Cyclically adjusted primary balance, General government, Percent of in New Zealand

New Zealand: Cyclically adjusted primary balance, General government, Percent of was 2.01 in 2030. ◆ Volatile

Latest (2030)
2.01
Change on year
up 50.7%
World rank
10th
of 86 countries
All-time high
4.01
in 2006
All-time low
-4.82
in 2010
Years of data
25
2006–2030

Cyclically adjusted primary balance, General government, Percent of in New Zealand, 2006–2030

-4-20242006201820302006: 42007: 3.22008: 1.62009: -22010: -4.82011: -42012: -1.32013: -0.5412014: -0.0922015: 0.2472016: 0.6952017: 0.9182018: 0.8032019: -2.12020: -4.12021: -4.12022: -4.72023: -4.72024: -3.52025: -2.62026: -22027: -0.8562028: 0.2432029: 1.32030: 2

Source: International Monetary Fund.

Analysis

New Zealand recorded 2.01 for cyclically adjusted primary balance, general government, percent of in 2030.

The figure is up 50.7% on the previous year and up 149.2% over ten years.

Over the whole period, cyclically adjusted primary balance, general government, percent of in New Zealand peaked at 4.01 in 2006 and was at its lowest, -4.82, in 2010.

New Zealand ranks 10th of 86 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 primary balance, General government, Percent of in New Zealand, year by year

Annual values for Cyclically adjusted primary balance, General government, Percent of potential GDP in New Zealand, 2006 to 2030.
Year Value Change
2006 4.01
2007 3.23 -19.4%
2008 1.6 -50.5%
2009 -1.98 -223.7%
2010 -4.82 +144.1%
2011 -4 -17.1%
2012 -1.26 -68.4%
2013 -0.5411 -57.1%
2014 -0.0916 -83.1%
2015 0.2465 -369.0%
2016 0.6948 +181.8%
2017 0.9183 +32.2%
2018 0.8026 -12.6%
2019 -2.15 -367.8%
2020 -4.08 +89.9%
2021 -4.07 -0.4%
2022 -4.72 +16.1%
2023 -4.66 -1.4%
2024 -3.53 -24.2%
2025 -2.61 -26.0%
2026 -2.05 -21.6%
2027 -0.8564 -58.2%
2028 0.2426 -128.3%
2029 1.33 +449.7%
2030 2.01 +50.7%

New Zealand compared with similar countries

  • New Zealand's 2.01 is above the median for high income countries, which is -1.15. (47 countries reporting)
  • New Zealand's 2.01 is above the median for East Asia & Pacific, which is -0.9122. (10 countries reporting)

Biggest year-on-year movements

Years where Cyclically adjusted primary balance, General government, Percent of 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.

YearChange FromTo
2029 +449.7% 0.2426 1.33
2019 -367.8% 0.8026 -2.15

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.71 -1.98 4.01 4
2010s -1.02 -4.82 0.9183 10
2020s -2.5 -4.72 1.33 10
2030s 2.01 2.01 2.01 1

Countries ranked near New Zealand

  1. 7 Suriname 3.22 compare
  2. 8 Qatar 3.08 compare
  3. 9 Ecuador 2.41 compare
  4. 11 Greece 1.98 compare
  5. 12 Cyprus 1.96 compare
  6. 13 Italy 1.96 compare

See the full ranking of 100 places →

More public sector data for New Zealand

All data for New Zealand →

Frequently asked questions

What is cyclically adjusted primary balance, general government, percent of in New Zealand?
Cyclically adjusted primary balance, general government, percent of in New Zealand was 2.01 in 2030, according to International Monetary Fund.
What is the highest cyclically adjusted primary balance, general government, percent of recorded in New Zealand?
The highest recorded value was 4.01 in 2006.
What is the lowest cyclically adjusted primary balance, general government, percent of recorded in New Zealand?
The lowest recorded value was -4.82 in 2010.
How does New Zealand rank for cyclically adjusted primary balance, general government, percent of?
New Zealand ranks 10th out of 86 countries with data for 2030.
Is cyclically adjusted primary balance, general government, percent of rising or falling in New Zealand?
Over the last ten years it is up 149.2%. 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 primary balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.

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Cyclically adjusted primary balance, General government, Percent of in New Zealand. Statizoid, drawing on International Monetary Fund. Retrieved 14 September 2026, from https://public-sector.statizoid.com/stat/cyclically-adjusted-primary-balance-general-government-percent-of-potential-gdp/new-zealand/

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About this data

Indicator
Cyclically adjusted primary balance, General government, Percent of potential GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
100 places, 3,288 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October