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Nigeria - Interest Rate Spread 1979

Name: Nigeria Interest Rate Spread 1979
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

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

3.69% +1.09pp from 1978 Global rank: 9th

Nigeria's interest rate spread was 3.69% in 1979, increased +1.09pp from 2.60% in 1978. This was the 9th highest globally.

Global Ranking - 1979▾

Interest Rate Spread by Country - 1979
Rank	Country	Value	YoY
1st	Uruguay	-4.04%	13.6%
2nd	Canada	1.58%	5.6%
3rd	United Kingdom	1.99%	-34.0%
4th	Bangladesh	2.27%	0.0%
5th	Singapore	2.30%	-4.9%
6th	Zambia	2.33%	16.7%
7th	Libya	3.00%	0.0%
8th	Somalia, Fed. Rep.	3.46%	15.3%
9th	Nigeria	3.69%	41.7%
10th	Sierra Leone	3.75%	-6.3%
11th	Malaysia	3.93%	-8.6%
12th	Qatar	4.00%	-
13th	Eswatini	4.13%	46.7%
14th	Thailand	4.71%	58.0%
15th	Kenya	4.87%	0.0%
16th	Egypt, Arab Republic of	5.00%	16.5%
17th	Philippines	5.33%	52.4%
18th	Jamaica	5.49%	-21.0%

FAQ

What was Nigeria's interest rate spread in 1979?▾

Nigeria's interest rate spread in 1979 was 3.69%. This ranked 9th globally.

How did Nigeria's interest rate spread change in 1979?▾

Nigeria's interest rate spread increased by 41.7% in 1979 compared to 1978.

Which country had the highest interest rate spread in 1979?▾

Jamaica had the highest interest rate spread in 1979 at 5.49%.

What is the interest rate spread of Nigeria in 1979?▾

The interest rate spread of Nigeria in 1979 was 3.69%. This ranked 9th globally.

How does 1979 compare to 1978 for Nigeria's interest rate spread?▾

Nigeria's interest rate spread went from 2.60% in 1978 to 3.69% in 1979, a 41.7% increase.

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