Global leasing volume to GDP (%) in Nigeria
Nigeria: Global leasing volume to GDP (%) was 0.2% in 2019. ◆ Volatile
Global leasing volume to GDP in Nigeria, 2004–2019
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
| 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% |
Nigeria compared with similar countries
- Nigeria's 0.2% is below the median for lower middle income countries, which is 0.3%, 88% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.1% | 0.9% | 1.3% | 6 |
| 2010s | 0.2% | 0.1% | 0.5% | 10 |
Countries ranked near Nigeria
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 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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About this data
Ratios calculated by source.