New Zealand is struggling to stay ahead of its vital infrastructure needs, and the numbers show it.
The New Zealand Infrastructure Commission recently identified NZ$204 billion of required infrastructural spend, most of which is currently unfunded. At the same time, the nation’s debt-to-GDP ratio hit an all-time high of 44.4% in September 2024.
That’s not as eye-wateringly high as the United States (124%), the UK (101%) or Japan (216.3%) – but it’s bad enough at a time when crucial infrastructure spending is overdue.
