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% |
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
- Total reserves in months of imports, annual growth rate -1.26 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 6.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0966 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 118.25 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 6.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 132.23 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 8.47 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 141.49 SDR per person (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.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.