Banking - Nigeria
  | |
|---|---|
| Central bank discount rate (%) | 4.25 |
| Commercial bank prime lending rate (%) | 15.5 |
Value & RankThe Central bank discount rate of Nigeria is 4.25 (%) with a global rank of 86.
Nigeria compared to other CountriesThe Central bank discount rate of Nigeria is similar to that of Mexico, Bolivia, Lao PDR, Trinidad and Tobago, Poland, Niger, Guinea-Bissau, Congo, Chad, Central African Republic with a respective Central bank discount rate of 4.50, 4.50, 4.30, 4.25, 4.25, 4.25, 4.25, 4.25, 4.25, 4.25 (%) and a global rank of 81, 82, 83, 84, 85, 87, 88, 89, 90, 91.Nigeria since the end of the Great RecessionNigeria's Central bank discount rate had a negative growth (decline) of 29.2% since the end of the Great Recession
Nigeria compared to other CountriesThe Central bank discount rate of Nigeria is similar to that of Mexico, Bolivia, Lao PDR, Trinidad and Tobago, Poland, Niger, Guinea-Bissau, Congo, Chad, Central African Republic with a respective Central bank discount rate of 4.50, 4.50, 4.30, 4.25, 4.25, 4.25, 4.25, 4.25, 4.25, 4.25 (%) and a global rank of 81, 82, 83, 84, 85, 87, 88, 89, 90, 91.Nigeria since the end of the Great RecessionNigeria's Central bank discount rate had a negative growth (decline) of 29.2% since the end of the Great Recession
Value & RankThe Commercial bank prime lending rate of Nigeria is 15.5 (%) with a global rank of 34.
Nigeria compared to other CountriesThe Commercial bank prime lending rate of Nigeria is similar to that of Armenia, Argentina, Rwanda, Ukraine, Mozambique, Chad, Guinea-Bissau, Gabon, Equatorial Guinea, Central African Republic with a respective Commercial bank prime lending rate of 16.5, 16.4, 16.3, 16.0, 15.6, 15.5, 15.0, 15.0, 15.0, 15.0 (%) and a global rank of 29, 30, 31, 32, 33, 35, 36, 37, 38, 39.Last 5 years averageNigeria had an average Commercial bank prime lending rate of 16.6 (%) in the last 5 years from (2008 to 2013).
Nigeria since the end of the Great RecessionNigeria's Commercial bank prime lending rate had a negative growth (decline) of 15.6% since the end of the Great Recession
Nigeria compared to other CountriesThe Commercial bank prime lending rate of Nigeria is similar to that of Armenia, Argentina, Rwanda, Ukraine, Mozambique, Chad, Guinea-Bissau, Gabon, Equatorial Guinea, Central African Republic with a respective Commercial bank prime lending rate of 16.5, 16.4, 16.3, 16.0, 15.6, 15.5, 15.0, 15.0, 15.0, 15.0 (%) and a global rank of 29, 30, 31, 32, 33, 35, 36, 37, 38, 39.Last 5 years averageNigeria had an average Commercial bank prime lending rate of 16.6 (%) in the last 5 years from (2008 to 2013).
Nigeria since the end of the Great RecessionNigeria's Commercial bank prime lending rate had a negative growth (decline) of 15.6% since the end of the Great Recession
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Datasource: CIA - The World Factbook