NZ inNumbers

How much does the government spend?

$141.7 billion

Government spending were $141.7 billion (The Treasury (New Zealand), 2024/25).

Updated

Expenses of the core Crown on an accrual basis from 1994. Treasury notes these include items such as depreciation on physical assets but not capital spending.

Excludes capital spending (e.g. building a hospital is not an expense in the year it is built; depreciation is). Before 1994 the comparable measure is cash "financial net expenditure", which is not directly comparable.

Dividing a national total by population puts it on a human scale. Spending per person is an average across the country; the amount spent on each person varies with their circumstances.

Read the period beside each number before comparing it with another figure. A monthly observation, a quarterly result and a financial year cover different spans of time. The latest release can also revise earlier observations. The chart and downloads keep the published periods so you can check which figures are being compared. A change in spending describes what happened during that period; it does not by itself explain why it happened or identify the effect of a government policy. Definitions and coverage matter as much as the size of a change.

Government spending was $138,998 million in 2023/24, a year earlier.

The earliest observation on the same basis was $44,660 million in 2004/05.

Spending: definitions

Expenses of the core Crown on an accrual basis from 1994. Treasury notes these include items such as depreciation on physical assets but not capital spending.

  • Excludes capital spending (e.g. building a hospital is not an expense in the year it is built; depreciation is).
  • Before 1994 the comparable measure is cash "financial net expenditure", which is not directly comparable.
  • Accounting basis changes in 1997 (IFRS), 2005 (PBE restatement) and 2019/2020 (new PBE standards).
Core Crown expenses. Core Crown expenses, 1993/94 to 2024/25, latest $141,675 million.050,000100,000150,000New accounting basis, 1996/97New accounting basis, 2004/051993/942024/25
Show the figures
PeriodCore Crown expenses ($m)
2024/25$141,675 million
2023/24$138,998 million
2022/23$127,574 million
2021/22$125,641 million
2020/21$107,764 million
2019/20$108,832 million
2018/19$86,959 million
2017/18$80,576 million
2016/17$76,339 million
2015/16$73,929 million
2014/15$72,363 million
2013/14$71,174 million
2012/13$69,962 million
2011/12$68,939 million
2010/11$70,099 million
2009/10$63,554 million
2008/09$63,711 million
2007/08$56,753 million
2006/07$53,764 million
2005/06$49,084 million
Full data: core crown expenses
Core Crown expenses. Core Crown expenses: $141,675 million in 2024/25.

Fiscal years. Year ended 31 March to 1989, year ended 30 June from 1990 (the April–June 1989 quarter falls between the two).. Source: The Treasury (New Zealand). Lines break at basis changes and missing periods.

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Spending: questions for your AI

Download the data, attach it in your assistant, then paste the prompt.

The attached CSV is government spending, from The Treasury (New Zealand). Answer: How much does the government spend? Name the unit and period. Use only directly supported observations. Definitions: Expenses of the core Crown on an accrual basis from 1994. Treasury notes these include items such as depreciation on physical assets but not capital spending. Limits: Excludes capital spending (e.g. building a hospital is not an expense in the year it is built; depreciation is). Before 1994 the comparable measure is cash "financial net expenditure", which is not directly comparable. Accounting basis changes in 1997 (IFRS), 2005 (PBE restatement) and 2019/2020 (new PBE standards).

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Spending: sources

The source publication, licence and snapshot used to build this page.

Organisation
The Treasury (New Zealand), Fiscal Time Series – Historical Fiscal Indicators
Licence
Creative Commons Attribution 4.0 International (CC BY 4.0). Source: The Treasury, Fiscal Time Series – Historical Fiscal Indicators, licensed under CC BY 4.0. Figures transformed and calculated by NZ in Numbers.
Reuse limits
Treasury logos, emblems, trade marks and website design are not covered and must not be reused.
Snapshot
data/raw/treasury-hfi/2026-10-10_de59f9028a81.xlsx
SHA256
de59f9028a81a697ee66eea04861edfd8e2c3a7e472b3b8798d976951964f70f
Retrieved
10 October 2026