New Zealand's net domestic credit (current LCU) was 640.25 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 65.01% from 388 billion in 2015 (5.14% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 640.25 billion | 2025 |
| Five years earlier | 544.48 billion | 2020 |
| Ten years earlier | 388 billion | 2015 |
| Highest | 640.25 billion | 2025 |
| Lowest | 613 million | 1962 |
| Average since 2016 | 537.02 billion | 2016–2025 |
| First recorded | 619.3 million |
What the numbers say
In 2025, New Zealand's net domestic credit (current LCU) rose 4.2% on 2024 (from 614.48 billion to 640.25 billion).
Across the 30 yearly changes before that (1992 to 2024), the average change was +7.5% and a typical year strayed about 4% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 144.6% in 1988 and the biggest yearly fall was 7.4% in 1962. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 26.28 billion a year. A straight line explains 96% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, New Zealand had the 60th highest value of the 104 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to New Zealand in the 2025 ranking
- Mauritius — 56th of 104: 1.08 trillion
- Honduras — 57th of 104: 825.82 billion
- North Macedonia — 58th of 104: 655.53 billion
- Romania — 60th of 104: 604.19 billion
- Mozambique — 61st of 104: 594.45 billion
- Haiti — 62nd of 104: 535.35 billion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 64 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2025 | 640,246,679,000 |
| 2024 | 614,483,185,000 |
| 2023 | 601,575,587,000 |
| 2022 | 594,069,101,000 |
| 2021 | 576,331,859,000 |
| 2020 | 544,481,997,000 |
| 2019 | 489,097,895,000 |
| 2018 | 458,830,824,000 |
| 2017 | 435,692,932,000 |
| 2016 | 415,342,313,000 |
Net domestic credit (current LCU) in nearby economies
- Australia — 5.96 trillion (2025)
- Brunei Darussalam — 6.91 billion (2025)
- Cambodia — 224.95 trillion (2025)
- China — 353.25 trillion (2024)
- Fiji — 12.36 billion (2025)
- Hong Kong SAR, China — 8.18 trillion (2025)
- Indonesia — 11,424.3 trillion (2025)
- Japan — 1,834.69 trillion (2025)
- Korea, Rep. — 5,011.73 trillion (2024)
- Macao SAR, China — 171.42 billion (2025)
- Malaysia
More financial sector data for New Zealand
- Consumer price index (2010 = 100) — 144.86 (2025)
- Inflation, consumer prices (annual % growth) — 2.84% (2025)
- GDP deflator (base year varies by country) — 125.11 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1.7 (2025)
- Official exchange rate (LCU per US$, period average) — US$1.72 (2025)
- Inflation, GDP deflator (annual % growth) — 3.62% (2025)
- Domestic credit to private sector by banks (% of GDP) — 129.68% (2025)
- Net foreign assets (current LCU) — -85.35 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 129.68% (2025)
Reading data like this
Questions people ask
- What is New Zealand's net domestic credit (current LCU)?
- 640.25 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 103,282% from 619.3 million in 1960 (11.27% a year on average, compounded). The highest value was 640.25 billion in 2025 and the lowest 613 million in 1962.
- How does New Zealand rank?
- 60th highest of 104 economies with data for 2025.
- Is the latest change in net domestic credit (current LCU) unusual for New Zealand?
- In 2025, New Zealand's net domestic credit (current LCU) rose 4.2% on 2024 (from 614.48 billion to 640.25 billion). Across the 30 yearly changes before that (1992 to 2024), the average change was +7.5% and a typical year strayed about 4% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in