Bank or similar financial institution account, poorest 40% in Nigeria
Nigeria: Bank or similar financial institution account, poorest 40% was 41.7% in 2024. ▲ Rising
Latest (2024)
41.7%
Change on year
up 28.2%
World rank
71st
of 102 countries
All-time high
41.7%
in 2024
All-time low
14.0%
in 2011
Years of data
5
2011–2024
Bank or similar financial institution account, poorest 40% in Nigeria, 2011–2024
Source: World Bank. Measured in % age 15+.
Analysis
Nigeria recorded 41.7% for bank or similar financial institution account, poorest 40% in 2024. That is the highest value across all 5 years on record.
The figure is up 28.2% on the previous year and up 39.3% over ten years.
Over the whole period, bank or similar financial institution account, poorest 40% in Nigeria peaked at 41.7% in 2024 and was at its lowest, 14.0%, in 2011.
Nigeria ranks 71st of 102 countries on this measure, in the middle of the range.
Bank or similar financial institution account, poorest 40% in Nigeria, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 14.0% | — |
| 2014 | 29.9% | +114.5% |
| 2017 | 24.5% | -18.1% |
| 2021 | 32.5% | +32.6% |
| 2024 | 41.7% | +28.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 22.8% | 14.0% | 29.9% | 3 |
| 2020s | 37.1% | 32.5% | 41.7% | 2 |
Countries ranked near Nigeria
- 68 Indonesia 45.1% compare
- 69 Republic of Moldova 43.5% compare
- 70 Bolivia, Plurinational State of 42.0% compare
- 72 Panama 41.2% compare
- 73 Azerbaijan 41.2% compare
- 74 Mexico 39.4% 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, poorest 40% in Nigeria?
- Bank or similar financial institution account, poorest 40% in Nigeria was 41.7% in 2024, according to the World Bank.
- What is the highest bank or similar financial institution account, poorest 40% recorded in Nigeria?
- The highest recorded value was 41.7% in 2024.
- What is the lowest bank or similar financial institution account, poorest 40% recorded in Nigeria?
- The lowest recorded value was 14.0% in 2011.
- How does Nigeria rank for bank or similar financial institution account, poorest 40%?
- Nigeria ranks 71st out of 102 countries with data for 2024.
- Is bank or similar financial institution account, poorest 40% rising or falling in Nigeria?
- Over the last ten years it is up 39.3%. 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, poorest 40% (% age 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).