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 #60 of 161 • Global avg 6.08%

Top retail savings accounts in New Zealand currently yield around 5.10%, below the global average of 6.08%.

Among the 30 economies tracked by NoodlePants, New Zealand ranks #60 for savings rate — near the bottom of the global ranking.

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 →

#1Argentina

110.00%

#2Turkey

47.00%

#3Zimbabwe

30.00%

#4Venezuela

24.00%

#5Egypt

22.00%

#6Uzbekistan

18.00%

#7Pakistan

14.50%

#8Angola

14.00%

#9Kazakhstan

14.00%

#10Mozambique

13.00%

#11Ukraine

13.00%

#12Ghana

12.00%

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

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