New Zealand Government Net Debt to GDP

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.

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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

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Country	Last		Previous	Range
Japan	238.20	Dec/18	238	238 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.30	Dec/18	68.9	83.23 : 47.94	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%