Households Debt in New Zealand increased to 94.60 percent of GDP in the second quarter of 2019 from 94.40 percent of GDP in the first quarter of 2019. Households Debt To GDP in New Zealand averaged 70.86 percent of GDP from 1990 until 2019, reaching an all time high of 94.60 percent of GDP in the second quarter of 2019 and a record low of 27.90 percent of GDP in the fourth quarter of 1990. source: Bank for International Settlements
Households Debt To GDP in New Zealand is expected to be 93.90 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in New Zealand to stand at 93.30 in 12 months time. In the long-term, the New Zealand Households Debt To GDP is projected to trend around 93.60 percent of GDP in 2020, according to our econometric models.