Overview
Discussions Key data points
Last release
—
Observation period
2023
Next release
—
Forecast
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Highest
7.43 B NZD on Dec 31, 2019
Lowest
−23.06 B NZD on Dec 31, 2020
About New Zealand Government Budget Value
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).