Bank loans as a share of gdp reached 12.5% in third quarter of 2021 in Nigeria, according to the National Central Bank. This is 4.31% more than in the previous quarter.
Historically, bank loans as a share of GDP in Nigeria reached an all time high of 15.5% in 4Q2016 and an all time low of 8.75% in 1Q2012.
Nigeria has been ranked 82nd within the group of 88 countries we follow in terms of bank loans as a share of GDP.
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