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Gross Loans (Local Currency) in Nigeria

Source: Central Bank of Nigeria, Nigeria Deposit Insurance Corporation (Data for commercial banks only), Helgi Calculation, IMF
Last Updated: June 2, 2021

Gross loans reached NGN 19,504 bil in 2020 in Nigeria, according to the National Central Bank. This is 11.1% more than in the previous year.

Historically, gross loans in Nigeria reached an all time high of NGN 19,504 bil in 2020 and an all time low of NGN 8.82 bil in 1981.

Nigeria has been ranked 16th within the group of 112 countries we follow in terms of gross loans.

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