Bank overhead costs to total assets in Nigeria
Nigeria: Bank overhead costs to total assets was 2.7% in 2021. ▼ Falling
Bank overhead costs to total assets in Nigeria, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank overhead costs to total assets in Nigeria is 2.7%, measured in 2021. That is the lowest value across all 22 years on record.
That represents a change of down 19.1% on the previous year and down 68.3% over ten years.
Over the whole period, bank overhead costs to total assets in Nigeria peaked at 12.5% in 2009 and was at its lowest, 2.7%, in 2021.
Nigeria ranks 61st of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Bank overhead costs to total assets in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.9% | — |
| 2001 | 9.3% | +4.3% |
| 2002 | 9.4% | +1.3% |
| 2003 | 10.0% | +6.4% |
| 2004 | 7.6% | -23.7% |
| 2005 | 7.0% | -8.2% |
| 2006 | 6.8% | -2.7% |
| 2007 | 6.8% | -0.6% |
| 2008 | 5.8% | -15.1% |
| 2009 | 12.5% | +117.6% |
| 2010 | 8.0% | -36.3% |
| 2011 | 8.5% | +7.1% |
| 2012 | 6.5% | -24.3% |
| 2013 | 5.4% | -16.7% |
| 2014 | 5.0% | -7.8% |
| 2015 | 4.6% | -7.0% |
| 2016 | 3.6% | -21.5% |
| 2017 | 4.6% | +27.5% |
| 2018 | 4.4% | -4.9% |
| 2019 | 4.2% | -4.8% |
| 2020 | 3.3% | -20.0% |
| 2021 | 2.7% | -19.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.4% | 5.8% | 12.5% | 10 |
| 2010s | 5.5% | 3.6% | 8.5% | 10 |
| 2020s | 3.0% | 2.7% | 3.3% | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Total reserves in months of imports, annual growth rate -1.26 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 6.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0966 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 118.25 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 6.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 132.23 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 8.47 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 141.49 SDR per person (2025)
Frequently asked questions
- What is bank overhead costs to total assets in Nigeria?
- Bank overhead costs to total assets in Nigeria was 2.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank overhead costs to total assets recorded in Nigeria?
- The highest recorded value was 12.5% in 2009.
- What is the lowest bank overhead costs to total assets recorded in Nigeria?
- The lowest recorded value was 2.7% in 2021.
- How does Nigeria rank for bank overhead costs to total assets?
- Nigeria ranks 61st out of 168 countries with data for 2021.
- Is bank overhead costs to total assets rising or falling in Nigeria?
- Over the last ten years it is down 68.3%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank overhead costs to total assets (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090[t] / ((data2025[t] + data2025[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.