Loans from nonresident banks (amounts outstanding) to GDP in New Zealand
New Zealand: Loans from nonresident banks (amounts outstanding) to GDP was 5.7% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in New Zealand, 1966–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
New Zealand recorded 5.7% for loans from nonresident banks (amounts outstanding) to gdp in 2021.
That represents a change of down 20.8% on the previous year and down 22.7% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in New Zealand peaked at 41.9% in 1987 and was at its lowest, 0.2%, in 1971.
That places New Zealand 120th out of 136 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1966 | 0.3% | — |
| 1967 | 0.3% | -1.6% |
| 1968 | 0.3% | +15.1% |
| 1969 | 0.3% | -10.1% |
| 1971 | 0.2% | -27.2% |
| 1972 | 0.8% | +335.5% |
| 1973 | 0.7% | -15.8% |
| 1974 | 1.6% | +127.0% |
| 1975 | 4.9% | +211.9% |
| 1976 | 8.0% | +62.3% |
| 1977 | 11.6% | +45.4% |
| 1978 | 15.6% | +34.7% |
| 1979 | 16.1% | +3.0% |
| 1980 | 13.8% | -14.4% |
| 1981 | 14.3% | +3.9% |
| 1982 | 18.4% | +28.0% |
| 1983 | 17.4% | -5.3% |
| 1984 | 21.9% | +26.1% |
| 1985 | 27.6% | +25.9% |
| 1986 | 35.2% | +27.8% |
| 1987 | 41.9% | +18.7% |
| 1988 | 36.2% | -13.4% |
| 1989 | 33.9% | -6.5% |
| 1990 | 36.5% | +7.7% |
| 1991 | 34.8% | -4.6% |
| 1992 | 28.6% | -17.9% |
| 1993 | 21.9% | -23.5% |
| 1994 | 18.8% | -14.2% |
| 1995 | 14.8% | -21.1% |
| 1996 | 12.6% | -14.7% |
| 1997 | 13.5% | +6.5% |
| 1998 | 15.5% | +15.5% |
| 1999 | 14.0% | -9.7% |
| 2000 | 15.9% | +13.2% |
| 2001 | 16.1% | +1.1% |
| 2002 | 14.0% | -12.6% |
| 2003 | 10.9% | -22.2% |
| 2004 | 11.0% | +0.5% |
| 2005 | 6.6% | -39.8% |
| 2006 | 6.4% | -3.8% |
| 2007 | 7.3% | +15.2% |
| 2008 | 5.8% | -21.2% |
| 2009 | 8.2% | +41.8% |
| 2010 | 7.8% | -5.1% |
| 2011 | 7.4% | -4.8% |
| 2012 | 7.5% | +1.8% |
| 2013 | 7.0% | -7.5% |
| 2014 | 6.9% | -1.0% |
| 2015 | 7.8% | +13.9% |
| 2016 | 5.7% | -27.7% |
| 2017 | 6.2% | +9.0% |
| 2018 | 6.0% | -2.3% |
| 2019 | 6.5% | +7.2% |
| 2020 | 7.2% | +11.3% |
| 2021 | 5.7% | -20.8% |
New Zealand compared with similar countries
- New Zealand's 5.7% is below the median for high income countries, which is 39.7%, 14% of the median. (62 countries reporting)
- New Zealand's 5.7% is below the median for East Asia & Pacific, which is 13.9%, 41% of the median. (18 countries reporting)
Biggest year-on-year movements
Years where Loans from nonresident banks (amounts outstanding) 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 |
|---|---|---|---|
| 1972 | +335.5% | 0.2% | 0.8% |
| 1975 | +211.9% | 1.6% | 4.9% |
| 1974 | +127.0% | 0.7% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.3% | 0.3% | 4 |
| 1970s | 6.6% | 0.2% | 16.1% | 9 |
| 1980s | 26.1% | 13.8% | 41.9% | 10 |
| 1990s | 21.1% | 12.6% | 36.5% | 10 |
| 2000s | 10.2% | 5.8% | 16.1% | 10 |
| 2010s | 6.9% | 5.7% | 7.8% | 10 |
| 2020s | 6.5% | 5.7% | 7.2% | 2 |
Countries ranked near New Zealand
- 117 Namibia 6.1% compare
- 118 Thailand 6.1% compare
- 119 Tajikistan 5.7% compare
- 121 Republic of Moldova 5.1% compare
- 122 Mozambique 4.5% compare
- 123 India 3.9% 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 loans from nonresident banks (amounts outstanding) to gdp in New Zealand?
- Loans from nonresident banks (amounts outstanding) to gdp in New Zealand was 5.7% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in New Zealand?
- The highest recorded value was 41.9% in 1987.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in New Zealand?
- The lowest recorded value was 0.2% in 1971.
- How does New Zealand rank for loans from nonresident banks (amounts outstanding) to gdp?
- New Zealand ranks 120th out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in New Zealand?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.