Kenya vs Nigeria: Deposit Rate, Percent per annum
Kenya
11.98
in 2024
Nigeria
11.27
in 2025
Kenya rank
9th
Nigeria rank
10th
Deposit Rate, Percent per annum over time
- Kenya
- Nigeria
How they compare
Kenya currently reports 11.98 against 11.27 in Nigeria, a difference of 0.71.
That makes Kenya's figure about 1.1 times Nigeria's.
The two have swapped places 8 times across 53 shared years of data; in 1970 it was Kenya ahead.
Kenya ranks 9th and Nigeria ranks 10th of 143 countries.
Across the 6 decades both report, Kenya averaged higher in 4 and Nigeria in 2.
Head to head by decade
| Decade | Kenya | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.4 | 3.21 | 1.18 | Kenya |
| 1980s | 10.7 | 9.33 | 1.37 | Kenya |
| 1990s | 14.97 | 13.06 | 1.91 | Kenya |
| 2000s | 5.34 | 12.69 | 7.35 | Nigeria |
| 2010s | 8.01 | 8.27 | 0.2576 | Nigeria |
| 2020s | 8.39 | 6.86 | 1.53 | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher deposit rate, percent per annum, Kenya or Nigeria?
- Kenya, at 11.98 against 11.27 in Nigeria as of 2024.
- What is the difference in deposit rate, percent per annum between Kenya and Nigeria?
- 0.71, with Kenya ahead.
- How many years of comparable data are there for Kenya and Nigeria?
- 53 years are reported by both, from 1970 to 2024.
- How do Kenya and Nigeria rank globally for deposit rate, percent per annum?
- Kenya ranks 9th 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.