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Economy > Government spending Stats: compare key data on New Zealand & United Kingdom

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Definitions

  • Goods and services expense > % of expense: Goods and services expense (% of expense). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU per capita: Goods and services expense (current LCU). Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Figures expressed per capita for the same year.
  • Subsidies and other transfers > Current LCU: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.
  • Subsidies and other transfers > Current LCU per capita: Subsidies and other transfers (current LCU). Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind. Figures expressed per capita for the same year.
STAT New Zealand United Kingdom HISTORY
Goods and services expense > % of expense 36.47%
Ranked 5th. 2 times more than United Kingdom
17.66%
Ranked 31st.

Goods and services expense > Current LCU 31.38 billion
Ranked 52nd.
118.59 billion
Ranked 30th. 4 times more than New Zealand

Goods and services expense > Current LCU per capita 7,123.53
Ranked 35th. 4 times more than United Kingdom
1,889.89
Ranked 52nd.

Subsidies and other transfers > Current LCU 29.77 billion
Ranked 67th.
361.03 billion
Ranked 34th. 12 times more than New Zealand

Subsidies and other transfers > Current LCU per capita 6,756.79
Ranked 51st. 17% more than United Kingdom
5,753.21
Ranked 56th.

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.

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