Deposit Interest Rate in Nigeria 1980-2018 | Data | Chart | Calendar

Deposit Interest Rate in Nigeria increased to 9.60 percent in 2017 from 7.50 percent in 2016. Deposit Interest Rate in Nigeria averaged 11.33 percent from 1980 until 2017, reaching an all time high of 23.24 percent in 1993 and a record low of 5.27 percent in 1980.

1Y 5Y 10Y MAX

Export Data API Access

width

height

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

Learn More Register Login

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Learn More Interested? Click here to contact us

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	1957219.31	1668378.21	2179174.28	193939.30	NGN Million	[+]
Money Supply M1	10670629.00	10912604.10	11271506.82	396991.90	NGN Million	[+]
Money Supply M2	24520634.88	24303049.86	24520634.88	648506.60	NGN Million	[+]
Foreign Exchange Reserves	47622.00	47360.00	62081.86	63.22	USD Million	[+]
Deposit Interest Rate	9.60	7.50	23.24	5.27	percent	[+]
Lending Rate	17.24	17.35	37.80	6.00	percent	[+]

Deposit Interest Rate in Nigeria

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 June of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	9.60	7.50	23.24	5.27	1980 - 2017	percent	Yearly

Export Data API

deposit interest rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	16.25	Jun/18	16.25	398	1.5	%	Monthly
Brazil	8.51	Dec/17	12.4	9394	7.81	%	Yearly
Russia	7.01	Dec/16	9.19	102	3.79	%	Yearly
Indonesia	4.00	May/18	3.75	56	3	%	Monthly
Australia	1.90	May/18	1.9	17.25	1.9	%	Monthly
South Korea	1.67	Dec/17	1.56	19.5	1.56	%	Yearly
Mexico	1.29	Dec/16	0.59	94.96	0.59	%	Yearly
China	0.35	May/18	0.35	3.15	0.35	%	Monthly
Japan	0.30	Dec/16	0.4	5.5	0.04	%	Yearly
United Kingdom	0.25	Apr/18	0.25	4.25	0	%	Monthly
Canada	0.10	Dec/16	0.1	15.96	0.05	%	Yearly
Switzerland	-0.32	Apr/18	-0.32	9.75	-0.34	%	Monthly
Euro Area	-0.40	Jun/18	-0.4	3.75	-0.4	%	Monthly