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
Regulatory Tier 1 capital to risk-weighted assets in Nigeria, 2007–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 125th out of 155 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
| Year | % | 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% |
Nigeria compared with similar countries
- Nigeria's 12.9% is below the median for lower middle income countries, which is 15.6%, 83% of the median. (29 countries reporting)
- Nigeria's 12.9% is below the median for Sub-Saharan Africa, which is 16.5%, 78% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Regulatory Tier 1 capital to risk-weighted assets (%) 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 |
|---|---|---|---|
| 2011 | +732.7% | 2.2% | 18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 125th out of 155 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.
Download this data
CSV · JSON — 18 observations, free to reuse under UN SDG Global Database (open, attribution requested).