Bank deposits rose 33.2% to NGN 32,381 bil in Nigeria in 2020, according to the National Central Bank.
Historically, bank deposits in Nigeria reached an all time high of NGN 32,381 bil in 2020 and an all time low of NGN 0.199 bil in 1961.
Nigeria has been ranked 11th within the group of 110 countries we follow in terms of bank deposits, 4 places above the position seen 10 years ago.
Bank Deposits (Local Currency) | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
Algeria | DZD bil | 8,207 | 7,334 | 8,037 | 8,973 | 9,860 | ... | ... | ||||||||||||||
Benin | XOF bil | ... | ... | ... | ... | ... | 1,996 | 2,071 | ... | ... | ... | ... | ... | |||||||||
Burkina Faso | XOF bil | ... | ... | ... | ... | ... | 2,250 | 2,453 | ... | ... | ... | ... | ... | |||||||||
Cameroon | XAF bil | ... | ... | ... | ... | ... | 3,063 | 3,198 | 3,331 | 3,617 | 4,008 | |||||||||||
Central African Republic | XAF bil | ... | ... | ... | ... | ... | 106 | 126 | 132 | 147 | 170 | |||||||||||
Chad | XAF bil | ... | ... | ... | ... | ... | 703 | 686 | 676 | 596 | 612 | |||||||||||
Gabon | XAF bil | ... | ... | ... | ... | ... | 1,928 | 1,968 | 3,331 | 3,617 | 4,008 | |||||||||||
Libya | LYD bil | ... | ... | ... | ... | ... | 81.8 | 59.8 | ... | ... | ... | ... | ... | |||||||||
Mali | XOF bil | ... | ... | ... | ... | ... | 2,209 | 2,433 | ... | ... | ... | ... | ... | |||||||||
Niger | XOF bil | ... | ... | ... | ... | ... | 811 | 794 | ... | ... | ... | ... | ... | |||||||||
Nigeria | NGN bil | 17,998 | 17,400 | 18,575 | 19,429 | 21,835 | ||||||||||||||||
Sudan | SDG bil | ... | ... | ... | ... | ... | 53.9 | 64.2 | ... | ... | ... | ... | ... | |||||||||
Togo | XOF bil | ... | ... | ... | ... | ... | 1,244 | 1,375 | ... | ... | ... | ... | ... |