Domestic credit to private sector in New Zealand
New Zealand: Domestic credit to private sector was 143.4% in 2025. ▼ Falling
Domestic credit to private sector in New Zealand, 2014–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector in New Zealand stood at 143.4%.
The figure is up 1.0% on the previous year and down 5.8% over ten years.
Over the whole period, domestic credit to private sector in New Zealand peaked at 159.3% in 2020 and was at its lowest, 140.6%, in 2023.
New Zealand ranks 8th of 187 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 12 years of available data.
Domestic credit to private sector in New Zealand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 148.9% | — |
| 2015 | 152.2% | +2.2% |
| 2016 | 154.9% | +1.8% |
| 2017 | 153.2% | -1.1% |
| 2018 | 153.3% | +0.1% |
| 2019 | 155.3% | +1.3% |
| 2020 | 159.3% | +2.6% |
| 2021 | 155.7% | -2.3% |
| 2022 | 146.0% | -6.2% |
| 2023 | 140.6% | -3.7% |
| 2024 | 141.9% | +0.9% |
| 2025 | 143.4% | +1.0% |
New Zealand compared with similar countries
- New Zealand's 143.4% is above the median for high income countries, which is 65.0%, 2.2× the median. (61 countries reporting)
- New Zealand's 143.4% is above the median for East Asia & Pacific, which is 91.3%, 1.6× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 153.0% | 148.9% | 155.3% | 6 |
| 2020s | 147.8% | 140.6% | 159.3% | 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 domestic credit to private sector in New Zealand?
- Domestic credit to private sector in New Zealand was 143.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in New Zealand?
- The highest recorded value was 159.3% in 2020.
- What is the lowest domestic credit to private sector recorded in New Zealand?
- The lowest recorded value was 140.6% in 2023.
- How does New Zealand rank for domestic credit to private sector?
- New Zealand ranks 8th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in New Zealand?
- Over the last ten years it is down 5.8%. 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 database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 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 by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.