Nigeria - Real interest rate
Real interest rate (%)
The value for Real interest rate (%) in Nigeria was 5.37 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 18.18 in 2009 and a minimum value of -65.86 in 1981.
Definition: Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.
Source: International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.
See also:
| Year | Value |
|---|---|
| 1970 | -29.27 |
| 1971 | 5.58 |
| 1972 | 3.99 |
| 1973 | 1.57 |
| 1974 | -25.67 |
| 1975 | -13.97 |
| 1976 | -6.87 |
| 1977 | -4.26 |
| 1978 | -6.29 |
| 1979 | -2.99 |
| 1980 | -3.55 |
| 1981 | -65.86 |
| 1982 | -4.59 |
| 1983 | -8.02 |
| 1984 | 4.34 |
| 1985 | 2.34 |
| 1986 | 4.31 |
| 1987 | -4.77 |
| 1988 | -2.96 |
| 1989 | -6.61 |
| 1990 | 17.47 |
| 1991 | 0.99 |
| 1992 | -14.99 |
| 1993 | -7.05 |
| 1994 | -15.92 |
| 1995 | -31.45 |
| 1996 | -5.26 |
| 1997 | 12.13 |
| 1998 | 11.48 |
| 1999 | 6.05 |
| 2000 | -1.14 |
| 2001 | 12.14 |
| 2002 | 3.02 |
| 2003 | 9.94 |
| 2004 | -2.60 |
| 2005 | -1.59 |
| 2006 | -5.63 |
| 2007 | 9.19 |
| 2008 | 6.68 |
| 2009 | 18.18 |
| 2010 | 1.07 |
| 2011 | 5.69 |
| 2012 | 6.22 |
| 2013 | 11.20 |
| 2014 | 11.36 |
| 2015 | 13.60 |
| 2016 | 6.69 |
| 2017 | 5.79 |
| 2018 | 6.06 |
| 2019 | 4.52 |
| 2020 | 5.37 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Interest rates
