Mexico vs New Zealand: Central government debt, total
Central government debt, total over time
- Mexico
- New Zealand
How they compare
New Zealand currently reports 52.0% against 50.3% in Mexico, a difference of 1.7%.
The two have swapped places 1 time across 6 shared years of data; in 2019 it was Mexico ahead.
Mexico ranks 47th and New Zealand ranks 45th of 83 countries.
Across the 2 decades both report, Mexico averaged higher in 1 and New Zealand in 1.
Head to head by decade
| Decade | Mexico | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 41.3% | 32.8% | 8.6% | Mexico |
| 2020s | 46.0% | 50.6% | 4.5% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, Mexico or New Zealand?
- New Zealand, at 52.0% against 50.3% in Mexico as of 2024.
- What is the difference in central government debt, total between Mexico and New Zealand?
- 1.7%, with New Zealand ahead.
- How many years of comparable data are there for Mexico and New Zealand?
- 6 years are reported by both, from 2019 to 2024.
- How do Mexico and New Zealand rank globally for central government debt, total?
- Mexico ranks 47th and New Zealand ranks 45th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.