Nigeria Deposit Interest Rate

Current and historical deposit interest rate data for Nigeria, including latest value (7.84), trend, international ranking, comparison and source notes.
COUNTRY: Nigeria
UNIT: percent
SOURCE: World Bank / public data sources
CACHE: live
UPDATED: 2026-06-15 05:10:05
Economy Data Rating
Nigeria · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
58 / 100
Moderate risk · limited data
Fiscal stability n/a
Macroeconomic stability 12 / 20
External stability 10.3 / 15
Financial robustness 6.3 / 15
Structural stability 0 / 10
Future capacity 6.2 / 10
Demographic capacity 5 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 65% of weighted inputs available.
Time range: 1970–2023 19702023
1970 2023
Selected year: 2023 · Value: n/a 2023

Nigeria · deposit interest rate by country.

1970–2023
7.84 percent
5.96 percent
7.68 percent
12 selected year
max 8 6 4 2 0
1970 1980 1990 2000 2010 2020 2023
deposit interest rate rate reference line

Countries by deposit interest rate

full ranking
Country Rate Class
Turkey 71.04
Argentina 54.25
Egypt 19.16
Russia 14.62
Kenya 11.98
Ghana 11.42
Serbia 11.2
Colombia 10.17

Interpretation

short note

This financial indicator helps assess monetary conditions, credit, rates or financial depth.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Egypt 19.16
Morocco 2.85
China 1.5
France 0.79

Related indicators

internal links
GDP Growth NY.GDP.MKTP.KD.ZG
Inflation FP.CPI.TOTL.ZG
Government Debt GC.DOD.TOTL.GD.ZS
Unemployment SL.UEM.TOTL.ZS
Current Account Balance BN.CAB.XOKA.GD.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: FR.INR.DPST

Cache: live · Updated: 2026-06-15 05:10:05

Nigeria Snapshot

country profile
Population 232.68 m
GDP 252.26 bn
Debt/GDP n/a
Inflation 33.24%
Unemployment 3.06%
Currency n/a
Region Africa
Income group Lower middle income

Nigeria Deposit Interest Rate: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Deposit Interest Rate for Nigeria. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: nigeria deposit interest rate rate, deposit interest rate data nigeria, nigeria deposit interest rate statistics, nigeria percent.