New Zealand vs Nigeria: Bank concentration

New Zealand
57.2%
in 2021
Nigeria
59.3%
in 2021
New Zealand rank
132nd
Nigeria rank
129th

Bank concentration over time

  • New Zealand
  • Nigeria
20406080100200020102021

How they compare

Nigeria currently reports 59.3% against 57.2% in New Zealand, a difference of 2.1%.

The two have swapped places 3 times across 16 shared years of data; in 2006 it was New Zealand ahead.

New Zealand ranks 132nd and Nigeria ranks 129th of 170 countries.

New Zealand has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade New Zealand Nigeria Difference Ahead
2000s 85.2% 75.9% 9.3% New Zealand
2010s 65.5% 45.3% 20.2% New Zealand
2020s 57.6% 52.0% 5.7% New Zealand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank concentration, New Zealand or Nigeria?
Nigeria, at 59.3% against 57.2% in New Zealand as of 2021.
What is the difference in bank concentration between New Zealand and Nigeria?
2.1%, with Nigeria ahead.
How many years of comparable data are there for New Zealand and Nigeria?
16 years are reported by both, from 2006 to 2021.
How do New Zealand and Nigeria rank globally for bank concentration?
New Zealand ranks 132nd and Nigeria ranks 129th of 170 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank concentration (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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New Zealand vs Nigeria: Bank concentration. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 03 September 2026, from https://financial-sector.statizoid.com/compare/bank-concentration-percent/new-zealand/nigeria/

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About this data

Indicator
Bank concentration (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 3,314 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.