Adjusted savings: gross savings (current US$) in Nigeria
Nigeria: Adjusted savings: gross savings was 149.32 billion current US$ in 2021. ◆ Volatile
Latest (2021)
149.32 billion current US$
Change on year
up 20.8%
World rank
27th
of 178 countries
All-time high
153.43 billion current US$
in 2012
All-time low
12.59 billion current US$
in 1993
Years of data
41
1981–2021
Adjusted savings: gross savings in Nigeria, 1981–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
The most recent figure for adjusted savings: gross savings in Nigeria is 149.32 billion current US$, measured in 2021.
That represents a change of up 20.8% on the previous year and up 43.5% over ten years.
Over the whole period, adjusted savings: gross savings in Nigeria peaked at 153.43 billion current US$ in 2012 and was at its lowest, 12.59 billion current US$, in 1993.
That places Nigeria 27th out of 178 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 143.25 billion current US$ | — |
| 1982 | 120.63 billion current US$ | -15.8% |
| 1983 | 73.47 billion current US$ | -39.1% |
| 1984 | 44.64 billion current US$ | -39.2% |
| 1985 | 35.73 billion current US$ | -20.0% |
| 1986 | 29.30 billion current US$ | -18.0% |
| 1987 | 27.18 billion current US$ | -7.2% |
| 1988 | 23.83 billion current US$ | -12.3% |
| 1989 | 28.32 billion current US$ | +18.9% |
| 1990 | 31.89 billion current US$ | +12.6% |
| 1991 | 27.70 billion current US$ | -13.2% |
| 1992 | 23.37 billion current US$ | -15.6% |
| 1993 | 12.59 billion current US$ | -46.1% |
| 1994 | 13.75 billion current US$ | +9.2% |
| 1995 | 18.31 billion current US$ | +33.1% |
| 1996 | 19.73 billion current US$ | +7.8% |
| 1997 | 22.48 billion current US$ | +13.9% |
| 1998 | 18.17 billion current US$ | -19.2% |
| 1999 | 27.46 billion current US$ | +51.1% |
| 2000 | 35.18 billion current US$ | +28.1% |
| 2001 | 24.82 billion current US$ | -29.4% |
| 2002 | 27.68 billion current US$ | +11.5% |
| 2003 | 28.55 billion current US$ | +3.1% |
| 2004 | 40.95 billion current US$ | +43.4% |
| 2005 | 63.65 billion current US$ | +55.5% |
| 2006 | 118.82 billion current US$ | +86.7% |
| 2007 | 74.43 billion current US$ | -37.4% |
| 2008 | 108.47 billion current US$ | +45.7% |
| 2009 | 73.24 billion current US$ | -32.5% |
| 2010 | 89.05 billion current US$ | +21.6% |
| 2011 | 104.07 billion current US$ | +16.9% |
| 2012 | 153.43 billion current US$ | +47.4% |
| 2013 | 99.82 billion current US$ | -34.9% |
| 2014 | 127.87 billion current US$ | +28.1% |
| 2015 | 83.57 billion current US$ | -34.6% |
| 2016 | 64.12 billion current US$ | -23.3% |
| 2017 | 68.63 billion current US$ | +7.0% |
| 2018 | 79.75 billion current US$ | +16.2% |
| 2019 | 100.58 billion current US$ | +26.1% |
| 2020 | 123.60 billion current US$ | +22.9% |
| 2021 | 149.32 billion current US$ | +20.8% |
Nigeria compared with similar countries
- Nigeria's 149.32 billion current US$ is above the median for lower middle income countries, which is 3.62 billion current US$, 41.2× the median. (46 countries reporting)
- Nigeria's 149.32 billion current US$ is above the median for Sub-Saharan Africa, which is 2.33 billion current US$, 64.2× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 58.48 billion current US$ | 23.83 billion current US$ | 143.25 billion current US$ | 9 |
| 1990s | 21.54 billion current US$ | 12.59 billion current US$ | 31.89 billion current US$ | 10 |
| 2000s | 59.58 billion current US$ | 24.82 billion current US$ | 118.82 billion current US$ | 10 |
| 2010s | 97.09 billion current US$ | 64.12 billion current US$ | 153.43 billion current US$ | 10 |
| 2020s | 136.46 billion current US$ | 123.60 billion current US$ | 149.32 billion current US$ | 2 |
Countries ranked near Nigeria
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 in Nigeria?
- Adjusted savings: gross savings in Nigeria was 149.32 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Nigeria?
- The highest recorded value was 153.43 billion current US$ in 2012.
- What is the lowest adjusted savings: gross savings recorded in Nigeria?
- The lowest recorded value was 12.59 billion current US$ in 1993.
- How does Nigeria rank for adjusted savings: gross savings?
- Nigeria ranks 27th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Nigeria?
- Over the last ten years it is up 43.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.