Saved at a bank or similar financial institution in Nigeria
Nigeria: Saved at a bank or similar financial institution was 37.7% in 2024. ▲ Rising
Saved at a bank or similar financial institution in Nigeria, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
Nigeria recorded 37.7% for saved at a bank or similar financial institution in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 112.6% on the previous year and up 39.3% over ten years.
Over the whole period, saved at a bank or similar financial institution in Nigeria peaked at 37.7% in 2024 and was at its lowest, 17.7%, in 2021.
Nigeria ranks 8th of 80 countries on this measure, in the top 10%.
Saved at a bank or similar financial institution in Nigeria, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 23.6% | — |
| 2014 | 27.1% | +14.7% |
| 2017 | 20.6% | -24.1% |
| 2021 | 17.7% | -13.7% |
| 2024 | 37.7% | +112.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.7% | 20.6% | 27.1% | 3 |
| 2020s | 27.7% | 17.7% | 37.7% | 2 |
Countries ranked near Nigeria
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 saved at a bank or similar financial institution in Nigeria?
- Saved at a bank or similar financial institution in Nigeria was 37.7% in 2024, according to Global Findex Database.
- What is the highest saved at a bank or similar financial institution recorded in Nigeria?
- The highest recorded value was 37.7% in 2024.
- What is the lowest saved at a bank or similar financial institution recorded in Nigeria?
- The lowest recorded value was 17.7% in 2021.
- How does Nigeria rank for saved at a bank or similar financial institution?
- Nigeria ranks 8th out of 80 countries with data for 2024.
- Is saved at a bank or similar financial institution 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 Global Findex Database, published as part of Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)