Niger: Mortgage credit interest rate
* indicates monthly or quarterly data series
The most recent value is 5.59 percent as of December 2023, a decline compared to the previous value of 7.75 percent. Historically, the average for Niger from January 2014 to December 2023 is 7.81 percent. The minimum of 3.02 percent was recorded in February 2017, while the maximum of 11.25 percent was reached in October 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Central Bank of West African States
| Recent values | Niger: Mortgage credit interest rate, percent |
|---|---|
| 2023 Dec | 5.59 |
| 2023 Nov | 7.75 |
| 2023 Oct | 11.25 |
| 2023 Sep | 10.95 |
| 2023 Aug | 10.34 |
| 2023 Jul | 10.08 |
| 2023 Jun | 9.61 |
| 2023 May | 6.44 |
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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.7 | 2023 | percent |
| Exchange rate regimes | 3 | 2021 | index points |
| USD exchange rate | 613.6785 | 9/2023 | Local Currency Units per USD |
| Money supply (broad money) | 1,900.30 | 9/2023 | billion |
| Consumer Price Index (CPI) | 123.0000 | 9/2023 | index points |
| Inflation, monthly | 1.82 | 9/2023 | percent |
| Inflation, annual | 7.80 | 9/2023 | percent |
| Private sector credit | 1,172.50 | 9/2023 | billion |
| Business credit | 562.70 | 9/2023 | billion |
| Household credit | 609.80 | 9/2023 | billion |
| Deposit interest rate | 6.08 | Q3/2023 | percent |
| Business credit interest rate | 9.56 | 9/2023 | percent |
| Mortgage credit interest rate | 10.95 | 9/2023 | percent |