The Treasury

Global Navigation

Personal tools

Government
Publication

Budget 2009 Home Page Key Facts for Taxpayers

Key Facts for Taxpayers (Part 2)

New Zealand’s nominal GDP

New Zealand's nominal GDP
New Zealand's nominal GDP.

Consensus forecasts of trading partner growth fall over time

Consensus forecasts of trading partner growth fall over time
Consensus forecasts of trading partner growth fall over time.

Consensus forecasts for 2009 growth of New Zealand's trading partners. The annual average percentage change in real production GDP for the 2009 calendar year is presented above.

Where do core Crown expenses go?

2009/10: $65.3b (37.3% of GDP)

Where do core Crown expenses go?
Where do core Crown expenses go?

Social security & welfare includes New Zealand Superannuation, the Accommodation Supplement and the Domestic Purposes, Unemployment, Sickness & Invalid's benefits.

Where does core Crown revenue come from?

2009/10: $56.8b (32.4% of GDP)

Where does core Crown revenue come from?
Where does core Crown revenue come from?.

Expenses and revenue are on a core Crown basis and so exclude Crown entities and state-owned enterprises.

Core Crown expenditure excluding losses

Core Crown expenditure excluding losses
Core Crown expenditure excluding losses.

Line represents total core Crown expenditure as a % of GDP shown on right-hand axis.

Core Crown revenue

Core Crown revenue
Core Crown revenue.

Line represents total core Crown revenue as a % of GDP shown on right-hand axis.

Operating balance before gains and losses

2009/10: -$7.6b (-4.3% of GDP)

Operating balance before gains and losses
Operating balance before gains and losses.

Net Debt

2009/10: $27.3b (15.6% of GDP)

Net Debt
Net Debt.

The no policy response projections are based on policies as at the 2008 Pre-Election Update, and the economic outlook of the 2009 Budget Update.

Page top