Domestic finance, S1 - Banking supervisions in Nigeria
Nigeria: Domestic finance, S1 - Banking supervisions was 2 in 2014. ◆ Volatile
Domestic finance, S1 - Banking supervisions in Nigeria, 1973–2014
Source: International Monetary Fund.
Analysis
Nigeria recorded 2 for domestic finance, s1 - banking supervisions in 2014. That is the highest value across all 42 years on record.
That represents a change of unchanged over ten years.
Over the whole period, domestic finance, s1 - banking supervisions in Nigeria peaked at 2 in 1999 and was at its lowest, 0, in 1973.
Nigeria ranks 40th of 90 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic finance, S1 - Banking supervisions in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0 | — |
| 1974 | 0 | — |
| 1975 | 0 | — |
| 1976 | 0 | — |
| 1977 | 0 | — |
| 1978 | 0 | — |
| 1979 | 0 | — |
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 1 | — |
| 1992 | 1 | +0.0% |
| 1993 | 1 | +0.0% |
| 1994 | 1 | +0.0% |
| 1995 | 1 | +0.0% |
| 1996 | 1 | +0.0% |
| 1997 | 1 | +0.0% |
| 1998 | 1 | +0.0% |
| 1999 | 2 | +100.0% |
| 2000 | 2 | +0.0% |
| 2001 | 2 | +0.0% |
| 2002 | 2 | +0.0% |
| 2003 | 2 | +0.0% |
| 2004 | 2 | +0.0% |
| 2005 | 2 | +0.0% |
| 2006 | 2 | +0.0% |
| 2007 | 1 | -50.0% |
| 2008 | 1 | +0.0% |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 2 | +100.0% |
| 2013 | 2 | +0.0% |
| 2014 | 2 | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 | 0 | 0 | 7 |
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 1 | 0 | 2 | 10 |
| 2000s | 1.7 | 1 | 2 | 10 |
| 2010s | 1.6 | 1 | 2 | 5 |
Countries ranked near Nigeria
- 40 Argentina 2 compare
- 40 Burkina Faso 2 compare
- 40 Bangladesh 2 compare
- 40 Chile 2 compare
- 40 China 2 compare
- 40 Cameroon 2 compare
- 40 Dominican Republic 2 compare
- 40 Ethiopia 2 compare
- 40 Guatemala 2 compare
- 40 Hong Kong, China 2 compare
- 40 Indonesia 2 compare
- 40 Italy 2 compare
- 40 Jamaica 2 compare
- 40 Jordan 2 compare
- 40 Kyrgyzstan 2 compare
- 40 Republic of Korea 2 compare
- 40 Sri Lanka 2 compare
- 40 Madagascar 2 compare
- 40 Mexico 2 compare
- 40 Nicaragua 2 compare
- 40 New Zealand 2 compare
- 40 Pakistan 2 compare
- 40 Peru 2 compare
- 40 Philippines 2 compare
- 40 Poland 2 compare
- 40 Singapore 2 compare
- 40 El Salvador 2 compare
- 40 Sweden 2 compare
- 40 Tunisia 2 compare
- 40 Tanzania, United Republic of 2 compare
- 40 Uganda 2 compare
- 40 Uruguay 2 compare
- 40 Uzbekistan 2 compare
- 40 South Africa 2 compare
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 domestic finance, s1 - banking supervisions in Nigeria?
- Domestic finance, s1 - banking supervisions in Nigeria was 2 in 2014, according to International Monetary Fund.
- What is the highest domestic finance, s1 - banking supervisions recorded in Nigeria?
- The highest recorded value was 2 in 1999.
- What is the lowest domestic finance, s1 - banking supervisions recorded in Nigeria?
- The lowest recorded value was 0 in 1973.
- How does Nigeria rank for domestic finance, s1 - banking supervisions?
- Nigeria ranks 40th out of 90 countries with data for 2014.
- Is domestic finance, s1 - banking supervisions rising or falling in Nigeria?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Domestic finance, S1 - Banking supervisions. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.