Social contributions in New Zealand
New Zealand: Social contributions 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 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% |
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
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 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.