Economy · West Africa
Nigeria Lending Interest Rate
18.5%as of 2025+13.3% vs 2024
Bank rate that usually meets the short- and medium-term financing needs of the private sector. Source: World Bank — World Development Indicators. Retrieved October 15, 2026.
Trend
History
| Period | Lending Interest Rate |
|---|---|
| 2025 | 18.5% |
| 2024 | 16.3% |
| 2023 | 14% |
| 2022 | 12.3% |
| 2021 | 11.5% |
| 2020 | 13.6% |
| 2019 | 15.4% |
| 2018 | 16.9% |
| 2017 | 17.6% |
| 2016 | 16.9% |
| 2015 | 16.8% |
| 2014 | 16.5% |
Get this via API
Request the available observations for this indicator as JSON. The response includes source metadata and reporting periods.
curl "https://api.africa-api.com/v1/data?country_code=NG&metric_key=lending_interest_rate_pct" \
-H "Authorization: Bearer $AFRICA_API_KEY"Lending Interest Rate across Africa
View country ranking ->| Country | Lending Interest Rate |
|---|---|
| Kenya | 16.6% |
| South Africa | 10.7% |
| Egypt | 24.3% |
| Ethiopia | 8% |
| Tanzania | 16.7% |
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