Global leasing volume to GDP in Nigeria

Nigeria: Global leasing volume to GDP was 0.2% in 2019. ◆ Volatile

Latest (2019)
0.2%
Change on year
up 43.8%
World rank
48th
of 58 countries
All-time high
1.3%
in 2004
All-time low
0.1%
in 2012
Years of data
16
2004–2019

Global leasing volume to GDP in Nigeria, 2004–2019

0.250.50.7511.22004201120192004: 1.3 %2005: 0.89 %2006: 1.3 %2007: 1.2 %2008: 1.2 %2009: 0.97 %2010: 0.3 %2011: 0.5 %2012: 0.13 %2013: 0.24 %2014: 0.17 %2015: 0.37 %2016: 0.13 %2017: 0.14 %2018: 0.16 %2019: 0.23 %

Source: White Clarke Global Leasing Report. Measured in %.

Analysis

In 2019, global leasing volume to gdp in Nigeria stood at 0.2%.

Compared with earlier readings it is up 43.8% on the previous year and down 76.3% over ten years.

Over the whole period, global leasing volume to gdp in Nigeria peaked at 1.3% in 2004 and was at its lowest, 0.1%, in 2012.

That places Nigeria 48th out of 58 countries with data for 2019, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Global leasing volume to GDP in Nigeria, year by year

Annual values for Global leasing volume to GDP (%) in Nigeria, 2004 to 2019.
Year % Change
2004 1.3%
2005 0.9% -31.0%
2006 1.3% +42.7%
2007 1.2% -1.6%
2008 1.2% -4.8%
2009 1.0% -18.5%
2010 0.3% -69.1%
2011 0.5% +66.7%
2012 0.1% -74.0%
2013 0.2% +84.6%
2014 0.2% -29.2%
2015 0.4% +117.6%
2016 0.1% -64.9%
2017 0.1% +7.7%
2018 0.2% +14.3%
2019 0.2% +43.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% 0.9% 1.3% 6
2010s 0.2% 0.1% 0.5% 10

Countries ranked near Nigeria

  1. 45 Malaysia 0.4% compare
  2. 46 Egypt 0.3% compare
  3. 47 Greece 0.2% compare
  4. 48 Brazil 0.2% compare
  5. 50 New Zealand 0.2% compare
  6. 51 Iran, Islamic Republic of 0.1% compare

See the full ranking of 58 places →

More financial sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is global leasing volume to gdp in Nigeria?
Global leasing volume to gdp in Nigeria was 0.2% in 2019, according to White Clarke Global Leasing Report.
What is the highest global leasing volume to gdp recorded in Nigeria?
The highest recorded value was 1.3% in 2004.
What is the lowest global leasing volume to gdp recorded in Nigeria?
The lowest recorded value was 0.1% in 2012.
How does Nigeria rank for global leasing volume to gdp?
Nigeria ranks 48th out of 58 countries with data for 2019.
Is global leasing volume to gdp rising or falling in Nigeria?
Over the last ten years it is down 76.3%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from White Clarke Global Leasing Report, published as part of Global leasing volume to GDP (%). Statizoid updates them automatically from the source API.

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Global leasing volume to GDP in Nigeria. Statizoid, drawing on White Clarke Global Leasing Report. Retrieved 22 August 2026, from https://financial-sector.statizoid.com/stat/global-leasing-volume-to-gdp-percent/nigeria/

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About this data

Indicator
Global leasing volume to GDP (%)
Unit
%
Source
White Clarke Global Leasing Report
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
58 places, 786 data points, 2004–2019
Last refreshed

Ratios calculated by source.