HistoryData

Healthcare Spending: New Zealand

New Zealand's healthcare spending is currently 10.062 % of GDP as of 2024. # New Zealand Healthcare Spending New Zealand allocated 10.

Current (2024)
10.062 % of GDP
-0.7% y/y
Peak (2022)
10.568 % of GDP
Low (2000)
7.47 % of GDP
Source
World Bank World Development Indicators
20002024 · 25 pts

Healthcare SpendingNew Zealand

20002024

Healthcare Spending — New Zealand
7.47% of GDP8.245% of GDP9.019% of GDP9.794% of GDP10.568% of GDP2000201020202024LowPeak
Analysis# New Zealand Healthcare Spending New Zealand allocated 10.062% of its GDP to healthcare in 2024, reflecting sustained investment in the health sector. This figure sits slightly below the all-time peak of 10.568% recorded in 2022 but represents a dramatic 34.7% increase since 2000, when spending stood at just 7.47% of GDP. Over the past quarter-century, healthcare expenditure has grown substantially faster than economic output, signaling growing demand for medical services and aging population pressures. The most striking shift occurred between 2019 and 2022, when spending surged from 8.619% to 10.568%—a jump of nearly two percentage points driven largely by pandemic-related health demands. After peaking in 2022, spending declined modestly through 2024, suggesting either budgetary adjustments or stabilization following extraordinary pandemic expenditures. Current levels indicate New Zealand continues prioritizing healthcare investment at historically elevated levels.

Historical Data

25 Rows
YearValueChange %
202410.062 % of GDP-0.66%
202310.129 % of GDP-4.15%
202210.568 % of GDP+10.65%
20219.551 % of GDP+3.23%
20209.252 % of GDP+7.34%
20198.619 % of GDP+0.57%
20188.57 % of GDP-0.56%
20178.618 % of GDP-1.72%
20168.769 % of GDP-1.35%
20158.889 % of GDP-0.93%
20148.972 % of GDP+0.37%
20138.939 % of GDP-2.86%
20129.202 % of GDP+1.04%
20119.107 % of GDP+0.13%
20109.095 % of GDP-0.45%
20099.136 % of GDP+5.61%
20088.651 % of GDP+3.87%
20078.329 % of GDP-3.58%
20068.638 % of GDP+4.41%
20058.273 % of GDP+4.71%
Show all 25 rows
YearValueChange %
20047.901 % of GDP+2.32%
20037.722 % of GDP-2.25%
20027.9 % of GDP+4.24%
20017.579 % of GDP+1.46%
20007.47 % of GDP

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