New Zealand Debt to GDP Ratio 2002-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • New Zealand debt to gdp ratio for 2021 was 50.99%, a 4.84% increase from 2020.
  • New Zealand debt to gdp ratio for 2020 was 46.15%, a 13.4% increase from 2019.
  • New Zealand debt to gdp ratio for 2019 was 32.75%, a 3.87% decline from 2018.
  • New Zealand debt to gdp ratio for 2018 was 36.62%, a 2.04% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Croatia 687.99%
Greece 237.13%
Japan 217.61%
United Kingdom 186.48%
Singapore 153.80%
Spain 135.82%
United States 120.37%
France 116.55%
Belgium 109.22%
Iceland 96.87%
San Marino 95.12%
Austria 94.32%
Hungary 86.91%
Bahamas 86.19%
Slovak Republic 79.25%
Australia 70.18%
Ireland 65.40%
Canada 64.04%
New Zealand 50.99%
South Korea 49.16%
Lithuania 48.91%
Sweden 40.66%
Estonia 23.67%
Switzerland 20.30%
New Zealand Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2021 50.99% 4.84%
2020 46.15% 13.40%
2019 32.75% -3.87%
2018 36.62% -2.04%
2017 38.66% -2.75%
2016 41.42% -1.52%
2015 42.94% -0.98%
2014 43.92% -2.53%
2013 46.45% -5.21%
2012 51.66% 3.52%
2011 48.14% 13.33%
2010 34.81% 2.87%
2009 31.94% -4.15%
2008 36.10% -0.88%
2007 36.98% -5.98%
2006 42.95% -1.22%
2005 44.17% 0.30%
2004 43.87% -4.38%
2003 48.25% 15.47%
2002 32.78% 15.47%