Nigeria Bank Lending Rate

2006 - 2021 | Monthly | % pa | CEIC Data

Nigeria Bank Lending Rate was reported at 11.210 % pa in Feb 2021. This records a decrease from the previous number of 11.250 % pa for Jan 2021. Nigeria Bank Lending Rate data is updated monthly, averaging 16.690 % pa from Jan 2006 to Feb 2021, with 182 observations. The data reached an all-time high of 19.660 % pa in Nov 2009 and a record low of 11.210 % pa in Feb 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 Feb 2021 in the chart:

Nigeria Bank Lending Rate

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

Last Previous Min Max Unit Frequency Range
11.210 Feb 2021 11.250 Jan 2021 11.210 Feb 2021 19.660 Nov 2009 % pa monthly Jan 2006 - Feb 2021

Bank Lending Rate by Country Comparison

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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) 6.560 Feb 2021 monthly Dec 1986 - Feb 2021
Algeria (% pa) 8.000 Jan 2021 monthly Jan 1995 - Jan 2021
Armenia (% pa) 12.265 Feb 2021 monthly Apr 1995 - Feb 2021
Austria (% pa) 1.570 Feb 2021 monthly Dec 1995 - Feb 2021
Azerbaijan (% pa) 13.707 Jan 2021 monthly Dec 2002 - Jan 2021
Bahrain (% pa) 5.010 Mar 2016 monthly Apr 1985 - Mar 2016
Bangladesh (% pa) 7.480 Feb 2021 monthly Jan 1976 - Feb 2021
Belarus (% pa) 11.060 Feb 2021 monthly Jan 2004 - Feb 2021
Belgium (% pa) 1.570 Feb 2021 monthly Jan 2003 - Feb 2021
Bolivia (% pa) 7.480 Feb 2021 monthly Jan 2001 - Feb 2021
Bosnia and Herzegovina (% pa) 3.777 Feb 2021 monthly Jan 2012 - Feb 2021
Botswana (% pa) 5.250 Jan 2021 monthly Jan 2003 - Jan 2021
Brunei (% pa) 5.500 13 Apr 2021 daily 01 Dec 2003 - 13 Apr 2021
Bulgaria (% pa) 4.091 Jan 2021 monthly Jan 1992 - Jan 2021
Canada (% pa) 2.450 Mar 2021 monthly Jan 1935 - Mar 2021
China (% pa) 4.350 13 Apr 2021 daily 01 Sep 1988 - 13 Apr 2021
Colombia (% pa) 9.020 Feb 2021 monthly Jan 1986 - Feb 2021
Cyprus (% pa) 3.127 Dec 2020 monthly Nov 2007 - Dec 2020
Czech Republic (% pa) 2.358 Feb 2021 monthly Jan 2004 - Feb 2021
Denmark (% pa) 1.099 Feb 2021 monthly Jan 2003 - Feb 2021
Ecuador (% pa) 8.280 Apr 2021 monthly Jan 2004 - Apr 2021
Egypt (% pa) 9.500 Jan 2021 monthly Jan 1976 - Jan 2021
Estonia (% pa) 2.990 Feb 2021 monthly Jan 1999 - Feb 2021
France (% pa) 1.290 Jan 2021 monthly Jan 2003 - Jan 2021
Georgia (% pa) 12.400 Feb 2021 monthly Jun 2002 - Feb 2021
Germany (% pa) 1.990 Jan 2021 monthly Jan 2003 - Jan 2021
Greece (% pa) 3.780 Dec 2020 monthly Sep 2002 - Dec 2020
Hong Kong SAR, China (% pa) 5.000 13 Apr 2021 daily 01 Jan 1981 - 13 Apr 2021
Hungary (% pa) 1.850 Mar 2021 monthly Sep 1988 - Mar 2021
Iceland (% pa) 5.227 Feb 2021 monthly Nov 1982 - Feb 2021
Indonesia (% pa) 9.170 Feb 2021 monthly Jun 1993 - Feb 2021
Israel (% pa) 3.293 May 2020 monthly Apr 2013 - May 2020
Italy (% pa) 1.177 Jan 2021 monthly Jan 1995 - Jan 2021
Japan (% pa) 1.475 Mar 2021 monthly Jan 1971 - Mar 2021
Jordan (% pa) 7.150 Feb 2021 monthly Jan 1999 - Feb 2021
Kazakhstan (% pa) 14.200 Jan 2021 monthly Jan 2002 - Jan 2021
Kenya (% pa) 12.020 Dec 2020 monthly Jul 1991 - Dec 2020
South Korea (% pa) 2.740 Feb 2021 monthly Jan 1996 - Feb 2021
Kosovo (% pa) 6.347 Jul 2019 monthly Jun 2004 - Jul 2019
Kuwait (% pa) 3.865 Jan 2021 monthly Apr 1979 - Jan 2021
Kyrgyzstan (% pa) 16.645 Jan 2021 monthly Jan 1996 - Jan 2021
Latvia (% pa) 3.920 Jan 2021 monthly Jan 2004 - Jan 2021
Lebanon (% pa) 7.770 Dec 2020 monthly Mar 1972 - Dec 2020
Lithuania (% pa) 2.970 Jan 2021 monthly Jan 2015 - Jan 2021
Luxembourg (% pa) 1.460 Dec 2020 monthly Jan 2003 - Dec 2020
Macau SAR, China (% pa) 5.260 Feb 2021 monthly Sep 2008 - Feb 2021
North Macedonia (% pa) 4.986 Feb 2021 monthly Jan 2005 - Feb 2021
Malawi (% pa) 12.300 Dec 2020 monthly Jan 1980 - Dec 2020
Malaysia (% pa) 3.443 Jan 2021 monthly Jan 1996 - Jan 2021
Malta (% pa) 3.296 Jan 2021 monthly Jan 1999 - Jan 2021
Mauritius (% pa) 4.670 Feb 2021 monthly Dec 1997 - Feb 2021
Mexico (% pa) 4.780 Feb 2021 monthly Sep 1993 - Feb 2021
Moldova (% pa) 7.397 Feb 2021 monthly Jan 2000 - Feb 2021
Mongolia (% pa) 15.396 Feb 2021 monthly Feb 1998 - Feb 2021
Montenegro (% pa) 5.830 Feb 2021 monthly Sep 2005 - Feb 2021
Mozambique (% pa) 15.500 Feb 2021 monthly Aug 1997 - Feb 2021
Myanmar (% pa) 14.500 Mar 2021 monthly Jan 1994 - Mar 2021
Nepal (% pa) 9.370 Dec 2020 monthly Nov 2013 - Dec 2020
Nigeria (% pa) 11.210 Feb 2021 monthly Jan 2006 - Feb 2021
Oman (% pa) 5.478 Jan 2021 monthly Dec 1984 - Jan 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) 9.960 Jan 2021 monthly Aug 2007 - Jan 2021
Peru (% pa) 11.885 Feb 2021 monthly Aug 1985 - Feb 2021
Philippines (% pa) 6.542 Dec 2019 monthly Jan 1976 - Dec 2019
Poland (% pa) 1.980 Jan 2021 monthly Jan 2005 - Jan 2021
Qatar (% pa) 3.831 Feb 2021 monthly Jul 2004 - Feb 2021
Romania (% pa) 4.590 Jan 2021 monthly Dec 2005 - Jan 2021
Russia (% pa) 6.100 Jan 2021 monthly Jan 1995 - Jan 2021
Serbia (% pa) 4.040 Jan 2021 monthly Sep 2010 - Jan 2021
Singapore (% pa) 5.250 Feb 2021 monthly Jan 1980 - Feb 2021
Slovakia (% pa) 1.963 Jan 2021 monthly Jan 2009 - Jan 2021
South Africa (% pa) 7.000 13 Apr 2021 daily 31 Dec 1948 - 13 Apr 2021
Sri Lanka (% pa) 5.760 Feb 2021 monthly Jun 1989 - Feb 2021
Sweden (% pa) 0.100 13 Apr 2021 daily 01 Jun 1994 - 13 Apr 2021
Taiwan (% pa) 2.440 Mar 2021 monthly Jul 1961 - Mar 2021
Tajikistan (% pa) 20.870 Feb 2021 monthly Jan 2002 - Feb 2021
Thailand (% pa) 5.415 Feb 2021 monthly Jan 1983 - Feb 2021
Ukraine (% pa) 12.730 Jan 2021 monthly Dec 2005 - Jan 2021
United States (% pa) 3.250 11 Apr 2021 daily 01 Jan 1980 - 11 Apr 2021
Uruguay (% pa) 14.903 Jan 2021 monthly Jan 1998 - Jan 2021
Uzbekistan (% pa) 20.838 Jan 2021 monthly Jan 2013 - Jan 2021
Venezuela (% pa) 37.392 12 Feb 2021 daily 02 Jan 2004 - 12 Feb 2021
Zambia (% pa) 25.170 Jan 2021 monthly Jan 2006 - Jan 2021

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Nigeria Key Series

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Includes 277 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 (%) -3.5 Sep 2020 quarterly Dec 2010 - Sep 2020
Consolidated Fiscal Balance (USD mn) -3,462.697 Sep 2020 quarterly Mar 2005 - Sep 2020
National Government Debt (USD mn) 75,571.8 Dec 2020 quarterly Dec 2006 - Dec 2020
Government Debt: % of GDP (%) 18.9 Sep 2020 quarterly Dec 2010 - Sep 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 (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
Gross Federation Account Revenue: Oil (NGN bn) 985.570 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Revenue (NGN bn) 903.520 Dec 2020 quarterly Mar 2005 - Dec 2020
Federal Govt Expenditure (NGN bn) 2,387.460 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 Expenditure: Capital (NGN bn) 622.130 Dec 2020 quarterly Mar 2005 - Dec 2020
Government Debt: Domestic (NGN bn) 16,023.885 Dec 2020 quarterly Dec 2005 - Dec 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.040 2026 yearly 1991 - 2026
Trade Balance (USD mn) -1,551.2 Dec 2020 monthly Jan 2003 - Dec 2020
Total Exports (USD mn) 3,085.8 Dec 2020 monthly Jan 2003 - Dec 2020
Total Exports Growth (%) -33.4 Dec 2020 monthly Jan 2004 - Dec 2020
Aluminum: Exports (USD th) 107,795.596 2019 yearly 1995 - 2019
Exports: Medicament (USD th) 1,226.579 2019 yearly 1995 - 2019
Exports: Medicinal and Pharmaceutical Product (USD th) 302.933 2019 yearly 1995 - 2019
Total Imports (USD mn) 4,636.9 Dec 2020 monthly Jan 2003 - Dec 2020
Total Imports Growth (%) 26.0 Dec 2020 monthly Jan 2004 - Dec 2020
Imports: Medicament (USD th) 1,128,625.385 2019 yearly 1995 - 2019
Imports: Medicinal and Pharmaceutical Product (USD th) 348,770.759 2019 yearly 1995 - 2019
Total Exports to USA (USD mn) 36.075 Sep 2020 monthly Jan 2003 - Sep 2020
Total Imports from USA (USD mn) 440.409 Jun 2020 monthly Dec 2009 - Jun 2020
Total Exports to China (USD mn) 106.235 Dec 2020 monthly Jan 2007 - Dec 2020
Total Imports from China (USD mn) 1,440.816 Dec 2020 monthly Jan 2007 - Dec 2020
Total Trade (NGN mn) 2,930,763.744 Dec 2020 monthly Jan 2003 - Dec 2020
Exports: Crude Oil (NGN mn) 879,822.078 Dec 2020 monthly Jan 2003 - Dec 2020
Imports (NGN mn) 1,759,720.294 Dec 2020 monthly Jan 2003 - Dec 2020
Exports (NGN mn) 1,171,043.450 Dec 2020 monthly Jan 2003 - Dec 2020
Exports: Europe: ow UK (NGN mn) 44.832 Dec 2020 monthly Jan 2003 - Dec 2020
Exports: Europe: ow Netherlands (NGN mn) 11,110.958 Dec 2020 monthly Jan 2003 - Dec 2020
Exports: America: ow USA (NGN mn) 84,627.594 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Europe: ow Germany (NGN mn) 44,776.243 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Europe: ow UK (NGN mn) 41,677.587 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Europe: ow Netherlands (NGN mn) 56,858.199 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Asia: ow China (NGN mn) 546,789.821 Dec 2020 monthly Jan 2007 - Dec 2020
Imports: America: ow USA (NGN mn) 160,421.988 Dec 2020 monthly Jan 2003 - Dec 2020
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 10,603.818 2020 yearly 2003 - 2020
Exports: Vegetable Products (NGN mn) 189,913.743 2020 yearly 2003 - 2020
Exports: Mineral Products (NGN mn) 11,120,986.129 2020 yearly 2003 - 2020
Imports: Food and Live Animals (NGN mn) 278,437.323 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 78,274.349 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Chemicals and Chemical Products (NGN mn) 355,168.324 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Manufactured Goods (NGN mn) 188,807.783 Dec 2020 monthly Jan 2003 - Dec 2020
Imports: Machinery and Transport Equipment (NGN mn) 700,261.610 Dec 2020 monthly Jan 2003 - Dec 2020
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 310.0 Sep 2020 quarterly Mar 2008 - Sep 2020
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 (%) 0.7 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: % of GDP (%) 1.7 Sep 2020 quarterly Mar 2010 - Sep 2020
Foreign Portfolio Investment (USD mn) 1,742.401 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) 8,991.3 Mar 2013 quarterly Jun 2011 - Mar 2013
External Debt: % of GDP (%) 1.9 2012 yearly 2011 - 2012
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) -72,916.692 2019 yearly 2005 - 2019
BoP: CA: Services (USD mn) -1,815.000 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Services: Credit (USD mn) 969.400 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,742.400 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Current Transfers: Debit (USD mn) -176.520 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Liabilities (USD mn) 331.680 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Capital Account (USD mn) 0.000 Jun 2020 quarterly Mar 2008 - Jun 2020
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -73.290 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account (USD mn) 2,663.650 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Assets (USD mn) 2,331.970 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -310.030 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) -143.480 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Current Transfers (USD mn) 4,354.980 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Assets: Other Investment (USD mn) 2,858.760 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) -2,185.920 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Current Transfers: Credit (USD mn) 4,531.500 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Services: Debit (USD mn) -2,784.400 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: Net Errors & Omission (USD mn) 674.260 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Goods (USD mn) -4,912.390 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Goods: Credit (USD mn) 8,009.130 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Goods: Debit (USD mn) -12,921.520 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Income (USD mn) -965.510 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Income: Credit (USD mn) 266.560 Sep 2020 quarterly Mar 2008 - Sep 2020
BoP: CA: Income: Debit (USD mn) -1,232.068 Sep 2020 quarterly Mar 2008 - Sep 2020
External Debt: Government (USD mn) 33,348.080 Dec 2020 quarterly Dec 2006 - Dec 2020
External Debt: Government: International Capital Market (USD mn) 10,868.350 Dec 2020 quarterly Mar 2011 - Dec 2020
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 121,386,927.600 Jun 2020 monthly Jan 2007 - Jun 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 11.4 2018 yearly 2003 - 2018
Money Supply M1 (USD mn) 43,613.166 Feb 2021 monthly Nov 1992 - Feb 2021
Money Supply M2 (USD mn) 100,740.079 Feb 2021 monthly Nov 1992 - Feb 2021
M2 Growth (%) 28.6 Feb 2021 monthly Nov 1993 - Feb 2021
Reserve Requirement Ratio (%) 27.5 Feb 2021 monthly Nov 2005 - Feb 2021
Foreign Exchange Reserves (USD mn) 36,303.1 Jan 2021 monthly Jan 1960 - Jan 2021
Foreign Exchange Reserves: % of GDP (%) 8.264 Dec 2020 quarterly Dec 2010 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 7.6 Dec 2020 monthly Jan 2003 - Dec 2020
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) 115,062.1 Feb 2021 monthly Nov 1992 - Feb 2021
Domestic Credit Growth (%) 17.6 Feb 2021 monthly Nov 1993 - Feb 2021
Private Debt: % of Nominal GDP (%) 11.41 Sep 2020 quarterly Dec 2010 - Sep 2020
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: M2 (NGN mn) 38,230,860.010 Feb 2021 monthly Nov 1992 - Feb 2021
Monetary Survey: Liabilities: M2: M1 (NGN mn) 16,551,196.560 Feb 2021 monthly Nov 1992 - Feb 2021
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 21,679,663.460 Feb 2021 monthly Nov 1992 - Feb 2021
Monetary Survey: Liabilities: Base Money (NGN mn) 13,395,144.100 Feb 2021 monthly Jan 1993 - Feb 2021
Non Performing Loans to Gross Loans (%) 9.335 Jun 2019 semiannually Dec 2003 - Jun 2019
Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point) 2.5 Dec 2020 monthly Feb 2018 - Dec 2020
Business Confidence Growth (% Point) -22.4 Dec 2020 monthly Jul 2015 - Dec 2020

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