Initial government funding per tertiary student as a percentage of in New Zealand

New Zealand: Initial government funding per tertiary student as a percentage of was 24.4% in 2023. ▼ Falling

Latest (2023)
24.4%
Change on year
down 1.6%
World rank
64th
of 120 countries
All-time high
30.2%
in 2020
All-time low
24.4%
in 2023
Years of data
12
2000–2023

Initial government funding per tertiary student as a percentage of in New Zealand, 2000–2023

01020302000201120232000: 28.22013: 28.62014: 27.82015: 26.42016: 25.62017: 25.72018: 26.82019: 26.82020: 30.22021: 26.52022: 24.82023: 24.4

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for initial government funding per tertiary student as a percentage of in New Zealand is 24.4%, measured in 2023. That is the lowest value across all 12 years on record.

That represents a change of down 1.6% on the previous year and down 14.6% over ten years.

Over the whole period, initial government funding per tertiary student as a percentage of in New Zealand peaked at 30.2% in 2020 and was at its lowest, 24.4%, in 2023.

New Zealand ranks 64th of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 12 years of available data.

Initial government funding per tertiary student as a percentage of in New Zealand, year by year

Annual values for Initial government funding per tertiary student as a percentage of GDP per capita in New Zealand, 2000 to 2023.
Year Value Change
2000 28.2%
2013 28.6% +1.3%
2014 27.8% -2.6%
2015 26.4% -5.2%
2016 25.6% -3.1%
2017 25.7% +0.3%
2018 26.8% +4.6%
2019 26.8% -0.2%
2020 30.2% +12.9%
2021 26.5% -12.4%
2022 24.8% -6.4%
2023 24.4% -1.6%

New Zealand compared with similar countries

  • New Zealand's 24.4% is above the median for high income countries, which is 24.4%, 1.0× the median. (51 countries reporting)
  • New Zealand's 24.4% is above the median for East Asia & Pacific, which is 18.1%, 1.3× the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 28.2% 28.2% 28.2% 1
2010s 26.8% 25.6% 28.6% 7
2020s 26.5% 24.4% 30.2% 4

Countries ranked near New Zealand

  1. 61 France 25.4% compare
  2. 62 Saint Lucia 24.9% compare
  3. 63 Czechia 24.8% compare
  4. 65 Turkmenistan 24.4% compare
  5. 66 Romania 24.2% compare
  6. 67 Italy 23.6% compare

See the full ranking of 120 places →

More education data for New Zealand

All data for New Zealand →

Frequently asked questions

What is initial government funding per tertiary student as a percentage of in New Zealand?
Initial government funding per tertiary student as a percentage of in New Zealand was 24.4% in 2023, according to UNESCO Institute for Statistics.
What is the highest initial government funding per tertiary student as a percentage of recorded in New Zealand?
The highest recorded value was 30.2% in 2020.
What is the lowest initial government funding per tertiary student as a percentage of recorded in New Zealand?
The lowest recorded value was 24.4% in 2023.
How does New Zealand rank for initial government funding per tertiary student as a percentage of?
New Zealand ranks 64th out of 120 countries with data for 2023.
Is initial government funding per tertiary student as a percentage of rising or falling in New Zealand?
Over the last ten years it is down 14.6%. The long-run trend across the full record is falling.
Where does this New Zealand data come from?
The figures come from UNESCO Institute for Statistics, published as part of Initial government funding per tertiary student as a percentage of GDP per capita. Statizoid updates them automatically from the source API.

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Initial government funding per tertiary student as a percentage of in New Zealand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 13 September 2026, from https://education.statizoid.com/stat/initial-government-funding-per-tertiary-student-as-a-percentage-of-gdp-per-capita-2/new-zealand/

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About this data

Indicator
Initial government funding per tertiary student as a percentage of GDP per capita
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
120 places, 1,713 data points, 1970–2024
Last refreshed

February 2026 Data Release