Bank net interest margin (%) in New Zealand
New Zealand: Bank net interest margin (%) was 2.1% in 2021. ▬ Flat
Bank net interest margin in New Zealand, 2007–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank net interest margin in New Zealand is 2.1%, measured in 2021.
Compared with earlier readings it is up 4.6% on the previous year and up 8.5% over ten years.
Over the whole period, bank net interest margin in New Zealand peaked at 2.6% in 2007 and was at its lowest, 1.8%, in 2010.
New Zealand ranks 115th of 166 countries on this measure, in the middle of the range.
Bank net interest margin (%) in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 2.6% | — |
| 2008 | 1.9% | -26.5% |
| 2009 | 2.1% | +11.7% |
| 2010 | 1.8% | -13.2% |
| 2011 | 1.9% | +6.0% |
| 2012 | 2.1% | +6.2% |
| 2013 | 2.0% | -1.6% |
| 2014 | 2.0% | -3.3% |
| 2015 | 2.1% | +5.3% |
| 2016 | 2.2% | +7.1% |
| 2017 | 2.1% | -6.7% |
| 2018 | 2.0% | -0.8% |
| 2019 | 2.1% | +0.9% |
| 2020 | 2.0% | -2.5% |
| 2021 | 2.1% | +4.6% |
New Zealand compared with similar countries
- New Zealand's 2.1% is above the median for high income countries, which is 1.9%, 1.1× the median. (62 countries reporting)
- New Zealand's 2.1% is above the median for East Asia & Pacific, which is 2.0%, 1.0× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | 1.9% | 2.6% | 3 |
| 2010s | 2.0% | 1.8% | 2.2% | 10 |
| 2020s | 2.1% | 2.0% | 2.1% | 2 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is bank net interest margin in New Zealand?
- Bank net interest margin in New Zealand was 2.1% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in New Zealand?
- The highest recorded value was 2.6% in 2007.
- What is the lowest bank net interest margin recorded in New Zealand?
- The lowest recorded value was 1.8% in 2010.
- How does New Zealand rank for bank net interest margin?
- New Zealand ranks 115th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in New Zealand?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is flat.
- Where does this New Zealand data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.