Nigeria Real Interest Rate Trends 2023: 2.87 %
Nigeria's real interest rate trends in 2023 is 2.87 %, down 27.8% from 2022. It ranks #53 of 91 countries.
Explore real interest rate trends, indicating the inflation-adjusted cost of borrowing, across different countries.
Source (2023): Real interest rate (%) - Germany
Real Interest Rate Trends over time
| Year | Value | Change | % Change | Actions |
|---|---|---|---|---|
| 2023 | 2.87 % | 1.1 % | -27.79% | |
| 2022 | 3.97 % | +4.99 % | -487.43% | |
| 2021 | -1.02 % | 3.17 % | -147.69% | |
| 2020 | 2.15 % | +27.92 % | -108.33% | |
| 2019 | -25.78 % | 31.83 % | -525.64% | |
| 2018 | 6.06 % | +0.27 % | +4.58% | |
| 2017 | 5.79 % | 0.9 % | -13.40% | |
| 2016 | 6.69 % | 6.91 % | -50.82% | |
| 2015 | 13.6 % | +2.24 % | +19.72% | |
| 2014 | 11.36 % | +0.15 % | +1.38% | |
| 2013 | 11.2 % | +4.98 % | +79.95% | |
| 2012 | 6.22 % | +0.54 % | +9.48% | |
| 2011 | 5.69 % | +4.62 % | +432.49% | |
| 2010 | 1.07 % | 17.11 % | -94.13% | |
| 2009 | 18.18 % | +11.5 % | +171.96% | |
| 2008 | 6.68 % | 2.5 % | -27.24% | |
| 2007 | 9.19 % | +14.82 % | -263.24% | |
| 2006 | -5.63 % | 4.03 % | +253.14% | |
| 2005 | -1.59 % | +1.01 % | -38.82% | |
| 2004 | -2.6 % | 12.54 % | -126.22% | |
| 2003 | 9.94 % | +6.91 % | +228.61% | |
| 2002 | 3.02 % | 9.12 % | -75.09% | |
| 2001 | 12.14 % | — | — |
Frequently Asked Questions About Nigeria Real Interest Rate Trends
What is Nigeria's real interest rate trends in 2023?▾
Nigeria's real interest rate trends is 2.87 % in 2023, according to Real interest rate (%) - Germany.
Is Nigeria's real interest rate trends increasing or decreasing?▾
Nigeria's real interest rate trends fell by 27.8% from 2022 (3.97 %) to 2023 (2.87 %). Over the past decade (2013–2023) it fell by 74.4%.
How does Nigeria rank for real interest rate trends?▾
In 2023, Nigeria has the 53rd highest real interest rate trends out of 91 countries with data.
What was Nigeria's real interest rate trends in 2001?▾
In 2001, Nigeria's real interest rate trends was 12.14 %. By 2023 it fell by 76.4%.
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