Deposit Interest Rate in New Zealand increased to 1.25 percent on Friday October 11 from 1.18 percent in the previous trading day. Deposit Interest Rate in New Zealand averaged 4.70 percent from 1981 until 2019, reaching an all time high of 16.32 percent in December of 1986 and a record low of 1.02 percent in September of 2019.

Deposit Interest Rate in New Zealand is expected to be 2.95 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in New Zealand to stand at 1.20 in 12 months time. In the long-term, the Deposit Interest Rate in New Zealand is projected to trend around 4.45 percent in 2020, according to our econometric models.

Deposit Interest Rate in New Zealand
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New Zealand Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 67.32 1.00 percent [+]
Interbank Rate 1.53 1.25 24.25 1.25 percent [+]
Money Supply M0 6780.00 6771.00 213058.00 1081.00 NZD Million [+]
Money Supply M1 72766.00 74553.00 74553.00 1585.70 NZD Million [+]
Money Supply M3 317171.00 318977.00 318977.00 6726.00 NZD Million [+]
Foreign Exchange Reserves 29482.00 27608.00 32785.00 1029.50 NZD Million [+]
Banks Balance Sheet 575660.00 563052.00 575660.00 236047.00 NZD Million [+]
Deposit Interest Rate 1.25 1.18 16.32 1.02 percent [+]
Loans To Private Sector 117623.00 116857.00 117623.00 34958.00 NZD Million [+]
Central Bank Balance Sheet 27822.00 24911.00 36050.00 7116.00 NZD Million [+]


Deposit Interest Rate in New Zealand

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in New Zealand. Deposit Interest Rate in New Zealand - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.25 1.18 16.32 1.02 1981 - 2019 percent Daily




Country Last Previous
Argentina 57.62 Oct/19
Turkey 15.00 Sep/19
South Africa 7.00 Jul/19
Russia 5.27 Aug/19
Brazil 5.14 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.70 Jul/19
Saudi Arabia 3.40 Oct/19
Canada 1.83 Oct/19
South Korea 1.81 Jul/19
Australia 1.35 Sep/19
United Kingdom 0.50 Sep/19
China 0.35 Sep/19
Singapore 0.20 Aug/19
Japan -0.13 Oct/19
Switzerland -0.41 Aug/19
Euro Area -0.50 Sep/19


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