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. source: New Zealand Treasury

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.


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New Zealand Government Net Debt to GDP

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


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.

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 12161.00 12008.00 12161.00 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 [+]
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 93.00 [+]
Asylum Applications 32.00 22.00 208.00 0.00 Persons [+]