Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2022-12-31
Nigeria's credit to private sector stands at 9.56% as of 2022-12-31, down from 9.73% in 2021. Historical data runs from 1960 to 2022 (63 observations).
In 2022, Nigeria's credit to private sector was 9.56%, down from 9.73% in 2021.
In 2021, Nigeria's credit to private sector was 9.73%, up from 8.76% in 2020.
In 2020, Nigeria's credit to private sector was 8.76%, up from 7.92% in 2019.
In 2019, Nigeria's credit to private sector was 7.92%, down from 10.25% in 2018.
In 2018, Nigeria's credit to private sector was 10.25%, down from 12.85% in 2017.
| Year | Value | Change |
|---|---|---|
| 2022 | 9.56% | -0.1715% |
| 2021 | 9.73% | +0.9736% |
| 2020 | 8.76% | +0.8364% |
| 2019 | 7.92% | -2.32% |
| 2018 | 10.25% | -2.61% |
| 2017 | 12.85% | -1.76% |
| 2016 | 14.61% | +1.53% |
| 2015 | 13.08% | -0.2183% |
| 2014 | 13.3% | +1.76% |
| 2013 | 11.53% | +0.9285% |
| 2012 | 10.6% | -0.4389% |
| 2011 | 11.04% | -2.45% |
| 2010 | 13.49% | -6.13% |
| 2009 | 19.63% | +0.9926% |
| 2008 | 18.63% | +4.84% |
| 2007 | 13.8% | +5.68% |
| 2006 | 8.12% | -0.3147% |
| 2005 | 8.44% | -0.0266% |
| 2004 | 8.46% | -0.4478% |
| 2003 | 8.91% | +0.8251% |
| 2002 | 8.08% | -1.8% |
| 2001 | 9.88% | +1.63% |
| 2000 | 8.25% | +0.0802% |
| 1999 | 8.17% | +0.5494% |
| 1998 | 7.62% | +0.5889% |
| 1997 | 7.03% | +0.8561% |
| 1996 | 6.17% | -0.3343% |
| 1995 | 6.51% | -1.53% |
| 1994 | 8.04% | +1.03% |
| 1993 | 7.01% | -1.23% |
| 1992 | 8.23% | +2.99% |
| 1991 | 5.24% | +0.2836% |
| 1990 | 4.96% | -0.1328% |
| 1989 | 5.09% | -0.9757% |
| 1988 | 6.07% | -0.537% |
| 1987 | 6.6% | -0.972% |
| 1986 | 7.57% | +1.54% |
| 1985 | 6.04% | -0.2263% |
| 1984 | 6.27% | +0.0574% |
| 1983 | 6.21% | -0.242% |
| 1982 | 6.45% | +0.6485% |
| 1981 | 5.8% | -6.42% |
| 1980 | 12.23% | +1.84% |
| 1979 | 10.39% | -0.6028% |
| 1978 | 10.99% | +1.75% |
| 1977 | 9.24% | +1.63% |
| 1976 | 7.62% | +0.8053% |
| 1975 | 6.81% | +2.11% |
| 1974 | 4.7% | -1.35% |
| 1973 | 6.05% | -0.0924% |
| 1972 | 6.14% | +0.75% |
| 1971 | 5.39% | +0.4696% |
| 1970 | 4.92% | -1.73% |
| 1969 | 6.65% | -1.22% |
| 1968 | 7.87% | +0.0545% |
| 1967 | 7.81% | +0.6074% |
| 1966 | 7.2% | +0.5044% |
| 1965 | 6.7% | +0.3709% |
| 1964 | 6.33% | -0.1113% |
| 1963 | 6.44% | +0.8674% |
| 1962 | 5.57% | +1.87% |
| 1961 | 3.7% | +0.0076% |
| 1960 | 3.7% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Nigeria's credit to private sector is 9.56% as of 2022-12-31, compared with 9.73% in 2021. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 19.63% (2009); the lowest is 3.7% (1960), across data from 1960 to 2022.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.