Home > Fiscal Policy > New Zealand: #1 in Open Budget Index

New Zealand: #1 in Open Budget Index

From The Economist. New Zealand rates as having the highest level of budget transparency. The Open Budget Index measures the amount, level of detail, and timeliness of budget information that is publicly available in 102 countries. Only 24 countries have acceptable levels of budget transparency whilst the remaining 78 provide “insufficient” information; 17 of these provided scant or no budget information. Although transparency has improved since the last survey in 2012, thanks largely to improvements made by countries at the bottom of the index, the average score is still only 45 out of a maximum of 100. New Zealand = 88, South Africa = 87, USA = 81, China = 14

open budget index

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