Bank return on equity in Nigeria
Nigeria: Bank return on equity was 12.6% in 2021. ▼ Falling
Bank return on equity in Nigeria, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
The most recent figure for bank return on equity in Nigeria is 12.6%, measured in 2021.
That represents a change of down 17.2% on the previous year and down 48.4% over ten years.
Over the whole period, bank return on equity in Nigeria peaked at 43.1% in 2001 and was at its lowest, 11.1%, in 2016.
Nigeria ranks 79th of 167 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 | 23.7% | 15.5% | 43.1% | 9 |
| 2010s | 16.9% | 11.1% | 24.5% | 8 |
| 2020s | 13.9% | 12.6% | 15.3% | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Domestic credit to private sector by banks 13.1% (2023)
- Total reserves in months of imports 7.12 (2025)
- Net domestic credit 66.12 trillion current LCU (2022)
- Net foreign assets 3.79 trillion current LCU (2022)
- Monetary Sector credit to private sector 9.6% (2022)
- Broad money 25.1% (2023)
- Claims on central government, etc. 8.6% (2022)
- Domestic credit to private sector 9.6% (2022)
- Official exchange rate 1,518 LCU per US$, period average (2025)
- Net migration -15,258 (2025)
Frequently asked questions
- What is bank return on equity in Nigeria?
- Bank return on equity in Nigeria was 12.6% 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 43.1% in 2001.
- What is the lowest bank return on equity recorded in Nigeria?
- The lowest recorded value was 11.1% in 2016.
- How does Nigeria rank for bank return on equity?
- Nigeria ranks 79th out of 167 countries with data for 2021.
- Is bank return on equity rising or falling in Nigeria?
- Over the last ten years it is down 48.4%. 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 (%, before tax). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data10270[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.