Bank lending-deposit spread in New Zealand
New Zealand: Bank lending-deposit spread was 1.46 in 2017. ▼ Falling
Bank lending-deposit spread in New Zealand, 1998–2017
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
In 2017, bank lending-deposit spread in New Zealand stood at 1.46.
Compared with earlier readings it is down 18.2% on the previous year and up 76.7% over ten years.
Over the whole period, bank lending-deposit spread in New Zealand peaked at 2.62 in 2009 and was at its lowest, 0.8282, in 2007.
That places New Zealand 118th out of 124 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Bank lending-deposit spread in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 2.22 | — |
| 1999 | 2.49 | +12.6% |
| 2000 | 1.45 | -41.7% |
| 2001 | 2.25 | +54.4% |
| 2002 | 1.84 | -17.9% |
| 2003 | 1.9 | +3.0% |
| 2004 | 1.33 | -29.9% |
| 2005 | 1.08 | -18.9% |
| 2006 | 1.28 | +18.3% |
| 2007 | 0.8282 | -35.1% |
| 2008 | 1.39 | +67.5% |
| 2009 | 2.62 | +88.7% |
| 2010 | 1.67 | -36.1% |
| 2011 | 1.84 | +9.8% |
| 2012 | 1.72 | -6.6% |
| 2013 | 1.71 | -0.6% |
| 2014 | 1.79 | +5.1% |
| 2015 | 2.03 | +13.3% |
| 2016 | 1.79 | -11.9% |
| 2017 | 1.46 | -18.2% |
New Zealand compared with similar countries
- New Zealand's 1.46 is below the median for high income countries, which is 3.8, 39% of the median. (37 countries reporting)
- New Zealand's 1.46 is below the median for East Asia & Pacific, which is 4.94, 30% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.35 | 2.22 | 2.49 | 2 |
| 2000s | 1.6 | 0.8282 | 2.62 | 10 |
| 2010s | 1.75 | 1.46 | 2.03 | 8 |
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 lending-deposit spread in New Zealand?
- Bank lending-deposit spread in New Zealand was 1.46 in 2017, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in New Zealand?
- The highest recorded value was 2.62 in 2009.
- What is the lowest bank lending-deposit spread recorded in New Zealand?
- The lowest recorded value was 0.8282 in 2007.
- How does New Zealand rank for bank lending-deposit spread?
- New Zealand ranks 118th out of 124 countries with data for 2017.
- Is bank lending-deposit spread rising or falling in New Zealand?
- Over the last ten years it is up 76.7%. The long-run trend across the full record is falling.
- 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 lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 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. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.