New Zealand Long Term Interest Rate
1985 - 2025 | 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 4.36 % pa in Nov 2025, compared with 4.06 % pa in the previous month.
- New Zealand Long Term Interest Rate data is updated monthly, available from Jan 1985 to Nov 2025.
- 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 Nov 2025 in the chart:
What was New Zealand's Long Term Interest Rate in Nov 2025?
New Zealand Government Bond Yield: 10 Years was reported at 4.36 % pa in Nov 2025, compared with 4.06 % pa in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.36 Nov 2025 | 4.06 Oct 2025 | 0.51 Sep 2020 | 18.90 Mar 1986 | % pa | monthly | Jan 1985 - Nov 2025 |
Long Term Interest Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Armenia (% pa) | 10.40 Nov 2025 | monthly | Sep 2004 - Nov 2025 |
| Australia (% pa) | 4.42 Nov 2025 | monthly | Jul 1969 - Nov 2025 |
| Austria (% pa) | 2.97 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Bahrain (% pa) | 5.50 Oct 2025 | monthly | Mar 2010 - Oct 2025 |
| Bangladesh (% pa) | 9.57 Oct 2025 | monthly | Dec 2003 - Oct 2025 |
| Belgium (% pa) | 3.20 Nov 2025 | monthly | Jun 1989 - Nov 2025 |
| Botswana (% pa) | 11.53 Oct 2025 | monthly | Oct 2004 - Oct 2025 |
| Brazil (% pa) | 9.07 Nov 2025 | monthly | Dec 1994 - Nov 2025 |
| Bulgaria (% pa) | 3.93 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Canada (% pa) | 3.12 Oct 2025 | monthly | Jan 1993 - Oct 2025 |
| Chile (% pa) | 5.58 Oct 2025 | monthly | Jul 2004 - Oct 2025 |
| China (% pa) | 1.86 Nov 2025 | monthly | Jul 2008 - Nov 2025 |
| Colombia (% pa) | 12.17 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Croatia (% pa) | 2.94 Nov 2025 | monthly | Dec 2005 - Nov 2025 |
| Cyprus (% pa) | 2.87 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Czech Republic (% pa) | 4.61 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Denmark (% pa) | 2.37 Nov 2025 | monthly | May 1983 - Nov 2025 |
| Egypt (% pa) | 14.40 Jan 2021 | monthly | Jul 2007 - Jan 2021 |
| Estonia (% pa) | 3.30 Nov 2025 | monthly | Jun 2020 - Nov 2025 |
| European Union (% pa) | 3.14 Nov 2025 | monthly | Jan 1970 - Nov 2025 |
| Finland (% pa) | 3.04 Nov 2025 | monthly | Aug 1991 - Nov 2025 |
| France (% pa) | 3.44 Nov 2025 | monthly | Jan 1986 - Nov 2025 |
| Georgia (% pa) | 9.80 Nov 2025 | monthly | Mar 2012 - Nov 2025 |
| Germany (% pa) | 2.66 Nov 2025 | monthly | Jan 1990 - Nov 2025 |
| Ghana (% pa) | 29.85 Nov 2024 | monthly | Sep 2004 - Nov 2024 |
| Greece (% pa) | 3.30 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Hong Kong SAR, China (% pa) | 2.97 Nov 2025 | monthly | Jan 2010 - Nov 2025 |
| Hungary (% pa) | 6.97 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Iceland (% pa) | 2.60 Nov 2025 | monthly | Jan 1992 - Nov 2025 |
| India (% pa) | 6.63 Oct 2025 | monthly | May 1996 - Oct 2025 |
| Indonesia (% pa) | 6.27 Nov 2025 | monthly | Oct 2008 - Nov 2025 |
| Ireland (% pa) | 2.90 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Israel (% pa) | 1.74 Nov 2025 | monthly | Feb 1994 - Nov 2025 |
| Italy (% pa) | 3.46 Nov 2025 | monthly | Mar 1991 - Nov 2025 |
| Japan (% pa) | 1.66 Oct 2025 | monthly | Dec 1998 - Oct 2025 |
| Kazakhstan (% pa) | 12.29 Nov 2025 | monthly | Mar 2006 - Nov 2025 |
| Kenya (% pa) | 16.39 Jun 2024 | monthly | Dec 2003 - Jun 2024 |
| South Korea (% pa) | 3.34 Nov 2025 | monthly | Jul 2001 - Nov 2025 |
| Latvia (% pa) | 3.53 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Lebanon (% pa) | 6.00 Dec 2023 | monthly | Mar 2005 - Dec 2023 |
| Lithuania (% pa) | 2.88 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Luxembourg (% pa) | 2.95 Nov 2025 | monthly | Oct 1993 - Nov 2025 |
| Malaysia (% pa) | 3.46 Nov 2025 | monthly | Feb 1992 - Nov 2025 |
| Malta (% pa) | 3.45 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Mexico (% pa) | 4.59 Nov 2025 | monthly | Oct 1999 - Nov 2025 |
| Moldova (% pa) | 6.50 Jul 2021 | monthly | Feb 2001 - Jul 2021 |
| Mongolia (% pa) | 17.50 Apr 2014 | monthly | Nov 2013 - Apr 2014 |
| Morocco (% pa) | 2.74 Nov 2025 | monthly | Jan 1998 - Nov 2025 |
| Myanmar (% pa) | 9.50 2025 | yearly | 1986 - 2025 |
| Nepal (% pa) | 7.00 Oct 2025 | monthly | Jun 1981 - Oct 2025 |
| Netherlands (% pa) | 2.83 Nov 2025 | monthly | Apr 1986 - Nov 2025 |
| New Zealand (% pa) | 4.36 Nov 2025 | monthly | Jan 1985 - Nov 2025 |
| Norway (% pa) | 1.36 Jun 2021 | monthly | Jan 1985 - Jun 2021 |
| Oman (%) | 4.29 Nov 2025 | monthly | Jun 2012 - Nov 2025 |
| Pakistan (% pa) | 11.50 Nov 2025 | monthly | Mar 2015 - Nov 2025 |
| Peru (% pa) | 5.91 Nov 2025 | monthly | May 2005 - Nov 2025 |
| Philippines (% pa) | 5.88 Dec 2025 | monthly | Sep 1996 - Dec 2025 |
| Poland (% pa) | 5.28 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Portugal (% pa) | 3.03 Nov 2025 | monthly | Jul 1993 - Nov 2025 |
| Romania (% pa) | 6.82 Nov 2025 | monthly | Apr 2005 - Nov 2025 |
| Russia (% pa) | 14.33 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Singapore (% pa) | 2.12 Nov 2025 | monthly | Jun 1998 - Nov 2025 |
| Slovakia (% pa) | 3.37 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Slovenia (% pa) | 3.11 Nov 2025 | monthly | Mar 2002 - Nov 2025 |
| South Africa (% pa) | 8.98 Nov 2025 | monthly | Aug 2006 - Nov 2025 |
| Spain (% pa) | 3.17 Nov 2025 | monthly | Nov 1991 - Nov 2025 |
| Sri Lanka (% pa) | 10.96 Sep 2025 | monthly | Jan 2012 - Sep 2025 |
| Sweden (% pa) | 2.66 Nov 2025 | monthly | Jan 1987 - Nov 2025 |
| Switzerland (% pa) | 0.18 Oct 2025 | monthly | Jan 1988 - Oct 2025 |
| Taiwan, China (% pa) | 1.27 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Thailand (% pa) | 1.71 Nov 2025 | monthly | Sep 1999 - Nov 2025 |
| Tunisia (% pa) | 8.88 Sep 2025 | monthly | Jan 2005 - Sep 2025 |
| Turkey (% pa) | 31.87 Oct 2025 | monthly | Jan 2010 - Oct 2025 |
| United Kingdom (% pa) | 4.48 Oct 2025 | monthly | Jan 1979 - Oct 2025 |
| United States (% pa) | 4.09 Nov 2025 | monthly | Apr 1953 - Nov 2025 |
| Uruguay (% pa) | 2.74 Jul 2021 | monthly | Oct 2003 - Jul 2021 |
| Venezuela (% pa) | 13.66 Sep 2018 | monthly | Jan 1999 - Sep 2018 |
| Zambia (% pa) | 17.50 Nov 2025 | monthly | Aug 2007 - Nov 2025 |
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 (%) | -1.0 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | 5,756.479 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Tax Revenue (USD mn) | 79,994.882 2025 | yearly | 1999 - 2025 |
| Tax Revenue: % of GDP (%) | 31.2 2024 | yearly | 1999 - 2024 |
| National Government Debt (USD mn) | 123,654.9 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Government Debt: % of GDP (%) | 48.5 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Forecast: Government Expenditure (NZD bn) | 204.048 2030 | yearly | 1985 - 2030 |
| Forecast: Government Net Debt (NZD bn) | 292.813 2030 | yearly | 1985 - 2030 |
| Forecast: Government Revenue (NZD bn) | 204.003 2030 | yearly | 1985 - 2030 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.135 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | -92.3 Nov 2025 | monthly | Jan 1960 - Nov 2025 |
| Total Exports (USD mn) | 3,950.9 Nov 2025 | monthly | Jan 1957 - Nov 2025 |
| Total Exports Growth (%) | 9.2 Nov 2025 | monthly | Jan 1952 - Nov 2025 |
| 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) | 4,043.2 Nov 2025 | monthly | Jan 1960 - Nov 2025 |
| Total Imports Growth (%) | 4.4 Nov 2025 | monthly | Jan 1961 - Nov 2025 |
| 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) | 366.977 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Total Imports from USA (USD mn) | 430.665 Nov 2025 | monthly | Jan 1981 - Nov 2025 |
| Total Exports to China (USD mn) | 890.782 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Total Imports from China (USD mn) | 859.458 Nov 2025 | monthly | Jul 1982 - Nov 2025 |
| Import Volume Index (Jun2002=1000) | 2,795.000 Sep 2025 | quarterly | Mar 1949 - Sep 2025 |
| Exports: fob: Australia (NZD mn) | 1,039.331 Nov 2025 | monthly | Jan 1988 - Nov 2025 |
| Exports: fob: Japan (NZD mn) | 288.843 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Exports: fob: United States (NZD mn) | 649.287 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Exports: fob: China (NZD mn) | 1,747.093 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Exports: fob: United Kingdom (NZD mn) | 169.154 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Exports: fob: Australia: sa (NZD mn) | 959.987 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Exports: fob: China: sa (NZD mn) | 1,576.047 Nov 2025 | monthly | Jul 1981 - Nov 2025 |
| Exports: fob: SITC: Mineral Fuels (NZD mn) | 54.105 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Exports: fob: SITC: Manufacturing: Goods (NZD mn) | 319.051 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Exports: fob: SITC: Crude Materials (NZD mn) | 746.365 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Exports: fob: SITC: Food & Live Animals (NZD mn) | 4,133.643 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) | 547.240 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Term Trade Index (Jun2002=1000) | 1,476.000 Dec 2024 | quarterly | Mar 1957 - Dec 2024 |
| Export Volume Index: Exclude Re Export (Jun2002=1000) | 1,471.000 Dec 2024 | quarterly | Mar 1951 - Dec 2024 |
| Export Volume Index: Exclude Re Export: sa (Jun2002=1000) | 1,435.000 Dec 2024 | quarterly | Jun 1990 - Dec 2024 |
| Import Volume Index: sa (Jun2002=1000) | 2,606.000 Dec 2024 | quarterly | Jun 1990 - Dec 2024 |
| Export Value Index (2015=100) | 130.280 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 136.389 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Dec 2017 | quarterly | Mar 1996 - Dec 2017 |
| Household Debt: % of GDP (%) | 90.7 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Money Supply M1 (USD mn) | 75,225.265 Nov 2025 | monthly | Dec 2016 - Nov 2025 |
| Money Supply M2 (USD mn) | 254,480.699 Nov 2025 | monthly | Mar 1988 - Nov 2025 |
| M2 Growth (%) | 4.5 Nov 2025 | monthly | Mar 1989 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 28,667.0 Nov 2025 | monthly | Sep 2005 - Nov 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 9.441 Sep 2025 | quarterly | Sep 2005 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.0 Nov 2025 | monthly | Sep 2005 - Nov 2025 |
| Gold Reserves (USD mn) | 0.000 Oct 2025 | monthly | Dec 1950 - Oct 2025 |
| Total Deposits (USD mn) | 279,008.095 Nov 2025 | monthly | Dec 2016 - Nov 2025 |
| Total Deposits Growth (%) | 3.8 Nov 2025 | monthly | Dec 2017 - Nov 2025 |
| Domestic Credit (USD mn) | 363,012.1 Nov 2025 | monthly | Mar 1988 - Nov 2025 |
| Domestic Credit Growth (%) | 4.1 Nov 2025 | monthly | Mar 1989 - Nov 2025 |
| Credit to Households (USD bn) | 238.472 Jun 2025 | quarterly | Dec 1990 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 423.842 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Household Debt (USD mn) | 231,294.6 Nov 2025 | monthly | Dec 1990 - Nov 2025 |
| Total Loans (USD mn) | 344,126.487 Nov 2025 | monthly | Dec 2016 - Nov 2025 |
| Total Loans Growth (%) | 4.78 Nov 2025 | monthly | Dec 2017 - Nov 2025 |
| Private Debt: % of Nominal GDP (%) | 136.73 Sep 2025 | quarterly | Mar 1988 - Sep 2025 |
| Depository Corp: Money Supply: Broad Money (NZD mn) | 443,578.000 Nov 2025 | monthly | Mar 1988 - Nov 2025 |
| Depository Corp: Domestic Credit (NZD mn) | 633,520.000 Oct 2025 | monthly | Mar 1988 - Oct 2025 |
| Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) | 130,730.000 Oct 2025 | monthly | Dec 2016 - Oct 2025 |
| Official Reserve Assets (NZD mn) | 55,851.773 Nov 2025 | monthly | Sep 2005 - Nov 2025 |
| Official Reserve Assets: Foreign Currency Reserves (NZD mn) | 38,442.469 Nov 2025 | monthly | Sep 2005 - Nov 2025 |
| 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 (%) | 72.100 Mar 2025 | quarterly | Mar 2022 - Mar 2025 |
| House Price Inflation: Net Percent Expecting Higher (%) | -34.300 Mar 2025 | quarterly | Mar 2022 - Mar 2025 |
| Business Outlook Survey: Manufacturing: Business Confidence Index (Point) | 83.700 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Business Outlook Survey: Construction: Business Confidence Index (Point) | 76.200 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Business Outlook Survey: Retail: Business Confidence Index (Point) | 67.900 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Business Outlook Survey: All Industries: Business Confidence Index (Point) | 73.600 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Business Outlook Survey: Service: Business Confidence Index (Point) | 73.700 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Performance Manufacturing Index (NA) | 55.838 Nov 2025 | monthly | Aug 2002 - Nov 2025 |
More Indicators for New Zealand
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