Iceland vs Nigeria: Bank return on equity

Iceland
12.1%
in 2021
Nigeria
11.8%
in 2021
Iceland rank
60th
Nigeria rank
61st

Bank return on equity over time

  • Iceland
  • Nigeria
0102030200020102021

How they compare

Iceland currently reports 12.1% against 11.8% in Nigeria, a difference of 0.3%.

The two have swapped places 3 times across 11 shared years of data; in 2001 it was Nigeria ahead.

Iceland ranks 60th and Nigeria ranks 61st of 168 countries.

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

Head to head by decade

Decade Iceland Nigeria Difference Ahead
2000s 12.5% 34.1% 21.6% Nigeria
2010s 11.0% 15.0% 4.0% Nigeria
2020s 8.4% 13.1% 4.7% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bank return on equity, Iceland or Nigeria?
Iceland, at 12.1% against 11.8% in Nigeria as of 2021.
What is the difference in bank return on equity between Iceland and Nigeria?
0.3%, with Iceland ahead.
How many years of comparable data are there for Iceland and Nigeria?
11 years are reported by both, from 2001 to 2021.
How do Iceland and Nigeria rank globally for bank return on equity?
Iceland ranks 60th and Nigeria ranks 61st of 168 countries.
Where does this data come from?
Bankscope, Bureau van Dijk (BvD), published as Bank return on equity (%, after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Nigeria: Bank return on equity. Statizoid, drawing on Bankscope, Bureau van Dijk (BvD). Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/bank-return-on-equity-percent-after-tax/iceland/nigeria/

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About this data

Indicator
Bank return on equity (%, after tax)
Unit
%, after tax
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 3,211 data points, 2000–2021
Last refreshed

Raw data are from Bankscope. Data2115[t] / ((data2055[t] + data2055[t-1])/2). Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.