Bank cost to income ratio in New Zealand

New Zealand: Bank cost to income ratio was 42.6% in 2021. ▼ Falling

Latest (2021)
42.6%
Change on year
down 7.8%
World rank
145th
of 169 countries
All-time high
51.9%
in 2006
All-time low
39.2%
in 2018
Years of data
16
2006–2021

Bank cost to income ratio in New Zealand, 2006–2021

02040602006201320212006: 51.9 %2007: 41.6 %2008: 46.9 %2009: 42 %2010: 48.2 %2011: 48.1 %2012: 47.4 %2013: 43.6 %2014: 42.6 %2015: 39.3 %2016: 41.4 %2017: 40.6 %2018: 39.2 %2019: 40.9 %2020: 46.2 %2021: 42.6 %

Source: Bankscope, Bureau van Dijk (BvD). Measured in %.

Analysis

The most recent figure for bank cost to income ratio in New Zealand is 42.6%, measured in 2021.

Compared with earlier readings it is down 7.8% on the previous year and down 11.5% over ten years.

Over the whole period, bank cost to income ratio in New Zealand peaked at 51.9% in 2006 and was at its lowest, 39.2%, in 2018.

New Zealand ranks 145th of 169 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 16 years of available data.

Bank cost to income ratio in New Zealand, year by year

Annual values for Bank cost to income ratio (%) in New Zealand, 2006 to 2021.
Year % Change
2006 51.9%
2007 41.6% -19.8%
2008 46.9% +12.7%
2009 42.0% -10.4%
2010 48.2% +14.8%
2011 48.1% -0.2%
2012 47.4% -1.5%
2013 43.6% -8.1%
2014 42.6% -2.1%
2015 39.3% -7.8%
2016 41.4% +5.3%
2017 40.6% -2.0%
2018 39.2% -3.5%
2019 40.9% +4.4%
2020 46.2% +12.9%
2021 42.6% -7.8%

New Zealand compared with similar countries

  • New Zealand's 42.6% is below the median for high income countries, which is 56.2%, 76% of the median. (62 countries reporting)
  • New Zealand's 42.6% is below the median for East Asia & Pacific, which is 46.8%, 91% of the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 45.6% 41.6% 51.9% 4
2010s 43.1% 39.2% 48.2% 10
2020s 44.4% 42.6% 46.2% 2

Countries ranked near New Zealand

  1. 142 Burkina Faso 43.2% compare
  2. 143 Tajikistan 43.1% compare
  3. 144 Rwanda 43.0% compare
  4. 146 Uzbekistan 42.3% compare
  5. 147 Kenya 42.2% compare
  6. 148 Norway 42.1% compare

See the full ranking of 169 places →

More financial sector data for New Zealand

All data for New Zealand →

Frequently asked questions

What is bank cost to income ratio in New Zealand?
Bank cost to income ratio in New Zealand was 42.6% in 2021, according to Bankscope, Bureau van Dijk (BvD).
What is the highest bank cost to income ratio recorded in New Zealand?
The highest recorded value was 51.9% in 2006.
What is the lowest bank cost to income ratio recorded in New Zealand?
The lowest recorded value was 39.2% in 2018.
How does New Zealand rank for bank cost to income ratio?
New Zealand ranks 145th out of 169 countries with data for 2021.
Is bank cost to income ratio rising or falling in New Zealand?
Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
Where does this New Zealand data come from?
The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.

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Bank cost to income ratio in New Zealand. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 14 September 2026, from https://financial-sector.statizoid.com/stat/bank-cost-to-income-ratio-percent/new-zealand/

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About this data

Indicator
Bank cost to income ratio (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 3,210 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.