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Bank Deposits (As % of GDP) in Nigeria

Source: Central Bank of Nigeria, Nigeria Deposit Insurance Corporation (Data for commercial banks only), Helgi Calculation
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Bank deposits as a share of gdp reached 21.0% in 2020 in Nigeria, according to the National Central Bank. This is 25.8% more than in the previous year.

Historically, bank deposits as a share of GDP in Nigeria reached an all time high of 24.5% in 1984 and an all time low of 5.82% in 1970.

Nigeria has been ranked 97th within the group of 109 countries we follow in terms of bank deposits as a share of GDP.

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