Nigeria vs Sri Lanka: Risk premium on lending (lending rate minus treasury bill rate, %)
Risk premium on lending (lending rate minus treasury bill rate, %) over time
- Nigeria
- Sri Lanka
How they compare
Sri Lanka currently reports 2.2% against 1.9% in Nigeria, a difference of 0.3%.
That makes Sri Lanka's figure about 1.1 times Nigeria's.
Across all 19 years both countries report, Nigeria has been ahead every year.
Nigeria ranks 64th and Sri Lanka ranks 61st of 86 countries.
Nigeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nigeria | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.1% | 1.3% | 6.8% | Nigeria |
| 2010s | 6.6% | 1.4% | 5.2% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher risk premium on lending, Nigeria or Sri Lanka?
- Sri Lanka, at 2.2% against 1.9% in Nigeria as of 2019.
- What is the difference in risk premium on lending between Nigeria and Sri Lanka?
- 0.3%, with Sri Lanka ahead.
- How many years of comparable data are there for Nigeria and Sri Lanka?
- 19 years are reported by both, from 2001 to 2019.
- How do Nigeria and Sri Lanka rank globally for risk premium on lending?
- Nigeria ranks 64th and Sri Lanka ranks 61st 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.