New Zealand Government Debt: % of GDP
2006 - 2021 | Quarterly | % | CEIC Data
Key information about New Zealand Government Debt: % of GDP
- New Zealand Government debt accounted for 33.6 % of the country's Nominal GDP in Dec 2021, compared with the ratio of 33.1 % in the previous quarter.
- New Zealand government debt to GDP ratio data is updated quarterly, available from Dec 2006 to Dec 2021.
- The data reached an all-time high of 38.7 % in Mar 2013 and a record low of 16.6 % in Jun 2008.
CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Treasury provides Government Debt in local currency. Statistics New Zealand provides Nominal GDP in local currency.
Related information about New Zealand Government Debt: % of GDP
- In the latest reports, New Zealand National Government Debt reached 81.7 USD bn in Mar 2022.
- The country's Nominal GDP reached 62.0 USD bn in Dec 2021.
View New Zealand's Government Debt: % of GDP from Dec 2006 to Dec 2021 in the chart:
What was New Zealand's Government Debt: % of GDP in Dec 2021?
New Zealand Government debt accounted for 33.6 % of the country's Nominal GDP in Dec 2021, compared with the ratio of 33.1 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 33.6 Dec 2021 | 33.1 Sep 2021 | 16.6 Jun 2008 | 38.7 Mar 2013 | % | quarterly | Dec 2006 - Dec 2021 |
Government Debt: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 70.3 Dec 2021 | quarterly | Sep 2010 - Dec 2021 |
| Algeria (%) | 36.4 2018 | yearly | 1997 - 2018 |
| Argentina (%) | 80.0 Dec 2021 | quarterly | Dec 2004 - Dec 2021 |
| Armenia (%) | 63.4 Dec 2021 | quarterly | Dec 2013 - Dec 2021 |
| Australia (%) | 48.0 2021 | yearly | 1999 - 2021 |
| Austria (%) | 82.8 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Azerbaijan (%) | 6.4 2010 | yearly | 2008 - 2010 |
| Bahrain (%) | 98.6 Dec 2021 | quarterly | Dec 2007 - Dec 2021 |
| Bangladesh (%) | 19.2 2021 | yearly | 2010 - 2021 |
| Belarus (%) | 36.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 108.2 Dec 2021 | quarterly | Dec 1980 - Dec 2021 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 26.3 2020 | yearly | 2007 - 2020 |
| Botswana (%) | 15.3 Dec 2019 | quarterly | Jun 2014 - Dec 2019 |
| Brazil (%) | 78.5 Mar 2022 | quarterly | Dec 2006 - Mar 2022 |
| Bulgaria (%) | 25.1 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| Cambodia (%) | 34.1 2020 | yearly | 2013 - 2020 |
| Canada (%) | 73.8 2021 | yearly | 1962 - 2021 |
| Chile (%) | 35.2 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| China (%) | 20.3 Dec 2021 | quarterly | Mar 2014 - Dec 2021 |
| Colombia (%) | 64.5 Dec 2021 | quarterly | Dec 2005 - Dec 2021 |
| Croatia (%) | 79.6 Dec 2021 | quarterly | Dec 1995 - Dec 2021 |
| Cyprus (%) | 103.6 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| Czech Republic (%) | 41.9 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Denmark (%) | 36.7 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Ecuador (%) | 61.9 Jun 2021 | quarterly | Dec 2005 - Jun 2021 |
| Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
| Estonia (%) | 18.1 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| European Union (%) | 88.2 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Finland (%) | 65.8 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| France (%) | 112.9 Dec 2021 | quarterly | Dec 1995 - Dec 2021 |
| Georgia (%) | 49.4 Dec 2021 | quarterly | Mar 2006 - Dec 2021 |
| Germany (%) | 69.3 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Ghana (%) | 76.1 2020 | yearly | 2006 - 2020 |
| Greece (%) | 193.3 Dec 2021 | quarterly | Dec 1999 - Dec 2021 |
| Hong Kong SAR, China (%) | 46.1 2021 | yearly | 2003 - 2021 |
| Hungary (%) | 74.5 Dec 2021 | quarterly | Dec 1990 - Dec 2021 |
| Iceland (%) | 75.0 2021 | yearly | 1998 - 2021 |
| India (%) | 56.2 Dec 2021 | quarterly | Mar 2012 - Dec 2021 |
| Indonesia (%) | 40.3 Mar 2022 | quarterly | Jun 2015 - Mar 2022 |
| Iran (%) | 11.5 Sep 2021 | quarterly | Mar 1998 - Sep 2021 |
| Ireland (%) | 56.0 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Israel (%) | 67.1 2021 | yearly | 1995 - 2021 |
| Italy (%) | 150.3 Dec 2021 | quarterly | Dec 1995 - Dec 2021 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 224.8 Dec 2021 | quarterly | Dec 1994 - Dec 2021 |
| Jordan (%) | 89.5 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Kazakhstan (%) | 24.2 Dec 2021 | quarterly | Mar 2005 - Dec 2021 |
| Kenya (%) | 68.2 Sep 2021 | quarterly | Dec 2009 - Sep 2021 |
| South Korea (%) | 45.6 Dec 2021 | quarterly | Sep 2002 - Dec 2021 |
| Kosovo (%) | 23.3 2021 | yearly | 2009 - 2021 |
| Kuwait (%) | 3.2 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Kyrgyzstan (%) | 60.4 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| Latvia (%) | 44.8 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Lebanon (%) | 171.0 2019 | yearly | 1998 - 2019 |
| Lithuania (%) | 44.3 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Luxembourg (%) | 24.4 Dec 2021 | quarterly | Dec 1997 - Dec 2021 |
| North Macedonia (%) | 51.8 Dec 2021 | quarterly | Dec 2009 - Dec 2021 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 63.0 Mar 2022 | quarterly | Dec 2010 - Mar 2022 |
| Malta (%) | 57.0 Dec 2021 | quarterly | Dec 2000 - Dec 2021 |
| Mauritius (%) | 79.0 Mar 2022 | quarterly | Jun 2003 - Mar 2022 |
| Mexico (%) | 50.8 Dec 2021 | quarterly | Dec 2005 - Dec 2021 |
| Moldova (%) | 32.1 Dec 2021 | quarterly | Mar 2007 - Dec 2021 |
| Montenegro (%) | 83.3 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| Morocco (%) | 76.4 2020 | yearly | 1994 - 2020 |
| Nepal (%) | 27.2 2019 | yearly | 1990 - 2019 |
| Netherlands (%) | 52.1 Dec 2021 | quarterly | Dec 1999 - Dec 2021 |
| New Zealand (%) | 33.6 Dec 2021 | quarterly | Dec 2006 - Dec 2021 |
| Nigeria (%) | 20.2 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| Norway (%) | 43.2 2021 | yearly | 1995 - 2021 |
| Oman (%) | 65.9 2020 | yearly | 1990 - 2020 |
| Pakistan (%) | 73.6 2020 | yearly | 2000 - 2020 |
| Palestinian Territory (%) | 79.1 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| Panama (%) | 63.7 Dec 2021 | quarterly | Dec 2007 - Dec 2021 |
| Paraguay (%) | 31.3 Dec 2021 | quarterly | Dec 2014 - Dec 2021 |
| Peru (%) | 36.1 Dec 2021 | quarterly | Mar 1999 - Dec 2021 |
| Philippines (%) | 63.5 Mar 2022 | quarterly | Mar 1993 - Mar 2022 |
| Poland (%) | 53.8 Dec 2021 | quarterly | Dec 2002 - Dec 2021 |
| Portugal (%) | 127.0 Mar 2022 | quarterly | Mar 2000 - Mar 2022 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 48.8 Dec 2021 | quarterly | Dec 2011 - Dec 2021 |
| Russia (%) | 16.0 Dec 2021 | quarterly | Dec 2011 - Dec 2021 |
| Saudi Arabia (%) | 30.0 Dec 2021 | quarterly | Dec 2016 - Dec 2021 |
| Serbia (%) | 56.5 Dec 2021 | quarterly | Sep 2004 - Dec 2021 |
| Singapore (%) | 145.9 Dec 2021 | quarterly | Mar 1990 - Dec 2021 |
| Slovakia (%) | 61.0 Jun 2021 | quarterly | Mar 2000 - Jun 2021 |
| Slovenia (%) | 74.7 Dec 2021 | quarterly | Dec 1999 - Dec 2021 |
| South Africa (%) | 69.1 Dec 2021 | quarterly | Dec 1960 - Dec 2021 |
| Spain (%) | 118.4 Dec 2021 | quarterly | Mar 1995 - Dec 2021 |
| Sri Lanka (%) | 104.6 Dec 2021 | quarterly | Mar 2014 - Dec 2021 |
| Sweden (%) | 36.2 Dec 2021 | quarterly | Mar 2000 - Dec 2021 |
| Switzerland (%) | 24.7 2025 | yearly | 1990 - 2025 |
| Taiwan (%) | 32.6 2020 | yearly | 1996 - 2020 |
| Tajikistan (%) | 39.2 2020 | yearly | 1999 - 2020 |
| Thailand (%) | 53.7 Mar 2022 | quarterly | Dec 1997 - Mar 2022 |
| Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
| Turkey (%) | 42.0 Dec 2021 | quarterly | Dec 2001 - Dec 2021 |
| Ukraine (%) | 43.3 Dec 2021 | quarterly | Dec 2010 - Dec 2021 |
| United Kingdom (%) | 102.8 Dec 2021 | quarterly | Mar 1975 - Dec 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.3 Dec 2021 | quarterly | Dec 1999 - Dec 2021 |
| Consolidated Fiscal Balance (USD mn) | -5,461.465 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| Tax Revenue (USD mn) | 72,517.716 2021 | yearly | 1999 - 2021 |
| Tax Revenue: % of GDP (%) | 29.8 2021 | yearly | 1999 - 2021 |
| National Government Debt (USD mn) | 81,700.2 Mar 2022 | quarterly | Dec 2006 - Mar 2022 |
| Government Debt: % of GDP (%) | 33.6 Dec 2021 | quarterly | Dec 2006 - Dec 2021 |
| Forecast: Government Expenditure (NZD bn) | 178.995 2027 | yearly | 1985 - 2027 |
| Forecast: Government Net Debt (NZD bn) | 216.386 2027 | yearly | 1985 - 2027 |
| Forecast: Government Revenue (NZD bn) | 179.475 2027 | yearly | 1985 - 2027 |
| General Government: ytd: Revenue (NZD mn) | 101,888.000 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| General Government: ytd: Expenses (NZD mn) | 109,965.000 Mar 2022 | quarterly | Mar 1999 - Mar 2022 |
| General Government: ytd: Borrowings (NZD mn) | 197,057.000 Mar 2022 | quarterly | Jun 2002 - Mar 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.638 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -268.9 Mar 2022 | monthly | Jan 1957 - Mar 2022 |
| Total Exports (USD mn) | 4,583.0 Mar 2022 | monthly | Jan 1957 - Mar 2022 |
| Total Exports Growth (%) | 17.2 Mar 2022 | monthly | Jan 1952 - Mar 2022 |
| Aluminum: Exports (USD th) | 575,712.161 2020 | yearly | 1995 - 2020 |
| Exports: Medicament (USD th) | 143,563.823 2020 | yearly | 1995 - 2020 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 210,915.478 2020 | yearly | 1995 - 2020 |
| Total Imports (USD mn) | 4,852.0 Mar 2022 | monthly | Jan 1960 - Mar 2022 |
| Total Imports Growth (%) | 24.9 Mar 2022 | monthly | Jan 1961 - Mar 2022 |
| Imports: Medicament (USD th) | 703,485.990 2020 | yearly | 1995 - 2020 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 353,154.696 2020 | yearly | 1995 - 2020 |
| Total Exports to USA (USD mn) | 546.976 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Total Imports from USA (USD mn) | 451.699 Mar 2022 | monthly | Jan 1981 - Mar 2022 |
| Total Exports to China (USD mn) | 1,237.202 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Total Imports from China (USD mn) | 1,253.313 Mar 2022 | monthly | Jul 1982 - Mar 2022 |
| Term Trade Index (Jun2002=1000) | 1,515.000 Dec 2021 | quarterly | Mar 1957 - Dec 2021 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 97.420 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 336.670 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,070.391 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 385.247 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 752.495 Mar 2022 | monthly | Jan 2002 - Mar 2022 |
| Exports: fob: Japan (NZD mn) | 411.839 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: United Kingdom (NZD mn) | 156.083 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: China: sa (NZD mn) | 1,801.401 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: China (NZD mn) | 2,009.764 Mar 2022 | monthly | Jan 1951 - Mar 2022 |
| Exports: fob: Australia: sa (NZD mn) | 661.705 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Exports: fob: Australia (NZD mn) | 674.257 Mar 2022 | monthly | Jan 1988 - Mar 2022 |
| Exports: fob: United States (NZD mn) | 796.413 Mar 2022 | monthly | Jul 1981 - Mar 2022 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,490.000 Dec 2021 | quarterly | Mar 1951 - Dec 2021 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,445.000 Dec 2021 | quarterly | Jun 1990 - Dec 2021 |
| Import Volume Index (Jun2002=1000) | 2,936.000 Dec 2021 | quarterly | Mar 1949 - Dec 2021 |
| Import Volume Index: sa (Jun2002=1000) | 2,736.000 Dec 2021 | quarterly | Jun 1990 - Dec 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 98.5 Dec 2021 | quarterly | Dec 1990 - Dec 2021 |
| Money Supply M1 (USD mn) | 97,351.663 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Money Supply M2 (USD mn) | 271,161.421 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| M2 Growth (%) | 6.7 Mar 2022 | monthly | Mar 1989 - Mar 2022 |
| Foreign Exchange Reserves (USD mn) | 12,740.1 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Foreign Exchange Reserves: % of GDP (%) | 5.295 Dec 2021 | quarterly | Sep 2005 - Dec 2021 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.6 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Gold Reserves (USD mn) | 0.000 Apr 2022 | monthly | Dec 1950 - Apr 2022 |
| Total Deposits (USD mn) | 295,291.131 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Total Deposits Growth (%) | 5.7 Mar 2022 | monthly | Dec 2017 - Mar 2022 |
| Domestic Credit (USD mn) | 399,773.6 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| Domestic Credit Growth (%) | 6.0 Mar 2022 | monthly | Mar 1989 - Mar 2022 |
| Credit to Households (USD bn) | 231.672 Sep 2021 | quarterly | Dec 1990 - Sep 2021 |
| Credit to Private Non-Financial Sector (USD bn) | 404.382 Sep 2021 | quarterly | Mar 1960 - Sep 2021 |
| Household Debt (USD mn) | 242,514.7 Mar 2022 | monthly | Dec 1990 - Mar 2022 |
| Total Loans (USD mn) | 367,066.927 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Total Loans Growth (%) | 6.67 Mar 2022 | monthly | Dec 2017 - Mar 2022 |
| Private Debt: % of Nominal GDP (%) | 150.30 Dec 2021 | quarterly | Mar 1988 - Dec 2021 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 140,155.000 Mar 2022 | monthly | Dec 2016 - Mar 2022 |
| Depository Corp: Domestic Credit (NZD mn) | 575,545.000 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 390,385.000 Mar 2022 | monthly | Mar 1988 - Mar 2022 |
| Official Reserve Assets (NZD mn) | 23,259.289 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 17,690.791 Mar 2022 | monthly | Sep 2005 - Mar 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -14.6 Apr 2022 | monthly | Aug 2003 - Apr 2022 |
| Performance Manufacturing Index (NA) | 47.300 Apr 2022 | monthly | Aug 2002 - Apr 2022 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | -42.000 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | -41.400 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | -32.800 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | -48.000 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | -43.800 Apr 2022 | monthly | Feb 1991 - Apr 2022 |
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