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

New Zealand: Government expenditure on tertiary education, constant US$ was 3,000 millions in 2023. ◆ Volatile

Latest (2023)
3,000 millions
Change on year
down 3.9%
World rank
36th
of 159 countries
All-time high
3,592 millions
in 2020
All-time low
885.31 millions
in 1978
Years of data
32
1973–2023

Government expenditure on tertiary education, constant US$ in New Zealand, 1973–2023

1.0k2.0k3.0k4.0k1973199820231973: 944.8 millions1974: 987.2 millions1975: 1.1k millions1976: 1.3k millions1977: 895.6 millions1978: 885.3 millions1979: 908.5 millions1980: 1.1k millions1981: 1.1k millions1982: 1.1k millions1984: 1.1k millions1985: 960 millions1986: 1.0k millions1987: 1.2k millions1988: 1.4k millions1989: 1.6k millions1994: 1.8k millions1995: 1.9k millions1996: 2.1k millions1997: 2.1k millions2000: 2.1k millions2013: 3.3k millions2014: 3.3k millions2015: 3.4k millions2016: 3.3k millions2017: 3.3k millions2018: 3.3k millions2019: 3.4k millions2020: 3.6k millions2021: 3.4k millions2022: 3.1k millions2023: 3.0k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant us$ in New Zealand is 3,000 millions, measured in 2023.

The figure 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 us$ in New Zealand peaked at 3,592 millions in 2020 and was at its lowest, 885.31 millions, in 1978.

That places New Zealand 36th out of 159 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Government expenditure on tertiary education, constant US$ (millions) in New Zealand, 1973 to 2023.
Year millions Change
1973 944.79 millions
1974 987.18 millions +4.5%
1975 1,088 millions +10.2%
1976 1,300 millions +19.5%
1977 895.57 millions -31.1%
1978 885.31 millions -1.1%
1979 908.47 millions +2.6%
1980 1,090 millions +19.9%
1981 1,115 millions +2.3%
1982 1,126 millions +1.0%
1984 1,059 millions -6.0%
1985 960.05 millions -9.4%
1986 1,010 millions +5.2%
1987 1,153 millions +14.2%
1988 1,383 millions +20.0%
1989 1,599 millions +15.6%
1994 1,797 millions +12.4%
1995 1,910 millions +6.3%
1996 2,139 millions +12.0%
1997 2,106 millions -1.5%
2000 2,099 millions -0.3%
2013 3,276 millions +56.1%
2014 3,346 millions +2.2%
2015 3,382 millions +1.1%
2016 3,322 millions -1.7%
2017 3,277 millions -1.4%
2018 3,346 millions +2.1%
2019 3,388 millions +1.3%
2020 3,592 millions +6.0%
2021 3,375 millions -6.0%
2022 3,121 millions -7.5%
2023 3,000 millions -3.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1,001 millions 885.31 millions 1,300 millions 7
1980s 1,166 millions 960.05 millions 1,599 millions 9
1990s 1,988 millions 1,797 millions 2,139 millions 4
2000s 2,099 millions 2,099 millions 2,099 millions 1
2010s 3,334 millions 3,276 millions 3,388 millions 7
2020s 3,272 millions 3,000 millions 3,592 millions 4

Countries ranked near New Zealand

  1. 33 Hong Kong, China 3,919 millions compare
  2. 34 Algeria 3,841 millions compare
  3. 35 Israel 3,665 millions compare
  4. 37 Ukraine 2,958 millions compare
  5. 38 Puerto Rico 2,816 millions compare
  6. 39 Thailand 2,775 millions compare

See the full ranking of 159 places →

More education data for New Zealand

All data for New Zealand →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in New Zealand?
Government expenditure on tertiary education, constant us$ in New Zealand was 3,000 millions in 2023, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in New Zealand?
The highest recorded value was 3,592 millions in 2020.
What is the lowest government expenditure on tertiary education, constant us$ recorded in New Zealand?
The lowest recorded value was 885.31 millions in 1978.
How does New Zealand rank for government expenditure on tertiary education, constant us$?
New Zealand ranks 36th out of 159 countries with data for 2023.
Is government expenditure on tertiary education, constant us$ 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 volatile.
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 US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant US$ 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-us-millions-2/new-zealand/

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
159 places, 3,551 data points, 1970–2024
Last refreshed

February 2026 Data Release