Liquid liabilities to GDP in New Zealand

New Zealand: Liquid liabilities to GDP was 111.8% in 2021. ◆ Volatile

Latest (2021)
111.8%
Change on year
up 12.5%
World rank
36th
of 186 countries
All-time high
111.8%
in 2021
All-time low
19.8%
in 1971
Years of data
59
1960–2021

Liquid liabilities to GDP in New Zealand, 1960–2021

20406080100120196019902021

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

Annual values for Liquid liabilities to GDP (%) in New Zealand, 1960 to 2021.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 33 Cape Verde 118.0% compare
  2. 34 Saint Kitts and Nevis 114.5% compare
  3. 35 Barbados 114.2% compare
  4. 37 Austria 111.7% compare
  5. 38 Germany 111.0% compare
  6. 39 Belize 110.9% compare

See the full ranking of 186 places →

More financial sector data for New Zealand

All data for New Zealand →

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.

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Liquid liabilities to GDP in New Zealand. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 29 August 2026, from https://financial-sector.statizoid.com/stat/liquid-liabilities-to-gdp-percent/new-zealand/

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About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,545 data points, 1960–2021
Last refreshed

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.