New Zealand — Combined government deficit

millions of LCU · Annual · 1913–2030 · 118 observations

About this series

The combined 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. WED's combined-government scope requires source metadata.

In New Zealand, the combined government deficit reading was −10.28B LCU in 2025, compared with −12.38B LCU in 2024. The period change was +2.10B LCU. The corresponding ratio to GDP was −2.35% in 2025.

-30.00B-20.00B-10.00B010.00B1913201020202030LCUSubscribe to view

Get the full series

  • Annual data, 1913–2030
  • All 5 sources, downloadable

Latest observations

2007–2030

PeriodValue
20301.32B LCU
2029-159.95M LCU
2028-3.20B LCU
2027-6.57B LCU
2026-8.78B LCU
15 earlier values
2025-10.28B LCU
2024-12.38B LCU
2023-12.31B LCU
2022-10.27B LCU
2021-14.71B LCU
2020-25.60B LCU
2019-1.31B LCU
20182.54B LCU
20174.83B LCU
20163.29B LCU
2015474.00M LCU
20141.15B LCU
2013-1.46B LCU
2012-4.55B LCU
2011-8.56B LCU

Values before 2011, back to 2007, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.