New Zealand Policy Rate

1999 - 2020 | Monthly | % pa | CEIC Data

New Zealand cash rate (Policy Rate: Month End: Official Cash Rate) was set at 0.25 % pa in Nov 2020, compared with 0.25 % pa in the previous Oct 2020. New Zealand Policy Rate averaged 3.38 % pa and is updated monthly, available from Apr 1999 to Nov 2020. The data reached an all-time high of 8.25 % pa in Jun 2008 and a record low of 0.25 % pa in Nov 2020. The Official Cash Rate ws introduced in March 1999 and is reviewed eight times a year by the Reserve Bank of New Zealand.

In the latest reports, New Zealand Short Term Interest Rate: Month End: New Zealand: Bank Accepted Bills: 90 Days was reported at 0.28 % pa in Oct 2020. Its Long Term Interest Rate (Government Bond Yield: 10 Years) was reported at 0.51 % pa in Oct 2020. New Zealand Exchange Rate against USD averaged 1.51 (NZD/USD) in Oct 2020.

View New Zealand's Policy Rate from Apr 1999 to Nov 2020 in the chart:

New Zealand Policy Rate

What was New Zealand's Policy Rate in Nov 2020?

Last Previous Min Max Unit Frequency Range
0.25 Nov 2020 0.25 Oct 2020 0.25 Nov 2020 8.25 Jun 2008 % pa monthly Apr 1999 - Nov 2020

Policy Rate by Country Comparison

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Includes Policy Rate on 106 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% pa) 0.50 Oct 2020 monthly Jan 2000 - Oct 2020
Algeria (% pa) 3.00 Dec 2020 monthly Jan 1963 - Dec 2020
Argentina (%) 30.79 Oct 2020 monthly Aug 1985 - Oct 2020
Armenia (% pa) 5.25 Dec 2020 monthly May 2001 - Dec 2020
Australia (% pa) 0.10 Nov 2020 monthly Aug 1990 - Nov 2020
Austria (% pa) 0.00 Dec 2020 monthly Jan 1999 - Dec 2020
Azerbaijan (% pa) 6.50 Nov 2020 monthly Jan 2005 - Nov 2020
Bahrain (% pa) 1.00 Dec 2020 monthly Jan 2007 - Dec 2020
Bangladesh (% pa) 4.75 Nov 2020 monthly Sep 2009 - Nov 2020
Belarus (% pa) 7.75 Dec 2020 monthly Jul 1991 - Dec 2020

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New Zealand Key Series

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Includes 359 key indicators for New Zealand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -9.8 Jun 2020 quarterly Dec 2001 - Jun 2020
Consolidated Fiscal Balance (USD mn) 13,310.499 Sep 2020 quarterly Mar 2001 - Sep 2020
Tax Revenue (USD mn) 59,724.424 2020 yearly 1999 - 2020
Tax Revenue: % of GDP (%) 30.6 2019 yearly 1999 - 2019
National Government Debt (USD mn) 71,133.0 Sep 2020 quarterly Dec 2007 - Sep 2020
Government Debt: % of GDP (%) 32.9 Jun 2020 quarterly Dec 2007 - Jun 2020
Forecast: Government Expenditure (NZD bn) 143.939 2025 yearly 1985 - 2025
Forecast: Government Net Debt (NZD bn) 251.128 2025 yearly 1985 - 2025
Forecast: Government Revenue (NZD bn) 138.752 2025 yearly 1985 - 2025
General Government: ytd: Revenue (NZD mn) 29,650.000 Sep 2020 quarterly Mar 2001 - Sep 2020
General Government: ytd: Expenses (NZD mn) 32,755.000 Sep 2020 quarterly Mar 2001 - Sep 2020
General Government: ytd: Borrowings (NZD mn) 154,556.000 Sep 2020 quarterly Jun 2002 - Sep 2020
General Government: ytd: Borrowings: Gross Sovereign Issued Debt Excluding Reser... (NZD mn) 93,950.000 Mar 2020 quarterly Dec 2007 - Mar 2020

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