New Zealand: Financial freedom

* indicates monthly or quarterly data series
 New Zealand

Financial freedom index (0-100)

 Latest value 80
 Year 2023
 Measure points
 Data availability 1996 - 2023
 Average 84
 Min - Max 80 - 90
 Source The Heritage Foundation
For that indicator, we provide data for New Zealand from 1996 to 2023. The average value for New Zealand during that period was 84 points with a minimum of 80 points in 2007 and a maximum of 90 points in 1996. The latest value from 2023 is 80 points. For comparison, the world average in 2023 based on 175 countries is 49 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
New Zealand - Financial freedom - recent values

Historical chart
New Zealand - Financial freedom - historical chart - 1996-2023

The Financial Freedom index for New Zealand from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.

 Related indicators Latest value Reference Measure
 Property rights 88 2023 points
 Freedom from corruption 97 2023 points
 Fiscal freedom 72 2023 points
 Business freedom 89 2023 points
 Labor freedom 72 2023 points
 Monetary freedom 78.70 2023 points
 Trade freedom 90 2023 points
 Investment freedom 70 2023 points
 Financial freedom 80 2023 points
 Economic freedom, overall index 79 2023 index points
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