Armenia vs Nigeria: Lending interest rate

Armenia
13.8%
in 2025
Nigeria
14.0%
in 2023
Armenia rank
39th
Nigeria rank
38th

Lending interest rate over time

  • Armenia
  • Nigeria
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How they compare

Nigeria currently reports 14.0% against 13.8% in Armenia, a difference of 0.2%.

The two have swapped places 13 times across 29 shared years of data; in 1995 it was Armenia ahead.

Globally, Armenia ranks 39th and Nigeria ranks 38th of 148 countries.

Individual pages

About this data

Indicator
Lending interest rate (%)
Unit
%
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
148 places, 4,788 data points, 1960–2025
Last refreshed

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.