New Zealand Total Debt: % of GDP

2006 - 2022 | Yearly | % | CEIC Data

Key information about New Zealand Total Debt: % of GDP

  • New Zealand Total Debt accounted for 594.1 % of the country's GDP in 2022, compared with the ratio of 621.3 % in the previous year.
  • New Zealand Total Debt: % of GDP data is updated yearly, available from Dec 2006 to Dec 2022.
  • The data reached an all-time high of 677.6 % in Dec 2010 and a record low of 570.9 % 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. Stats NZ provides Total Debt and Nonimal 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 2022 in the chart:

New Zealand Total Debt: % of GDP

What was New Zealand's Total Debt: % of GDP in 2022?

New Zealand Total Debt accounted for 594.1 % of the country's GDP in 2022, compared with the ratio of 621.3 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
594.1 2022 621.3 2021 570.9 2017 677.6 2010 % yearly 2006 - 2022

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 263.7 Sep 2024 quarterly Jun 1988 - Sep 2024
Austria (%) 539.1 Sep 2024 quarterly Mar 1999 - Sep 2024
Belgium (%) 693.1 Sep 2024 quarterly Dec 1998 - Sep 2024
Bulgaria (%) 352.7 2023 yearly 1995 - 2023
Canada (%) 946.4 Dec 2024 quarterly Mar 1990 - Dec 2024
Croatia (%) 430.3 Sep 2024 quarterly Mar 2012 - Sep 2024
Cyprus (%) 1,391.2 2023 yearly 1995 - 2023
Czech Republic (%) 389.9 Sep 2024 quarterly Mar 2008 - Sep 2024
Denmark (%) 833.8 2023 yearly 1994 - 2023
Estonia (%) 370.3 Sep 2024 quarterly Dec 2003 - Sep 2024
European Union (%) 719.1 2022 yearly 2001 - 2022
Finland (%) 648.6 2023 yearly 1995 - 2023
France (%) 941.1 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 604.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Greece (%) 534.0 Sep 2024 quarterly Dec 1997 - Sep 2024
Hungary (%) 430.5 Sep 2024 quarterly Dec 1995 - Sep 2024
Iceland (%) 692.4 2022 yearly 2003 - 2022
Ireland (%) 963.7 Sep 2024 quarterly Mar 2002 - Sep 2024
Italy (%) 556.8 Sep 2024 quarterly Dec 1995 - Sep 2024
Japan (%) 1,279.3 Dec 2024 quarterly Jun 1998 - Dec 2024
South Korea (%) 703.3 Sep 2024 quarterly Dec 2008 - Sep 2024
Latvia (%) 340.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Lithuania (%) 305.6 Sep 2024 quarterly Dec 1995 - Sep 2024
Luxembourg (%) 7,257.0 Sep 2024 quarterly Dec 1995 - Sep 2024
North Macedonia (%) 335.8 2023 yearly 2013 - 2023
Malta (%) 1,377.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Mexico (%) 110.9 Dec 2024 quarterly Dec 2000 - Dec 2024
Netherlands (%) 973.5 Sep 2024 quarterly Mar 1999 - Sep 2024
New Zealand (%) 594.1 2022 yearly 2006 - 2022
Norway (%) 610.1 Dec 2024 quarterly Dec 1995 - Dec 2024
Poland (%) 290.4 Sep 2024 quarterly Mar 2004 - Sep 2024
Portugal (%) 463.3 Sep 2024 quarterly Dec 1995 - Sep 2024
Romania (%) 238.3 Sep 2024 quarterly Mar 2007 - Sep 2024
Slovakia (%) 373.4 Sep 2024 quarterly Dec 2012 - Sep 2024
Slovenia (%) 323.6 Sep 2024 quarterly Mar 2004 - Sep 2024
Spain (%) 567.9 Jun 2024 quarterly Dec 1995 - Jun 2024
Sweden (%) 774.3 Sep 2024 quarterly Mar 1996 - Sep 2024
Switzerland (%) 934.5 2023 yearly 1999 - 2023
Taiwan (%) 889.1 2023 yearly 2000 - 2023
Turkey (%) 253.0 Sep 2024 quarterly Dec 2014 - Sep 2024
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 872.5 Sep 2024 quarterly Mar 1987 - Sep 2024
United States (%) 722.0 Sep 2024 quarterly Dec 1951 - Sep 2024

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.0 Sep 2024 quarterly Dec 1999 - Sep 2024
Consolidated Fiscal Balance (USD mn) -151.235 Dec 2024 quarterly Mar 1999 - Dec 2024
Tax Revenue (USD mn) 80,859.209 2024 yearly 1999 - 2024
Tax Revenue: % of GDP (%) 30.2 2023 yearly 1999 - 2023
National Government Debt (USD mn) 111,415.6 Dec 2024 quarterly Dec 2006 - Dec 2024
Government Debt: % of GDP (%) 44.3 Sep 2024 quarterly Dec 2006 - Sep 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
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.471 2029 yearly 1980 - 2029
Trade Balance (USD mn) -273.5 Jan 2025 monthly Jan 1960 - Jan 2025
Total Exports (USD mn) 3,486.6 Jan 2025 monthly Jan 1957 - Jan 2025
Total Exports Growth (%) 28.3 Jan 2025 monthly Jan 1952 - Jan 2025
Aluminum: Exports (USD th) 796,821.124 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 133,163.766 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 279,372.038 2023 yearly 1995 - 2023
Total Imports (USD mn) 3,760.2 Jan 2025 monthly Jan 1960 - Jan 2025
Total Imports Growth (%) 13.4 Jan 2025 monthly Jan 1961 - Jan 2025
Imports: Medicament (USD th) 1,071,353.476 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 469,470.056 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 419.218 Jan 2025 monthly Jul 1981 - Jan 2025
Total Imports from USA (USD mn) 415.389 Jan 2025 monthly Jan 1981 - Jan 2025
Total Exports to China (USD mn) 1,049.425 Jan 2025 monthly Jul 1981 - Jan 2025
Total Imports from China (USD mn) 790.477 Jan 2025 monthly Jul 1982 - Jan 2025
Term Trade Index (Jun2002=1000) 1,476.000 Dec 2024 quarterly Mar 1957 - Dec 2024
Exports: fob: SITC: Mineral Fuels (NZD mn) 38.565 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Crude Materials (NZD mn) 568.228 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 236.566 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 339.821 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: SITC: Food & Live Animals (NZD mn) 4,121.955 Jan 2025 monthly Jan 2002 - Jan 2025
Exports: fob: Australia (NZD mn) 670.162 Jan 2025 monthly Jan 1988 - Jan 2025
Exports: fob: United States (NZD mn) 744.218 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: China (NZD mn) 1,782.288 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: United Kingdom (NZD mn) 132.621 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: Japan (NZD mn) 262.997 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: Australia: sa (NZD mn) 805.745 Jan 2025 monthly Jul 1981 - Jan 2025
Exports: fob: China: sa (NZD mn) 1,862.996 Jan 2025 monthly Jul 1981 - Jan 2025
Export Volume Index: Exclude Re Export (Jun2002=1000) 1,471.000 Dec 2024 quarterly Mar 1951 - Dec 2024
Export Volume Index: Exclude Re Export: sa (Jun2002=1000) 1,435.000 Dec 2024 quarterly Jun 1990 - Dec 2024
Import Volume Index (Jun2002=1000) 2,725.000 Dec 2024 quarterly Mar 1949 - Dec 2024
Import Volume Index: sa (Jun2002=1000) 2,606.000 Dec 2024 quarterly Jun 1990 - Dec 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) 725.6 Sep 2024 quarterly Jun 2000 - Sep 2024
Current Account Balance (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Current Account Balance: % of GDP (%) -5.8 Sep 2024 quarterly Jun 1987 - Sep 2024
Foreign Direct Investment (USD mn) -1,490.3 Sep 2024 quarterly Jun 2000 - Sep 2024
Foreign Direct Investment: % of GDP (%) -2.4 Sep 2024 quarterly Jun 2000 - Sep 2024
Foreign Portfolio Investment (USD mn) 7,376.467 Sep 2024 quarterly Jun 1995 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 11.7 Sep 2024 quarterly Jun 1995 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,606.5 Sep 2024 quarterly Jun 2000 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 5,769.990 Sep 2024 quarterly Jun 1995 - Sep 2024
External Debt (USD mn) 246,390.6 Sep 2024 quarterly Mar 1993 - Sep 2024
External Debt: % of GDP (%) 86.4 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 77,945.5 Sep 2024 quarterly Jun 2000 - Sep 2024
External Debt: Short Term: % of GDP (%) 29.3 2023 yearly 2000 - 2023
Total Debt: % of GDP (%) 594.1 2022 yearly 2006 - 2022
Forecast: Current Account Balance (USD bn) -11.310 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -132,742.997 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Goods (NZD mn) -4,656.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Assets (NZD mn) 3,984.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 5,621.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -3,057.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) -2,438.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Services (NZD mn) -2,031.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: Primary Income (NZD mn) -3,544.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account (NZD mn) 2,075.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities (NZD mn) 6,059.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -1,537.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 3,176.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Services: Credit (NZD mn) 6,473.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account (NZD mn) -10,581.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 1,187.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Goods: Credit (NZD mn) 15,962.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Capital Account: Debit (NZD mn) 137.000 Sep 2024 quarterly Mar 1997 - Sep 2024
Balance of Payment: Net Errors and Omissions (NZD mn) 8,606.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 12,067.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 7,003.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,459.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Capital Account: Credit (NZD mn) 36.000 Sep 2024 quarterly Jun 1996 - Sep 2024
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) -2,942.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Current Account: Goods: Debit (NZD mn) 20,618.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,032.000 Sep 2024 quarterly Jun 2000 - Sep 2024
Balance of Payment: Capital Account (NZD mn) -100.000 Sep 2024 quarterly Jun 1996 - Sep 2024
Balance of Payment: Current Account: Services: Debit (NZD mn) 8,504.000 Sep 2024 quarterly Jun 1971 - Sep 2024
BOP: Current Account: Goods & Services (NZD mn) -6,688.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 8,048.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -1,913.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 19,542.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 17,629.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -397.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 7,651.000 Sep 2024 quarterly Jun 1971 - Sep 2024
Balance of Payment: Current Account: sa (NZD mn) -6,202.000 Sep 2024 quarterly Jun 1971 - Sep 2024
International Investment Position: Liabilities (NZD mn) 613,193.000 Sep 2024 quarterly Jun 2000 - Sep 2024
IIP: Net (NZD mn) -208,617.000 Sep 2024 quarterly Jun 2000 - Sep 2024
IIP: Assets (NZD mn) 404,576.000 Sep 2024 quarterly Jun 2000 - Sep 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 (%) 89.9 Sep 2024 quarterly Dec 1990 - Sep 2024
Money Supply M1 (USD mn) 67,705.960 Jan 2025 monthly Dec 2016 - Jan 2025
Money Supply M2 (USD mn) 242,023.033 Jan 2025 monthly Mar 1988 - Jan 2025
M2 Growth (%) 4.6 Jan 2025 monthly Mar 1989 - Jan 2025
Foreign Exchange Reserves (USD mn) 23,546.0 Jan 2025 monthly Sep 2005 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 6.453 Sep 2024 quarterly Sep 2005 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 6.2 Jan 2025 monthly Sep 2005 - Jan 2025
Gold Reserves (USD mn) 0.000 Jan 2025 monthly Dec 1950 - Jan 2025
Total Deposits (USD mn) 265,858.106 Jan 2025 monthly Dec 2016 - Jan 2025
Total Deposits Growth (%) 5.2 Jan 2025 monthly Dec 2017 - Jan 2025
Domestic Credit (USD mn) 344,109.9 Jan 2025 monthly Mar 1988 - Jan 2025
Domestic Credit Growth (%) 2.0 Jan 2025 monthly Mar 1989 - Jan 2025
Credit to Households (USD bn) 241.021 Sep 2024 quarterly Dec 1990 - Sep 2024
Credit to Private Non-Financial Sector (USD bn) 427.961 Sep 2024 quarterly Mar 1960 - Sep 2024
Household Debt (USD mn) 218,452.7 Jan 2025 monthly Dec 1990 - Jan 2025
Total Loans (USD mn) 326,720.523 Jan 2025 monthly Dec 2016 - Jan 2025
Total Loans Growth (%) 3.34 Jan 2025 monthly Dec 2017 - Jan 2025
Private Debt: % of Nominal GDP (%) 136.01 Sep 2024 quarterly Mar 1988 - Sep 2024
Depository Corp: Money Supply: Broad Money (NZD mn) 426,999.000 Jan 2025 monthly Mar 1988 - Jan 2025
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 119,453.000 Jan 2025 monthly Dec 2016 - Jan 2025
Depository Corp: Domestic Credit (NZD mn) 607,110.000 Jan 2025 monthly Mar 1988 - Jan 2025
Official Reserve Assets (NZD mn) 47,313.777 Jan 2025 monthly Sep 2005 - Jan 2025
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 33,868.526 Jan 2025 monthly Sep 2005 - Jan 2025
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 (%) 72.100 Mar 2025 quarterly Mar 2022 - Mar 2025
House Price Inflation: Net Percent Expecting Higher (%) -34.300 Mar 2025 quarterly Mar 2022 - Mar 2025
Business Outlook Survey: All Industries: Business Confidence Index (Point) 58.400 Feb 2025 monthly Feb 1991 - Feb 2025
Business Outlook Survey: Manufacturing: Business Confidence Index (Point) 60.800 Feb 2025 monthly Feb 1991 - Feb 2025
Business Outlook Survey: Retail: Business Confidence Index (Point) 58.500 Feb 2025 monthly Feb 1991 - Feb 2025
Business Outlook Survey: Construction: Business Confidence Index (Point) 65.800 Feb 2025 monthly Feb 1991 - Feb 2025
Business Outlook Survey: Service: Business Confidence Index (Point) 54.400 Feb 2025 monthly Feb 1991 - Feb 2025

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