Financial Sector in Nigeria

457 indicators covering financial sector for Nigeria.

IndicatorLatest Year10-yr change Rank
Liquid liabilities in millions USD (2000 constant), per square 0.0943 2000 constant per square kilometre 2020 up 11.0% 118th
Liquid liabilities in millions USD (2000 constant), annual growth rate -11.26 % change on previous year 2020 down 356.0% 179th
Private credit by deposit money banks to GDP 12.2% 2021 up 13.1% 168th
Deposit money banks'' assets to GDP 16.4% 2021 down 14.6% 174th
Liquid liabilities to GDP 24.9% 2021 up 13.0% 170th
Central bank assets to GDP 13.2% 2021 up 1,093.1% 44th
Financial system deposits to GDP 21.8% 2021 up 23.2% 164th
Private credit by deposit money banks and other financial 12.8% 2021 up 18.1% 167th
Bank deposits to GDP 21.8% 2021 up 23.2% 164th
Liquid liabilities in millions USD 85,924 2000 constant 2020 up 11.0% 59th
Bank credit to bank deposits 56.0% 2021 down 8.1% 147th
Domestic Claims, Claims on Central or General Government, Net Claims -3.41 million units per square kilometre 2008 down 2,321.0% 159th
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) 56,639 units per person 2008 up 1,191.4% 83rd
Broad money (current LCU), per square kilometre 86.48 million current LCU per square kilometre 2023 up 282.1% 32nd
Quasi-Money (Depository Corporations Survey, Domestic currency), per 26,954 units per person 2008 up 1,528.7% 84th
Money (Depository Corporations Survey, Domestic currency), per capita 29,685 units per person 2008 up 987.0% 77th
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) 26.29 units per US$ of GDP 2008 up 992.6% 67th
Financial Institutions Access Index 0.1218 2020 down 1.6% 140th
Financial Institutions Depth Index 0.0754 2020 up 33.6% 140th
Financial Institutions Efficiency Index 0.591 2020 up 48.5% 89th
Financial Development Index 0.2225 2020 up 9.5% 102nd
Financial Institutions Index 0.2372 2020 up 31.6% 139th
Financial Markets Access Index 0.4898 2020 down 2.5% 44th
Financial Markets Depth Index 0.0686 2020 up 38.3% 98th
Financial Markets Efficiency Index 0.0542 2020 down 56.6% 63rd
Financial Markets Index 0.1998 2020 down 8.7% 67th
Quasi-Money (Depository Corporations Survey, Domestic currency), per 12.51 units per US$ of GDP 2008 up 1,278.0% 67th
Gold reserves at market value (SDR), per square kilometre 1,160 SDR per square kilometre 2023 up 96.7% 85th
Gold reserves at market value (SDR), per square kilometre 1,160 SDR per square kilometre 2023 up 96.7% 85th
Money (Depository Corporations Survey, Domestic currency), per unit 13.78 units per US$ of GDP 2008 up 819.6% 61st
Total reserves 37.2% 2024 down 50.6% 55th
Use of IMF Credit and Loans, SDR, annual growth rate -100 % change on previous year 2025 84th
Use of IMF Credit and Loans, US dollar, annual growth rate -100 % change on previous year 2025 84th
Money, Seasonally adjusted 4.58 trillion 2008 up 1,309.7% 19th
Interest rate spread 6.2% 2023 down 29.7% 51st
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) 9.80 million units per square kilometre 2008 up 1,598.1% 64th
Quasi-Money (Depository Corporations Survey, Domestic currency), per 4.66 million units per square kilometre 2008 up 2,041.7% 65th
Money, Seasonally adjusted (Depository Corporations Survey, Domestic) 44.25 % change on previous year 2008 up 124.5% 6th
Capital Accounts 3.66 trillion 2008 up 2,300.8% 18th
Money (Depository Corporations Survey, Domestic currency), per square 5.14 million units per square kilometre 2008 up 1,329.3% 56th
Money, Seasonally adjusted (Depository Corporations Survey, Domestic) 29,077 units per person 2008 up 972.0% 74th
Money, Seasonally adjusted (Depository Corporations Survey, Domestic) 13.5 units per US$ of GDP 2008 up 807.0% 59th
Domestic credit to private sector 12.1% 2020 down 10.1% 173rd
Money, Seasonally adjusted (Depository Corporations Survey, Domestic) 5.03 million units per square kilometre 2008 up 1,309.7% 52nd
Capital Accounts (Depository Corporations Survey, Domestic currency) 62.96 % change on previous year 2008 up 212.7% 11th
Capital Accounts (Depository Corporations Survey, Domestic currency) 23,219 units per person 2008 up 1,725.7% 57th
Reserve assets 45.75 billion US dollar 2025 up 61.8% 49th
Deposit interest rate 7.8% 2023 down 1.3% 28th
Banking crisis dummy 0 1=banking crisis, 0=none 2017 4th
Credit to government and state-owned enterprises to GDP 4.2% 2020 down 35.0% 151st
Total assets, Adjusted using IMF accounting records 125.82 billion US dollar 2025 up 66.3% 59th
Consolidated foreign claims of BIS reporting banks to GDP 7.1% 2020 up 234.1% 137th
Capital Accounts (Depository Corporations Survey, Domestic currency) 10.78 units per US$ of GDP 2008 up 1,444.6% 39th
Gold reserves at 35 SDRs per ounce 24.13 million SDR 2025 up 0.3% 66th
Gold reserves at market value 2.20 billion SDR 2025 up 318.3% 61st
Reserves excluding gold, foreign exchange 28.09 billion SDR 2025 up 49.9% 44th
Reserves excluding gold 31.41 billion SDR 2025 up 53.9% 45th
Total reserves (gold at market value) 33.61 billion SDR 2025 up 60.5% 54th
Total reserves (gold at national valuation) 33.58 billion SDR 2025 up 64.5% 53rd
Consumer price index 860.32 2010 = 100 2025 up 441.3% 13th