Interest payments in New Zealand
New Zealand: Interest payments was 6.90 billion current LCU in 2024. ◆ Volatile
Interest payments in New Zealand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in New Zealand is 6.90 billion current LCU, measured in 2024. That is the highest value across all 41 years on record.
That represents a change of up 22.6% on the previous year and up 94.7% over ten years.
Over the whole period, interest payments in New Zealand peaked at 6.90 billion current LCU in 2024 and was at its lowest, 185.00 million current LCU, in 1972.
That places New Zealand 93rd out of 155 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 382.00 million current LCU | 185.00 million current LCU | 758.00 million current LCU | 8 |
| 1980s | 2.77 billion current LCU | 892.00 million current LCU | 4.95 billion current LCU | 9 |
| 2000s | 2.31 billion current LCU | 1.34 billion current LCU | 2.66 billion current LCU | 9 |
| 2010s | 3.45 billion current LCU | 2.51 billion current LCU | 3.78 billion current LCU | 10 |
| 2020s | 4.63 billion current LCU | 3.21 billion current LCU | 6.90 billion current LCU | 5 |
Countries ranked near New Zealand
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Tax revenue 29.5% (2024)
- Taxes on income, profits and capital gains 56.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 2.8% (2024)
- Net lending (+) / net borrowing (-) -2.3% (2024)
- Interest payments 4.7% (2024)
- Grants and other revenue 12.0% (2024)
- Interest payments 3.0% (2022)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is interest payments in New Zealand?
- Interest payments in New Zealand was 6.90 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in New Zealand?
- The highest recorded value was 6.90 billion current LCU in 2024.
- What is the lowest interest payments recorded in New Zealand?
- The lowest recorded value was 185.00 million current LCU in 1972.
- How does New Zealand rank for interest payments?
- New Zealand ranks 93rd out of 155 countries with data for 2024.
- Is interest payments rising or falling in New Zealand?
- Over the last ten years it is up 94.7%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.