Private Sector Credit in New Zealand increased to 476628 NZD Million in November from 475403 NZD Million in October of 2019. Private Sector Credit in New Zealand averaged 173355.47 NZD Million from 1981 until 2019, reaching an all time high of 476628 NZD Million in November of 2019 and a record low of 10449 NZD Million in January of 1981. source: Reserve Bank of New Zealand

Private Sector Credit in New Zealand is expected to be 464149.25 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in New Zealand to stand at 480000.00 in 12 months time. In the long-term, the New Zealand Private Sector Credit is projected to trend around 515960.70 NZD Million in 2020, according to our econometric models.

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New Zealand Private Sector Credit

Actual Previous Highest Lowest Dates Unit Frequency
476628.00 475403.00 476628.00 10449.00 1981 - 2019 NZD Million Monthly

New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 109.90 103.10 130.90 79.10 points [+]
Retail Sales MoM 1.60 0.20 2.90 -2.80 percent [+]
Retail Sales YoY 4.50 2.90 9.30 -8.00 percent [+]
Consumer Spending 39684.00 39358.00 39684.00 15205.00 NZD Million [+]
Private Sector Credit 476628.00 475403.00 476628.00 10449.00 NZD Million [+]
Bank Lending Rate 9.00 9.00 16.02 7.50 percent [+]
Households Debt To GDP 94.60 94.40 94.60 27.90 percent of GDP [+]
Households Debt To Income 164.40 164.20 164.40 56.20 percent [+]
Credit Card Spending 5822.00 5871.00 5871.00 2155.00 NZD Million [+]