Liquid liabilities to GDP (%) in New Zealand
New Zealand: Liquid liabilities to GDP (%) was 111.8% in 2021. ◆ Volatile
Liquid liabilities to GDP in New Zealand, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, liquid liabilities to gdp in New Zealand stood at 111.8%. That is the highest value across all 59 years on record.
That represents a change of up 12.5% on the previous year and up 19.5% over ten years.
Over the whole period, liquid liabilities to gdp in New Zealand peaked at 111.8% in 2021 and was at its lowest, 19.8%, in 1971.
New Zealand ranks 36th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Liquid liabilities to GDP (%) in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 30.3% | — |
| 1961 | 28.6% | -5.5% |
| 1962 | 26.5% | -7.2% |
| 1963 | 24.9% | -6.2% |
| 1964 | 24.3% | -2.6% |
| 1965 | 22.4% | -7.8% |
| 1966 | 22.5% | +0.8% |
| 1967 | 21.2% | -6.2% |
| 1968 | 20.6% | -2.7% |
| 1969 | 20.8% | +1.1% |
| 1971 | 19.8% | -4.7% |
| 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 | 63.7% | +96.7% |
| 1989 | 65.5% | +2.9% |
| 1990 | 69.4% | +5.9% |
| 1991 | 71.9% | +3.6% |
| 1992 | 72.7% | +1.1% |
| 1993 | 72.0% | -0.9% |
| 1994 | 73.1% | +1.4% |
| 1995 | 75.1% | +2.8% |
| 1996 | 80.9% | +7.7% |
| 1997 | 83.4% | +3.2% |
| 1998 | 82.1% | -1.6% |
| 1999 | 83.7% | +2.0% |
| 2000 | 79.9% | -4.6% |
| 2001 | 81.6% | +2.2% |
| 2002 | 77.3% | -5.3% |
| 2003 | 80.0% | +3.4% |
| 2004 | 76.6% | -4.2% |
| 2005 | 79.8% | +4.2% |
| 2006 | 84.5% | +5.9% |
| 2007 | 86.6% | +2.5% |
| 2008 | 92.4% | +6.7% |
| 2009 | 90.7% | -1.9% |
| 2010 | 93.5% | +3.2% |
| 2013 | 94.7% | +1.3% |
| 2014 | 83.3% | -12.1% |
| 2015 | 87.7% | +5.4% |
| 2016 | 89.1% | +1.6% |
| 2017 | 89.1% | -0.0% |
| 2018 | 89.5% | +0.4% |
| 2019 | 88.5% | -1.1% |
| 2020 | 99.3% | +12.2% |
| 2021 | 111.8% | +12.5% |
New Zealand compared with similar countries
- New Zealand's 111.8% is above the median for high income countries, which is 96.0%, 1.2× the median. (61 countries reporting)
- New Zealand's 111.8% is above the median for East Asia & Pacific, which is 89.6%, 1.2× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Liquid liabilities to GDP (%) 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 |
|---|---|---|---|
| 1988 | +96.7% | 32.4% | 63.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.2% | 20.6% | 30.3% | 10 |
| 1970s | 25.3% | 19.8% | 28.2% | 9 |
| 1980s | 35.0% | 24.4% | 65.5% | 10 |
| 1990s | 76.4% | 69.4% | 83.7% | 10 |
| 2000s | 82.9% | 76.6% | 92.4% | 10 |
| 2010s | 89.4% | 83.3% | 94.7% | 8 |
| 2020s | 105.6% | 99.3% | 111.8% | 2 |
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 liquid liabilities to gdp in New Zealand?
- Liquid liabilities to gdp in New Zealand was 111.8% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in New Zealand?
- The highest recorded value was 111.8% in 2021.
- What is the lowest liquid liabilities to gdp recorded in New Zealand?
- The lowest recorded value was 19.8% in 1971.
- How does New Zealand rank for liquid liabilities to gdp?
- New Zealand ranks 36th out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in New Zealand?
- Over the last ten years it is up 19.5%. 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 Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, 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. Liquid liabilities (IFS lines 55L or, if not available, line 35L); 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) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.