New Zealand - Central government debt

Central government debt, total (current LCU)

The value for Central government debt, total (current LCU) in New Zealand was 114,479,000,000 as of 2016. As the graph below shows, over the past 14 years this indicator reached a maximum value of 114,479,000,000 in 2016 and a minimum value of 44,307,440,000 in 2002.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2002 44,307,440,000
2003 69,715,480,000
2004 67,801,190,000
2005 71,969,030,000
2006 73,880,000,000
2007 69,023,000,000
2008 68,368,000,000
2009 62,080,850,000
2010 70,995,970,000
2011 103,156,000,000
2012 112,725,000,000
2013 108,315,000,000
2014 107,122,000,000
2015 110,530,000,000
2016 114,479,000,000

Central government debt, total (% of GDP)

Central government debt, total (% of GDP) in New Zealand was 42.18 as of 2016. Its highest value over the past 14 years was 51.83 in 2012, while its lowest value was 31.95 in 2009.

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2002 32.78
2003 48.25
2004 43.87
2005 44.17
2006 42.95
2007 36.98
2008 36.10
2009 31.95
2010 34.91
2011 48.42
2012 51.83
2013 46.53
2014 44.14
2015 43.29
2016 42.18

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance