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household debts in New Zealand

Gross debt in New Zealand

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in New Zealand in the period from 1998 to 2020 was between 15.2 billion and 92.4 billion USD. The highest level of the last years at 92 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 18,153 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.


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Gross debt of the last 22 years in billion USD




YearNew Zealand totalNew Zealand per capitaEU per capita
199819.39 bn USD5,083 USD14,079 USD
199918.81 bn USD4,905 USD14,032 USD
200015.79 bn USD4,094 USD11,232 USD
200115.17 bn USD3,910 USD11,255 USD
200217.59 bn USD4,456 USD12,258 USD
200321.79 bn USD5,411 USD15,286 USD
200423.39 bn USD5,723 USD17,595 USD
200523.85 bn USD5,768 USD18,327 USD
200620.52 bn USD4,904 USD18,877 USD
200722.38 bn USD5,297 USD20,898 USD
200825.30 bn USD5,940 USD24,086 USD
200929.52 bn USD6,862 USD25,361 USD
201043.50 bn USD9,998 USD26,496 USD
201158.43 bn USD13,329 USD29,231 USD
201262.96 bn USD14,282 USD28,174 USD
201366.00 bn USD14,857 USD29,981 USD
201468.81 bn USD15,235 USD30,648 USD
201560.92 bn USD13,217 USD25,918 USD
201663.00 bn USD13,365 USD26,261 USD
201764.25 bn USD13,347 USD27,024 USD
201859.45 bn USD12,131 USD28,448 USD
201968.35 bn USD13,728 USD27,168 USD
202092.40 bn USD18,153 USD30,783 USD


Comparison of gross debt per capita with the European Union in U.S. dollars



      New Zealand       European Union


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