Outstanding domestic public debt securities to GDP in New Zealand
New Zealand: Outstanding domestic public debt securities to GDP was 47.9% in 2020. ▲ Rising
Outstanding domestic public debt securities to GDP in New Zealand, 1990–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for outstanding domestic public debt securities to gdp in New Zealand is 47.9%, measured in 2020. That is the highest value across all 31 years on record.
The figure is up 77.2% on the previous year and up 62.4% over ten years.
Over the whole period, outstanding domestic public debt securities to gdp in New Zealand peaked at 47.9% in 2020 and was at its lowest, 13.7%, in 2008.
That places New Zealand 12th out of 32 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Outstanding domestic public debt securities to GDP in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 28.0% | — |
| 1991 | 29.9% | +6.7% |
| 1992 | 31.8% | +6.2% |
| 1993 | 33.2% | +4.6% |
| 1994 | 34.6% | +4.2% |
| 1995 | 30.9% | -10.7% |
| 1996 | 31.2% | +0.9% |
| 1997 | 26.2% | -16.0% |
| 1998 | 29.3% | +11.5% |
| 1999 | 28.2% | -3.6% |
| 2000 | 27.1% | -4.1% |
| 2001 | 25.6% | -5.3% |
| 2002 | 27.5% | +7.1% |
| 2003 | 27.0% | -1.6% |
| 2004 | 23.9% | -11.5% |
| 2005 | 20.4% | -14.8% |
| 2006 | 18.2% | -10.5% |
| 2007 | 17.2% | -6.0% |
| 2008 | 13.7% | -20.3% |
| 2009 | 25.2% | +84.3% |
| 2010 | 29.5% | +17.0% |
| 2011 | 30.1% | +2.1% |
| 2012 | 36.0% | +19.7% |
| 2013 | 32.9% | -8.7% |
| 2014 | 31.1% | -5.3% |
| 2015 | 30.3% | -2.6% |
| 2016 | 29.8% | -1.6% |
| 2017 | 27.1% | -9.1% |
| 2018 | 27.4% | +1.1% |
| 2019 | 27.0% | -1.4% |
| 2020 | 47.9% | +77.2% |
New Zealand compared with similar countries
- New Zealand's 47.9% is above the median for high income countries, which is 42.6%, 1.1× the median. (16 countries reporting)
- New Zealand's 47.9% is below the median for East Asia & Pacific, which is 47.9%, 100% of the median. (10 countries reporting)
Biggest year-on-year movements
Years where Outstanding domestic public debt securities to GDP in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +84.3% | 13.7% | 25.2% |
| 2020 | +77.2% | 27.0% | 47.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.4% | 26.2% | 34.6% | 10 |
| 2000s | 22.6% | 13.7% | 27.5% | 10 |
| 2010s | 30.1% | 27.0% | 36.0% | 10 |
| 2020s | 47.9% | 47.9% | 47.9% | 1 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is outstanding domestic public debt securities to gdp in New Zealand?
- Outstanding domestic public debt securities to gdp in New Zealand was 47.9% in 2020, according to Bank for International Settlements (BIS).
- What is the highest outstanding domestic public debt securities to gdp recorded in New Zealand?
- The highest recorded value was 47.9% in 2020.
- What is the lowest outstanding domestic public debt securities to gdp recorded in New Zealand?
- The lowest recorded value was 13.7% in 2008.
- How does New Zealand rank for outstanding domestic public debt securities to gdp?
- New Zealand ranks 12th out of 32 countries with data for 2020.
- Is outstanding domestic public debt securities to gdp rising or falling in New Zealand?
- Over the last ten years it is up 62.4%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic public debt securities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic public debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.