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New Zealand: General government debt (% of GDP)

Percent of GDP · 1860–2025 · 166 observations · forecasts to 2031 · gen_govdebt_GDP

2025
54.7%percent of GDP
Change on 2024
+3.3 pointsfrom 51.4%
Average, 2016–2025
41.5%10 years
Record high and low
226.1% (1933)low 5.67% (1863)

General government debt (% of GDP)

Report error
0%50%100%150%200%250%1875190019251950197520002025New ZealandNew Zealand
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
203154.8Forecast
203055.5Forecast
202957.1Forecast
202857.8Forecast
202757.8Forecast
202656.7Forecast
202554.7
202451.4
202347.3
202246.9
202147.5
202043.2
201931.8
201828.1
201731.1
201633.4

Sources

  • Reinhart & Rogoff1860–2010
  • IMF Historical Public Debt Database1860–2015
  • IMF Fiscal Policy Panel1876–2023
  • IMF World Economic Outlook1985–2025
  • IMF WEO (forecast)2025–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms