Saved at a financial institution or using a mobile money account in Nigeria
Nigeria: Saved at a financial institution or using a mobile money account was 43.4% in 2024. ▲ Rising
Saved at a financial institution or using a mobile money account in Nigeria, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
In 2024, saved at a financial institution or using a mobile money account in Nigeria stood at 43.4%. That is the highest value across all 5 years on record.
That represents a change of up 141.9% on the previous year and up 60.1% over ten years.
Over the whole period, saved at a financial institution or using a mobile money account in Nigeria peaked at 43.4% in 2024 and was at its lowest, 17.9%, in 2021.
That places Nigeria 13th out of 82 countries with data for 2024, putting it in the top quarter.
Saved at a financial institution or using a mobile money account in Nigeria, year by year
| Year | % age 15+ | Change |
|---|---|---|
| 2011 | 23.6% | — |
| 2014 | 27.1% | +14.7% |
| 2017 | 20.6% | -24.1% |
| 2021 | 17.9% | -12.8% |
| 2024 | 43.4% | +141.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.7% | 20.6% | 27.1% | 3 |
| 2020s | 30.6% | 17.9% | 43.4% | 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 financial institution or using a mobile money account in Nigeria?
- Saved at a financial institution or using a mobile money account in Nigeria was 43.4% in 2024, according to Global Findex Database.
- What is the highest saved at a financial institution or using a mobile money account recorded in Nigeria?
- The highest recorded value was 43.4% in 2024.
- What is the lowest saved at a financial institution or using a mobile money account recorded in Nigeria?
- The lowest recorded value was 17.9% in 2021.
- How does Nigeria rank for saved at a financial institution or using a mobile money account?
- Nigeria ranks 13th out of 82 countries with data for 2024.
- Is saved at a financial institution or using a mobile money account rising or falling in Nigeria?
- Over the last ten years it is up 60.1%. 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 financial institution or using a mobile money account (% 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).
About this data
The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)