Everyone pays - if not on your own debt, on the debt of others. When you spend money on goods and services, pay taxes or rates you are contributing to the payment of interest on their debt!
The above table shows Total Debt ($m), Average Interest Rates (%) and the Amount of Interest Paid on that debt in dollars. Data is sourced from: Reserve Bank of New Zealand.
Hover the pointer over the graph columns to see data details.
The above table shows Amount of Interest per person,Total Debt ($b), Average Interest Rates (%) and the population of New Zealand. Data is sourced from: Reserve Bank of New Zealand.
Hover the pointer over the graph columns to see data details.
The above table shows Amount of Interest paid ($b), Gross National Product (GDP) in current dollars ($b), Interest Expense as a percentage of GDP (%) . Data is sourced from: Reserve Bank of New Zealand and Statistics New Zealand.
Hover the pointer over the graph columns to see data details.