Total Credit — Value Standard Local Currency in New Zealand
New Zealand: Total Credit — Value Standard Local Currency was 968,322 million SLC in 2024. ◆ Volatile
Total Credit — Value Standard Local Currency in New Zealand, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
New Zealand recorded 968,322 million SLC for total credit — value standard local currency in 2024. That is the highest value across all 34 years on record.
The figure is up 3.3% on the previous year and up 72.1% over ten years.
Over the whole period, total credit — value standard local currency in New Zealand peaked at 968,322 million SLC in 2024 and was at its lowest, 29,148 million SLC, in 1991.
That places New Zealand 69th 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 in New Zealand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1991 | 29,148 million SLC | — |
| 1992 | 33,259 million SLC | +14.1% |
| 1993 | 38,111 million SLC | +14.6% |
| 1994 | 44,674 million SLC | +17.2% |
| 1995 | 52,170 million SLC | +16.8% |
| 1996 | 60,971 million SLC | +16.9% |
| 1997 | 67,735 million SLC | +11.1% |
| 1998 | 170,323 million SLC | +151.5% |
| 1999 | 187,528 million SLC | +10.1% |
| 2000 | 202,189 million SLC | +7.8% |
| 2001 | 218,887 million SLC | +8.3% |
| 2002 | 237,420 million SLC | +8.5% |
| 2003 | 268,588 million SLC | +13.1% |
| 2004 | 307,771 million SLC | +14.6% |
| 2005 | 353,964 million SLC | +15.0% |
| 2006 | 399,831 million SLC | +13.0% |
| 2007 | 450,179 million SLC | +12.6% |
| 2008 | 479,169 million SLC | +6.4% |
| 2009 | 485,043 million SLC | +1.2% |
| 2010 | 489,679 million SLC | +1.0% |
| 2011 | 494,034 million SLC | +0.9% |
| 2012 | 512,509 million SLC | +3.7% |
| 2013 | 538,060 million SLC | +5.0% |
| 2014 | 562,623 million SLC | +4.6% |
| 2015 | 603,224 million SLC | +7.2% |
| 2016 | 652,796 million SLC | +8.2% |
| 2017 | 688,925 million SLC | +5.5% |
| 2018 | 726,976 million SLC | +5.5% |
| 2019 | 770,657 million SLC | +6.0% |
| 2020 | 807,832 million SLC | +4.8% |
| 2021 | 875,311 million SLC | +8.4% |
| 2022 | 914,274 million SLC | +4.5% |
| 2023 | 937,695 million SLC | +2.6% |
| 2024 | 968,322 million SLC | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 75,991 million SLC | 29,148 million SLC | 187,528 million SLC | 9 |
| 2000s | 340,304 million SLC | 202,189 million SLC | 485,043 million SLC | 10 |
| 2010s | 603,948 million SLC | 489,679 million SLC | 770,657 million SLC | 10 |
| 2020s | 900,687 million SLC | 807,832 million SLC | 968,322 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 in New Zealand?
- Total credit — value standard local currency in New Zealand was 968,322 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in New Zealand?
- The highest recorded value was 968,322 million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in New Zealand?
- The lowest recorded value was 29,148 million SLC in 1991.
- How does New Zealand rank for total credit — value standard local currency?
- New Zealand ranks 69th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in New Zealand?
- Over the last ten years it is up 72.1%. 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. 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.