New Zealand - Interest payments

Interest payments (current LCU)

The value for Interest payments (current LCU) in New Zealand was 3,499,510,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 4,948,000,000 in 1987 and a minimum value of 185,000,000 in 1972.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 185,000,000
1973 200,000,000
1974 221,000,000
1975 270,000,000
1976 367,000,000
1977 464,000,000
1978 591,000,000
1979 758,000,000
1980 892,000,000
1981 1,203,000,000
1982 1,476,000,000
1983 2,015,000,000
1984 2,530,000,000
1985 3,302,000,000
1986 4,070,000,000
1987 4,948,000,000
1988 4,487,000,000
2001 2,544,100,000
2002 2,192,314,000
2003 2,493,512,000
2004 2,518,712,000
2005 2,658,047,000
2006 2,456,000,000
2007 2,254,000,000
2008 1,337,000,000
2009 2,294,790,000
2010 2,511,120,000
2011 3,238,180,000
2012 3,621,150,000
2013 3,777,700,000
2014 3,544,400,000
2015 3,668,840,000
2016 3,560,690,000
2017 3,536,370,000
2018 3,502,710,000
2019 3,499,510,000

Interest payments (% of revenue)

Interest payments (% of revenue) in New Zealand was 3.29 as of 2019. Its highest value over the past 47 years was 19.68 in 1986, while its lowest value was 1.94 in 2008.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 8.64
1973 7.62
1974 7.08
1975 7.72
1976 8.58
1977 9.01
1978 10.46
1979 11.11
1980 11.33
1981 12.34
1982 13.17
1983 17.21
1984 18.48
1985 19.55
1986 19.68
1987 18.61
1988 16.63
2001 5.95
2002 4.85
2003 5.01
2004 4.71
2005 4.51
2006 3.85
2007 3.42
2008 1.94
2009 3.31
2010 3.80
2011 4.48
2012 5.01
2013 4.98
2014 4.46
2015 4.38
2016 4.04
2017 3.77
2018 3.56
2019 3.29

Interest payments (% of expense)

Interest payments (% of expense) in New Zealand was 3.60 as of 2019. Its highest value over the past 47 years was 18.94 in 1985, while its lowest value was 2.16 in 2008.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 9.07
1973 8.34
1974 7.90
1975 7.55
1976 9.22
1977 9.45
1978 9.76
1979 10.82
1980 10.60
1981 11.32
1982 11.94
1983 14.89
1984 16.29
1985 18.94
1986 18.74
1987 18.46
1988 16.33
2001 6.26
2002 5.28
2003 5.53
2004 5.35
2005 5.26
2006 4.55
2007 3.86
2008 2.16
2009 3.46
2010 3.61
2011 3.79
2012 4.75
2013 4.90
2014 4.51
2015 4.56
2016 4.27
2017 4.07
2018 3.85
2019 3.60

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance