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Nigeria - Real Interest Rate 1976

Name: Nigeria Real Interest Rate 1976
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Real interest rate · World Bank

-6.87% +7.10pp from 1975 Global rank: 3rd

Nigeria's real interest rate was -6.87% in 1976, increased +7.10pp from -13.97% in 1975. This was the 3rd highest globally.

Global Ranking - 1976▾

Real Interest Rate by Country - 1976
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	-8.76%	-21.8%
2nd	Kenya	-7.49%	-356.5%
3rd	Nigeria	-6.87%	50.8%
4th	Australia	-3.60%	32.6%
5th	United Kingdom	-3.58%	68.7%
6th	Egypt, Arab Republic of	-3.17%	-
7th	Eswatini	-2.70%	-143.1%
8th	Malaysia	-2.39%	-117.4%
9th	Sierra Leone	0.66%	295.1%
10th	Canada	1.16%	181.2%
11th	United States	1.27%	198.8%
12th	Libya	1.28%	-91.0%
13th	South Africa	1.78%	132.6%
14th	Jamaica	2.36%	-
15th	Philippines	3.34%	-
16th	Thailand	6.26%	-
17th	Bahamas, The	6.94%	-
18th	Uruguay	8.45%	-
19th	Bangladesh	33.80%	-

FAQ

What was Nigeria's real interest rate in 1976?▾

Nigeria's real interest rate in 1976 was -6.87%. This ranked 3rd globally.

How did Nigeria's real interest rate change in 1976?▾

Nigeria's real interest rate increased by 50.8% in 1976 compared to 1975.

Which country had the highest real interest rate in 1976?▾

Bangladesh had the highest real interest rate in 1976 at 33.80%.

What is the real interest rate of Nigeria in 1976?▾

The real interest rate of Nigeria in 1976 was -6.87%. This ranked 3rd globally.

How does 1976 compare to 1975 for Nigeria's real interest rate?▾

Nigeria's real interest rate went from -13.97% in 1975 to -6.87% in 1976, a 50.8% increase.

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