Chile vs Nigeria: Real interest rate
Real interest rate over time
- Chile
- Nigeria
How they compare
Nigeria currently reports 2.9% against 2.5% in Chile, a difference of 0.4%.
That makes Nigeria's figure about 1.1 times Chile's.
The two have swapped places 12 times across 34 shared years of data; in 1985 it was Nigeria ahead.
Chile ranks 98th and Nigeria ranks 96th of 148 countries.
Across the 4 decades both report, Chile averaged higher in 2 and Nigeria in 2.
Head to head by decade
| Decade | Chile | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 5.7% | -1.5% | 7.3% | Chile |
| 1990s | 11.5% | -2.7% | 14.1% | Chile |
| 2000s | 3.7% | 4.8% | 1.1% | Nigeria |
| 2010s | 2.6% | 7.5% | 4.9% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real interest rate, Chile or Nigeria?
- Nigeria, at 2.9% against 2.5% in Chile as of 2023.
- What is the difference in real interest rate between Chile and Nigeria?
- 0.4%, with Nigeria ahead.
- How many years of comparable data are there for Chile and Nigeria?
- 34 years are reported by both, from 1985 to 2018.
- How do Chile and Nigeria rank globally for real interest rate?
- Chile ranks 98th and Nigeria ranks 96th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.