Bank or similar financial institution account, out of laborforce in Nigeria
Nigeria: Bank or similar financial institution account, out of laborforce was 40.6% in 2024. ▲ Rising
Bank or similar financial institution account, out of laborforce in Nigeria, 2011–2024
Source: World Bank. Measured in % age 15+.
Analysis
In 2024, bank or similar financial institution account, out of laborforce in Nigeria stood at 40.6%. That is the highest value across all 5 years on record.
The figure is up 38.2% on the previous year and up 23.0% over ten years.
Over the whole period, bank or similar financial institution account, out of laborforce in Nigeria peaked at 40.6% in 2024 and was at its lowest, 20.6%, in 2011.
That places Nigeria 70th out of 98 countries with data for 2024, putting it in the middle of the range.
Bank or similar financial institution account, out of laborforce in Nigeria, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 20.6% | — |
| 2014 | 33.0% | +60.1% |
| 2017 | 33.7% | +2.2% |
| 2021 | 29.3% | -12.9% |
| 2024 | 40.6% | +38.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.1% | 20.6% | 33.7% | 3 |
| 2020s | 35.0% | 29.3% | 40.6% | 2 |
Countries ranked near Nigeria
- 67 Azerbaijan 40.9% compare
- 68 Bolivia, Plurinational State of 40.8% compare
- 69 Viet Nam 40.7% compare
- 71 Jordan 32.8% compare
- 72 Peru 30.1% compare
- 73 Palestine, State of 30.0% compare
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is bank or similar financial institution account, out of laborforce in Nigeria?
- Bank or similar financial institution account, out of laborforce in Nigeria was 40.6% in 2024, according to the World Bank.
- What is the highest bank or similar financial institution account, out of laborforce recorded in Nigeria?
- The highest recorded value was 40.6% in 2024.
- What is the lowest bank or similar financial institution account, out of laborforce recorded in Nigeria?
- The lowest recorded value was 20.6% in 2011.
- How does Nigeria rank for bank or similar financial institution account, out of laborforce?
- Nigeria ranks 70th out of 98 countries with data for 2024.
- Is bank or similar financial institution account, out of laborforce rising or falling in Nigeria?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.
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CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).