Bank or similar financial institution account, men in Nigeria

Nigeria: Bank or similar financial institution account, men was 70.1% in 2024. ▲ Rising

Latest (2024)
70.1%
Change on year
up 26.9%
World rank
62nd
of 103 countries
All-time high
70.1%
in 2024
All-time low
33.3%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, men in Nigeria, 2011–2024

0204060802011201720242011: 33.3 % age 15+2014: 54.3 % age 15+2017: 51.1 % age 15+2021: 55.3 % age 15+2024: 70.1 % age 15+

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

Analysis

In 2024, bank or similar financial institution account, men in Nigeria stood at 70.1%. That is the highest value across all 5 years on record.

The figure is up 26.9% on the previous year and up 29.2% over ten years.

Over the whole period, bank or similar financial institution account, men in Nigeria peaked at 70.1% in 2024 and was at its lowest, 33.3%, in 2011.

That places Nigeria 62nd out of 103 countries with data for 2024, putting it in the middle of the range.

Bank or similar financial institution account, men in Nigeria, year by year

Annual values for Bank or similar financial institution account, men (% age 15+) in Nigeria, 2011 to 2024.
Year % age 15+ Change
2011 33.3%
2014 54.3% +63.1%
2017 51.1% -5.9%
2021 55.3% +8.2%
2024 70.1% +26.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s 46.2% 33.3% 54.3% 3
2020s 62.7% 55.3% 70.1% 2

Countries ranked near Nigeria

  1. 59 Armenia 74.2% compare
  2. 60 Romania 72.9% compare
  3. 61 Viet Nam 70.3% compare
  4. 63 Argentina 68.4% compare
  5. 64 Panama 67.1% compare
  6. 65 Azerbaijan 67.0% compare

See the full ranking of 115 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is bank or similar financial institution account, men in Nigeria?
Bank or similar financial institution account, men in Nigeria was 70.1% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account, men recorded in Nigeria?
The highest recorded value was 70.1% in 2024.
What is the lowest bank or similar financial institution account, men recorded in Nigeria?
The lowest recorded value was 33.3% in 2011.
How does Nigeria rank for bank or similar financial institution account, men?
Nigeria ranks 62nd out of 103 countries with data for 2024.
Is bank or similar financial institution account, men rising or falling in Nigeria?
Over the last ten years it is up 29.2%. 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 Bank or similar financial institution account, men (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, men in Nigeria. Statizoid, drawing on Global Findex Database. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-men-percent-age-15/nigeria/

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About this data

Indicator
Bank or similar financial institution account, men (% age 15+)
Unit
% age 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 similar financial institution, men (% age 15+)