Taxes on goods and services in New Zealand
New Zealand: Taxes on goods and services was 9.9% in 2023. ▲ Rising
Taxes on goods and services in New Zealand, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
New Zealand recorded 9.9% for taxes on goods and services in 2023.
The figure is down 3.4% on the previous year and down 10.8% over ten years.
Over the whole period, taxes on goods and services in New Zealand peaked at 11.6% in 1987 and was at its lowest, 5.9%, in 1974.
New Zealand ranks 78th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Taxes on goods and services in New Zealand, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1972 | 6.6% | — |
| 1973 | 6.3% | -3.8% |
| 1974 | 5.9% | -6.2% |
| 1975 | 7.0% | +17.4% |
| 1976 | 6.5% | -6.3% |
| 1977 | 6.6% | +1.2% |
| 1978 | 6.8% | +3.6% |
| 1979 | 7.0% | +2.4% |
| 1980 | 6.8% | -3.1% |
| 1981 | 7.0% | +3.7% |
| 1982 | 7.3% | +3.1% |
| 1983 | 7.3% | +0.5% |
| 1984 | 7.5% | +2.3% |
| 1985 | 6.8% | -9.5% |
| 1986 | 7.7% | +13.7% |
| 1987 | 11.6% | +51.4% |
| 1988 | 11.6% | -0.6% |
| 2001 | 11.3% | -2.4% |
| 2002 | 11.2% | -0.5% |
| 2003 | 11.5% | +2.1% |
| 2004 | 11.5% | +0.4% |
| 2005 | 11.2% | -2.8% |
| 2006 | 11.2% | +0.3% |
| 2007 | 10.6% | -5.7% |
| 2008 | 9.9% | -6.3% |
| 2009 | 10.0% | +1.2% |
| 2010 | 10.1% | +0.6% |
| 2011 | 10.9% | +8.3% |
| 2012 | 11.2% | +2.9% |
| 2013 | 11.1% | -1.1% |
| 2014 | 10.9% | -2.3% |
| 2015 | 10.9% | +0.6% |
| 2016 | 11.0% | +1.0% |
| 2017 | 11.0% | -0.6% |
| 2018 | 11.0% | +0.2% |
| 2019 | 11.2% | +1.6% |
| 2020 | 10.9% | -2.8% |
| 2021 | 11.6% | +6.6% |
| 2022 | 10.3% | -11.3% |
| 2023 | 9.9% | -3.4% |
New Zealand compared with similar countries
- New Zealand's 9.9% is below the median for high income countries, which is 11.7%, 85% of the median. (55 countries reporting)
- New Zealand's 9.9% is above the median for East Asia & Pacific, which is 7.8%, 1.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +51.4% | 7.7% | 11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.6% | 5.9% | 7.0% | 8 |
| 1980s | 8.2% | 6.8% | 11.6% | 9 |
| 2000s | 10.9% | 9.9% | 11.5% | 9 |
| 2010s | 10.9% | 10.1% | 11.2% | 10 |
| 2020s | 10.7% | 9.9% | 11.6% | 4 |
Countries ranked near New Zealand
- 75 Azerbaijan 10.2% compare
- 76 Malawi 10.1% compare
- 77 Belgium 10.1% compare
- 79 Nepal 9.6% compare
- 80 Tanzania, United Republic of 9.5% compare
- 81 Dominican Republic 9.5% 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 in New Zealand?
- Taxes on goods and services in New Zealand was 9.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in New Zealand?
- The highest recorded value was 11.6% in 1987.
- What is the lowest taxes on goods and services recorded in New Zealand?
- The lowest recorded value was 5.9% in 1974.
- How does New Zealand rank for taxes on goods and services?
- New Zealand ranks 78th out of 154 countries with data for 2023.
- Is taxes on goods and services rising or falling in New Zealand?
- Over the last ten years it is down 10.8%. 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.