Deposit Interest Rate in New Zealand

Deposit Interest Rate in New Zealand decreased to 3.20 percent in 2016 from 3.80 percent in 2015. Deposit Interest Rate in New Zealand averaged 7.47 percent from 1981 until 2016, reaching an all time high of 16.32 percent in 1986 and a record low of 3.20 percent in 2016.

Deposit Interest Rate in New Zealand is expected to be 3.55 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in New Zealand is projected to trend around 3.58 percent in 2020, according to our econometric models.

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New Zealand Money	Last	Previous	Highest	Lowest	Unit
Interest Rate	1.75	1.75	67.32	1.75	percent	[+]
Interbank Rate	1.90	1.95	24.25	1.90	percent	[+]
Money Supply M0	6701.00	6719.00	213058.00	1081.00	NZD Million	[+]
Money Supply M1	69243.00	68630.00	71855.00	1585.70	NZD Million	[+]
Money Supply M3	309109.00	307559.00	311406.00	6726.00	NZD Million	[+]
Foreign Exchange Reserves	27716.00	28786.00	32785.00	1029.50	NZD Million	[+]
Banks Balance Sheet	548919.00	546469.00	548919.00	236047.00	NZD Million	[+]
Deposit Interest Rate	3.20	3.80	16.32	3.20	percent	[+]
Loans To Private Sector	113028.00	113177.00	113177.00	34958.00	NZD Million	[+]
Central Bank Balance Sheet	26176.00	36050.00	36050.00	7116.00	NZD Million	[+]

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in New Zealand. Deposit Interest Rate in New Zealand - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.20	3.80	16.32	3.20	1981 - 2016	percent	Yearly

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Country	Last		Previous	Range
Turkey	22.50	Mar/19	22.5	398 : 1.5	%
Argentina	21.55	Dec/17	18.95	17236 : 3.01	%
Brazil	8.51	Dec/17	12.4	9394 : 7.81	%
South Africa	7.25	Dec/17	7.17	18.86 : 5.15	%
Russia	6.24	Feb/19	6.1	102 : 5	%
Indonesia	5.25	Mar/19	5.25	56 : 3	%
Saudi Arabia	3.40	Apr/19	3.4	9.04 : 0.5	%
Mexico	2.70	Dec/17	1.29	94.96 : 0.59	%
Australia	1.85	Mar/19	1.85	17.25 : 1.85	%
South Korea	1.67	Dec/17	1.56	19.5 : 1.56	%
United Kingdom	0.50	Mar/19	0.5	4.25 : 0	%
China	0.35	Mar/19	0.35	3.15 : 0.35	%
Japan	0.32	Dec/17	0.3	5.5 : 0.04	%
Singapore	0.14	Dec/17	0.19	10.71 : 0.14	%
Canada	0.10	Dec/17	0.1	15.96 : 0.05	%
Switzerland	-0.31	Feb/19	-0.31	9.75 : -0.34	%
Euro Area	-0.40	Apr/19	-0.4	3.75 : -0.4	%