Bank assets as a share of GDP reached 182 % in 2013 in New Zealand, according to the National Central Bank. This is 3.56 % less than in the previous year.
Historically, bank assets as a share of GDP in New Zealand reached an all time high of 212 % in 2008 and an all time low of 12.7 % in 1965. When compared to New Zealand's main peers, bank assets as a share of GDP in Australia amounted to 250 %, 51.7 % in Indonesia, 201 % in Malaysia and 74.5 % in Philippines in 2013.
New Zealand has been ranked 28th within the group of 163 countries we follow in terms of bank assets as a share of GDP, 8 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.