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Nigeria - Credit Score Trends and Non-Performing Loan Ratios 8.12

IMF Financial Soundness Indicators · updated 2026-10-03 · 155 economies tracked

Latest value

8.12 (2025)

Global rank

##14 of 155 economies

vs global median

3.0×

Growth since 2007

0.85×

Ranking Race — Credit Score Trends and Non-Performing Loan Ratios

1 = global #1 · higher value ranks higher

#1#16#31#46#61#76#91200020052010201520202025#3#142024 overtook Congo, Dem. Rep.2025 overtook Solomon Islands
NigeriaBangladeshAlgeriaGhanaSt. Kitts and Nevis

Real annual global ranks, 2000 - 2025. Nigeria climbed from #3 to #14 (overtook Congo, Dem. Rep.). Gaps in a lane = missing data that year.

Key events for Nigeria ↓

Key Events — Nigeria

Auto-detected from rank data + curated milestones

2011
Fell 36 places in global rank auto
2012
Fell 25 places in global rank auto
2016
Climbed 49 places in global rank auto
2016
Oil price recession curated

First recession in 25 years as crude prices collapse.

2019
Fell 28 places in global rank auto
2020
COVID-19 oil shock curated

Dual pandemic and oil shock push GDP down.

2023
Fuel subsidy removal curated

Petrol subsidy cut and currency reforms spark inflation.

2024
Overtook Congo, Dem. Rep. in global rank auto

Credit Score Trends and Non-Performing Loan Ratios, 2007-2025

IMF Financial Soundness Indicators · % of gross loans · linear scale · ranking in the race above
200720122017202220252.9614.3925.8237.25

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