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 (%)
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 |
