New Zealand recorded a government debt equivalent to 19.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in New Zealand averaged 23.70 percent from 1972 until 2018, reaching an all time high of 54.80 percent in 1992 and a record low of 4.40 percent in 1974.

Government Debt to GDP in New Zealand is expected to be 20.00 percent by the end of this quarter, 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 20.00 percent in 2020, according to our econometric models.

New Zealand Government Net Debt to GDP
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New Zealand Government Last Previous Highest Lowest Unit
Government Debt to GDP 19.90 21.70 54.80 4.40 percent [+]
Government Budget 1.90 1.50 4.50 -8.90 percent of GDP [+]
Government Budget Value 5534.00 4069.00 7091.00 -18396.00 NZD Million [+]
Government Spending 11491.00 11428.00 11491.00 5485.00 NZD Million [+]
Government Revenues 109973.00 103422.00 109973.00 23033.00 NZD Million [+]
Fiscal Expenditure 104014.00 99007.00 104014.00 25381.00 NZD Million [+]
Military Expenditure 2307.00 2328.00 2332.00 1044.00 USD Million [+]
Government Debt 57495.00 59480.00 61880.00 405.00 NZD Million [+]
Credit Rating 89.64 [+]
Asylum Applications 32.00 22.00 208.00 0.00 Persons [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
19.90 21.70 54.80 4.40 1972 - 2018 percent Yearly




Country Last Previous
Japan 238.20 Dec/18
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 106.10 Dec/18
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.30 Dec/18
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 50.50 Dec/18
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Turkey 30.40 Dec/18
Indonesia 29.80 Dec/18
Switzerland 27.70 Dec/18
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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