New Zealand Total Debt: % of GDP

2006 - 2021 | Yearly | % | CEIC Data

Key information about New Zealand Total Debt: % of GDP

  • New Zealand Total Debt accounted for 621.4 % of the country's GDP in 2021, compared with the ratio of 637.8 % in the previous year.
  • New Zealand Total Debt: % of GDP data is updated yearly, available from Dec 2006 to Dec 2021.
  • The data reached an all-time high of 679.3 % in Dec 2010 and a record low of 571.8 % in Dec 2017.

CEIC shifts year-end for annual Total Debt as % of Nominal GDP. CEIC calculates annual Total Debt as % of Nominal GDP from annual Total Debt and quarterly Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity and Investment Fund Shares and Financial Derivatives. Statistics New Zealand provides Total Debt in local currency. Statistics New Zealand provides Nominal GDP in local currency. Total Debt is reported in annual frequency, ending in March of each year.

View New Zealand's Total Debt: % of GDP from 2006 to 2021 in the chart:

New Zealand Total Debt: % of GDP

What was New Zealand's Total Debt: % of GDP in 2021?

New Zealand Total Debt accounted for 621.4 % of the country's GDP in 2021, compared with the ratio of 637.8 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
621.4 2021 637.8 2020 571.8 2017 679.3 2010 % yearly 2006 - 2021

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 261.1 Mar 2024 quarterly Jun 1988 - Mar 2024
Austria (%) 528.9 Mar 2024 quarterly Mar 1999 - Mar 2024
Belgium (%) 702.2 Jun 2024 quarterly Dec 1998 - Jun 2024
Bulgaria (%) 352.7 2023 yearly 1995 - 2023
Canada (%) 935.0 Jun 2024 quarterly Mar 1990 - Jun 2024
Croatia (%) 438.5 Jun 2024 quarterly Mar 2012 - Jun 2024
Cyprus (%) 1,169.5 2022 yearly 1995 - 2022
Czech Republic (%) 389.1 Jun 2024 quarterly Mar 2008 - Jun 2024
Denmark (%) 780.0 2022 yearly 1994 - 2022
Estonia (%) 371.6 Jun 2024 quarterly Dec 2003 - Jun 2024
European Union (%) 719.1 2022 yearly 2001 - 2022
Finland (%) 649.0 2023 yearly 1995 - 2023
France (%) 927.4 Mar 2024 quarterly Mar 1996 - Mar 2024
Germany (%) 601.9 Jun 2024 quarterly Mar 1999 - Jun 2024
Greece (%) 551.6 Jun 2024 quarterly Dec 1997 - Jun 2024
Hungary (%) 438.5 Jun 2024 quarterly Dec 1995 - Jun 2024
Iceland (%) 690.6 2022 yearly 2003 - 2022
Ireland (%) 966.4 Mar 2024 quarterly Mar 2002 - Mar 2024
Italy (%) 571.4 Jun 2024 quarterly Dec 1995 - Jun 2024
Japan (%) 1,295.3 Jun 2024 quarterly Jun 1998 - Jun 2024
South Korea (%) 701.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Latvia (%) 337.0 Mar 2024 quarterly Mar 2004 - Mar 2024
Lithuania (%) 305.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Luxembourg (%) 7,301.6 Jun 2024 quarterly Dec 1995 - Jun 2024
North Macedonia (%) 328.5 2023 yearly 2013 - 2023
Malta (%) 1,406.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Mexico (%) 106.2 Jun 2024 quarterly Dec 2000 - Jun 2024
Netherlands (%) 884.5 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (%) 621.4 2021 yearly 2006 - 2021
Norway (%) 607.6 Mar 2024 quarterly Dec 1995 - Mar 2024
Poland (%) 290.4 Jun 2024 quarterly Mar 2004 - Jun 2024
Portugal (%) 468.6 Jun 2024 quarterly Dec 1995 - Jun 2024
Romania (%) 251.1 Mar 2024 quarterly Mar 2007 - Mar 2024
Slovakia (%) 380.3 Jun 2024 quarterly Dec 2012 - Jun 2024
Slovenia (%) 328.6 Jun 2024 quarterly Mar 2004 - Jun 2024
Spain (%) 568.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Sweden (%) 767.7 Jun 2024 quarterly Mar 1996 - Jun 2024
Switzerland (%) 934.5 2023 yearly 1999 - 2023
Taiwan (%) 882.1 2022 yearly 2000 - 2022
Turkey (%) 273.5 Mar 2024 quarterly Dec 2014 - Mar 2024
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 872.3 Jun 2024 quarterly Mar 1987 - Jun 2024
United States (%) 720.2 Jun 2024 quarterly Dec 1951 - Jun 2024

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Jun 2024 quarterly Dec 1999 - Jun 2024
Consolidated Fiscal Balance (USD mn) 5,246.112 Sep 2024 quarterly Mar 1999 - Sep 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) 118,791.5 Sep 2024 quarterly Dec 2006 - Sep 2024
Government Debt: % of GDP (%) 42.6 Jun 2024 quarterly Dec 2006 - Jun 2024
Forecast: Government Expenditure (NZD bn) 194.423 2029 yearly 1985 - 2029
Forecast: Government Net Debt (NZD bn) 236.804 2029 yearly 1985 - 2029
Forecast: Government Revenue (NZD bn) 195.599 2029 yearly 1985 - 2029
General Government: ytd: Revenue (NZD mn) 41,681.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: ytd: Expenses (NZD mn) 45,813.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: ytd: Borrowings (NZD mn) 256,738.000 Sep 2024 quarterly Jun 2002 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.471 2029 yearly 1980 - 2029
Trade Balance (USD mn) -1,312.0 Sep 2024 monthly Jan 1960 - Sep 2024
Total Exports (USD mn) 3,119.1 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports Growth (%) 5.2 Sep 2024 monthly Jan 1952 - Sep 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) 4,431.2 Sep 2024 monthly Jan 1960 - Sep 2024
Total Imports Growth (%) -0.9 Sep 2024 monthly Jan 1961 - Sep 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) 372.945 Sep 2024 monthly Jul 1981 - Sep 2024
Total Imports from USA (USD mn) 605.123 Sep 2024 monthly Jan 1981 - Sep 2024
Total Exports to China (USD mn) 839.029 Sep 2024 monthly Jul 1981 - Sep 2024
Total Imports from China (USD mn) 822.811 Sep 2024 monthly Jul 1982 - Sep 2024
Term Trade Index (Jun2002=1000) 1,393.000 Jun 2024 quarterly Mar 1957 - Jun 2024
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 466.179 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: fob: SITC: Mineral Fuels (NZD mn) 32.306 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: fob: SITC: Crude Materials (NZD mn) 663.638 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 264.307 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: fob: SITC: Food & Live Animals (NZD mn) 2,745.534 Sep 2024 monthly Jan 2002 - Sep 2024
Exports: fob: Australia (NZD mn) 759.454 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: fob: Japan (NZD mn) 243.068 Sep 2024 monthly Jul 1981 - Sep 2024
Exports: fob: China (NZD mn) 1,137.598 Sep 2024 monthly Jul 1981 - Sep 2024
Exports: fob: United States (NZD mn) 599.204 Sep 2024 monthly Jul 1981 - Sep 2024
Exports: fob: United Kingdom (NZD mn) 108.231 Sep 2024 monthly Jul 1981 - Sep 2024
Exports: fob: Australia: sa (NZD mn) 725.819 Sep 2024 monthly Jul 1981 - Sep 2024
Exports: fob: China: sa (NZD mn) 1,348.055 Sep 2024 monthly Jul 1981 - Sep 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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 132.0 Jun 2024 quarterly Jun 2000 - Jun 2024
Current Account Balance (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Current Account Balance: % of GDP (%) -6.9 Jun 2024 quarterly Jun 1987 - Jun 2024
Foreign Direct Investment (USD mn) 1,401.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Direct Investment: % of GDP (%) 2.2 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,164.482 Jun 2024 quarterly Jun 1995 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 8.2 Jun 2024 quarterly Jun 1995 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 837.7 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,326.737 Jun 2024 quarterly Jun 1995 - Jun 2024
External Debt (USD mn) 226,907.8 Jun 2024 quarterly Mar 1993 - Jun 2024
External Debt: % of GDP (%) 88.0 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 78,551.2 Jun 2024 quarterly Jun 2000 - Jun 2024
External Debt: Short Term: % of GDP (%) 29.9 2023 yearly 2000 - 2023
Total Debt: % of GDP (%) 621.4 2021 yearly 2006 - 2021
Forecast: Current Account Balance (USD bn) -11.310 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -125,141.126 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods (NZD mn) -16.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: Services: Debit (NZD mn) 7,711.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 2,315.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Services: Credit (NZD mn) 6,954.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 218.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 1,110.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 6,921.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -2,938.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Capital Account: Debit (NZD mn) 189.000 Jun 2024 quarterly Mar 1997 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 8,532.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods: Credit (NZD mn) 19,467.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 2,843.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods: Debit (NZD mn) 19,483.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: Services (NZD mn) -757.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Net Errors and Omissions (NZD mn) 1,172.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income (NZD mn) -3,770.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account (NZD mn) 3,794.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities (NZD mn) 7,882.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Capital Account (NZD mn) -140.000 Jun 2024 quarterly Jun 1996 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -856.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,108.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,151.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) 2,856.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Capital Account: Credit (NZD mn) 49.000 Jun 2024 quarterly Jun 1996 - Jun 2024
Balance of Payment: Financial Account: Assets (NZD mn) 4,089.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account (NZD mn) -4,826.000 Jun 2024 quarterly Jun 1971 - Jun 2024
BOP: Current Account: Goods & Services (NZD mn) -774.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 7,920.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -2,616.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 7,419.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa (NZD mn) -7,169.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 20,445.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -501.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 17,829.000 Jun 2024 quarterly Jun 1971 - Jun 2024
IIP: Net (NZD mn) -205,284.000 Jun 2024 quarterly Jun 2000 - Jun 2024
International Investment Position: Liabilities (NZD mn) 591,794.000 Jun 2024 quarterly Jun 2000 - Jun 2024
IIP: Assets (NZD mn) 386,510.000 Jun 2024 quarterly Jun 2000 - Jun 2024
External Debt: Net (NZD mn) -149,667.000 Dec 2018 quarterly Jun 2000 - Dec 2018
Direct Investment Abroad: Stock (NZD mn) 29,490.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: Australia (NZD mn) 14,253.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United Kingdom (NZD mn) 1,090.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United States of America (NZD mn) 8,983.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock (NZD mn) 158,258.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Australia (NZD mn) 84,615.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United Kingdom (NZD mn) 6,388.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United States of America (NZD mn) 9,278.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Netherlands (NZD mn) 3,880.000 2018 yearly 2001 - 2018
Foreign Direct Investment: Stock: Japan (NZD mn) 5,553.000 2018 yearly 2001 - 2018
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) 74,207.851 Sep 2024 monthly Dec 2016 - Sep 2024
Money Supply M2 (USD mn) 265,403.275 Sep 2024 monthly Mar 1988 - Sep 2024
M2 Growth (%) 3.0 Sep 2024 monthly Mar 1989 - Sep 2024
Foreign Exchange Reserves (USD mn) 17,316.3 Sep 2024 monthly Sep 2005 - Sep 2024
Foreign Exchange Reserves: % of GDP (%) 5.764 Jun 2024 quarterly Sep 2005 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 3.8 Sep 2024 monthly Sep 2005 - Sep 2024
Gold Reserves (USD mn) 0.000 Sep 2024 monthly Dec 1950 - Sep 2024
Total Deposits (USD mn) 290,883.909 Sep 2024 monthly Dec 2016 - Sep 2024
Total Deposits Growth (%) 3.2 Sep 2024 monthly Dec 2017 - Sep 2024
Domestic Credit (USD mn) 382,408.7 Sep 2024 monthly Mar 1988 - Sep 2024
Domestic Credit Growth (%) 1.4 Sep 2024 monthly Mar 1989 - Sep 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) 241,301.5 Sep 2024 monthly Dec 1990 - Sep 2024
Total Loans (USD mn) 361,060.799 Sep 2024 monthly Dec 2016 - Sep 2024
Total Loans Growth (%) 2.71 Sep 2024 monthly Dec 2017 - Sep 2024
Private Debt: % of Nominal GDP (%) 137.41 Jun 2024 quarterly Mar 1988 - Jun 2024
Depository Corp: Money Supply: Broad Money (NZD mn) 417,104.000 Sep 2024 monthly Mar 1988 - Sep 2024
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 116,624.000 Sep 2024 monthly Dec 2016 - Sep 2024
Depository Corp: Domestic Credit (NZD mn) 600,988.000 Sep 2024 monthly Mar 1988 - Sep 2024
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 19,148.577 Sep 2024 monthly Sep 2005 - Sep 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) 71.700 Oct 2024 monthly Feb 1991 - Oct 2024
Business Outlook Survey: Construction: Business Confidence Index (Point) 63.200 Oct 2024 monthly Feb 1991 - Oct 2024
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) 66.700 Oct 2024 monthly Feb 1991 - Oct 2024
Business Outlook Survey: All Industries: Business Confidence Index (Point) 65.700 Oct 2024 monthly Feb 1991 - Oct 2024
Business Outlook Survey: Service: Business Confidence Index (Point) 65.500 Oct 2024 monthly Feb 1991 - Oct 2024

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