Adjusted savings: net national savings (current US$) in Nigeria
Nigeria: Adjusted savings: net national savings (current US$) was 100.36 billion current US$ in 2021. ◆ Volatile
Latest (2021)
100.36 billion current US$
Change on year
up 30.1%
World rank
16th
of 177 countries
All-time high
125.99 billion current US$
in 1981
All-time low
10.58 billion current US$
in 1993
Years of data
41
1981–2021
Adjusted savings: net national savings in Nigeria, 1981–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Nigeria recorded 100.36 billion current US$ for adjusted savings: net national savings in 2021.
Compared with earlier readings it is up 30.1% on the previous year and up 43.6% over ten years.
Over the whole period, adjusted savings: net national savings in Nigeria peaked at 125.99 billion current US$ in 1981 and was at its lowest, 10.58 billion current US$, in 1993.
Nigeria ranks 16th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings (current US$) in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1981 | 125.99 billion current US$ | — |
| 1982 | 105.96 billion current US$ | -15.9% |
| 1983 | 63.89 billion current US$ | -39.7% |
| 1984 | 37.87 billion current US$ | -40.7% |
| 1985 | 28.41 billion current US$ | -25.0% |
| 1986 | 23.85 billion current US$ | -16.1% |
| 1987 | 22.42 billion current US$ | -6.0% |
| 1988 | 19.47 billion current US$ | -13.2% |
| 1989 | 24.84 billion current US$ | +27.6% |
| 1990 | 27.69 billion current US$ | +11.4% |
| 1991 | 23.77 billion current US$ | -14.2% |
| 1992 | 19.90 billion current US$ | -16.3% |
| 1993 | 10.58 billion current US$ | -46.8% |
| 1994 | 11.22 billion current US$ | +6.0% |
| 1995 | 14.96 billion current US$ | +33.3% |
| 1996 | 15.95 billion current US$ | +6.7% |
| 1997 | 18.40 billion current US$ | +15.3% |
| 1998 | 14.10 billion current US$ | -23.3% |
| 1999 | 23.09 billion current US$ | +63.7% |
| 2000 | 30.46 billion current US$ | +31.9% |
| 2001 | 19.71 billion current US$ | -35.3% |
| 2002 | 21.38 billion current US$ | +8.4% |
| 2003 | 21.46 billion current US$ | +0.4% |
| 2004 | 31.56 billion current US$ | +47.1% |
| 2005 | 52.19 billion current US$ | +65.4% |
| 2006 | 101.99 billion current US$ | +95.4% |
| 2007 | 53.88 billion current US$ | -47.2% |
| 2008 | 84.35 billion current US$ | +56.5% |
| 2009 | 52.63 billion current US$ | -37.6% |
| 2010 | 58.40 billion current US$ | +11.0% |
| 2011 | 69.87 billion current US$ | +19.6% |
| 2012 | 114.66 billion current US$ | +64.1% |
| 2013 | 54.75 billion current US$ | -52.2% |
| 2014 | 76.75 billion current US$ | +40.2% |
| 2015 | 37.95 billion current US$ | -50.6% |
| 2016 | 27.40 billion current US$ | -27.8% |
| 2017 | 35.37 billion current US$ | +29.1% |
| 2018 | 41.17 billion current US$ | +16.4% |
| 2019 | 56.52 billion current US$ | +37.3% |
| 2020 | 77.16 billion current US$ | +36.5% |
| 2021 | 100.36 billion current US$ | +30.1% |
Nigeria compared with similar countries
- Nigeria's 100.36 billion current US$ is above the median for lower middle income countries, which is 1.60 billion current US$, 62.8× the median. (46 countries reporting)
- Nigeria's 100.36 billion current US$ is above the median for Sub-Saharan Africa, which is 839.01 million current US$, 119.6× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 50.30 billion current US$ | 19.47 billion current US$ | 125.99 billion current US$ | 9 |
| 1990s | 17.97 billion current US$ | 10.58 billion current US$ | 27.69 billion current US$ | 10 |
| 2000s | 46.96 billion current US$ | 19.71 billion current US$ | 101.99 billion current US$ | 10 |
| 2010s | 57.29 billion current US$ | 27.40 billion current US$ | 114.66 billion current US$ | 10 |
| 2020s | 88.76 billion current US$ | 77.16 billion current US$ | 100.36 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: net national savings in Nigeria?
- Adjusted savings: net national savings in Nigeria was 100.36 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Nigeria?
- The highest recorded value was 125.99 billion current US$ in 1981.
- What is the lowest adjusted savings: net national savings recorded in Nigeria?
- The lowest recorded value was 10.58 billion current US$ in 1993.
- How does Nigeria rank for adjusted savings: net national savings?
- Nigeria ranks 16th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Nigeria?
- Over the last ten years it is up 43.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.