New Zealand External Debt: % of GDP
1993 - 2023 | Yearly | % | CEIC Data
Key information about New Zealand External Debt: % of GDP
- New Zealand External Debt accounted for 88.0 % of the country's Nominal GDP in 2023, compared with the ratio of 87.4 % in the previous year.
- New Zealand External Debt: % of Nominal GDP data is updated yearly, available from Dec 1993 to Dec 2023.
- The data reached an all-time high of 123.5 % in Dec 2008 and a record low of 76.9 % in Dec 1994.
CEIC calculates External Debt as % of Nominal GDP from quarterly External Debt and quarterly Nominal GDP. Statistics New Zealand provides External Debt in local currency based on BPM6 and Nominal GDP in local currency based on SNA 2008. External Debt as % of Nominal GDP prior to 2000 is calculated from External Debt based on BPM5 and Nominal GDP based on SNA 1993.
Related information about New Zealand External Debt: % of GDP
- In the latest reports of New Zealand, Current Account recorded a deficit of 5.2 USD bn in Mar 2023.
- Foreign Direct Investment (FDI) increased by 1.4 USD bn in Jun 2024.
- New Zealand Direct Investment Abroad expanded by 132.0 USD mn in Jun 2024.
- Its Foreign Portfolio Investment increased by 5.2 USD bn in Jun 2024.
- The country's External Debt reached 226,907.8 in Jun 2024.
- The country's Nominal GDP was reported at 62.0 USD bn in Mar 2023.
View New Zealand's External Debt: % of GDP from 1993 to 2023 in the chart:
What was New Zealand's External Debt: % of GDP in 2023?
New Zealand External Debt accounted for 88.0 % of the country's Nominal GDP in 2023, compared with the ratio of 87.4 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 88.0 2023 | 87.4 2022 | 76.9 1994 | 123.5 2008 | % | yearly | 1993 - 2023 |
External Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 45.9 2023 | yearly | 1991 - 2023 |
| Algeria (%) | 1.3 2023 | yearly | 1970 - 2023 |
| Argentina (%) | 45.3 2023 | yearly | 1994 - 2023 |
| Armenia (%) | 64.2 2023 | yearly | 2000 - 2023 |
| Australia (%) | 110.0 2023 | yearly | 1988 - 2023 |
| Austria (%) | 135.0 2023 | yearly | 1997 - 2023 |
| Azerbaijan (%) | 14.9 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Bangladesh (%) | 11.4 2017 | yearly | 1997 - 2017 |
| Belarus (%) | 51.1 Mar 2024 | quarterly | Dec 2000 - Mar 2024 |
| Belgium (%) | 236.1 2023 | yearly | 2007 - 2023 |
| Bolivia (%) | 35.0 2023 | yearly | 2006 - 2023 |
| Bosnia and Herzegovina (%) | 18.1 2023 | yearly | 1999 - 2023 |
| Botswana (%) | 7.3 2023 | yearly | 1995 - 2023 |
| Brazil (%) | 27.9 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 47.6 2023 | yearly | 1999 - 2023 |
| Cambodia (%) | 56.7 2022 | yearly | 2010 - 2022 |
| Canada (%) | 143.7 2023 | yearly | 1990 - 2023 |
| Chile (%) | 71.7 2023 | yearly | 1971 - 2023 |
| China (%) | 13.7 2023 | yearly | 1985 - 2023 |
| Colombia (%) | 53.7 2023 | yearly | 1970 - 2023 |
| Croatia (%) | 73.5 2022 | yearly | 1998 - 2022 |
| Cyprus (%) | 547.9 2023 | yearly | 2004 - 2023 |
| Czech Republic (%) | 61.7 2023 | yearly | 1995 - 2023 |
| Denmark (%) | 132.3 2023 | yearly | 2005 - 2023 |
| Ecuador (%) | 49.6 2023 | yearly | 1970 - 2023 |
| Egypt (%) | 39.8 Mar 2024 | quarterly | Jun 1999 - Mar 2024 |
| Estonia (%) | 89.2 2023 | yearly | 1996 - 2023 |
| European Union (%) | 110.0 2023 | yearly | 2008 - 2023 |
| Finland (%) | 215.3 2023 | yearly | 1991 - 2023 |
| France (%) | 244.9 2023 | yearly | 2004 - 2023 |
| Georgia (%) | 80.2 2023 | yearly | 1999 - 2023 |
| Germany (%) | 146.1 2023 | yearly | 1999 - 2023 |
| Ghana (%) | 39.5 2023 | yearly | 1999 - 2023 |
| Greece (%) | 246.0 2023 | yearly | 2003 - 2023 |
| Hong Kong SAR, China (%) | 481.7 2023 | yearly | 2001 - 2023 |
| Hungary (%) | 128.8 2023 | yearly | 2006 - 2023 |
| Iceland (%) | 72.9 2023 | yearly | 1989 - 2023 |
| India (%) | 18.9 2023 | yearly | 1970 - 2023 |
| Indonesia (%) | 29.8 2023 | yearly | 2003 - 2023 |
| Iran (%) | 0.3 2023 | yearly | 1994 - 2023 |
| Ireland (%) | 556.6 2023 | yearly | 2002 - 2023 |
| Israel (%) | 28.4 2023 | yearly | 1998 - 2023 |
| Italy (%) | 129.0 2022 | yearly | 2002 - 2022 |
| Ivory Coast (%) | 31.4 2021 | yearly | 1994 - 2021 |
| Japan (%) | 107.4 2023 | yearly | 2003 - 2023 |
| Jordan (%) | 80.7 2023 | yearly | 1970 - 2023 |
| Kazakhstan (%) | 60.9 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Kenya (%) | 40.3 2023 | yearly | 2006 - 2023 |
| South Korea (%) | 36.6 2023 | yearly | 1994 - 2023 |
| Kosovo (%) | 39.6 2023 | yearly | 2007 - 2023 |
| Kuwait (%) | 39.4 2023 | yearly | 2014 - 2023 |
| Kyrgyzstan (%) | 72.3 2023 | yearly | 2003 - 2023 |
| Laos (%) | 74.2 2023 | yearly | 1996 - 2023 |
| Latvia (%) | 100.7 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
| Lebanon (%) | 21.2 2021 | yearly | 2007 - 2021 |
| Lithuania (%) | 69.2 2023 | yearly | 1996 - 2023 |
| Luxembourg (%) | 4,321.4 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 83.2 2023 | yearly | 2004 - 2023 |
| Malawi (%) | 60.1 2021 | yearly | 2006 - 2021 |
| Malaysia (%) | 68.2 2023 | yearly | 2009 - 2023 |
| Malta (%) | 854.3 2023 | yearly | 2004 - 2023 |
| Mauritius (%) | 1,315.2 2023 | yearly | 2009 - 2023 |
| Mexico (%) | 33.1 2023 | yearly | 2002 - 2023 |
| Moldova (%) | 63.3 2023 | yearly | 2000 - 2023 |
| Mongolia (%) | 170.1 2023 | yearly | 1992 - 2023 |
| Montenegro (%) | 141.5 2022 | yearly | 2006 - 2022 |
| Morocco (%) | 50.9 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 71.7 2020 | yearly | 1985 - 2020 |
| Myanmar (%) | 16.7 2020 | yearly | 2018 - 2020 |
| Nepal (%) | 17.3 2016 | yearly | 2001 - 2016 |
| Netherlands (%) | 373.8 2023 | yearly | 2003 - 2023 |
| New Zealand (%) | 88.0 2023 | yearly | 1993 - 2023 |
| Nigeria (%) | 11.9 2023 | yearly | 1985 - 2023 |
| Norway (%) | 151.9 2023 | yearly | 2003 - 2023 |
| Pakistan (%) | 37.3 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 12.2 2023 | yearly | 2012 - 2023 |
| Panama (%) | 167.4 2021 | yearly | 2014 - 2021 |
| Paraguay (%) | 55.7 2023 | yearly | 2000 - 2023 |
| Peru (%) | 39.3 2023 | yearly | 1980 - 2023 |
| Philippines (%) | 28.7 2023 | yearly | 1990 - 2023 |
| Poland (%) | 49.6 2023 | yearly | 1995 - 2023 |
| Portugal (%) | 150.4 2023 | yearly | 1996 - 2023 |
| Qatar (%) | 106.1 2018 | yearly | 2000 - 2018 |
| Romania (%) | 51.9 2023 | yearly | 1995 - 2023 |
| Russia (%) | 15.7 2023 | yearly | 1993 - 2023 |
| Serbia (%) | 65.3 2023 | yearly | 2000 - 2023 |
| Singapore (%) | 391.1 2023 | yearly | 2003 - 2023 |
| Slovakia (%) | 96.0 2023 | yearly | 1995 - 2023 |
| Slovenia (%) | 90.4 2023 | yearly | 2001 - 2023 |
| South Africa (%) | 41.5 2023 | yearly | 1985 - 2023 |
| Spain (%) | 163.6 2023 | yearly | 1995 - 2023 |
| Sri Lanka (%) | 75.0 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 202.2 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 168.5 2023 | yearly | 1997 - 2023 |
| Switzerland (%) | 236.4 2023 | yearly | 1999 - 2023 |
| Taiwan (%) | 27.3 2023 | yearly | 1999 - 2023 |
| Tajikistan (%) | 37.7 2021 | yearly | 2000 - 2021 |
| Thailand (%) | 37.4 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Tunisia (%) | 89.7 2023 | yearly | 2002 - 2023 |
| Turkey (%) | 45.2 2023 | yearly | 1989 - 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doNew Zealand Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Mar 2024 | quarterly | Dec 1999 - Mar 2024 |
| Consolidated Fiscal Balance (USD mn) | -2,917.988 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Tax Revenue (USD mn) | 80,859.209 2024 | yearly | 1999 - 2024 |
| Tax Revenue: % of GDP (%) | 30.8 2023 | yearly | 1999 - 2023 |
| National Government Debt (USD mn) | 101,964.3 Mar 2024 | quarterly | Dec 2006 - Mar 2024 |
| Government Debt: % of GDP (%) | 41.5 Mar 2024 | quarterly | Dec 2006 - Mar 2024 |
| 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) | 127,018.000 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| General Government: ytd: Revenue (NZD mn) | 122,253.000 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| General Government: ytd: Borrowings (NZD mn) | 250,825.000 Mar 2024 | quarterly | Jun 2002 - Mar 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.748 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,341.2 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
| Total Exports (USD mn) | 3,024.3 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Total Exports Growth (%) | -0.1 Aug 2024 | monthly | Jan 1952 - Aug 2024 |
| Aluminum: Exports (USD th) | 796,821.124 2023 | yearly | 1995 - 2023 |
| 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) | 4,365.6 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
| Total Imports Growth (%) | -1.0 Aug 2024 | monthly | Jan 1961 - Aug 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) | 438.867 Aug 2024 | monthly | Jul 1981 - Aug 2024 |
| Total Imports from USA (USD mn) | 478.016 Aug 2024 | monthly | Jan 1981 - Aug 2024 |
| Total Exports to China (USD mn) | 788.520 Aug 2024 | monthly | Jul 1981 - Aug 2024 |
| Total Imports from China (USD mn) | 846.686 Aug 2024 | monthly | Jul 1982 - Aug 2024 |
| Term Trade Index (Jun2002=1000) | 1,393.000 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,584.000 Jun 2024 | quarterly | Mar 1951 - Jun 2024 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,441.000 Jun 2024 | quarterly | Jun 1990 - Jun 2024 |
| Import Volume Index (Jun2002=1000) | 2,414.000 Jun 2024 | quarterly | Mar 1949 - Jun 2024 |
| Import Volume Index: sa (Jun2002=1000) | 2,572.000 Jun 2024 | quarterly | Jun 1990 - Jun 2024 |
| Export Value Index (2015=100) | 130.280 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 136.389 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.0 Jun 2024 | quarterly | Dec 1990 - Jun 2024 |
| Money Supply M1 (USD mn) | 72,117.571 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Money Supply M2 (USD mn) | 259,059.230 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| M2 Growth (%) | 2.9 Aug 2024 | monthly | Mar 1989 - Aug 2024 |
| Foreign Exchange Reserves (USD mn) | 16,983.9 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 5.764 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.8 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Gold Reserves (USD mn) | 0.000 Sep 2024 | monthly | Dec 1950 - Sep 2024 |
| Total Deposits (USD mn) | 284,477.278 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Total Deposits Growth (%) | 3.5 Aug 2024 | monthly | Dec 2017 - Aug 2024 |
| Domestic Credit (USD mn) | 372,709.2 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| Domestic Credit Growth (%) | 1.0 Aug 2024 | monthly | Mar 1989 - Aug 2024 |
| Credit to Households (USD bn) | 234.071 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 412.164 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Household Debt (USD mn) | 235,826.5 Aug 2024 | monthly | Dec 1990 - Aug 2024 |
| Total Loans (USD mn) | 353,722.905 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Total Loans Growth (%) | 2.78 Aug 2024 | monthly | Dec 2017 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 137.41 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 115,536.000 Aug 2024 | monthly | Dec 2016 - Aug 2024 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 415,026.000 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| Depository Corp: Domestic Credit (NZD mn) | 597,099.000 Aug 2024 | monthly | Mar 1988 - Aug 2024 |
| Official Reserve Assets (NZD mn) | 32,573.438 Aug 2024 | monthly | Sep 2005 - Aug 2024 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 21,100.345 Aug 2024 | monthly | Sep 2005 - Aug 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 (%) | 64.900 Jun 2024 | quarterly | Jun 2011 - Jun 2024 |
| House Price Inflation: Net Percent Expecting Higher (%) | -47.300 Jun 2024 | quarterly | Mar 2022 - Jun 2024 |
| Performance Manufacturing Index (NA) | 47.800 Sep 2024 | monthly | Aug 2002 - Sep 2024 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 75.400 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 60.900 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 73.900 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 53.600 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 61.000 Sep 2024 | monthly | Feb 1991 - Sep 2024 |
More Indicators for New Zealand
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: Balance of Payments: Trend
BPM6: External Debt
BPM6: International Investment Position
BPM6: International Investment Position: By Instrument
Businesses Registered Statistics
Current Account as % of GDP
Gross Domestic Product: GDP Deflator: Seasonally Adjusted: OECD Member: Annual
Balance of Payments: Capital and Financial Account
BPM6: Balance of Payments
BPM6: Balance of Payments: Detailed Presentation
BPM6: Balance of Payments: Seasonally Adjusted
BPM6: Direct Investment Abroad: by Country
BPM6: Foreign Direct Investment: by Country
BPM6: International Investment Position: Annual
BPM6: International Investment Position: By Sector
Company Statistics
Current Account Balance: Forecast