Total Credit — Value Standard Local Currency, 2015 prices in New Zealand
New Zealand: Total Credit — Value Standard Local Currency, 2015 prices was 730,233 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency, 2015 prices in New Zealand, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total credit — value standard local currency, 2015 prices in New Zealand stood at 730,233 million SLC.
The figure is up 0.3% on the previous year and up 28.6% over ten years.
Over the whole period, total credit — value standard local currency, 2015 prices in New Zealand peaked at 752,722 million SLC in 2021 and was at its lowest, 46,841 million SLC, in 1991.
That places New Zealand 67th out of 165 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total Credit — Value Standard Local Currency, 2015 prices in New Zealand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 46,841 million SLC | — |
| 1992 | 52,544 million SLC | +12.2% |
| 1993 | 59,432 million SLC | +13.1% |
| 1994 | 68,913 million SLC | +16.0% |
| 1995 | 78,531 million SLC | +14.0% |
| 1996 | 90,346 million SLC | +15.0% |
| 1997 | 99,871 million SLC | +10.5% |
| 1998 | 249,463 million SLC | +149.8% |
| 1999 | 272,578 million SLC | +9.3% |
| 2000 | 283,978 million SLC | +4.2% |
| 2001 | 297,345 million SLC | +4.7% |
| 2002 | 322,591 million SLC | +8.5% |
| 2003 | 357,360 million SLC | +10.8% |
| 2004 | 395,255 million SLC | +10.6% |
| 2005 | 444,928 million SLC | +12.6% |
| 2006 | 486,980 million SLC | +9.5% |
| 2007 | 524,464 million SLC | +7.7% |
| 2008 | 540,805 million SLC | +3.1% |
| 2009 | 544,508 million SLC | +0.7% |
| 2010 | 530,113 million SLC | -2.6% |
| 2011 | 523,819 million SLC | -1.2% |
| 2012 | 546,032 million SLC | +4.2% |
| 2013 | 546,375 million SLC | +0.1% |
| 2014 | 567,937 million SLC | +3.9% |
| 2015 | 603,224 million SLC | +6.2% |
| 2016 | 637,969 million SLC | +5.8% |
| 2017 | 655,550 million SLC | +2.8% |
| 2018 | 682,260 million SLC | +4.1% |
| 2019 | 702,392 million SLC | +3.0% |
| 2020 | 725,730 million SLC | +3.3% |
| 2021 | 752,722 million SLC | +3.7% |
| 2022 | 745,637 million SLC | -0.9% |
| 2023 | 728,209 million SLC | -2.3% |
| 2024 | 730,233 million SLC | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 113,169 million SLC | 46,841 million SLC | 272,578 million SLC | 9 |
| 2000s | 419,821 million SLC | 283,978 million SLC | 544,508 million SLC | 10 |
| 2010s | 599,567 million SLC | 523,819 million SLC | 702,392 million SLC | 10 |
| 2020s | 736,506 million SLC | 725,730 million SLC | 752,722 million SLC | 5 |
Countries ranked near New Zealand
More agriculture & rural data for New Zealand
- Agriculture, forestry, and fishing, value added (current US$), annual -10.07 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0401 current US$ per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current US$), per 1,976 current US$ per person (2023)
- Rural population, annual growth rate 0.275 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.16 units per person (2025)
- Share of GDP from agriculture 4.0% (2023)
- Agriculture as a share of GDP vs. GDP per capita 4.0% (2023)
- Agricultural raw materials exports 9.3% (2025)
- Agricultural raw materials imports 0.8% (2025)
Frequently asked questions
- What is total credit — value standard local currency, 2015 prices in New Zealand?
- Total credit — value standard local currency, 2015 prices in New Zealand was 730,233 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency, 2015 prices recorded in New Zealand?
- The highest recorded value was 752,722 million SLC in 2021.
- What is the lowest total credit — value standard local currency, 2015 prices recorded in New Zealand?
- The lowest recorded value was 46,841 million SLC in 1991.
- How does New Zealand rank for total credit — value standard local currency, 2015 prices?
- New Zealand ranks 67th out of 165 countries with data for 2024.
- Is total credit — value standard local currency, 2015 prices rising or falling in New Zealand?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.