Bank return on assets (%, after tax) in Nigeria
Nigeria: Bank return on assets (%, after tax) was 1.3% in 2021. ◆ Volatile
Bank return on assets in Nigeria, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
Nigeria recorded 1.3% for bank return on assets in 2021.
The figure is down 23.7% on the previous year and up 215.1% over ten years.
Over the whole period, bank return on assets in Nigeria peaked at 3.8% in 2010 and was at its lowest, -23.3%, in 2009.
That places Nigeria 54th out of 168 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Bank return on assets (%, after tax) in Nigeria, year by year
| Year | %, after tax | Change |
|---|---|---|
| 2000 | 2.6% | — |
| 2001 | 3.3% | +27.5% |
| 2002 | 2.4% | -25.1% |
| 2003 | 1.8% | -24.7% |
| 2004 | 2.0% | +10.0% |
| 2005 | 2.1% | +3.5% |
| 2006 | 1.8% | -16.3% |
| 2007 | 2.7% | +52.2% |
| 2008 | 2.1% | -21.1% |
| 2009 | -23.3% | -1204.7% |
| 2010 | 3.8% | -116.3% |
| 2011 | 0.4% | -89.0% |
| 2012 | 3.3% | +675.9% |
| 2013 | 2.1% | -36.6% |
| 2014 | 2.1% | +2.4% |
| 2015 | 1.5% | -30.8% |
| 2016 | 1.3% | -11.6% |
| 2017 | 1.8% | +40.7% |
| 2018 | 2.1% | +16.8% |
| 2019 | 2.2% | +4.0% |
| 2020 | 1.7% | -21.6% |
| 2021 | 1.3% | -23.7% |
Nigeria compared with similar countries
- Nigeria's 1.3% is above the median for lower middle income countries, which is 1.3%, 1.0× the median. (38 countries reporting)
- Nigeria's 1.3% is below the median for Sub-Saharan Africa, which is 1.6%, 81% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Bank return on assets (%, after tax) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1204.7% | 2.1% | -23.3% |
| 2012 | +675.9% | 0.4% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.3% | -23.3% | 3.3% | 10 |
| 2010s | 2.1% | 0.4% | 3.8% | 10 |
| 2020s | 1.5% | 1.3% | 1.7% | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank return on assets in Nigeria?
- Bank return on assets in Nigeria was 1.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on assets recorded in Nigeria?
- The highest recorded value was 3.8% in 2010.
- What is the lowest bank return on assets recorded in Nigeria?
- The lowest recorded value was -23.3% in 2009.
- How does Nigeria rank for bank return on assets?
- Nigeria ranks 54th out of 168 countries with data for 2021.
- Is bank return on assets rising or falling in Nigeria?
- Over the last ten years it is up 215.1%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on assets (%, after tax). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2115[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.