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Deposit Interest Rate in New Zealand

Deposit Interest Rate in New Zealand

Indicator Data Period
Deposit Interest Rate 5.59 % 2023


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     New Zealand - Historical Data (%)

What is average deposit bank interest rate in New Zealand?

  • Bank Deposit Interest Rate in New Zealand remained unchanged at 5.59 % in 2023. The maximum rate was 16.32 % and minimum was -0.13 %.
  • Data published Yearly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
5.59 2023 06.09.2023
5.45 2023 01.08.2023
5.39 2023 14.07.2023
5.38 2023 01.06.2023
5.44 2023 01.05.2023
5.33 2023 03.04.2023
4.88 2023 01.03.2023
4.79 2023 01.02.2023


Historical Chart by prime ministers (%)

Deposit Interest Rate in New Zealand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in New Zealand

Index Updated Actual Previous
Bank Lending Rate Aug/23 12.66 % 12.66
Interbank Rate Sep/23 5.71 % 5.71
Interest Rate Aug/23 5.5 % 5.5
Loans to Private Sector Jul/23 78.37 B USD 79.031
Money Supply M1 Jul/23 71.985 B USD 71.915
Central Bank Balance Sheet Aug/23 57.825 B USD 56.846
Foreign Direct Investment 2Q/23 0.11 B USD 0.902
Private Sector Credit  Jul/23 330.083 B USD 330.009

Deposit Interest Rate in other countries

Country Updated Actual Previous
Australia Aug/23 2.8 % 2.8
New Zealand 2023 5.59 % 5.59
Papua New Guinea 2022 0.24 % 0.28
Fiji 2022 1.11 % 1.85