New Zealand—Central Bank Policy Rate (%)
Category: Financial MarketsSource: World Bank World Development IndicatorsGlobal Rank: #8 of 43
Latest Value
5.24%
2024
YoY Change
+2.5%
2023 → 2024
Global Rank
#8
of 43 countries
Maximum
9.37%
1996
Minimum
0.31%
2021
CAGR
-1.8%
30 years
Last
5.24%
Previous
5.11%
Highest
9.37%
Lowest
0.31%
Unit
Percent per annum
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 5.24% | +2.5% |
| 2023 | 5.11% | +136.6% |
| 2022 | 2.16% | +596.8% |
| 2021 | 0.31% | -16.2% |
| 2020 | 0.37% | -72.6% |
| 2019 | 1.35% | -20.1% |
| 2018 | 1.69% | +1.8% |
| 2017 | 1.66% | -19.8% |
| 2016 | 2.07% | -32.8% |
| 2015 | 3.08% | -0.3% |
| 2014 | 3.09% | +25.1% |
| 2013 | 2.47% | +0.4% |
| 2012 | 2.46% | -1.6% |
| 2011 | 2.50% | -4.6% |
| 2010 | 2.62% | -7.1% |
| 2009 | 2.82% | -62.6% |
| 2008 | 7.55% | -4.8% |
| 2007 | 7.93% | +8.6% |
| 2006 | 7.30% | +8.0% |
| 2005 | 6.76% | +17.2% |
| 2004 | 5.77% | +8.3% |
| 2003 | 5.33% | -1.3% |
| 2002 | 5.40% | -6.2% |
| 2001 | 5.76% | -5.9% |
| 2000 | 6.12% | +41.3% |
| 1999 | 4.33% | -36.9% |
| 1998 | 6.86% | -7.0% |
| 1997 | 7.38% | -21.2% |
| 1996 | 9.37% | +5.3% |
| 1995 | 8.90% |
Top Countries — Central Bank Policy Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Turkiye | 41.33% | 2025 |
| 2 | Russian Federation | 17.83% | 2024 |
| 3 | Brazil | 14.41% | 2025 |
| 4 | South Africa | 7.24% | 2025 |
| 5 | Mexico | 6.66% | 2025 |
| 6 | Hungary | 6.48% | 2025 |
| 7 | India | 6.03% | 2025 |
| 8 | New Zealand | 5.24% | 2024 |
| 9 | Poland | 5.10% | 2025 |
| 10 | Indonesia | 5.04% | 2025 |
About This Indicator
Definition
Central bank policy interest rate. The rate at which the central bank lends to commercial banks, the primary monetary policy instrument.
Unit
Percent per annum
Source: FRED / OECD / Central BanksView original source →