Montenegro vs Nigeria: Interest rate spread
Montenegro
6.0%
in 2025
Nigeria
6.2%
in 2023
Montenegro rank
54th
Nigeria rank
51st
Interest rate spread over time
- Montenegro
- Nigeria
How they compare
Nigeria currently reports 6.2% against 6.0% in Montenegro, a difference of 0.2%.
The two have swapped places 5 times across 19 shared years of data; in 2005 it was Montenegro ahead.
Montenegro ranks 54th and Nigeria ranks 51st of 141 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Montenegro | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.8% | 6.1% | 0.3% | Nigeria |
| 2010s | 6.5% | 8.5% | 2.0% | Nigeria |
| 2020s | 5.6% | 7.2% | 1.6% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest rate spread, Montenegro or Nigeria?
- Nigeria, at 6.2% against 6.0% in Montenegro as of 2023.
- What is the difference in interest rate spread between Montenegro and Nigeria?
- 0.2%, with Nigeria ahead.
- How many years of comparable data are there for Montenegro and Nigeria?
- 19 years are reported by both, from 2005 to 2023.
- How do Montenegro and Nigeria rank globally for interest rate spread?
- Montenegro ranks 54th 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.