New Zealand—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #5 of 139
Latest Value
30.7%
2023
YoY Change
+3.6%
2022 → 2023
Global Rank
#5
of 139 countries
Maximum
32.0%
2006
Minimum
25.6%
2011
CAGR
+0.3%
23 years
Last
30.7%
Previous
29.6%
Highest
32.0%
Lowest
25.6%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 30.7% | +3.6% |
| 2022 | 29.6% | +2.0% |
| 2021 | 29.0% | +6.2% |
| 2020 | 27.3% | -2.9% |
| 2019 | 28.1% | +2.5% |
| 2018 | 27.5% | +0.6% |
| 2017 | 27.3% | +0.2% |
| 2016 | 27.2% | -0.5% |
| 2015 | 27.4% | +2.1% |
| 2014 | 26.8% | +0.5% |
| 2013 | 26.7% | -0.6% |
| 2012 | 26.9% | +4.8% |
| 2011 | 25.6% | -1.7% |
| 2010 | 26.1% | -11.9% |
| 2009 | 29.6% | -5.8% |
| 2008 | 31.5% | +4.5% |
| 2007 | 30.1% | -5.9% |
| 2006 | 32.0% | +5.5% |
| 2005 | 30.3% | +3.6% |
| 2004 | 29.3% | +0.0% |
| 2003 | 29.2% | +3.7% |
| 2002 | 28.2% | -1.2% |
| 2001 | 28.6% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 44.3% | 2020 |
| 2 | Lesotho | 37.3% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | Denmark | 31.6% | 2023 |
| 5 | New Zealand | 30.7% | 2023 |
| 6 | Sweden | 27.6% | 2023 |
| 7 | Norway | 27.1% | 2023 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Luxembourg | 26.8% | 2023 |
| 10 | Greece | 26.7% | 2023 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →