Algeria vs Nigeria: Interest rate spread
Algeria
6.2%
in 2025
Nigeria
6.2%
in 2023
Algeria rank
48th
Nigeria rank
51st
Interest rate spread over time
- Algeria
- Nigeria
How they compare
Algeria currently reports 6.2% against 6.2% in Nigeria, a difference of 0.0%.
The two have swapped places 3 times across 29 shared years of data; in 1995 it was Nigeria ahead.
Algeria ranks 48th and Nigeria ranks 51st of 141 countries.
Nigeria has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Algeria | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.9% | 7.9% | 5.1% | Nigeria |
| 2000s | 4.7% | 6.8% | 2.1% | Nigeria |
| 2010s | 6.2% | 8.5% | 2.2% | Nigeria |
| 2020s | 6.2% | 7.2% | 1.0% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Algeria or Nigeria?
- Algeria, at 6.2% against 6.2% in Nigeria as of 2025.
- What is the difference in interest rate spread between Algeria and Nigeria?
- 0.0%, with Algeria ahead.
- How many years of comparable data are there for Algeria and Nigeria?
- 29 years are reported by both, from 1995 to 2023.
- How do Algeria and Nigeria rank globally for interest rate spread?
- Algeria ranks 48th and Nigeria ranks 51st of 141 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Interest rate spread (lending rate minus deposit rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest 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.