The benchmark interest rate in New Zealand was last recorded at 1.75 percent. Interest Rate in New Zealand averaged 7.37 percent from 1985 until 2018, reaching an all time high of 67.32 percent in March of 1985 and a record low of 1.75 percent in November of 2016.
Interest Rate in New Zealand is expected to be 1.75 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 Zealand to stand at 2.00 in 12 months time. In the long-term, the New Zealand Interest Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.