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NZ Who spent more in their last term: Labour or National?

Government spending has been 32.8% of the economy under Luxon's National government, and was 31.2% under Ardern and Hipkins' Labour government.

Updated

Labour under Ardern and Hipkins: 31.2% on average (2017/18 to 2022/23). National under Luxon: 32.8% (2023/24 to 2024/25). By budgets passed, excluding 2023/24: 32.5% under Luxon's National government.

Labour under Ardern and HipkinsNational under Luxon
Labour under Ardern and Hipkins31.2%National under Luxon32.8%0
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Periodgovernment spending, % of GDP (% of GDP)
National under Luxon32.8%
Labour under Ardern and Hipkins31.2%
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Government spending has been 32.8% of the economy under Luxon's National government, and was 31.2% under Ardern and Hipkins' Labour government. Labour under Ardern and Hipkins: 31.2% on average (2017/18 to 2022/23). National under Luxon: 32.8% (2023/24 to 2024/25). By budgets passed, excluding 2023/24: 32.5% under Luxon's National government.

The first National budget followed Labour's final budget, and Labour's years include COVID-19 spending.

The first National budget followed Labour's final budget. Ardern and Hipkins' years include COVID-19 spending.

Source: The Treasury (New Zealand).

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