Nigeria vs Sri Lanka: Bank concentration

Nigeria
59.3%
in 2021
Sri Lanka
57.7%
in 2021
Nigeria rank
129th
Sri Lanka rank
131st

Bank concentration over time

  • Nigeria
  • Sri Lanka
20406080200020102021

How they compare

Nigeria currently reports 59.3% against 57.7% in Sri Lanka, a difference of 1.6%.

The two have swapped places 1 time across 11 shared years of data; in 2011 it was Sri Lanka ahead.

Nigeria ranks 129th and Sri Lanka ranks 131st of 170 countries.

Sri Lanka has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nigeria Sri Lanka Difference Ahead
2010s 40.9% 53.7% 12.8% Sri Lanka
2020s 52.0% 56.2% 4.3% Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank concentration, Nigeria or Sri Lanka?
Nigeria, at 59.3% against 57.7% in Sri Lanka as of 2021.
What is the difference in bank concentration between Nigeria and Sri Lanka?
1.6%, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Sri Lanka?
11 years are reported by both, from 2011 to 2021.
How do Nigeria and Sri Lanka rank globally for bank concentration?
Nigeria ranks 129th and Sri Lanka ranks 131st 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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Nigeria vs Sri Lanka: Bank concentration. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 22 August 2026, from https://financial-sector.statizoid.com/compare/bank-concentration-percent/nigeria/sri-lanka/

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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.