As at June | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | |||||||
Horticulture and fruit growing | ||||||||||||||
Plant nurseries and Cut flower and flower seed growing | 111 | 106 | 110 | 106 | 120 | 120 | 126 | |||||||
Vegetable growing | 453 | 476 | 561 | 526 | 559 | 731 | 706 | |||||||
Grape growing | 1,079 | 1,411 | 1,485 | 1,411 | 1,311 | 1,299 | 1,269 | |||||||
Apple and pear growing | 260 | 249 | 276 | 263 | 272 | 333 | 331 | |||||||
Kiwi fruit growing | 633 | 622 | 658 | 688 | 700 | 654 | 679 | |||||||
Stone fruit growing and Fruit growing n.e.c. | 195 | 270 | 267 | 269 | 262 | 261 | 249 | |||||||
Total | 2,730 | 3,134 | 3,357 | 3,263 | 3,223 | 3,398 | 3,359 | |||||||
Grain, sheep and beef cattle farming | ||||||||||||||
Grain growing | 586 | 721 | 786 | 733 | 920 | 934 | 1,004 | |||||||
Grain-sheep and grain-beef cattle farming | 602 | 627 | 683 | 791 | 814 | 913 | 1,007 | |||||||
Sheep-beef cattle farming | 6,186 | 6,280 | 6,462 | 6,207 | 5,854 | 6,256 | 6,115 | |||||||
Sheep farming | 1,215 | 1,384 | 1,452 | 1,423 | 1,828 | 1,912 | 1,802 | |||||||
Beef cattle farming | 1,659 | 1,933 | 1,949 | 1,976 | 1,896 | 1,943 | 1,866 | |||||||
Total | 10,248 | 10,945 | 11,331 | 11,129 | 11,311 | 11,957 | 11,793 | |||||||
Dairy cattle farming | ||||||||||||||
Total loans - Total dairy | 24,239 | 28,982 | 29,710 | 29,992 | 31,008 | 32,623 | 34,519 | |||||||
Poultry farming | ||||||||||||||
Total loans - Total poultry | 182 | 193 | 201 | 226 | 251 | 264 | 279 | |||||||
Other livestock farming | ||||||||||||||
Pig farming | 101 | 128 | 132 | 128 | 126 | 134 | 139 | |||||||
Horse farming | 109 | 135 | 154 | 146 | 155 | 152 | 157 | |||||||
Deer farming | 254 | 248 | 242 | 225 | 318 | 336 | 311 | |||||||
Livestock farming n.e.c. | 420 | 417 | 394 | 413 | 539 | 591 | 632 | |||||||
Total | 884 | 928 | 922 | 911 | 1,138 | 1,213 | 1,238 | |||||||
Other crop growing | ||||||||||||||
Total loans - Total other n.e.c. | 91 | 103 | 114 | 137 | 106 | 148 | 106 | |||||||
Total agriculture 'on farm' | ||||||||||||||
Total loans - Total on farm | 38,374 | 44,285 | 45,635 | 45,658 | 47,037 | 49,602 | 51,294 | |||||||
Services to agriculture and hunting trapping | ||||||||||||||
Total loans - Total services to agriculture | 871 | 1,065 | 1,007 | 975 | 1,174 | 1,299 | 1,487 | |||||||
Total agriculture | ||||||||||||||
Total loans - Agriculture | 39,245 | 45,350 | 46,642 | 46,633 | 48,211 | 50,900 | 52,781 | |||||||
Last updated 12 September 2014 |
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Source: Reserve Bank of New Zealand |
The Data: Coverage, Periodicity, and Timeliness |
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Coverage characteristics |
Data are published in millions of New Zealand dollars on the value of agriculture and agribusiness credit by industry and loan type. The data covers all registered banks. A long-run agriculture series can be found in the ‘Credit by lender as at December’ and ‘Long-run credit at December’ tables. |
Annual (as at 30 June) |
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Timeliness |
Released in August or September. . |
Access by the public |
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Statistics release calendar |
The Statistics Release Calendar is a long-term plan of scheduled releases. It is updated on the last working day of the month.
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Integrity |
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Dissemination of terms and conditions under which official statistics are produced, including confidentiality of individual responses |
Data is collected under Section 36 of The Reserve Bank of New Zealand Act 1989 (The Act). The Reserve Bank of New Zealand publishes only aggregated data. Individual institutional data is confidential. |
Provision of information about revisions and advance notice of major changes in methodology |
Provisional data is italicised. Data is deemed provisional when a series is under review. New data, or revised data, is in bold font. Revisions are generally published when a table is next due to be updated and released. |
Quality |
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Dissemination of documentation on methodology and sources used in preparing statistics |
This data was first compiled and published in the December 1986 issue of the Reserve Bank Bulletin. Information about data sources and the evolution of agriculture credit statistics is available in the June 2002 Reserve Bank Bulletin. |
Dissemination of statistics that support statistical cross-check and provide assurance of reasonableness |
Table S7 Aggregate Standard Statistical Return (SSR) for registered banks provides monthly data on registered bank agriculture credit. |
Annual agriculture credit statistics data was first compiled and published in December 1986 issue of the Reserve Bank Bulletin. Information about data sources and the evolution of agriculture credit statistics is available in the June 2002 issue of the Bulletin.
All data from 2003 onwards is sourced from the RBNZ Annual Agriculture Survey.
Definitions: Annual Agriculture Statistics |
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Floating rate |
Loans that are fixed for less than 90 days; revolving or overdraft are included in floating rate loans. |
Fixed rate |
Loans that are fixed for more than 90 days are included in the fixed term loans. Additionally, some banks offer short-term (floating) interest rate loans that have 'swaps' against them. These loans are fixed for a chosen term and price. These loans are included in the fixed term loans. |
Agribusiness |
The value of credit extended by registered banks to non-farm businesses associated with the production, processing, and distribution of agricultural outputs. The usual practice of registered banks is to consider credit to these businesses as 'agribusiness' credit, and the values reported have been obtained by the RBNZ after consultation with respondents. This definition excludes, for example, businesses that manufacture products or equipment for farm use. |
Industry Breakdown |
Industry codes are based on an ANZSIC 2006 basis, and show the value of credit extended by registered banks to different subsectors of the agriculture industry. |
Notes
Invdividual figures may not sum to the totals due to rounding
Percentage changes are calculated on unrounded numbers
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