Ghana vs Nigeria: Deposit interest rate (%)
Ghana
10.5%
in 2025
Nigeria
11.3%
in 2025
Ghana rank
16th
Nigeria rank
13th
Deposit interest rate (%) over time
- Ghana
- Nigeria
How they compare
Nigeria currently reports 11.3% against 10.5% in Ghana, a difference of 0.8%.
That makes Nigeria's figure about 1.1 times Ghana's.
The two have swapped places 7 times across 47 shared years of data; in 1978 it was Ghana ahead.
Ghana ranks 16th and Nigeria ranks 13th of 153 countries.
Ghana has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Ghana | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.5% | 4.3% | 7.2% | Ghana |
| 1980s | 14.3% | 9.3% | 5.0% | Ghana |
| 1990s | 26.6% | 14.0% | 12.6% | Ghana |
| 2000s | 16.0% | 12.7% | 3.3% | Ghana |
| 2010s | 12.1% | 8.3% | 3.8% | Ghana |
| 2020s | 11.2% | 7.6% | 3.7% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit interest rate, Ghana or Nigeria?
- Nigeria, at 11.3% against 10.5% in Ghana as of 2025.
- What is the difference in deposit interest rate between Ghana and Nigeria?
- 0.8%, with Nigeria ahead.
- How many years of comparable data are there for Ghana and Nigeria?
- 47 years are reported by both, from 1978 to 2025.
- How do Ghana and Nigeria rank globally for deposit interest rate?
- Ghana ranks 16th and Nigeria ranks 13th of 153 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Deposit interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.