Net lender
At -0.4 percent of nominal Gross Domestic Product (GDP) in 2004, the net debt and interest payments of the New Zealand Government were the fourth-lowest of 26 OECD countries. The negative figure means the New Zealand Government is a net lender. In the same period, Norway, Korea, Luxembourg and Sweden also had governments that were net lenders. Norway’s recorded net debt and interest payments of -3.8 percent of nominal GDP was the lowest
of the 26 OECD countries. |
General Government Net Debt and Interest Payments as a percentage of nominal GDP, 2004
| |
Percent |
| OECD |
1.9 |
| New Zealand |
-0.4 | |