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 (%)
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 |
