Social contributions (% of revenue) in New Zealand
New Zealand: Social contributions (% of revenue) was 2.0% in 2024. ◆ Volatile
Social contributions in New Zealand, 2001–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, social contributions in New Zealand stood at 2.0%.
That represents a change of down 2.5% on the previous year and down 39.5% over ten years.
Over the whole period, social contributions in New Zealand peaked at 3.8% in 2012 and was at its lowest, 0.1%, in 2002.
That places New Zealand 85th out of 112 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions (% of revenue) in New Zealand, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2001 | 0.3% | — |
| 2002 | 0.1% | -81.2% |
| 2003 | 0.3% | +401.6% |
| 2004 | 0.2% | -20.3% |
| 2005 | 0.2% | -14.2% |
| 2006 | 0.2% | -5.6% |
| 2007 | 0.2% | -10.3% |
| 2009 | 3.3% | +2046.1% |
| 2010 | 3.8% | +16.1% |
| 2011 | 3.8% | -0.6% |
| 2012 | 3.8% | +1.4% |
| 2013 | 3.3% | -13.9% |
| 2014 | 3.3% | -0.7% |
| 2015 | 2.9% | -13.3% |
| 2016 | 2.3% | -18.6% |
| 2017 | 2.2% | -5.3% |
| 2018 | 2.0% | -8.1% |
| 2019 | 2.0% | +0.8% |
| 2020 | 2.1% | +2.8% |
| 2021 | 2.0% | -4.8% |
| 2022 | 1.9% | -3.9% |
| 2023 | 2.0% | +6.5% |
| 2024 | 2.0% | -2.5% |
New Zealand compared with similar countries
- New Zealand's 2.0% is below the median for high income countries, which is 28.1%, 7% of the median. (49 countries reporting)
- New Zealand's 2.0% is above the median for East Asia & Pacific, which is 2.0%, 1.0× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Social contributions (% of revenue) 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 |
|---|---|---|---|
| 2009 | +2046.1% | 0.2% | 3.3% |
| 2003 | +401.6% | 0.1% | 0.3% |
| 2002 | -81.2% | 0.3% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.1% | 3.3% | 8 |
| 2010s | 3.0% | 2.0% | 3.8% | 10 |
| 2020s | 2.0% | 1.9% | 2.1% | 5 |
Countries ranked near New Zealand
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Frequently asked questions
- What is social contributions in New Zealand?
- Social contributions in New Zealand was 2.0% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in New Zealand?
- The highest recorded value was 3.8% in 2012.
- What is the lowest social contributions recorded in New Zealand?
- The lowest recorded value was 0.1% in 2002.
- How does New Zealand rank for social contributions?
- New Zealand ranks 85th out of 112 countries with data for 2024.
- Is social contributions rising or falling in New Zealand?
- Over the last ten years it is down 39.5%. The long-run trend across the full record is volatile.
- 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 Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.