Monetary Sector credit to private sector in New Zealand
New Zealand: Monetary Sector credit to private sector was 129.7% in 2025. ◆ Volatile
Monetary Sector credit to private sector in New Zealand, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
The most recent figure for monetary sector credit to private sector in New Zealand is 129.7%, measured in 2025.
Compared with earlier readings it is up 0.4% on the previous year and down 9.8% over ten years.
Over the whole period, monetary sector credit to private sector in New Zealand peaked at 144.6% in 2016 and was at its lowest, 12.7%, in 1971.
New Zealand ranks 7th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector in New Zealand, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 15.3% | — |
| 1961 | 16.6% | +8.1% |
| 1962 | 14.2% | -14.5% |
| 1963 | 13.6% | -3.9% |
| 1964 | 12.8% | -6.3% |
| 1965 | 13.4% | +4.7% |
| 1966 | 13.7% | +2.9% |
| 1967 | 13.4% | -2.7% |
| 1968 | 14.2% | +6.1% |
| 1969 | 14.1% | -0.6% |
| 1970 | 14.4% | +2.3% |
| 1971 | 12.7% | -12.2% |
| 1972 | 12.7% | +0.7% |
| 1973 | 16.0% | +25.6% |
| 1974 | 18.6% | +16.2% |
| 1975 | 18.2% | -2.3% |
| 1976 | 17.8% | -1.7% |
| 1977 | 18.8% | +5.2% |
| 1978 | 20.1% | +6.8% |
| 1979 | 20.6% | +2.8% |
| 1980 | 20.5% | -0.8% |
| 1981 | 20.5% | +0.3% |
| 1982 | 21.5% | +4.8% |
| 1983 | 21.1% | -1.9% |
| 1984 | 21.9% | +3.7% |
| 1985 | 23.5% | +7.4% |
| 1986 | 26.2% | +11.3% |
| 1987 | 28.2% | +7.7% |
| 1988 | 68.7% | +144.1% |
| 1989 | 72.1% | +4.8% |
| 1990 | 73.0% | +1.3% |
| 1991 | 76.6% | +5.0% |
| 1992 | 81.5% | +6.3% |
| 1993 | 79.9% | -2.0% |
| 1994 | 82.3% | +3.1% |
| 1995 | 88.5% | +7.5% |
| 1996 | 93.6% | +5.8% |
| 1997 | 100.4% | +7.2% |
| 1998 | 105.0% | +4.6% |
| 1999 | 107.6% | +2.6% |
| 2000 | 107.9% | +0.2% |
| 2001 | 106.7% | -1.1% |
| 2002 | 101.6% | -4.8% |
| 2003 | 106.9% | +5.2% |
| 2004 | 110.6% | +3.5% |
| 2005 | 120.6% | +9.0% |
| 2006 | 129.4% | +7.2% |
| 2007 | 134.7% | +4.2% |
| 2008 | 144.2% | +7.1% |
| 2009 | 141.7% | -1.7% |
| 2010 | 142.0% | +0.2% |
| 2013 | 140.4% | -1.1% |
| 2014 | 140.8% | +0.3% |
| 2015 | 143.8% | +2.1% |
| 2016 | 144.6% | +0.5% |
| 2017 | 141.9% | -1.9% |
| 2018 | 141.9% | +0.0% |
| 2019 | 141.8% | -0.1% |
| 2020 | 143.7% | +1.4% |
| 2021 | 140.9% | -1.9% |
| 2022 | 134.2% | -4.8% |
| 2023 | 129.1% | -3.8% |
| 2024 | 129.1% | +0.0% |
| 2025 | 129.7% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.1% | 12.8% | 16.6% | 10 |
| 1970s | 17.0% | 12.7% | 20.6% | 10 |
| 1980s | 32.4% | 20.5% | 72.1% | 10 |
| 1990s | 88.8% | 73.0% | 107.6% | 10 |
| 2000s | 120.4% | 101.6% | 144.2% | 10 |
| 2010s | 142.2% | 140.4% | 144.6% | 8 |
| 2020s | 134.4% | 129.1% | 143.7% | 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 monetary sector credit to private sector in New Zealand?
- Monetary sector credit to private sector in New Zealand was 129.7% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in New Zealand?
- The highest recorded value was 144.6% in 2016.
- What is the lowest monetary sector credit to private sector recorded in New Zealand?
- The lowest recorded value was 12.7% in 1971.
- How does New Zealand rank for monetary sector credit to private sector?
- New Zealand ranks 7th out of 187 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in New Zealand?
- Over the last ten years it is down 9.8%. 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 database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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.