Iran vs Nigeria: Real interest rate
Real interest rate over time
- Iran
- Nigeria
How they compare
Iran currently reports 3.4% against 2.9% in Nigeria, a difference of 0.6%.
That makes Iran's figure about 1.2 times Nigeria's.
The two have swapped places 4 times across 13 shared years of data; in 2004 it was Nigeria ahead.
Globally, Iran ranks 93rd and Nigeria ranks 96th of 148 countries.
Individual pages
About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.