Updated March 2026Savings Account Interest Rate in Malaysia (2026)
2.85%
Ranked #22 of 30 • Global avg 7.90%
Top retail savings accounts in Malaysia currently yield around 2.85%, below the global average of 7.90%.
Among the 30 economies tracked by NoodlePants, Malaysia ranks #22 for savings rate — near the bottom of the global ranking.
A $10,000 deposit at 2.85% would earn about $285 in interest per year, before tax.
All financial metrics for Malaysia
Where Malaysia ranks among 30 countries
#1
Argentina
Argentina110.00%
#2
Brazil
Brazil11.50%
#3
Colombia
Colombia11.00%
#4
Mexico
Mexico9.50%
#5
South Africa
South Africa7.50%
#6
India
India6.80%
#7
Poland
Poland5.50%
#8
Vietnam
Vietnam5.20%
#9
New Zealand
New Zealand5.10%
#10
United Kingdom
United Kingdom4.80%
#11
Czech Republic
Czech Republic4.80%
#12
Australia
Australia4.60%
Compare Malaysia's savings rate
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