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Non-Performing Loans (As % of Total Loans) in Nigeria

Source: IMF
Last Updated: November 24, 2024

Non-performing loans as a share of bank loans reached 4.01% in 2022 in Nigeria, according to the National Central Bank. This is 18.6% less than in the previous year.

Historically, non-performing loans as a share of bank loans in Nigeria reached an all time high of 37.3% in 2009 and an all time low of 2.96% in 2014.

Nigeria has been ranked 48th within the group of 121 countries we follow in terms of non-performing loans as a share of bank loans.

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