Government expenditure on tertiary education, constant PPP$ in New Zealand

New Zealand: Government expenditure on tertiary education, constant PPP$ was 3,321 millions in 2023. ▲ Rising

Latest (2023)
3,321 millions
Change on year
down 3.9%
World rank
49th
of 146 countries
All-time high
3,976 millions
in 2020
All-time low
1,989 millions
in 1994
Years of data
16
1994–2023

Government expenditure on tertiary education, constant PPP$ in New Zealand, 1994–2023

01.0k2.0k3.0k4.0k1994200820231994: 2.0k millions1995: 2.1k millions1996: 2.4k millions1997: 2.3k millions2000: 2.3k millions2013: 3.6k millions2014: 3.7k millions2015: 3.7k millions2016: 3.7k millions2017: 3.6k millions2018: 3.7k millions2019: 3.8k millions2020: 4.0k millions2021: 3.7k millions2022: 3.5k millions2023: 3.3k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant ppp$ in New Zealand is 3,321 millions, measured in 2023.

Compared with earlier readings it is down 3.9% on the previous year and down 8.4% over ten years.

Over the whole period, government expenditure on tertiary education, constant ppp$ in New Zealand peaked at 3,976 millions in 2020 and was at its lowest, 1,989 millions, in 1994.

That places New Zealand 49th out of 146 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Government expenditure on tertiary education, constant PPP$ in New Zealand, year by year

Annual values for Government expenditure on tertiary education, constant PPP$ (millions) in New Zealand, 1994 to 2023.
Year millions Change
1994 1,989 millions
1995 2,114 millions +6.3%
1996 2,367 millions +12.0%
1997 2,331 millions -1.5%
2000 2,323 millions -0.3%
2013 3,626 millions +56.1%
2014 3,704 millions +2.2%
2015 3,743 millions +1.1%
2016 3,677 millions -1.7%
2017 3,627 millions -1.4%
2018 3,704 millions +2.1%
2019 3,750 millions +1.3%
2020 3,976 millions +6.0%
2021 3,736 millions -6.0%
2022 3,454 millions -7.5%
2023 3,321 millions -3.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,200 millions 1,989 millions 2,367 millions 4
2000s 2,323 millions 2,323 millions 2,323 millions 1
2010s 3,690 millions 3,626 millions 3,750 millions 7
2020s 3,622 millions 3,321 millions 3,976 millions 4

Countries ranked near New Zealand

  1. 46 Ethiopia 3,782 millions compare
  2. 47 Israel 3,763 millions compare
  3. 48 Hungary 3,693 millions compare
  4. 50 Kazakhstan 3,031 millions compare
  5. 51 Belarus 3,021 millions compare
  6. 52 Ecuador 2,967 millions compare

See the full ranking of 146 places →

More education data for New Zealand

All data for New Zealand →

Frequently asked questions

What is government expenditure on tertiary education, constant ppp$ in New Zealand?
Government expenditure on tertiary education, constant ppp$ in New Zealand was 3,321 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant ppp$ recorded in New Zealand?
The highest recorded value was 3,976 millions in 2020.
What is the lowest government expenditure on tertiary education, constant ppp$ recorded in New Zealand?
The lowest recorded value was 1,989 millions in 1994.
How does New Zealand rank for government expenditure on tertiary education, constant ppp$?
New Zealand ranks 49th out of 146 countries with data for 2023.
Is government expenditure on tertiary education, constant ppp$ rising or falling in New Zealand?
Over the last ten years it is down 8.4%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant PPP$ in New Zealand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 04 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-ppp-millions-2/new-zealand/

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About this data

Indicator
Government expenditure on tertiary education, constant PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
146 places, 2,483 data points, 1984–2024
Last refreshed

February 2026 Data Release