Nigeria

Real Interest Rate

5.37
bank lending rate minus inflation
Dec 71Dec 74Dec 77Dec 80Dec 83Dec 86Dec 89Dec 92Dec 95Dec 98Dec 01Dec 04Dec 07Dec 10Dec 13Dec 16Dec 20-75.000-50.000-25.0000.00025.00
  • Nigeria
  • Global Median
Source: IMF

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Definition of Real Interest Rate

Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.

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