Domestic credit to private sector in New Zealand
New Zealand: Domestic credit to private sector was 160.5% in 2020. ▲ Rising
Domestic credit to private sector in New Zealand, 2014–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in New Zealand is 160.5%, measured in 2020. That is the highest value across all 7 years on record.
The figure is up 3.5% on the previous year and up 7.7% over ten years.
New Zealand ranks 9th of 187 countries on this measure, in the top 10%.
Domestic credit to private sector in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 149.0% | — |
| 2015 | 152.3% | +2.2% |
| 2016 | 155.0% | +1.8% |
| 2017 | 153.2% | -1.2% |
| 2018 | 153.2% | +0.0% |
| 2019 | 155.1% | +1.2% |
| 2020 | 160.5% | +3.5% |
New Zealand compared with similar countries
- New Zealand's 160.5% is above the median for high income countries, which is 82.3%, 1.9× the median. (61 countries reporting)
- New Zealand's 160.5% is above the median for East Asia & Pacific, which is 105.2%, 1.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 152.9% | 149.0% | 155.1% | 6 |
| 2020s | 160.5% | 160.5% | 160.5% | 1 |
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 domestic credit to private sector in New Zealand?
- Domestic credit to private sector in New Zealand was 160.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in New Zealand?
- The highest recorded value was 160.5% in 2020.
- What is the lowest domestic credit to private sector recorded in New Zealand?
- The lowest recorded value was 149.0% in 2014.
- How does New Zealand rank for domestic credit to private sector?
- New Zealand ranks 9th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in New Zealand?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.