Mexico vs Nigeria: Interest rate spread
Mexico
6.2%
in 2025
Nigeria
6.2%
in 2023
Mexico rank
49th
Nigeria rank
51st
Interest rate spread over time
- Mexico
- Nigeria
How they compare
Mexico currently reports 6.2% against 6.2% in Nigeria, a difference of 0.0%.
The two have swapped places 7 times across 31 shared years of data; in 1993 it was Nigeria ahead.
Mexico ranks 49th and Nigeria ranks 51st of 141 countries.
Across the 4 decades both report, Mexico averaged higher in 1 and Nigeria in 3.
Head to head by decade
| Decade | Mexico | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.2% | 7.9% | 1.3% | Mexico |
| 2000s | 5.4% | 6.8% | 1.4% | Nigeria |
| 2010s | 3.8% | 8.5% | 4.7% | Nigeria |
| 2020s | 5.4% | 7.2% | 1.8% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Mexico or Nigeria?
- Mexico, at 6.2% against 6.2% in Nigeria as of 2025.
- What is the difference in interest rate spread between Mexico and Nigeria?
- 0.0%, with Mexico ahead.
- How many years of comparable data are there for Mexico and Nigeria?
- 31 years are reported by both, from 1993 to 2023.
- How do Mexico and Nigeria rank globally for interest rate spread?
- Mexico ranks 49th 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.