Electronic card transactions in New Zealand rose 11.7% percent year-on-year to NZD 6086 million in February of 2023, the lowest level of electronic card spending since June 2022, following a 2.7 percent increase in the previous month. On a seasonally-adjusted monthly basis, electronic card spending remained unchanged in the second month of 2023. source: Statistics New Zealand
Credit Card Spending in New Zealand averaged 4208.63 NZD Million from 2002 until 2023, reaching an all time high of 8146.00 NZD Million in December of 2022 and a record low of 56.91 NZD Million in August of 2002. This page provides - New Zealand Credit Card Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Credit Card Spending - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.
Credit Card Spending in New Zealand is expected to be 6050.00 NZD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Credit Card Spending is projected to trend around 8200.00 NZD Million in 2024 and 8400.00 NZD Million in 2025, according to our econometric models.