Taxes on goods and services (current LCU), annual growth rate in New Zealand
New Zealand: Taxes on goods and services (current LCU), annual growth rate was 7.82 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in New Zealand, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes on goods and services (current lcu), annual growth rate in New Zealand is 7.82 % change on previous year, measured in 2024.
That represents a change of up 148.1% on the previous year and up 70.9% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in New Zealand peaked at 64.55 % change on previous year in 1987 and was at its lowest, -3.36 % change on previous year, in 2008.
That places New Zealand 90th out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in New Zealand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 13.77 % change on previous year | — |
| 1974 | 7.34 % change on previous year | -46.7% |
| 1975 | 30.31 % change on previous year | +312.9% |
| 1976 | 13.76 % change on previous year | -54.6% |
| 1977 | 15.21 % change on previous year | +10.6% |
| 1978 | 18.07 % change on previous year | +18.8% |
| 1979 | 16.13 % change on previous year | -10.7% |
| 1980 | 14.76 % change on previous year | -8.5% |
| 1981 | 27.99 % change on previous year | +89.7% |
| 1982 | 18.48 % change on previous year | -34.0% |
| 1983 | 11.66 % change on previous year | -36.9% |
| 1984 | 14.05 % change on previous year | +20.6% |
| 1985 | 6.09 % change on previous year | -56.7% |
| 1986 | 34.74 % change on previous year | +470.5% |
| 1987 | 64.55 % change on previous year | +85.8% |
| 1988 | 7.46 % change on previous year | -88.4% |
| 2002 | 6.78 % change on previous year | -9.1% |
| 2003 | 9.24 % change on previous year | +36.2% |
| 2004 | 7.73 % change on previous year | -16.4% |
| 2005 | 3.4 % change on previous year | -56.0% |
| 2006 | 4.79 % change on previous year | +40.9% |
| 2007 | 1.27 % change on previous year | -73.6% |
| 2008 | -3.36 % change on previous year | -365.4% |
| 2009 | 3.06 % change on previous year | -191.2% |
| 2010 | 3.59 % change on previous year | +17.2% |
| 2011 | 13.02 % change on previous year | +262.6% |
| 2012 | 6.02 % change on previous year | -53.8% |
| 2013 | 4.09 % change on previous year | -32.1% |
| 2014 | 4.58 % change on previous year | +11.9% |
| 2015 | 6.09 % change on previous year | +33.2% |
| 2016 | 5.72 % change on previous year | -6.1% |
| 2017 | 6.11 % change on previous year | +6.8% |
| 2018 | 5.85 % change on previous year | -4.2% |
| 2019 | 7.19 % change on previous year | +23.0% |
| 2020 | -0.7892 % change on previous year | -111.0% |
| 2021 | 15.89 % change on previous year | -2114.1% |
| 2022 | -1.23 % change on previous year | -107.7% |
| 2023 | 3.15 % change on previous year | -356.9% |
| 2024 | 7.82 % change on previous year | +148.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.37 % change on previous year | 7.34 % change on previous year | 30.31 % change on previous year | 7 |
| 1980s | 22.2 % change on previous year | 6.09 % change on previous year | 64.55 % change on previous year | 9 |
| 2000s | 4.11 % change on previous year | -3.36 % change on previous year | 9.24 % change on previous year | 8 |
| 2010s | 6.23 % change on previous year | 3.59 % change on previous year | 13.02 % change on previous year | 10 |
| 2020s | 4.97 % change on previous year | -1.23 % change on previous year | 15.89 % change on previous year | 5 |
Countries ranked near New Zealand
- 87 Mauritius 8.35 % change on previous year compare
- 88 Kyrgyzstan 8.31 % change on previous year compare
- 89 Ireland 8.13 % change on previous year compare
- 91 Luxembourg 7.78 % change on previous year compare
- 92 Portugal 7.68 % change on previous year compare
- 93 Guatemala 7.64 % change on previous year 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 taxes on goods and services (current lcu), annual growth rate in New Zealand?
- Taxes on goods and services (current lcu), annual growth rate in New Zealand was 7.82 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in New Zealand?
- The highest recorded value was 64.55 % change on previous year in 1987.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in New Zealand?
- The lowest recorded value was -3.36 % change on previous year in 2008.
- How does New Zealand rank for taxes on goods and services (current lcu), annual growth rate?
- New Zealand ranks 90th out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in New Zealand?
- Over the last ten years it is up 70.9%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.