Broad money in New Zealand
New Zealand: Broad money was 99.6% in 2025. ◆ Volatile
Broad money in New Zealand, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, broad money in New Zealand stood at 99.6%.
The figure is up 0.4% over ten years.
Over the whole period, broad money in New Zealand peaked at 111.2% in 2020 and was at its lowest, 19.8%, in 1971.
New Zealand ranks 27th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 30.0% | — |
| 1961 | 28.4% | -5.5% |
| 1962 | 26.3% | -7.2% |
| 1963 | 24.7% | -6.2% |
| 1964 | 24.0% | -2.6% |
| 1965 | 22.2% | -7.8% |
| 1966 | 22.3% | +0.8% |
| 1967 | 21.0% | -6.2% |
| 1968 | 20.4% | -2.7% |
| 1969 | 20.6% | +1.1% |
| 1970 | 20.1% | -2.4% |
| 1971 | 19.8% | -1.5% |
| 1972 | 23.5% | +18.5% |
| 1973 | 26.9% | +14.5% |
| 1974 | 25.9% | -3.5% |
| 1975 | 25.5% | -1.7% |
| 1976 | 24.6% | -3.5% |
| 1977 | 25.2% | +2.4% |
| 1978 | 27.7% | +10.0% |
| 1979 | 28.2% | +1.6% |
| 1980 | 26.4% | -6.2% |
| 1981 | 25.3% | -4.4% |
| 1982 | 25.5% | +0.8% |
| 1983 | 24.4% | -4.4% |
| 1984 | 25.9% | +6.5% |
| 1985 | 29.8% | +14.8% |
| 1986 | 31.0% | +4.0% |
| 1987 | 32.4% | +4.5% |
| 1988 | 62.9% | +94.3% |
| 1989 | 65.0% | +3.4% |
| 1990 | 69.9% | +7.5% |
| 1991 | 71.2% | +1.8% |
| 1992 | 71.7% | +0.8% |
| 1993 | 70.6% | -1.7% |
| 1994 | 71.9% | +1.9% |
| 1995 | 74.0% | +3.0% |
| 1996 | 80.4% | +8.6% |
| 1997 | 82.7% | +2.8% |
| 1998 | 81.4% | -1.6% |
| 1999 | 82.2% | +1.1% |
| 2000 | 78.9% | -4.1% |
| 2001 | 80.1% | +1.6% |
| 2002 | 76.5% | -4.6% |
| 2003 | 78.3% | +2.4% |
| 2004 | 75.8% | -3.2% |
| 2005 | 78.7% | +3.9% |
| 2006 | 83.0% | +5.4% |
| 2007 | 85.0% | +2.4% |
| 2008 | 92.2% | +8.5% |
| 2009 | 89.3% | -3.1% |
| 2010 | 92.5% | +3.5% |
| 2013 | 92.8% | +0.4% |
| 2014 | 95.0% | +2.3% |
| 2015 | 99.1% | +4.4% |
| 2016 | 100.4% | +1.3% |
| 2017 | 100.6% | +0.2% |
| 2018 | 101.8% | +1.1% |
| 2019 | 100.8% | -0.9% |
| 2020 | 111.2% | +10.3% |
| 2021 | 109.2% | -1.8% |
| 2022 | 101.2% | -7.3% |
| 2023 | 98.9% | -2.3% |
| 2024 | 99.5% | +0.6% |
| 2025 | 99.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.0% | 20.4% | 30.0% | 10 |
| 1970s | 24.7% | 19.8% | 28.2% | 10 |
| 1980s | 34.9% | 24.4% | 65.0% | 10 |
| 1990s | 75.6% | 69.9% | 82.7% | 10 |
| 2000s | 81.8% | 75.8% | 92.2% | 10 |
| 2010s | 97.9% | 92.5% | 101.8% | 8 |
| 2020s | 103.3% | 98.9% | 111.2% | 6 |
Countries ranked near New Zealand
- 24 Israel 103.7% compare
- 25 Saint Kitts and Nevis 103.7% compare
- 26 United States of America 99.7% compare
- 28 Barbados 97.5% compare
- 29 Qatar 94.7% compare
- 30 Cape Verde 94.2% 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 broad money in New Zealand?
- Broad money in New Zealand was 99.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in New Zealand?
- The highest recorded value was 111.2% in 2020.
- What is the lowest broad money recorded in New Zealand?
- The lowest recorded value was 19.8% in 1971.
- How does New Zealand rank for broad money?
- New Zealand ranks 27th out of 167 countries with data for 2025.
- Is broad money rising or falling in New Zealand?
- Over the last ten years it is up 0.4%. 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.