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Country finance

New Zealand

East Asia & Pacific · OECD

Data checked 28 Oct 2026 · next scheduled check 1 Jan 2027 · UN World Population Prospects (via World Bank) released 1 Jul 2026 · World Bank WDI released 8 Oct 2026

Total spending · 2024

41.9%

+0.2 pts since 1995

Welfare · 2024

12.3%

-0.0 pts since 2009

Healthcare · 2024

Not available

Defence · 2024

1.16%

-0.7 pts since 1995

Education · 2024

Not available

Debt interest · 2024

Not available

Gross debt · 2025

54.7%

of GDP · +11 pts since 1995

Population · 2025

5.3m

45.0% since 1995

Public-sector employment

Not available: no official public-sector employment series is loaded for New Zealand yet.

Not available: COFOG debt transactions (01.7). No matching official observation was found in the sources checked; narrower-sector or differently defined figures are not substituted.

Welfare fell from 12.3% to 10.1% of GDP between 2009 and 2018, then rose to 12.6% by 2025.

Healthcare rose from 5.6% to 7.9% of GDP between 2000 and 2023.

Defence fell from 1.8% to 1.1% of GDP between 1995 and 2025.

Education rose from 5.7% to 6.6% of GDP between 1995 and 1999, then fell to 5.2% by 2023.

Total spending fell from 41.6% to 35.6% of GDP between 1995 and 2017, then rose to 41.9% by 2024.

Gross debt fell from 43.5% to 16.3% of GDP between 1995 and 2007, then rose to 54.7% by 2025.

Population grew from 3.7 million in 1995 to 5.3 million in 2025; the UN projects 5.8 million by 2050.

Every figure comes from official statistics: the national office's own COFOG submission (via Eurostat or the OECD) first, then the IMF, the World Bank and the UN. COFOG covers general government (central, state and local together). A dashed vertical mark on a line is a series break, where the source changes. Euro-area history is in euro-fixed terms.