Niger Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Niger's interest rate spread was -1.35% in 2017, ranked 4th globally. This represents a 17.2% increase from 2016. Data from World Bank, covering 2005–2017.
Overview
Niger's interest rate spread stood at -1.35% in 2017, a rise of +0.28pp from 2016. Niger ranked 4th globally.
Niger’s interest‑rate spread, measured as the differential between lending and deposit rates, fell from an all‑time peak of 3.19 % in 2005 to a historic trough of –3.60 % in 2009, before stabilising at –1.35 % in 2017, a level that placed the country fourth globally and matched the spreads recorded in Mali, Senegal, Guinea‑Bissau and Togo. The sharp contraction between 2005 and 2009 reflects a period of heightened monetary tightening and reduced risk premiums in the domestic banking sector, while the modest rebound to –1.35 % by 2017 suggests a gradual rebalancing of credit conditions amid modest economic growth and limited financial deepening. Over the 13‑year coverage window, the spread has remained negative for most of the period, indicating that deposit rates have consistently exceeded lending rates, a situation that can suppress bank profitability and credit expansion. Future movements will hinge on reforms that improve financial intermediation, enhance credit risk assessment and foster greater competition among lenders, which could narrow the negative spread and support a more robust credit market.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2017 | -1.35% | +0.28pp | #4 |
| 2016 | -1.63% | +0.21pp | #6 |
| 2015 | -1.84% | +0.08pp | #7 |
| 2014 | -1.92% | +0.45pp | #7 |
| 2013 | -2.37% | +0.59pp | #7 |
| 2012 | -2.95% | +0.29pp | #7 |
| 2011 | -3.24% | +0.03pp | #6 |
| 2010 | -3.27% | +0.33pp | #7 |
| 2009 | -3.60% | −0.46pp | #7 |
| 2008 | -3.14% | −0.08pp | #7 |
| 2007 | -3.06% | +0.02pp | #7 |
| 2006 | -3.09% | −6.27pp | #7 |
| 2005 | 3.19% | – | #21 |
Detected Pattern
Analysis
Niger matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Niger's interest rate spread was -1.35% in 2017. Ranked 4th globally. This represents a 17.2% increase from the previous year.
Niger's interest rate spread peaked at 3.19% in 2005.
The lowest interest rate spread in Niger was -3.60% in 2009.
Niger ranks 4th globally in interest rate spread as of 2017.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Niger in 2017 was -1.35%. This ranks 4th in the world.
Cite this page
@misc{historysaid_niger_interest-rate-spread,
title = {Niger Interest Rate Spread},
url = {https://historysaid.com/niger/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}