Financial system deposits to GDP in New Zealand
New Zealand: Financial system deposits to GDP was 109.4% in 2021. ◆ Volatile
Financial system deposits to GDP in New Zealand, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
New Zealand recorded 109.4% for financial system deposits to gdp in 2021.
The figure is down 1.1% on the previous year and up 19.3% over ten years.
Over the whole period, financial system deposits to gdp in New Zealand peaked at 110.6% in 2020 and was at its lowest, 16.5%, in 1971.
New Zealand ranks 26th of 185 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 24.4% | — |
| 1961 | 22.6% | -7.2% |
| 1962 | 21.2% | -6.2% |
| 1963 | 20.3% | -4.1% |
| 1964 | 19.9% | -2.0% |
| 1965 | 18.3% | -8.3% |
| 1966 | 18.6% | +1.6% |
| 1967 | 17.5% | -5.8% |
| 1968 | 17.0% | -3.0% |
| 1969 | 17.3% | +2.1% |
| 1971 | 16.5% | -4.6% |
| 1972 | 20.2% | +21.9% |
| 1973 | 22.6% | +12.2% |
| 1974 | 21.1% | -6.5% |
| 1975 | 21.1% | -0.3% |
| 1976 | 20.8% | -1.1% |
| 1977 | 21.5% | +3.2% |
| 1978 | 23.5% | +9.4% |
| 1979 | 24.7% | +4.9% |
| 1980 | 23.7% | -4.1% |
| 1981 | 22.5% | -4.8% |
| 1982 | 23.1% | +2.7% |
| 1983 | 22.2% | -4.1% |
| 1984 | 23.8% | +7.1% |
| 1985 | 27.8% | +16.8% |
| 1986 | 29.2% | +5.1% |
| 1987 | 30.7% | +5.2% |
| 1988 | 61.9% | +101.4% |
| 1989 | 63.9% | +3.4% |
| 1990 | 68.0% | +6.4% |
| 1991 | 70.3% | +3.4% |
| 1992 | 71.1% | +1.1% |
| 1993 | 70.6% | -0.8% |
| 1994 | 71.5% | +1.3% |
| 1995 | 73.5% | +2.7% |
| 1996 | 79.4% | +8.1% |
| 1997 | 81.9% | +3.1% |
| 1998 | 80.5% | -1.7% |
| 1999 | 81.9% | +1.8% |
| 2000 | 78.1% | -4.6% |
| 2001 | 79.9% | +2.3% |
| 2002 | 75.5% | -5.5% |
| 2003 | 78.1% | +3.5% |
| 2004 | 74.8% | -4.3% |
| 2005 | 77.9% | +4.2% |
| 2006 | 82.7% | +6.1% |
| 2007 | 84.8% | +2.6% |
| 2008 | 90.5% | +6.7% |
| 2009 | 88.8% | -1.9% |
| 2010 | 91.7% | +3.3% |
| 2013 | 92.8% | +1.2% |
| 2014 | 93.8% | +1.0% |
| 2015 | 98.6% | +5.1% |
| 2016 | 100.3% | +1.7% |
| 2017 | 100.1% | -0.1% |
| 2018 | 100.9% | +0.8% |
| 2019 | 99.8% | -1.1% |
| 2020 | 110.6% | +10.8% |
| 2021 | 109.4% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.7% | 17.0% | 24.4% | 10 |
| 1970s | 21.3% | 16.5% | 24.7% | 9 |
| 1980s | 32.9% | 22.2% | 63.9% | 10 |
| 1990s | 74.9% | 68.0% | 81.9% | 10 |
| 2000s | 81.1% | 74.8% | 90.5% | 10 |
| 2010s | 97.2% | 91.7% | 100.9% | 8 |
| 2020s | 110.0% | 109.4% | 110.6% | 2 |
Countries ranked near New Zealand
- 23 Aruba 111.1% compare
- 24 Cape Verde 109.8% compare
- 25 Nepal 109.5% compare
- 27 France 106.7% compare
- 28 Saint Kitts and Nevis 105.8% compare
- 29 United Arab Emirates 105.0% 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 financial system deposits to gdp in New Zealand?
- Financial system deposits to gdp in New Zealand was 109.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in New Zealand?
- The highest recorded value was 110.6% in 2020.
- What is the lowest financial system deposits to gdp recorded in New Zealand?
- The lowest recorded value was 16.5% in 1971.
- How does New Zealand rank for financial system deposits to gdp?
- New Zealand ranks 26th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in New Zealand?
- Over the last ten years it is up 19.3%. 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 (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).