Ghana vs Nigeria: Deposit Rate, Percent per annum
Ghana
10.5
in 2025
Nigeria
11.27
in 2025
Ghana rank
13th
Nigeria rank
10th
Deposit Rate, Percent per annum over time
- Ghana
- Nigeria
How they compare
Nigeria currently reports 11.27 against 10.5 in Ghana, a difference of 0.77.
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 13th and Nigeria ranks 10th of 143 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 | 14.33 | 9.33 | 5 | Ghana |
| 1990s | 26.56 | 14 | 12.56 | Ghana |
| 2000s | 15.99 | 12.69 | 3.3 | Ghana |
| 2010s | 12.11 | 8.27 | 3.84 | Ghana |
| 2020s | 11.24 | 7.59 | 3.65 | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit rate, percent per annum, Ghana or Nigeria?
- Nigeria, at 11.27 against 10.5 in Ghana as of 2025.
- What is the difference in deposit rate, percent per annum between Ghana and Nigeria?
- 0.77, 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 rate, percent per annum?
- Ghana ranks 13th and Nigeria ranks 10th of 143 countries.
- Where does this data come from?
- International Monetary Fund, published as Deposit Rate, Percent per annum. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.