New Zealand Total Debt: % of GDP

2006 - 2021 | Yearly | % | CEIC Data

Key information about New Zealand Total Debt: % of GDP

  • New Zealand Total Debt accounted for 621.0 % of the country's GDP in 2021, compared with the ratio of 637.5 % in the previous year.
  • New Zealand Total Debt: % of GDP data is updated yearly, available from Dec 2006 to Dec 2021.
  • The data reached an all-time high of 679.3 % in Dec 2010 and a record low of 571.8 % 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. Statistics New Zealand provides Total Debt in local currency. Statistics New Zealand provides Nominal 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 2021 in the chart:

New Zealand Total Debt: % of GDP

What was New Zealand's Total Debt: % of GDP in 2021?

New Zealand Total Debt accounted for 621.0 % of the country's GDP in 2021, compared with the ratio of 637.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
621.0 2021 637.5 2020 571.8 2017 679.3 2010 % yearly 2006 - 2021

Total Debt: % of GDP by Country Comparison

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Includes Total Debt: % of GDP on 43 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Australia (%) 259.4 Dec 2023 quarterly Jun 1988 - Dec 2023
Austria (%) 538.4 Jun 2023 quarterly Mar 1999 - Jun 2023
Belgium (%) 707.6 Sep 2023 quarterly Dec 1998 - Sep 2023
Bulgaria (%) 358.8 2022 yearly 1995 - 2022
Canada (%) 937.1 Dec 2023 quarterly Mar 1990 - Dec 2023
Croatia (%) 460.0 Dec 2022 quarterly Mar 2012 - Dec 2022
Cyprus (%) 1,238.5 2022 yearly 1995 - 2022
Czech Republic (%) 380.2 Dec 2023 quarterly Mar 2008 - Dec 2023
Denmark (%) 783.5 2022 yearly 1994 - 2022
Estonia (%) 353.3 Sep 2023 quarterly Dec 2003 - Sep 2023
European Union (%) 729.3 2022 yearly 2001 - 2022
Finland (%) 638.9 2023 yearly 1995 - 2023
France (%) 935.4 Sep 2023 quarterly Mar 1996 - Sep 2023
Germany (%) 584.9 Sep 2023 quarterly Mar 1999 - Sep 2023
Greece (%) 559.8 Sep 2023 quarterly Dec 1997 - Sep 2023
Hungary (%) 414.8 Dec 2023 quarterly Dec 1995 - Dec 2023
Iceland (%) 766.2 2021 yearly 2003 - 2021
Ireland (%) 954.9 Sep 2023 quarterly Mar 2002 - Sep 2023
Italy (%) 577.3 Sep 2023 quarterly Dec 1995 - Sep 2023
Japan (%) 1,291.0 Dec 2023 quarterly Jun 1998 - Dec 2023
South Korea (%) 757.9 Dec 2023 quarterly Dec 2008 - Dec 2023
Latvia (%) 312.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Lithuania (%) 299.8 Dec 2023 quarterly Dec 1995 - Dec 2023
Luxembourg (%) 7,053.4 Dec 2023 quarterly Dec 1995 - Dec 2023
North Macedonia (%) 342.0 2023 yearly 2013 - 2023
Malta (%) 1,540.6 Sep 2023 quarterly Mar 2004 - Sep 2023
Mexico (%) 104.1 Dec 2023 quarterly Dec 2000 - Dec 2023
Netherlands (%) 913.2 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (%) 621.0 2021 yearly 2006 - 2021
Norway (%) 589.0 Dec 2023 quarterly Dec 1995 - Dec 2023
Poland (%) 292.8 Sep 2023 quarterly Mar 2004 - Sep 2023
Portugal (%) 496.1 Sep 2023 quarterly Dec 1995 - Sep 2023
Romania (%) 249.6 Dec 2023 quarterly Mar 2007 - Dec 2023
Slovakia (%) 396.7 Sep 2023 quarterly Dec 2012 - Sep 2023
Slovenia (%) 337.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Spain (%) 591.7 Dec 2023 quarterly Dec 1995 - Dec 2023
Sweden (%) 729.2 Dec 2023 quarterly Mar 1996 - Dec 2023
Switzerland (%) 980.0 2022 yearly 1999 - 2022
Taiwan (%) 882.1 2022 yearly 2000 - 2022
Turkey (%) 305.1 Sep 2023 quarterly Dec 2014 - Sep 2023
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 911.0 Dec 2023 quarterly Mar 1987 - Dec 2023
United States (%) 730.6 Dec 2023 quarterly Dec 1951 - Dec 2023

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New Zealand Key Series

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Includes 241 key indicators for New Zealand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.6 Dec 2023 quarterly Dec 1999 - Dec 2023
Consolidated Fiscal Balance (USD mn) -114.714 Dec 2023 quarterly Mar 1999 - Dec 2023
Tax Revenue (USD mn) 78,682.575 2023 yearly 1999 - 2023
Tax Revenue: % of GDP (%) 31.5 2023 yearly 1999 - 2023
National Government Debt (USD mn) 99,408.0 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 38.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Forecast: Government Expenditure (NZD bn) 198.754 2028 yearly 1985 - 2028
Forecast: Government Net Debt (NZD bn) 240.233 2028 yearly 1985 - 2028
Forecast: Government Revenue (NZD bn) 198.840 2028 yearly 1985 - 2028
General Government: ytd: Expenses (NZD mn) 84,661.000 Dec 2023 quarterly Mar 1999 - Dec 2023
General Government: ytd: Revenue (NZD mn) 82,119.000 Dec 2023 quarterly Mar 1999 - Dec 2023
General Government: ytd: Borrowings (NZD mn) 248,109.000 Dec 2023 quarterly Jun 2002 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.748 2028 yearly 1980 - 2028
Trade Balance (USD mn) -133.5 Feb 2024 monthly Jan 1960 - Feb 2024
Total Exports (USD mn) 3,606.2 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports Growth (%) 16.2 Feb 2024 monthly Jan 1952 - Feb 2024
Aluminum: Exports (USD th) 899,348.562 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 148,665.511 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 256,958.049 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,739.7 Feb 2024 monthly Jan 1960 - Feb 2024
Total Imports Growth (%) 3.3 Feb 2024 monthly Jan 1961 - Feb 2024
Imports: Medicament (USD th) 974,970.031 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 727,040.199 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 542.087 Feb 2024 monthly Jul 1981 - Feb 2024
Total Imports from USA (USD mn) 275.255 Feb 2024 monthly Jan 1981 - Feb 2024
Total Exports to China (USD mn) 1,063.182 Feb 2024 monthly Jul 1981 - Feb 2024
Total Imports from China (USD mn) 899.642 Feb 2024 monthly Jul 1982 - Feb 2024
Import Volume Index: sa (Jun2002=1000) 2,434.000 Dec 2023 quarterly Jun 1990 - Dec 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -49.5 Dec 2023 quarterly Jun 2000 - Dec 2023
Current Account Balance (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Current Account Balance: % of GDP (%) -6.7 Dec 2023 quarterly Jun 1987 - Dec 2023
Foreign Direct Investment (USD mn) 1,680.3 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Direct Investment: % of GDP (%) 2.6 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) 4,127.907 Dec 2023 quarterly Jun 1995 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 6.4 Dec 2023 quarterly Jun 1995 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -92.4 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 4,220.283 Dec 2023 quarterly Jun 1995 - Dec 2023
External Debt (USD mn) 223,600.4 Dec 2023 quarterly Mar 1993 - Dec 2023
External Debt: % of GDP (%) 87.1 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 76,655.0 Dec 2023 quarterly Jun 2000 - Dec 2023
External Debt: Short Term: % of GDP (%) 29.8 2023 yearly 2000 - 2023
Total Debt: % of GDP (%) 621.0 2021 yearly 2006 - 2021
Forecast: Current Account Balance (USD bn) -12.495 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -132,907.322 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Current Account: Goods (NZD mn) -3,656.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Net Errors and Omissions (NZD mn) -4,796.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account: Assets (NZD mn) -10,326.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account (NZD mn) 12,927.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account: Liabilities (NZD mn) 2,602.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Current Account: Services: Debit (NZD mn) 7,784.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 1,180.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -3,568.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Current Account: Services: Credit (NZD mn) 7,088.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account (NZD mn) -7,837.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) -82.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 2,783.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Current Account: Goods: Credit (NZD mn) 17,336.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Capital Account: Debit (NZD mn) 306.000 Dec 2023 quarterly Mar 1997 - Dec 2023
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 6,588.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 6,837.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) -4,614.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Capital Account: Credit (NZD mn) 11.000 Dec 2023 quarterly Jun 1996 - Dec 2023
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -5,271.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Current Account: Services (NZD mn) -696.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: Goods: Debit (NZD mn) 20,992.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: Primary Income (NZD mn) -3,402.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -1,747.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) -3,241.000 Dec 2023 quarterly Jun 2000 - Dec 2023
Balance of Payment: Capital Account (NZD mn) -295.000 Dec 2023 quarterly Jun 1996 - Dec 2023
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,187.000 Dec 2023 quarterly Jun 1971 - Dec 2023
BOP: Current Account: Goods & Services (NZD mn) -4,352.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 7,563.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa (NZD mn) -6,866.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -2,944.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 16,743.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 7,125.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 19,687.000 Dec 2023 quarterly Jun 1971 - Dec 2023
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -438.000 Dec 2023 quarterly Jun 1971 - Dec 2023
IIP: Assets (NZD mn) 361,023.000 Dec 2023 quarterly Jun 2000 - Dec 2023
International Investment Position: Liabilities (NZD mn) 570,656.000 Dec 2023 quarterly Jun 2000 - Dec 2023
IIP: Net (NZD mn) -209,633.000 Dec 2023 quarterly Jun 2000 - Dec 2023
External Debt: Net (NZD mn) -149,667.000 Dec 2018 quarterly Jun 2000 - Dec 2018
Direct Investment Abroad: Stock (NZD mn) 27,769.000 2023 yearly 2001 - 2023
Direct Investment Abroad: Stock: Australia (NZD mn) 13,487.000 2023 yearly 2001 - 2023
Direct Investment Abroad: Stock: United Kingdom (NZD mn) 1,049.000 2023 yearly 2001 - 2023
Direct Investment Abroad: Stock: United States of America (NZD mn) 7,388.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock (NZD mn) 150,270.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: Australia (NZD mn) 78,721.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: United Kingdom (NZD mn) 6,019.000 2023 yearly 2001 - 2023
Foreign Direct Investment: Stock: United States of America (NZD mn) 9,824.000 2023 yearly 2001 - 2023
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 (%) 91.5 Dec 2023 quarterly Dec 1990 - Dec 2023
Money Supply M1 (USD mn) 70,530.739 Feb 2024 monthly Dec 2016 - Feb 2024
Money Supply M2 (USD mn) 248,361.092 Feb 2024 monthly Mar 1988 - Feb 2024
M2 Growth (%) 3.3 Feb 2024 monthly Mar 1989 - Feb 2024
Foreign Exchange Reserves (USD mn) 15,974.3 Feb 2024 monthly Sep 2005 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 4.716 Dec 2023 quarterly Sep 2005 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 4.3 Feb 2024 monthly Sep 2005 - Feb 2024
Gold Reserves (USD mn) 0.000 Feb 2024 monthly Dec 1950 - Feb 2024
Total Deposits (USD mn) 271,656.291 Feb 2024 monthly Dec 2016 - Feb 2024
Total Deposits Growth (%) 3.1 Feb 2024 monthly Dec 2017 - Feb 2024
Domestic Credit (USD mn) 361,531.0 Feb 2024 monthly Mar 1988 - Feb 2024
Domestic Credit Growth (%) 0.8 Feb 2024 monthly Mar 1989 - Feb 2024
Credit to Households (USD bn) 221.186 Sep 2023 quarterly Dec 1990 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 388.325 Sep 2023 quarterly Mar 1960 - Sep 2023
Household Debt (USD mn) 226,676.0 Feb 2024 monthly Dec 1990 - Feb 2024
Total Loans (USD mn) 340,916.239 Feb 2024 monthly Dec 2016 - Feb 2024
Total Loans Growth (%) 2.59 Feb 2024 monthly Dec 2017 - Feb 2024
Private Debt: % of Nominal GDP (%) 138.64 Dec 2023 quarterly Mar 1988 - Dec 2023
Depository Corp: Money Supply: Broad Money (NZD mn) 407,684.000 Feb 2024 monthly Mar 1988 - Feb 2024
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 115,776.000 Feb 2024 monthly Dec 2016 - Feb 2024
Depository Corp: Domestic Credit (NZD mn) 593,452.000 Feb 2024 monthly Mar 1988 - Feb 2024
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 (%) 57.800 Mar 2024 quarterly Jun 2011 - Mar 2024
House Price Inflation: Net Percent Expecting Higher (%) -51.200 Mar 2024 quarterly Mar 2022 - Mar 2024

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