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New Zealand: Government debt (% of GDP)

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

Government debt (% of GDP)

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

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

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 →

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