Country Profile: New Zealand

Tax to GDP ratio: 34.0%

Aviation: No information available

Financial Transactions Tax (FTT): No tax in place

Oil & Gas Revenues: No information available

Carbon Pricing: Yes – Carbon pricing instrument in place

  • Instruments: National ETS
  • Coverage: 48% of emissions
  • Price: NZ$59 (US$35.11)
  • Revenue: NZ$35 million (US$22 million)
  • Sectors covered: Electricity and heat, Industry, Mining and extractives, Transport, Aviation, Buildings, Agriculture, forestry and fishing fuel use, Waste, LULUCF
  • Offsetting: Not permitted

Source: World Bank

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