ISSUE #8: Taxes

KPI: Core Crown Tax Revenue as a % of GDP

Source: Treasury

AKA: tax, taxation

Key notes

  1. The y (vertical) axis starts at 24% and not 0%, and ends at 32%. This is a common representation for data like this where 1% shifts add or subtract billions of dollars. A scale from 0-100% hides these insights.
  2. The ‘tax’ issue can mean different things to different people, however, most of us would agree that we’d like to pay less tax or have our taxpayer money spent and invested better. As such, we’ve looked at total taxation for the economy.
  3. Remember that each Labour-led or National-led government has had coalition partners that share the successes, and the failures, with them. A full list of governments for this time range is at the bottom of this page.

Data sources

Data shown:

  • Core Crown Tax Revenue as a % of GDP for June financial years (July-June) under the PBE standard which started in 2005. This ensures consistency in comparisons.

Full data:

  • 2023 Audited Financial Statements = https://www.treasury.govt.nz/publications/year-end/financial-statements-2023

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