Taxes on goods and services (current LCU), per unit of GDP in New Zealand
New Zealand: Taxes on goods and services (current LCU), per unit of GDP was 0.1496 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in New Zealand, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
New Zealand recorded 0.1496 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 5.7% on the previous year and up 31.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in New Zealand peaked at 0.2295 current LCU per US$ of GDP in 2001 and was at its lowest, 0.0388 current LCU per US$ of GDP, in 1974.
That places New Zealand 113th out of 157 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in New Zealand, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.0463 current LCU per US$ of GDP | — |
| 1973 | 0.0394 current LCU per US$ of GDP | -15.0% |
| 1974 | 0.0388 current LCU per US$ of GDP | -1.4% |
| 1975 | 0.0548 current LCU per US$ of GDP | +41.2% |
| 1976 | 0.0589 current LCU per US$ of GDP | +7.5% |
| 1977 | 0.0598 current LCU per US$ of GDP | +1.5% |
| 1978 | 0.0589 current LCU per US$ of GDP | -1.6% |
| 1979 | 0.0611 current LCU per US$ of GDP | +3.8% |
| 1980 | 0.0626 current LCU per US$ of GDP | +2.4% |
| 1981 | 0.0762 current LCU per US$ of GDP | +21.8% |
| 1982 | 0.0912 current LCU per US$ of GDP | +19.7% |
| 1983 | 0.1013 current LCU per US$ of GDP | +11.0% |
| 1984 | 0.1296 current LCU per US$ of GDP | +28.0% |
| 1985 | 0.1207 current LCU per US$ of GDP | -6.9% |
| 1986 | 0.1312 current LCU per US$ of GDP | +8.7% |
| 1987 | 0.1636 current LCU per US$ of GDP | +24.7% |
| 1988 | 0.1571 current LCU per US$ of GDP | -4.0% |
| 2001 | 0.2295 current LCU per US$ of GDP | +46.1% |
| 2002 | 0.1982 current LCU per US$ of GDP | -13.7% |
| 2003 | 0.1634 current LCU per US$ of GDP | -17.5% |
| 2004 | 0.1495 current LCU per US$ of GDP | -8.5% |
| 2005 | 0.14 current LCU per US$ of GDP | -6.4% |
| 2006 | 0.1509 current LCU per US$ of GDP | +7.8% |
| 2007 | 0.1243 current LCU per US$ of GDP | -17.7% |
| 2008 | 0.1235 current LCU per US$ of GDP | -0.6% |
| 2009 | 0.1396 current LCU per US$ of GDP | +13.0% |
| 2010 | 0.1197 current LCU per US$ of GDP | -14.2% |
| 2011 | 0.118 current LCU per US$ of GDP | -1.5% |
| 2012 | 0.1194 current LCU per US$ of GDP | +1.2% |
| 2013 | 0.1149 current LCU per US$ of GDP | -3.8% |
| 2014 | 0.1139 current LCU per US$ of GDP | -0.9% |
| 2015 | 0.1366 current LCU per US$ of GDP | +20.0% |
| 2016 | 0.1362 current LCU per US$ of GDP | -0.3% |
| 2017 | 0.1322 current LCU per US$ of GDP | -2.9% |
| 2018 | 0.1365 current LCU per US$ of GDP | +3.3% |
| 2019 | 0.1454 current LCU per US$ of GDP | +6.5% |
| 2020 | 0.1441 current LCU per US$ of GDP | -0.9% |
| 2021 | 0.1404 current LCU per US$ of GDP | -2.6% |
| 2022 | 0.1409 current LCU per US$ of GDP | +0.4% |
| 2023 | 0.1416 current LCU per US$ of GDP | +0.5% |
| 2024 | 0.1496 current LCU per US$ of GDP | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0523 current LCU per US$ of GDP | 0.0388 current LCU per US$ of GDP | 0.0611 current LCU per US$ of GDP | 8 |
| 1980s | 0.1148 current LCU per US$ of GDP | 0.0626 current LCU per US$ of GDP | 0.1636 current LCU per US$ of GDP | 9 |
| 2000s | 0.1577 current LCU per US$ of GDP | 0.1235 current LCU per US$ of GDP | 0.2295 current LCU per US$ of GDP | 9 |
| 2010s | 0.1273 current LCU per US$ of GDP | 0.1139 current LCU per US$ of GDP | 0.1454 current LCU per US$ of GDP | 10 |
| 2020s | 0.1433 current LCU per US$ of GDP | 0.1404 current LCU per US$ of GDP | 0.1496 current LCU per US$ of GDP | 5 |
Countries ranked near New Zealand
- 110 Saint Kitts and Nevis 0.1681 current LCU per US$ of GDP compare
- 111 Croatia 0.1655 current LCU per US$ of GDP compare
- 112 Kiribati 0.158 current LCU per US$ of GDP compare
- 114 Azerbaijan 0.1474 current LCU per US$ of GDP compare
- 115 Tunisia 0.1464 current LCU per US$ of GDP compare
- 116 Greece 0.1456 current LCU per US$ of GDP 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), per unit of gdp in New Zealand?
- Taxes on goods and services (current lcu), per unit of gdp in New Zealand was 0.1496 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in New Zealand?
- The highest recorded value was 0.2295 current LCU per US$ of GDP in 2001.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in New Zealand?
- The lowest recorded value was 0.0388 current LCU per US$ of GDP in 1974.
- How does New Zealand rank for taxes on goods and services (current lcu), per unit of gdp?
- New Zealand ranks 113th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in New Zealand?
- Over the last ten years it is up 31.4%. The long-run trend across the full record is rising.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.