New Zealand Government Budget ValueNew Zealand Government Budget ValueNew Zealand Government Budget Value

New Zealand Government Budget Value

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪7.43 B‬NZD on Dec 31, 2019
Lowest
‪−23.06 B‬NZD on Dec 31, 2020

About New Zealand Government Budget Value


Category
Government
Source
Frequency
Annual
Units
NZD
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In New Zealand, the government budget refers to the Total Crown operating balance before gains and losses (OBEGAL).