New Zealand vs Singapore: Domestic credit to private sector
Domestic credit to private sector over time
- New Zealand
- Singapore
How they compare
New Zealand currently reports 143.4% against 128.4% in Singapore, a difference of 15.0%.
That makes New Zealand's figure about 1.1 times Singapore's.
Across all 7 years both countries report, New Zealand has been ahead every year.
New Zealand ranks 8th and Singapore ranks 11th of 187 countries.
New Zealand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | New Zealand | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 153.0% | 121.8% | 31.2% | New Zealand |
| 2020s | 159.3% | 128.4% | 30.9% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, New Zealand or Singapore?
- New Zealand, at 143.4% against 128.4% in Singapore as of 2025.
- What is the difference in domestic credit to private sector between New Zealand and Singapore?
- 15.0%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Singapore?
- 7 years are reported by both, from 2014 to 2020.
- How do New Zealand and Singapore rank globally for domestic credit to private sector?
- New Zealand ranks 8th and Singapore ranks 11th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.