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New Zealand Bank Lending Rate

Bank Lending Rate in New Zealand

Indicator Data Period
Bank Lending Rate 12.35 % May/23


Latest data on Bank Lending Rate (%)

Bank Lending Rate
                     New Zealand - Historical Data (%)

What is New Zealand Bank Lending Rate?

  • Bank Lending Rate in New Zealand increased to 12.35 % in May 2023. The maximum level was 16.02 % and minimum was 7.5 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
12.35 May/23 08.06.2023
12.16 Apr/23 05.05.2023
11.93 Mar/23 11.04.2023
11.62 Feb/23 07.03.2023
11.54 Jan/23 08.02.2023
11.47 Dec/22 12.01.2023
10.98 Nov/22 07.12.2022
10.93 Oct/22 10.11.2022


Historical Chart by prime ministers (%)

Bank Lending Rate in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
John Key 19.11.2008 - 12.12.2016 11.9000 9.2500 11.9000 9.2400 -22.27%
Helen Clark 05.12.1999 - 19.11.2008 8.0500 12.2300 12.4500 8.0500 51.93%
Jennifer Shipley 08.12.1997 - 13.04.1999 10.7500 7.5400 11.6400 7.5400 -29.86%
James Bolger 02.11.1990 - 08.12.1997 15.5400 10.6900 15.5400 8.3200 -31.21%

Other money indicators in New Zealand

Index Updated Actual Previous
Interbank Rate Jun/23 5.69 % 5.69
Interest Rate May/23 5.5 % 5.25
Loans to Private Sector Apr/23 81.355 B USD 80.971
Money Supply M1 Apr/23 75.701 B USD 75.462
Central Bank Balance Sheet Apr/23 57.673 B USD 62.876
Deposit Interest Rate 2023 5.38 % 5.38
Foreign Direct Investment 4Q/22 1.015 B USD 1.308
Private Sector Credit  Apr/23 337.949 B USD 337.098

Bank Lending Rate in other countries

Country Updated Actual Previous
Australia May/23 10.26 % 10.01
New Zealand May/23 12.35 % 12.16