Paying taxes: Labor tax and contributions in New Zealand
New Zealand: Paying taxes: Labor tax and contributions was 2.8% in 2019. ▲ Rising
Paying taxes: Labor tax and contributions in New Zealand, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
New Zealand recorded 2.8% for paying taxes: labor tax and contributions in 2019.
Compared with earlier readings it is up 7.7% over ten years.
Over the whole period, paying taxes: labor tax and contributions in New Zealand peaked at 3.7% in 2012 and was at its lowest, 2.4%, in 2005.
New Zealand ranks 173rd of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Labor tax and contributions in New Zealand, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 2.4% | — |
| 2006 | 2.4% | +0.0% |
| 2007 | 2.4% | +0.0% |
| 2008 | 2.4% | +0.0% |
| 2009 | 2.6% | +8.3% |
| 2010 | 3.0% | +15.4% |
| 2011 | 2.9% | -3.3% |
| 2012 | 3.7% | +27.6% |
| 2013 | 3.1% | -16.2% |
| 2014 | 3.0% | -3.2% |
| 2015 | 2.7% | -10.0% |
| 2016 | 2.5% | -7.4% |
| 2017 | 2.8% | +12.0% |
| 2018 | 2.8% | +0.0% |
| 2019 | 2.8% | +0.0% |
New Zealand compared with similar countries
- New Zealand's 2.8% is below the median for high income countries, which is 15.8%, 18% of the median. (62 countries reporting)
- New Zealand's 2.8% is below the median for East Asia & Pacific, which is 8.7%, 32% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.4% | 2.4% | 2.6% | 5 |
| 2010s | 2.9% | 2.5% | 3.7% | 10 |
Countries ranked near New Zealand
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.52 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 42.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 47.53 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2499 (2050)
Frequently asked questions
- What is paying taxes: labor tax and contributions in New Zealand?
- Paying taxes: labor tax and contributions in New Zealand was 2.8% in 2019, according to the World Bank.
- What is the highest paying taxes: labor tax and contributions recorded in New Zealand?
- The highest recorded value was 3.7% in 2012.
- What is the lowest paying taxes: labor tax and contributions recorded in New Zealand?
- The lowest recorded value was 2.4% in 2005.
- How does New Zealand rank for paying taxes: labor tax and contributions?
- New Zealand ranks 173rd out of 190 countries with data for 2019.
- Is paying taxes: labor tax and contributions rising or falling in New Zealand?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from the World Bank, published as part of Paying taxes: Labor tax and contributions (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.