New Zealand: Consumer credit
* indicates monthly or quarterly data series
The most recent value is 7.58 billion New Zealand Dollar as of June 2024, no change compared to the previous value of 7.58 billion New Zealand Dollar. Historically, the average for New Zealand from December 2016 to June 2024 is 9.28 billion New Zealand Dollar. The minimum of 7.23 billion New Zealand Dollar was recorded in August 2022, while the maximum of 11.38 billion New Zealand Dollar was reached in December 2018.
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* indicates monthly or quarterly data series
- Measure: billion New Zealand Dollar
- Source: Reserve Bank of New Zealand
| Recent values | New Zealand: Consumer credit, billion currency units |
|---|---|
| 2024 Jun | 7.58 |
| 2024 May | 7.58 |
| 2024 Apr | 7.69 |
| 2024 Mar | 7.71 |
| 2024 Feb | 7.74 |
| 2024 Jan | 7.73 |
| 2023 Dec | 7.81 |
| 2023 Nov | 7.83 |
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Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.7 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 1.6874 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 404.88 | 9/2023 | billion |
| Consumer Price Index (CPI) | 1,253.0000 | Q3/2023 | index points |
| Inflation, monthly | 1.79 | Q3/2023 | percent |
| Inflation, annual | 5.65 | Q3/2023 | percent |
| Private sector credit | 536.51 | 9/2023 | billion |
| Business credit | 272.03 | 9/2023 | billion |
| Household credit | 264.49 | 9/2023 | billion |
| Mortgage credit | 256.90 | 9/2023 | billion |
| Consumer credit | 7.59 | 9/2023 | billion |
| Deposit interest rate | 5.85 | 9/2023 | percent |
| Business credit interest rate | 7.88 | 9/2023 | percent |
| Mortgage credit interest rate | 7.51 | 9/2023 | percent |
| Policy rate | 5.50 | 9/2023 | percent |
| Household debt to GDP | 91.40 | 9/2023 | percent |