Net domestic credit (current LCU) in New Zealand
New Zealand: Net domestic credit (current LCU) was 640.25 billion current LCU in 2025. ◆ Volatile
Net domestic credit in New Zealand, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in New Zealand is 640.25 billion current LCU, measured in 2025. That is the highest value across all 64 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 65.0% over ten years.
Over the whole period, net domestic credit in New Zealand peaked at 640.25 billion current LCU in 2025 and was at its lowest, 613.00 million current LCU, in 1962.
That places New Zealand 99th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 619.30 million current LCU | — |
| 1961 | 661.80 million current LCU | +6.9% |
| 1962 | 613.00 million current LCU | -7.4% |
| 1963 | 650.70 million current LCU | +6.2% |
| 1964 | 656.70 million current LCU | +0.9% |
| 1965 | 731.76 million current LCU | +11.4% |
| 1966 | 770.76 million current LCU | +5.3% |
| 1967 | 827.41 million current LCU | +7.4% |
| 1968 | 797.24 million current LCU | -3.6% |
| 1969 | 877.44 million current LCU | +10.1% |
| 1970 | 948.88 million current LCU | +8.1% |
| 1971 | 979.56 million current LCU | +3.2% |
| 1972 | 1.18 billion current LCU | +20.5% |
| 1973 | 1.73 billion current LCU | +46.7% |
| 1974 | 2.23 billion current LCU | +28.9% |
| 1975 | 2.95 billion current LCU | +32.0% |
| 1976 | 3.67 billion current LCU | +24.4% |
| 1977 | 4.42 billion current LCU | +20.4% |
| 1978 | 5.42 billion current LCU | +22.6% |
| 1979 | 6.20 billion current LCU | +14.5% |
| 1980 | 6.85 billion current LCU | +10.5% |
| 1981 | 7.94 billion current LCU | +15.9% |
| 1982 | 9.17 billion current LCU | +15.5% |
| 1983 | 9.81 billion current LCU | +6.9% |
| 1984 | 9.38 billion current LCU | -4.3% |
| 1985 | 14.71 billion current LCU | +56.7% |
| 1986 | 18.38 billion current LCU | +25.0% |
| 1987 | 22.05 billion current LCU | +20.0% |
| 1988 | 53.95 billion current LCU | +144.6% |
| 1989 | 57.67 billion current LCU | +6.9% |
| 1990 | 58.95 billion current LCU | +2.2% |
| 1991 | 63.37 billion current LCU | +7.5% |
| 1992 | 69.12 billion current LCU | +9.1% |
| 1993 | 71.56 billion current LCU | +3.5% |
| 1994 | 78.21 billion current LCU | +9.3% |
| 1995 | 86.13 billion current LCU | +10.1% |
| 1996 | 92.36 billion current LCU | +7.2% |
| 1997 | 104.29 billion current LCU | +12.9% |
| 1998 | 112.02 billion current LCU | +7.4% |
| 1999 | 122.88 billion current LCU | +9.7% |
| 2000 | 129.40 billion current LCU | +5.3% |
| 2001 | 148.86 billion current LCU | +15.0% |
| 2002 | 147.54 billion current LCU | -0.9% |
| 2003 | 162.29 billion current LCU | +10.0% |
| 2004 | 180.95 billion current LCU | +11.5% |
| 2005 | 205.88 billion current LCU | +13.8% |
| 2006 | 230.85 billion current LCU | +12.1% |
| 2007 | 257.82 billion current LCU | +11.7% |
| 2008 | 284.51 billion current LCU | +10.4% |
| 2009 | 289.52 billion current LCU | +1.8% |
| 2010 | 306.54 billion current LCU | +5.9% |
| 2013 | 349.09 billion current LCU | +13.9% |
| 2014 | 365.31 billion current LCU | +4.6% |
| 2015 | 388.00 billion current LCU | +6.2% |
| 2016 | 415.34 billion current LCU | +7.0% |
| 2017 | 435.69 billion current LCU | +4.9% |
| 2018 | 458.83 billion current LCU | +5.3% |
| 2019 | 489.10 billion current LCU | +6.6% |
| 2020 | 544.48 billion current LCU | +11.3% |
| 2021 | 576.33 billion current LCU | +5.8% |
| 2022 | 594.07 billion current LCU | +3.1% |
| 2023 | 601.58 billion current LCU | +1.3% |
| 2024 | 614.48 billion current LCU | +2.1% |
| 2025 | 640.25 billion current LCU | +4.2% |
New Zealand compared with similar countries
- New Zealand's 640.25 billion current LCU is below the median for high income countries, which is 701.01 billion current LCU, 91% of the median. (61 countries reporting)
- New Zealand's 640.25 billion current LCU is below the median for East Asia & Pacific, which is 4.46 trillion current LCU, 14% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) 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 | +144.6% | 22.05 billion current LCU | 53.95 billion current LCU |
| 1985 | +56.7% | 9.38 billion current LCU | 14.71 billion current LCU |
| 1973 | +46.7% | 1.18 billion current LCU | 1.73 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 720.61 million current LCU | 613.00 million current LCU | 877.44 million current LCU | 10 |
| 1970s | 2.97 billion current LCU | 948.88 million current LCU | 6.20 billion current LCU | 10 |
| 1980s | 20.99 billion current LCU | 6.85 billion current LCU | 57.67 billion current LCU | 10 |
| 1990s | 85.89 billion current LCU | 58.95 billion current LCU | 122.88 billion current LCU | 10 |
| 2000s | 203.76 billion current LCU | 129.40 billion current LCU | 289.52 billion current LCU | 10 |
| 2010s | 400.99 billion current LCU | 306.54 billion current LCU | 489.10 billion current LCU | 8 |
| 2020s | 595.20 billion current LCU | 544.48 billion current LCU | 640.25 billion current LCU | 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 net domestic credit in New Zealand?
- Net domestic credit in New Zealand was 640.25 billion current LCU in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in New Zealand?
- The highest recorded value was 640.25 billion current LCU in 2025.
- What is the lowest net domestic credit recorded in New Zealand?
- The lowest recorded value was 613.00 million current LCU in 1962.
- How does New Zealand rank for net domestic credit?
- New Zealand ranks 99th out of 187 countries with data for 2025.
- Is net domestic credit rising or falling in New Zealand?
- Over the last ten years it is up 65.0%. 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 Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.