Adjusted savings: net national savings in Nigeria
Nigeria: Adjusted savings: net national savings 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 176 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$, in 1993.
Nigeria ranks 16th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Nigeria, year by year
| Year | current US$ | 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% |
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)
- GNI, Atlas method (current US$), annual growth rate -18.64 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.11 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,362 current US$ per person (2025)
- GNI (current US$), annual growth rate 14.23 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9687 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 1,186 current US$ per person (2025)
- GNI (current LCU), annual growth rate 17.36 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,471 current LCU 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 176 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.