Government Debt to GDP 39.30 35.40 percent of GDP Dec 2023 Government Revenues 153011.00 141627.00 NZD Million Dec 2023New Zealand Government Net Debt to GDP Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, th...
WELLINGTON, April 27 (Xinhua) -- The New Zealand government has set a new medium-term target of cutting net debt to between 10 percent and 15 percent of gross domestic product (GDP) by 2025, Finance Minister Steven Joyce said Thursday. "We have made great progress in our immediate target...
The parliament of New Zealand has tasked the government with getting the national debt down to 20% of GDP by 2020. If that goal is framed in terms of net debt, then that aim has already been achieved. In terms of gross public debt, the government still has a little way to go. ...
"This is a timely reminder that the underlying fundamentals of the New Zealand economy are solid. We are growing faster than the likes of Australia, the UK, Canada and the EU, which is being recognized by international investors and agencies like the IMF and Moody's," he added. "Unemployme...
Is More Government Debt Conducive to Economic Growth in New ZealandYu Hsing
1985 - 2024 | Monthly | % pa | Reserve Bank of New ZealandKey information about New Zealand Long Term Interest Rate New Zealand Government Bond Yield: 10 Years was reported at 4.50 % pa in Oct 2024, compared with 4.18 % pa in the previous month. New Zealand Long Term Interest Rate ...
As larger debt is also associated with lower levels of private output, the recent policy of contraction in government size and debt in New Zealand has produced an output premium. The short-run analysis suggests that the inverse relationship found between changes in government size and economic ...
Statistics New Zealand CalendarGMTReferenceActualPreviousConsensusTEForecast 2024-07-1610:45 PM Inflation Rate YoY Q23.3%4%3.5%3.6% 2024-10-1509:45 PM Inflation Rate YoY Q32.2%3.3%2.2%2.0% RelatedLastPreviousUnitReference CPI1280.001272.00pointsSep 2024 ...
New Zealand has many similarities to other advanced economies and compares favourably overall, Mr Watt says. “That said, we do have some notable differences in New Zealand. We are relatively more exposed to higher interest rates because we tend to have higher household debt levels, and our mor...
New Zealand's inquiry found nearly a third of the people in state, foster and faith-based care were abused in a national population of 5 million.