Account in Nigeria

Nigeria: Account was 63.3% in 2024. ▲ Rising

Latest (2024)
63.3%
Change on year
up 39.6%
World rank
74th
of 116 countries
All-time high
63.3%
in 2024
All-time low
29.7%
in 2011
Years of data
5
2011–2024

Account in Nigeria, 2011–2024

02040602011201720242011: 29.7 % age 15+2014: 44.4 % age 15+2017: 39.7 % age 15+2021: 45.3 % age 15+2024: 63.3 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for account in Nigeria is 63.3%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 39.6% on the previous year and up 42.3% over ten years.

Over the whole period, account in Nigeria peaked at 63.3% in 2024 and was at its lowest, 29.7%, in 2011.

Nigeria ranks 74th of 116 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 37.9% 29.7% 44.4% 3
2020s 54.3% 45.3% 63.3% 2

Countries ranked near Nigeria

  1. 71 Dominican Republic 64.8% compare
  2. 72 Ecuador 64.5% compare
  3. 73 Panama 64.1% compare
  4. 75 Botswana 61.4% compare
  5. 76 Cameroon 60.9% compare
  6. 77 Nepal 60.0% compare

See the full ranking of 129 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is account in Nigeria?
Account in Nigeria was 63.3% in 2024, according to Global Findex Database.
What is the highest account recorded in Nigeria?
The highest recorded value was 63.3% in 2024.
What is the lowest account recorded in Nigeria?
The lowest recorded value was 29.7% in 2011.
How does Nigeria rank for account?
Nigeria ranks 74th out of 116 countries with data for 2024.
Is account rising or falling in Nigeria?
Over the last ten years it is up 42.3%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Global Findex Database, published as part of Account (% age 15+). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
129 places, 645 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or similar financial institution (see the definition for "bank or similar financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), (% age 15+)