New Zealand recorded a Government Debt to GDP of 39.30 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in New Zealand averaged 24.28 percent of GDP from 1972 until 2023, reaching an all time high of 54.80 percent of GDP in 1992 and a record low of 4.40 percent of GDP in 1974. source: New Zealand Treasury

Government Debt to GDP in New Zealand is expected to reach 41.00 percent of GDP by the end of 2024, 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 39.00 percent of GDP in 2025 and 36.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Fiscal Expenditure 161822.00 150956.00 NZD Million Dec 2023
Budget Day 2022 -2.40 -2.70 percent of GDP Dec 2023
Government Budget Value -9446.00 -9691.00 NZD Million Dec 2023
Government Debt 155273.00 128873.00 NZD Million Dec 2023
Government Debt to GDP 39.30 35.40 percent of GDP Dec 2023
Government Revenues 153011.00 141627.00 NZD Million Dec 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
39.30 35.40 54.80 4.40 1972 - 2023 percent of GDP Yearly