New Zealand Total Debt: % of GDP
Key information about New Zealand Total Debt: % of GDP
- New Zealand Total Debt accounted for 586.2 % of the country's GDP in 2023, compared with the ratio of 595.1 % in the previous year.
- New Zealand Total Debt: % of GDP data is updated yearly, available from Dec 2006 to Dec 2023.
- The data reached an all-time high of 677.6 % in Dec 2010 and a record low of 571.4 % 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. Stats NZ provides Total Debt and Nonimal 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 2023 in the chart:
What was New Zealand's Total Debt: % of GDP in 2023?
New Zealand Total Debt accounted for 586.2 % of the country's GDP in 2023, compared with the ratio of 595.1 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 586.2 2023 | 595.1 2022 | 571.4 2017 | 677.6 2010 | % | yearly | 2006 - 2023 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 267.7 Dec 2025 | quarterly | Jun 1988 - Dec 2025 |
| Austria (%) | 516.0 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Belgium (%) | 695.9 Dec 2025 | quarterly | Dec 1998 - Dec 2025 |
| Bulgaria (%) | 348.2 2024 | yearly | 1995 - 2024 |
| Canada (%) | 944.6 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Croatia (%) | 412.1 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Cyprus (%) | 1,096.1 2025 | yearly | 1995 - 2025 |
| Czech Republic (%) | 387.3 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Denmark (%) | 847.5 2024 | yearly | 1994 - 2024 |
| Estonia (%) | 383.9 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| European Union (%) | 679.1 2025 | yearly | 2001 - 2025 |
| Finland (%) | 600.6 2025 | yearly | 1995 - 2025 |
| France (%) | 937.4 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 585.6 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Greece (%) | 526.1 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Hungary (%) | 383.9 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Iceland (%) | 679.7 2024 | yearly | 2003 - 2024 |
| Ireland (%) | 816.6 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Italy (%) | 550.5 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Japan (%) | 1,167.6 Dec 2025 | quarterly | Jun 1998 - Dec 2025 |
| South Korea (%) | 711.7 Dec 2025 | quarterly | Dec 2008 - Dec 2025 |
| Latvia (%) | 339.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Lithuania (%) | 327.1 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Luxembourg (%) | 7,000.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| North Macedonia (%) | 342.8 2025 | yearly | 2013 - 2025 |
| Malta (%) | 1,304.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Mexico (%) | 113.8 Mar 2026 | quarterly | Dec 2000 - Mar 2026 |
| Netherlands (%) | 925.1 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| New Zealand (%) | 586.2 2023 | yearly | 2006 - 2023 |
| Norway (%) | 593.4 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Poland (%) | 298.0 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Portugal (%) | 446.8 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Romania (%) | 245.3 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Slovakia (%) | 372.2 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Slovenia (%) | 318.0 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Spain (%) | 551.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Sweden (%) | 733.4 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Switzerland (%) | 899.3 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 880.3 2024 | yearly | 2000 - 2024 |
| Turkey (%) | 245.6 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 825.0 Dec 2025 | quarterly | Mar 1987 - Dec 2025 |
| United States (%) | 721.7 Mar 2026 | quarterly | Dec 1951 - Mar 2026 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doNew Zealand Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.2 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -4,697.177 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Tax Revenue (USD mn) | 79,994.882 2025 | yearly | 1999 - 2025 |
| Tax Revenue: % of GDP (%) | 30.5 2025 | yearly | 1999 - 2025 |
| National Government Debt (USD mn) | 130,325.2 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Government Debt: % of GDP (%) | 49.4 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Forecast: Government Expenditure (NZD bn) | 216.921 2031 | yearly | 1985 - 2031 |
| Forecast: Government Net Debt (NZD bn) | 317.093 2031 | yearly | 1985 - 2031 |
| Forecast: Government Revenue (NZD bn) | 213.303 2031 | yearly | 1985 - 2031 |
| General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn) | 228,240.211 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| General Government: ytd: Borrowings (NZD mn) | 295,081.000 Mar 2026 | quarterly | Jun 2002 - Mar 2026 |
| General Government: ytd: Expenses (NZD mn) | 132,721.000 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| General Government: ytd: Revenue (NZD mn) | 124,762.000 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.679 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 1,122.8 Apr 2026 | monthly | Jan 1960 - Apr 2026 |
| Total Exports (USD mn) | 4,645.6 Mar 2026 | monthly | Jan 1957 - Mar 2026 |
| Total Exports Growth (%) | 7.3 Mar 2026 | monthly | Jan 1952 - Mar 2026 |
| Aluminum: Exports (USD th) | 748,011.388 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 141,065.733 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 300,779.899 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 4,237.4 Mar 2026 | monthly | Jan 1960 - Mar 2026 |
| Total Imports Growth (%) | 3.4 Apr 2026 | monthly | Jan 1961 - Apr 2026 |
| Imports: Medicament (USD th) | 1,026,250.125 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 436,775.230 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 530.827 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Total Imports from USA (USD mn) | 314.435 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Total Exports to China (USD mn) | 1,051.412 Apr 2026 | monthly | Jul 1981 - Apr 2026 |
| Total Imports from China (USD mn) | 998.795 Mar 2026 | monthly | Jul 1982 - Mar 2026 |
| Import Volume Index: sa (Jun2002=1000) | 2,830.000 Mar 2026 | quarterly | Jun 1990 - Mar 2026 |
| Import Volume Index (Jun2002=1000) | 2,685.000 Mar 2026 | quarterly | Mar 1949 - Mar 2026 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,485.000 Mar 2026 | quarterly | Mar 1951 - Mar 2026 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,483.000 Mar 2026 | quarterly | Jun 1990 - Mar 2026 |
| Exports: fob: Australia (NZD mn) | 1,060.819 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Exports: fob: United States (NZD mn) | 907.706 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: United Kingdom (NZD mn) | 209.512 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: Japan (NZD mn) | 435.124 Apr 2026 | monthly | Jul 1981 - Apr 2026 |
| Exports: fob: China (NZD mn) | 2,128.062 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: Australia: sa (NZD mn) | 998.081 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: China: sa (NZD mn) | 1,819.083 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 368.193 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 155.656 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 807.787 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 5,086.579 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 475.917 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Term Trade Index (Jun2002=1000) | 1,561.000 Mar 2026 | quarterly | Mar 1957 - Mar 2026 |
| Export Value Index (2015=100) | 120.500 2023 | yearly | 1995 - 2023 |
| Import Value Index (2015=100) | 136.700 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.1 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Money Supply M1 (USD mn) | 81,214.739 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Money Supply M2 (USD mn) | 267,757.227 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| M2 Growth (%) | 4.4 Apr 2026 | monthly | Mar 1989 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 28,241.2 Apr 2026 | monthly | Sep 2005 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 9.623 Dec 2025 | quarterly | Sep 2005 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.6 Mar 2026 | monthly | Sep 2005 - Mar 2026 |
| Gold Reserves (USD mn) | 0.000 Apr 2026 | monthly | Dec 1950 - Apr 2026 |
| Total Deposits (USD mn) | 292,375.771 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Total Deposits Growth (%) | 3.9 Apr 2026 | monthly | Dec 2017 - Apr 2026 |
| Domestic Credit (USD mn) | 374,734.7 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| Domestic Credit Growth (%) | 3.5 Apr 2026 | monthly | Mar 1989 - Apr 2026 |
| Credit to Households (USD bn) | 231.046 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 412.759 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Household Debt (USD mn) | 242,438.7 Apr 2026 | monthly | Dec 1990 - Apr 2026 |
| Total Loans (USD mn) | 358,112.815 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Total Loans Growth (%) | 5.04 Apr 2026 | monthly | Dec 2017 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 136.85 Dec 2025 | quarterly | Mar 1988 - Dec 2025 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 454,442.000 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| Depository Corp: Domestic Credit (NZD mn) | 636,006.000 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 137,839.000 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Official Reserve Assets (NZD mn) | 60,718.073 Mar 2026 | monthly | Sep 2005 - Mar 2026 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 45,690.018 Mar 2026 | monthly | Sep 2005 - Mar 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 10.2 Oct 2025 | monthly | Aug 2003 - Oct 2025 |
| House Price Inflation: Net Percent Expecting (%) | 86.700 Jun 2026 | quarterly | Mar 2022 - Jun 2026 |
| House Price Inflation: Net Percent Expecting Higher (%) | 12.000 Jun 2026 | quarterly | Mar 2022 - Jun 2026 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 25.500 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 8.800 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 12.500 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 10.000 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 9.800 May 2026 | monthly | Feb 1991 - May 2026 |
| Performance Manufacturing Index (NA) | 51.300 May 2026 | monthly | Aug 2002 - May 2026 |
More Indicators for New Zealand
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.