Domestic finance, S1 - Banking supervisions in Nigeria
Nigeria: Domestic finance, S1 - Banking supervisions was 2 in 2014. ◆ Volatile
Latest (2014)
2
Change on year
unchanged
World rank
40th
of 90 countries
All-time high
2
in 1999
All-time low
0
in 1973
Years of data
42
1973–2014
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% |
Nigeria compared with similar countries
- Nigeria's 2 is above the median for lower middle income countries, which is 2, 1.0× the median. (20 countries reporting)
- Nigeria's 2 is above the median for Sub-Saharan Africa, which is 2, 1.0× the median. (14 countries reporting)
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 2 compare
- 40 Indonesia 2 compare
- 40 Italy 2 compare
- 40 Jamaica 2 compare
- 40 Jordan 2 compare
- 40 Kyrgyzstan 2 compare
- 40 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 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
- 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 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.