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New Zealand Fiscal Balance
-3.9% GDPas of 2025
New Zealand's fiscal balance stands at -3.9% GDP as of 2025. The indicator has decreased from -0.3% in 2014 to -3.9% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -0.3% GDP | — |
| 2015 | 0.4% GDP | +0.7pp |
| 2016 | 1% GDP | +0.6pp |
| 2017 | 1.4% GDP | +0.4pp |
| 2018 | 1.3% GDP | -0.1pp |
| 2019 | -2.4% GDP | -3.7pp |
| 2020 | -4.2% GDP | -1.8pp |
| 2021 | -3.3% GDP | +0.9pp |
| 2022 | -4% GDP | -0.7pp |
| 2023 | -3.2% GDP | +0.8pp |
| 2024 | -3.2% GDP | 0.0pp |
| 2025 | -3.9% GDP | -0.7pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.