Interest rate on bank deposits reached 1.02% in 2021 in New Zealand, according to the National Central Bank. This is 39.5% less than in the previous year.
Historically, interest rate on bank deposits in New Zealand reached an all time high of 16.3% in 1986 and an all time low of 1.02% in 2021.
New Zealand has been ranked 73rd within the group of 96 countries we follow in terms of interest rate on bank deposits.
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