Australia vs New Zealand: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Australia
- New Zealand
How they compare
New Zealand currently reports 144.3% against 133.0% in Australia, a difference of 11.3%.
That makes New Zealand's figure about 1.1 times Australia's.
The two have swapped places 1 time across 59 shared years of data; in 1960 it was Australia ahead.
Australia ranks 12th and New Zealand ranks 9th of 187 countries.
Across the 7 decades both report, Australia averaged higher in 3 and New Zealand in 4.
Head to head by decade
| Decade | Australia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 19.7% | 11.9% | 7.8% | Australia |
| 1970s | 25.0% | 14.3% | 10.6% | Australia |
| 1980s | 34.7% | 30.6% | 4.1% | Australia |
| 1990s | 67.6% | 89.8% | 22.3% | New Zealand |
| 2000s | 103.3% | 122.1% | 18.8% | New Zealand |
| 2010s | 131.8% | 144.1% | 12.3% | New Zealand |
| 2020s | 138.1% | 145.1% | 7.0% | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Australia or New Zealand?
- New Zealand, at 144.3% against 133.0% in Australia as of 2021.
- What is the difference in private credit by deposit money banks to gdp between Australia and New Zealand?
- 11.3%, with New Zealand ahead.
- How many years of comparable data are there for Australia and New Zealand?
- 59 years are reported by both, from 1960 to 2021.
- How do Australia and New Zealand rank globally for private credit by deposit money banks to gdp?
- Australia ranks 12th and New Zealand ranks 9th of 187 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).