New Zealand Government Debt: % of GDP
Key information about New Zealand Government Debt: % of GDP
- New Zealand Government debt accounted for 38.7 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 37.3 % in the previous quarter.
- New Zealand government debt to GDP ratio data is updated quarterly, available from Dec 2006 to Dec 2023.
- The data reached an all-time high of 38.7 % in Mar 2013 and a record low of 16.6 % in Jun 2008.
CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Treasury provides Government Debt in local currency. Statistics New Zealand provides Nominal GDP in local currency.
Related information about New Zealand Government Debt: % of GDP
- In the latest reports, New Zealand National Government Debt reached 99.4 USD bn in Dec 2023.
- The country's Nominal GDP reached 62.0 USD bn in Mar 2023.
View New Zealand's Government Debt: % of GDP from Dec 2006 to Dec 2023 in the chart:
What was New Zealand's Government Debt: % of GDP in Dec 2023?
New Zealand Government debt accounted for 38.7 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 37.3 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
38.7 Dec 2023 | 37.3 Sep 2023 | 16.6 Jun 2008 | 38.7 Mar 2013 | % | quarterly | Dec 2006 - Dec 2023 |
Government Debt: % of GDP by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 61.2 Jun 2023 | quarterly | Sep 2010 - Jun 2023 |
Algeria (%) | 47.6 2022 | yearly | 1997 - 2022 |
Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
Armenia (%) | 50.5 Dec 2023 | quarterly | Dec 2013 - Dec 2023 |
Australia (%) | 38.1 2023 | yearly | 1999 - 2023 |
Austria (%) | 77.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
Bahrain (%) | 93.6 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
Bangladesh (%) | 23.6 2023 | yearly | 2010 - 2023 |
Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
Belgium (%) | 105.2 Dec 2023 | quarterly | Dec 1980 - Dec 2023 |
Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
Bosnia and Herzegovina (%) | 20.7 2022 | yearly | 2007 - 2022 |
Botswana (%) | 17.2 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
Brazil (%) | 74.4 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Bulgaria (%) | 23.1 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Cambodia (%) | 33.7 2022 | yearly | 2013 - 2022 |
Canada (%) | 67.8 2023 | yearly | 1962 - 2023 |
Chile (%) | 39.9 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
China (%) | 22.7 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
Colombia (%) | 59.0 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
Croatia (%) | 67.8 Dec 2022 | quarterly | Dec 1995 - Dec 2022 |
Cyprus (%) | 77.3 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
Czech Republic (%) | 44.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Denmark (%) | 29.3 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Ecuador (%) | 67.0 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
Estonia (%) | 19.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
European Union (%) | 81.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Finland (%) | 75.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
France (%) | 1.1 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Georgia (%) | 39.1 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
Germany (%) | 63.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Ghana (%) | 70.7 2022 | yearly | 2006 - 2022 |
Greece (%) | 161.9 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Hong Kong SAR, China (%) | 50.1 2023 | yearly | 2003 - 2023 |
Hungary (%) | 69.5 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
Iceland (%) | 64.8 2023 | yearly | 1998 - 2023 |
India (%) | 59.0 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
Indonesia (%) | 39.0 Dec 2023 | quarterly | Jun 2015 - Dec 2023 |
Iran (%) | 8.3 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
Ireland (%) | 43.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Israel (%) | 60.3 2023 | yearly | 1995 - 2023 |
Italy (%) | 137.3 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
Japan (%) | 217.3 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
Jordan (%) | 89.2 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
Kazakhstan (%) | 23.1 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
Kenya (%) | 68.3 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
South Korea (%) | 48.9 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
Kuwait (%) | 0.4 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
Kyrgyzstan (%) | 45.6 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Latvia (%) | 43.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 38.3 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Luxembourg (%) | 25.7 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
North Macedonia (%) | 53.1 Dec 2023 | quarterly | Dec 2009 - Dec 2023 |
Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
Malaysia (%) | 64.3 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
Malta (%) | 50.4 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Mauritius (%) | 69.3 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
Mexico (%) | 49.7 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Moldova (%) | 34.9 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
Montenegro (%) | 59.7 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
Morocco (%) | 71.6 2022 | yearly | 1994 - 2022 |
Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
Netherlands (%) | 46.5 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
New Zealand (%) | 38.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Nigeria (%) | 39.8 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
Norway (%) | 44.3 2023 | yearly | 1995 - 2023 |
Oman (%) | 41.2 2022 | yearly | 1990 - 2022 |
Pakistan (%) | 71.6 2022 | yearly | 2000 - 2022 |
Palestinian Territory (%) | 115.0 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
Panama (%) | 56.4 Dec 2023 | quarterly | Dec 2007 - Dec 2023 |
Paraguay (%) | 34.8 Dec 2023 | quarterly | Dec 2014 - Dec 2023 |
Peru (%) | 32.9 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Philippines (%) | 60.1 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
Poland (%) | 49.8 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
Portugal (%) | 99.1 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
Romania (%) | 48.7 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
Russia (%) | 14.9 Dec 2023 | quarterly | Dec 2011 - Dec 2023 |
Saudi Arabia (%) | 26.2 Dec 2023 | quarterly | Dec 2016 - Dec 2023 |
Serbia (%) | 52.0 Dec 2023 | quarterly | Sep 2004 - Dec 2023 |
Singapore (%) | 170.8 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
Slovakia (%) | 56.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
Slovenia (%) | 69.2 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
South Africa (%) | 73.9 Dec 2023 | quarterly | Dec 1960 - Dec 2023 |
Spain (%) | 107.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Sri Lanka (%) | 104.4 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
Sweden (%) | 32.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Switzerland (%) | 25.3 2027 | yearly | 1990 - 2027 |
Taiwan (%) | 29.7 2022 | yearly | 1996 - 2022 |
Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
Thailand (%) | 54.3 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
Turkey (%) | 29.5 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
Ukraine (%) | 79.4 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -0.6 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Consolidated Fiscal Balance (USD mn) | -114.714 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Tax Revenue (USD mn) | 78,682.575 2023 | yearly | 1999 - 2023 |
Tax Revenue: % of GDP (%) | 31.5 2023 | yearly | 1999 - 2023 |
National Government Debt (USD mn) | 99,408.0 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Government Debt: % of GDP (%) | 38.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
Forecast: Government Expenditure (NZD bn) | 202.357 2029 | yearly | 1985 - 2029 |
Forecast: Government Net Debt (NZD bn) | 240.233 2028 | yearly | 1985 - 2028 |
Forecast: Government Revenue (NZD bn) | 198.840 2028 | yearly | 1985 - 2028 |
General Government: ytd: Expenses (NZD mn) | 84,661.000 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
General Government: ytd: Revenue (NZD mn) | 82,119.000 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
General Government: ytd: Borrowings (NZD mn) | 248,109.000 Dec 2023 | quarterly | Jun 2002 - Dec 2023 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.748 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 357.3 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
Total Exports (USD mn) | 3,950.9 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
Total Exports Growth (%) | 3.8 Mar 2024 | monthly | Jan 1952 - Mar 2024 |
Aluminum: Exports (USD th) | 899,348.562 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 148,665.511 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 256,958.049 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 3,593.6 Mar 2024 | monthly | Jan 1960 - Mar 2024 |
Total Imports Growth (%) | -24.8 Mar 2024 | monthly | Jan 1961 - Mar 2024 |
Imports: Medicament (USD th) | 974,970.031 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 727,040.199 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 505.882 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Total Imports from USA (USD mn) | 305.443 Mar 2024 | monthly | Jan 1981 - Mar 2024 |
Total Exports to China (USD mn) | 942.917 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Total Imports from China (USD mn) | 804.018 Mar 2024 | monthly | Jul 1982 - Mar 2024 |
Exports: fob: SITC: Crude Materials (NZD mn) | 711.141 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 307.459 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Exports: fob: SITC: Food & Live Animals (NZD mn) | 3,855.656 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Exports: fob: SITC: Mineral Fuels (NZD mn) | 154.424 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 412.955 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
Exports: fob: Australia (NZD mn) | 779.509 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
Exports: fob: United States (NZD mn) | 831.906 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Exports: fob: Japan (NZD mn) | 299.028 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Exports: fob: United Kingdom (NZD mn) | 163.162 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Exports: fob: China (NZD mn) | 1,702.174 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Exports: fob: Australia: sa (NZD mn) | 758.432 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Exports: fob: China: sa (NZD mn) | 1,550.596 Mar 2024 | monthly | Jul 1981 - Mar 2024 |
Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,475.000 Dec 2023 | quarterly | Mar 1951 - Dec 2023 |
Import Volume Index: sa (Jun2002=1000) | 2,434.000 Dec 2023 | quarterly | Jun 1990 - Dec 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
Household Debt: % of GDP (%) | 91.5 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
Money Supply M1 (USD mn) | 70,687.312 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
Money Supply M2 (USD mn) | 246,307.575 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
M2 Growth (%) | 4.0 Mar 2024 | monthly | Mar 1989 - Mar 2024 |
Foreign Exchange Reserves (USD mn) | 12,882.1 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
Foreign Exchange Reserves: % of GDP (%) | 4.716 Dec 2023 | quarterly | Sep 2005 - Dec 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 3.6 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
Gold Reserves (USD mn) | 0.000 Mar 2024 | monthly | Dec 1950 - Mar 2024 |
Total Deposits (USD mn) | 269,474.870 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
Total Deposits Growth (%) | 3.9 Mar 2024 | monthly | Dec 2017 - Mar 2024 |
Domestic Credit (USD mn) | 356,892.3 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
Domestic Credit Growth (%) | 1.7 Mar 2024 | monthly | Mar 1989 - Mar 2024 |
Credit to Households (USD bn) | 221.186 Sep 2023 | quarterly | Dec 1990 - Sep 2023 |
Credit to Private Non-Financial Sector (USD bn) | 388.325 Sep 2023 | quarterly | Mar 1960 - Sep 2023 |
Household Debt (USD mn) | 223,397.1 Mar 2024 | monthly | Dec 1990 - Mar 2024 |
Total Loans (USD mn) | 335,625.233 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
Total Loans Growth (%) | 2.74 Mar 2024 | monthly | Dec 2017 - Mar 2024 |
Private Debt: % of Nominal GDP (%) | 138.64 Dec 2023 | quarterly | Mar 1988 - Dec 2023 |
Depository Corp: Money Supply: Broad Money (NZD mn) | 411,404.000 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 118,068.000 Mar 2024 | monthly | Dec 2016 - Mar 2024 |
Depository Corp: Domestic Credit (NZD mn) | 596,112.000 Mar 2024 | monthly | Mar 1988 - Mar 2024 |
Official Reserve Assets (NZD mn) | 27,116.973 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 17,259.191 Mar 2024 | monthly | Sep 2005 - Mar 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -7.4 May 2023 | monthly | Aug 2003 - May 2023 |
House Price Inflation: Net Percent Expecting (%) | 57.800 Mar 2024 | quarterly | Jun 2011 - Mar 2024 |
House Price Inflation: Net Percent Expecting Higher (%) | -51.200 Mar 2024 | quarterly | Mar 2022 - Mar 2024 |
Performance Manufacturing Index (NA) | 46.400 Mar 2024 | monthly | Aug 2002 - Mar 2024 |
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 18.600 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
Business Outlook Survey: Retail: Business Confidence Index (Point) | 11.900 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
Business Outlook Survey: Service: Business Confidence Index (Point) | 17.200 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
Business Outlook Survey: All Industries: Business Confidence Index (Point) | 14.900 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
Business Outlook Survey: Construction: Business Confidence Index (Point) | 15.000 Apr 2024 | monthly | Feb 1991 - Apr 2024 |
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