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Nigeria - Deposit Rate 1992

Name: Nigeria Deposit Rate 1992
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Deposit interest rate · World Bank

18.04% +3.13pp from 1991 Global rank: 63rd

Nigeria's deposit rate was 18.04% in 1992, increased +3.13pp from 14.92% in 1991. This was the 63rd highest globally.

Global Ranking - 1992▾

Deposit Rate by Country - 1992
Rank	Country	Value	YoY
1st	Singapore	2.87%	-38.0%
2nd	Japan	3.35%	-44.0%
3rd	Macao SAR, China	3.50%	-40.4%
4th	Bahrain	3.63%	-51.7%
5th	Grenada	3.67%	-1.9%
6th	Canada	3.92%	-31.9%
7th	St. Vincent and the Grenadines	3.94%	-2.9%
8th	Dominica	3.96%	-5.1%
9th	St. Lucia	4.31%	4.1%
10th	St. Kitts and Nevis	4.35%	-3.9%
11th	France	4.50%	0.0%
12th	Suriname	4.50%	-2.2%
13th	Qatar	4.75%	-20.8%
14th	Papua New Guinea	5.18%	-13.3%
15th	Libya	5.50%	0.0%
16th	Panama	5.67%	-26.6%
17th	Antigua and Barbuda	5.75%	-4.0%
18th	Aruba	5.89%	-10.1%
19th	Bahamas, The	6.13%	-11.3%
20th	Oman	6.35%	-14.9%
21st	New Zealand	6.58%	-26.2%
22nd	Barbados	6.68%	2.3%
23rd	Trinidad and Tobago	6.99%	20.6%
24th	Australia	7.12%	-35.5%
25th	United Kingdom	7.46%	-27.4%
26th	Central African Republic	7.50%	0.0%
27th	Cameroon	7.50%	0.0%
28th	Congo, Republic of	7.50%	0.0%
29th	Gabon	7.50%	0.0%
30th	Equatorial Guinea	7.50%	0.0%
31st	Chad	7.50%	0.0%
32nd	Mauritania	7.52%	50.3%
33rd	Liberia	7.55%	30.5%
34th	China	7.56%	0.0%
35th	Kuwait	7.59%	3.8%
36th	Fiji	7.76%	-
37th	Sweden	7.80%	-
38th	Malaysia	7.94%	11.6%
39th	Bhutan	8.00%	23.1%
40th	Belize	8.15%	-3.2%
41st	Thailand	8.88%	-35.1%
42nd	Myanmar	9.00%	0.0%
43rd	Seychelles	9.56%	0.6%
44th	Mauritius	10.07%	-18.3%
45th	Eswatini	10.49%	-1.0%
46th	Lesotho	10.61%	-18.4%
47th	Namibia	11.36%	-11.1%
48th	Bangladesh	11.87%	-13.1%
49th	Egypt, Arab Republic of	12.00%	0.0%
50th	Honduras	12.34%	7.8%
51st	Botswana	12.50%	9.6%
52nd	Gambia, The	13.83%	8.9%
53rd	Philippines	14.27%	-24.1%
54th	Nicaragua	14.61%	3.3%
55th	Lao PDR	15.00%	-36.2%
56th	Costa Rica	15.80%	-42.1%
57th	Paraguay	15.82%	-10.6%
58th	Mexico	15.88%	-11.6%
59th	Ghana	16.32%	-23.4%
60th	Dominican Republic	16.70%	-16.6%
61st	Tanzania	17.00%	0.0%
62nd	Lebanon	17.09%	1.9%
63rd	Nigeria	18.04%	20.9%
64th	Chile	18.29%	-18.1%
65th	Albania	18.50%	-
66th	Indonesia	19.60%	-15.9%
67th	Madagascar	20.50%	0.0%
68th	Guyana	22.51%	-23.8%
69th	Guinea	23.00%	4.5%
70th	Bolivia, Plurinational State of	23.22%	-2.3%
71st	Hungary	23.45%	-19.7%
72nd	Colombia	26.67%	-28.4%
73rd	Zimbabwe	28.63%	101.7%
74th	Jamaica	33.78%	36.3%
75th	Uganda	35.83%	15.0%
76th	Zambia	48.50%	54.0%
77th	Sierra Leone	54.67%	14.4%
78th	Peru	59.65%	-65.0%
79th	Ukraine	68.00%	-
80th	Türkiye	68.74%	9.7%
81st	Uruguay	87.62%	-27.6%
82nd	Croatia	434.47%	-
83rd	Mongolia	500.00%	-
84th	Brazil	1,560.18%	70.8%

FAQ

What was Nigeria's deposit rate in 1992?▾

Nigeria's deposit rate in 1992 was 18.04%. This ranked 63rd globally.

How did Nigeria's deposit rate change in 1992?▾

Nigeria's deposit rate increased by 20.9% in 1992 compared to 1991.

Which country had the highest deposit rate in 1992?▾

Brazil had the highest deposit rate in 1992 at 1,560.18%.

What is the deposit rate of Nigeria in 1992?▾

The deposit rate of Nigeria in 1992 was 18.04%. This ranked 63rd globally.

How does 1992 compare to 1991 for Nigeria's deposit rate?▾

Nigeria's deposit rate went from 14.92% in 1991 to 18.04% in 1992, a 20.9% increase.

HistorySaid - pattern alert

Nigeria matched the Currency Crisis Pattern pattern in 1992. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 57.0%. View full analysis →

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