Key Facts for Taxpayers (Part 1)
New Zealand's nominal GDP
- New Zealand's nominal GDP
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The Budget 2009 forecast of nominal GDP has been updated to reflect historical revisions to GDP made by Statistics New Zealand in late 2009.
New Zealand's overseas debt
- New Zealand's overseas debt
New Zealand's net international investment position - the difference between the value of New Zealand's international assets and liabilities at a particular point in time - (as a percentage of GDP).
Where do core Crown expenses go?
2010/11: $70.7b (34.7% of GDP)
- Where do core Crown expenses go?
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Social security & welfare includes social assistance benefits such as NZ Superannuation, Domestic Purposes and the Unemployment benefit.
Where does core Crown revenue come from?
2010/11: $60.3b (29.6% of GDP)
- 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.
Operating balance before gains and losses
2010/11: -$8.6b (-4.2% of GDP)
- Operating balance before gains and losses
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This shows the difference between total Crown revenue and spending. It does not include gains and losses resulting from changing values of assets and liabilities.
Net Government debt
2010/11: $40.0b (19.6% of GDP)
- Net Government debt
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