Deposit Interest Rate in New Zealand increased to 4.25 percent in February from 4.12 percent in January of 2026. Deposit Interest Rate in New Zealand averaged 3.69 percent from 2017 until 2026, reaching an all time high of 5.46 percent in November of 2023 and a record low of 0.95 percent in January of 2021. source: Reserve Bank of New Zealand

Deposit Interest Rate in New Zealand is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in New Zealand is projected to trend around 5.50 percent in 2027 and 5.75 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 770302.00 767791.00 NZD Million Jan 2026
Central Bank Balance Sheet 73262.00 72216.00 NZD Million Jan 2026
Deposit Interest Rate 4.25 4.12 percent Feb 2026
Foreign Exchange Reserves 48835.00 51186.00 NZD Million Feb 2026
Interbank Rate 2.50 2.50 percent Mar 2026
RBNZ Interest Rate 2.25 2.25 percent Feb 2026
Loans to Private Sector 142853.00 142668.00 NZD Million Jan 2026
Money Supply M0 9889.00 9863.00 NZD Million Jan 2026
Money Supply M1 130122.00 134663.00 NZD Million Jan 2026
Money Supply M3 441739.00 447880.00 NZD Million Jan 2026


Deposit Interest Rate in New Zealand
The Deposit Interest Rate in New Zealand is the the average rates for new customer term deposits of at least 10,000 New Zealand dollars, offered by all registered banks, with terms longer than one day.
Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.12 5.46 0.95 2017 - 2026 percent Monthly