Adjusted savings: net national savings in Nigeria
Nigeria: Adjusted savings: net national savings was 100.36 billion current US$ in 2021. ◆ Volatile
Adjusted savings: net national savings in Nigeria, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Nigeria recorded 100.36 billion current US$ for adjusted savings: net national savings in 2021.
Compared with earlier readings it is up 30.1% on the previous year and up 43.6% over ten years.
Over the whole period, adjusted savings: net national savings in Nigeria peaked at 125.99 billion current US$ in 1981 and was at its lowest, 10.58 billion current US$, in 1993.
Nigeria ranks 16th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 50.30 billion current US$ | 19.47 billion current US$ | 125.99 billion current US$ | 9 |
| 1990s | 17.97 billion current US$ | 10.58 billion current US$ | 27.69 billion current US$ | 10 |
| 2000s | 46.96 billion current US$ | 19.71 billion current US$ | 101.99 billion current US$ | 10 |
| 2010s | 57.29 billion current US$ | 27.40 billion current US$ | 114.66 billion current US$ | 10 |
| 2020s | 88.76 billion current US$ | 77.16 billion current US$ | 100.36 billion current US$ | 2 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- DEC alternative conversion factor 1,518 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 35.23 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 23.20 billion current US$ (2025)
- Taxes less subsidies on products 10.36 trillion current LCU (2025)
- Taxes less subsidies on products 6.82 billion current US$ (2025)
- Net primary income (Net income from abroad) -13.80 trillion current LCU (2025)
- Net primary income (Net income from abroad) -9.09 billion current US$ (2025)
- GNI per capita 1.80 million current LCU (2025)
- GNI per capita, Atlas method 1,360 current US$ (2025)
- GNI 427.73 trillion current LCU (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Nigeria?
- Adjusted savings: net national savings in Nigeria was 100.36 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Nigeria?
- The highest recorded value was 125.99 billion current US$ in 1981.
- What is the lowest adjusted savings: net national savings recorded in Nigeria?
- The lowest recorded value was 10.58 billion current US$ in 1993.
- How does Nigeria rank for adjusted savings: net national savings?
- Nigeria ranks 16th out of 176 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Nigeria?
- Over the last ten years it is up 43.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.