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Nigeria - Financial Institution Account (% age 15+) 59.7

World Bank Global Findex · updated 2026-10-03 · 167 economies tracked

Latest value

59.7 (2024)

Global rank

##82 of 167 economies

Share of global total

0.7%

Growth since 2011

2.01×

Ranking Race — Financial Institution Account (% age 15+)

1 = global #1 · higher value ranks higher

#1#17#33#49#65#81#97201120212024#86#822014 overtook Bangladesh2021 overtook Tajikistan
NigeriaIcelandFinlandAustriaUnited Kingdom

Real annual global ranks, 2011 - 2024. Nigeria climbed from #86 to #82 (overtook Bangladesh). Gaps in a lane = missing data that year.

Key events for Nigeria ↓

Key Events — Nigeria

Auto-detected from rank data + curated milestones

2014
Overtook Bangladesh in global rank auto
2016
Oil price recession curated

First recession in 25 years as crude prices collapse.

2017
Fell 16 places in global rank auto
2020
COVID-19 oil shock curated

Dual pandemic and oil shock push GDP down.

2021
Overtook Tajikistan in global rank auto
2021
Climbed 16 places in global rank auto
2023
Fuel subsidy removal curated

Petrol subsidy cut and currency reforms spark inflation.

Financial Institution Account (% age 15+), 2011-2024

World Bank Global Findex · % age 15+ · linear scale · ranking in the race above
20112021202429.739.749.759.7

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