The benchmark interest rate in New Zealand was last recorded at 3.25 percent. This dataset provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of December 2024, the average interest rate for a new standard 1-year residential mortgage in New Zealand was 6.3 percent. In comparison, the average 5-year interest rate for a residential mortgage was 6.15 percent. Average interest rates for new standard residential mortgages in the country started to trend upward from mid-2021. Rates peaked toward the end of 2023 and have begun trending downward.

Real interest rate (%) in New Zealand was reported at --1.7229 % in 2018, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Real interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about New Zealand Long Term Interest Rate

• New Zealand Government Bond Yield: 10 Years was reported at 4.58 % pa in Feb 2025, compared with 4.55 % pa in the previous month.
• New Zealand Long Term Interest Rate data is updated monthly, available from Jan 1985 to Feb 2025.
• The data reached an all-time high of 18.90 % pa in Mar 1986 and a record low of 0.46 % pa in Sep 2020.
• Long Term Interest Rate is reported by reported by Reserve Bank of New Zealand.

CEIC calculates monthly Long Term Interest Rate from daily 10 year Government Bond Yield. The Reserve Bank of New Zealand provides 10 year Treasury Bond Yield. Long Term Interest Rate prior to March 1985 is sourced directly from Reserve Bank of New Zealand.. The ten-year benchmark for New Zealand Government bonds with a fixed interest coupon paid semi-annually in arrears. The bonds are redeemable at par on maturity.


Related information about New Zealand Long Term Interest Rate

• In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 5.71 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 5.50 % pa in Jun 2023.
• New Zealand Exchange Rate against USD averaged 1.63 (USD/NZD) in Jun 2023.

Mortgage credit interest rate, percent in New Zealand, June, 2025 The most recent value is 5.84 percent as of June 2025, a decline compared to the previous value of 5.94 percent. Historically, the average for New Zealand from December 2004 to June 2025 is 6.39 percent. The minimum of 3.64 percent was recorded in February 2021, while the maximum of 9.81 percent was reached in April 2008. | TheGlobalEconomy.com

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for New Zealand (IR3TIB01NZM156N) from Dec 1973 to Jun 2025 about New Zealand, interbank, 3-month, yield, interest rate, interest, and rate.

Graph and download economic data for Interest Rates: 3-Month or 90-Day Rates and Yields: Bank Bills: Total for New Zealand (IR3TBB01NZA156N) from 1974 to 2023 about New Zealand, bills, 3-month, yield, interest rate, banks, interest, depository institutions, and rate.

The real interest rate in New Zealand decreased by *** percentage points (-****** percent) in 2018 in comparison to the previous year. As a result, the real interest rate in New Zealand saw its lowest number in 2018 with -**** percent. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator.Find more statistics on other topics about New Zealand with key insights such as market capitalization of listed domestic companies.

Lending interest rate (%) in New Zealand was reported at 0 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Lending interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for New Zealand (IRSTCI01NZA156N) from 1985 to 2024 about New Zealand, interbank, overnight, interest rate, interest, and rate.

Key information about New Zealand Short Term Interest Rate

• New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 5.71 % pa in Jun 2023, compared with 5.69 % pa in the previous month.
• New Zealand Short Term Interest Rate data is updated monthly, available from Jan 1985 to Jun 2023.
• The data reached an all-time high of 27.40 % pa in Sep 1985 and a record low of 0.25 % pa in Nov 2020.
• Short Term Interest Rate is reported by reported by CEIC Data.

Bank Accepted Bills yields are 11.10 am market mid-rates.


Related information about New Zealand Short Term Interest Rate

• In the latest reports, New Zealand Government Bond Yield: 10 Years was reported at 4.67 % pa in Jun 2023.
• The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 5.50 % pa in Jun 2023.
• New Zealand Exchange Rate against USD averaged 1.61 (USD/NZD) in May 2023.

Bank deposit interest rate, percent in New Zealand, June, 2025 The most recent value is 3.91 percent as of June 2025, a decline compared to the previous value of 4.01 percent. Historically, the average for New Zealand from January 2000 to June 2025 is 4.6 percent. The minimum of 0.82 percent was recorded in January 2021, while the maximum of 8.45 percent was reached in June 2008. | TheGlobalEconomy.com

Mortgage Interest Rate: Flexible data was reported at 6.800 % pa in 18 May 2025. This stayed constant from the previous number of 6.800 % pa for 17 May 2025. Mortgage Interest Rate: Flexible data is updated daily, averaging 8.600 % pa from Feb 2023 (Median) to 18 May 2025, with 837 observations. The data reached an all-time high of 8.750 % pa in 31 Jul 2024 and a record low of 6.800 % pa in 18 May 2025. Mortgage Interest Rate: Flexible data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under High Frequency Database’s Lending Rates – Table NZ.DL001: Mortgage Interest Rate.

Business credit interest rate, percent in New Zealand, May, 2025 The most recent value is 6.06 percent as of May 2025, a decline compared to the previous value of 6.2 percent. Historically, the average for New Zealand from January 2000 to May 2025 is 6.25 percent. The minimum of 3.14 percent was recorded in July 2021, while the maximum of 9.28 percent was reached in August 2008. | TheGlobalEconomy.com

This statistic displays the key interest rates in New Zealand as of August 2017, by type. The effective rural interest rate in New Zealand was around **** percent for the year ending August 2017. In the same period, the 2-year interest rate was around *** percent.

New Zealand: Interest rates on bank credit to the private sector: The latest value from 2017 is 4.76 percent, a decline from 5.02 percent in 2016. In comparison, the world average is 11.18 percent, based on data from 129 countries. Historically, the average for New Zealand from 1998 to 2017 is 6.9 percent. The minimum value, 4.76 percent, was reached in 2017 while the maximum of 8.99 percent was recorded in 1998.

Deposit Interest Rate in New Zealand decreased to 4.17 percent in June from 4.18 percent in May of 2025. This dataset includes a chart with historical data for Deposit Interest Rate in New Zealand.

New Zealand RBNZ Forecast: Offical Cash Rate: 1 Year Ahead data was reported at 3.230 % pa in Mar 2025. This records a decrease from the previous number of 3.330 % pa for Dec 2024. New Zealand RBNZ Forecast: Offical Cash Rate: 1 Year Ahead data is updated quarterly, averaging 1.870 % pa from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 5.160 % pa in Sep 2023 and a record low of -0.160 % pa in Dec 2020. New Zealand RBNZ Forecast: Offical Cash Rate: 1 Year Ahead data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.M004: Cash Rate: Forecast: Reserve Bank of New Zealand.

Long-term interest rate in New Zealand, June, 2025 The most recent value is 4.58 percent as of June 2025, no change compared to the previous value of 4.58 percent. Historically, the average for New Zealand from January 1970 to June 2025 is 7.38 percent. The minimum of 0.54 percent was recorded in October 2020, while the maximum of 18.71 percent was reached in May 1985. | TheGlobalEconomy.com

Deposit interest rate (%) in New Zealand was reported at 5.7308 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Deposit interest rate - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.