New Zealand - Government Debt to GDP 2008
18.97%
+2.66% from 2007
New Zealand's government debt to gdp was 18.97% in 2008, increased +2.66% from 16.31% in 2007. This was the 39th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Equatorial Guinea | 0.49% | -35.3% |
| 2nd | Brunei Darussalam | 0.94% | 37.5% |
| 3rd | Hong Kong SAR, China | 0.99% | -16.7% |
| 4th | Oman | 3.20% | -28.0% |
| 5th | Azerbaijan | 3.22% | -19.5% |
| 6th | Turkmenistan | 3.56% | 16.3% |
| 7th | Estonia | 4.67% | 19.6% |
| 8th | Chile | 4.92% | 26.0% |
| 9th | Nigeria | 5.17% | -10.4% |
| 10th | Kuwait | 5.38% | -23.7% |
| 11th | Kazakhstan | 6.77% | 65.3% |
| 12th | Russian Federation | 7.45% | -7.3% |
| 13th | Algeria | 7.64% | -40.3% |
| 14th | Botswana | 7.80% | 31.4% |
| 15th | Uzbekistan | 8.33% | -12.8% |
| 16th | United Arab Emirates | 8.95% | 0.6% |
| 17th | Iran, Islamic Republic of | 10.56% | -21.6% |
| 18th | Cameroon | 11.15% | -19.2% |
| 19th | Qatar | 11.36% | 21.3% |
| 20th | Australia | 11.74% | 21.5% |
| 21st | Bahrain | 12.05% | -23.1% |
| 22nd | Saudi Arabia | 12.06% | -29.6% |
| 23rd | Romania | 13.00% | 4.6% |
| 24th | Kiribati | 13.85% | 24.6% |
| 25th | Niger | 14.17% | -20.5% |
| 26th | Trinidad and Tobago | 14.25% | -15.6% |
| 27th | Lithuania | 14.59% | -8.2% |
| 28th | Eswatini | 14.61% | -9.5% |
| 29th | Luxembourg | 14.63% | 80.8% |
| 30th | Bulgaria | 14.70% | -16.4% |
| 31st | Suriname | 14.77% | -10.0% |
| 32nd | San Marino | 15.49% | 22.7% |
| 33rd | Uganda | 15.65% | -7.8% |
| 34th | Chad | 15.66% | -11.2% |
| 35th | Paraguay | 16.04% | -4.6% |
| 36th | Armenia | 16.15% | 0.3% |
| 37th | Rwanda | 18.28% | -17.3% |
| 38th | Benin | 18.31% | 28.1% |
| 39th | New Zealand | 18.97% | 16.3% |
| 40th | Afghanistan | 19.06% | -5.4% |
| 41st | Senegal | 19.07% | 0.6% |
| 42nd | Namibia | 19.10% | -1.4% |
| 43rd | Zambia | 19.19% | -12.4% |
| 44th | Latvia | 19.32% | 114.7% |
| 45th | Guatemala | 19.57% | -5.8% |
| 46th | Tuvalu | 19.75% | -39.0% |
| 47th | Gabon | 20.05% | -48.9% |
| 48th | Mali | 20.10% | 8.4% |
| 49th | Belarus | 20.30% | 28.3% |
| 50th | Ukraine | 20.41% | 66.4% |
| 51st | North Macedonia | 20.64% | -12.3% |
| 52nd | Vanuatu | 21.21% | 8.9% |
| 53rd | Papua New Guinea | 21.56% | -2.7% |
| 54th | Tanzania | 21.64% | -8.9% |
| 55th | Slovenia | 21.89% | -4.6% |
| 56th | Moldova | 22.20% | -21.5% |
| 57th | Honduras | 22.32% | -7.1% |
| 58th | Cambodia | 22.95% | -8.4% |
| 59th | West Bank and Gaza | 22.98% | -3.1% |
| 60th | Ghana | 23.19% | 10.1% |
| 61st | Malawi | 23.52% | 24.2% |
| 62nd | Costa Rica | 24.01% | -11.0% |
| 63rd | South Africa | 24.05% | -1.2% |
| 64th | Burkina Faso | 24.87% | 10.9% |
| 65th | Ecuador | 24.87% | -16.1% |
| 66th | Bahamas, The | 25.34% | 7.9% |
| 67th | Korea | 25.86% | -1.9% |
| 68th | Nicaragua | 26.00% | -15.9% |
| 69th | Georgia | 26.35% | 16.9% |
| 70th | China | 26.72% | -6.9% |
| 71st | Andorra | 27.75% | 32.9% |
| 72nd | Angola | 28.12% | 49.6% |
| 73rd | Peru | 28.13% | -11.7% |
| 74th | Czechia | 28.16% | 3.0% |
| 75th | Samoa | 28.18% | -10.4% |
| 76th | Slovak Republic | 28.63% | -5.7% |
| 77th | Solomon Islands | 28.93% | -12.4% |
| 78th | Micronesia, Federated States of | 29.17% | 12.0% |
| 79th | Serbia | 29.41% | -2.0% |
| 80th | Tajikistan | 30.23% | -11.8% |
| 81st | Indonesia | 30.25% | -20.6% |
| 82nd | Bosnia and Herzegovina | 30.32% | 66.9% |
| 83rd | Mongolia | 30.99% | -14.2% |
| 84th | Madagascar | 31.01% | 9.9% |
| 85th | Viet Nam | 31.05% | -3.6% |
| 86th | Palau | 32.04% | -4.8% |
| 87th | Colombia | 32.38% | -0.9% |
| 88th | Finland | 32.56% | -4.0% |
| 89th | Mozambique | 32.76% | 5.0% |
| 90th | Comoros | 33.22% | -6.7% |
| 91st | Dominican Republic | 33.63% | 2.2% |
| 92nd | Bangladesh | 33.87% | -3.2% |
| 93rd | Haiti | 33.92% | 38.8% |
| 94th | Tonga | 34.01% | -10.1% |
| 95th | Montenegro | 34.22% | 7.7% |
| 96th | Kenya | 34.25% | 0.2% |
| 97th | Thailand | 34.95% | -2.9% |
| 98th | Denmark | 35.54% | 20.5% |
| 99th | Central African Republic | 35.77% | -25.3% |
| 100th | Yemen, Republic of | 36.42% | -9.9% |
| 101st | Nepal | 36.76% | -3.0% |
| 102nd | Bolivia, Plurinational State of | 36.79% | -8.1% |
| 103rd | Syrian Arab Republic | 37.32% | -12.5% |
| 104th | Türkiye | 37.51% | -0.1% |
| 105th | Sweden | 37.95% | -3.2% |
| 106th | Croatia | 38.92% | 5.0% |
| 107th | Maldives | 38.96% | 8.7% |
| 108th | Malaysia | 39.36% | 0.0% |
| 109th | Gambia, The | 39.53% | 4.0% |
| 110th | Spain | 39.61% | 11.0% |
| 111th | Panama | 40.02% | -15.6% |
| 112th | Aruba | 40.31% | -9.5% |
| 113th | Mexico | 40.61% | 14.3% |
| 114th | Puerto Rico (US) | 40.76% | 10.5% |
| 115th | Zimbabwe | 41.34% | 36.7% |
| 116th | Tunisia | 41.36% | -3.1% |
| 117th | Morocco | 41.99% | -10.8% |
| 118th | Ireland | 42.51% | 77.5% |
| 119th | Marshall Islands | 44.06% | 4.3% |
| 120th | Cyprus | 44.13% | -17.0% |
| 121st | Switzerland | 44.82% | 0.1% |
| 122nd | Sierra Leone | 46.06% | 74.6% |
| 123rd | Uruguay | 46.21% | -12.5% |
| 124th | Poland | 46.56% | 4.8% |
| 125th | St. Lucia | 46.90% | -2.7% |
| 126th | Lesotho | 47.03% | -5.2% |
| 127th | Norway | 47.55% | -4.0% |
| 128th | Fiji | 47.93% | 3.2% |
| 129th | Guyana | 48.25% | 1.1% |
| 130th | Mauritius | 48.76% | -0.1% |
| 131st | Kyrgyz Republic | 49.01% | -15.1% |
| 132nd | Pakistan | 49.48% | 11.9% |
| 133rd | Philippines | 50.01% | -0.3% |
| 134th | St. Vincent and the Grenadines | 50.23% | 3.7% |
| 135th | United Kingdom | 50.83% | 17.7% |
| 136th | Côte d'Ivoire | 51.24% | -4.3% |
| 137th | Lao PDR | 51.72% | -7.5% |
| 138th | Jordan | 53.18% | -17.4% |
| 139th | Argentina | 53.81% | -13.4% |
| 140th | El Salvador | 54.21% | 3.9% |
| 141st | Netherlands | 54.35% | 27.2% |
| 142nd | Albania | 55.14% | 3.0% |
| 143rd | Sudan | 55.76% | 3.8% |
| 144th | Mauritania | 57.24% | -6.9% |
| 145th | Cabo Verde | 57.49% | -3.5% |
| 146th | Guinea | 58.46% | -3.8% |
| 147th | Myanmar | 59.81% | -22.7% |
| 148th | Bhutan | 60.57% | -9.9% |
| 149th | São Tomé and Principe | 60.67% | -44.9% |
| 150th | Brazil | 61.42% | -2.5% |
| 151st | Malta | 61.53% | -0.8% |
| 152nd | Dominica | 64.36% | -10.3% |
| 153rd | Belize | 64.67% | -2.7% |
| 154th | Germany | 65.17% | 2.3% |
| 155th | Egypt, Arab Republic of | 66.76% | -12.5% |
| 156th | Antigua and Barbuda | 66.84% | -2.6% |
| 157th | Togo | 67.31% | -4.5% |
| 158th | Sri Lanka | 68.78% | -4.3% |
| 159th | Austria | 69.53% | 5.6% |
| 160th | Congo, Republic of | 69.60% | -25.8% |
| 161st | France | 69.82% | 6.6% |
| 162nd | Israel | 70.24% | -0.8% |
| 163rd | Canada | 70.36% | 4.7% |
| 164th | Hungary | 71.80% | 9.5% |
| 165th | Barbados | 73.79% | 7.5% |
| 166th | United States | 73.85% | 13.7% |
| 167th | Iraq | 74.17% | -36.7% |
| 168th | India | 74.34% | -1.4% |
| 169th | Portugal | 75.64% | 4.0% |
| 170th | Congo, Democratic Republic of | 80.30% | -5.6% |
| 171st | Grenada | 83.91% | -5.8% |
| 172nd | Belgium | 93.16% | 6.7% |
| 173rd | Singapore | 97.85% | 11.5% |
| 174th | Burundi | 102.52% | -20.9% |
| 175th | Italy | 105.80% | 2.3% |
| 176th | Iceland | 109.31% | 62.1% |
| 177th | Greece | 110.91% | 6.0% |
| 178th | St. Kitts and Nevis | 123.41% | -8.9% |
| 179th | Jamaica | 123.81% | 11.0% |
| 180th | Guinea-Bissau | 148.82% | -9.2% |
| 181st | Lebanon | 161.49% | -4.6% |
| 182nd | Japan | 180.85% | 4.6% |
| 183rd | Seychelles | 192.10% | 33.4% |
| 184th | Liberia | 235.28% | -35.9% |
| 185th | Eritrea | 259.67% | 29.0% |
FAQ
What was New Zealand's government debt to gdp in 2008?▾
New Zealand's government debt to gdp in 2008 was 18.97%. This ranked 39th globally.
How did New Zealand's government debt to gdp change in 2008?▾
New Zealand's government debt to gdp increased by 16.3% in 2008 compared to 2007.
Which country had the highest government debt to gdp in 2008?▾
Eritrea had the highest government debt to gdp in 2008 at 259.67%.
What is the government debt to gdp of New Zealand in 2008?▾
The government debt to gdp of New Zealand in 2008 was 18.97%. This ranked 39th globally.
How does 2008 compare to 2007 for New Zealand's government debt to gdp?▾
New Zealand's government debt to gdp went from 16.31% in 2007 to 18.97% in 2008, a 16.3% increase.
Related
2007
2009
All years
Full ranking 2008
Tax Revenue
Government Spending
Military Spending
Health Spending
Budget Deficit
Peak: 1986
Lowest: 2007
Government Debt to GDP 1990s
Government Debt to GDP 2000s
Government Debt to GDP 2010s
Government Debt to GDP 2020s
Highest ever
Lowest ever
Average
vs Andorra
vs Malta
vs France
vs United Arab Emirates
OECD Government Debt to GDP
Global Ranking