Deposit interest rate in New Zealand in 2025 — 3.95%. Ranked 32 in the world out of 70. Since 1990, the indicator has fallen by 7.71 pp.
1990–2025 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2025 | 3.95 | −1.79 pp |
| 2024 | 5.73 | +0.21 pp |
| 2023 | 5.52 | +2.7 pp |
| 2022 | 2.82 | +1.8 pp |
| 2021 | 1.02 | −0.66 pp |
| 2020 | 1.68 | −1.33 pp |
| 2019 | 3 | −0.26 pp |
| 2018 | 3.26 | −0.04 pp |
| 2017 | 3.3 | +0.07 pp |
| 2016 | 3.23 | −0.5 pp |
| 2015 | 3.73 | −0.28 pp |
| 2014 | 4.01 | +0.18 pp |
| 2013 | 3.83 | −0.28 pp |
| 2012 | 4.11 | −0.16 pp |
| 2011 | 4.27 | −0.31 pp |
| 2010 | 4.58 | +0.54 pp |
| 2009 | 4.04 | −3.51 pp |
| 2008 | 7.55 | −0.23 pp |
| 2007 | 7.78 | +0.87 pp |
| 2006 | 6.92 | +0.23 pp |
| 2005 | 6.68 | +0.91 pp |
| 2004 | 5.77 | +0.67 pp |
| 2003 | 5.1 | −0.23 pp |
| 2002 | 5.33 | −0.02 pp |
| 2001 | 5.35 | −1.01 pp |
| 2000 | 6.36 | +1.8 pp |
| 1999 | 4.56 | −2.22 pp |
| 1998 | 6.78 | −0.48 pp |
| 1997 | 7.26 | −1.23 pp |
| 1996 | 8.49 | −0 pp |
| 1995 | 8.49 | +2.12 pp |
| 1994 | 6.38 | +0.13 pp |
| 1993 | 6.24 | −0.34 pp |
| 1992 | 6.58 | −2.34 pp |
| 1991 | 8.93 | −2.73 pp |
| 1990 | 11.65 | — |
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
