Outstanding loans per 1,000 adults in Nigeria

Nigeria: Outstanding loans per 1,000 adults was 147.23 in 2017. ▲ Rising

Latest (2017)
147.23
Change on year
down 5.0%
World rank
60th
of 177 countries
All-time high
154.99
in 2016
All-time low
80.34
in 2011
Years of data
7
2011–2017

Outstanding loans per 1,000 adults in Nigeria, 2011–2017

0501001502011201420172011: 80.32012: 87.32013: 104.82014: 130.92015: 130.52016: 1552017: 147.2

Source: World Bank.

Analysis

The most recent figure for outstanding loans per 1,000 adults in Nigeria is 147.23, measured in 2017.

Compared with earlier readings it is down 5.0% on the previous year and up 83.3% over ten years.

That places Nigeria 60th out of 177 countries with data for 2017, putting it in the middle of the range.

Outstanding loans per 1,000 adults in Nigeria, year by year

Annual values for Outstanding loans per 1,000 adults in Nigeria, 2011 to 2017.
Year Value Change
2011 80.34
2012 87.27 +8.6%
2013 104.75 +20.0%
2014 130.87 +24.9%
2015 130.52 -0.3%
2016 154.99 +18.7%
2017 147.23 -5.0%

Nigeria compared with similar countries

  • Nigeria's 147.23 is above the median for lower middle income countries, which is 80.66, 1.8× the median. (43 countries reporting)
  • Nigeria's 147.23 is above the median for Sub-Saharan Africa, which is 93.52, 1.6× the median. (39 countries reporting)

Countries ranked near Nigeria

  1. 57 Switzerland 158.03 compare
  2. 58 Djibouti 155.19 compare
  3. 59 Israel 147.25 compare
  4. 61 Bhutan 142.28 compare
  5. 62 Singapore 136.63 compare
  6. 63 Australia 120.72 compare

See the full ranking of 177 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is outstanding loans per 1,000 adults in Nigeria?
Outstanding loans per 1,000 adults in Nigeria was 147.23 in 2017, according to the World Bank.
What is the highest outstanding loans per 1,000 adults recorded in Nigeria?
The highest recorded value was 154.99 in 2016.
What is the lowest outstanding loans per 1,000 adults recorded in Nigeria?
The lowest recorded value was 80.34 in 2011.
How does Nigeria rank for outstanding loans per 1,000 adults?
Nigeria ranks 60th out of 177 countries with data for 2017.
Is outstanding loans per 1,000 adults rising or falling in Nigeria?
Over the last ten years it is up 83.3%. 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 Outstanding loans per 1,000 adults. Statizoid updates them automatically from the source API.

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Outstanding loans per 1,000 adults in Nigeria. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/outstanding-loans-per-1-000-adults/nigeria/

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About this data

Indicator
Outstanding loans per 1,000 adults
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
177 places, 1,212 data points, 2011–2017
Last refreshed