Updated March 2026Savings Account Interest Rate in Nigeria (2026)
12.00%
Ranked #11 of 106 • Global avg 6.38%
Top retail savings accounts in Nigeria currently yield around 12.00%, above the global average of 6.38%.
Among the 30 economies tracked by NoodlePants, Nigeria ranks #11 for savings rate — putting it mid-pack globally.
A $10,000 deposit at 12.00% would earn about $1,200 in interest per year, before tax.
All financial metrics for Nigeria
Where Nigeria ranks globally
#1
Argentina
Argentina110.00%
#2
Turkey
Turkey47.00%
#3
Venezuela
Venezuela24.00%
#4
Egypt
Egypt22.00%
#5
Uzbekistan
Uzbekistan18.00%
#6
Pakistan
Pakistan14.50%
#7
Kazakhstan
Kazakhstan14.00%
#8
Angola
Angola14.00%
#9
Ukraine
Ukraine13.00%
#10
Sri Lanka
Sri Lanka12.00%
#11
Nigeria
Nigeria12.00%
#12
Ghana
Ghana12.00%
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