Nigeria vs Upper middle income: Depositors with commercial banks

Nigeria
1,914 per 1,000 adults
in 2024
Upper middle income
1,205 per 1,000 adults
in 2024
Nigeria rank
9th
Upper middle income rank
8th

Depositors with commercial banks over time

  • Nigeria
  • Upper middle income
5001.0k1.5k2.0k200720152024

How they compare

Nigeria currently reports 1,914 per 1,000 adults against 1,205 per 1,000 adults in Upper middle income, a difference of 709 per 1,000 adults.

That makes Nigeria's figure about 1.6 times Upper middle income's.

Across all 6 years both countries report, Nigeria has been ahead every year.

Nigeria ranks 9th and Upper middle income ranks 8th of 104 countries.

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

Head to head by decade

Decade Nigeria Upper middle income Difference Ahead
2010s 1,073 per 1,000 adults 869.05 per 1,000 adults 203.98 per 1,000 adults Nigeria
2020s 1,643 per 1,000 adults 1,036 per 1,000 adults 607.57 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 Upper middle income?
Nigeria, at 1,914 per 1,000 adults against 1,205 per 1,000 adults in Upper middle income as of 2024.
What is the difference in depositors with commercial banks between Nigeria and Upper middle income?
709 per 1,000 adults, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Upper middle income?
6 years are reported by both, from 2019 to 2024.
How do Nigeria and Upper middle income rank globally for depositors with commercial banks?
Nigeria ranks 9th and Upper middle income ranks 8th 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.

Individual pages

Share, cite or embed this page

Cite this page

Nigeria vs Upper middle income: Depositors with commercial banks. Statizoid, drawing on Financial Access Survey, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://financial-sector.statizoid.com/compare/depositors-with-commercial-banks-per-1-000-adults/nigeria/upper-middle-income/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://financial-sector.statizoid.com/compare/depositors-with-commercial-banks-per-1-000-adults/nigeria/upper-middle-income/">Nigeria vs Upper middle income: Depositors with commercial banks</a> — Statizoid

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.