New Zealand - Expense

Expense (current LCU)

The value for Expense (current LCU) in New Zealand was 97,201,060,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 97,201,060,000 in 2019 and a minimum value of 2,040,000,000 in 1972.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

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

Year Value
1972 2,040,000,000
1973 2,398,000,000
1974 2,797,000,000
1975 3,578,000,000
1976 3,980,000,000
1977 4,910,000,000
1978 6,057,000,000
1979 7,004,000,000
1980 8,419,000,000
1981 10,623,000,000
1982 12,364,000,000
1983 13,532,000,000
1984 15,531,000,000
1985 17,438,000,000
1986 21,715,000,000
1987 26,798,000,000
1988 27,484,000,000
2001 40,610,300,000
2002 41,535,430,000
2003 45,109,680,000
2004 47,042,290,000
2005 50,487,160,000
2006 53,984,000,000
2007 58,448,000,000
2008 61,816,000,000
2009 66,326,750,000
2010 69,609,640,000
2011 85,395,410,000
2012 76,189,090,000
2013 77,036,120,000
2014 78,528,700,000
2015 80,544,230,000
2016 83,383,180,000
2017 86,988,430,000
2018 90,946,140,000
2019 97,201,060,000

Expense (% of GDP)

Expense (% of GDP) in New Zealand was 30.08 as of 2019. Its highest value over the past 47 years was 41.08 in 1987, while its lowest value was 25.91 in 1972.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 25.91
1973 26.06
1974 27.67
1975 31.42
1976 28.50
1977 31.39
1978 34.16
1979 33.84
1980 34.95
1981 36.22
1982 37.27
1983 36.58
1984 37.17
1985 36.14
1986 37.47
1987 41.08
1988 39.19
2001 31.55
2002 30.73
2003 31.22
2004 30.44
2005 30.99
2006 31.39
2007 31.31
2008 32.64
2009 34.14
2010 34.23
2011 40.09
2012 35.03
2013 33.09
2014 32.36
2015 31.54
2016 30.72
2017 29.87
2018 29.65
2019 30.08

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance