Key information about New Zealand National Government Debt

• New Zealand National Government Debt reached 111.4 USD bn in Dec 2024, compared with 118.8 USD bn in the previous quarter.
• New Zealand National Government Debt data is updated quarterly, available from Dec 2006 to Dec 2024.
• The data reached an all-time high of 118.8 USD bn in Sep 2024 and a record low of 21.4 USD bn in Sep 2008.

CEIC converts quarterly Government Debt into USD. The Treasury provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Government Debt covers Sovereign Guaranteed Debt only.


Related information about New Zealand National Government Debt

• In the latest reports, New Zealand Consolidated Fiscal Balance recorded a deficit equal to 1.0 % of its Nominal GDP in Sep 2024.
• The country's Government debt accounted for 44.3 % of its Nominal GDP in Sep 2024.
• New Zealand Nominal GDP reached 62.0 USD bn in Mar 2023.

The national debt of New Zealand stands at approximately ************** U.S. dollars in 2025.Fluctuating rise between 1985 and 2025Between 1985 and 2025 a total increase by approximately ************** U.S. dollars can be observed. The data emphasizes however that this increase did not happen continuously.Continuous rise between 2025 and 2030The national debt will lie at close to ************** U.S. dollars in 2030, according to forecasts. Compared to 2025 this is an overall increase by approximately ************* U.S. dollars. This growth reflects a steady upward trend.

La Nouvelle-Zélande a enregistré une dette publique par rapport au PIB de 45,20 % du produit intérieur brut du pays en 2024. Cette dataset fournit - Dette du gouvernement de la Nouvelle-Zélande par rapport au PIB - valeurs réelles, données historiques, prévisions, graphique, statistiques, calendrier économique et actualités.

Key information about New Zealand Government Debt: % of GDP

• New Zealand Government debt accounted for 44.3 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 41.9 % in the previous quarter.
• New Zealand government debt to GDP ratio data is updated quarterly, available from Dec 2006 to Sep 2024.
• The data reached an all-time high of 44.3 % in Sep 2024 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. Stats NZ 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 111.4 USD bn in Dec 2024.
• The country's Nominal GDP reached 62.0 USD bn in Mar 2023.

Depicted is the ratio of national debt to gross domestic product (GDP) of New Zealand which amounts to approximately 55.29 percent in 2025.Fluctuating decline between 1985 and 2025A total decrease by approximately 8.84 percentage points can be observed between 1985 and 2025. The data emphasizes however that this decrease did not happen continuously.Fluctuating decline between 2025 and 2030In 2030 the ratio will stand at roughly 54.81 percent, according to forecasts. This indicates an overall decrease by approximately 0.48 percentage points since 2025.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Government Debt in New Zealand increased to 155273 NZD Million in 2023 from 128873 NZD Million in 2022. This dataset provides - New Zealand Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Central government debt, total (% of GDP) for New Zealand (DEBTTLNZA188A) from 2002 to 2022 about New Zealand, debt, government, and GDP.

New Zealand NZ: Central Government Debt: Total: % of GDP data was reported at 42.101 % in 2017. This records a decrease from the previous number of 43.396 % for 2016. New Zealand NZ: Central Government Debt: Total: % of GDP data is updated yearly, averaging 43.396 % from Mar 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 51.834 % in 2013 and a record low of 31.959 % in 2010. New Zealand NZ: Central Government Debt: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Government Revenue, Expenditure and Finance. 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.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

New Zealand: Government debt as percent of GDP: The latest value from 2023 is 34.3 percent, an increase from 33.1 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for New Zealand from 1972 to 2023 is 40.98 percent. The minimum value, 16.6 percent, was reached in 2008 while the maximum of 73.29 percent was recorded in 1987.

New Zealand NZ: Central Government Debt: Total data was reported at 114,479.465 NZD mn in 2017. This records an increase from the previous number of 110,530.258 NZD mn for 2016. New Zealand NZ: Central Government Debt: Total data is updated yearly, averaging 71,969.027 NZD mn from Mar 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 114,479.465 NZD mn in 2017 and a record low of 44,307.444 NZD mn in 2003. New Zealand NZ: Central Government Debt: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank.WDI: Government Revenue, Expenditure and Finance. 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.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Central government debt, total (% of GDP) in New Zealand was reported at 54.57 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

New Zealand NZ: Gross Public Debt: USD: Central Government: Debt Securities data was reported at 81.025 USD bn in Mar 2018. This records an increase from the previous number of 80.211 USD bn for Dec 2017. New Zealand NZ: Gross Public Debt: USD: Central Government: Debt Securities data is updated quarterly, averaging 73.314 USD bn from Sep 2006 (Median) to Mar 2018, with 45 observations. The data reached an all-time high of 89.438 USD bn in Jun 2014 and a record low of 28.029 USD bn in Sep 2006. New Zealand NZ: Gross Public Debt: USD: Central Government: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s New Zealand – Table NZ.World Bank: QPSD: Gross Public Debt: Central Government.

Interest payments (% of revenue) in New Zealand was reported at 3.1684 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Interest payments (% of revenue) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This statistic shows the ratio of national debt to gross domestic product (GDP) of Australia which lies at approximately 50.94 percent in 2025.Fluctuating rise between 1989 and 2025A total increase by approximately 33.92 percentage points can be seen between 1989 and 2025. This increase however did not happen continuously.Continuous decline between 2025 and 2030In 2030 the ratio will stand at around 49.02 percent, according to forecasts. There is an overall decrease by approximately 1.92 percentage points since 2025. This decrease reflects a consistent falling trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about New Zealand Private Debt: % of Nominal GDP

• New Zealand Private Debt accounted for 136.01 % of its Nominal GDP in Sep 2024, compared with a ratio of 135.21 % in the previous quarter
• New Zealand Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Mar 1988 to Sep 2024, with an average share of 135.21 %
• The data reached an all-time high of 157.39 % in Sep 2009 and a record low of 64.97 % in Mar 1989

CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. The Reserve Bank of New Zealand provides Private Debt in local currency based on MFSM 2016. Stats NZ provides Nominal GDP in local currency. Private Debt as % of Nominal GDP prior to Q4 2016 is calculated from Private Debt based on Standard Statistical Return.

New Zealand NZ: General Government: Gross Debt: % of GDP data was reported at 23.180 % in 2023. This records a decrease from the previous number of 26.357 % for 2022. New Zealand NZ: General Government: Gross Debt: % of GDP data is updated yearly, averaging 31.026 % from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 58.666 % in 1992 and a record low of 16.299 % in 2007. New Zealand NZ: General Government: Gross Debt: % of GDP data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s New Zealand – Table NZ.IMF.FM: Government Finance Statistics.

Central government debt, total (current LCU) in New Zealand was reported at 212342931000 LCU in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Central government debt, total (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This dataset published by the Treasury contains historical fiscal data, including debt, fiscal balance, tax and spending.

Graph and download economic data for Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in New Zealand (DISCONTINUED) (TDSAMRIAOGGNZ) from Q4 1989 to Q4 2013 about New Zealand, sector, maturity, debt, residents, securities, and government.

This scatter chart displays population (people) against central government debt (% of GDP) in New Zealand. The data is filtered where the date is 2021. The data is about countries per year.