What is the current government Debt to GDP in New Zealand?

The latest reading is 61.1% for 2024, published by U.S. Treasury FiscalData.

Where does this data come from?

It is collected directly from U.S. Treasury FiscalData and is available through the Makrognosis API under the code NZ.GOVDEBT.A.NSA.

New Zealand Government Debt to GDP

Name: New Zealand Government Debt to GDP
Creator: U.S. Treasury FiscalData

AnnualNot seasonally adjustedCode NZ.GOVDEBT.A.NSA

Latest61.1%2024

Previous58.3%2023

Year ago58.3%2023

New Zealand Government Debt to GDP was 61.1% in 2024, up 2.9 percentage points from 2023.

That is the highest reading since 2022.

New Zealand Government Debt to GDP (% of GDP), 2009 – 2024. Source: U.S. Treasury FiscalData.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

Period	Value
2024	61.1%
2023	58.3%
2022	63.4%
2021	59.7%
2020	53.5%
2019	40.0%
2018	43.3%
2017	46.7%
2016	49.0%
2015	49.5%
2014	50.2%
2013	54.3%
2012	57.0%
2011	54.3%
2010	40.2%
2009	36.2%

Last 16 observations. The full history (16 observations) is available through the API.

Get New Zealand Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/NZ.GOVDEBT.A.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/NZ.GOVDEBT.A.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]

Get a free API key → · API docs

About this series

Latest observation	2024
First observation	2009
Observations	16
Frequency	Annual
Units	% of GDP
Adjustment	Not seasonally adjusted
10-year high	63.4% (2022)
10-year low	40.0% (2019)
10-year average	52.2%
Source agency	U.S. Treasury FiscalData
Makrognosis code	NZ.GOVDEBT.A.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Other New Zealand indicators

New Zealand GDP (Gross Domestic Product)New Zealand Nominal GDP, expenditure measure, calendar year (Stats SNEA.SG00NAC00B15D, NZD million)New Zealand Nominal GDP, expenditure measure, seasonally adjusted (Stats SNEQ.SG02NSC00B15, NZD million)New Zealand Real GDP, production measure, chain volume 2009/10 prices, calendar year (Stats SNEA.SG00RAC00B01D, NZD million)New Zealand Inflation Rate (CPI)New Zealand Credit Rating & Sovereign Risk Score New Zealand Trade Balance: Goods & Services New Zealand Merchandise exports incl. re-exports, fob (Stats Overseas merchandise trade, actual values), NZD million New Zealand Merchandise imports, cif (Stats Overseas merchandise trade, actual values), NZD million New Zealand Dollar per US Dollar New Zealand GDP implicit price deflator, expenditure measure, seasonally adjusted (Stats SNEQ.SG08NSC00B15, 2009/10=1000)New Zealand General government gross debt (Stats GFS, NZD mn, June year)New Zealand NZD per USD, calendar-month average of the official ECB euro-reference USD cross

FAQ

What is the current government Debt to GDP in New Zealand?: The latest reading is 61.1% for 2024, published by U.S. Treasury FiscalData.
Where does this data come from?: It is collected directly from U.S. Treasury FiscalData and is available through the Makrognosis API under the code NZ.GOVDEBT.A.NSA.

Last updated 2026-11-08. Source: U.S. Treasury FiscalData. Original title: “New Zealand general government gross debt, % of nominal GDP (computed: Stats NZ GFS debt ÷ Stats NZ June-year GDP)”.