Subsidies and other transfers in New Zealand
New Zealand: Subsidies and other transfers was 50.3% in 2022. ▲ Rising
Subsidies and other transfers in New Zealand, 2001–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for subsidies and other transfers in New Zealand is 50.3%, measured in 2022.
The figure is up 0.9% on the previous year and up 7.6% over ten years.
Over the whole period, subsidies and other transfers in New Zealand peaked at 52.7% in 2020 and was at its lowest, 33.3%, in 2001.
That places New Zealand 44th out of 152 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Subsidies and other transfers in New Zealand, year by year
| Year | % of expense | Change |
|---|---|---|
| 2001 | 33.3% | — |
| 2002 | 35.7% | +7.0% |
| 2003 | 36.8% | +3.2% |
| 2004 | 36.4% | -1.1% |
| 2005 | 35.1% | -3.6% |
| 2006 | 34.1% | -2.8% |
| 2007 | 34.2% | +0.2% |
| 2008 | 34.9% | +2.1% |
| 2009 | 47.2% | +35.1% |
| 2010 | 47.3% | +0.2% |
| 2011 | 40.7% | -13.9% |
| 2012 | 46.8% | +15.0% |
| 2013 | 46.7% | -0.2% |
| 2014 | 46.3% | -0.8% |
| 2015 | 46.5% | +0.4% |
| 2016 | 46.7% | +0.6% |
| 2017 | 46.5% | -0.4% |
| 2018 | 46.8% | +0.5% |
| 2019 | 47.8% | +2.1% |
| 2020 | 52.7% | +10.4% |
| 2021 | 49.9% | -5.5% |
| 2022 | 50.3% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.4% | 33.3% | 47.2% | 9 |
| 2010s | 46.2% | 40.7% | 47.8% | 10 |
| 2020s | 51.0% | 49.9% | 52.7% | 3 |
Countries ranked near New Zealand
- 41 Papua New Guinea 53.1% compare
- 42 Belgium 53.1% compare
- 43 Ethiopia 51.9% compare
- 45 Chile 50.3% compare
- 46 Bosnia and Herzegovina 49.4% compare
- 47 Uzbekistan 49.0% compare
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 subsidies and other transfers in New Zealand?
- Subsidies and other transfers in New Zealand was 50.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in New Zealand?
- The highest recorded value was 52.7% in 2020.
- What is the lowest subsidies and other transfers recorded in New Zealand?
- The lowest recorded value was 33.3% in 2001.
- How does New Zealand rank for subsidies and other transfers?
- New Zealand ranks 44th out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in New Zealand?
- Over the last ten years it is up 7.6%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.