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Nigeria - Real Interest Rate 1979

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

Real interest rate · World Bank

-2.99% +3.29pp from 1978 Global rank: 12th

Nigeria's real interest rate was -2.99% in 1979, increased +3.29pp from -6.29% in 1978. This was the 12th highest globally.

Global Ranking - 1979▾

Real Interest Rate by Country - 1979
Rank	Country	Value	YoY
1st	Kuwait	-24.83%	-
2nd	Libya	-15.49%	-229.1%
3rd	Qatar	-15.23%	-
4th	Trinidad and Tobago	-12.60%	-
5th	Burundi	-11.20%	-2,382.6%
6th	Zambia	-10.51%	-167.1%
7th	Egypt, Arab Republic of	-9.31%	-1,747.8%
8th	Uruguay	-8.74%	-151.1%
9th	Somalia, Fed. Rep.	-7.07%	-49.5%
10th	South Africa	-3.48%	-339.5%
11th	Eswatini	-3.38%	-4,523.5%
12th	Nigeria	-2.99%	52.4%
13th	Malaysia	-2.35%	-415.1%
14th	Bangladesh	-2.09%	82.9%
15th	Jamaica	-1.66%	83.7%
16th	United Kingdom	-1.29%	55.2%
17th	India	-1.06%	-109.8%
18th	Philippines	-0.82%	-133.9%
19th	Sierra Leone	-0.48%	95.4%
20th	Australia	0.45%	-57.0%
21st	Bahamas, The	0.53%	-92.6%
22nd	Canada	2.57%	-4.1%
23rd	Singapore	3.11%	3.3%
24th	Thailand	3.97%	239.7%
25th	United States	4.03%	113.5%
26th	Kenya	4.13%	-38.5%

FAQ

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

Nigeria's real interest rate in 1979 was -2.99%. This ranked 12th globally.

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

Nigeria's real interest rate increased by 52.4% in 1979 compared to 1978.

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

Kenya had the highest real interest rate in 1979 at 4.13%.

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

The real interest rate of Nigeria in 1979 was -2.99%. This ranked 12th globally.

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

Nigeria's real interest rate went from -6.29% in 1978 to -2.99% in 1979, a 52.4% increase.

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