Key Facts for Taxpayers (Part 1)
New Zealand's nominal GDP
- New Zealand's nominal GDP
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?
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
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