Money market Rate, Percent per annum in New Zealand

New Zealand: Money market Rate, Percent per annum was 2.95 in 2025. ◆ Volatile

Latest (2025)
2.95
Change on year
down 43.6%
World rank
64th
of 94 countries
All-time high
24.74
in 1985
All-time low
0.3058
in 2021
Years of data
41
1985–2025

Money market Rate, Percent per annum in New Zealand, 1985–2025

05101520251985200520251985: 24.71986: 17.71987: 21.31988: 15.31989: 13.41990: 13.41991: 9.91992: 6.61993: 6.31994: 6.11995: 8.91996: 9.41997: 7.41998: 6.91999: 4.32000: 6.12001: 5.82002: 5.42003: 5.32004: 5.82005: 6.82006: 7.32007: 7.92008: 7.62009: 2.82010: 2.62011: 2.52012: 2.52013: 2.52014: 3.12015: 3.12016: 2.12017: 1.72018: 1.72019: 1.32020: 0.3692021: 0.3062022: 2.22023: 5.12024: 5.22025: 3

Source: International Monetary Fund.

Analysis

In 2025, money market rate, percent per annum in New Zealand stood at 2.95.

Compared with earlier readings it is down 43.6% on the previous year and down 4.1% over ten years.

Over the whole period, money market rate, percent per annum in New Zealand peaked at 24.74 in 1985 and was at its lowest, 0.3058, in 2021.

New Zealand ranks 64th of 94 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Money market Rate, Percent per annum in New Zealand, year by year

Annual values for Money market Rate, Percent per annum in New Zealand, 1985 to 2025.
Year Value Change
1985 24.74
1986 17.7 -28.5%
1987 21.32 +20.5%
1988 15.27 -28.4%
1989 13.4 -12.3%
1990 13.41 +0.1%
1991 9.94 -25.9%
1992 6.63 -33.2%
1993 6.25 -5.7%
1994 6.13 -2.1%
1995 8.9 +45.4%
1996 9.38 +5.3%
1997 7.38 -21.3%
1998 6.86 -7.1%
1999 4.33 -36.9%
2000 6.12 +41.3%
2001 5.76 -5.9%
2002 5.4 -6.2%
2003 5.33 -1.4%
2004 5.77 +8.3%
2005 6.76 +17.2%
2006 7.3 +7.9%
2007 7.93 +8.7%
2008 7.55 -4.8%
2009 2.82 -62.7%
2010 2.61 -7.2%
2011 2.5 -4.5%
2012 2.46 -1.4%
2013 2.47 +0.4%
2014 3.09 +24.7%
2015 3.08 -0.2%
2016 2.07 -32.7%
2017 1.66 -20.0%
2018 1.69 +2.2%
2019 1.35 -20.3%
2020 0.3692 -72.6%
2021 0.3058 -17.2%
2022 2.16 +607.6%
2023 5.11 +136.3%
2024 5.24 +2.4%
2025 2.95 -43.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 18.49 13.4 24.74 5
1990s 7.92 4.33 13.41 10
2000s 6.07 2.82 7.93 10
2010s 2.3 1.35 3.09 10
2020s 2.69 0.3058 5.24 6

Countries ranked near New Zealand

  1. 61 Mauritius 3.38 compare
  2. 62 Hong Kong, China 3.09 compare
  3. 63 Jamaica 3 compare
  4. 65 Malaysia 2.88 compare
  5. 66 Macau, China 2.82 compare
  6. 67 Korea 2.66 compare

See the full ranking of 97 places →

More financial sector data for New Zealand

All data for New Zealand →

Frequently asked questions

What is money market rate, percent per annum in New Zealand?
Money market rate, percent per annum in New Zealand was 2.95 in 2025, according to International Monetary Fund.
What is the highest money market rate, percent per annum recorded in New Zealand?
The highest recorded value was 24.74 in 1985.
What is the lowest money market rate, percent per annum recorded in New Zealand?
The lowest recorded value was 0.3058 in 2021.
How does New Zealand rank for money market rate, percent per annum?
New Zealand ranks 64th out of 94 countries with data for 2025.
Is money market rate, percent per annum rising or falling in New Zealand?
Over the last ten years it is down 4.1%. The long-run trend across the full record is volatile.
Where does this New Zealand data come from?
The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.

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Money market Rate, Percent per annum in New Zealand. Statizoid, drawing on International Monetary Fund. Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/money-market-rate-percent-per-annum/new-zealand/

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About this data

Indicator
Money market Rate, Percent per annum
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
97 places, 2,755 data points, 1954–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.