Nigeria | Interest rate spread (lending rate minus deposit rate, %)
Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source
| year |
value
Min
Max
|
|---|---|
| 1960 | |
| 1961 | |
| 1962 | |
| 1963 | |
| 1964 | |
| 1965 | |
| 1966 | |
| 1967 | |
| 1968 | |
| 1969 | |
| 1970 | 4 |
| 1971 | 4 |
| 1972 | 3.95833333 |
| 1973 | 4 |
| 1974 | 4 |
| 1975 | 3.25 |
| 1976 | 3.83333333 |
| 1977 | 3.16666667 |
| 1978 | 2.60416667 |
| 1979 | 3.31833333 |
| 1980 | 3.165 |
| 1981 | 3.20083333 |
| 1982 | 1.9375 |
| 1983 | 2.565 |
| 1984 | 1.9875 |
| 1985 | 0.31666667 |
| 1986 | 0.72416667 |
| 1987 | 0.87416667 |
| 1988 | 3.66666667 |
| 1989 | 5.76666667 |
| 1990 | 5.51666667 |
| 1991 | 5.125 |
| 1992 | 6.71666667 |
| 1993 | 8.40833333 |
| 1994 | 7.39166667 |
| 1995 | 6.7025 |
| 1996 | 6.7775 |
| 1997 | 10.62583333 |
| 1998 | 8.07583333 |
| 1999 | 7.47916667 |
| 2000 | 9.58333333 |
| 2001 | 8.1825 |
| 2002 | 8.10083333 |
| 2003 | 6.49666667 |
| 2004 | 5.48249372 |
| 2005 | 7.41583333 |
| 2006 | 7.1575 |
| 2007 | 6.65083333 |
| 2008 | 3.509 |
| 2009 | 5.065 |
| 2010 | 11.06416667 |
| 2011 | 10.3175 |
| 2012 |
Nigeria | Interest rate spread (lending rate minus deposit rate, %)
Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits.
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source