Fiatmap

Cost of moneyNew Zealand

Savings vs inflation in New Zealand

Is my bank account gaining or losing purchasing power?

New Zealand's savings vs inflation is 1.11 % — #32 of 70 countries on the atlas (higher is better). Period 2025.

1.11%

Checked 22 Sept 2026Period 2025

Source: Fiatmap derived metrics (own calculation from separately sourced components)

A bank account in New Zealand currently gains about 1.1 pp of purchasing power a year.

Among 70 countries

2 of 70 countries between -24.36 % and -23.02 %1 of 70 countries between -16.31 % and -14.97 %2 of 70 countries between -12.28 % and -10.94 %1 of 70 countries between -6.92 % and -5.58 %1 of 70 countries between -5.58 % and -4.23 %4 of 70 countries between -4.23 % and -2.89 %6 of 70 countries between -2.89 % and -1.55 %6 of 70 countries between -1.55 % and -0.21 %16 of 70 countries between -0.21 % and 1.13 %8 of 70 countries between 1.13 % and 2.47 %10 of 70 countries between 2.47 % and 3.82 %7 of 70 countries between 3.82 % and 5.16 %2 of 70 countries between 5.16 % and 6.50 %4 of 70 countries between 6.50 % and 7.84 %median 0.61 %New Zealand: ahead of 54 % of the 70 countries with a published savings vs inflationNew Zealand 1.11 %-24.36 %7.84 %
Half of all 70 countries sit between -1.26 % and 3.41 %. New Zealand is ahead of 54 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.
Rank
#32 of 70
higher is better
Ranked behind
54 %
38 of 70 countries

vs median 0.74 %: +0.37 pp (better)

The neighbourhood

#CountrySavings vs inflationvs New Zealand
30 Hungary1.30 %+0.19 pp
31 Thailand1.28 %+0.17 pp
32 New Zealand1.11 %—
33 Malaysia1.04 %−0.07 pp
34 Belize0.92 %−0.19 pp

Deposit rate minus inflation — whether an ordinary bank account gains or loses purchasing power. Our calculation from two separately sourced figures.

How to read this figure

Our own calculation: the bank deposit rate minus annual CPI inflation. Where the policy-rate real rate answers "does the central bank beat inflation", this answers the question an ordinary saver actually has — does MY account? Deposit rates come from the IMF (harmonised, ~100 economies), inflation from official CPI; we never compute it when either leg is missing.

Next, about New Zealand

Deposit rateInflation rateMoney's value
Savings vs inflation, all countries ranked →Compare New Zealand with another country →Everything about New Zealand →
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