New Zealand — Central government deficit (% of GDP)
% of GDP · Annual · 1931–2025 · 95 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
New Zealand's central government deficit reading was −3.2% of GDP in 2025. The period change from −2.33% of GDP in 2024 was −0.87 percentage points. The latest reading was below the selected 10-year average of −1.52% of GDP.
Get the full series
- Annual data, 1931–2025
- All 3 sources, downloadable
Latest observations
2007–2025
| Period | Value |
|---|---|
| 2025 | -3.2 % of GDP |
| 2024 | -2.33 % of GDP |
| 2023 | -3.12 % of GDP |
| 2022 | -3.82 % of GDP |
| 2021 | -2.06 % of GDP |
14 earlier values, back to 2007
| 2020 | -5.63 % of GDP |
| 2019 | 1.32 % of GDP |
| 2018 | 1.45 % of GDP |
| 2017 | 1.42 % of GDP |
| 2016 | 0.76 % of GDP |
| 2015 | 0.28 % of GDP |
| 2014 | -0.44 % of GDP |
| 2013 | -1.04 % of GDP |
| 2012 | -2.35 % of GDP |
| 2011 | -6.57 % of GDP |
| 2010 | -2.63 % of GDP |
| 2009 | 0.45 % of GDP |
| 2008 | 3.13 % of GDP |
| 2007 | 3.01 % of GDP |