Deposit Interest Rate in New Zealand increased to 4.12 percent in January from 4.09 percent in December of 2025. 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 4.12 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 5.37 percent in 2027 and 5.62 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 767791.00 766836.00 NZD Million Dec 2025
Central Bank Balance Sheet 73262.00 72216.00 NZD Million Jan 2026
Deposit Interest Rate 4.12 4.09 percent Jan 2026
Foreign Exchange Reserves 51186.00 48654.00 NZD Million Jan 2026
Interbank Rate 2.50 2.50 percent Feb 2026
RBNZ Interest Rate 2.25 2.25 percent Feb 2026
Loans to Private Sector 142679.00 141977.00 NZD Million Dec 2025
Money Supply M0 9889.00 9863.00 NZD Million Jan 2026
Money Supply M1 134663.00 131123.00 NZD Million Dec 2025
Money Supply M3 447880.00 443578.00 NZD Million Dec 2025


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
4.12 4.09 5.46 0.95 2017 - 2026 percent Monthly