Credit to the private sector — all countries

Credit to the private sector — New Zealand

Credit to the private sector in New Zealand in 2025 — 143.38%. Ranked 4 in the world out of 87. Since 2014, the indicator has fallen by 5.51 pp.

2025 143.38% +1.48 pp vs 2024
World rank 4of 87
Period maximum 159.3%2020
Period minimum 140.57%2023

Trend over time

2014–2025 · % of GDP

Credit to the private sector — New Zealand, 2014–202514014515015516020142016201820202022202420252014: 148.89%2015: 152.2%2016: 154.88%2017: 153.22%2018: 153.34%2019: 155.33%2020: 159.3%2021: 155.7%2022: 145.99%2023: 140.57%2024: 141.9%2025: 143.38%
Change over the period: −5.51 pp Annual average: -0.5 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: New Zealand

New Zealand 143.38%
Australia and New Zealand computed 135.02%
Credit to the private sector — New Zealand, by year New Zealand All countries CSV XLSX
Year % Change, pp
2025 143.38 +1.48 pp
2024 141.9 +1.32 pp
2023 140.57 −5.42 pp
2022 145.99 −9.7 pp
2021 155.7 −3.61 pp
2020 159.3 +3.97 pp
2019 155.33 +1.99 pp
2018 153.34 +0.12 pp
2017 153.22 −1.66 pp
2016 154.88 +2.67 pp
2015 152.2 +3.32 pp
2014 148.89

Australia and New Zealand, 2025

The same indicator for neighboring countries — with links to their pages

NZ New Zealand 143.38 AU Australia 133.79

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.