World Bank · Financial Sector
Nigeria: Deposit interest rate
11.27percent · 2025+23.2% since 2015
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100. Annual figures for Nigeria from 1970 to 2025.
Every year
| Year | Value (percent) | Note |
|---|---|---|
| 2025 | 11.271 | |
| 2024 | 11.624 | |
| 2023 | 7.839 | |
| 2022 | 5.963 | |
| 2021 | 4.207 | |
| 2020 | 4.647 | |
| 2019 | 8.901 | |
| 2018 | 9.701 | |
| 2017 | 9.554 | |
| 2016 | 7.495 | |
| 2015 | 9.148 | |
| 2014 | 9.338 | |
| 2013 | 7.945 | |
| 2012 | 8.405 | |
| 2011 | 5.693 | |
| 2010 | 6.521 | |
| 2009 | 12.958 | |
| 2008 | 11.868 | |
| 2007 | 10.288 | |
| 2006 | 9.752 | |
| 2005 | 10.533 | |
| 2004 | 13.698 | |
| 2003 | 14.218 | |
| 2002 | 16.67 | |
| 2001 | 15.256 | |
| 2000 | 11.691 | |
| 1999 | 12.811 | |
| 1998 | 10.108 | |
| 1997 | 7.169 | |
| 1996 | 13.059 | |
| 1995 | 13.531 | |
| 1994 | 13.092 | |
| 1993 | 23.242 | |
| 1992 | 18.042 | |
| 1991 | 14.917 | |
| 1990 | 19.783 | |
| 1989 | 14.675 | |
| 1988 | 12.95 | |
| 1987 | 13.088 | |
| 1986 | 9.235 | |
| 1985 | 9.117 | |
| 1984 | 8.254 | |
| 1983 | 7.412 | |
| 1982 | 7.6 | |
| 1981 | 5.716 | |
| 1980 | 5.267 | |
| 1979 | 4.46 | |
| 1978 | 4.146 | |
| 1977 | 2.833 | |
| 1976 | 2.667 | |
| 1975 | 3 | |
| 1974 | 3 | |
| 1973 | 3 | |
| 1972 | 3.042 | |
| 1971 | 3 | |
| 1970 | 3 |
Source
Published by World Bank, produced by International Monetary Fund. Licence: CC BY 4.0. Retrieved 2026-11-07.
The dataset for every country, with quality and provenance →
Cite or download
World Bank (2026). Deposit interest rate. Interva. https://interva.co/dataset/worldbank-deposit-interest-rate (accessed 2026-11-07). catalog snapshot 2026-11-07.
Deposit interest rate in other countries
- Albania
- Algeria
- Angola
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belize
- Benin
- Bhutan
- Bolivia, Plurinational State of
- Bosnia and Herzegovina
- Botswana
- Brazil
- Brunei Darussalam
- Bulgaria
- Burkina Faso
- Cabo Verde
- Cambodia
- Cameroon
- Canada
- Central African Republic
- Chad
- Chile
- China
- Colombia
- Comoros
- Congo
- Congo, The Democratic Republic of the
- Costa Rica
- Côte d'Ivoire
- Croatia
- Czechia
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- Equatorial Guinea
- Eswatini
- Ethiopia
- Fiji
- France
- Gabon
- Gambia
- Georgia
- Ghana
- Grenada
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Indonesia
- Iran, Islamic Republic of
- Iraq
- Israel
- Jamaica
- Japan
- Jordan
- Kenya
- Korea, Republic of
- Kosovo
- Kuwait
- Kyrgyzstan
- Lao People's Democratic Republic
- Lebanon
- Lesotho
- Liberia
- Libya
- Macao
- Madagascar
- Malaysia
- Maldives
- Mali
- Mauritania
- Mauritius
- Mexico
- Micronesia, Federated States of
- Moldova, Republic of
- Mongolia
- Montenegro
- Morocco
- Mozambique
- Myanmar
- Namibia
- Netherlands
- New Zealand
- Nicaragua
- Niger
- North Macedonia
- Norway
- Oman
- Pakistan
- Palestine, State of
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Qatar
- Romania
- Russian Federation
- Rwanda
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Samoa
- San Marino
- Sao Tome and Principe
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Solomon Islands
- Somalia
- South Africa
- South Sudan
- Sri Lanka
- Suriname
- Sweden
- Switzerland
- Tajikistan
- Tanzania, United Republic of
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad and Tobago
- Türkiye
- Uganda
- Ukraine
- United Kingdom
- Uruguay
- Uzbekistan
- Vanuatu
- Venezuela, Bolivarian Republic of
- Viet Nam
- Yemen
- Zambia
- Zimbabwe
Rank Nigeria against its region, see where publishers disagree, or ask a question in plain words on the Interva desk.