M3 monetary aggregate (units of local currency; seasonally unadjusted) - New Zealand - OECD - Monthly
This series is part of the dataset: M1 and M3 (OECD)
Download Full Dataset (.xlsx)Latest updates. In New Zealand, the M3 monetary aggregate stood at 451,046,000,000 units of local currency in May 2026, compared to 454,442,000,000 in April. This represents a reduction of 0.75 percent.
Sample. In the monthly series displayed in the graph, there are 591 records overall. The span of time covered by the series stretches from March 1977 to May 2026.
History. Check out some statistics we calculated on the full sample: the aggregate averaged 138,548,178,090 local-currency units; it hit a trough of 2,324,107,000 in March 1977; it reached its maximum of 455,643,000,000 in March 2026.
Latest values
| Date | Value - Units of local currency |
|---|---|
| 2026-03-31 | 455643000000.0 |
| 2026-04-30 | 454442000000.0 |
| 2026-05-31 | 451046000000.0 |
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Series Metadata
| Field | Value |
|---|---|
| Description | M3 monetary aggregate |
| Country | New Zealand |
| Economic concept | Stock |
| Data type | Nominal aggregate |
| Seasonally adjusted | No |
| Deflation method | Not applicable |
| Rescaling | None |
| Measure type | Level |
| Frequency | Monthly |
| Unit | Units of local currency |
| Source | OECD |
| Source type | International organization |
| Data licence | Redistributable with citation |
| Other information | Not available |
| FSR temporal aggregation code | LM1 |
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