Nigeria Bank Lending Rate
Nigeria Bank Lending Rate was reported at 11.350 % pa in Dec 2020. This records a decrease from the previous number of 11.600 % pa for Nov 2020. Nigeria Bank Lending Rate data is updated monthly, averaging 16.695 % pa from Jan 2006 to Dec 2020, with 180 observations. The data reached an all-time high of 19.660 % pa in Nov 2009 and a record low of 11.310 % pa in Oct 2020. Nigeria Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data. The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly: Middle East and Africa. The Central Bank of Nigeria provides monthly weighted average Bank Lending Rate.
View Nigeria's Bank Lending Rate from Jan 2006 to Dec 2020 in the chart:
What was Nigeria's Bank Lending Rate in Dec 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 11.350 Dec 2020 | 11.600 Nov 2020 | 11.310 Oct 2020 | 19.660 Nov 2009 | % pa | monthly | Jan 2006 - Dec 2020 |
Bank Lending Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% pa) | 5.370 Nov 2020 | monthly | Dec 1986 - Nov 2020 |
| Algeria (% pa) | 8.000 Sep 2020 | monthly | Jan 1995 - Sep 2020 |
| Armenia (% pa) | 11.469 Dec 2020 | monthly | Apr 1995 - Dec 2020 |
| Austria (% pa) | 1.590 Nov 2020 | monthly | Dec 1995 - Nov 2020 |
| Azerbaijan (% pa) | 13.671 Nov 2020 | monthly | Dec 2002 - Nov 2020 |
| Bahrain (% pa) | 5.010 Mar 2016 | monthly | Apr 1985 - Mar 2016 |
| Bangladesh (% pa) | 7.790 Sep 2020 | monthly | Jan 1976 - Sep 2020 |
| Belarus (% pa) | 10.270 Nov 2020 | monthly | Jan 2004 - Nov 2020 |
| Belgium (% pa) | 1.570 Nov 2020 | monthly | Jan 2003 - Nov 2020 |
| Bolivia (% pa) | 7.201 Dec 2020 | monthly | Jan 2001 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.2 Mar 2020 | quarterly | Dec 2010 - Mar 2020 |
| Consolidated Fiscal Balance (USD mn) | -4,673.639 Mar 2020 | quarterly | Mar 2005 - Mar 2020 |
| National Government Debt (USD mn) | 73,740.7 Sep 2020 | quarterly | Dec 2006 - Sep 2020 |
| Government Debt: % of GDP (%) | 18.2 Jun 2020 | quarterly | Dec 2010 - Jun 2020 |
| Forecast: Government Expenditure (NGN bn) | 34,920.128 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (NGN bn) | 109,473.696 2025 | yearly | 1990 - 2025 |
| Forecast: Government Revenue (NGN bn) | 21,509.034 2025 | yearly | 1990 - 2025 |
| Gross Federation Account Revenue (NGN bn) | 2,268.700 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Balance (NGN bn) | -1,289.030 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Gross Federation Account Revenue: Oil (NGN bn) | 953.900 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Revenue (NGN bn) | 842.090 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Expenditure (NGN bn) | 2,131.120 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 1,650.430 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Government Debt: Domestic (NGN bn) | 15,846.231 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
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