Bank credit to bank deposits in New Zealand
New Zealand: Bank credit to bank deposits was 131.9% in 2021. ▲ Rising
Latest (2021)
131.9%
Change on year
down 0.0%
World rank
18th
of 186 countries
All-time high
162.0%
in 2009
All-time low
49.7%
in 1972
Years of data
59
1960–2021
Bank credit to bank deposits in New Zealand, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in New Zealand stood at 131.9%.
That represents a change of down 15.8% over ten years.
Over the whole period, bank credit to bank deposits in New Zealand peaked at 162.0% in 2009 and was at its lowest, 49.7%, in 1972.
New Zealand ranks 18th of 186 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 59 years of available data.
Bank credit to bank deposits in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 54.9% | — |
| 1961 | 62.6% | +14.0% |
| 1962 | 58.9% | -5.9% |
| 1963 | 58.1% | -1.3% |
| 1964 | 56.1% | -3.4% |
| 1965 | 61.9% | +10.3% |
| 1966 | 61.2% | -1.2% |
| 1967 | 59.5% | -2.7% |
| 1968 | 67.3% | +13.1% |
| 1969 | 65.2% | -3.1% |
| 1971 | 64.0% | -1.8% |
| 1972 | 49.7% | -22.3% |
| 1973 | 59.0% | +18.7% |
| 1974 | 72.8% | +23.3% |
| 1975 | 70.0% | -3.8% |
| 1976 | 71.2% | +1.8% |
| 1977 | 73.1% | +2.6% |
| 1978 | 71.9% | -1.6% |
| 1979 | 71.1% | -1.1% |
| 1980 | 74.1% | +4.2% |
| 1981 | 80.2% | +8.2% |
| 1982 | 78.2% | -2.6% |
| 1983 | 80.0% | +2.4% |
| 1984 | 78.9% | -1.3% |
| 1985 | 74.8% | -5.3% |
| 1986 | 84.1% | +12.5% |
| 1987 | 91.4% | +8.7% |
| 1988 | 112.5% | +23.0% |
| 1989 | 113.5% | +0.9% |
| 1990 | 106.5% | -6.1% |
| 1991 | 110.0% | +3.3% |
| 1992 | 116.1% | +5.5% |
| 1993 | 115.5% | -0.5% |
| 1994 | 117.0% | +1.3% |
| 1995 | 122.2% | +4.4% |
| 1996 | 118.6% | -2.9% |
| 1997 | 123.7% | +4.3% |
| 1998 | 131.6% | +6.4% |
| 1999 | 133.9% | +1.7% |
| 2000 | 139.8% | +4.5% |
| 2001 | 136.1% | -2.7% |
| 2002 | 136.1% | +0.0% |
| 2003 | 139.7% | +2.6% |
| 2004 | 149.4% | +6.9% |
| 2005 | 156.9% | +5.0% |
| 2006 | 159.3% | +1.5% |
| 2007 | 161.8% | +1.6% |
| 2008 | 159.6% | -1.3% |
| 2009 | 162.0% | +1.5% |
| 2010 | 156.7% | -3.3% |
| 2013 | 154.4% | -1.5% |
| 2014 | 151.4% | -1.9% |
| 2015 | 148.1% | -2.2% |
| 2016 | 146.8% | -0.9% |
| 2017 | 143.8% | -2.0% |
| 2018 | 142.2% | -1.1% |
| 2019 | 143.5% | +0.9% |
| 2020 | 131.9% | -8.1% |
| 2021 | 131.9% | -0.0% |
New Zealand compared with similar countries
- New Zealand's 131.9% is above the median for high income countries, which is 81.6%, 1.6× the median. (61 countries reporting)
- New Zealand's 131.9% is above the median for East Asia & Pacific, which is 77.0%, 1.7× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 60.6% | 54.9% | 67.3% | 10 |
| 1970s | 67.0% | 49.7% | 73.1% | 9 |
| 1980s | 86.8% | 74.1% | 113.5% | 10 |
| 1990s | 119.5% | 106.5% | 133.9% | 10 |
| 2000s | 150.1% | 136.1% | 162.0% | 10 |
| 2010s | 148.4% | 142.2% | 156.7% | 8 |
| 2020s | 131.9% | 131.9% | 131.9% | 2 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in New Zealand?
- Bank credit to bank deposits in New Zealand was 131.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in New Zealand?
- The highest recorded value was 162.0% in 2009.
- What is the lowest bank credit to bank deposits recorded in New Zealand?
- The lowest recorded value was 49.7% in 1972.
- How does New Zealand rank for bank credit to bank deposits?
- New Zealand ranks 18th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in New Zealand?
- Over the last ten years it is down 15.8%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).