Financial Sector in Nigeria

457 indicators covering financial sector for Nigeria.

IndicatorLatest Year10-yr change Rank
External loans and deposits of reporting banks vis-à-vis the 11.7% 2021 down 2.1% 71st
Automated teller machines (ATMs) 12.83 per 100,000 adults 2024 down 16.8% 145th
External loans and deposits of reporting banks vis-à-vis all sectors 35.2% 2021 up 33.3% 66th
External loans and deposits of reporting banks vis-à-vis the banking 23.4% 2021 up 62.7% 52nd
Reserve assets, Reserve position in the IMF, Adjusted using IMF 5.01 % change on previous year 2025 up 215.1% 73rd
Reserve assets (Assets, Positions, US dollar), per square kilometre 36,472 US dollar per square kilometre 2023 down 22.5% 115th
Reserve assets, Assets, Adjusted using IMF accounting records 6.70 billion 2024 up 179.3% 13th
Net errors and omissions, Net (credits less debits), Adjusted using -3.59 billion 2024 up 72.8% 180th
Primary income balance (credit less debit), Net (credits less debits) -6.63 billion 2024 up 65.4% 161st
Secondary income balance (credit less debit), Net (credits less) 24.04 billion 2024 up 9.6% 7th
Services balance (credit less debit), Net (credits less debits) -13.36 billion 2024 up 41.7% 184th
Total current account credit/revenue, Credit/Revenue 85.83 billion 2024 down 21.3% 54th
Current account balance (credit less debit), Net (credits less debits) 17.22 billion 2024 up 1,799.0% 21st
Goods balance (credit less debit), Net (credits less debits) 13.17 billion 2024 down 37.5% 32nd
Goods, Credit/Revenue 52.97 billion 2024 down 35.9% 51st
Primary income, Credit/Revenue 3.88 billion 2024 up 137.4% 66th
Services, Credit/Revenue 4.57 billion 2024 up 129.3% 98th
Other investment, Net acquisition of financial assets, Assets 4.64 billion 2024 down 50.9% 40th
Stocks traded, turnover ratio of domestic shares 2.8% 2024 down 65.3% 67th
Secondary income, Credit/Revenue 24.42 billion 2024 up 7.1% 18th
Reserve assets, Monetary gold 2.98 billion US dollar 2025 53rd
Total assets, Adjusted using IMF accounting records (Assets) 113,047 US dollar per square kilometre 2023 down 3.4% 120th
Capital account balance (credit less debit), Net (credits less debits) 0 2013 down 100.0% 135th
Total capital account credit/revenue, Credit/Revenue 0 2013 down 100.0% 176th
Reserve assets, Currency and deposits 24.54 billion US dollar 2025 up 54.2% 16th
Portfolio investment, Net acquisition of financial assets, Assets 322.10 million 2024 down 90.7% 83rd
Other investment, Trade credits and advances 2.00 billion US dollar 2025 up 30.4% 73rd
Direct investment, Net acquisition of financial assets, Assets 407.95 million 2024 down 74.7% 70th
Other investment, Loans, Deposit taking corporations, except the 67.55 million US dollar 2025 up 490.5% 104th
International investment position, Assets, Adjusted using IMF 116.67 billion 2024 up 16.8% 57th
Reserve assets, Adjusted using IMF accounting records (Assets) 36,730 US dollar per square kilometre 2023 down 21.9% 115th
Reserve assets, Other reserve (currency, deposits, securities) 30,096 US dollar per square kilometre 2023 down 31.9% 109th
Reserve assets, Special Drawing Rights (SDRs), Adjusted using IMF 4,819 US dollar per square kilometre 2023 up 70.1% 83rd
Deposit money bank assets to deposit money bank assets and central 55.4% 2021 down 41.4% 174th
Other investment, Currency and deposits, Deposit taking corporations 13,187 US dollar per square kilometre 2023 down 11.0% 100th
Market capitalization of listed domestic companies 86.94 billion current US$ 2025 up 74.0% 47th
Market capitalization of listed domestic companies 29.9% 2025 up 195.0% 56th
Inward Direct investment, Assets (gross), All financial instruments 680.56 million 2024 up 33.8% 47th
Outward Direct investment, Assets (gross), All financial instruments 63.33 million 2024 down 97.8% 99th
Reserve assets, Special Drawing Rights (SDRs) (Assets, Positions, US) 4,819 US dollar per square kilometre 2023 up 70.1% 79th
Real effective exchange rate index 73.92 2010 = 100 2025 down 38.4% 92nd
Other investment, Trade credits and advances, Other Sectors (BPM6) 1.80 billion US dollar 2025 up 113.3% 67th
Currency in circulation outside of depository corporations 5.36 trillion Domestic currency 2025 up 267.8% 22nd
Domestic Claims, Claims on Public Non-financial Corporations 54.44 billion 2008 up 5,778.2% 27th
Non-life insurance premium volume to GDP 0.2% 2018 down 41.1% 161st
Claims on other sectors of the domestic economy 17.0% 2022 up 143.8% 16th
Broad Money 126.82 trillion Domestic currency 2025 up 495.7% 11th
Securities issued by Central Government 0 Domestic currency 2022 5th
Deposits (including electronic money) in Non-financial corporations 0 Domestic currency 2021 15th
Currency issued by Central Government 0 Domestic currency 2022 10th
Loans from nonresident banks (amounts outstanding) to GDP 7.5% 2021 up 1,333.8% 111th
Other investment, Other accounts receivable, Deposit taking 135.30 million US dollar 2025 51st
Life insurance premium volume to GDP 0.1% 2018 up 78.4% 125th
Other investment, Trade credits and advances, Other Sectors (BPM6) 1.80 billion US dollar 2025 up 113.3% 57th
Bank concentration 59.3% 2021 up 31.0% 129th
Bank Z-score 12.19 2021 down 18.7% 109th
Liquid assets to deposits and short term funding 31.9% 2021 down 2.9% 106th
Portfolio investment, Equity and investment fund shares, Deposit 49.89 million US dollar 2025 up 145.4% 72nd
Bank noninterest income to total income 42.5% 2021 up 26.0% 56th
Bank cost to income ratio 65.0% 2021 down 2.8% 32nd