Net lending (+) / net borrowing (-) in New Zealand
New Zealand: Net lending (+) / net borrowing (-) was -10.07 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in New Zealand, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net lending (+) / net borrowing (-) in New Zealand stood at -10.07 billion current LCU.
The figure is up 22.8% on the previous year and down 848.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in New Zealand peaked at 7.98 billion current LCU in 2006 and was at its lowest, -18.51 billion current LCU, in 2020.
New Zealand ranks 75th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | -85.00 million current LCU | — |
| 1973 | 18.00 million current LCU | -121.2% |
| 1974 | 17.00 million current LCU | -5.6% |
| 1975 | -370.00 million current LCU | -2276.5% |
| 1976 | 7.00 million current LCU | -101.9% |
| 1977 | -79.00 million current LCU | -1228.6% |
| 1978 | -753.00 million current LCU | +853.2% |
| 1979 | -511.00 million current LCU | -32.1% |
| 1980 | -925.00 million current LCU | +81.0% |
| 1981 | -1.32 billion current LCU | +42.9% |
| 1982 | -1.67 billion current LCU | +26.6% |
| 1983 | -2.38 billion current LCU | +42.5% |
| 1984 | -2.45 billion current LCU | +2.8% |
| 1985 | -1.40 billion current LCU | -43.0% |
| 1986 | -1.87 billion current LCU | +33.7% |
| 1987 | -1.15 billion current LCU | -38.6% |
| 1988 | -1.33 billion current LCU | +16.1% |
| 2002 | 2.20 billion current LCU | -265.4% |
| 2003 | 4.05 billion current LCU | +83.9% |
| 2004 | 5.48 billion current LCU | +35.3% |
| 2005 | 7.07 billion current LCU | +28.9% |
| 2006 | 7.98 billion current LCU | +12.9% |
| 2007 | 5.61 billion current LCU | -29.7% |
| 2008 | 5.94 billion current LCU | +5.8% |
| 2009 | 869.45 million current LCU | -85.4% |
| 2010 | -5.36 billion current LCU | -716.9% |
| 2011 | -14.01 billion current LCU | +161.3% |
| 2012 | -5.12 billion current LCU | -63.5% |
| 2013 | -2.42 billion current LCU | -52.7% |
| 2014 | -1.06 billion current LCU | -56.2% |
| 2015 | 709.70 million current LCU | -166.8% |
| 2016 | 2.06 billion current LCU | +190.1% |
| 2017 | 4.12 billion current LCU | +100.0% |
| 2018 | 4.44 billion current LCU | +7.7% |
| 2019 | 4.28 billion current LCU | -3.5% |
| 2020 | -18.51 billion current LCU | -532.1% |
| 2021 | -7.38 billion current LCU | -60.1% |
| 2022 | -15.05 billion current LCU | +104.1% |
| 2023 | -13.03 billion current LCU | -13.4% |
| 2024 | -10.07 billion current LCU | -22.8% |
New Zealand compared with similar countries
- New Zealand's -10.07 billion current LCU is below the median for high income countries, which is -2.76 billion current LCU, 3.7× the median. (57 countries reporting)
- New Zealand's -10.07 billion current LCU is below the median for East Asia & Pacific, which is -24.64 million current LCU, 408.5× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) in New Zealand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | -2276.5% | 17.00 million current LCU | -370.00 million current LCU |
| 1977 | -1228.6% | 7.00 million current LCU | -79.00 million current LCU |
| 1978 | -853.2% | -79.00 million current LCU | -753.00 million current LCU |
| 2010 | -716.9% | 869.45 million current LCU | -5.36 billion current LCU |
| 2020 | -532.1% | 4.28 billion current LCU | -18.51 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -219.50 million current LCU | -753.00 million current LCU | 18.00 million current LCU | 8 |
| 1980s | -1.61 billion current LCU | -2.45 billion current LCU | -925.00 million current LCU | 9 |
| 2000s | 4.90 billion current LCU | 869.45 million current LCU | 7.98 billion current LCU | 8 |
| 2010s | -1.24 billion current LCU | -14.01 billion current LCU | 4.44 billion current LCU | 10 |
| 2020s | -12.81 billion current LCU | -18.51 billion current LCU | -7.38 billion current LCU | 5 |
Countries ranked near New Zealand
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Frequently asked questions
- What is net lending (+) / net borrowing (-) in New Zealand?
- Net lending (+) / net borrowing (-) in New Zealand was -10.07 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in New Zealand?
- The highest recorded value was 7.98 billion current LCU in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in New Zealand?
- The lowest recorded value was -18.51 billion current LCU in 2020.
- How does New Zealand rank for net lending (+) / net borrowing (-)?
- New Zealand ranks 75th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in New Zealand?
- Over the last ten years it is down 848.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.