What is the average savings rate in New Zealand?

The average savings rate in New Zealand is currently 5.10% as of March 2026.

Updated March 2026

Savings Account Interest Rate in New Zealand (2026)

5.10%

Ranked #9 of 30 • Global avg 7.90%

Top retail savings accounts in New Zealand currently yield around 5.10%, below the global average of 7.90%.

Among the 30 economies tracked by NoodlePants, New Zealand ranks #9 for savings rate — placing it firmly in the top tier.

A $10,000 deposit at 5.10% would earn about $510 in interest per year, before tax.

Mortgage Interest Rate	6.80%	View →
Savings Account Interest Rate	5.10%	View →
Credit Card Interest Rate (APR)	19.5%	View →
Average Rent (1BR City Centre)	$1,450/mo	View →
Real Estate Price (per m²)	$5,300/m²	View →

Argentina

110.00%

Brazil

11.50%

Colombia

11.00%

Mexico

9.50%

South Africa

7.50%

India

6.80%

Poland

5.50%

Vietnam

5.20%

New Zealand

5.10%

#10

United Kingdom

4.80%

#11

Czech Republic

4.80%

#12

Australia

4.60%

Pick another country and see a full side-by-side breakdown.

Live exchange rates, travel advisory, AI insights and more.