Government expenditure on tertiary education, PPP$ in New Zealand

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

Latest (2023)
3,321 millions
Change on year
down 2.4%
World rank
49th
of 148 countries
All-time high
3,565 millions
in 2020
All-time low
982.46 millions
in 1994
Years of data
16
1994–2023

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

1.0k2.0k3.0k4.0k1994200820231994: 982.5 millions1995: 1.1k millions1996: 1.2k millions1997: 1.2k millions2000: 1.3k millions2013: 2.8k millions2014: 2.8k millions2015: 2.9k millions2016: 2.9k millions2017: 3.0k millions2018: 3.1k millions2019: 3.3k millions2020: 3.6k millions2021: 3.4k millions2022: 3.4k millions2023: 3.3k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

New Zealand recorded 3,321 millions for government expenditure on tertiary education, ppp$ in 2023.

That represents a change of down 2.4% on the previous year and up 20.1% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in New Zealand peaked at 3,565 millions in 2020 and was at its lowest, 982.46 millions, in 1994.

That places New Zealand 49th out of 148 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, PPP$ in New Zealand, year by year

Annual values for Government expenditure on tertiary education, PPP$ (millions) in New Zealand, 1994 to 2023.
Year millions Change
1994 982.46 millions
1995 1,058 millions +7.6%
1996 1,197 millions +13.2%
1997 1,214 millions +1.4%
2000 1,269 millions +4.5%
2013 2,765 millions +117.9%
2014 2,847 millions +3.0%
2015 2,851 millions +0.1%
2016 2,938 millions +3.0%
2017 3,023 millions +2.9%
2018 3,058 millions +1.1%
2019 3,268 millions +6.9%
2020 3,565 millions +9.1%
2021 3,405 millions -4.5%
2022 3,404 millions -0.0%
2023 3,321 millions -2.4%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,113 millions 982.46 millions 1,214 millions 4
2000s 1,269 millions 1,269 millions 1,269 millions 1
2010s 2,964 millions 2,765 millions 3,268 millions 7
2020s 3,424 millions 3,321 millions 3,565 millions 4

Countries ranked near New Zealand

  1. 46 Israel 3,730 millions compare
  2. 47 Hungary 3,557 millions compare
  3. 48 Bangladesh 3,536 millions compare
  4. 50 Belarus 3,095 millions compare
  5. 51 Ecuador 3,039 millions compare
  6. 52 Kazakhstan 3,031 millions compare

See the full ranking of 148 places →

More education data for New Zealand

All data for New Zealand →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in New Zealand?
Government expenditure on tertiary education, 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, ppp$ recorded in New Zealand?
The highest recorded value was 3,565 millions in 2020.
What is the lowest government expenditure on tertiary education, ppp$ recorded in New Zealand?
The lowest recorded value was 982.46 millions in 1994.
How does New Zealand rank for government expenditure on tertiary education, ppp$?
New Zealand ranks 49th out of 148 countries with data for 2023.
Is government expenditure on tertiary education, ppp$ rising or falling in New Zealand?
Over the last ten years it is up 20.1%. 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, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, 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-ppp-millions-2/new-zealand/

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 2,498 data points, 1984–2024
Last refreshed

February 2026 Data Release