Nigeria vs Small states: Depositors with commercial banks

Nigeria
1,914 per 1,000 adults
in 2024
Small states
1,288 per 1,000 adults
in 2024
Nigeria rank
9th
Small states rank
6th

Depositors with commercial banks over time

  • Nigeria
  • Small states
5001.0k1.5k2.0k200720152024

How they compare

Nigeria currently reports 1,914 per 1,000 adults against 1,288 per 1,000 adults in Small states, a difference of 626 per 1,000 adults.

That makes Nigeria's figure about 1.5 times Small states's.

The two have swapped places 5 times across 17 shared years of data; in 2008 it was Small states ahead.

Nigeria ranks 9th and Small states ranks 6th of 104 countries.

Across the 3 decades both report, Nigeria averaged higher in 2 and Small states in 1.

Head to head by decade

Decade Nigeria Small states Difference Ahead
2000s 372.14 per 1,000 adults 466.2 per 1,000 adults 94.07 per 1,000 adults Small states
2010s 711.78 per 1,000 adults 662.98 per 1,000 adults 48.8 per 1,000 adults Nigeria
2020s 1,643 per 1,000 adults 1,084 per 1,000 adults 559.22 per 1,000 adults Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher depositors with commercial banks, Nigeria or Small states?
Nigeria, at 1,914 per 1,000 adults against 1,288 per 1,000 adults in Small states as of 2024.
What is the difference in depositors with commercial banks between Nigeria and Small states?
626 per 1,000 adults, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Small states?
17 years are reported by both, from 2008 to 2024.
How do Nigeria and Small states rank globally for depositors with commercial banks?
Nigeria ranks 9th and Small states ranks 6th of 104 countries.
Where does this data come from?
Financial Access Survey, International Monetary Fund (IMF), published as Depositors with commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Small states: Depositors with commercial banks. Statizoid, drawing on Financial Access Survey, International Monetary Fund (IMF). Retrieved 12 September 2026, from https://financial-sector.statizoid.com/compare/depositors-with-commercial-banks-per-1-000-adults/nigeria/small-states/

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About this data

Indicator
Depositors with commercial banks (per 1,000 adults)
Unit
per 1,000 adults
Source
Financial Access Survey, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
139 places, 2,226 data points, 2004–2024
Last refreshed

Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.