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Bank Deposits (Local Currency) rose 33.2% to NGN 32,381 bil in Nigeria in 2020

Bank Deposits (Local Currency) (NGN bil), 2020
Banking | Nigeria | March 7, 2022
$4.99
Excel Sheet

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 ... ... ... ... ...