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New Zealand

Tax-to-GDP Ratio: 32.9% (-2.8% vs OECD Average)

Data year: 2024

Fiscal Balance

Revenue
40.8% of GDP
Spending
44.0% of GDP
Deficit -3.2% of GDP
Gross Debt 55.8% of GDP

Budget Flow

Revenue Spending

Tax Revenue Breakdown

Total: 32.9% GDP

Compared to OECD Average

Tax Burden by Income Level

Tax Wedge by Income Level

Single, no children

Who Pays?

Individuals 42%
Corporations 12%
Other 46%

% of total tax revenue

67% of avg wage (low income)
16%
100% of avg wage (median)
20.8%
167% of avg wage (high income)
25.4%

Government Spending Breakdown

% of GDP
vs others
Q1–Q3 median New Zealand

What does the spending achieve?

Health Spending vs Life Expectancy

This country Other countries

Education Spending vs PISA Score

This country Other countries
Life Expectancy 83 years
Infant Mortality 4 per 1,000 births
PISA Average Score 495