Mortgage loans rose 7.87% to USD 172 bil in New Zealand in 2017, according to the National Central Bank.
Historically, mortgage loans in New Zealand reached an all time high of USD 172 bil in 2017 and an all time low of USD 27.1 bil in 1995. When compared to New Zealand's main peers, mortgage loans in Australia amounted to USD 1,345 bil, USD 30.1 bil in Indonesia, USD 120 bil in Malaysia and USD 11.7 bil in Philippines in 2017.
New Zealand has been ranked 14th within the group of 79 countries we follow in terms of mortgage loans, 5 places above the position seen 10 years ago.
Mortgage Loans (USD) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Australia | USD bil | 1,345 | 1,309 | 1,349 | 1,511 | 1,536 | ||||||||||||||||
Cambodia | USD bil | ... | ... | ... | ... | ... | ... | ... | 1.41 | 2.03 | 2.77 | 3.46 | 4.68 | |||||||||
China | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Indonesia | USD bil | ... | ... | 30.1 | 44.5 | 51.2 | 51.5 | 53.0 | ||||||||||||||
Malaysia | USD bil | ... | ... | ... | 120 | ... | ... | ... | ... | |||||||||||||
New Zealand | USD bil | 172 | 127 | 137 | 158 | ... | ... | ... | ||||||||||||||
Papua New Guinea | USD bil | ... | ... | ... | ... | ... | 0.624 | 0.595 | 0.725 | 0.795 | 0.810 | |||||||||||
Philippines | USD bil | ... | ... | ... | ... | ... | 11.7 | 12.5 | 14.5 | 16.7 | 17.0 | |||||||||||
Singapore | USD bil | 152 | ... | ... | ... | ... | ... | ... | ||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 64.3 | 69.5 | 78.8 | 84.0 | 78.9 | ||||||||||||||||
Vietnam | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |