New Zealand — Combined government deficit (% of GDP)
% of GDP · 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. This series expresses that measure as a percentage of GDP for the matching period.
New Zealand's combined government deficit reading was −2.35% of GDP in 2025. The period change from −2.94% of GDP in 2024 was +0.59 percentage points. The latest reading was below the selected 10-year average of −1.98% of GDP.
Get the full series
- Annual data, 1913–2030
- All 5 sources, downloadable
Latest observations
2007–2030
| Period | Value |
|---|---|
| 2030 | 0.24 % of GDP |
| 2029 | -0.03 % of GDP |
| 2028 | -0.64 % of GDP |
| 2027 | -1.39 % of GDP |
| 2026 | -1.93 % of GDP |
15 earlier values
| 2025 | -2.35 % of GDP |
| 2024 | -2.94 % of GDP |
| 2023 | -3.04 % of GDP |
| 2022 | -2.7 % of GDP |
| 2021 | -4.17 % of GDP |
| 2020 | -7.92 % of GDP |
| 2019 | -0.41 % of GDP |
| 2018 | 0.84 % of GDP |
| 2017 | 1.69 % of GDP |
| 2016 | 1.23 % of GDP |
| 2015 | 0.19 % of GDP |
| 2014 | 0.48 % of GDP |
| 2013 | -0.64 % of GDP |
| 2012 | -2.11 % of GDP |
| 2011 | -4.06 % of GDP |
Values before 2011, back to 2007, are on the chart — hover to read them.