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

Latest (2024)
4.9%
Change on year
up 72.2%
World rank
86th
of 138 countries
All-time high
158.2%
in 2009
All-time low
0.3%
in 2021
Years of data
18
2007–2024

Non-performing loans net of provisions to capital in Nigeria, 2007–2024

0501001502007201520242007: 8.92008: 5.52009: 158.22010: 153.42011: 7.12012: 3.82013: 5.92014: 4.12015: 5.52016: 36.22017: 33.52018: 17.62019: 3.22020: 1.52021: 0.3132022: 1.62023: 2.92024: 4.9

Source: United Nations Statistics Division, SDG Global Database.

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 86th of 138 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

Annual values for Non-performing loans net of provisions to capital (%) in Nigeria, 2007 to 2024.
Year Value 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 83 Trinidad and Tobago 5.1% compare
  2. 84 Philippines 5.0% compare
  3. 85 Canada 5.0% compare
  4. 87 Maldives 4.8% compare
  5. 88 Rwanda 4.7% compare
  6. 89 Kuwait 4.6% compare

See the full ranking of 149 places →

More development goals data for Nigeria

All data for Nigeria →

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 86th out of 138 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.

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Non-performing loans net of provisions to capital in Nigeria. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 03 September 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-net-of-provisions-to-capital-percent/nigeria/

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About this data

Indicator
Non-performing loans net of provisions to capital (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,200 data points, 2000–2025
Last refreshed