Nigeria vs Saint Kitts and Nevis: Risk premium on lending (lending rate minus treasury bill rate, %)
Risk premium on lending (lending rate minus treasury bill rate, %) over time
- Nigeria
- Saint Kitts and Nevis
How they compare
Saint Kitts and Nevis currently reports 2.0% against 1.9% in Nigeria, a difference of 0.1%.
That makes Saint Kitts and Nevis's figure about 1.1 times Nigeria's.
The two have swapped places 3 times across 23 shared years of data; in 1991 it was Saint Kitts and Nevis ahead.
Nigeria ranks 64th and Saint Kitts and Nevis ranks 62nd of 86 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Nigeria | Saint Kitts and Nevis | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.0% | 4.5% | 1.5% | Nigeria |
| 2000s | 7.9% | 3.1% | 4.8% | Nigeria |
| 2010s | 7.3% | 2.1% | 5.1% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher risk premium on lending, Nigeria or Saint Kitts and Nevis?
- Saint Kitts and Nevis, at 2.0% against 1.9% in Nigeria as of 2013.
- What is the difference in risk premium on lending between Nigeria and Saint Kitts and Nevis?
- 0.1%, with Saint Kitts and Nevis ahead.
- How many years of comparable data are there for Nigeria and Saint Kitts and Nevis?
- 23 years are reported by both, from 1991 to 2013.
- How do Nigeria and Saint Kitts and Nevis rank globally for risk premium on lending?
- Nigeria ranks 64th and Saint Kitts and Nevis ranks 62nd 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.