Account, young in Nigeria

Nigeria: Account, young was 44.4% in 2024. ▲ Rising

Latest (2024)
44.4%
Change on year
up 27.4%
World rank
85th
of 107 countries
All-time high
44.4%
in 2024
All-time low
21.5%
in 2011
Years of data
5
2011–2024

Account, young in Nigeria, 2011–2024

0102030402011201720242011: 21.5 % ages 15-242014: 35.7 % ages 15-242017: 32.6 % ages 15-242021: 34.9 % ages 15-242024: 44.4 % ages 15-24

Source: Global Findex database. Measured in % ages 15-24.

Analysis

The most recent figure for account, young in Nigeria is 44.4%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 27.4% on the previous year and up 24.3% over ten years.

Over the whole period, account, young in Nigeria peaked at 44.4% in 2024 and was at its lowest, 21.5%, in 2011.

That places Nigeria 85th out of 107 countries with data for 2024, putting it in the bottom quarter.

Account, young in Nigeria, year by year

Annual values for Account, young (% ages 15-24) in Nigeria, 2011 to 2024.
Year % ages 15-24 Change
2011 21.5%
2014 35.7% +66.5%
2017 32.6% -8.8%
2021 34.9% +7.0%
2024 44.4% +27.4%

Nigeria compared with similar countries

  • Nigeria's 44.4% is above the median for lower middle income countries, which is 43.2%, 1.0× the median. (22 countries reporting)
  • Nigeria's 44.4% is below the median for Sub-Saharan Africa, which is 53.2%, 84% of the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 29.9% 21.5% 35.7% 3
2020s 39.7% 34.9% 44.4% 2

Countries ranked near Nigeria

  1. 82 Dominican Republic 47.4% compare
  2. 83 Burkina Faso 47.3% compare
  3. 84 Mexico 44.7% compare
  4. 86 Benin 42.0% compare
  5. 87 Kosovo 41.4% compare
  6. 87 Kosovo (UNSCR 1244) 41.4% compare

See the full ranking of 119 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is account, young in Nigeria?
Account, young in Nigeria was 44.4% in 2024, according to Global Findex database.
What is the highest account, young recorded in Nigeria?
The highest recorded value was 44.4% in 2024.
What is the lowest account, young recorded in Nigeria?
The lowest recorded value was 21.5% in 2011.
How does Nigeria rank for account, young?
Nigeria ranks 85th out of 107 countries with data for 2024.
Is account, young rising or falling in Nigeria?
Over the last ten years it is up 24.3%. 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, young (% ages 15-24). Statizoid updates them automatically from the source API.

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Account, young in Nigeria. Statizoid, drawing on Global Findex database. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/account-young-percent-ages-15-24/nigeria/

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About this data

Indicator
Account, young (% ages 15-24)
Unit
% ages 15-24
Source
Global Findex database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
119 places, 595 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"), young (% ages 15-24)