Net incurrence of liabilities, total in New Zealand
New Zealand: Net incurrence of liabilities, total was 2.0% in 2008. ◆ Volatile
Net incurrence of liabilities, total in New Zealand, 2002–2008
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2008, net incurrence of liabilities, total in New Zealand stood at 2.0%. That is the highest value across all 5 years on record.
The figure is up 93.5% on the previous year and up 438.2% over ten years.
That places New Zealand 92nd out of 136 countries with data for 2008, putting it in the middle of the range.
Net incurrence of liabilities, total in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 0.4% | — |
| 2003 | 1.7% | +350.7% |
| 2004 | -0.6% | -136.7% |
| 2005 | 1.0% | -268.2% |
| 2008 | 2.0% | +93.5% |
Countries ranked near New Zealand
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 37.81 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -50.62 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 200.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 566.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0115 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.01 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.00 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,538 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in New Zealand?
- Net incurrence of liabilities, total in New Zealand was 2.0% in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in New Zealand?
- The highest recorded value was 2.0% in 2008.
- What is the lowest net incurrence of liabilities, total recorded in New Zealand?
- The lowest recorded value was -0.6% in 2004.
- How does New Zealand rank for net incurrence of liabilities, total?
- New Zealand ranks 92nd out of 136 countries with data for 2008.
- Is net incurrence of liabilities, total rising or falling in New Zealand?
- Over the last ten years it is up 438.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.