Deposit Interest Rate in Nigeria  1980-2017 | Data | Chart | Calendar

Deposit Interest Rate in Nigeria decreased to 9.10 percent in 2015 from 9.34 percent in 2014. Deposit Interest Rate in Nigeria averaged 11.49 percent from 1980 until 2015, reaching an all time high of 23.24 percent in 1993 and a record low of 5.27 percent in 1980.

Deposit Interest Rate in Nigeria
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Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 1825664.51 1794287.84 1857941.79 193939.30 NGN Million [+]
Money Supply M1 10023616.69 9949385.47 10023616.69 396991.90 NGN Million [+]
Money Supply M2 22275512.54 22133478.32 22275512.54 648506.60 NGN Million [+]
Foreign Exchange Reserves 25720.00 24695.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.10 9.34 23.24 5.27 percent [+]
Interbank Rate 0.00 0.00 38.96 0.00 percent [+]
Lending Rate 17.10 17.09 37.80 6.00 percent [+]



Deposit Interest Rate in Nigeria Notes

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Nigeria. Deposit Interest Rate in Nigeria - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
9.10 9.34 23.24 5.27 1980 - 2015 percent Yearly



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Kenya 9.20 Dec/15
Russia 9.19 Dec/15
Nigeria 9.10 Dec/15
Azerbaijan 9.00 Dec/15
Zambia 8.99 Dec/15
Georgia 8.90 Dec/15
Mozambique 8.53 Dec/15
Indonesia 8.30 Dec/15
Suriname 8.30 Aug/16
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Syria 6.22 Dec/10
South Africa 6.20 Dec/15
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Mauritius 6.10 Dec/15
Bhutan 6.00 Dec/15
Lebanon 6.00 Dec/15
Pakistan 6.00 Dec/15
Sri Lanka 6.00 Dec/15
Mauritania 5.81 Dec/12
Iraq 5.75 Dec/13
Togo 5.61 Dec/15
Uruguay 5.60 Dec/15
Benin 5.57 Dec/15
Guatemala 5.50 Dec/15
Senegal 5.24 Dec/15
Burkina Faso 5.01 Dec/15
Ivory Coast 4.99 Dec/15
Jamaica 4.90 Dec/15
Iceland 4.85 Dec/04
Mali 4.75 Dec/15
Namibia 4.71 Dec/15
Vietnam 4.70 Dec/15
Ethiopia 4.68 Dec/08
Colombia 4.60 Dec/15
Guinea Bissau 4.49 Dec/15
Sierra Leone 4.48 Dec/15
Ecuador 4.40 Dec/15
Haiti 4.29 Dec/15
Tajikistan 4.20 Dec/15
Liberia 4.05 Dec/15
Burundi 4.00 Dec/88
Morocco 3.80 Dec/15
New Zealand 3.80 Dec/15
Nepal 3.63 Dec/10
Chile 3.60 Dec/15
United Arab Emirates 3.60 Dec/01
Paraguay 3.51 Dec/15
Jordan 3.50 Dec/15
Sao Tome and Principe 3.38 Dec/14
Angola 3.32 Dec/15
Seychelles 3.16 Dec/15
Malaysia 3.10 Dec/15
Maldives 3.10 Dec/15
Samoa 3.02 Dec/14
Laos 3.00 Dec/10
Cape Verde 2.90 Dec/15
Saudi Arabia 2.89 Dec/08
Tonga 2.84 Dec/14
St Kitts and Nevis 2.72 Dec/15
Kyrgyzstan 2.70 Dec/15
Belize 2.60 Dec/15
Antigua and Barbuda 2.50 Dec/15
Botswana 2.50 Dec/15
Chad 2.50 Dec/15
Fiji 2.50 Dec/15
Libya 2.50 Dec/14
Serbia 2.50 Dec/16
Cameroon 2.45 Dec/15
Central African Republic 2.45 Dec/15
Equatorial Guinea 2.45 Dec/15
Gabon 2.45 Dec/15
Republic of the Congo 2.45 Dec/15
Costa Rica 2.40 Dec/15
Denmark 2.40 Dec/03
Dominica 2.40 Dec/15
Australia 2.30 Dec/15
Lesotho 2.30 Dec/15
Peru 2.29 Dec/15
St Lucia 2.27 Dec/15
Swaziland 2.27 Dec/15
Panama 2.14 Dec/15
St Vincent and the Grenadines 2.12 Dec/15
Bosnia and Herzegovina 2.06 Dec/15
Kuwait 2.00 Dec/15
Aruba 1.90 Dec/15
Oman 1.90 Dec/15
Algeria 1.80 Dec/15
Grenada 1.80 Dec/15
South Korea 1.80 Dec/15
Comoros 1.75 Dec/15
Philippines 1.60 Dec/15
Qatar 1.60 Dec/15
China 1.50 Dec/15
Trinidad and Tobago 1.50 Dec/15
Bahamas 1.40 Dec/15
Bolivia 1.40 Dec/15
Cambodia 1.40 Dec/15
Thailand 1.40 Dec/15
Barbados 1.30 Dec/15
Guyana 1.11 Dec/15
Vanuatu 1.10 Dec/14
San Marino 1.08 Dec/11
Djibouti 1.06 Dec/15
Bahrain 1.00 Dec/15
Nicaragua 1.00 Dec/15
Bulgaria 0.61 Dec/15
Mexico 0.59 Dec/15
Micronesia 0.54 Dec/14
Israel 0.50 Dec/15
Poland 0.50 Jan/17
West Bank and Gaza 0.46 Dec/12
Japan 0.40 Dec/15
Papua New Guinea 0.40 Dec/15
Brunei 0.30 Dec/15
Albania 0.25 Aug/16
Macedonia 0.25 Nov/16
Romania 0.25 Oct/16
Solomon Islands 0.25 Dec/14
Singapore 0.20 Dec/15
Canada 0.10 Dec/15
Czech Republic 0.05 Aug/16
Croatia 0.00 Jul/16
Hong Kong 0.00 Dec/15
Macau 0.00 Dec/15
United Kingdom 0.00 Jul/16
Hungary -0.05 Dec/16
Switzerland -0.18 Dec/15
Euro Area -0.40 Dec/16
Norway -0.50 Aug/16
Sweden -1.25 Aug/16