Nigeria Bank Lending Rate

2006 - 2021 | Monthly | % pa | CEIC Data

Nigeria Bank Lending Rate was reported at 11.670 % pa in Jun 2021. This records an increase from the previous number of 11.290 % pa for May 2021. Nigeria Bank Lending Rate data is updated monthly, averaging 16.660 % pa from Jan 2006 to Jun 2021, with 186 observations. The data reached an all-time high of 19.660 % pa in Nov 2009 and a record low of 11.130 % pa in Mar 2021. 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 Jun 2021 in the chart:

Nigeria Bank Lending Rate

What was Nigeria's Bank Lending Rate in Jun 2021?

Last Previous Min Max Unit Frequency Range
11.670 Jun 2021 11.290 May 2021 11.130 Mar 2021 19.660 Nov 2009 % pa monthly Jan 2006 - Jun 2021

Bank Lending Rate by Country Comparison

Buy Selected Data

Includes Bank Lending Rate on 84 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% pa) 5.790 May 2021 monthly Dec 1986 - May 2021
Algeria (% pa) 8.000 May 2021 monthly Jan 1995 - May 2021
Armenia (% pa) 10.412 Jun 2021 monthly Apr 1995 - Jun 2021
Austria (% pa) 1.620 May 2021 monthly Dec 1995 - May 2021
Azerbaijan (% pa) 13.940 Jun 2021 monthly Dec 2002 - Jun 2021
Bahrain (% pa) 5.010 Mar 2016 monthly Apr 1985 - Mar 2016
Bangladesh (% pa) 7.400 May 2021 monthly Jan 1976 - May 2021
Belarus (% pa) 12.210 May 2021 monthly Jan 2004 - May 2021
Belgium (% pa) 1.570 May 2021 monthly Jan 2003 - May 2021
Bolivia (% pa) 7.303 Jun 2021 monthly Jan 2001 - Jun 2021
Bosnia and Herzegovina (% pa) 3.852 Apr 2021 monthly Jan 2012 - Apr 2021
Botswana (% pa) 5.250 Mar 2021 monthly Jan 2003 - Mar 2021
Brunei (% pa) 5.500 30 Jul 2021 daily 01 Dec 2003 - 30 Jul 2021
Bulgaria (% pa) 4.265 May 2021 monthly Jan 1992 - May 2021
Canada (% pa) 2.450 Jun 2021 monthly Jan 1935 - Jun 2021
China (% pa) 4.350 30 Jul 2021 daily 01 Sep 1988 - 30 Jul 2021
Colombia (% pa) 8.850 Jun 2021 monthly Jan 1986 - Jun 2021
Cyprus (% pa) 3.186 Feb 2021 monthly Nov 2007 - Feb 2021
Czech Republic (% pa) 1.486 May 2021 monthly Jan 2004 - May 2021
Denmark (% pa) 0.850 May 2021 monthly Jan 2003 - May 2021
Ecuador (% pa) 8.120 Jul 2021 monthly Jan 2004 - Jul 2021
Egypt (% pa) 9.600 May 2021 monthly Jan 1976 - May 2021
Estonia (% pa) 2.650 May 2021 monthly Jan 1999 - May 2021
France (% pa) 1.290 May 2021 monthly Jan 2003 - May 2021
Georgia (% pa) 11.830 May 2021 monthly Jun 2002 - May 2021
Germany (% pa) 1.890 May 2021 monthly Jan 2003 - May 2021
Greece (% pa) 3.800 Feb 2021 monthly Sep 2002 - Feb 2021
Hong Kong SAR, China (% pa) 5.000 30 Jul 2021 daily 01 Jan 1981 - 30 Jul 2021
Hungary (% pa) 1.850 Jun 2021 monthly Sep 1988 - Jun 2021
Iceland (% pa) 5.175 Jul 2021 monthly Nov 1982 - Jul 2021
Indonesia (% pa) 8.960 May 2021 monthly Apr 1993 - May 2021
Israel (% pa) 3.293 May 2020 monthly Apr 2013 - May 2020
Italy (% pa) 1.128 May 2021 monthly Jan 1995 - May 2021
Japan (% pa) 1.475 Jun 2021 monthly Jan 1971 - Jun 2021
Jordan (% pa) 7.050 May 2021 monthly Jan 1999 - May 2021
Kazakhstan (% pa) 13.600 Apr 2021 monthly Jan 2002 - Apr 2021
Kenya (% pa) 12.060 May 2021 monthly Jul 1991 - May 2021
South Korea (% pa) 2.720 May 2021 monthly Jan 1996 - May 2021
Kosovo (% pa) 6.347 Jul 2019 monthly Jun 2004 - Jul 2019
Kuwait (% pa) 3.780 May 2021 monthly Apr 1979 - May 2021
Kyrgyzstan (% pa) 15.931 Apr 2021 monthly Jan 1996 - Apr 2021
Latvia (% pa) 3.780 May 2021 monthly Jan 2004 - May 2021
Lebanon (% pa) 7.860 May 2021 monthly Mar 1972 - May 2021
Lithuania (% pa) 2.670 May 2021 monthly Jan 2015 - May 2021
Luxembourg (% pa) 1.410 May 2021 monthly Jan 2003 - May 2021
Macau SAR, China (% pa) 5.260 May 2021 monthly Sep 2008 - May 2021
North Macedonia (% pa) 4.923 May 2021 monthly Jan 2005 - May 2021
Malawi (% pa) 12.100 Apr 2021 monthly Jan 1980 - Apr 2021
Malaysia (% pa) 3.468 Mar 2021 monthly Jan 1996 - Mar 2021
Malta (% pa) 3.247 May 2021 monthly Jan 1999 - May 2021
Mauritius (% pa) 4.600 Apr 2021 monthly Dec 1997 - Apr 2021
Mexico (% pa) 4.500 May 2021 monthly Sep 1993 - May 2021
Moldova (% pa) 6.785 Jun 2021 monthly Jan 2000 - Jun 2021
Mongolia (% pa) 14.757 Jun 2021 monthly Feb 1998 - Jun 2021
Montenegro (% pa) 5.790 May 2021 monthly Sep 2005 - May 2021
Mozambique (% pa) 18.900 Apr 2021 monthly Aug 1997 - Apr 2021
Myanmar (% pa) 14.500 May 2021 monthly Jan 1994 - May 2021
Nepal (% pa) 8.890 Feb 2021 monthly Nov 2013 - Feb 2021
Nigeria (% pa) 11.670 Jun 2021 monthly Jan 2006 - Jun 2021
Oman (% pa) 5.504 May 2021 monthly Dec 1984 - May 2021
Palestinian Territory (% pa) 5.362 Sep 2020 monthly Mar 2004 - Sep 2020
Panama (% pa) 4.750 Jun 2018 monthly Dec 1999 - Jun 2018
Paraguay (% pa) 9.950 Jun 2021 monthly Aug 2007 - Jun 2021
Peru (% pa) 10.683 Jun 2021 monthly Aug 1985 - Jun 2021
Philippines (% pa) 6.542 Dec 2019 monthly Jan 1976 - Dec 2019
Poland (% pa) 2.060 Apr 2021 monthly Jan 2005 - Apr 2021
Qatar (% pa) 3.878 Apr 2021 monthly Jul 2004 - Apr 2021
Romania (% pa) 4.090 May 2021 monthly Dec 2005 - May 2021
Russia (% pa) 6.490 May 2021 monthly Jan 1995 - May 2021
Serbia (% pa) 4.280 Mar 2021 monthly Sep 2010 - Mar 2021
Singapore (% pa) 5.250 Jun 2021 monthly Jan 1980 - Jun 2021
Slovakia (% pa) 2.217 Apr 2021 monthly Jan 2009 - Apr 2021
South Africa (% pa) 7.000 30 Jul 2021 daily 31 Dec 1948 - 30 Jul 2021
Sri Lanka (% pa) 5.650 May 2021 monthly Jun 1989 - May 2021
Sweden (% pa) 0.100 01 Aug 2021 daily 01 Jun 1994 - 01 Aug 2021
Taiwan (% pa) 2.441 Jun 2021 monthly Jul 1961 - Jun 2021
Tajikistan (% pa) 20.878 May 2021 monthly Jan 2002 - May 2021
Thailand (% pa) 5.415 Jun 2021 monthly Jan 1983 - Jun 2021
Ukraine (% pa) 12.649 Apr 2021 monthly Dec 2005 - Apr 2021
United States (% pa) 3.250 28 Jul 2021 daily 01 Jan 1980 - 28 Jul 2021
Uruguay (% pa) 16.241 May 2021 monthly Jan 1998 - May 2021
Uzbekistan (% pa) 21.365 Mar 2021 monthly Jan 2013 - Mar 2021
Venezuela (% pa) 46.532 20 Apr 2021 daily 02 Jan 2004 - 20 Apr 2021
Zambia (% pa) 25.720 Mar 2021 monthly Jan 2006 - Mar 2021

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Nigeria Key Series

Buy Selected Data

Includes 205 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.8 Dec 2020 quarterly Dec 2010 - Dec 2020
Consolidated Fiscal Balance (USD mn) -3,910.052 Dec 2020 quarterly Mar 2005 - Dec 2020
National Government Debt (USD mn) 76,375.0 Mar 2021 quarterly Dec 2006 - Mar 2021
Government Debt: % of GDP (%) 18.8 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (NGN bn) 44,913.220 2026 yearly 1990 - 2026
Forecast: Government Net Debt (NGN bn) 135,441.460 2026 yearly 1990 - 2026
Forecast: Government Revenue (NGN bn) 24,435.680 2026 yearly 1990 - 2026
Gross Federation Account Revenue: Oil (NGN bn) 985.570 Dec 2020 quarterly Mar 2005 - Dec 2020
Gross Federation Account Revenue (NGN bn) 2,208.100 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Balance (NGN bn) -1,483.930 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure: Recurrent (NGN bn) 1,720.090 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Revenue (NGN bn) 903.520 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure: Capital (NGN bn) 622.130 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure (NGN bn) 2,387.460 Dec 2020 quarterly Mar 2005 - Dec 2020
Government Debt: Domestic (NGN bn) 16,513.929 Mar 2021 quarterly Dec 2005 - Mar 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.040 2026 yearly 1991 - 2026
Trade Balance (USD mn) -2,959.9 Mar 2021 monthly Jan 2003 - Mar 2021
Total Exports (USD mn) 2,820.2 Mar 2021 monthly Jan 2003 - Mar 2021
Total Exports Growth (%) 11.0 Mar 2021 monthly Jan 2004 - Mar 2021
Aluminum: Exports (USD th) 88,212.341 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 1,904.451 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 704.590 2020 yearly 1995 - 2020
Total Imports (USD mn) 5,780.1 Mar 2021 monthly Jan 2003 - Mar 2021
Total Imports Growth (%) 44.4 Mar 2021 monthly Jan 2004 - Mar 2021
Imports: Medicament (USD th) 965,920.024 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 434,946.956 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 36.075 Sep 2020 monthly Jan 2003 - Sep 2020
Total Imports from USA (USD mn) 422.719 Dec 2020 monthly Dec 2009 - Dec 2020
Total Exports to China (USD mn) 214.635 Mar 2021 monthly Jan 2007 - Mar 2021
Total Imports from China (USD mn) 1,440.816 Dec 2020 monthly Jan 2007 - Dec 2020
Exports: Crude Oil (NGN mn) 664,897.316 Mar 2021 monthly Jan 2003 - Mar 2021
Total Trade (NGN mn) 3,263,824.154 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: Europe: ow UK (NGN mn) 39,434.810 Mar 2021 monthly Jan 2003 - Mar 2021
Exports (NGN mn) 1,070,267.123 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: America: ow USA (NGN mn) 24,895.523 Mar 2021 monthly Jan 2003 - Mar 2021
Exports: Europe: ow Netherlands (NGN mn) 60,277.030 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Europe: ow Netherlands (NGN mn) 93,317.314 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: America: ow USA (NGN mn) 251,380.868 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Europe: ow Germany (NGN mn) 54,563.268 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Europe: ow UK (NGN mn) 35,761.415 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Asia: ow China (NGN mn) 757,807.681 Mar 2021 monthly Jan 2007 - Mar 2021
Imports: Manufactured Goods (NGN mn) 237,319.776 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 124,468.404 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Chemicals and Chemical Products (NGN mn) 355,996.591 Mar 2021 monthly Jan 2003 - Mar 2021
Imports (NGN mn) 2,193,557.031 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Food and Live Animals (NGN mn) 288,028.657 Mar 2021 monthly Jan 2003 - Mar 2021
Imports: Machinery and Transport Equipment (NGN mn) 958,035.327 Mar 2021 monthly Jan 2003 - Mar 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 186.9 Mar 2021 quarterly Mar 2008 - Mar 2021
Current Account Balance (USD mn) -3,337.9 Sep 2020 quarterly Mar 2008 - Sep 2020
Current Account Balance: % of GDP (%) -3.2 Sep 2020 quarterly Mar 2008 - Sep 2020
Foreign Direct Investment (USD mn) 775.2 Sep 2020 quarterly Mar 2008 - Sep 2020
Foreign Direct Investment: % of GDP (%) 2.0 Mar 2021 quarterly Mar 2010 - Mar 2021
Foreign Portfolio Investment (USD mn) 2,426.454 Mar 2021 quarterly Mar 2008 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) 1.7 Sep 2020 quarterly Mar 2010 - Sep 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 125.5 Sep 2020 quarterly Mar 2008 - Sep 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 1,616.928 Sep 2020 quarterly Mar 2008 - Sep 2020
External Debt (USD mn) 32,860.0 Mar 2021 quarterly Dec 2006 - Mar 2021
External Debt: % of GDP (%) 7.8 2020 yearly 1985 - 2020
External Debt: Short Term (USD mn) 310.7 2018 yearly 2008 - 2018
External Debt: Short Term: % of GDP (%) 0.1 2018 yearly 2008 - 2018
Forecast: Current Account Balance (USD bn) -8.103 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) -85,210.476 2020 yearly 2005 - 2020
BoP: CA: Goods (USD mn) -4,231.398 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Current Transfers (USD mn) 6,065.876 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 2,426.454 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Income: Credit (USD mn) 305.781 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account (USD mn) 7,886.981 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Assets (USD mn) 2,069.202 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Income: Debit (USD mn) -988.819 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: Net Errors & Omission (USD mn) -6,136.341 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Services: Credit (USD mn) 1,196.837 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Income (USD mn) -683.038 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -186.940 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Services: Debit (USD mn) -4,098.916 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Current Transfers: Debit (USD mn) -109.402 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Goods: Credit (USD mn) 7,712.285 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Goods: Debit (USD mn) -11,943.683 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Current Transfers: Credit (USD mn) 6,175.278 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 1,252.946 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,304.584 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Liabilities (USD mn) 5,817.779 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Capital Account (USD mn) 0.000 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -24.669 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CA: Services (USD mn) -2,902.079 Mar 2021 quarterly Mar 2008 - Mar 2021
BoP: CF: Financial Account: Assets: Other Investment (USD mn) 976.227 Mar 2021 quarterly Mar 2008 - Mar 2021
External Debt: Government (USD mn) 32,859.990 Mar 2021 quarterly Dec 2006 - Mar 2021
External Debt: Government: International Capital Market (USD mn) 10,368.350 Mar 2021 quarterly Mar 2011 - Mar 2021
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 52,654,783.060 Mar 2021 monthly Jan 2007 - Mar 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 11.4 2018 yearly 2003 - 2018
Money Supply M1 (USD mn) 39,097.677 Jun 2021 monthly Nov 1992 - Jun 2021
Money Supply M2 (USD mn) 94,869.415 May 2021 monthly Nov 1992 - May 2021
M2 Growth (%) 18.9 Jun 2021 monthly Nov 1993 - Jun 2021
Reserve Requirement Ratio (%) 27.5 Apr 2021 monthly Nov 2005 - Apr 2021
Foreign Exchange Reserves (USD mn) 34,820.5 Mar 2021 monthly Jan 1960 - Mar 2021
Foreign Exchange Reserves: % of GDP (%) 8.374 Mar 2021 quarterly Dec 2010 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 6.1 Mar 2021 monthly Jan 2003 - Mar 2021
Gold Reserves (USD mn) 0.062 Jan 2018 monthly Dec 1950 - Jan 2018
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 108,347.3 Jun 2021 monthly Nov 1992 - Jun 2021
Domestic Credit Growth (%) 14.9 May 2021 monthly Nov 1993 - May 2021
Private Debt: % of Nominal GDP (%) 11.41 Sep 2020 quarterly Dec 2010 - Sep 2020
Monetary Survey: Liabilities: M2: M1 (NGN mn) 16,016,754.460 Jun 2021 monthly Nov 1992 - Jun 2021
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 22,570,984.680 May 2021 monthly Nov 1992 - May 2021
Monetary Survey: Liabilities: Base Money (NGN mn) 13,064,025.440 May 2021 monthly Jan 1993 - May 2021
Monetary Survey: Liabilities: M2 (NGN mn) 38,759,139.290 Jun 2021 monthly Nov 1992 - Jun 2021
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 9.335 Jun 2019 semiannually Dec 2003 - Jun 2019
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -22.4 Dec 2020 monthly Jul 2015 - Dec 2020

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Flex

from $39

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data