Bank Loans (As % of GDP) in Nigeria

Bank loans as a share of gdp reached 12.6% in 2020 in Nigeria, according to the National Central Bank. This is 10.00% more than in the previous year.

Historically, bank loans as a share of GDP in Nigeria reached an all time high of 23.4% in 2008 and an all time low of 3.29% in 1970.

Nigeria has been ranked 100th within the group of 105 countries we follow in terms of bank loans as a share of GDP.