Non-performing loans to total gross loans in Nigeria

Nigeria: Non-performing loans to total gross loans was 4.9% in 2024. β—† Volatile

Latest (2024)
4.9%
Change on year
up 11.2%
World rank
48th
of 145 countries
All-time high
37.3%
in 2009
All-time low
3.0%
in 2014
Years of data
18
2007–2024

Non-performing loans to total gross loans in Nigeria, 2007–2024

0102030402007201520242007: 9.5 %2008: 7.2 %2009: 37.3 %2010: 20.1 %2011: 5.8 %2012: 3.7 %2013: 3.4 %2014: 3 %2015: 4.9 %2016: 12.8 %2017: 14.8 %2018: 11.7 %2019: 6 %2020: 6 %2021: 4.9 %2022: 4 %2023: 4.4 %2024: 4.9 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for non-performing loans to total gross loans in Nigeria is 4.9%, measured in 2024.

Compared with earlier readings it is up 11.2% on the previous year and up 64.5% over ten years.

Over the whole period, non-performing loans to total gross loans in Nigeria peaked at 37.3% in 2009 and was at its lowest, 3.0%, in 2014.

That places Nigeria 48th out of 145 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 18.0% 7.2% 37.3% 3
2010s 8.6% 3.0% 20.1% 10
2020s 4.8% 4.0% 6.0% 5

Countries ranked near Nigeria

  1. 45 Seychelles 5.4% compare
  2. 46 Malawi 5.1% compare
  3. 50 Nepal 4.6% compare
  4. 51 Gambia 4.6% compare

See the full ranking of 150 places β†’

More development goals data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is non-performing loans to total gross loans in Nigeria?
Non-performing loans to total gross loans in Nigeria was 4.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans to total gross loans recorded in Nigeria?
The highest recorded value was 37.3% in 2009.
What is the lowest non-performing loans to total gross loans recorded in Nigeria?
The lowest recorded value was 3.0% in 2014.
How does Nigeria rank for non-performing loans to total gross loans?
Nigeria ranks 48th out of 145 countries with data for 2024.
Is non-performing loans to total gross loans rising or falling in Nigeria?
Over the last ten years it is up 64.5%. 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 to total gross loans (%). Statizoid updates them automatically from the source API.

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Non-performing loans to total gross loans in Nigeria. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 August 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-to-total-gross-loans-percent/nigeria/

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About this data

Indicator
Non-performing loans to total gross loans (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
150 places, 2,267 data points, 2000–2025
Last refreshed