New Zealand

Fiscal Balance

-1.34
percent of GDP
Dec 72Dec 75Dec 78Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 17Dec 21-10.000-5.0000.0005.00010.00
  • New Zealand
  • Global Median
Source: IMF

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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