Budget 2014 - Summary of all spending plans

Budget 2014 - Summary of all spending plans

This table outlines the New Zealand Government's planned spending for the 2014/15 budget year.

Actual spending for the previous four years is on the left.

The numbers are drawn together from data released by the Minister of Finance on May 15, 2014.

Links to the primary sources used, from Treasury's website, can be found at the bottom of the page.

Click on any heading to drill down to what makes up these numbers. Figures for each allocation are in millions of NZ$.

Actual
2010/11
Actual
2011/12
Actual
2012/13
Interim
2013/14
  Budget
2014/15
%
NZ$m NZ$m NZ$m NZ$m   NZ$m  
 123.7 120.8      Industrial relations    
    158.5   Veterans Affairs - Defence    
1,072.5 1,019.7   131.8 Industry 131.0 0.2%
    1,449.1 129.0 Labour 138.8 0.2%
1,577.2 945.2 235.0 201.8  Energy 183.0 0.2%
 215.9 208.1   217.3  Immigration 239.2 0.3%
219.2 218.2 214.4 227.6  Special Interests 247.6 0.3%
272.0 179.7 343.5 328.0  Communications 282.1 0.3%
489.5 380.4 398.1 383.5  Arts & Culture 366.0 0.4%
    663.4 372.5  Economic Development 369.5 0.4%
1,618.2 1,019.9 1,085.3 1,052.8  Housing 406.0 0.5%
412.8 457.7 498.7 643.3  Treaty of Waitangi 420.7 0.5%
    900.6 612.2  Primary Industry 628.3 0.7%
  618.0 2,286.1 779.8  Cant. Earthquake Authority 570.4 0.7%
789.1 776.5 800.3 798.8  Science & Research 966.6 1.1%
997.0 1,013.7 940.0 997.3  Foreign Policy 1,050.2 1.2%
1,157.4 1.275.5 1,070.9 1,063.5  Government 1,053.5 1.2%
897.0 887.7 947.7 954.2  Environment 1,087.9 1.3%
1,197.1 1,190.0 1,165.2 1,399.1  Justice 1,347.3 1.6%
3,007.3 2,882.2 2,983.0 3,169.7  Law & Order 3,073.7 3.6%
3,078.5 3,039.0 2,825.4 3,269.7  Defence 3,825.4 4.5%
3,479.1 3,911.4 3,726.9 3,613.4  Transport 4,518.7 5.3%
13,568.4 10,841.7 11,559.5 11,727.1  Customs, Finance & Tfr's 11,524.6 13.5%
12,078.8 12,028.1 12,406.6 12,800.4  Education 13,182.6 15.4%
13,329.3 13,613.0 13,983.1 14,570.9  Health 15,647.1 18.3%
22,807.0 22,872.6 21,522.8 23,268.9  Social Welfare 24,288.4 28.3%
======  ======  ====== ======  =================  ======  ------ 
$78,944.4 $79,499.1 $82,163.9 $82,712.6  Total Expenditure $85,548.6 100.0
$200,234  $208,467 $213,844 $223,217  GDP (nominal, per RBNZ) $229,020.6 E
39.4% 38.1% 38.4% 37.1%  Govt spending - % of GDP 37.4%
and this compares with taxes collected as follows:          
$58,595.3 $61,732.4 $66,248.2 $69,512.5  Total tax collected $73,936.2  
        (click on this link for details)    
             
Not all the difference between tax collected and expenditure needs to be borrowed. The Crown has other sources of revenue than tax. The biggest single reason is that significant portions of National Super payments are pre-funded in the Super Fund.

Sources: You can download the data behind these tables from the NZ Government website here »

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