New Zealand: Business credit

* indicates monthly or quarterly data series
The most recent value is 279.42 billion New Zealand Dollar as of December 2024, an increase compared to the previous value of 279.21 billion New Zealand Dollar. Historically, the average for New Zealand from December 2016 to December 2024 is 251.88 billion New Zealand Dollar. The minimum of 218.3 billion New Zealand Dollar was recorded in December 2016, while the maximum of 279.42 billion New Zealand Dollar was reached in December 2024. Click on the following link to see the values of: Business credit around the world.
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* indicates monthly or quarterly data series

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Recent values New Zealand: Business credit, billion currency units
2024  Dec 279.42
2024  Nov 279.21
2024  Oct 277.3
2024  Sep 277.12
2024  Aug 277.28
2024  Jul 275.89
2024  Jun 276.3
2024  May 276.34


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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest Reference Measure
 Inflation 5.7 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1.7784 1/2025 Local Currency Units per USD
 Money supply (broad money) 430.07 12/2024 billion
 Consumer Price Index (CPI) 1,287.0000 Q4/2024 index points
 Inflation, monthly 0.55 Q4/2024 percent
 Inflation, annual 2.22 Q4/2024 percent
 Private sector credit 557.75 12/2024 billion
 Business credit 279.42 12/2024 billion
 Household credit 278.33 12/2024 billion
 Mortgage credit 270.63 12/2024 billion
 Consumer credit 7.70 12/2024 billion
 Deposit interest rate 5.16 11/2024 percent
 Business credit interest rate 7.41 10/2024 percent
 Mortgage credit interest rate 6.51 11/2024 percent
 Policy rate 4.25 12/2024 percent
 Household debt to GDP 91.00 6/2024 percent
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