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Gross sovereign-issued debt: NZ data and downloads

Gross sovereign-issued debt (GSID) was $164,038 million in 2021/22, up $32,782 million on a year earlier.

Updated

Source: The Treasury (New Zealand). Last retrieved 10 October 2026.

Gross sovereign-issued debt, $m, Year to Mar 1972 to 2021/22

Gross sovereign-issued debt (GSID)Gross debt
Gross sovereign-issued debt. Gross sovereign-issued debt (GSID), Year to Mar 1972 to 2021/22, latest $164,038 million. Gross debt, Year to Mar 1972 to 2024/25, latest $203,688 million.050,000100,000150,000200,000250,000New accounting basis, 1993/94New accounting basis, 2004/05Year to Mar 1972Year to Mar 19811989/901998/992007/082016/172025
Show the figures
PeriodGross sovereign-issued debt (GSID) ($m)Gross debt ($m)
2024/25No data$203,688 million
2023/24No data$175,966 million
2022/23No data$135,789 million
2021/22$164,038 million$118,950 million
2020/21$131,256 million$100,835 million
2019/20$124,145 million$102,257 million
2018/19$90,930 million$84,449 million
2017/18$95,437 million$88,053 million
2016/17$92,620 million$87,141 million
2015/16$93,283 million$86,928 million
2014/15$93,156 million$86,125 million
2013/14$88,468 million$81,956 million
2012/13$84,286 million$77,984 million
2011/12$84,168 million$79,635 million
2010/11$77,290 million$72,420 million
2009/10$58,891 million$53,591 million
2008/09$50,973 million$43,356 million
2007/08$37,745 million$31,390 million
2006/07$36,805 million$30,647 million
2005/06$35,866.9 million$33,902.9 million
Full data: gross sovereign issued debt
Gross sovereign-issued debt (GSID): $164,038 million (2021/22)Gross debt: $203,688 million (2024/25)
2025-06-30Gross sovereign-issued debt (GSID) Not availableGross debt $203,688 million
Gross sovereign-issued debt. Gross sovereign-issued debt (GSID): $164,038 million in 2021/22. Gross debt: $203,688 million in 2024/25.

Lines break at accounting-basis changes and missing periods. Source: The Treasury (New Zealand).

Gross sovereign-issued debt: NZ data and downloads: definitions

Debt issued by the core Crown, including Government stock held by the NZ Super Fund, GSF, ACC and EQC, it does not net off these internal holdings. Gross debt (which excludes Reserve Bank settlement cash and bills) is shown alongside.

Gross sovereign-issued debt: NZ data and downloads: comparison limits

These affect how the figures can be compared.

  • Gross measures ignore the financial assets the Crown holds; see net debt measures for that view.

Gross sovereign-issued debt: NZ data and downloads: data by period

The latest ten periods for up to the first six series. Downloads contain every published observation.

PeriodGross sovereign-issued debt (GSID)Gross sovereign-issued debt (GSID)Gross debtGross debt
2024/25Not availableNot available$203,688 million46.7% of GDP
2023/24Not availableNot available$175,966 million41.9% of GDP
2022/23Not availableNot available$135,789 million33.8% of GDP
2021/22$164,038 million45.6% of GDP$118,950 million32.5% of GDP
2020/21$131,256 million38.2% of GDP$100,835 million29.4% of GDP
2019/20$124,145 million39.1% of GDP$102,257 million32.2% of GDP
2018/19$90,930 million29.3% of GDP$84,449 million27.2% of GDP
2017/18$95,437 million32.3% of GDP$88,053 million29.8% of GDP
2016/17$92,620 million33.6% of GDP$87,141 million31.6% of GDP
2015/16$93,283 million36.0% of GDP$86,928 million33.6% of GDP

Gross sovereign-issued debt: NZ data and downloads: questions for your AI

Download the file, attach it in the assistant you use, then paste the prompt. Whatever it tells you is its reading of the data, not ours.

  1. 1Download gross-sovereign-issued-debt.csv
  2. 2Attach it in ChatGPT, Claude, Gemini or another assistant
  3. 3
    Paste this prompt

    The attached CSV is Gross sovereign-issued debt (gross-sovereign-issued-debt), from The Treasury (New Zealand), Fiscal Time Series – Historical Fiscal Indicators. Describe how each measure has changed, naming its unit and period. Treat changes in basis and missing periods as breaks. Distinguish observation from explanation. Limitations: Gross measures ignore the financial assets the Crown holds; see net debt measures for that view.. Do not infer causation from changes during government terms.

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Gross sovereign-issued debt: NZ data and downloads: sources

The source publication, licence and snapshot used to build this page.

Organisation
The Treasury (New Zealand), Fiscal Time Series – Historical Fiscal Indicators
Licence
Creative Commons Attribution 4.0 International (CC BY 4.0). Source: The Treasury, Fiscal Time Series – Historical Fiscal Indicators, licensed under CC BY 4.0. Figures transformed and calculated by NZ in Numbers.
Reuse limits
Treasury logos, emblems, trade marks and website design are not covered and must not be reused.
Snapshot
data/raw/treasury-hfi/2026-10-10_de59f9028a81.xlsx
SHA256
de59f9028a81a697ee66eea04861edfd8e2c3a7e472b3b8798d976951964f70f
Retrieved
10 October 2026