Australia vs New Zealand: Domestic credit to private sector
Australia
142.3%
in 2020
New Zealand
160.5%
in 2020
Australia rank
12th
New Zealand rank
9th
Domestic credit to private sector over time
- Australia
- New Zealand
How they compare
New Zealand currently reports 160.5% against 142.3% in Australia, a difference of 18.2%.
That makes New Zealand's figure about 1.1 times Australia's.
Across all 7 years both countries report, New Zealand has been ahead every year.
Australia ranks 12th and New Zealand ranks 9th of 187 countries.
New Zealand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 137.4% | 152.9% | 15.5% | New Zealand |
| 2020s | 142.3% | 160.5% | 18.2% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Australia or New Zealand?
- New Zealand, at 160.5% against 142.3% in Australia as of 2020.
- What is the difference in domestic credit to private sector between Australia and New Zealand?
- 18.2%, with New Zealand ahead.
- How many years of comparable data are there for Australia and New Zealand?
- 7 years are reported by both, from 2014 to 2020.
- How do Australia and New Zealand rank globally for domestic credit to private sector?
- Australia ranks 12th and New Zealand ranks 9th of 187 countries.
- Where does this data come from?
- World Development Indicators (WDI), World Bank, published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.