Updated March 2026
Savings Account Interest Rate in Nigeria (2026)
11.27%
Ranked #11 of 160 • Global avg 5.10%
Top retail savings accounts in Nigeria currently yield around 11.27%, above the global average of 5.10%.
Among the 30 economies tracked by NoodlePants, Nigeria ranks #11 for savings rate — putting it mid-pack globally.
A $10,000 deposit at 11.27% would earn about $1,127 in interest per year, before tax.
All financial metrics for Nigeria
Where Nigeria ranks globally
#1Turkey
57.60%
#2Argentina
34.86%
#3Venezuela
24.00%
#4Egypt
19.16%
#5Uzbekistan
18.12%
#6Kazakhstan
14.00%
#7Honduras
12.44%
#8Madagascar
12.08%
#9Sudan
12.00%
#10Kenya
11.98%
#11Nigeria
11.27%
#12Georgia
10.59%
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