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 74.3 % in 2024. ▲ Rising
Share of people (15+) who report having an account at a bank (by) in Nigeria, 2011–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Nigeria recorded 74.3 % for share of people (15+) who report having an account at a bank (by) in 2024. That is the highest value across all 5 years on record.
That represents a change of up 34.0% on the previous year and up 36.7% over ten years.
Over the whole period, share of people (15+) who report having an account at a bank (by) in Nigeria peaked at 74.3 % in 2024 and was at its lowest, 33.28 %, in 2011.
Nigeria ranks 61st of 97 countries on this measure, in the middle of the range.
Share of people (15+) who report having an account at a bank (by) in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 33.28 % | — |
| 2014 | 54.36 % | +63.3% |
| 2017 | 51.41 % | -5.4% |
| 2021 | 55.45 % | +7.9% |
| 2024 | 74.3 % | +34.0% |
Nigeria compared with similar countries
- Nigeria's 74.3 % is above the median for lower middle income countries, which is 58.54 %, 1.3× the median. (19 countries reporting)
- Nigeria's 74.3 % is above the median for Sub-Saharan Africa, which is 69.68 %, 1.1× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 46.35 % | 33.28 % | 54.36 % | 3 |
| 2020s | 64.88 % | 55.45 % | 74.3 % | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
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 74.3 % 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 74.3 % 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 33.28 % in 2011.
- How does Nigeria rank for share of people (15+) who report having an account at a bank (by)?
- Nigeria ranks 61st 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 36.7%. 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 — Male — All age ranges or no breakdown by age — National. Statizoid updates them automatically from the source API.
Download this data
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About this data
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.