New Zealand Government Debt Over Time (1985–2026)

Global Statistics and Country Indicators

Government Gross Debt (% of GDP)

Global rank: 83 / 184

Data table

1985	64.1%	1996	37.3%	2007	16.3%	2017	31.1%
1986	68.5%	1997	34.6%	2008	19%	2018	28.1%
1987	62.9%	1998	34.5%	2009	24.3%	2019	31.8%
1988	54.7%	1999	32%	2010	29.6%	2020	43.2%
1989	54.9%	2000	30%	2011	34.7%	2021	47.5%
1990	55.5%	2001	28.2%	2012	35.7%	2022	46.9%
1991	58%	2002	26.4%	2013	34.6%	2023	47.3%
1992	58.7%	2003	24.7%	2014	34.2%	2024	51.4%
1993	54.6%	2004	22.5%	2015	34.2%	2025	54.7%
1994	48.9%	2005	20.8%	2016	33.4%	2026	56.7%
1995	43.5%	2006	18.4%

Government Gross Debt (Local currency - NZD)

Data table

1985	29.01B	1996	37.44B	2007	29.88B	2017	89.17B
1986	35.86B	1997	35.98B	2008	36B	2018	85B
1987	39.27B	1998	36.5B	2009	46.69B	2019	101.8B
1988	37.95B	1999	35.59B	2010	59.81B	2020	140.1B
1989	40.49B	2000	35.53B	2011	73.27B	2021	167.8B
1990	42.52B	2001	35.57B	2012	77.15B	2022	180.8B
1991	43.64B	2002	35.29B	2013	78.86B	2023	195.2B
1992	45.35B	2003	34.98B	2014	82.33B	2024	219.8B
1993	45.23B	2004	34.44B	2015	86.09B	2025	243.5B
1994	43.6B	2005	33.42B	2016	89.02B	2026	264.4B
1995	41.23B	2006	31.09B

Government Net Debt (% of GDP)

Global rank: 66 / 86

Data table

1984	153.3%	1995	42.8%	2006	2.8%	2017	5.6%
1985	125.7%	1996	35.6%	2007	-0.8%	2018	4.7%
1986	102.7%	1997	32.1%	2008	-2.2%	2019	6.9%
1987	77%	1998	31.2%	2009	-1%	2020	10.3%
1988	64.6%	1999	29.1%	2010	2.5%	2021	14%
1989	59.6%	2000	30.3%	2011	6.6%	2022	18%
1990	58.1%	2001	27.1%	2012	8.5%	2023	19.5%
1991	67.4%	2002	23.2%	2013	8.6%	2024	22.4%
1992	71%	2003	18.4%	2014	7.9%	2025	25.8%
1993	63.3%	2004	12.9%	2015	7.3%	2026	27.9%
1994	52.5%	2005	7.5%	2016	6.6%

Government Net Debt (Local currency - NZD)

Data table

1984	59.31B	1995	40.54B	2006	4.8B	2017	15.9B
1985	56.87B	1996	35.76B	2007	-1.37B	2018	14.28B
1986	53.79B	1997	33.34B	2008	-4.13B	2019	21.96B
1987	48.06B	1998	33.04B	2009	-1.96B	2020	33.5B
1988	44.82B	1999	32.32B	2010	5.03B	2021	49.26B
1989	43.96B	2000	35.85B	2011	13.91B	2022	69.31B
1990	44.51B	2001	34.23B	2012	18.4B	2023	80.67B
1991	50.73B	2002	30.98B	2013	19.64B	2024	95.97B
1992	54.87B	2003	26.1B	2014	19.12B	2025	114.9B
1993	52.42B	2004	19.71B	2015	18.48B	2026	130.2B
1994	46.83B	2005	12.06B	2016	17.68B