New Zealand Debt to GDP Ratio 1960-2024

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 2022 was 54.27%, a 3.28% increase from 2021.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
United States 115.70%
Iceland 88.46%
Bahamas 83.68%
Canada 61.42%
Australia 57.97%
New Zealand 54.27%
Spain 0.00%
Greenland 0.00%
Israel 0.00%
Luxembourg 0.00%
Netherlands 0.00%
Portugal 0.00%
Sweden 0.00%
Virgin Islands (U.S.) 0.00%
Belgium 0.00%
Channel Islands 0.00%
Greece 0.00%
Lithuania 0.00%
New Caledonia 0.00%
Puerto Rico 0.00%
Slovenia 0.00%
British Virgin Islands 0.00%
Austria 0.00%
Switzerland 0.00%
Denmark 0.00%
Gibraltar 0.00%
Ireland 0.00%
Liechtenstein 0.00%
Northern Mariana Islands 0.00%
Poland 0.00%
Slovak Republic 0.00%
Germany 0.00%
United Kingdom 0.00%
Isle of Man 0.00%
Kuwait 0.00%
Malta 0.00%
Palau 0.00%
San Marino 0.00%
Uruguay 0.00%
Antigua and Barbuda 0.00%
Brunei 0.00%
Czech Republic 0.00%
Faroe Islands 0.00%
Hungary 0.00%
South Korea 0.00%
Monaco 0.00%
Panama 0.00%
Singapore 0.00%
Trinidad and Tobago 0.00%
Argentina 0.00%
Barbados 0.00%
Cyprus 0.00%
France 0.00%
Croatia 0.00%
St. Kitts and Nevis 0.00%
St. Martin (French part) 0.00%
Oman 0.00%
Saudi Arabia 0.00%
Turks and Caicos Islands 0.00%
UAE 0.00%
Bermuda 0.00%
Cayman Islands 0.00%
Finland 0.00%
Hong Kong 0.00%
Japan 0.00%
Macao 0.00%
Qatar 0.00%
Seychelles 0.00%
Andorra 0.00%
Curacao 0.00%
Estonia 0.00%
Guam 0.00%
Italy 0.00%
Latvia 0.00%
Norway 0.00%
French Polynesia 0.00%
Sint Maarten (Dutch part) 0.00%
Aruba 0.00%
Bahrain 0.00%
Chile 0.00%
New Zealand Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 54.27% 3.28%
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% 32.78%
2001 0.00% 0.00%
2000 0.00% 0.00%
1999 0.00% 0.00%
1998 0.00% 0.00%
1997 0.00% 0.00%
1996 0.00% 0.00%
1995 0.00% 0.00%
1994 0.00% 0.00%
1993 0.00% 0.00%
1992 0.00% 0.00%
1991 0.00% 0.00%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%