The benchmark interest rate in New Caledonia was last recorded at 0.25 percent. Interest Rate in New Caledonia averaged 1.06 percent from 2008 until 2019, reaching an all time high of 3 percent in October of 2008 and a record low of 0.25 percent in June of 2016.
Interest Rate in New Caledonia is expected to be 0.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in New Caledonia to stand at 0.50 in 12 months time. In the long-term, the New Caledonia Interest Rate is projected to trend around 0.75 percent in 2020, according to our econometric models.