Domestic finance, S1 - Interest rate controls in Nigeria
Nigeria: Domestic finance, S1 - Interest rate controls was 3 in 2014. ◆ Volatile
Latest (2014)
3
Change on year
unchanged
World rank
1st
of 90 countries
All-time high
3
in 1999
All-time low
0
in 1973
Years of data
42
1973–2014
Domestic finance, S1 - Interest rate controls in Nigeria, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for domestic finance, s1 - interest rate controls in Nigeria is 3, measured in 2014. That is the highest value across all 42 years on record.
The figure is unchanged over ten years.
Over the whole period, domestic finance, s1 - interest rate controls in Nigeria peaked at 3 in 1999 and was at its lowest, 0, in 1973.
Nigeria ranks 1st of 90 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic finance, S1 - Interest rate controls in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0 | — |
| 1974 | 0 | — |
| 1975 | 0 | — |
| 1976 | 0 | — |
| 1977 | 0 | — |
| 1978 | 0 | — |
| 1979 | 0 | — |
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 1 | — |
| 1988 | 1 | +0.0% |
| 1989 | 1 | +0.0% |
| 1990 | 1 | +0.0% |
| 1991 | 0 | -100.0% |
| 1992 | 1 | — |
| 1993 | 1 | +0.0% |
| 1994 | 1 | +0.0% |
| 1995 | 1 | +0.0% |
| 1996 | 2 | +100.0% |
| 1997 | 2 | +0.0% |
| 1998 | 2 | +0.0% |
| 1999 | 3 | +50.0% |
| 2000 | 3 | +0.0% |
| 2001 | 3 | +0.0% |
| 2002 | 3 | +0.0% |
| 2003 | 3 | +0.0% |
| 2004 | 3 | +0.0% |
| 2005 | 3 | +0.0% |
| 2006 | 3 | +0.0% |
| 2007 | 3 | +0.0% |
| 2008 | 3 | +0.0% |
| 2009 | 3 | +0.0% |
| 2010 | 3 | +0.0% |
| 2011 | 3 | +0.0% |
| 2012 | 3 | +0.0% |
| 2013 | 3 | +0.0% |
| 2014 | 3 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 | 0 | 0 | 7 |
| 1980s | 0.3 | 0 | 1 | 10 |
| 1990s | 1.4 | 0 | 3 | 10 |
| 2000s | 3 | 3 | 3 | 10 |
| 2010s | 3 | 3 | 3 | 5 |
Countries ranked near Nigeria
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More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is domestic finance, s1 - interest rate controls in Nigeria?
- Domestic finance, s1 - interest rate controls in Nigeria was 3 in 2014, according to International Monetary Fund.
- What is the highest domestic finance, s1 - interest rate controls recorded in Nigeria?
- The highest recorded value was 3 in 1999.
- What is the lowest domestic finance, s1 - interest rate controls recorded in Nigeria?
- The lowest recorded value was 0 in 1973.
- How does Nigeria rank for domestic finance, s1 - interest rate controls?
- Nigeria ranks 1st out of 90 countries with data for 2014.
- Is domestic finance, s1 - interest rate controls rising or falling in Nigeria?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Domestic finance, S1 - Interest rate controls. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.