Stacked bar chart showing the changes to the New Zealand budget over time.
Data clarifications
- Budgetary votes are frequently reorganised, so year-to-year comparisons may not always be valid. To compensate for this, various adjustments have been made combining different votes.
- All figures for 2024 and 2025 are projections only.
- Revenue (IRD) includes various tax credits and transfer payments as expenditures.
Data credits
- All expenditure and revenue data has been collected from The Treasury.
- GDP, inflation and population data is from the World Bank.
- GDP, inflation and population projections for 2024 and 2025 are from The Treasury.