New Zealand recorded a government debt equivalent to 19 percent of the country's Gross Domestic Product in 2018/2019 fiscal year.

Government Debt to GDP in New Zealand averaged 23.60 percent from 1972 until 2019, reaching an all time high of 54.80 percent in 1992 and a record low of 4.40 percent in 1974. This page provides - New Zealand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Government Net Debt to GDP - values, historical data and charts - was last updated on October of 2020. source: New Zealand Treasury

Government Debt to GDP in New Zealand is expected to reach 32.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Government Net Debt to GDP is projected to trend around 41.00 percent in 2021 and 47.00 percent in 2022, according to our econometric models.

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New Zealand Government Net Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
19.00 19.60 54.80 4.40 1972 - 2019 percent Yearly

New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.00 19.60 54.80 4.40 percent [+]
Government Budget 2.50 1.90 4.50 -8.90 percent of GDP [+]
Government Budget Value 7508.00 5534.00 7508.00 -18396.00 NZD Million [+]
Government Spending 12736.00 12525.00 12736.00 5489.00 NZD Million [+]
Government Revenues 119293.00 109973.00 119293.00 23033.00 NZD Million [+]
Fiscal Expenditure 111439.00 104014.00 111439.00 25381.00 NZD Million [+]
Government Debt 57736.00 57495.00 61880.00 405.00 NZD Million [+]
Credit Rating 93.00 [+]
Military Expenditure 2307.00 2328.00 2332.00 1044.00 USD Million [+]


New Zealand Government Net Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.