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Lending rate in Nigeria

Latest: 18.5%
Previous: 16.3%
Change: +2.16 (+13.3%)
Reference period: Dec 31, 2025
Frequency: Annual
Unit: Percent

Lending rate over time

Annual, Percent, Not seasonally adjusted

Source: World Bank

Observations for Lending rate in Nigeria
Date	Value
Dec 31, 1966	—
Dec 31, 1967	—
Dec 31, 1968	—
Dec 31, 1969	—
Dec 31, 1970	7.0%
Dec 31, 1971	7.0%
Dec 31, 1972	7.0%
Dec 31, 1973	7.0%
Dec 31, 1974	7.0%
Dec 31, 1975	6.3%
Dec 31, 1976	6.5%
Dec 31, 1977	6.0%
Dec 31, 1978	6.8%
Dec 31, 1979	8.2%
Dec 31, 1980	8.4%
Dec 31, 1981	8.9%
Dec 31, 1982	9.5%
Dec 31, 1983	10.0%
Dec 31, 1984	10.2%
Dec 31, 1985	9.4%
Dec 31, 1986	10.0%
Dec 31, 1987	14.0%
Dec 31, 1988	16.6%
Dec 31, 1989	20.4%
Dec 31, 1990	25.3%
Dec 31, 1991	20.0%
Dec 31, 1992	24.8%
Dec 31, 1993	31.7%
Dec 31, 1994	20.5%
Dec 31, 1995	20.2%
Dec 31, 1996	19.8%
Dec 31, 1997	17.8%
Dec 31, 1998	18.2%
Dec 31, 1999	20.3%
Dec 31, 2000	21.3%
Dec 31, 2001	23.4%
Dec 31, 2002	24.8%
Dec 31, 2003	20.7%
Dec 31, 2004	19.2%
Dec 31, 2005	17.9%
Dec 31, 2006	16.9%
Dec 31, 2007	16.9%
Dec 31, 2008	15.1%
Dec 31, 2009	19.0%
Dec 31, 2010	17.6%
Dec 31, 2011	16.0%
Dec 31, 2012	16.8%
Dec 31, 2013	16.7%
Dec 31, 2014	16.5%
Dec 31, 2015	16.8%
Dec 31, 2016	16.9%
Dec 31, 2017	17.6%
Dec 31, 2018	16.9%
Dec 31, 2019	15.4%
Dec 31, 2020	13.6%
Dec 31, 2021	11.5%
Dec 31, 2022	12.3%
Dec 31, 2023	14.0%
Dec 31, 2024	16.3%
Dec 31, 2025	18.5%

About this indicator

Source: World Bank (opens in a new tab)

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