New Zealand—Government Revenue Excluding Grants (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #32 of 139Series years: 2001–2024
Latest Value
34.2%
2024
YoY Change
+6.4%
2023 → 2024
Global Rank
#32
of 139 countries
Maximum
37.1%
2006
Minimum
31.5%
2020
CAGR
+0.2%
24 years
Last
34.2%
Previous
32.2%
Highest
37.1%
Lowest
31.5%
Unit
% of GDP
Source
World Bank World Development Indicators
New Zealand's government revenue excluding grants (% of GDP) was 34.2% in 2024, ranking #32 out of 139 countries. This represents a +6.4% change from 2023. Over the past 24 years, the highest recorded value was 37.1% (2006) and the lowest was 31.5% (2020). Data sourced from the World Bank World Development Indicators.
New Zealand — Government Revenue Excluding Grants (% of GDP): 34.2451111701211 % of GDP for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 34.2% | +6.4% |
| 2023 | 32.2% | -1.9% |
| 2022 | 32.8% | +0.3% |
| 2021 | 32.7% | +3.9% |
| 2020 | 31.5% | -3.9% |
| 2019 | 32.8% | +2.2% |
| 2018 | 32.1% | -0.1% |
| 2017 | 32.2% | -0.6% |
| 2016 | 32.4% | -1.1% |
| 2015 | 32.7% | +0.2% |
| 2014 | 32.7% | +0.5% |
| 2013 | 32.5% | -1.8% |
| 2012 | 33.1% | -2.2% |
| 2011 | 33.8% | +4.7% |
| 2010 | 32.3% | -8.9% |
| 2009 | 35.5% | -2.1% |
| 2008 | 36.2% | +2.7% |
| 2007 | 35.3% | -4.8% |
| 2006 | 37.1% | +2.5% |
| 2005 | 36.2% | +4.7% |
| 2004 | 34.6% | +0.3% |
| 2003 | 34.5% | +3.1% |
| 2002 | 33.4% | +1.0% |
| 2001 | 33.1% |
Top Countries — Government Revenue Excluding Grants (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 115.5% | 2024 |
| 2 | Kiribati | 80.2% | 2023 |
| 3 | Timor-Leste | 51.5% | 2022 |
| 4 | Norway | 51.5% | 2024 |
| 5 | Austria | 45.1% | 2024 |
| 6 | Greece | 44.8% | 2024 |
| 7 | Luxembourg | 44.6% | 2024 |
| 8 | Slovenia | 43.5% | 2024 |
| 9 | France | 42.1% | 2024 |
| 10 | Lesotho | 42.0% | 2024 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Unit
% of GDP