Deposit Interest Rate in Nigeria
Deposit Interest Rate in Nigeria
Indicator | Data | Period |
---|---|---|
Deposit Interest Rate | 3.13 % | Feb/21 |
Latest data on Deposit Interest Rate (%)
What is average deposit bank interest rate in Nigeria?
- Bank Deposit Interest Rate in Nigeria increased to 3.13 % in February 2021. The maximum rate was 27 % and minimum was 2 %.
- Data published Monthly by World Bank.
Historical Data (%) by years
Data
Period
Date
3.13 | Feb/21 | 10.04.2021 |
2.74 | Dec/20 | 30.01.2021 |
2.9 | Nov/20 | 16.01.2021 |
4.05 | Aug/20 | 17.10.2020 |
4.31 | Jul/20 | 12.09.2020 |
4.7 | Jun/20 | 08.09.2020 |
5.67 | May/20 | 18.07.2020 |
5.99 | Apr/20 | 20.06.2020 |
Historical Chart by presidents (%)
Deposit Interest Rate in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Other money indicators in Nigeria
Index | Updated | Actual | Previous |
Interbank Rate | Dec/17 | 0 % | 0 |
Interest Rate | Mar/21 | 11.5 % | 11.5 |
Money Supply M1 | Feb/21 | 40.489 B USD | 39.045 |
Foreign Direct Investment | 4Q/20 | 0.439 B USD | 0.775 |
Private Sector Credit | Feb/21 | 75.152 B USD | 74.886 |
Deposit Interest Rate in other countries
Country | Updated | Actual | Previous |
Kenya | 2020 | 6.97 % | 7.5 |
Madagascar | Jan/21 | 13.75 % | 13.75 |
Tanzania | 3Q/19 | 7.5 % | 7.3 |
Togo | 2017 | 6.49 % | 6.93 |
Nigeria | Feb/21 | 3.13 % | 2.88 |
Morocco | 2019 | 3 % | 3.1 |
Senegal | 2017 | 6.49 % | 6.93 |
Seychelles | 2020 | 3.48 % | 3.58 |
South Africa | Jan/21 | 3.8 % | 3.92 |
Uganda | Feb/21 | 9.79 % | 9.89 |
Rwanda | 2020 | 7.64 % | 7.64 |
Zambia | Feb/21 | 7.93 % | 7.85 |
Namibia | 2020 | 4.16 % | 5.7 |
Swaziland | 2020 | 2.47 % | 3.7 |
Libya | 2014 | 2.5 % | 2.5 |
Algeria | Jan/21 | 1.75 % | 1.75 |
Angola | 2019 | 6.42 % | 6.88 |
Benin | 2017 | 6.49 % | 6.93 |
Botswana | Feb/21 | 1.36 % | 1.36 |
Burkina Faso | 2017 | 6.5 % | 6.9 |
Central African Republic | 2017 | 2.45 % | 2.45 |
Chad | 2017 | 2.45 % | 2.45 |
Comoros | 2020 | 1.75 % | 1.75 |
Republic of the Congo | 2017 | 2.45 % | 2.45 |
Djibouti | 2017 | 1.65 % | 1.5 |
Equatorial Guinea | 2017 | 2.45 % | 2.45 |
Gabon | 2017 | 2.45 % | 2.45 |
Gambia | 2Q/19 | 9 % | 9 |
Guatemala | 2019 | 5 % | 5.17 |
Guinea Bissau | 2017 | 6.49 % | 6.93 |
Lesotho | 2020 | 3.78 % | 3.78 |
Mali | 2017 | 6.5 % | 6.9 |
Niger | 2017 | 6.49 % | 6.93 |
Sao Tome and Principe | 2Q/19 | 3.36 % | 3.28 |
Sierra Leone | 2020 | 10 % | 10 |