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Bank Deposits Growth (Nominal) in Nigeria

Source: Helgi Calculation
Last Updated:

Nominal bank deposits growth reached 17.6% in third quarter of 2021 in Nigeria, according to the National Central Bank. This is 7.91% less than in the previous quarter.

Historically, nominal bank deposits growth in Nigeria reached an all time high of 33.2% in 4Q2020 and an all time low of -3.75% in 1Q2016.

Nigeria has been ranked 10th within the group of 87 countries we follow in terms of nominal bank deposits growth.

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