Nigeria vs Tanzania, United Republic of: Risk premium on lending
Risk premium on lending over time
- Nigeria
- Tanzania, United Republic of
How they compare
Tanzania, United Republic of currently reports 12.3% against 9.3% in Nigeria, a difference of 3.0%.
That makes Tanzania, United Republic of's figure about 1.3 times Nigeria's.
The two have swapped places 5 times across 28 shared years of data; in 1993 it was Nigeria ahead.
Nigeria ranks 11th and Tanzania, United Republic of ranks 8th of 86 countries.
Across the 4 decades both report, Nigeria averaged higher in 1 and Tanzania, United Republic of in 3.
Head to head by decade
| Decade | Nigeria | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 6.3% | 6.9% | 0.6% | Tanzania, United Republic of |
| 2000s | 7.9% | 8.1% | 0.2% | Tanzania, United Republic of |
| 2010s | 6.6% | 5.3% | 1.3% | Nigeria |
| 2020s | 12.0% | 12.3% | 0.2% | Tanzania, United Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher risk premium on lending, Nigeria or Tanzania, United Republic of?
- Tanzania, United Republic of, at 12.3% against 9.3% in Nigeria as of 2020.
- What is the difference in risk premium on lending between Nigeria and Tanzania, United Republic of?
- 3.0%, with Tanzania, United Republic of ahead.
- How many years of comparable data are there for Nigeria and Tanzania, United Republic of?
- 28 years are reported by both, from 1993 to 2020.
- How do Nigeria and Tanzania, United Republic of rank globally for risk premium on lending?
- Nigeria ranks 11th and Tanzania, United Republic of ranks 8th 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.