New Zealand - Public Pension Spending
Since 2014, New Zealand Public Pension Spending was down by 0.6points year on year. In 2019, the country was number 27 among other countries in Public Pension Spending at 4.89 Percent of GDP. New Zealand is overtaken by Netherlands, which was number 26 at 5.55 Percent of GDP and is followed by Canada with 4.8 Percent of GDP. Greece lead the ranking with 18.32 Percent of GDP in 2019, an increase of 2points compared to 2018. Italy, Portugal and France respectively ranked number 2, 3 and 4 in this ranking. South Korea recorded the best 5 years average growth at +3.9points per year, while Ireland witnessed the worst performance at -3.6points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 4.89 |
| 2018 | 4.88 |
| 2017 | 4.84 |
| 2016 | 4.93 |
| 2015 | 4.93 |
Download all data from 1980 to 2019
How does New Zealand rank in Public Pension Spending?
| # | 35 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
18.32 % | 2019 | +1.9 % | +2.2 % | View data | |
| 2 |
#2
Italy
|
16.91 % | 2019 | +0.9 % | +0.8 % | View data | |
| 26 |
#26
Netherlands
|
5.55 % | 2019 | +0.6 % | +0.3 % | View data | |
| 27 |
#27
New Zealand
|
4.89 % | 2019 | +0.1 % | -0.6 % | View data | |
| 28 |
#28
Canada
|
4.79 % | 2019 | +0.7 % | +1.1 % | View data | |