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Bank of New Zealand Interest Rate

Interest Rate in New Zealand

Indicator Data Period
Interest Rate 5.5 % Oct/23


Latest data on Interest Rate (%)

Interest Rate
                     New Zealand - Historical Data (%)

What is Bank of New Zealand Interest Rate?

  • Interest Rate in New Zealand remained unchanged at 5.5 % in October 2023. The maximum level was 67.32 % and minimum was 0.25 %.
  • Data published Monthly by Reserve Bank.

Historical Data (%) by years

Data
Period
Date
5.5 Oct/23 04.10.2023
5.5 Aug/23 16.08.2023
5.5 Jul/23 14.07.2023
5.5 Jun/23 04.07.2023
5.5 May/23 24.05.2023
5.25 Apr/23 05.04.2023
4.75 Feb/23 22.02.2023
4.25 Jan/23 13.02.2023


Historical Chart by prime ministers (%)

Interest 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 6.5000 1.7500 6.5000 1.7500 -73.08%
Helen Clark 05.12.1999 - 19.11.2008 5.0000 6.5000 8.2500 4.7500 30.00%
Jennifer Shipley 08.12.1997 - 13.04.1999 7.6300 4.5000 9.1600 3.3000 -41.02%
James Bolger 02.11.1990 - 08.12.1997 13.4100 7.1100 13.4100 4.3200 -46.98%

Other money indicators in New Zealand

Index Updated Actual Previous
Bank Lending Rate Sep/23 12.68 % 12.66
Interbank Rate Oct/23 5.68 % 5.68
Loans to Private Sector Jul/23 79.255 B USD 79.923
Money Supply M1 Aug/23 71.634 B USD 72.797
Central Bank Balance Sheet Aug/23 58.478 B USD 57.488
Deposit Interest Rate 2023 5.36 % 5.36
Foreign Direct Investment 2Q/23 0.111 B USD 0.912
Private Sector Credit  Aug/23 335.227 B USD 333.808

Interest Rate in other countries

Country Updated Actual Previous
Australia Oct/23 4.1 % 4.1
New Zealand Oct/23 5.5 % 5.5
Papua New Guinea Oct/23 3 % 3
Fiji Sep/23 0.25 % 0.25