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Nigeria - Real Interest Rate 1974

Name: Nigeria Real Interest Rate 1974
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Real interest rate · World Bank

-25.67% −27.24pp from 1973 Global rank: 1st

Nigeria's real interest rate was -25.67% in 1974, decreased +27.24pp from 1.57% in 1973. This was the 1st highest globally.

Global Ranking - 1974▾

Real Interest Rate by Country - 1974
Rank	Country	Value	YoY
1st	Nigeria	-25.67%	-1,735.6%
2nd	Libya	-24.37%	-92.4%
3rd	Australia	-6.01%	-300.7%
4th	Kenya	-5.64%	-416.6%
5th	Sierra Leone	-5.40%	56.3%
6th	United Kingdom	-4.48%	-1,360.4%
7th	Canada	-4.17%	-100.8%
8th	South Africa	-4.05%	48.0%
9th	Malaysia	-1.31%	80.7%
10th	United States	1.65%	-31.5%

FAQ

What was Nigeria's real interest rate in 1974?▾

Nigeria's real interest rate in 1974 was -25.67%. This ranked 1st globally.

How did Nigeria's real interest rate change in 1974?▾

Nigeria's real interest rate decreased by 1,735.6% in 1974 compared to 1973.

Which country had the highest real interest rate in 1974?▾

United States had the highest real interest rate in 1974 at 1.65%.

What is the real interest rate of Nigeria in 1974?▾

The real interest rate of Nigeria in 1974 was -25.67%. This ranked 1st globally.

How does 1974 compare to 1973 for Nigeria's real interest rate?▾

Nigeria's real interest rate went from 1.57% in 1973 to -25.67% in 1974, a 1,735.6% decrease.

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