Iceland vs New Zealand: Cyclically adjusted balance, General government, Percent of potential

Iceland
-0.0362
in 2030
New Zealand
0.0058
in 2030
Iceland rank
17th
New Zealand rank
15th

Cyclically adjusted balance, General government, Percent of potential over time

  • Iceland
  • New Zealand
-10010199120102030

How they compare

New Zealand currently reports 0.0058 against -0.0362 in Iceland, a difference of 0.042.

The two have swapped places 7 times across 25 shared years of data; in 2006 it was Iceland ahead.

Iceland ranks 17th and New Zealand ranks 15th of 88 countries.

Across the 4 decades both report, Iceland averaged higher in 2 and New Zealand in 2.

Head to head by decade

Decade Iceland New Zealand Difference Ahead
2000s -3.79 1.17 4.96 New Zealand
2010s -0.3832 -1.7 1.32 Iceland
2020s -2.68 -3.83 1.14 Iceland
2030s -0.0362 0.0058 0.042 New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher cyclically adjusted balance, general government, percent of potential, Iceland or New Zealand?
New Zealand, at 0.0058 against -0.0362 in Iceland as of 2030.
What is the difference in cyclically adjusted balance, general government, percent of potential between Iceland and New Zealand?
0.042, with New Zealand ahead.
How many years of comparable data are there for Iceland and New Zealand?
25 years are reported by both, from 2006 to 2030.
How do Iceland and New Zealand rank globally for cyclically adjusted balance, general government, percent of potential?
Iceland ranks 17th and New Zealand ranks 15th of 88 countries.
Where does this data come from?
International Monetary Fund, published as Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs New Zealand: Cyclically adjusted balance, General government, Percent of potential. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://public-sector.statizoid.com/compare/cyclically-adjusted-balance-general-government-percent-of-potential-gdp/iceland/new-zealand/

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About this data

Indicator
Cyclically adjusted balance, General government, Percent of potential GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
102 places, 3,388 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October