Interest Rate on Bank Deposits (Local Currency) in New Zealand

Interest rate on bank deposits reached 3.39% in fourth quarter of 2015 in New Zealand, according to the National Central Bank. This is 7.55% less than in the previous quarter.

Historically, interest rate on bank deposits in New Zealand reached an all time high of 11.8% in 3Q1990 and an all time low of 3.39% in 4Q2015.