Banking - New Zealand



TopicValue
Central bank discount rate (%)2.5
Commercial bank prime lending rate (%)5.7
Value & RankThe Central bank discount rate of New Zealand is 2.50 (%) with a global rank of 111.
New Zealand compared to other CountriesThe Central bank discount rate of New Zealand is similar to that of Lithuania, Gabon, Australia, Togo, Saudi Arabia, Korea, Thailand, China, Oman, Jamaica with a respective Central bank discount rate of 3.00, 3.00, 3.00, 2.50, 2.50, 2.50, 2.25, 2.25, 2.00, 2.00 (%) and a global rank of 106, 107, 108, 109, 110, 112, 113, 114, 115, 116.
Central bank discount rate of New Zealand
Value & RankThe Commercial bank prime lending rate of New Zealand is 5.70 (%) with a global rank of 140.
New Zealand compared to other CountriesThe Commercial bank prime lending rate of New Zealand is similar to that of San Marino, Philippines, Oman, China, Slovenia, El Salvador, Estonia, Brunei, Singapore, Qatar with a respective Commercial bank prime lending rate of 5.92, 5.80, 5.80, 5.73, 5.70, 5.60, 5.50, 5.50, 5.38, 5.30 (%) and a global rank of 135, 136, 137, 138, 139, 141, 142, 143, 144, 145.Last 5 years averageNew Zealand had an average Commercial bank prime lending rate of 8.38 (%) in the last 5 years from (2008 to 2013).
New Zealand since the end of the Great RecessionNew Zealand's Commercial bank prime lending rate had a negative growth (decline) of 45.1% since the end of the Great Recession
Commercial bank prime lending rate of New Zealand
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Datasource: CIA - The World Factbook