Banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria
Nigeria: Banking crisis dummy (1=banking crisis, 0=none), annual growth rate was -100 % change on previous year in 2013. ◆ Volatile
Latest (2013)
-100 % change on previous year
World rank
3rd
of 54 countries
All-time high
0 % change on previous year
in 1992
All-time low
-100 % change on previous year
in 1996
Years of data
9
1992–2013
Banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria, 1992–2013
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria is -100 % change on previous year, measured in 2013. That is the lowest value across all 9 years on record.
Over the whole period, banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria peaked at 0 % change on previous year in 1992 and was at its lowest, -100 % change on previous year, in 1996.
That places Nigeria 3rd out of 54 countries with data for 2013, putting it in the top 10%.
Banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 0 % change on previous year | — |
| 1993 | 0 % change on previous year | — |
| 1994 | 0 % change on previous year | — |
| 1995 | 0 % change on previous year | — |
| 1996 | -100 % change on previous year | — |
| 2010 | 0 % change on previous year | -100.0% |
| 2011 | 0 % change on previous year | — |
| 2012 | 0 % change on previous year | — |
| 2013 | -100 % change on previous year | — |
Nigeria compared with similar countries
- Nigeria's -100 % change on previous year is above the median for lower middle income countries, which is -100 % change on previous year, 1.0× the median. (12 countries reporting)
- Nigeria's -100 % change on previous year is above the median for Sub-Saharan Africa, which is -100 % change on previous year, 1.0× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -20 % change on previous year | -100 % change on previous year | 0 % change on previous year | 5 |
| 2010s | -25 % change on previous year | -100 % change on previous year | 0 % change on previous year | 4 |
Countries ranked near Nigeria
- 1 Guinea-Bissau 0 % change on previous year compare
- 1 Ukraine 0 % change on previous year compare
- 3 Argentina -100 % change on previous year compare
- 3 Austria -100 % change on previous year compare
- 3 Burundi -100 % change on previous year compare
- 3 Belgium -100 % change on previous year compare
- 3 Benin -100 % change on previous year
- 3 Burkina Faso -100 % change on previous year
- 3 Bosnia and Herzegovina -100 % change on previous year compare
- 3 Brazil -100 % change on previous year compare
- 3 Chile -100 % change on previous year
- 3 Côte d'Ivoire -100 % change on previous year
- 3 Cameroon -100 % change on previous year compare
- 3 Costa Rica -100 % change on previous year compare
- 3 Cyprus -100 % change on previous year
- 3 Czechia -100 % change on previous year compare
- 3 Djibouti -100 % change on previous year compare
- 3 Algeria -100 % change on previous year
- 3 Ecuador -100 % change on previous year compare
- 3 Spain -100 % change on previous year compare
- 3 Finland -100 % change on previous year compare
- 3 United Kingdom of Great Britain and Northern Ireland -100 % change on previous year compare
- 3 Georgia -100 % change on previous year compare
- 3 Greece -100 % change on previous year compare
- 3 Haiti -100 % change on previous year compare
- 3 Hungary -100 % change on previous year compare
- 3 Indonesia -100 % change on previous year compare
- 3 Ireland -100 % change on previous year compare
- 3 Iceland -100 % change on previous year compare
- 3 Japan -100 % change on previous year compare
- 3 Kyrgyzstan -100 % change on previous year compare
- 3 Liberia -100 % change on previous year compare
- 3 Luxembourg -100 % change on previous year compare
- 3 Latvia -100 % change on previous year compare
- 3 Morocco -100 % change on previous year
- 3 Mexico -100 % change on previous year compare
- 3 Mali -100 % change on previous year
- 3 Mozambique -100 % change on previous year
- 3 Nicaragua -100 % change on previous year compare
- 3 Philippines -100 % change on previous year compare
- 3 Portugal -100 % change on previous year compare
- 3 Sierra Leone -100 % change on previous year
- 3 Slovakia -100 % change on previous year compare
- 3 Slovenia -100 % change on previous year compare
- 3 Sweden -100 % change on previous year compare
- 3 Eswatini -100 % change on previous year compare
- 3 Chad -100 % change on previous year compare
- 3 Thailand -100 % change on previous year compare
- 3 Türkiye -100 % change on previous year compare
- 3 Uruguay -100 % change on previous year compare
- 3 United States of America -100 % change on previous year compare
- 3 Venezuela, Bolivarian Republic of -100 % change on previous year compare
- 3 Zimbabwe -100 % change on previous year compare
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 banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria?
- Banking crisis dummy (1=banking crisis, 0=none), annual growth rate in Nigeria was -100 % change on previous year in 2013, according to Statizoid (derived).
- What is the highest banking crisis dummy (1=banking crisis, 0=none), annual growth rate recorded in Nigeria?
- The highest recorded value was 0 % change on previous year in 1992.
- What is the lowest banking crisis dummy (1=banking crisis, 0=none), annual growth rate recorded in Nigeria?
- The lowest recorded value was -100 % change on previous year in 1996.
- How does Nigeria rank for banking crisis dummy (1=banking crisis, 0=none), annual growth rate?
- Nigeria ranks 3rd out of 54 countries with data for 2013.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Banking crisis dummy (1=banking crisis, 0=none), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Banking crisis dummy (1=banking crisis, 0=none). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Banking crisis dummy Luc Laeven and Fabián Valencia, 2012. “Systemic Banking Crises Database: An Update”, IMF Working Paper WP/12/163
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Banking crisis dummy (1=banking crisis, 0=none). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.