Share of people (15+) who report having an account at a bank (by) in Nigeria

Nigeria: Share of people (15+) who report having an account at a bank (by) was 52.22 % in 2024. ▲ Rising

Latest (2024)
52.22 %
Change on year
up 49.4%
World rank
74th
of 97 countries
All-time high
52.22 %
in 2024
All-time low
25.99 %
in 2011
Years of data
5
2011–2024

Share of people (15+) who report having an account at a bank (by) in Nigeria, 2011–2024

02040602011201720242011: 26 %2014: 34 %2017: 27.3 %2021: 35 %2024: 52.2 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

In 2024, share of people (15+) who report having an account at a bank (by) in Nigeria stood at 52.22 %. That is the highest value across all 5 years on record.

The figure is up 49.4% on the previous year and up 53.5% over ten years.

Over the whole period, share of people (15+) who report having an account at a bank (by) in Nigeria peaked at 52.22 % in 2024 and was at its lowest, 25.99 %, in 2011.

That places Nigeria 74th out of 97 countries with data for 2024, putting it in the bottom quarter.

Share of people (15+) who report having an account at a bank (by) in Nigeria, year by year

Annual values for Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National in Nigeria, 2011 to 2024.
Year % Change
2011 25.99 %
2014 34.02 % +30.9%
2017 27.28 % -19.8%
2021 34.96 % +28.2%
2024 52.22 % +49.4%

Nigeria compared with similar countries

  • Nigeria's 52.22 % is above the median for lower middle income countries, which is 49.06 %, 1.1× the median. (19 countries reporting)
  • Nigeria's 52.22 % is below the median for Sub-Saharan Africa, which is 52.56 %, 99% of the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 29.1 % 25.99 % 34.02 % 3
2020s 43.59 % 34.96 % 52.22 % 2

Countries ranked near Nigeria

  1. 71 Philippines 57.1 % compare
  2. 72 Peru 56.18 % compare
  3. 73 Cameroon 52.9 % compare
  4. 75 Colombia 50.99 % compare
  5. 76 Congo 50.59 % compare
  6. 77 Benin 49.06 % compare

See the full ranking of 105 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is share of people (15+) who report having an account at a bank (by) in Nigeria?
Share of people (15+) who report having an account at a bank (by) in Nigeria was 52.22 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest share of people (15+) who report having an account at a bank (by) recorded in Nigeria?
The highest recorded value was 52.22 % in 2024.
What is the lowest share of people (15+) who report having an account at a bank (by) recorded in Nigeria?
The lowest recorded value was 25.99 % in 2011.
How does Nigeria rank for share of people (15+) who report having an account at a bank (by)?
Nigeria ranks 74th out of 97 countries with data for 2024.
Is share of people (15+) who report having an account at a bank (by) rising or falling in Nigeria?
Over the last ten years it is up 53.5%. The long-run trend across the full record is rising.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.

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Share of people (15+) who report having an account at a bank (by) in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 17 September 2026, from https://economy.statizoid.com/stat/share-of-people-15-who-report-having-an-account-at-a-bank-by-themselves-or-with-someone-2/nigeria/

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About this data

Indicator
Share of people (15+) who report having an account at a bank (by themselves or with someone else) — Value — Female — All age ranges or no breakdown by age — National
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
105 places, 525 data points, 2011–2024
Last refreshed

The Suite of Gender Indicators presents a set of indicators relevant to agrifood systems that are disaggregated by sex, with the aim of highlighting gender differences across agrifood systems. The initial set of indicators is based on those used in FAO’s 2023 Status of Women in Agrifood Systems (SWAFS) report and on the recommendations of an expert consultation held in December 2023, and covers key dimensions including economic participation, governance, agency, social norms, assets and services, education, health, and nutrition. Indicator selection was informed by expert judgment and by the availability of data with sufficient geographic and temporal coverage to enable meaningful comparisons across regions and over time. While most indicators are produced and published by FAO and other international organizations, the objective of this domain is to provide a one-stop shop for sex-disaggregated data on agrifood systems.