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Nigeria - Deposit Rate 1995

Deposit interest rate · World Bank
13.53% +0.44pp from 1994 Global rank: 63rd

Nigeria's deposit rate was 13.53% in 1995, increased +0.44pp from 13.09% in 1994. This was the 63rd highest globally.

Global Ranking - 1995▾
Deposit Rate by Country - 1995
RankCountryValueYoY
1st Japan 0.90% -46.9%
2nd Singapore 3.50% 16.7%
3rd Grenada 3.67% 1.6%
4th Antigua and Barbuda 4.02% -4.0%
5th United Kingdom 4.11% 12.4%
6th Maldives 4.13% -
7th Bahamas, The 4.20% -2.4%
8th Dominica 4.20% -6.5%
9th St. Vincent and the Grenadines 4.34% 11.7%
10th Aruba 4.37% 9.4%
11th Netherlands 4.40% -6.5%
12th St. Lucia 4.43% 15.5%
13th France 4.50% 0.0%
14th St. Kitts and Nevis 4.52% 13.3%
15th Barbados 5.11% 18.3%
16th Canada 5.28% 32.7%
17th Micronesia, Federated States of 5.33% -
18th Central African Republic 5.50% -32.0%
19th Cameroon 5.50% -32.0%
20th Congo, Republic of 5.50% -32.0%
21st Gabon 5.50% -32.0%
22nd Equatorial Guinea 5.50% -32.0%
23rd Chad 5.50% -32.0%
24th Croatia 5.52% -15.3%
25th Hong Kong SAR, China 5.63% 59.0%
26th Bahrain 5.70% 42.5%
27th Sweden 5.73% 20.5%
28th Malaysia 5.93% 21.3%
29th Macao SAR, China 5.93% 41.0%
30th Oman 6.00% 57.9%
31st Qatar 6.19% 27.8%
32nd Liberia 6.37% 0.4%
33rd Trinidad and Tobago 6.42% -7.1%
34th Kuwait 6.53% 14.6%
35th Fiji 6.77% -5.2%
36th Bangladesh 6.85% -5.6%
37th Czechia 6.96% -1.5%
38th Sierra Leone 7.03% -39.6%
39th Australia 7.15% 24.3%
40th Panama 7.18% 17.4%
41st Papua New Guinea 7.30% 117.6%
42nd Uganda 7.61% -23.9%
43rd Jordan 7.68% 8.3%
44th Bhutan 8.00% 0.0%
45th Philippines 8.39% -20.4%
46th New Zealand 8.49% 33.2%
47th Cambodia 8.71% 3.8%
48th Mauritania 9.00% 0.0%
49th Seychelles 9.22% 4.3%
50th Belize 9.37% 9.6%
51st Eswatini 9.44% 25.3%
52nd Myanmar 9.75% 8.3%
53rd Botswana 9.79% -7.6%
54th Namibia 10.84% 18.1%
55th Egypt, Arab Republic of 10.92% -7.7%
56th China 10.98% 0.0%
57th Thailand 11.58% 36.9%
58th Honduras 11.97% 3.5%
59th Mauritius 12.23% 10.7%
60th Gambia, The 12.50% -0.7%
61st Guyana 12.90% 13.0%
62nd Lesotho 13.34% 58.4%
63rd Nigeria 13.53% 3.4%
64th Nicaragua 13.56% -4.7%
65th Kenya 13.60% -13.5%
66th Chile 13.73% -9.2%
67th Lao PDR 14.00% 16.7%
68th Dominican Republic 14.94% 9.1%
69th Albania 15.30% -22.9%
70th Peru 15.70% -29.7%
71st Lebanon 16.30% 10.1%
72nd Algeria 16.58% -
73rd Paraguay 16.62% -8.5%
74th Indonesia 16.72% 33.4%
75th Georgia 17.16% -
76th Guinea 17.50% -2.8%
77th Madagascar 17.63% -9.6%
78th Bolivia, Plurinational State of 18.87% 2.4%
79th Suriname 21.00% 181.9%
80th Jamaica 23.31% -36.3%
81st Costa Rica 23.88% 34.7%
82nd Tanzania 24.63% 12.5%
83rd Hungary 24.77% 26.9%
84th Zimbabwe 25.92% -3.1%
85th Moldova 26.50% -
86th Ghana 28.73% 24.1%
87th Zambia 30.24% -34.5%
88th Colombia 32.34% 9.9%
89th Mozambique 38.84% 16.3%
90th Mexico 39.82% 165.0%
91st Romania 44.73% -21.5%
92nd Brazil 52.25% -99.0%
93rd Armenia 56.18% -
94th Uruguay 61.52% 3.4%
95th Ukraine 70.29% -66.3%
96th Mongolia 74.62% -35.5%
97th Türkiye 75.97% -13.5%
98th Belarus 100.82% 12.5%
99th Angola 125.92% -

FAQ

What was Nigeria's deposit rate in 1995?▾

Nigeria's deposit rate in 1995 was 13.53%. This ranked 63rd globally.

How did Nigeria's deposit rate change in 1995?▾

Nigeria's deposit rate increased by 3.4% in 1995 compared to 1994.

Which country had the highest deposit rate in 1995?▾

Angola had the highest deposit rate in 1995 at 125.92%.

What is the deposit rate of Nigeria in 1995?▾

The deposit rate of Nigeria in 1995 was 13.53%. This ranked 63rd globally.

How does 1995 compare to 1994 for Nigeria's deposit rate?▾

Nigeria's deposit rate went from 13.09% in 1994 to 13.53% in 1995, a 3.4% increase.

HistorySaid - pattern alert

Nigeria matched the Orthodox Tightening Cycle pattern in 1995. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 8.5%. View full analysis →

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