Account, in labor force in Nigeria

Nigeria: Account, in labor force was 71.1% in 2024. ▲ Rising

Latest (2024)
71.1%
Change on year
up 33.2%
World rank
67th
of 97 countries
All-time high
71.1%
in 2024
All-time low
34.7%
in 2011
Years of data
5
2011–2024

Account, in labor force in Nigeria, 2011–2024

0204060802011201720242011: 34.7 % age 15+2014: 52 % age 15+2017: 42.4 % age 15+2021: 53.3 % age 15+2024: 71.1 % age 15+

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

Analysis

The most recent figure for account, in labor force in Nigeria is 71.1%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 33.2% on the previous year and up 36.8% over ten years.

Over the whole period, account, in labor force in Nigeria peaked at 71.1% in 2024 and was at its lowest, 34.7%, in 2011.

That places Nigeria 67th out of 97 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 43.0% 34.7% 52.0% 3
2020s 62.2% 53.3% 71.1% 2

Countries ranked near Nigeria

  1. 64 Dominican Republic 75.2% compare
  2. 65 Panama 73.0% compare
  3. 66 Albania 73.0% compare
  4. 68 Azerbaijan 70.1% compare
  5. 69 Cameroon 69.0% compare
  6. 70 Peru 67.1% compare

See the full ranking of 110 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is account, in labor force in Nigeria?
Account, in labor force in Nigeria was 71.1% in 2024, according to Global Findex database.
What is the highest account, in labor force recorded in Nigeria?
The highest recorded value was 71.1% in 2024.
What is the lowest account, in labor force recorded in Nigeria?
The lowest recorded value was 34.7% in 2011.
How does Nigeria rank for account, in labor force?
Nigeria ranks 67th out of 97 countries with data for 2024.
Is account, in labor force rising or falling in Nigeria?
Over the last ten years it is up 36.8%. 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, in labor force (% age 15+). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Account, in labor force (% age 15+)
Unit
% age 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 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 another type of financial institution (see the definition for "financial institution account") or report personally using a mobile money service in the past year (see the definition for "mobile money account"), in labor force (% age 15+)