Broad money growth (annual %) in New Zealand
New Zealand: Broad money growth (annual %) was 4.1% in 2025. ◆ Volatile
Broad money growth in New Zealand, 1961–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
New Zealand recorded 4.1% for broad money growth in 2025.
That represents a change of up 0.2% on the previous year and down 57.9% over ten years.
Over the whole period, broad money growth in New Zealand peaked at 108.9% in 1988 and was at its lowest, -2.7%, in 1967.
New Zealand ranks 138th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money growth (annual %) in New Zealand, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | -2.1% | — |
| 1962 | -0.0% | -98.9% |
| 1963 | 2.4% | -10302.4% |
| 1964 | 6.8% | +176.6% |
| 1965 | -0.3% | -104.7% |
| 1966 | 4.5% | -1500.7% |
| 1967 | -2.7% | -160.1% |
| 1968 | 2.9% | -207.7% |
| 1969 | 12.4% | +328.1% |
| 1970 | 9.1% | -26.9% |
| 1971 | 16.4% | +80.2% |
| 1972 | 36.1% | +120.7% |
| 1973 | 33.8% | -6.5% |
| 1974 | 6.0% | -82.3% |
| 1975 | 10.7% | +79.4% |
| 1976 | 18.3% | +70.2% |
| 1977 | 14.7% | -19.6% |
| 1978 | 24.7% | +68.2% |
| 1979 | 18.6% | -24.9% |
| 1980 | 9.2% | -50.4% |
| 1981 | 16.4% | +78.1% |
| 1982 | 14.1% | -14.3% |
| 1983 | 6.6% | -53.0% |
| 1984 | 20.4% | +207.9% |
| 1985 | 32.6% | +60.0% |
| 1986 | 24.9% | -23.5% |
| 1987 | 17.6% | -29.4% |
| 1988 | 108.9% | +518.6% |
| 1989 | 9.4% | -91.4% |
| 1990 | 10.2% | +8.7% |
| 1991 | 1.6% | -84.2% |
| 1992 | 3.9% | +143.4% |
| 1993 | 6.2% | +56.9% |
| 1994 | 9.1% | +47.6% |
| 1995 | 9.4% | +3.0% |
| 1996 | 14.1% | +50.4% |
| 1997 | 6.6% | -53.1% |
| 1998 | 0.3% | -95.7% |
| 1999 | 7.1% | +2385.0% |
| 2000 | 1.5% | -78.9% |
| 2001 | 9.1% | +502.5% |
| 2002 | 0.2% | -97.4% |
| 2003 | 9.5% | +3932.4% |
| 2004 | 3.5% | -62.9% |
| 2005 | 9.5% | +169.0% |
| 2006 | 11.3% | +18.8% |
| 2007 | 11.1% | -1.1% |
| 2008 | 10.4% | -7.1% |
| 2009 | -0.6% | -106.1% |
| 2010 | 8.4% | -1420.8% |
| 2014 | 6.7% | -19.7% |
| 2015 | 9.9% | +46.8% |
| 2016 | 7.7% | -22.2% |
| 2017 | 7.3% | -4.7% |
| 2018 | 6.4% | -12.0% |
| 2019 | 4.7% | -26.7% |
| 2020 | 12.2% | +158.5% |
| 2021 | 7.1% | -42.0% |
| 2022 | 1.8% | -74.0% |
| 2023 | 3.6% | +94.5% |
| 2024 | 4.1% | +16.0% |
| 2025 | 4.1% | +0.2% |
New Zealand compared with similar countries
- New Zealand's 4.1% is below the median for high income countries, which is 5.9%, 70% of the median. (41 countries reporting)
- New Zealand's 4.1% is below the median for East Asia & Pacific, which is 7.4%, 56% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1963 | +10302.4% | -0.0% | 2.4% |
| 2003 | +3932.4% | 0.2% | 9.5% |
| 1999 | +2385.0% | 0.3% | 7.1% |
| 1966 | +1500.7% | -0.3% | 4.5% |
| 2010 | +1420.8% | -0.6% | 8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.7% | -2.7% | 12.4% | 9 |
| 1970s | 18.8% | 6.0% | 36.1% | 10 |
| 1980s | 26.0% | 6.6% | 108.9% | 10 |
| 1990s | 6.9% | 0.3% | 14.1% | 10 |
| 2000s | 6.5% | -0.6% | 11.3% | 10 |
| 2010s | 7.3% | 4.7% | 9.9% | 7 |
| 2020s | 5.5% | 1.8% | 12.2% | 6 |
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 broad money growth in New Zealand?
- Broad money growth in New Zealand was 4.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in New Zealand?
- The highest recorded value was 108.9% in 1988.
- What is the lowest broad money growth recorded in New Zealand?
- The lowest recorded value was -2.7% in 1967.
- How does New Zealand rank for broad money growth?
- New Zealand ranks 138th out of 167 countries with data for 2025.
- Is broad money growth rising or falling in New Zealand?
- Over the last ten years it is down 57.9%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.