Nigeria - Lending Rate 1974
7.00%
+0.00pp from 1973
Nigeria's lending rate was 7.00% in 1974, increased +0.00pp from 7.00% in 1973. This was the 2nd highest globally.
Global Ranking - 1974▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Libya | 7.00% | 0.0% |
| 2nd | Nigeria | 7.00% | 0.0% |
| 3rd | Sierra Leone | 8.00% | 0.0% |
| 4th | United Kingdom | 9.00% | 12.5% |
| 5th | Australia | 9.38% | 27.7% |
| 6th | Kenya | 9.50% | 5.6% |
| 7th | South Africa | 10.17% | 27.1% |
| 8th | Canada | 10.75% | 40.6% |
| 9th | United States | 10.80% | 34.6% |
| 10th | Malaysia | 11.23% | 13.9% |
FAQ
What was Nigeria's lending rate in 1974?▾
Nigeria's lending rate in 1974 was 7.00%. This ranked 2nd globally.
How did Nigeria's lending rate change in 1974?▾
Nigeria's lending rate increased by 0.0% in 1974 compared to 1973.
Which country had the highest lending rate in 1974?▾
Malaysia had the highest lending rate in 1974 at 11.23%.
What is the lending rate of Nigeria in 1974?▾
The lending rate of Nigeria in 1974 was 7.00%. This ranked 2nd globally.
How does 1974 compare to 1973 for Nigeria's lending rate?▾
Nigeria's lending rate went from 7.00% in 1973 to 7.00% in 1974, a 0.0% increase.
Related
1973
1975
All years
Full ranking 1974
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Credit to GDP
Non-Performing Loans
Peak: 1993
Lowest: 1977
Lending Rate 1990s
Lending Rate 2000s
Lending Rate 2010s
Lending Rate 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation Lending Rate
OPEC Lending Rate
African Union Lending Rate
Global Ranking