Mutual fund assets to GDP in Nigeria
Nigeria: Mutual fund assets to GDP was 1.0% in 2020. ◆ Volatile
Mutual fund assets to GDP in Nigeria, 2004–2020
Source: World Bank - Non banking financial database. Measured in %.
Analysis
Nigeria recorded 1.0% for mutual fund assets to gdp in 2020. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 40.3% on the previous year and up 736.3% over ten years.
Over the whole period, mutual fund assets to gdp in Nigeria peaked at 1.0% in 2020 and was at its lowest, 0.1%, in 2004.
That places Nigeria 71st out of 78 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Mutual fund assets to GDP in Nigeria, year by year
| Year | % | Change |
|---|---|---|
| 2004 | 0.1% | — |
| 2011 | 0.1% | +0.6% |
| 2012 | 0.1% | +21.4% |
| 2013 | 0.2% | +32.5% |
| 2014 | 0.2% | +3.2% |
| 2015 | 0.3% | +42.0% |
| 2016 | 0.2% | -21.4% |
| 2017 | 0.4% | +70.0% |
| 2018 | 0.5% | +32.1% |
| 2019 | 0.7% | +43.4% |
| 2020 | 1.0% | +40.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.1% | 0.1% | 1 |
| 2010s | 0.3% | 0.1% | 0.7% | 9 |
| 2020s | 1.0% | 1.0% | 1.0% | 1 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Total reserves in months of imports, annual growth rate -1.26 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 6.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0966 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 118.25 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 6.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 132.23 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 8.47 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 141.49 SDR per person (2025)
Frequently asked questions
- What is mutual fund assets to gdp in Nigeria?
- Mutual fund assets to gdp in Nigeria was 1.0% in 2020, according to World Bank - Non banking financial database.
- What is the highest mutual fund assets to gdp recorded in Nigeria?
- The highest recorded value was 1.0% in 2020.
- What is the lowest mutual fund assets to gdp recorded in Nigeria?
- The lowest recorded value was 0.1% in 2004.
- How does Nigeria rank for mutual fund assets to gdp?
- Nigeria ranks 71st out of 78 countries with data for 2020.
- Is mutual fund assets to gdp rising or falling in Nigeria?
- Over the last ten years it is up 736.3%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank - Non banking financial database, published as part of Mutual fund assets to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data taken from a variety of sources such as Investment Company Institute and national sources.