Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria
Nigeria: Government securities: Treasury bills yields, Rate, Percent per annum was 16.56 in 2025. ▼ Falling
Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria, 1991–2025
Source: International Monetary Fund.
Analysis
The most recent figure for government securities: treasury bills yields, rate, percent per annum in Nigeria is 16.56, measured in 2025.
Compared with earlier readings it is up 3.4% on the previous year and up 76.3% over ten years.
Over the whole period, government securities: treasury bills yields, rate, percent per annum in Nigeria peaked at 24.5 in 1993 and was at its lowest, 1.63, in 2020.
Nigeria ranks 6th of 89 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 35 years of available data.
Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 17 | — |
| 1992 | 17.89 | +5.2% |
| 1993 | 24.5 | +36.9% |
| 1994 | 12.87 | -47.5% |
| 1995 | 12.5 | -2.8% |
| 1996 | 12.25 | -2.0% |
| 1997 | 12 | -2.0% |
| 1998 | 12.26 | +2.2% |
| 1999 | 17.82 | +45.3% |
| 2000 | 15.5 | -13.0% |
| 2001 | 17.5 | +12.9% |
| 2002 | 19.03 | +8.8% |
| 2003 | 14.79 | -22.3% |
| 2004 | 14.34 | -3.1% |
| 2005 | 7.83 | -45.4% |
| 2006 | 8.88 | +13.4% |
| 2007 | 6.82 | -23.2% |
| 2008 | 8.2 | +20.3% |
| 2009 | 3.79 | -53.9% |
| 2010 | 3.85 | +1.7% |
| 2011 | 9.7 | +152.1% |
| 2012 | 13.63 | +40.6% |
| 2013 | 10.85 | -20.4% |
| 2014 | 10.54 | -2.9% |
| 2015 | 9.39 | -10.9% |
| 2016 | 10.14 | +8.0% |
| 2017 | 13.41 | +32.3% |
| 2018 | 10.08 | -24.8% |
| 2019 | 9.63 | -4.5% |
| 2020 | 1.63 | -83.1% |
| 2021 | 2.17 | +32.7% |
| 2022 | 3.56 | +64.5% |
| 2023 | 4.73 | +32.8% |
| 2024 | 16.02 | +238.5% |
| 2025 | 16.56 | +3.4% |
Nigeria compared with similar countries
- Nigeria's 16.56 is above the median for lower middle income countries, which is 8.59, 1.9× the median. (20 countries reporting)
- Nigeria's 16.56 is above the median for Sub-Saharan Africa, which is 9.2, 1.8× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Government securities: Treasury bills yields, Rate, Percent per annum in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +238.5% | 4.73 | 16.02 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.45 | 12 | 24.5 | 9 |
| 2000s | 11.67 | 3.79 | 19.03 | 10 |
| 2010s | 10.12 | 3.85 | 13.63 | 10 |
| 2020s | 7.45 | 1.63 | 16.56 | 6 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is government securities: treasury bills yields, rate, percent per annum in Nigeria?
- Government securities: treasury bills yields, rate, percent per annum in Nigeria was 16.56 in 2025, according to International Monetary Fund.
- What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Nigeria?
- The highest recorded value was 24.5 in 1993.
- What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Nigeria?
- The lowest recorded value was 1.63 in 2020.
- How does Nigeria rank for government securities: treasury bills yields, rate, percent per annum?
- Nigeria ranks 6th out of 89 countries with data for 2025.
- Is government securities: treasury bills yields, rate, percent per annum rising or falling in Nigeria?
- Over the last ten years it is up 76.3%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.