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# New Zealand Tax Revenue to GDP

> New Zealand tax revenue to gdp is 29.5% as of Dec 2024, from 28.1%. History from 1972, source World Bank. Free API & MCP access.

Tax Revenue to GDP in New Zealand rose to 29.5% in Dec 2024 from 28.1% in Dec 2023.

Tax Revenue to GDP in New Zealand averaged 28.4% from 1972 until 2024, reaching an all-time high of 33.2% in Dec 1987 and a record low of 24.5% in Dec 1972. The series is reported yearly with history from 1972.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 29.5% | 28.1% | 33.2% (Dec 1987) | 24.5% (Dec 1972) | 1972–2024 | % of GDP | annual |

## FAQ

**What is New Zealand's tax revenue to gdp right now?**

Tax Revenue to GDP in New Zealand is 29.5% as of Dec 2024.

**What are the historical extremes for New Zealand's tax revenue to gdp?**

The all-time high is 33.2% (Dec 1987); the record low is 24.5% (Dec 1972), over a series starting in 1972.

**How often is this series updated?**

Tax Revenue to GDP for New Zealand is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=new-zealand&indicator=tax-revenue-pct-gdp`.
Back to [New Zealand economy](/new-zealand.md).