Armenia vs Nigeria: Lending interest rate
Armenia
13.8%
in 2025
Nigeria
14.0%
in 2023
Armenia rank
39th
Nigeria rank
38th
Lending interest rate over time
- Armenia
- Nigeria
How they compare
Nigeria currently reports 14.0% against 13.8% in Armenia, a difference of 0.2%.
The two have swapped places 13 times across 29 shared years of data; in 1995 it was Armenia ahead.
Armenia ranks 39th and Nigeria ranks 38th of 148 countries.
Across the 4 decades both report, Armenia averaged higher in 2 and Nigeria in 2.
Head to head by decade
| Decade | Armenia | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 60.8% | 19.3% | 41.5% | Armenia |
| 2000s | 20.7% | 19.5% | 1.1% | Armenia |
| 2010s | 16.1% | 16.7% | 0.6% | Nigeria |
| 2020s | 11.9% | 12.9% | 1.0% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Armenia or Nigeria?
- Nigeria, at 14.0% against 13.8% in Armenia as of 2023.
- What is the difference in lending interest rate between Armenia and Nigeria?
- 0.2%, with Nigeria ahead.
- How many years of comparable data are there for Armenia and Nigeria?
- 29 years are reported by both, from 1995 to 2023.
- How do Armenia and Nigeria rank globally for lending interest rate?
- Armenia ranks 39th and Nigeria ranks 38th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.