Adjusted savings: gross savings (current US$), annual growth rate in Nigeria
Nigeria: Adjusted savings: gross savings (current US$), annual growth rate was 20.81 % change on previous year in 2021. ◆ Volatile
Adjusted savings: gross savings (current US$), annual growth rate in Nigeria, 1982–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2021, adjusted savings: gross savings (current us$), annual growth rate in Nigeria stood at 20.81 % change on previous year.
The figure is down 9.1% on the previous year and up 23.4% over ten years.
Over the whole period, adjusted savings: gross savings (current us$), annual growth rate in Nigeria peaked at 86.67 % change on previous year in 2006 and was at its lowest, -46.13 % change on previous year, in 1993.
That places Nigeria 65th out of 177 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings (current US$), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1982 | -15.79 % change on previous year | — |
| 1983 | -39.09 % change on previous year | +147.5% |
| 1984 | -39.24 % change on previous year | +0.4% |
| 1985 | -19.96 % change on previous year | -49.1% |
| 1986 | -18 % change on previous year | -9.8% |
| 1987 | -7.24 % change on previous year | -59.7% |
| 1988 | -12.34 % change on previous year | +70.3% |
| 1989 | 18.85 % change on previous year | -252.8% |
| 1990 | 12.63 % change on previous year | -33.0% |
| 1991 | -13.15 % change on previous year | -204.2% |
| 1992 | -15.61 % change on previous year | +18.7% |
| 1993 | -46.13 % change on previous year | +195.4% |
| 1994 | 9.19 % change on previous year | -119.9% |
| 1995 | 33.15 % change on previous year | +260.8% |
| 1996 | 7.77 % change on previous year | -76.5% |
| 1997 | 13.95 % change on previous year | +79.4% |
| 1998 | -19.2 % change on previous year | -237.7% |
| 1999 | 51.14 % change on previous year | -366.4% |
| 2000 | 28.12 % change on previous year | -45.0% |
| 2001 | -29.44 % change on previous year | -204.7% |
| 2002 | 11.53 % change on previous year | -139.2% |
| 2003 | 3.14 % change on previous year | -72.8% |
| 2004 | 43.43 % change on previous year | +1284.9% |
| 2005 | 55.45 % change on previous year | +27.7% |
| 2006 | 86.67 % change on previous year | +56.3% |
| 2007 | -37.36 % change on previous year | -143.1% |
| 2008 | 45.73 % change on previous year | -222.4% |
| 2009 | -32.48 % change on previous year | -171.0% |
| 2010 | 21.59 % change on previous year | -166.5% |
| 2011 | 16.87 % change on previous year | -21.9% |
| 2012 | 47.44 % change on previous year | +181.3% |
| 2013 | -34.94 % change on previous year | -173.7% |
| 2014 | 28.1 % change on previous year | -180.4% |
| 2015 | -34.65 % change on previous year | -223.3% |
| 2016 | -23.27 % change on previous year | -32.8% |
| 2017 | 7.03 % change on previous year | -130.2% |
| 2018 | 16.2 % change on previous year | +130.3% |
| 2019 | 26.12 % change on previous year | +61.3% |
| 2020 | 22.89 % change on previous year | -12.4% |
| 2021 | 20.81 % change on previous year | -9.1% |
Nigeria compared with similar countries
- Nigeria's 20.81 % change on previous year is above the median for lower middle income countries, which is 10.95 % change on previous year, 1.9× the median. (46 countries reporting)
- Nigeria's 20.81 % change on previous year is above the median for Sub-Saharan Africa, which is 14.42 % change on previous year, 1.4× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings (current US$), annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +1284.9% | 3.14 % change on previous year | 43.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -16.6 % change on previous year | -39.24 % change on previous year | 18.85 % change on previous year | 8 |
| 1990s | 3.37 % change on previous year | -46.13 % change on previous year | 51.14 % change on previous year | 10 |
| 2000s | 17.48 % change on previous year | -37.36 % change on previous year | 86.67 % change on previous year | 10 |
| 2010s | 7.05 % change on previous year | -34.94 % change on previous year | 47.44 % change on previous year | 10 |
| 2020s | 21.85 % change on previous year | 20.81 % change on previous year | 22.89 % change on previous year | 2 |
Countries ranked near Nigeria
- 62 Serbia 21.83 % change on previous year compare
- 63 Democratic Republic of Congo 21.45 % change on previous year compare
- 64 Switzerland 21 % change on previous year compare
- 66 Malaysia 20.78 % change on previous year compare
- 67 North Macedonia 20.22 % change on previous year compare
- 68 Portugal 19.89 % change on previous year compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings (current us$), annual growth rate in Nigeria?
- Adjusted savings: gross savings (current us$), annual growth rate in Nigeria was 20.81 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: gross savings (current us$), annual growth rate recorded in Nigeria?
- The highest recorded value was 86.67 % change on previous year in 2006.
- What is the lowest adjusted savings: gross savings (current us$), annual growth rate recorded in Nigeria?
- The lowest recorded value was -46.13 % change on previous year in 1993.
- How does Nigeria rank for adjusted savings: gross savings (current us$), annual growth rate?
- Nigeria ranks 65th out of 177 countries with data for 2021.
- Is adjusted savings: gross savings (current us$), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is up 23.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Adjusted savings: gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Adjusted savings: gross savings World Bank national accounts data files
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Adjusted savings: gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.