Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31
Nigeria's real interest rate stands at 2.87% as of 2023-12-31, down from 3.97% in 2022. Historical data runs from 1970 to 2023 (54 observations).
In 2023, Nigeria's real interest rate was 2.87%, down from 3.97% in 2022.
In 2022, Nigeria's real interest rate was 3.97%, up from -1.02% in 2021.
In 2021, Nigeria's real interest rate was -1.02%, down from 2.15% in 2020.
In 2020, Nigeria's real interest rate was 2.15%, up from -25.78% in 2019.
In 2019, Nigeria's real interest rate was -25.78%, down from 6.06% in 2018.
| Year | Value | Change |
|---|---|---|
| 2023 | 2.87% | -1.1% |
| 2022 | 3.97% | +4.99% |
| 2021 | -1.02% | -3.17% |
| 2020 | 2.15% | +27.92% |
| 2019 | -25.78% | -31.83% |
| 2018 | 6.06% | +0.2654% |
| 2017 | 5.79% | -0.8957% |
| 2016 | 6.69% | -6.91% |
| 2015 | 13.6% | +2.24% |
| 2014 | 11.36% | +0.1546% |
| 2013 | 11.2% | +4.98% |
| 2012 | 6.22% | +0.5392% |
| 2011 | 5.69% | +4.62% |
| 2010 | 1.07% | -17.11% |
| 2009 | 18.18% | +11.5% |
| 2008 | 6.68% | -2.5% |
| 2007 | 9.19% | +14.82% |
| 2006 | -5.63% | -4.03% |
| 2005 | -1.59% | +1.01% |
| 2004 | -2.6% | -12.54% |
| 2003 | 9.94% | +6.91% |
| 2002 | 3.02% | -9.12% |
| 2001 | 12.14% | +13.28% |
| 2000 | -1.14% | -7.19% |
| 1999 | 6.05% | -5.44% |
| 1998 | 11.48% | -0.6419% |
| 1997 | 12.13% | +17.39% |
| 1996 | -5.26% | +26.19% |
| 1995 | -31.45% | -15.53% |
| 1994 | -15.92% | -8.87% |
| 1993 | -7.05% | +7.93% |
| 1992 | -14.99% | -15.98% |
| 1991 | 0.9908% | -16.48% |
| 1990 | 17.47% | +24.08% |
| 1989 | -6.61% | -3.65% |
| 1988 | -2.96% | +1.81% |
| 1987 | -4.77% | -9.08% |
| 1986 | 4.31% | +1.97% |
| 1985 | 2.34% | -2% |
| 1984 | 4.34% | +12.36% |
| 1983 | -8.02% | -3.44% |
| 1982 | -4.59% | +61.27% |
| 1981 | -65.86% | -62.31% |
| 1980 | -3.55% | -0.5527% |
| 1979 | -2.99% | +3.29% |
| 1978 | -6.29% | -2.03% |
| 1977 | -4.26% | +2.61% |
| 1976 | -6.87% | +7.1% |
| 1975 | -13.97% | +11.7% |
| 1974 | -25.67% | -27.24% |
| 1973 | 1.57% | -2.42% |
| 1972 | 3.99% | -1.59% |
| 1971 | 5.58% | +34.85% |
| 1970 | -29.27% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Nigeria's real interest rate is 2.87% as of 2023-12-31, compared with 3.97% in 2022. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 18.18% (2009); the lowest is -65.86% (1981), across data from 1970 to 2023.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.