Georgia vs Nigeria: Risk premium on lending
Risk premium on lending over time
- Georgia
- Nigeria
How they compare
Nigeria currently reports 9.3% against 8.2% in Georgia, a difference of 1.1%.
That makes Nigeria's figure about 1.1 times Georgia's.
The two have swapped places 4 times across 18 shared years of data; in 2003 it was Nigeria ahead.
Georgia ranks 14th and Nigeria ranks 11th of 86 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -0.2% | 9.0% | 9.2% | Nigeria |
| 2010s | 5.3% | 6.6% | 1.3% | Nigeria |
| 2020s | 4.2% | 9.8% | 5.6% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher risk premium on lending, Georgia or Nigeria?
- Nigeria, at 9.3% against 8.2% in Georgia as of 2023.
- What is the difference in risk premium on lending between Georgia and Nigeria?
- 1.1%, with Nigeria ahead.
- How many years of comparable data are there for Georgia and Nigeria?
- 18 years are reported by both, from 2003 to 2023.
- How do Georgia and Nigeria rank globally for risk premium on lending?
- Georgia ranks 14th and Nigeria ranks 11th of 86 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.