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. On the other hand 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 2002 to 2016 was between 21.8 billion and 91.3 billion USD. The hightest level within the past 14 years was reached in 2012. However, the liabilities in 2016 have been only 79.69 billion USD
Based on the number of inhabitants, this is in New Zealand a debt of 16,980 USD per person. For comparison: The average debt per person in the same year in the European Union was 31,202 USD.Back to overview: New Zealand