Taxes on income, profits and capital gains in New Zealand
New Zealand: Taxes on income, profits and capital gains was 84.13 billion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains 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 taxes on income, profits and capital gains in New Zealand is 84.13 billion current LCU, measured in 2024. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 110.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in New Zealand peaked at 84.13 billion current LCU in 2024 and was at its lowest, 1.31 billion current LCU, in 1972.
That places New Zealand 79th out of 153 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 income, profits and capital gains in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 1.31 billion current LCU | — |
| 1973 | 1.70 billion current LCU | +29.2% |
| 1974 | 2.14 billion current LCU | +25.7% |
| 1975 | 2.30 billion current LCU | +7.5% |
| 1976 | 2.83 billion current LCU | +23.2% |
| 1977 | 3.48 billion current LCU | +23.1% |
| 1978 | 3.65 billion current LCU | +5.0% |
| 1979 | 4.47 billion current LCU | +22.2% |
| 1980 | 5.30 billion current LCU | +18.7% |
| 1981 | 6.51 billion current LCU | +22.9% |
| 1982 | 7.46 billion current LCU | +14.5% |
| 1983 | 7.45 billion current LCU | -0.0% |
| 1984 | 8.35 billion current LCU | +12.0% |
| 1985 | 10.46 billion current LCU | +25.3% |
| 1986 | 12.27 billion current LCU | +17.2% |
| 1987 | 13.59 billion current LCU | +10.8% |
| 1988 | 14.46 billion current LCU | +6.4% |
| 2001 | 22.98 billion current LCU | +59.0% |
| 2002 | 23.60 billion current LCU | +2.7% |
| 2003 | 26.36 billion current LCU | +11.7% |
| 2004 | 28.16 billion current LCU | +6.8% |
| 2005 | 32.38 billion current LCU | +15.0% |
| 2006 | 37.10 billion current LCU | +14.6% |
| 2007 | 37.32 billion current LCU | +0.6% |
| 2008 | 40.89 billion current LCU | +9.6% |
| 2009 | 38.76 billion current LCU | -5.2% |
| 2010 | 33.66 billion current LCU | -13.2% |
| 2011 | 32.84 billion current LCU | -2.4% |
| 2012 | 35.38 billion current LCU | +7.7% |
| 2013 | 38.16 billion current LCU | +7.9% |
| 2014 | 40.01 billion current LCU | +4.9% |
| 2015 | 43.22 billion current LCU | +8.0% |
| 2016 | 45.79 billion current LCU | +5.9% |
| 2017 | 49.54 billion current LCU | +8.2% |
| 2018 | 52.43 billion current LCU | +5.8% |
| 2019 | 57.56 billion current LCU | +9.8% |
| 2020 | 55.87 billion current LCU | -2.9% |
| 2021 | 65.11 billion current LCU | +16.6% |
| 2022 | 76.41 billion current LCU | +17.3% |
| 2023 | 77.02 billion current LCU | +0.8% |
| 2024 | 84.13 billion current LCU | +9.2% |
New Zealand compared with similar countries
- New Zealand's 84.13 billion current LCU is above the median for high income countries, which is 52.92 billion current LCU, 1.6× the median. (55 countries reporting)
- New Zealand's 84.13 billion current LCU is above the median for East Asia & Pacific, which is 52.92 billion current LCU, 1.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.73 billion current LCU | 1.31 billion current LCU | 4.47 billion current LCU | 8 |
| 1980s | 9.54 billion current LCU | 5.30 billion current LCU | 14.46 billion current LCU | 9 |
| 2000s | 31.95 billion current LCU | 22.98 billion current LCU | 40.89 billion current LCU | 9 |
| 2010s | 42.86 billion current LCU | 32.84 billion current LCU | 57.56 billion current LCU | 10 |
| 2020s | 71.71 billion current LCU | 55.87 billion current LCU | 84.13 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 taxes on income, profits and capital gains in New Zealand?
- Taxes on income, profits and capital gains in New Zealand was 84.13 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in New Zealand?
- The highest recorded value was 84.13 billion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in New Zealand?
- The lowest recorded value was 1.31 billion current LCU in 1972.
- How does New Zealand rank for taxes on income, profits and capital gains?
- New Zealand ranks 79th out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in New Zealand?
- Over the last ten years it is up 110.3%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.