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Government > Spending Stats: compare key data on New Zealand & United States

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • 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 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.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, 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: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT New Zealand United States HISTORY
Compensation of employees > % of expense 24.98%
Ranked 44th. 2 times more than United States
12.08%
Ranked 75th.

Compensation of employees > Current LCU 14.6 billion
Ranked 61st.
399.42 billion
Ranked 14th. 27 times more than New Zealand

Expense > % of GDP 32.93%
Ranked 30th. 27% more than United States
25.94%
Ranked 2nd.

Expense > Current LCU 58.45 billion
Ranked 63th.
3.7 trillion
Ranked 1st. 63 times more than New Zealand

Goods and services expense > % of expense 30.25%
Ranked 13th. 93% more than United States
15.67%
Ranked 32nd.

Goods and services expense > Current LCU 17.68 billion
Ranked 49th.
518.29 billion
Ranked 9th. 29 times more than New Zealand

Interest payments > % of expense 3.86%
Ranked 65th.
7.31%
Ranked 3rd. 89% more than New Zealand

Interest payments > % of revenue 3.42%
Ranked 62nd.
11.93%
Ranked 1st. 3 times more than New Zealand

Interest payments > Current LCU 2.25 billion
Ranked 65th.
270.49 billion
Ranked 1st. 120 times more than New Zealand

Other expense > % of expense 6.71%
Ranked 42nd.
26.91%
Ranked 1st. 4 times more than New Zealand

Other expense > Current LCU 3.92 billion
Ranked 55th.
995.12 billion
Ranked 1st. 254 times more than New Zealand

Subsidies and other transfers > % of expense 37.63%
Ranked 50th.
69.14%
Ranked 1st. 84% more than New Zealand

Subsidies and other transfers > Current LCU 21.99 billion
Ranked 61st.
2.56 trillion
Ranked 1st. 116 times more than New Zealand

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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