Other expense (% of expense) in New Zealand
New Zealand: Other expense (% of expense) was 9.6% in 2022. ▲ Rising
Other expense in New Zealand, 2001–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2022, other expense in New Zealand stood at 9.6%.
Compared with earlier readings it is down 6.2% on the previous year and down 29.4% over ten years.
Over the whole period, other expense in New Zealand peaked at 25.2% in 2011 and was at its lowest, 3.5%, in 2001.
New Zealand ranks 44th of 147 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Other expense (% of expense) in New Zealand, year by year
| Year | % of expense | Change |
|---|---|---|
| 2001 | 3.5% | — |
| 2002 | 4.3% | +22.7% |
| 2003 | 5.7% | +31.8% |
| 2004 | 6.4% | +12.6% |
| 2005 | 6.2% | -3.4% |
| 2006 | 6.2% | +0.6% |
| 2007 | 6.7% | +8.0% |
| 2008 | 7.8% | +15.6% |
| 2009 | 13.3% | +71.1% |
| 2010 | 13.4% | +0.7% |
| 2011 | 25.2% | +88.4% |
| 2012 | 13.6% | -45.8% |
| 2013 | 13.2% | -3.3% |
| 2014 | 13.4% | +1.3% |
| 2015 | 12.9% | -3.4% |
| 2016 | 12.8% | -0.5% |
| 2017 | 13.0% | +1.6% |
| 2018 | 10.2% | -21.5% |
| 2019 | 10.3% | +0.5% |
| 2020 | 10.2% | -1.3% |
| 2021 | 10.3% | +1.0% |
| 2022 | 9.6% | -6.2% |
New Zealand compared with similar countries
- New Zealand's 9.6% is above the median for high income countries, which is 9.4%, 1.0× the median. (55 countries reporting)
- New Zealand's 9.6% is above the median for East Asia & Pacific, which is 6.3%, 1.5× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Other expense (% of expense) 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 |
|---|---|---|---|
| 2011 | +88.4% | 13.4% | 25.2% |
| 2009 | +71.1% | 7.8% | 13.3% |
| 2012 | -45.8% | 25.2% | 13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.7% | 3.5% | 13.3% | 9 |
| 2010s | 13.8% | 10.2% | 25.2% | 10 |
| 2020s | 10.0% | 9.6% | 10.3% | 3 |
Countries ranked near New Zealand
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Frequently asked questions
- What is other expense in New Zealand?
- Other expense in New Zealand was 9.6% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in New Zealand?
- The highest recorded value was 25.2% in 2011.
- What is the lowest other expense recorded in New Zealand?
- The lowest recorded value was 3.5% in 2001.
- How does New Zealand rank for other expense?
- New Zealand ranks 44th out of 147 countries with data for 2022.
- Is other expense rising or falling in New Zealand?
- Over the last ten years it is down 29.4%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.