Adjusted savings: gross savings (current US$), per unit of GDP in Nigeria
Nigeria: Adjusted savings: gross savings (current US$), per unit of GDP was 0.2451 current US$ per US$ of GDP in 2021. ◆ Volatile
Adjusted savings: gross savings (current US$), per unit of GDP in Nigeria, 1981–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Nigeria recorded 0.2451 current US$ per US$ of GDP for adjusted savings: gross savings (current us$), per unit of gdp in 2021.
Compared with earlier readings it is up 18.7% on the previous year and down 2.4% over ten years.
Over the whole period, adjusted savings: gross savings (current us$), per unit of gdp in Nigeria peaked at 0.871 current US$ per US$ of GDP in 1981 and was at its lowest, 0.0832 current US$ per US$ of GDP, in 1998.
Nigeria ranks 75th of 178 countries on this measure, 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$), per unit of GDP in Nigeria, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.871 current US$ per US$ of GDP | — |
| 1982 | 0.8449 current US$ per US$ of GDP | -3.0% |
| 1983 | 0.7567 current US$ per US$ of GDP | -10.4% |
| 1984 | 0.6075 current US$ per US$ of GDP | -19.7% |
| 1985 | 0.4845 current US$ per US$ of GDP | -20.2% |
| 1986 | 0.5346 current US$ per US$ of GDP | +10.3% |
| 1987 | 0.516 current US$ per US$ of GDP | -3.5% |
| 1988 | 0.4799 current US$ per US$ of GDP | -7.0% |
| 1989 | 0.6435 current US$ per US$ of GDP | +34.1% |
| 1990 | 0.5902 current US$ per US$ of GDP | -8.3% |
| 1991 | 0.4653 current US$ per US$ of GDP | -21.2% |
| 1992 | 0.449 current US$ per US$ of GDP | -3.5% |
| 1993 | 0.222 current US$ per US$ of GDP | -50.6% |
| 1994 | 0.171 current US$ per US$ of GDP | -23.0% |
| 1995 | 0.1299 current US$ per US$ of GDP | -24.0% |
| 1996 | 0.1062 current US$ per US$ of GDP | -18.2% |
| 1997 | 0.1119 current US$ per US$ of GDP | +5.4% |
| 1998 | 0.0832 current US$ per US$ of GDP | -25.7% |
| 1999 | 0.4642 current US$ per US$ of GDP | +458.2% |
| 2000 | 0.5085 current US$ per US$ of GDP | +9.5% |
| 2001 | 0.3374 current US$ per US$ of GDP | -33.7% |
| 2002 | 0.2912 current US$ per US$ of GDP | -13.7% |
| 2003 | 0.2726 current US$ per US$ of GDP | -6.4% |
| 2004 | 0.3016 current US$ per US$ of GDP | +10.7% |
| 2005 | 0.3623 current US$ per US$ of GDP | +20.1% |
| 2006 | 0.4983 current US$ per US$ of GDP | +37.5% |
| 2007 | 0.2675 current US$ per US$ of GDP | -46.3% |
| 2008 | 0.3195 current US$ per US$ of GDP | +19.5% |
| 2009 | 0.2483 current US$ per US$ of GDP | -22.3% |
| 2010 | 0.2426 current US$ per US$ of GDP | -2.3% |
| 2011 | 0.2511 current US$ per US$ of GDP | +3.5% |
| 2012 | 0.3307 current US$ per US$ of GDP | +31.7% |
| 2013 | 0.1919 current US$ per US$ of GDP | -42.0% |
| 2014 | 0.2227 current US$ per US$ of GDP | +16.0% |
| 2015 | 0.1695 current US$ per US$ of GDP | -23.9% |
| 2016 | 0.1585 current US$ per US$ of GDP | -6.5% |
| 2017 | 0.1827 current US$ per US$ of GDP | +15.3% |
| 2018 | 0.1891 current US$ per US$ of GDP | +3.5% |
| 2019 | 0.1505 current US$ per US$ of GDP | -20.4% |
| 2020 | 0.2065 current US$ per US$ of GDP | +37.2% |
| 2021 | 0.2451 current US$ per US$ of GDP | +18.7% |
Nigeria compared with similar countries
- Nigeria's 0.2451 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.2002 current US$ per US$ of GDP, 1.2× the median. (46 countries reporting)
- Nigeria's 0.2451 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.1598 current US$ per US$ of GDP, 1.5× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings (current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +458.2% | 0.0832 current US$ per US$ of GDP | 0.4642 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6376 current US$ per US$ of GDP | 0.4799 current US$ per US$ of GDP | 0.871 current US$ per US$ of GDP | 9 |
| 1990s | 0.2793 current US$ per US$ of GDP | 0.0832 current US$ per US$ of GDP | 0.5902 current US$ per US$ of GDP | 10 |
| 2000s | 0.3407 current US$ per US$ of GDP | 0.2483 current US$ per US$ of GDP | 0.5085 current US$ per US$ of GDP | 10 |
| 2010s | 0.2089 current US$ per US$ of GDP | 0.1505 current US$ per US$ of GDP | 0.3307 current US$ per US$ of GDP | 10 |
| 2020s | 0.2258 current US$ per US$ of GDP | 0.2065 current US$ per US$ of GDP | 0.2451 current US$ per US$ of GDP | 2 |
Countries ranked near Nigeria
- 72 Kazakhstan 0.2554 current US$ per US$ of GDP compare
- 73 Ecuador 0.2517 current US$ per US$ of GDP compare
- 74 Croatia 0.2482 current US$ per US$ of GDP compare
- 76 France 0.243 current US$ per US$ of GDP compare
- 77 Lesotho 0.2407 current US$ per US$ of GDP compare
- 78 Senegal 0.2306 current US$ per US$ of GDP 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$), per unit of gdp in Nigeria?
- Adjusted savings: gross savings (current us$), per unit of gdp in Nigeria was 0.2451 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: gross savings (current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.871 current US$ per US$ of GDP in 1981.
- What is the lowest adjusted savings: gross savings (current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0832 current US$ per US$ of GDP in 1998.
- How does Nigeria rank for adjusted savings: gross savings (current us$), per unit of gdp?
- Nigeria ranks 75th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings (current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is down 2.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: gross savings (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: gross savings World Bank national accounts data files
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.