Account, income, poorest 40% in Nigeria

Nigeria: Account, income, poorest 40% was 46.7% in 2024. ▲ Rising

Latest (2024)
46.7%
Change on year
up 43.0%
World rank
76th
of 103 countries
All-time high
46.7%
in 2024
All-time low
14.0%
in 2011
Years of data
5
2011–2024

Account, income, poorest 40% in Nigeria, 2011–2024

10203040502011201720242011: 14 % ages 15+2014: 30.5 % ages 15+2017: 24.5 % ages 15+2021: 32.7 % ages 15+2024: 46.7 % ages 15+

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

Analysis

Nigeria recorded 46.7% for account, income, poorest 40% in 2024. That is the highest value across all 5 years on record.

The figure is up 43.0% on the previous year and up 53.2% over ten years.

Over the whole period, account, income, poorest 40% in Nigeria peaked at 46.7% in 2024 and was at its lowest, 14.0%, in 2011.

That places Nigeria 76th out of 103 countries with data for 2024, putting it in the middle of the range.

Account, income, poorest 40% in Nigeria, year by year

Annual values for Account, income, poorest 40% (% ages 15+) in Nigeria, 2011 to 2024.
Year % ages 15+ Change
2011 14.0%
2014 30.5% +118.6%
2017 24.5% -19.6%
2021 32.7% +33.3%
2024 46.7% +43.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 23.0% 14.0% 30.5% 3
2020s 39.7% 32.7% 46.7% 2

Countries ranked near Nigeria

  1. 73 Botswana 49.4% compare
  2. 74 Indonesia 48.4% compare
  3. 75 Vietnam 48.1% compare
  4. 77 Bolivia 45.6% compare
  5. 78 Panama 45.5% compare
  6. 79 Cameroon 44.9% compare

See the full ranking of 115 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is account, income, poorest 40% in Nigeria?
Account, income, poorest 40% in Nigeria was 46.7% in 2024, according to Global Findex database.
What is the highest account, income, poorest 40% recorded in Nigeria?
The highest recorded value was 46.7% in 2024.
What is the lowest account, income, poorest 40% recorded in Nigeria?
The lowest recorded value was 14.0% in 2011.
How does Nigeria rank for account, income, poorest 40%?
Nigeria ranks 76th out of 103 countries with data for 2024.
Is account, income, poorest 40% rising or falling in Nigeria?
Over the last ten years it is up 53.2%. 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, income, poorest 40% (% ages 15+). Statizoid updates them automatically from the source API.

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Account, income, poorest 40% in Nigeria. Statizoid, drawing on Global Findex database. Retrieved 28 August 2026, from https://reference.statizoid.com/stat/account-income-poorest-40-percent-percent-ages-15/nigeria/

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About this data

Indicator
Account, income, poorest 40% (% ages 15+)
Unit
% ages 15+
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
115 places, 575 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"), poorest 40% (% ages 15+)