Number of commercial bank branches per 100,000 adults in Nigeria
Nigeria: Number of commercial bank branches per 100,000 adults was 3.28 in 2024. ▼ Falling
Number of commercial bank branches per 100,000 adults in Nigeria, 2004–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, number of commercial bank branches per 100,000 adults in Nigeria stood at 3.28. That is the lowest value across all 21 years on record.
Compared with earlier readings it is down 4.3% on the previous year and down 38.6% over ten years.
Over the whole period, number of commercial bank branches per 100,000 adults in Nigeria peaked at 6.29 in 2010 and was at its lowest, 3.28, in 2024.
Nigeria ranks 147th of 167 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Number of commercial bank branches per 100,000 adults in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 4.53 | — |
| 2005 | 4.02 | -11.1% |
| 2006 | 3.63 | -9.7% |
| 2007 | 5 | +37.6% |
| 2008 | 6.01 | +20.2% |
| 2009 | 6.21 | +3.4% |
| 2010 | 6.29 | +1.2% |
| 2011 | 6.12 | -2.6% |
| 2012 | 5.55 | -9.4% |
| 2013 | 5.63 | +1.4% |
| 2014 | 5.34 | -5.1% |
| 2015 | 4.75 | -11.1% |
| 2016 | 4.51 | -4.9% |
| 2017 | 4.22 | -6.5% |
| 2018 | 4.09 | -3.1% |
| 2019 | 4.55 | +11.3% |
| 2020 | 4.23 | -7.0% |
| 2021 | 4.08 | -3.7% |
| 2022 | 3.51 | -13.9% |
| 2023 | 3.43 | -2.3% |
| 2024 | 3.28 | -4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9 | 3.63 | 6.21 | 6 |
| 2010s | 5.1 | 4.09 | 6.29 | 10 |
| 2020s | 3.71 | 3.28 | 4.23 | 5 |
Countries ranked near Nigeria
More development goals data for Nigeria
- Red List Index 0.9147 (2025)
- Number of refugees per 100,000 population, by country of origin 201.98 (2025)
- Manufacturing value added per capita 238.4 (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 number of commercial bank branches per 100,000 adults in Nigeria?
- Number of commercial bank branches per 100,000 adults in Nigeria was 3.28 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest number of commercial bank branches per 100,000 adults recorded in Nigeria?
- The highest recorded value was 6.29 in 2010.
- What is the lowest number of commercial bank branches per 100,000 adults recorded in Nigeria?
- The lowest recorded value was 3.28 in 2024.
- How does Nigeria rank for number of commercial bank branches per 100,000 adults?
- Nigeria ranks 147th out of 167 countries with data for 2024.
- Is number of commercial bank branches per 100,000 adults rising or falling in Nigeria?
- Over the last ten years it is down 38.6%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Number of commercial bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under UN SDG Global Database (open, attribution requested).