Net lending (+) / net borrowing (-) in New Zealand
New Zealand: Net lending (+) / net borrowing (-) was -2.3% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in New Zealand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net lending (+) / net borrowing (-) in New Zealand stood at -2.3%.
The figure is up 25.4% on the previous year and down 432.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in New Zealand peaked at 4.6% in 2006 and was at its lowest, -6.6%, in 2011.
That places New Zealand 79th out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | -1.1% | — |
| 1973 | 0.2% | -118.1% |
| 1974 | 0.2% | -14.0% |
| 1975 | -3.2% | -2032.2% |
| 1976 | 0.1% | -101.5% |
| 1977 | -0.5% | -1107.4% |
| 1978 | -4.2% | +741.0% |
| 1979 | -2.5% | -41.9% |
| 1980 | -3.8% | +55.5% |
| 1981 | -4.5% | +17.4% |
| 1982 | -5.0% | +11.9% |
| 1983 | -6.4% | +27.8% |
| 1984 | -5.9% | -9.0% |
| 1985 | -2.9% | -50.6% |
| 1986 | -3.2% | +11.3% |
| 1987 | -1.8% | -45.4% |
| 1988 | -1.9% | +8.0% |
| 2002 | 1.6% | -185.8% |
| 2003 | 2.8% | +72.1% |
| 2004 | 3.5% | +26.5% |
| 2005 | 4.3% | +22.3% |
| 2006 | 4.6% | +6.9% |
| 2007 | 3.0% | -35.2% |
| 2008 | 3.1% | +4.0% |
| 2009 | 0.4% | -85.7% |
| 2010 | -2.6% | -689.4% |
| 2011 | -6.6% | +149.8% |
| 2012 | -2.3% | -64.2% |
| 2013 | -1.0% | -55.7% |
| 2014 | -0.4% | -58.0% |
| 2015 | 0.3% | -163.5% |
| 2016 | 0.8% | +173.0% |
| 2017 | 1.4% | +86.7% |
| 2018 | 1.4% | +2.4% |
| 2019 | 1.3% | -8.7% |
| 2020 | -5.6% | -524.9% |
| 2021 | -2.1% | -63.4% |
| 2022 | -3.8% | +85.8% |
| 2023 | -3.1% | -18.3% |
| 2024 | -2.3% | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.4% | -4.2% | 0.2% | 8 |
| 1980s | -3.9% | -6.4% | -1.8% | 9 |
| 2000s | 2.9% | 0.4% | 4.6% | 8 |
| 2010s | -0.8% | -6.6% | 1.4% | 10 |
| 2020s | -3.4% | -5.6% | -2.1% | 5 |
Countries ranked near New Zealand
- 76 Georgia -2.1% compare
- 77 Fiji -2.2% compare
- 78 Saint Kitts and Nevis -2.3% compare
- 80 Tanzania, United Republic of -2.4% compare
- 81 Saudi Arabia -2.5% compare
- 82 Bhutan -2.5% compare
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 lending (+) / net borrowing (-) in New Zealand?
- Net lending (+) / net borrowing (-) in New Zealand was -2.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in New Zealand?
- The highest recorded value was 4.6% in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in New Zealand?
- The lowest recorded value was -6.6% in 2011.
- How does New Zealand rank for net lending (+) / net borrowing (-)?
- New Zealand ranks 79th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in New Zealand?
- Over the last ten years it is down 432.9%. 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.