Cyclically adjusted balance, General government, Percent of potential in New Zealand
New Zealand: Cyclically adjusted balance, General government, Percent of potential was 0.0058 in 2030. ◆ Volatile
Cyclically adjusted balance, General government, Percent of potential in New Zealand, 2006–2030
Source: International Monetary Fund.
Analysis
The most recent figure for cyclically adjusted balance, general government, percent of potential in New Zealand is 0.0058, measured in 2030.
Compared with earlier readings it is up 100.8% on the previous year and up 100.1% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in New Zealand peaked at 3.17 in 2006 and was at its lowest, -5.54, in 2022.
New Zealand ranks 15th of 88 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 3.17 | — |
| 2007 | 2.63 | -16.9% |
| 2008 | 1.22 | -53.5% |
| 2009 | -2.33 | -290.2% |
| 2010 | -5.44 | +133.7% |
| 2011 | -4.78 | -12.1% |
| 2012 | -2.15 | -55.1% |
| 2013 | -1.3 | -39.3% |
| 2014 | -0.7212 | -44.7% |
| 2015 | -0.3878 | -46.2% |
| 2016 | 0.0536 | -113.8% |
| 2017 | 0.298 | +455.7% |
| 2018 | 0.1822 | -38.8% |
| 2019 | -2.77 | -1622.6% |
| 2020 | -4.74 | +71.0% |
| 2021 | -4.83 | +1.8% |
| 2022 | -5.54 | +14.6% |
| 2023 | -5.48 | -1.1% |
| 2024 | -4.72 | -13.8% |
| 2025 | -4.17 | -11.6% |
| 2026 | -3.71 | -11.1% |
| 2027 | -2.68 | -27.9% |
| 2028 | -1.7 | -36.4% |
| 2029 | -0.6891 | -59.5% |
| 2030 | 0.0058 | -100.8% |
New Zealand compared with similar countries
- New Zealand's 0.0058 is above the median for high income countries, which is -2.33. (48 countries reporting)
- New Zealand's 0.0058 is above the median for East Asia & Pacific, which is -2.4. (11 countries reporting)
Biggest year-on-year movements
Years where Cyclically adjusted balance, General government, Percent of potential in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -1622.6% | 0.1822 | -2.77 |
| 2017 | +455.7% | 0.0536 | 0.298 |
| 2009 | -290.2% | 1.22 | -2.33 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 | -2.33 | 3.17 | 4 |
| 2010s | -1.7 | -5.44 | 0.298 | 10 |
| 2020s | -3.83 | -5.54 | -0.6891 | 10 |
| 2030s | 0.0058 | 0.0058 | 0.0058 | 1 |
Countries ranked near New Zealand
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 37.81 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -50.62 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 200.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 566.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0115 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.01 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.00 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,538 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in New Zealand?
- Cyclically adjusted balance, general government, percent of potential in New Zealand was 0.0058 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in New Zealand?
- The highest recorded value was 3.17 in 2006.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in New Zealand?
- The lowest recorded value was -5.54 in 2022.
- How does New Zealand rank for cyclically adjusted balance, general government, percent of potential?
- New Zealand ranks 15th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in New Zealand?
- Over the last ten years it is up 100.1%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October