New Zealand: Deposit interest rate

(measure: percent, source: Reserve Bank of New Zealand)

* indicates monthly or quarterly data series

Bank deposit interest rate, percent in New Zealand, January, 2020: For that indicator, Reserve Bank of New Zealand provides data for New Zealand from 2000 to 2020. The average value for New Zealand during that period was 4.92 percent with a minimum of 2.63 percent in December 2019 and a maximum of 8.45 percent in June 2008. Click on the following link to see the values of Bank deposit interest rate, percent around the world.

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Measure: percent
Source: Reserve Bank of New Zealand

Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.