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Nigeria - Interest Rate Spread 1978

Name: Nigeria Interest Rate Spread 1978
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

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

2.60% −0.56pp from 1977 Global rank: 6th

Nigeria's interest rate spread was 2.60% in 1978, decreased +0.56pp from 3.17% in 1977. This was the 6th highest globally.

Global Ranking - 1978▾

Interest Rate Spread by Country - 1978
Rank	Country	Value	YoY
1st	Uruguay	-4.67%	-196.1%
2nd	Canada	1.50%	-2.7%
3rd	Zambia	2.00%	-
4th	Bangladesh	2.27%	0.0%
5th	Singapore	2.42%	-
6th	Nigeria	2.60%	-17.8%
7th	Eswatini	2.81%	2.3%
8th	Thailand	2.98%	2.9%
9th	Libya	3.00%	0.0%
10th	Somalia, Fed. Rep.	3.00%	0.0%
11th	United Kingdom	3.01%	-25.1%
12th	Philippines	3.50%	0.0%
13th	Sierra Leone	4.00%	0.0%
14th	Egypt, Arab Republic of	4.29%	3.0%
15th	Malaysia	4.30%	0.9%
16th	Kenya	4.87%	0.0%
17th	Jamaica	6.95%	-

FAQ

What was Nigeria's interest rate spread in 1978?▾

Nigeria's interest rate spread in 1978 was 2.60%. This ranked 6th globally.

How did Nigeria's interest rate spread change in 1978?▾

Nigeria's interest rate spread decreased by 17.8% in 1978 compared to 1977.

Which country had the highest interest rate spread in 1978?▾

Jamaica had the highest interest rate spread in 1978 at 6.95%.

What is the interest rate spread of Nigeria in 1978?▾

The interest rate spread of Nigeria in 1978 was 2.60%. This ranked 6th globally.

How does 1978 compare to 1977 for Nigeria's interest rate spread?▾

Nigeria's interest rate spread went from 3.17% in 1977 to 2.60% in 1978, a 17.8% decrease.

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