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Interest Payments on Government Debt (As % of Government Expense) in New Zealand

Source: World Bank
Last Updated: July 1, 2023

Interest payments on government debt as a share of government expense reached 2.69% in 2020 in New Zealand, according to the National Statistical Office. This is 25.3% less than in the previous year.

Historically, interest payments on government debt as a share of government expense in New Zealand reached an all time high of 18.9% in 1985 and an all time low of 2.16% in 2008.

New Zealand has been ranked 85th within the group of 110 countries we follow in terms of interest payments on government debt as a share of government expense.

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