Outstanding debts of businesses in New Zealand
By debt type, 2022, % of businesses (with 6+ employees)
Type of outstanding debt | % of businesses |
---|---|
Bank overdraft | 38% |
Loan with term of less than 1 year | 20% |
Loan with term of more than 1 year | 44% |
Mortgage loan | 17% |
Trade creditor or supplier | 53% |
Capital / financing lease and hire purchase agreement | 23% |
Credit card | 44% |
Shareholders' current account | 32% |
Other | 57% |