Eurozone deposit rates by country
Average rates that banks in each euro-area country paid households on new deposits in August 2026, ranked by the rate on one-year deposits. Highest: Netherlands 2.54%. Lowest: Slovenia 0.75%. Euro area: 2.13%.
Each figure is the newest ECB average over all banks for new business, before tax; a month is shown only where it differs from August 2026. Real rate: the one-year deposit rate against inflation (HICP) over the past 12 months in the same month, (1 + deposit rate) ÷ (1 + inflation) − 1; a minus sign means prices rose faster than the rate paid. Regulated savings accounts are usually counted as deposits at notice.
| Country | Term, up to 1 year | Inflation (HICP) | Real rate | Overnight | At notice, up to 3 months |
|---|---|---|---|---|---|
| Netherlands | 2.54% | 2.8% | −0.3% | 0.14% | 1.26% |
| Finland | 2.53% | 2.4% | +0.1% | 0.38% | 0.36% |
| Latvia | 2.52% | 3.0% | −0.5% | 0.42% | 1.80% |
| Italy | 2.46% | 3.2% | −0.7% | 0.20% | 1.37% |
| Lithuania | 2.43% | 5.6% | −3.0% | 0.25% | 0.79% |
| France | 2.36% | 2.6% | −0.2% | 0.05% | 1.55% |
| Estonia | 2.35% | 1.3% | +1.0% | 0.32% | 2.32% |
| Germany | 2.28% | 2.9% | −0.6% | 0.51% | 0.73% |
| Malta | 2.24% | 2.0% | +0.2% | 0.07% | 1.74% |
| Slovakia | 2.18% | 3.1% | −0.9% | 0.07% | 1.25% |
| Austria | 2.15% | 2.9% | −0.7% | 0.45% | 1.94% |
| Belgium | 2.14% | 4.2% | −2.0% | 0.06% | 0.72% |
| Spain | 2.01% | 4.6% | −2.5% | 0.16% | Stopped reporting after May 2005 |
| Luxembourg | 2.00% | 4.0% | −1.9% | 0.60% | 2.02% |
| Ireland | 1.81% | 3.4% | −1.5% | 0.22% | 0.90% |
| Portugal | 1.62% | 3.6% | −1.9% | 0.04% | Stopped reporting after July 2006 |
| Bulgaria | 1.40% | 5.0% | −3.4% | 0.01% | 0.41% |
| Cyprus | 1.35% | 5.2% | −3.7% | 0.00% | 0.03% |
| Croatia | 1.29% | 3.7% | −2.3% | 0.02% | 2.04% |
| Greece | 1.17% | 3.7% | −2.4% | 0.03% | Stopped reporting after April 2013 |
| Slovenia | 0.75% | 3.4% | −2.6% | 0.10% | 1.40% |
| Eurozone | 2.13% | 3.2% | −1.0% | 0.29% | 1.25% |
Source: ECB (MIR) · data through August 2026 · updated 2026-10-20 · modifications: none
Frequently asked questions
- Which euro-area country pays the highest interest on savings?
- In August 2026, the highest average rate on new one-year deposits was 2.54% (Netherlands) and the lowest was 0.75% (Slovenia).
- In which countries do savings beat inflation?
- In August 2026, the one-year deposit rate was above inflation (HICP, past 12 months) in 3 of 21 countries.
- What is the difference between overnight, notice and term deposits?
- Overnight deposits can be withdrawn at any time. Deposits at notice can be withdrawn once the bank has been given notice, here up to 3 months; regulated savings accounts are usually counted here. Fixed-term deposits are locked for an agreed period, here up to 1 year. The ECB publishes a separate rate for each.