Regulatory Tier 1 capital to risk-weighted assets in Nigeria

Nigeria: Regulatory Tier 1 capital to risk-weighted assets was 12.9% in 2024. ▼ Falling

Latest (2024)
12.9%
Change on year
up 20.7%
World rank
113th
of 138 countries
All-time high
21.5%
in 2008
All-time low
2.2%
in 2010
Years of data
18
2007–2024

Regulatory Tier 1 capital to risk-weighted assets in Nigeria, 2007–2024

051015202007201520242007: 20.22008: 21.52009: 4.92010: 2.22011: 18.12012: 182013: 17.12014: 15.52015: 18.12016: 16.32017: 10.72018: 14.92019: 14.12020: 14.12021: 13.62022: 132023: 10.72024: 12.9

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, regulatory tier 1 capital to risk-weighted assets in Nigeria stood at 12.9%.

Compared with earlier readings it is up 20.7% on the previous year and down 16.6% over ten years.

Over the whole period, regulatory tier 1 capital to risk-weighted assets in Nigeria peaked at 21.5% in 2008 and was at its lowest, 2.2%, in 2010.

That places Nigeria 113th out of 138 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Regulatory Tier 1 capital to risk-weighted assets in Nigeria, year by year

Annual values for Regulatory Tier 1 capital to risk-weighted assets (%) in Nigeria, 2007 to 2024.
Year Value Change
2007 20.2%
2008 21.5% +6.5%
2009 4.9% -77.1%
2010 2.2% -55.9%
2011 18.1% +732.7%
2012 18.0% -0.9%
2013 17.1% -4.6%
2014 15.5% -9.7%
2015 18.1% +17.2%
2016 16.3% -10.2%
2017 10.7% -34.1%
2018 14.9% +38.7%
2019 14.1% -5.5%
2020 14.1% -0.0%
2021 13.6% -3.4%
2022 13.0% -4.4%
2023 10.7% -17.8%
2024 12.9% +20.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 15.5% 4.9% 21.5% 3
2010s 14.5% 2.2% 18.1% 10
2020s 12.9% 10.7% 14.1% 5

Countries ranked near Nigeria

  1. 110 Peru 13.6% compare
  2. 111 Chile 13.1% compare
  3. 112 Saint Vincent and the Grenadines 12.9% compare
  4. 114 Paraguay 12.9% compare
  5. 115 Botswana 12.7% compare
  6. 116 China 12.6% compare

See the full ranking of 149 places →

More development goals data for Nigeria

All data for Nigeria →

Frequently asked questions

What is regulatory tier 1 capital to risk-weighted assets in Nigeria?
Regulatory tier 1 capital to risk-weighted assets in Nigeria was 12.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest regulatory tier 1 capital to risk-weighted assets recorded in Nigeria?
The highest recorded value was 21.5% in 2008.
What is the lowest regulatory tier 1 capital to risk-weighted assets recorded in Nigeria?
The lowest recorded value was 2.2% in 2010.
How does Nigeria rank for regulatory tier 1 capital to risk-weighted assets?
Nigeria ranks 113th out of 138 countries with data for 2024.
Is regulatory tier 1 capital to risk-weighted assets rising or falling in Nigeria?
Over the last ten years it is down 16.6%. 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 Regulatory Tier 1 capital to risk-weighted assets (%). Statizoid updates them automatically from the source API.

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Regulatory Tier 1 capital to risk-weighted assets in Nigeria. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 28 August 2026, from https://development-goals.statizoid.com/stat/regulatory-tier-1-capital-to-risk-weighted-assets-percent/nigeria/

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About this data

Indicator
Regulatory Tier 1 capital to risk-weighted assets (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
149 places, 2,312 data points, 2000–2025
Last refreshed