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Nigeria - Interest Rate Spread 1977

Name: Nigeria Interest Rate Spread 1977
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Interest rate spread (lending rate minus deposit rate) · World Bank

3.17% −0.67pp from 1976 Global rank: 7th

Nigeria's interest rate spread was 3.17% in 1977, decreased +0.67pp from 3.83% in 1976. This was the 7th highest globally.

Global Ranking - 1977▾

Interest Rate Spread by Country - 1977
Rank	Country	Value	YoY
1st	Canada	1.54%	10.4%
2nd	Bangladesh	2.27%	-11.1%
3rd	Eswatini	2.75%	0.0%
4th	Thailand	2.90%	-
5th	Libya	3.00%	0.0%
6th	Somalia, Fed. Rep.	3.00%	0.0%
7th	Nigeria	3.17%	-17.4%
8th	Philippines	3.50%	0.0%
9th	Sierra Leone	4.00%	-
10th	United Kingdom	4.02%	12.8%
11th	Egypt, Arab Republic of	4.17%	-16.7%
12th	Malaysia	4.26%	-5.9%
13th	Uruguay	4.86%	-56.4%
14th	Kenya	4.87%	0.0%

FAQ

What was Nigeria's interest rate spread in 1977?▾

Nigeria's interest rate spread in 1977 was 3.17%. This ranked 7th globally.

How did Nigeria's interest rate spread change in 1977?▾

Nigeria's interest rate spread decreased by 17.4% in 1977 compared to 1976.

Which country had the highest interest rate spread in 1977?▾

Kenya had the highest interest rate spread in 1977 at 4.87%.

What is the interest rate spread of Nigeria in 1977?▾

The interest rate spread of Nigeria in 1977 was 3.17%. This ranked 7th globally.

How does 1977 compare to 1976 for Nigeria's interest rate spread?▾

Nigeria's interest rate spread went from 3.83% in 1976 to 3.17% in 1977, a 17.4% decrease.

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