New Zealand - Taxes on goods and services

Taxes on goods and services (current LCU)

The value for Taxes on goods and services (current LCU) in New Zealand was 30,560,260,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 30,560,260,000 in 2019 and a minimum value of 443,000,000 in 1972.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

Year Value
1972 443,000,000
1973 504,000,000
1974 541,000,000
1975 705,000,000
1976 802,000,000
1977 924,000,000
1978 1,091,000,000
1979 1,267,000,000
1980 1,454,000,000
1981 1,861,000,000
1982 2,205,000,000
1983 2,462,000,000
1984 2,808,000,000
1985 2,979,000,000
1986 4,014,000,000
1987 6,605,000,000
1988 7,098,000,000
2001 12,364,000,000
2002 13,202,700,000
2003 14,422,950,000
2004 15,537,820,000
2005 16,065,690,000
2006 16,835,000,000
2007 17,048,000,000
2008 16,475,630,000
2009 16,980,250,000
2010 17,589,920,000
2011 19,880,040,000
2012 21,076,930,000
2013 21,938,570,000
2014 22,942,330,000
2015 24,340,590,000
2016 25,733,240,000
2017 27,305,140,000
2018 28,902,270,000
2019 30,560,260,000

Taxes on goods and services (% of revenue)

Taxes on goods and services (% of revenue) in New Zealand was 28.76 as of 2019. Its highest value over the past 47 years was 29.38 in 2018, while its lowest value was 17.33 in 1974.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
1972 20.69
1973 19.19
1974 17.33
1975 20.17
1976 18.75
1977 17.94
1978 19.32
1979 18.57
1980 18.47
1981 19.09
1982 19.68
1983 21.02
1984 20.52
1985 17.64
1986 19.41
1987 24.85
1988 26.31
2001 28.94
2002 29.22
2003 28.97
2004 29.09
2005 27.26
2006 26.40
2007 25.89
2008 23.96
2009 24.53
2010 26.63
2011 27.50
2012 29.16
2013 28.93
2014 28.85
2015 29.03
2016 29.16
2017 29.11
2018 29.38
2019 28.76

Taxes on goods and services (% value added of industry and services)

Taxes on goods and services (% value added of industry and services) in New Zealand was 10.97 as of 2018. Its highest value over the past 46 years was 11.63 in 1987, while its lowest value was 5.93 in 1974.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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

See also:

Year Value
1972 6.58
1973 6.33
1974 5.93
1975 6.97
1976 6.53
1977 6.60
1978 6.84
1979 7.00
1980 6.79
1981 7.04
1982 7.26
1983 7.30
1984 7.46
1985 6.76
1986 7.68
1987 11.63
1988 11.55
2001 11.27
2002 11.22
2003 11.45
2004 11.50
2005 11.17
2006 11.21
2007 10.57
2008 9.93
2009 10.05
2010 10.11
2011 10.93
2012 11.27
2013 11.12
2014 10.88
2015 10.94
2016 11.05
2017 10.95
2018 10.97

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance