New Zealand: Consumer credit

* indicates monthly or quarterly data series
The most recent value is 7.7 billion New Zealand Dollar as of December 2024, no change compared to the previous value of 7.7 billion New Zealand Dollar. Historically, the average for New Zealand from December 2016 to December 2024 is 9.18 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. Click on the following link to see the values of: Consumer credit around the world.
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* indicates monthly or quarterly data series

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Recent values New Zealand: Consumer credit, billion currency units
2024  Dec 7.7
2024  Nov 7.7
2024  Oct 7.57
2024  Sep 7.57
2024  Aug 7.51
2024  Jul 7.49
2024  Jun 7.58
2024  May 7.58


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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 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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