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New Zealand: Short-term interest rate

Percent · 1925–2025 · 64 observations · forecasts to 2026 · strate

2025
3.07%percent
Change on 2024
−2.1 pointsfrom 5.16%
Average, 2016–2025
2.38%10 years
Record high and low
20.5% (1987)low 0.35% (2020)

Short-term interest rate

Report error
0%5%10%15%20%25%19401960198020002020New ZealandNew Zealand
ForecastPercent

Compare with other countries →Definition of Short-term interest rate

Recent values

Percent

YearValue
20263.10Forecast
20253.07
20245.16
20235.38
20222.68
20210.392
20200.35
20191.29
20181.71
20171.76
20162.04

Sources

  • Ellison, Lee & O'Rourke1925–1936
  • OECD Economic Outlook1974–2025
  • OECD Key Economic Indicators1974–2025
  • Bordo1978–1997
  • IMF International Financial Statistics1978–2025
  • NZ Inst. Economic Research1985–2025
  • Asian Development Bank (archive)2000–2024
  • Asian Development Bank2000–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

New Zealand documentation (PDF)

More for New Zealand

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Short-term interest rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms