New Zealand Government Net Debt to GDP

New Zealand recorded a government debt equivalent to 22.20 percent of the country's GDP in the 2016-17 fiscal year, which ended in June 2017. Government Debt to GDP in New Zealand averaged 23.81 percent from 1972 until 2017, 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 21.50 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 21.00 percent in 2020, according to our econometric models.

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New Zealand Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	22.20	24.40	54.80	4.40	percent	[+]
Government Budget	1.50	0.70	4.50	-8.90	percent of GDP	[+]
Government Budget Value	4069.00	1831.00	7091.00	-18396.00	NZD Million	[+]
Government Spending	11294.00	11419.00	11419.00	5485.00	NZD Million	[+]
Government Revenues	109973.00	104227.00	109973.00	23033.00	NZD Million	[+]
Fiscal Expenditure	104014.00	99812.00	104014.00	25381.00	NZD Million	[+]
Government Debt	59480.00	61880.00	61880.00	405.00	NZD Million	[+]
Credit Rating	89.64					[+]
Military Expenditure	2225.60	2093.40	2249.80	1007.40	USD Million	[+]
Asylum Applications	23.00	10.00	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 January of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	22.20	24.40	54.80	4.40	1972 - 2017	percent	Yearly

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	131.80	Dec/17	132	132 : 90.5	%
Singapore	110.60	Dec/17	112	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
Spain	98.30	Dec/17	99	100 : 16.6	%
France	97.00	Dec/17	96.6	97 : 20.7	%
Canada	89.60	Dec/17	92.4	101 : 45.1	%
Euro Area	86.70	Dec/17	89	91.9 : 64.9	%
United Kingdom	85.30	Dec/17	82.6	85.3 : 21.7	%
Brazil	74.04	Dec/17	69.95	74.04 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	63.90	Dec/17	67.9	81 : 54.7	%
Argentina	57.10	Dec/17	53.3	167 : 34.5	%
Netherlands	56.70	Dec/17	61.8	73.5 : 42.7	%
South Africa	53.10	Dec/17	51.6	53.1 : 27.8	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.40	Dec/17	48.2	48.2 : 17.1	%
Australia	41.90	Dec/17	41	41.9 : 9.7	%
South Korea	38.00	Dec/17	38.3	38.3 : 8.24	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Indonesia	28.70	Dec/17	27.9	87.43 : 22.96	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	17.20	Dec/17	13.1	104 : 1.6	%
Russia	12.60	Dec/17	12.9	92.1 : 7.4	%