Monetary policy-related, Rate, Percent per annum in Nigeria
Nigeria: Monetary policy-related, Rate, Percent per annum was 27 in 2025. ▲ Rising
Monetary policy-related, Rate, Percent per annum in Nigeria, 2007–2025
Source: International Monetary Fund.
Analysis
In 2025, monetary policy-related, rate, percent per annum in Nigeria stood at 27.
The figure is down 1.8% on the previous year and up 145.5% over ten years.
Over the whole period, monetary policy-related, rate, percent per annum in Nigeria peaked at 27.5 in 2024 and was at its lowest, 6, in 2009.
That places Nigeria 5th out of 80 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Monetary policy-related, Rate, Percent per annum in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 9.5 | — |
| 2008 | 9.75 | +2.6% |
| 2009 | 6 | -38.5% |
| 2010 | 6.25 | +4.2% |
| 2011 | 12 | +92.0% |
| 2012 | 12 | +0.0% |
| 2013 | 12 | +0.0% |
| 2014 | 13 | +8.3% |
| 2015 | 11 | -15.4% |
| 2016 | 14 | +27.3% |
| 2017 | 14 | +0.0% |
| 2018 | 14 | +0.0% |
| 2019 | 13.5 | -3.6% |
| 2020 | 11.5 | -14.8% |
| 2021 | 11.5 | +0.0% |
| 2022 | 16.5 | +43.5% |
| 2023 | 18.75 | +13.6% |
| 2024 | 27.5 | +46.7% |
| 2025 | 27 | -1.8% |
Nigeria compared with similar countries
- Nigeria's 27 is above the median for lower middle income countries, which is 10, 2.7× the median. (17 countries reporting)
- Nigeria's 27 is above the median for Sub-Saharan Africa, which is 4.5, 6.0× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Monetary policy-related, 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 |
|---|---|---|---|
| 2011 | +92.0% | 6.25 | 12 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.42 | 6 | 9.75 | 3 |
| 2010s | 12.18 | 6.25 | 14 | 10 |
| 2020s | 18.79 | 11.5 | 27.5 | 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 monetary policy-related, rate, percent per annum in Nigeria?
- Monetary policy-related, rate, percent per annum in Nigeria was 27 in 2025, according to International Monetary Fund.
- What is the highest monetary policy-related, rate, percent per annum recorded in Nigeria?
- The highest recorded value was 27.5 in 2024.
- What is the lowest monetary policy-related, rate, percent per annum recorded in Nigeria?
- The lowest recorded value was 6 in 2009.
- How does Nigeria rank for monetary policy-related, rate, percent per annum?
- Nigeria ranks 5th out of 80 countries with data for 2025.
- Is monetary policy-related, rate, percent per annum rising or falling in Nigeria?
- Over the last ten years it is up 145.5%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Monetary policy-related, 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.