Bank deposits to GDP in New Zealand
New Zealand: Bank deposits to GDP was 109.4% in 2021. ▲ Rising
Bank deposits to GDP in New Zealand, 1988–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank deposits to gdp in New Zealand is 109.4%, measured in 2021.
That represents a change of down 1.1% on the previous year and up 19.3% over ten years.
Over the whole period, bank deposits to gdp in New Zealand peaked at 110.6% in 2020 and was at its lowest, 61.9%, in 1988.
New Zealand ranks 26th of 185 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Bank deposits to GDP in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1988 | 61.9% | — |
| 1989 | 63.9% | +3.4% |
| 1990 | 68.0% | +6.4% |
| 1991 | 70.3% | +3.4% |
| 1992 | 71.1% | +1.1% |
| 1993 | 70.6% | -0.8% |
| 1994 | 71.5% | +1.3% |
| 1995 | 73.5% | +2.7% |
| 1996 | 79.4% | +8.1% |
| 1997 | 81.9% | +3.1% |
| 1998 | 80.5% | -1.7% |
| 1999 | 81.9% | +1.8% |
| 2000 | 78.1% | -4.6% |
| 2001 | 79.9% | +2.3% |
| 2002 | 75.5% | -5.5% |
| 2003 | 78.1% | +3.5% |
| 2004 | 74.8% | -4.3% |
| 2005 | 77.9% | +4.2% |
| 2006 | 82.7% | +6.1% |
| 2007 | 84.8% | +2.6% |
| 2008 | 90.5% | +6.7% |
| 2009 | 88.8% | -1.9% |
| 2010 | 91.7% | +3.3% |
| 2013 | 92.8% | +1.2% |
| 2014 | 93.8% | +1.0% |
| 2015 | 98.6% | +5.1% |
| 2016 | 100.3% | +1.7% |
| 2017 | 100.1% | -0.1% |
| 2018 | 100.9% | +0.8% |
| 2019 | 99.8% | -1.1% |
| 2020 | 110.6% | +10.8% |
| 2021 | 109.4% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 62.9% | 61.9% | 63.9% | 2 |
| 1990s | 74.9% | 68.0% | 81.9% | 10 |
| 2000s | 81.1% | 74.8% | 90.5% | 10 |
| 2010s | 97.2% | 91.7% | 100.9% | 8 |
| 2020s | 110.0% | 109.4% | 110.6% | 2 |
Countries ranked near New Zealand
- 23 Aruba 111.1% compare
- 24 Cape Verde 109.8% compare
- 25 Nepal 109.5% compare
- 27 France 106.7% compare
- 28 Saint Kitts and Nevis 105.8% compare
- 29 United Arab Emirates 105.0% compare
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 deposits to gdp in New Zealand?
- Bank deposits to gdp in New Zealand was 109.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in New Zealand?
- The highest recorded value was 110.6% in 2020.
- What is the lowest bank deposits to gdp recorded in New Zealand?
- The lowest recorded value was 61.9% in 1988.
- How does New Zealand rank for bank deposits to gdp?
- New Zealand ranks 26th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in New Zealand?
- Over the last ten years it is up 19.3%. 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 deposits to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, 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. Bank deposits (IFS lines 24 and 25); 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).