New Zealand vs Singapore: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- New Zealand
- Singapore
How they compare
New Zealand currently reports 129.7% against 128.4% in Singapore, a difference of 1.3%.
The two have swapped places 9 times across 56 shared years of data; in 1963 it was Singapore ahead.
New Zealand ranks 7th and Singapore ranks 8th of 187 countries.
Across the 7 decades both report, New Zealand averaged higher in 3 and Singapore in 4.
Head to head by decade
| Decade | New Zealand | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 13.6% | 37.5% | 23.9% | Singapore |
| 1970s | 17.0% | 54.9% | 37.9% | Singapore |
| 1980s | 32.4% | 80.4% | 48.0% | Singapore |
| 1990s | 88.8% | 89.1% | 0.3% | Singapore |
| 2000s | 120.4% | 96.7% | 23.7% | New Zealand |
| 2010s | 142.2% | 118.7% | 23.4% | New Zealand |
| 2020s | 143.7% | 128.4% | 15.3% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, New Zealand or Singapore?
- New Zealand, at 129.7% against 128.4% in Singapore as of 2025.
- What is the difference in monetary sector credit to private sector between New Zealand and Singapore?
- 1.3%, with New Zealand ahead.
- How many years of comparable data are there for New Zealand and Singapore?
- 56 years are reported by both, from 1963 to 2020.
- How do New Zealand and Singapore rank globally for monetary sector credit to private sector?
- New Zealand ranks 7th and Singapore ranks 8th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% 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. 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.