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...
Net debt has fallen further to sit at 19.2 percent of GDP, down from 19.9 percent a year ago and below the 20 percent target in the Budget Responsibility Rules, statistics show. Corporate profits, employment and wage growth were higher than expected in the May Budget. This contributed to tax...
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. ...
GDP Deflator1470.001461.00pointsJun 2024 Import Prices1029.00998.00pointsJun 2024 Inflation Rate YoY2.203.30percentSep 2024 Inflation Rate0.600.40percentSep 2024 Producer Prices1423.001408.00pointsJun 2024 New Zealand Inflation Rate In New Zealand, the most important category in the consumer price index ...
Strategy. The agreement is helping to ensure that its members are in the best possible position to recover from the impacts of COVID-19, and to seize new opportunities for exports and investment. RCEP is projected to add $186 billion to the world economy and increase New Zealand’s GDP by...
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 data is updated monthly, available from Jan 1985 to Oct 2024. The data reached an all-time high of 18.90 % pa in...
With the PNG government’s debt-to-GDP ratio close to the maximum permitted level, he said the government does not have the capacity to borrow to participate as an equity partner. Kua argued that one way to mitigate a perceived loss of resource ownership by the state is to ...
agreement is helping to ensure that its members are in the best possible position to recover from the impacts of COVID-19, and to seize new opportunities for exports and investment. RCEP is projected to add $186 billion to the world economy and increase New Zealand’s GDP by around $2 ...
This government will do everything, no matter how underhand to bring about their socialist ‘paradise’- I just wish we had an effective opposition. Roger Relative to most other countries NZ has quite a low level of government debt/GDP. We can therefore afford significant borrowing to dig ...