Provisions to nonperforming loans in Nigeria
Nigeria: Provisions to nonperforming loans was 45.9% in 2016. β¬ Flat
Provisions to nonperforming loans in Nigeria, 1999β2016
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for provisions to nonperforming loans in Nigeria is 45.9%, measured in 2016.
That represents a change of down 36.5% on the previous year and down 8.8% over ten years.
Over the whole period, provisions to nonperforming loans in Nigeria peaked at 96.2% in 2004 and was at its lowest, 45.2%, in 2008.
That places Nigeria 107th out of 140 countries with data for 2016, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.7% | 46.7% | 46.7% | 1 |
| 2000s | 63.4% | 45.2% | 96.2% | 7 |
| 2010s | 64.8% | 45.9% | 80.0% | 7 |
Countries ranked near Nigeria
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)
- Domestic credit to private sector by banks 13.1% (2023)
Frequently asked questions
- What is provisions to nonperforming loans in Nigeria?
- Provisions to nonperforming loans in Nigeria was 45.9% in 2016, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest provisions to nonperforming loans recorded in Nigeria?
- The highest recorded value was 96.2% in 2004.
- What is the lowest provisions to nonperforming loans recorded in Nigeria?
- The lowest recorded value was 45.2% in 2008.
- How does Nigeria rank for provisions to nonperforming loans?
- Nigeria ranks 107th out of 140 countries with data for 2016.
- Is provisions to nonperforming loans rising or falling in Nigeria?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is flat.
- Where does this Nigeria data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.
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About this data
Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.