Deposit interest rate in New Zealand
New Zealand: Deposit interest rate was 3.9% in 2025. ▼ Falling
Deposit interest rate in New Zealand, 1990–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
New Zealand recorded 3.9% for deposit interest rate in 2025.
Compared with earlier readings it is down 31.2% on the previous year and up 5.7% over ten years.
Over the whole period, deposit interest rate in New Zealand peaked at 11.7% in 1990 and was at its lowest, 1.0%, in 2021.
New Zealand ranks 75th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Deposit interest rate in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 11.7% | — |
| 1991 | 8.9% | -23.4% |
| 1992 | 6.6% | -26.2% |
| 1993 | 6.2% | -5.2% |
| 1994 | 6.4% | +2.1% |
| 1995 | 8.5% | +33.2% |
| 1996 | 8.5% | -0.0% |
| 1997 | 7.3% | -14.5% |
| 1998 | 6.8% | -6.7% |
| 1999 | 4.6% | -32.7% |
| 2000 | 6.4% | +39.5% |
| 2001 | 5.3% | -15.9% |
| 2002 | 5.3% | -0.3% |
| 2003 | 5.1% | -4.4% |
| 2004 | 5.8% | +13.2% |
| 2005 | 6.7% | +15.8% |
| 2006 | 6.9% | +3.5% |
| 2007 | 7.8% | +12.6% |
| 2008 | 7.6% | -3.0% |
| 2009 | 4.0% | -46.5% |
| 2010 | 4.6% | +13.5% |
| 2011 | 4.3% | -6.8% |
| 2012 | 4.1% | -3.8% |
| 2013 | 3.8% | -6.8% |
| 2014 | 4.0% | +4.8% |
| 2015 | 3.7% | -7.0% |
| 2016 | 3.2% | -13.4% |
| 2017 | 3.3% | +2.0% |
| 2018 | 3.3% | -1.1% |
| 2019 | 3.0% | -7.9% |
| 2020 | 1.7% | -44.1% |
| 2021 | 1.0% | -39.5% |
| 2022 | 2.8% | +177.6% |
| 2023 | 5.5% | +95.9% |
| 2024 | 5.7% | +3.8% |
| 2025 | 3.9% | -31.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.5% | 4.6% | 11.7% | 10 |
| 2000s | 6.1% | 4.0% | 7.8% | 10 |
| 2010s | 3.7% | 3.0% | 4.6% | 10 |
| 2020s | 3.5% | 1.0% | 5.7% | 6 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Net domestic credit (current LCU), per capita 120,241 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2.42 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.19 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 18.09 billion SDR (2025)
- Reserves excluding gold 20.56 billion SDR (2025)
- Total reserves (gold at market value) 20.56 billion SDR (2025)
- Total reserves (gold at national valuation) 20.56 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,861 SDR per person (2025)
Frequently asked questions
- What is deposit interest rate in New Zealand?
- Deposit interest rate in New Zealand was 3.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in New Zealand?
- The highest recorded value was 11.7% in 1990.
- What is the lowest deposit interest rate recorded in New Zealand?
- The lowest recorded value was 1.0% in 2021.
- How does New Zealand rank for deposit interest rate?
- New Zealand ranks 75th out of 152 countries with data for 2025.
- Is deposit interest rate rising or falling in New Zealand?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is falling.
- Where does this New Zealand data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.