New Zealand government debt to gdp

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New Zealand government debt to gdp: 39.3 (11.02%)
Last Update: December 31, 2023

New Zealand government debt to gdp closed down 39.3 as of December 31, 2023 from 35.4 from the previous month and 19.5 from last year.


New Zealand government debt to gdp Analytics & Data




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New Zealand government debt to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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New Zealand government debt to gdp

Date Values
2023-12-31 39.3
2022-12-31 35.4
2021-12-31 29.8
2020-12-31 26.3
2019-12-31 19
2018-12-31 19.6
2017-12-31 21.7
2016-12-31 24
2015-12-31 24.7
2014-12-31 25.3
2013-12-31 25.5
2012-12-31 23.6
2011-12-31 19.5
2010-12-31 13.6
2009-12-31 9
2008-12-31 5.4
2007-12-31 7.6
2006-12-31 9.8
2005-12-31 12.7
2004-12-31 16.1
2003-12-31 17.9
2002-12-31 19.5
2001-12-31 20.4
2000-12-31 22.6

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New Zealand government debt to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
government debt to gdp nz.govdebtgdp 39.3 35.4 11 102 UP UP 0 2023-12-31

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New Zealand government debt to gdp Historical Data

The MacroVar database offers free access to historical data for the New Zealand government debt to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of New Zealand government debt to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the New Zealand government debt to gdp

Government debt to GDP ratio is a measure used to assess a country's fiscal health by comparing the total amount of debt owed by the government to the size of its economy. In the case of New Zealand, the government debt to GDP ratio is an important indicator of how sustainable the country's borrowing is in relation to its economic output. A high ratio may indicate that the government is borrowing more than it can afford, potentially leading to financial instability in the long run. Conversely, a low ratio suggests that the government is managing its debt responsibly and is less likely to face financial difficulties. Monitoring and managing the government debt to GDP ratio is crucial for maintaining economic stability and ensuring that the country can continue to meet its financial obligations.

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