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The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in New Zealand decreased by 0.6 percentage points from 32.9% in 2018 to 32.3% in 2019. Between 2018 and 2019 the OECD average decreased from 33.9% to 33.8%.
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The tax wedge for the average single worker in New Zealand increased by 0.4 percentage points from 18.4 in 2018 to 18.8 in 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1).
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This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.