Non-performing loans net of provisions to capital (%) in Nigeria
Nigeria: Non-performing loans net of provisions to capital (%) was 4.9% in 2024. ◆ Volatile
Non-performing loans net of provisions to capital in Nigeria, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Nigeria recorded 4.9% for non-performing loans net of provisions to capital in 2024.
Compared with earlier readings it is up 72.2% on the previous year and up 18.5% over ten years.
Over the whole period, non-performing loans net of provisions to capital in Nigeria peaked at 158.2% in 2009 and was at its lowest, 0.3%, in 2021.
Nigeria ranks 97th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Non-performing loans net of provisions to capital (%) in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 8.9% | — |
| 2008 | 5.5% | -37.7% |
| 2009 | 158.2% | +2759.3% |
| 2010 | 153.4% | -3.0% |
| 2011 | 7.1% | -95.4% |
| 2012 | 3.8% | -46.3% |
| 2013 | 5.9% | +54.4% |
| 2014 | 4.1% | -29.6% |
| 2015 | 5.5% | +33.5% |
| 2016 | 36.2% | +555.0% |
| 2017 | 33.5% | -7.6% |
| 2018 | 17.6% | -47.5% |
| 2019 | 3.2% | -82.0% |
| 2020 | 1.5% | -51.9% |
| 2021 | 0.3% | -79.5% |
| 2022 | 1.6% | +408.3% |
| 2023 | 2.9% | +79.4% |
| 2024 | 4.9% | +72.2% |
Nigeria compared with similar countries
- Nigeria's 4.9% is below the median for lower middle income countries, which is 11.3%, 43% of the median. (29 countries reporting)
- Nigeria's 4.9% is below the median for Sub-Saharan Africa, which is 12.3%, 40% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Non-performing loans net of provisions to capital (%) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +2759.3% | 5.5% | 158.2% |
| 2016 | +555.0% | 5.5% | 36.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 57.5% | 5.5% | 158.2% | 3 |
| 2010s | 27.0% | 3.2% | 153.4% | 10 |
| 2020s | 2.2% | 0.3% | 4.9% | 5 |
Countries ranked near Nigeria
More development goals data for Nigeria
- Red List Index 0.9147 index (2025)
- Number of refugees per 100,000 population, by country of origin 201.98 per 100,000 people (2025)
- Manufacturing value added per capita 238.4 constant US$ (2025)
- Number of transboundary breeds 22 (2025)
- Number of transboundary breeds (not extinct) 21 (2025)
- Number of transboundary breeds with unknown risk status 21 (2025)
- Number of local breeds with unknown risk status 19 (2025)
- Number of local breeds (not extinct) 19 (2025)
- Number of local breeds kept in the country 20 (2025)
- Infant deaths 519,644 (2024)
Frequently asked questions
- What is non-performing loans net of provisions to capital in Nigeria?
- Non-performing loans net of provisions to capital in Nigeria was 4.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans net of provisions to capital recorded in Nigeria?
- The highest recorded value was 158.2% in 2009.
- What is the lowest non-performing loans net of provisions to capital recorded in Nigeria?
- The lowest recorded value was 0.3% in 2021.
- How does Nigeria rank for non-performing loans net of provisions to capital?
- Nigeria ranks 97th out of 155 countries with data for 2024.
- Is non-performing loans net of provisions to capital rising or falling in Nigeria?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under UN SDG Global Database (open, attribution requested).