New Zealand - Tax revenue

Tax revenue (current LCU)

The value for Tax revenue (current LCU) in New Zealand was 91,009,500,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 91,009,500,000 in 2019 and a minimum value of 1,926,000,000 in 1972.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 1,926,000,000
1973 2,397,000,000
1974 2,867,000,000
1975 3,186,000,000
1976 3,848,000,000
1977 4,631,000,000
1978 5,002,000,000
1979 6,034,000,000
1980 7,063,000,000
1981 8,814,000,000
1982 10,122,000,000
1983 10,470,000,000
1984 11,975,000,000
1985 14,327,000,000
1986 17,492,000,000
1987 21,686,000,000
1988 22,935,000,000
2001 36,757,100,000
2002 38,131,930,000
2003 42,264,150,000
2004 45,220,770,000
2005 49,390,940,000
2006 55,017,000,000
2007 56,207,000,000
2008 59,711,000,000
2009 57,681,030,000
2010 53,178,610,000
2011 54,677,620,000
2012 58,526,430,000
2013 62,193,210,000
2014 65,165,930,000
2015 70,008,700,000
2016 74,018,500,000
2017 79,457,900,000
2018 84,142,960,000
2019 91,009,500,000

Tax revenue (% of GDP)

Tax revenue (% of GDP) in New Zealand was 28.16 as of 2019. Its highest value over the past 47 years was 33.25 in 1987, while its lowest value was 24.47 in 1972.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1972 24.47
1973 26.05
1974 28.36
1975 27.98
1976 27.56
1977 29.60
1978 28.21
1979 29.16
1980 29.32
1981 30.05
1982 30.51
1983 28.31
1984 28.66
1985 29.69
1986 30.18
1987 33.25
1988 32.70
2001 28.56
2002 28.21
2003 29.25
2004 29.26
2005 30.31
2006 31.99
2007 30.11
2008 31.53
2009 29.69
2010 26.15
2011 25.67
2012 26.91
2013 26.72
2014 26.85
2015 27.42
2016 27.27
2017 27.28
2018 27.43
2019 28.16

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance