Live side-by-side comparison of government debt. Japan currently owes about 91.8× more — a gap of $10.13 trillion. Updated every second from IMF baselines.
By total government debt, New Zealand ranks 53rd-largest and Japan ranks 3rd-largest among the 137 sovereigns tracked on this site.
On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the national debt in Japan is roughly 3.8× that in New Zealand ($82,632 vs $21,891 per person).
The debt-to-GDP picture is asymmetric here: Japan sits at 230% of GDP, well above New Zealand's 55%, meaning Japan owes far more relative to the size of its own economy — even where the nominal, dollar-for-dollar comparison above suggests otherwise.
The gap between them is widening: Japan's debt is growing faster in dollar terms ($4K/sec vs $159/sec for New Zealand), adding roughly $349,142,400 to the difference each day.
Scale is part of the story too: Japan's population (124M) is about 24.3× New Zealand's (5M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.
New Zealand and Japan are both grouped under this site's “Asia-Pacific” region, so this is, in effect, an intra-regional comparison as well.
This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.