Bank return on equity in Nigeria
Nigeria: Bank return on equity was 11.8% in 2021. ▼ Falling
Bank return on equity in Nigeria, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
The most recent figure for bank return on equity in Nigeria is 11.8%, measured in 2021.
The figure is down 17.3% on the previous year and down 47.8% over ten years.
Over the whole period, bank return on equity in Nigeria peaked at 34.1% in 2001 and was at its lowest, 9.1%, in 2016.
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 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.6% | 10.7% | 34.1% | 9 |
| 2010s | 15.0% | 9.1% | 22.6% | 8 |
| 2020s | 13.1% | 11.8% | 14.3% | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is bank return on equity in Nigeria?
- Bank return on equity in Nigeria was 11.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Nigeria?
- The highest recorded value was 34.1% in 2001.
- What is the lowest bank return on equity recorded in Nigeria?
- The lowest recorded value was 9.1% in 2016.
- How does Nigeria rank for bank return on equity?
- Nigeria ranks 61st out of 168 countries with data for 2021.
- Is bank return on equity rising or falling in Nigeria?
- Over the last ten years it is down 47.8%. 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 return on equity (%, after tax). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.