New Zealand - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in New Zealand was 12,167,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 17,697,540,000 in 2008 and a minimum value of 152,000,000 in 1972.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 152,000,000
1973 159,000,000
1974 219,000,000
1975 250,000,000
1976 325,000,000
1977 381,000,000
1978 412,000,000
1979 462,000,000
1980 594,000,000
1981 820,000,000
1982 1,036,000,000
1983 1,049,000,000
1984 1,276,000,000
1985 1,423,000,000
1986 1,915,000,000
1987 2,805,000,000
1988 2,398,000,000
2001 12,790,300,000
2002 11,379,540,000
2003 12,532,770,000
2004 12,447,940,000
2005 14,049,840,000
2006 15,798,000,000
2007 17,681,000,000
2008 17,697,540,000
2009 7,739,940,000
2010 8,071,750,000
2011 8,395,320,000
2012 8,427,750,000
2013 8,630,150,000
2014 9,138,940,000
2015 9,333,120,000
2016 9,835,760,000
2017 10,495,600,000
2018 11,066,640,000
2019 12,167,000,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in New Zealand was 12.52 as of 2019. Its highest value over the past 47 years was 31.50 in 2001, while its lowest value was 6.60 in 1979.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 7.45
1973 6.63
1974 7.83
1975 6.99
1976 8.17
1977 7.76
1978 6.80
1979 6.60
1980 7.06
1981 7.72
1982 8.38
1983 7.75
1984 8.22
1985 8.16
1986 8.82
1987 10.47
1988 8.73
2001 31.50
2002 27.40
2003 27.78
2004 26.46
2005 27.83
2006 29.26
2007 30.25
2008 28.63
2009 11.67
2010 11.60
2011 9.83
2012 11.06
2013 11.20
2014 11.64
2015 11.59
2016 11.80
2017 12.07
2018 12.17
2019 12.52

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance