Tax revenue in New Zealand
New Zealand: Tax revenue was 127.55 billion current LCU in 2024. ◆ Volatile
Tax revenue in New Zealand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in New Zealand is 127.55 billion current LCU, measured in 2024. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 95.7% over ten years.
Over the whole period, tax revenue in New Zealand peaked at 127.55 billion current LCU in 2024 and was at its lowest, 1.93 billion current LCU, in 1972.
New Zealand ranks 85th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 1.93 billion current LCU | — |
| 1973 | 2.40 billion current LCU | +24.5% |
| 1974 | 2.87 billion current LCU | +19.6% |
| 1975 | 3.19 billion current LCU | +11.1% |
| 1976 | 3.85 billion current LCU | +20.8% |
| 1977 | 4.63 billion current LCU | +20.3% |
| 1978 | 5.00 billion current LCU | +8.0% |
| 1979 | 6.03 billion current LCU | +20.6% |
| 1980 | 7.06 billion current LCU | +17.1% |
| 1981 | 8.81 billion current LCU | +24.8% |
| 1982 | 10.12 billion current LCU | +14.8% |
| 1983 | 10.47 billion current LCU | +3.4% |
| 1984 | 11.97 billion current LCU | +14.4% |
| 1985 | 14.33 billion current LCU | +19.6% |
| 1986 | 17.49 billion current LCU | +22.1% |
| 1987 | 21.69 billion current LCU | +24.0% |
| 1988 | 22.93 billion current LCU | +5.8% |
| 2001 | 36.76 billion current LCU | +60.3% |
| 2002 | 38.13 billion current LCU | +3.7% |
| 2003 | 42.26 billion current LCU | +10.8% |
| 2004 | 45.22 billion current LCU | +7.0% |
| 2005 | 49.39 billion current LCU | +9.2% |
| 2006 | 55.02 billion current LCU | +11.4% |
| 2007 | 56.21 billion current LCU | +2.2% |
| 2008 | 59.71 billion current LCU | +6.2% |
| 2009 | 57.68 billion current LCU | -3.4% |
| 2010 | 53.18 billion current LCU | -7.8% |
| 2011 | 54.68 billion current LCU | +2.8% |
| 2012 | 58.53 billion current LCU | +7.0% |
| 2013 | 62.19 billion current LCU | +6.3% |
| 2014 | 65.17 billion current LCU | +4.8% |
| 2015 | 70.01 billion current LCU | +7.4% |
| 2016 | 74.02 billion current LCU | +5.7% |
| 2017 | 79.46 billion current LCU | +7.3% |
| 2018 | 84.14 billion current LCU | +5.9% |
| 2019 | 91.43 billion current LCU | +8.7% |
| 2020 | 89.73 billion current LCU | -1.9% |
| 2021 | 104.06 billion current LCU | +16.0% |
| 2022 | 115.12 billion current LCU | +10.6% |
| 2023 | 117.16 billion current LCU | +1.8% |
| 2024 | 127.55 billion current LCU | +8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.74 billion current LCU | 1.93 billion current LCU | 6.03 billion current LCU | 8 |
| 1980s | 13.88 billion current LCU | 7.06 billion current LCU | 22.93 billion current LCU | 9 |
| 2000s | 48.93 billion current LCU | 36.76 billion current LCU | 59.71 billion current LCU | 9 |
| 2010s | 69.28 billion current LCU | 53.18 billion current LCU | 91.43 billion current LCU | 10 |
| 2020s | 110.73 billion current LCU | 89.73 billion current LCU | 127.55 billion current LCU | 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 tax revenue in New Zealand?
- Tax revenue in New Zealand was 127.55 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in New Zealand?
- The highest recorded value was 127.55 billion current LCU in 2024.
- What is the lowest tax revenue recorded in New Zealand?
- The lowest recorded value was 1.93 billion current LCU in 1972.
- How does New Zealand rank for tax revenue?
- New Zealand ranks 85th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in New Zealand?
- Over the last ten years it is up 95.7%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.