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 June 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.