Nigeria - Deposit Rate 1983
7.41%
−0.19pp from 1982
Nigeria's deposit rate was 7.41% in 1983, decreased +0.19pp from 7.60% in 1982. This was the 22nd highest globally.
Global Ranking - 1983▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Myanmar | 1.50% | 0.0% |
| 2nd | Grenada | 3.08% | 40.7% |
| 3rd | Tanzania | 4.00% | 0.0% |
| 4th | St. Kitts and Nevis | 4.09% | 8.3% |
| 5th | Dominica | 4.84% | 13.3% |
| 6th | Bhutan | 5.50% | 0.0% |
| 7th | Libya | 5.50% | 0.0% |
| 8th | Mauritania | 5.50% | 0.0% |
| 9th | St. Lucia | 5.57% | 24.0% |
| 10th | St. Vincent and the Grenadines | 5.61% | 15.9% |
| 11th | China | 5.76% | 0.0% |
| 12th | Japan | 5.86% | 0.0% |
| 13th | Qatar | 6.00% | 0.0% |
| 14th | Papua New Guinea | 6.29% | - |
| 15th | Singapore | 6.31% | -12.5% |
| 16th | Morocco | 6.50% | 2.0% |
| 17th | Barbados | 6.72% | -23.9% |
| 18th | Bahrain | 7.00% | -18.4% |
| 19th | Zambia | 7.00% | 16.7% |
| 20th | Kuwait | 7.13% | -22.6% |
| 21st | Canada | 7.33% | -43.2% |
| 22nd | Nigeria | 7.41% | -2.5% |
| 23rd | Antigua and Barbuda | 7.61% | 52.2% |
| 24th | Malaysia | 8.02% | -17.7% |
| 25th | France | 8.08% | -4.9% |
| 26th | Somalia, Fed. Rep. | 8.50% | 13.3% |
| 27th | Seychelles | 9.08% | 0.9% |
| 28th | Lebanon | 10.01% | -22.7% |
| 29th | Liberia | 10.25% | 0.4% |
| 30th | Egypt, Arab Republic of | 11.00% | 0.0% |
| 31st | Sierra Leone | 11.00% | 10.0% |
| 32nd | Eswatini | 11.17% | -4.3% |
| 33rd | United Kingdom | 11.19% | -9.9% |
| 34th | Belize | 11.30% | -24.0% |
| 35th | Ghana | 11.50% | 0.0% |
| 36th | Botswana | 11.88% | 10.5% |
| 37th | Guyana | 12.00% | 3.6% |
| 38th | Mauritius | 12.06% | 8.2% |
| 39th | Zimbabwe | 12.80% | -11.5% |
| 40th | Australia | 12.85% | -14.4% |
| 41st | Thailand | 13.00% | 0.0% |
| 42nd | Kenya | 13.27% | 8.8% |
| 43rd | Philippines | 13.58% | -1.2% |
| 44th | Bangladesh | 13.61% | 0.0% |
| 45th | Jamaica | 13.66% | 27.0% |
| 46th | Costa Rica | 19.50% | 6.6% |
| 47th | Türkiye | 45.33% | 0.7% |
| 48th | Mexico | 59.91% | 45.9% |
| 49th | Uruguay | 114.86% | 42.4% |
| 50th | Brazil | 154.04% | -1.0% |
FAQ
What was Nigeria's deposit rate in 1983?▾
Nigeria's deposit rate in 1983 was 7.41%. This ranked 22nd globally.
How did Nigeria's deposit rate change in 1983?▾
Nigeria's deposit rate decreased by 2.5% in 1983 compared to 1982.
Which country had the highest deposit rate in 1983?▾
Brazil had the highest deposit rate in 1983 at 154.04%.
What is the deposit rate of Nigeria in 1983?▾
The deposit rate of Nigeria in 1983 was 7.41%. This ranked 22nd globally.
How does 1983 compare to 1982 for Nigeria's deposit rate?▾
Nigeria's deposit rate went from 7.60% in 1982 to 7.41% in 1983, a 2.5% decrease.
HistorySaid - pattern alert
Nigeria matched the Fiscal Dominance Trap pattern in 1983. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 7.4%. View full analysis →
Related
1982
1984
All years
Full ranking 1983
Lending Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1993
Lowest: 1976
Deposit Rate 1990s
Deposit Rate 2000s
Deposit Rate 2010s
Deposit Rate 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation Deposit Rate
OPEC Deposit Rate
African Union Deposit Rate
Global Ranking