Europe & Central Asia vs New Zealand: Tax revenue
Tax revenue over time
- Europe & Central Asia
- New Zealand
How they compare
New Zealand currently reports 29.5% against 19.7% in Europe & Central Asia, a difference of 9.8%.
That makes New Zealand's figure about 1.5 times Europe & Central Asia's.
Across all 41 years both countries report, New Zealand has been ahead every year.
Europe & Central Asia ranks 5th and New Zealand ranks 4th of 35 groups.
New Zealand has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16.1% | 27.7% | 11.5% | New Zealand |
| 1980s | 17.5% | 30.3% | 12.8% | New Zealand |
| 2000s | 19.3% | 29.9% | 10.5% | New Zealand |
| 2010s | 19.3% | 27.0% | 7.7% | New Zealand |
| 2020s | 19.5% | 28.6% | 9.1% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Europe & Central Asia or New Zealand?
- New Zealand, at 29.5% against 19.7% in Europe & Central Asia as of 2024.
- What is the difference in tax revenue between Europe & Central Asia and New Zealand?
- 9.8%, with New Zealand ahead.
- How many years of comparable data are there for Europe & Central Asia and New Zealand?
- 41 years are reported by both, from 1972 to 2024.
- How do Europe & Central Asia and New Zealand rank globally for tax revenue?
- Europe & Central Asia ranks 5th and New Zealand ranks 4th of 35 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.