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New Zealand — Health spending
Health Spending (% of GDP) for New Zealand, 2000–2024.
Latest value · 2024
10.06%
Health Spending (% of GDP) · % of GDP · +34.7% since 2000
Health spending for New Zealand was 10.06% in 2024, according to the latest World Bank data. The series covers 25 years, from 2000 to 2024. The highest recorded value was 10.57% in 2022. The lowest was 7.47% in 2000 (about 1.3× the low point). Across that span the compound annual growth rate works out to 1.25% per year.
New Zealand ranks 27 of 189 economies on this measure (1 = highest), putting it in the top 14%. The median for East Asia & Pacific is 5.94%, so New Zealand sits above it. It peaked in 2022 and has fallen 5% since. Over the last decade (2014–2024) the figure moved up 12%.
Key figures
Latest (2024)
10.06%
First (2000)
7.47%
Change
+34.7%
Highest
10.57%
in 2022
Lowest
7.47%
in 2000
Average
8.80%
Annual growth (CAGR)
1.25%
Years of data
25
Recent years
| Year | % of GDP |
|---|---|
| 2024 | 10.06% |
| 2023 | 10.13% |
| 2022 | 10.57% |
| 2021 | 9.55% |
| 2020 | 9.25% |
| 2019 | 8.62% |
| 2018 | 8.57% |
| 2017 | 8.62% |
| 2016 | 8.77% |
| 2015 | 8.89% |
| 2014 | 8.97% |
| 2013 | 8.94% |
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SH.XPD.CHEX.GD.ZS — Health Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.