Private Sector Credit Statistics in New Zealand (2026)
New Zealand recorded domestic credit to the private sector of 142.6% of GDP in 2024, World Bank World Development Indicators data show. Up from 141.2% of GDP in 2023 to 142.6% of GDP in 2024 (+1.4 percentage points). New Zealand ranks #6 of 25 economies in East Asia & Pacific on this measure, and #8 of 160 globally.
Key Statistics
- Latest value (2024)
- 142.6% of GDP (2024)
- Private Sector Credit in New Zealand as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +1.4 pp (2024)
- Up from 141.2% of GDP in 2023 to 142.6% of GDP in 2024 (+1.4 percentage points).
- Earliest value in this dataset (2014)
- 148.8% of GDP (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 148.8% of GDP in 2014 to 142.6% of GDP in 2024.
- Peak value (2020)
- 159.5% of GDP (2020)
- Highest value in the available series; the 2024 value is 142.6% of GDP.
- Rank in East Asia & Pacific
- #6 of 25 (2024)
- New Zealand ranks 6 of 25 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #8 of 160 (2024)
- New Zealand ranks 8 of 160 countries with data globally.
- East Asia & Pacific average
- 96.2% of GDP (2024)
- New Zealand (142.6% of GDP) is above the average of 96.2% of GDP across the 25 countries in East Asia & Pacific with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 129.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 135% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in New Zealand (2024)
- 93.5% (2024)
- 93.5% of the population in New Zealand used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 5.3 million (2024)
- New Zealand had a population of 5.3 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 142.6% | +1.4 pp |
| 2023 | 141.2% | −4.9 pp |
| 2022 | 146.1% | −9.4 pp |
| 2021 | 155.5% | −4.0 pp |
| 2020 | 159.5% | +4.1 pp |
| 2019 | 155.4% | +2.2 pp |
| 2018 | 153.2% | +0.1 pp |
| 2017 | 153.1% | −1.7 pp |
| 2016 | 154.8% | +2.6 pp |
| 2015 | 152.1% | +3.3 pp |
| 2014 | 148.8% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in New Zealand?
Domestic credit to the private sector in New Zealand stood at 142.6% of GDP in 2024, according to World Bank World Development Indicators data.
How has private sector credit in New Zealand changed over time?
World Bank World Development Indicators data show a decline from 148.8% of GDP in 2014 to 142.6% of GDP in 2024.
How does New Zealand compare with other countries in East Asia & Pacific?
New Zealand ranks 6 of 25 countries in East Asia & Pacific with data, with 142.6% of GDP versus a regional average of 96.2% of GDP (latest values per country).
Where does New Zealand rank globally on private sector credit?
New Zealand ranks 8 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .