New Zealand Long Term Interest Rate
1985 - 2026 | Monthly | % pa | Reserve Bank of New Zealand
Key information about New Zealand Long Term Interest Rate
- New Zealand Government Bond Yield: 10 Years was reported at 4.52 % pa in May 2026, compared with 4.73 % pa in the previous month.
- New Zealand Long Term Interest Rate data is updated monthly, available from Jan 1985 to May 2026.
- The data reached an all-time high of 18.90 % pa in Mar 1986 and a record low of 0.51 % pa in Sep 2020.
- Long Term Interest Rate is reported by reported by Reserve Bank of New Zealand.
CEIC calculates monthly Long Term Interest Rate from daily 10 year Government Bond Yield. The Reserve Bank of New Zealand provides 10 year Treasury Bond Yield. Long Term Interest Rate prior to March 1985 is sourced directly from Reserve Bank of New Zealand.. The ten-year benchmark for New Zealand Government bonds with a fixed interest coupon paid semi-annually in arrears. The bonds are redeemable at par on maturity.
Related information about New Zealand Long Term Interest Rate
- In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 2.45 % pa in Nov 2025.
- The cash rate (Policy Rate: Month End: New Zealand: Official Cash Rate) was set at 2.25 % pa in Nov 2025.
- New Zealand Exchange Rate against USD averaged 1.73 (USD/NZD) in Oct 2025.
View New Zealand's Long Term Interest Rate from Jan 1985 to May 2026 in the chart:
What was New Zealand's Long Term Interest Rate in May 2026?
New Zealand Government Bond Yield: 10 Years was reported at 4.52 % pa in May 2026, compared with 4.73 % pa in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.52 May 2026 | 4.73 Apr 2026 | 0.51 Sep 2020 | 18.90 Mar 1986 | % pa | monthly | Jan 1985 - May 2026 |
Long Term Interest Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Armenia (% pa) | 8.68 Apr 2026 | monthly | Sep 2004 - Apr 2026 |
| Australia (% pa) | 4.98 May 2026 | monthly | Jul 1969 - May 2026 |
| Austria (% pa) | 3.30 Apr 2026 | monthly | Jan 1993 - Apr 2026 |
| Bahrain (% pa) | 5.50 Jan 2026 | monthly | Mar 2010 - Jan 2026 |
| Bangladesh (% pa) | 10.20 Mar 2026 | monthly | Dec 2003 - Mar 2026 |
| Belgium (% pa) | 3.59 Apr 2026 | monthly | Jun 1989 - Apr 2026 |
| Botswana (% pa) | 13.35 Apr 2026 | monthly | Oct 2004 - Apr 2026 |
| Brazil (% pa) | 9.13 May 2026 | monthly | Dec 1994 - May 2026 |
| Bulgaria (% pa) | 3.95 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| Canada (% pa) | 3.41 May 2026 | monthly | Jan 1993 - May 2026 |
| Chile (% pa) | 5.57 May 2026 | monthly | Jul 2004 - May 2026 |
| China (% pa) | 1.76 Apr 2026 | monthly | Jul 2008 - Apr 2026 |
| Colombia (% pa) | 13.51 May 2026 | monthly | Jan 2003 - May 2026 |
| Croatia (% pa) | 3.55 Apr 2026 | monthly | Dec 2005 - Apr 2026 |
| Cyprus (% pa) | 3.48 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Czech Republic (% pa) | 4.74 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Denmark (% pa) | 2.89 Apr 2026 | monthly | May 1983 - Apr 2026 |
| Egypt (% pa) | 14.40 Jan 2021 | monthly | Jul 2007 - Jan 2021 |
| Estonia (% pa) | 3.40 Apr 2026 | monthly | Jun 2020 - Apr 2026 |
| European Union (% pa) | 3.49 May 2026 | monthly | Jan 1970 - May 2026 |
| Finland (% pa) | 3.38 Apr 2026 | monthly | Aug 1991 - Apr 2026 |
| France (% pa) | 3.73 Apr 2026 | monthly | Jan 1986 - Apr 2026 |
| Georgia (% pa) | 9.47 May 2026 | monthly | Mar 2012 - May 2026 |
| Germany (% pa) | 3.00 Apr 2026 | monthly | Jan 1990 - Apr 2026 |
| Ghana (% pa) | 29.85 Nov 2024 | monthly | Sep 2004 - Nov 2024 |
| Greece (% pa) | 3.78 Apr 2026 | monthly | Jan 1993 - Apr 2026 |
| Hong Kong SAR, China (% pa) | 2.76 Feb 2026 | monthly | Jan 2010 - Feb 2026 |
| Hungary (% pa) | 6.27 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Iceland (% pa) | 2.70 Apr 2026 | monthly | Jan 1992 - Apr 2026 |
| India (% pa) | 7.08 Mar 2026 | monthly | May 1996 - Mar 2026 |
| Indonesia (% pa) | 6.86 May 2026 | monthly | Oct 2008 - May 2026 |
| Ireland (% pa) | 3.24 Apr 2026 | monthly | Jan 1993 - Apr 2026 |
| Israel (% pa) | 2.16 Apr 2026 | monthly | Feb 1994 - Apr 2026 |
| Italy (% pa) | 3.82 Apr 2026 | monthly | Mar 1991 - Apr 2026 |
| Japan (% pa) | 1.66 Oct 2025 | monthly | Dec 1998 - Oct 2025 |
| Kazakhstan (% pa) | 12.55 May 2026 | monthly | Mar 2006 - May 2026 |
| Kenya (% pa) | 16.39 Jun 2024 | monthly | Dec 2003 - Jun 2024 |
| South Korea (% pa) | 4.07 May 2026 | monthly | Jul 2001 - May 2026 |
| Latvia (% pa) | 3.79 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Lebanon (% pa) | 6.00 Dec 2023 | monthly | Mar 2005 - Dec 2023 |
| Lithuania (% pa) | 2.88 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Luxembourg (% pa) | 3.24 Apr 2026 | monthly | Oct 1993 - Apr 2026 |
| Malaysia (% pa) | 3.50 Feb 2026 | monthly | Feb 1992 - Feb 2026 |
| Malta (% pa) | 3.89 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Mexico (% pa) | 4.52 May 2026 | monthly | Oct 1999 - May 2026 |
| Moldova (% pa) | 6.50 Jul 2021 | monthly | Feb 2001 - Jul 2021 |
| Mongolia (% pa) | 17.50 Apr 2014 | monthly | Nov 2013 - Apr 2014 |
| Morocco (% pa) | 2.96 Mar 2026 | monthly | Jan 1998 - Mar 2026 |
| Myanmar (% pa) | 9.50 2025 | yearly | 1986 - 2025 |
| Nepal (% pa) | 6.50 Apr 2026 | monthly | Jun 1981 - Apr 2026 |
| Netherlands (% pa) | 3.15 Apr 2026 | monthly | Apr 1986 - Apr 2026 |
| New Zealand (% pa) | 4.52 May 2026 | monthly | Jan 1985 - May 2026 |
| Norway (% pa) | 1.36 Jun 2021 | monthly | Jan 1985 - Jun 2021 |
| Oman (%) | 4.23 Jan 2026 | monthly | Jun 2012 - Jan 2026 |
| Pakistan (% pa) | 11.50 Nov 2025 | monthly | Mar 2015 - Nov 2025 |
| Peru (% pa) | 6.19 May 2026 | monthly | May 2005 - May 2026 |
| Philippines (% pa) | 7.60 May 2026 | monthly | Sep 1996 - May 2026 |
| Poland (% pa) | 5.58 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Portugal (% pa) | 3.43 Apr 2026 | monthly | Jul 1993 - Apr 2026 |
| Romania (% pa) | 6.15 Apr 2026 | monthly | Apr 2005 - Apr 2026 |
| Russia (% pa) | 14.89 May 2026 | monthly | Jan 2003 - May 2026 |
| Singapore (% pa) | 1.95 Feb 2026 | monthly | Jun 1998 - Feb 2026 |
| Slovakia (% pa) | 3.56 Apr 2026 | monthly | Jan 2001 - Apr 2026 |
| Slovenia (% pa) | 3.40 Apr 2026 | monthly | Mar 2002 - Apr 2026 |
| South Africa (% pa) | 8.72 May 2026 | monthly | Aug 2006 - May 2026 |
| Spain (% pa) | 3.45 Apr 2026 | monthly | Nov 1991 - Apr 2026 |
| Sri Lanka (% pa) | 10.80 Mar 2026 | monthly | Jan 2012 - Mar 2026 |
| Sweden (% pa) | 2.78 Apr 2026 | monthly | Jan 1987 - Apr 2026 |
| Switzerland (% pa) | 0.44 May 2026 | monthly | Jan 1988 - May 2026 |
| Taiwan, China (% pa) | 1.27 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Thailand (% pa) | 2.20 Apr 2026 | monthly | Sep 1999 - Apr 2026 |
| Tunisia (% pa) | 8.97 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Turkey (% pa) | 31.87 Oct 2025 | monthly | Jan 2010 - Oct 2025 |
| United Kingdom (% pa) | 5.06 Apr 2026 | monthly | Jan 1979 - Apr 2026 |
| United States (% pa) | 4.48 May 2026 | monthly | Apr 1953 - May 2026 |
| Uruguay (% pa) | 2.74 Jul 2021 | monthly | Oct 2003 - Jul 2021 |
| Venezuela (% pa) | 13.66 Sep 2018 | monthly | Jan 1999 - Sep 2018 |
| Zambia (% pa) | 16.50 Apr 2026 | monthly | Aug 2007 - Apr 2026 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doNew Zealand Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.2 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -4,697.177 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Tax Revenue (USD mn) | 79,994.882 2025 | yearly | 1999 - 2025 |
| Tax Revenue: % of GDP (%) | 30.5 2025 | yearly | 1999 - 2025 |
| National Government Debt (USD mn) | 130,325.2 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Government Debt: % of GDP (%) | 49.4 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Forecast: Government Expenditure (NZD bn) | 216.921 2031 | yearly | 1985 - 2031 |
| Forecast: Government Net Debt (NZD bn) | 317.093 2031 | yearly | 1985 - 2031 |
| Forecast: Government Revenue (NZD bn) | 213.303 2031 | yearly | 1985 - 2031 |
| General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn) | 228,240.211 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| General Government: ytd: Borrowings (NZD mn) | 295,081.000 Mar 2026 | quarterly | Jun 2002 - Mar 2026 |
| General Government: ytd: Expenses (NZD mn) | 132,721.000 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| General Government: ytd: Revenue (NZD mn) | 124,762.000 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.679 2031 | yearly | 1980 - 2031 |
| Trade Balance (USD mn) | 1,122.8 Apr 2026 | monthly | Jan 1960 - Apr 2026 |
| Total Exports (USD mn) | 4,645.6 Mar 2026 | monthly | Jan 1957 - Mar 2026 |
| Total Exports Growth (%) | 7.3 Mar 2026 | monthly | Jan 1952 - Mar 2026 |
| Aluminum: Exports (USD th) | 748,011.388 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 141,065.733 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 300,779.899 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 4,237.4 Mar 2026 | monthly | Jan 1960 - Mar 2026 |
| Total Imports Growth (%) | 3.4 Apr 2026 | monthly | Jan 1961 - Apr 2026 |
| Imports: Medicament (USD th) | 1,026,250.125 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 436,775.230 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 530.827 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Total Imports from USA (USD mn) | 314.435 Apr 2026 | monthly | Jan 1981 - Apr 2026 |
| Total Exports to China (USD mn) | 1,051.412 Apr 2026 | monthly | Jul 1981 - Apr 2026 |
| Total Imports from China (USD mn) | 998.795 Mar 2026 | monthly | Jul 1982 - Mar 2026 |
| Import Volume Index: sa (Jun2002=1000) | 2,830.000 Mar 2026 | quarterly | Jun 1990 - Mar 2026 |
| Import Volume Index (Jun2002=1000) | 2,685.000 Mar 2026 | quarterly | Mar 1949 - Mar 2026 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,485.000 Mar 2026 | quarterly | Mar 1951 - Mar 2026 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,483.000 Mar 2026 | quarterly | Jun 1990 - Mar 2026 |
| Exports: fob: Australia (NZD mn) | 1,060.819 Mar 2026 | monthly | Jan 1988 - Mar 2026 |
| Exports: fob: United States (NZD mn) | 907.706 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: China (NZD mn) | 2,128.062 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: Japan (NZD mn) | 435.124 Apr 2026 | monthly | Jul 1981 - Apr 2026 |
| Exports: fob: United Kingdom (NZD mn) | 209.512 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: Australia: sa (NZD mn) | 998.081 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: China: sa (NZD mn) | 1,819.083 Mar 2026 | monthly | Jul 1981 - Mar 2026 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 155.656 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 807.787 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 368.193 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 5,086.579 Mar 2026 | monthly | Jan 2002 - Mar 2026 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 475.917 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Term Trade Index (Jun2002=1000) | 1,561.000 Mar 2026 | quarterly | Mar 1957 - Mar 2026 |
| Export Value Index (2015=100) | 120.500 2023 | yearly | 1995 - 2023 |
| Import Value Index (2015=100) | 136.700 2023 | yearly | 1995 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 91.1 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Money Supply M1 (USD mn) | 81,214.739 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Money Supply M2 (USD mn) | 267,757.227 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| M2 Growth (%) | 4.4 Apr 2026 | monthly | Mar 1989 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 28,241.2 Apr 2026 | monthly | Sep 2005 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 9.623 Dec 2025 | quarterly | Sep 2005 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.6 Mar 2026 | monthly | Sep 2005 - Mar 2026 |
| Gold Reserves (USD mn) | 0.000 Apr 2026 | monthly | Dec 1950 - Apr 2026 |
| Total Deposits (USD mn) | 292,375.771 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Total Deposits Growth (%) | 3.9 Apr 2026 | monthly | Dec 2017 - Apr 2026 |
| Domestic Credit (USD mn) | 374,734.7 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| Domestic Credit Growth (%) | 3.5 Apr 2026 | monthly | Mar 1989 - Apr 2026 |
| Credit to Households (USD bn) | 231.046 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 412.759 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Household Debt (USD mn) | 242,438.7 Apr 2026 | monthly | Dec 1990 - Apr 2026 |
| Total Loans (USD mn) | 358,112.815 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Total Loans Growth (%) | 5.04 Apr 2026 | monthly | Dec 2017 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 136.85 Dec 2025 | quarterly | Mar 1988 - Dec 2025 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 454,442.000 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| Depository Corp: Domestic Credit (NZD mn) | 636,006.000 Apr 2026 | monthly | Mar 1988 - Apr 2026 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 137,839.000 Apr 2026 | monthly | Dec 2016 - Apr 2026 |
| Official Reserve Assets (NZD mn) | 60,718.073 Mar 2026 | monthly | Sep 2005 - Mar 2026 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 45,690.018 Mar 2026 | monthly | Sep 2005 - Mar 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 10.2 Oct 2025 | monthly | Aug 2003 - Oct 2025 |
| House Price Inflation: Net Percent Expecting (%) | 86.700 Jun 2026 | quarterly | Mar 2022 - Jun 2026 |
| House Price Inflation: Net Percent Expecting Higher (%) | 12.000 Jun 2026 | quarterly | Mar 2022 - Jun 2026 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 10.000 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 8.800 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 12.500 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 25.500 May 2026 | monthly | Feb 1991 - May 2026 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 9.800 May 2026 | monthly | Feb 1991 - May 2026 |
| Performance Manufacturing Index (NA) | 51.300 May 2026 | monthly | Aug 2002 - May 2026 |
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