Adjusted savings: net national savings (current US$), per unit of GDP in Nigeria
Nigeria: Adjusted savings: net national savings (current US$), per unit of GDP was 0.1648 current US$ per US$ of GDP in 2021. ◆ Volatile
Adjusted savings: net national savings (current US$), per unit of GDP in Nigeria, 1981–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for adjusted savings: net national savings (current us$), per unit of gdp in Nigeria is 0.1648 current US$ per US$ of GDP, measured in 2021.
The figure is up 27.8% on the previous year and down 2.3% over ten years.
Over the whole period, adjusted savings: net national savings (current us$), per unit of gdp in Nigeria peaked at 0.766 current US$ per US$ of GDP in 1981 and was at its lowest, 0.0646 current US$ per US$ of GDP, in 1998.
That places Nigeria 45th out of 177 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: net national savings (current US$), per unit of GDP in Nigeria, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1981 | 0.766 current US$ per US$ of GDP | — |
| 1982 | 0.7422 current US$ per US$ of GDP | -3.1% |
| 1983 | 0.658 current US$ per US$ of GDP | -11.3% |
| 1984 | 0.5154 current US$ per US$ of GDP | -21.7% |
| 1985 | 0.3852 current US$ per US$ of GDP | -25.3% |
| 1986 | 0.4351 current US$ per US$ of GDP | +13.0% |
| 1987 | 0.4257 current US$ per US$ of GDP | -2.2% |
| 1988 | 0.3922 current US$ per US$ of GDP | -7.9% |
| 1989 | 0.5646 current US$ per US$ of GDP | +43.9% |
| 1990 | 0.5124 current US$ per US$ of GDP | -9.2% |
| 1991 | 0.3993 current US$ per US$ of GDP | -22.1% |
| 1992 | 0.3823 current US$ per US$ of GDP | -4.3% |
| 1993 | 0.1866 current US$ per US$ of GDP | -51.2% |
| 1994 | 0.1396 current US$ per US$ of GDP | -25.2% |
| 1995 | 0.1061 current US$ per US$ of GDP | -24.0% |
| 1996 | 0.0859 current US$ per US$ of GDP | -19.1% |
| 1997 | 0.0916 current US$ per US$ of GDP | +6.6% |
| 1998 | 0.0646 current US$ per US$ of GDP | -29.5% |
| 1999 | 0.3904 current US$ per US$ of GDP | +504.7% |
| 2000 | 0.4404 current US$ per US$ of GDP | +12.8% |
| 2001 | 0.268 current US$ per US$ of GDP | -39.1% |
| 2002 | 0.2249 current US$ per US$ of GDP | -16.1% |
| 2003 | 0.2049 current US$ per US$ of GDP | -8.9% |
| 2004 | 0.2324 current US$ per US$ of GDP | +13.4% |
| 2005 | 0.2971 current US$ per US$ of GDP | +27.8% |
| 2006 | 0.4277 current US$ per US$ of GDP | +44.0% |
| 2007 | 0.1936 current US$ per US$ of GDP | -54.7% |
| 2008 | 0.2485 current US$ per US$ of GDP | +28.3% |
| 2009 | 0.1784 current US$ per US$ of GDP | -28.2% |
| 2010 | 0.1591 current US$ per US$ of GDP | -10.8% |
| 2011 | 0.1686 current US$ per US$ of GDP | +5.9% |
| 2012 | 0.2471 current US$ per US$ of GDP | +46.6% |
| 2013 | 0.1053 current US$ per US$ of GDP | -57.4% |
| 2014 | 0.1337 current US$ per US$ of GDP | +27.0% |
| 2015 | 0.077 current US$ per US$ of GDP | -42.4% |
| 2016 | 0.0677 current US$ per US$ of GDP | -12.0% |
| 2017 | 0.0941 current US$ per US$ of GDP | +39.0% |
| 2018 | 0.0976 current US$ per US$ of GDP | +3.7% |
| 2019 | 0.0846 current US$ per US$ of GDP | -13.4% |
| 2020 | 0.1289 current US$ per US$ of GDP | +52.4% |
| 2021 | 0.1648 current US$ per US$ of GDP | +27.8% |
Nigeria compared with similar countries
- Nigeria's 0.1648 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1082 current US$ per US$ of GDP, 1.5× the median. (46 countries reporting)
- Nigeria's 0.1648 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.072 current US$ per US$ of GDP, 2.3× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: net national savings (current US$), per unit of GDP in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +504.7% | 0.0646 current US$ per US$ of GDP | 0.3904 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5427 current US$ per US$ of GDP | 0.3852 current US$ per US$ of GDP | 0.766 current US$ per US$ of GDP | 9 |
| 1990s | 0.2359 current US$ per US$ of GDP | 0.0646 current US$ per US$ of GDP | 0.5124 current US$ per US$ of GDP | 10 |
| 2000s | 0.2716 current US$ per US$ of GDP | 0.1784 current US$ per US$ of GDP | 0.4404 current US$ per US$ of GDP | 10 |
| 2010s | 0.1235 current US$ per US$ of GDP | 0.0677 current US$ per US$ of GDP | 0.2471 current US$ per US$ of GDP | 10 |
| 2020s | 0.1468 current US$ per US$ of GDP | 0.1289 current US$ per US$ of GDP | 0.1648 current US$ per US$ of GDP | 2 |
Countries ranked near Nigeria
- 42 Panama 0.1664 current US$ per US$ of GDP compare
- 43 Uzbekistan 0.1662 current US$ per US$ of GDP compare
- 44 Togo 0.1661 current US$ per US$ of GDP compare
- 46 Paraguay 0.164 current US$ per US$ of GDP compare
- 47 Guyana 0.1524 current US$ per US$ of GDP compare
- 48 Russia 0.1512 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: net national savings (current us$), per unit of gdp in Nigeria?
- Adjusted savings: net national savings (current us$), per unit of gdp in Nigeria was 0.1648 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: net national savings (current us$), per unit of gdp recorded in Nigeria?
- The highest recorded value was 0.766 current US$ per US$ of GDP in 1981.
- What is the lowest adjusted savings: net national savings (current us$), per unit of gdp recorded in Nigeria?
- The lowest recorded value was 0.0646 current US$ per US$ of GDP in 1998.
- How does Nigeria rank for adjusted savings: net national savings (current us$), per unit of gdp?
- Nigeria ranks 45th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings (current us$), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is down 2.3%. 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: net national savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Adjusted savings: net national savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: net national savings (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: net national savings Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: net national savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.