Nigeria vs Sub-Saharan Africa: Adjusted savings: net national savings
Adjusted savings: net national savings over time
- Nigeria
- Sub-Saharan Africa
How they compare
Nigeria currently reports 23.7% against 14.4% in Sub-Saharan Africa, a difference of 9.3%.
That makes Nigeria's figure about 1.6 times Sub-Saharan Africa's.
The two have swapped places 2 times across 40 shared years of data; in 1981 it was Nigeria ahead.
Nigeria ranks 21st and Sub-Saharan Africa ranks 20th of 177 countries.
Nigeria has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Nigeria | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 57.3% | 6.2% | 51.1% | Nigeria |
| 1990s | 39.8% | 3.5% | 36.3% | Nigeria |
| 2000s | 28.9% | 8.6% | 20.3% | Nigeria |
| 2010s | 13.3% | 9.2% | 4.2% | Nigeria |
| 2020s | 21.1% | 13.2% | 7.9% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: net national savings, Nigeria or Sub-Saharan Africa?
- Nigeria, at 23.7% against 14.4% in Sub-Saharan Africa as of 2021.
- What is the difference in adjusted savings: net national savings between Nigeria and Sub-Saharan Africa?
- 9.3%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Sub-Saharan Africa?
- 40 years are reported by both, from 1981 to 2021.
- How do Nigeria and Sub-Saharan Africa rank globally for adjusted savings: net national savings?
- Nigeria ranks 21st and Sub-Saharan Africa ranks 20th of 177 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: net national savings (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.