Nigeria Total Deposits Growth

1993 - 2019 | Monthly | % | CEIC Data

Key information about Nigeria Total Deposit Growth

  • Nigeria Total Deposit Growth was reported at 2.6 % in Dec 2019
  • This records a decrease from the previous number of 12.0 % for Nov 2019
  • Nigeria Total Deposit Growth data is updated monthly, averaging 21.4 % from Nov 1993 to Dec 2019, with 314 observations
  • The data reached an all-time high of 106.6 % in Feb 2007 and a record low of -15.8 % in Feb 2006
  • Nigeria Total Deposit Growth data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Deposits: Y-o-Y Growth: Monthly

CEIC calculates monthly Total Deposits Growth from monthly Total Deposits. Total Deposits is calculated as the sum of Demand Deposits and Time and Savings Deposits. The Central Bank of Lebanon provides Demand Deposits and Time and Savings Deposits in local currency. Total Deposits covers all banks.

View Nigeria's Total Deposits Growth from Nov 1993 to Dec 2019 in the chart:

Nigeria Total Deposits Growth

What was Nigeria's Total Deposits Growth in Dec 2019?

Nigeria Total Deposit Growth was reported at 2.6 % in Dec 2019 See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.6 Dec 2019 12.0 Nov 2019 -15.8 Feb 2006 106.6 Feb 2007 % monthly Nov 1993 - Dec 2019

Total Deposits Growth by Country Comparison

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Includes Total Deposits Growth on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 1.6 Jul 2023 monthly Jul 2008 - Jul 2023
Algeria (%) 16.5 Sep 2022 monthly Jun 2007 - Sep 2022
Argentina (%) 120.6 Aug 2023 monthly Jul 2003 - Aug 2023
Armenia (%) 25.5 Jul 2023 monthly Jan 2001 - Jul 2023
Australia (%) 3.7 Jun 2023 quarterly Sep 2005 - Jun 2023
Austria (%) -3.5 Jun 2023 monthly Sep 1998 - Jun 2023
Azerbaijan (%) 0.9 Jul 2023 monthly Jan 2006 - Jul 2023
Bahrain (%) 1.7 Jul 2023 monthly Jan 2002 - Jul 2023
Bangladesh (%) 7.5 Jun 2023 monthly Dec 1987 - Jun 2023
Belarus (%) 21.5 Jul 2023 monthly Dec 2003 - Jul 2023
Belgium (%) -1.2 Jul 2023 monthly Dec 1997 - Jul 2023
Bolivia (%) -6.9 Mar 2023 quarterly Sep 2015 - Mar 2023
Bosnia and Herzegovina (%) 7.5 Jul 2023 monthly Aug 1998 - Jul 2023
Botswana (%) 10.9 Jun 2023 monthly Dec 2003 - Jun 2023
Brazil (%) 13.2 Mar 2023 quarterly Mar 2001 - Mar 2023
Brunei (%) -2.0 Jun 2023 monthly Jan 2012 - Jun 2023
Bulgaria (%) 12.3 Jun 2023 quarterly Dec 2006 - Jun 2023
Cambodia (%) 9.4 Jun 2023 monthly Jan 1996 - Jun 2023
Canada (%) 6.7 Jun 2023 monthly Jan 2010 - Jun 2023
Chile (%) 10.3 Dec 2021 monthly Jan 2010 - Dec 2021
China (%) 6.0 Dec 2023 monthly Jan 1998 - Dec 2023
Croatia (%) 5.5 Jul 2023 monthly Dec 1994 - Jul 2023
Cyprus (%) 1.3 Jul 2023 monthly Nov 2006 - Jul 2023
Czech Republic (%) 8.7 Jul 2023 monthly Jan 1998 - Jul 2023
Denmark (%) 3.2 Jul 2023 monthly Jan 2004 - Jul 2023
Ecuador (%) 8.1 Jul 2023 monthly Jan 2007 - Jul 2023
Egypt (%) 32.0 Mar 2023 monthly Jun 2005 - Mar 2023
Estonia (%) 0.3 Jul 2023 monthly Jan 1998 - Jul 2023
European Union (%) 0.1 Jun 2023 monthly Sep 1998 - Jun 2023
Finland (%) -1.8 Jul 2023 monthly Jan 2000 - Jul 2023
France (%) -1.7 Jul 2023 monthly Jan 1981 - Jul 2023
Georgia (%) 22.3 Jul 2023 monthly Oct 1996 - Jul 2023
Germany (%) -1.1 Jun 2023 monthly Sep 1998 - Jun 2023
Ghana (%) 45.9 Apr 2023 monthly Dec 2005 - Apr 2023
Greece (%) 1.6 Jul 2023 monthly Jan 2002 - Jul 2023
Hong Kong SAR, China (%) 2.5 Jul 2023 monthly Jan 1992 - Jul 2023
Hungary (%) -3.4 Jul 2023 monthly Jan 1999 - Jul 2023
Iceland (%) 9.4 Jul 2023 monthly Sep 1994 - Jul 2023
India (%) 6.6 Mar 2023 quarterly Dec 1999 - Mar 2023
Indonesia (%) 6.8 Jul 2023 monthly Jan 2000 - Jul 2023
Iran (%) 39.5 2021 yearly 1974 - 2021
Ireland (%) -1.3 Jul 2023 monthly Jan 2004 - Jul 2023
Israel (%) 11.4 Sep 2022 monthly Dec 2008 - Sep 2022
Italy (%) -3.2 Mar 2023 quarterly Mar 1999 - Mar 2023
Ivory Coast (%) 11.8 Jun 2023 monthly Sep 2017 - Jun 2023
Japan (%) 3.0 Jul 2023 monthly Apr 1999 - Jul 2023
Jordan (%) 4.0 Jul 2023 monthly Jan 2001 - Jul 2023
Kazakhstan (%) 9.5 Jul 2023 monthly Dec 1998 - Jul 2023
Kenya (%) 7.4 Dec 2022 monthly Jan 2000 - Dec 2022
South Korea (%) 2.4 Jun 2023 monthly Sep 1993 - Jun 2023
Kosovo (%) 13.0 Jul 2023 monthly Jun 2005 - Jul 2023
Kuwait (%) 0.7 Jul 2023 monthly Jan 1995 - Jul 2023
Kyrgyzstan (%) 49.6 Jul 2023 monthly Jan 1997 - Jul 2023
Laos (%) 36.9 Mar 2023 quarterly Dec 2005 - Mar 2023
Latvia (%) 4.5 Jul 2023 monthly Jan 1994 - Jul 2023
Lithuania (%) 8.4 Jul 2023 monthly Mar 2005 - Jul 2023
Luxembourg (%) -10.3 Jun 2023 quarterly Mar 2004 - Jun 2023
Macau SAR, China (%) -2.0 Jul 2023 monthly Jun 1985 - Jul 2023
North Macedonia (%) 11.1 Jul 2023 monthly Jan 2004 - Jul 2023
Malawi (%) 150.9 Jul 2023 monthly Feb 2006 - Jul 2023
Malaysia (%) 5.3 Jul 2023 monthly Jan 2008 - Jul 2023
Malta (%) -1.3 Jul 2023 monthly Oct 2004 - Jul 2023
Mauritius (%) 7.3 Jun 2023 monthly Jun 2006 - Jun 2023
Mexico (%) 11.5 Jul 2023 monthly Jan 1999 - Jul 2023
Moldova (%) 9.4 Jul 2017 monthly Jan 2001 - Jul 2017
Mongolia (%) 9.0 Jul 2023 monthly Jan 2001 - Jul 2023
Montenegro (%) 17.1 Jul 2023 monthly Jan 2004 - Jul 2023
Mozambique (%) 14.4 May 2020 monthly Jan 2008 - May 2020
Nepal (%) 12.1 Jul 2023 monthly Jan 2002 - Jul 2023
Netherlands (%) -0.5 Jul 2023 monthly Dec 1991 - Jul 2023
New Zealand (%) 3.6 Jul 2023 monthly Dec 2017 - Jul 2023
Nigeria (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Norway (%) 1.4 Jul 2023 monthly May 2010 - Jul 2023
Oman (%) 3.1 Jun 2023 monthly Jan 2001 - Jun 2023
Pakistan (%) 8.8 2022 yearly 1998 - 2022
Palestinian Territory (%) 3.3 Jul 2023 monthly Jan 2001 - Jul 2023
Panama (%) 4.5 Jul 2023 monthly Dec 1999 - Jul 2023
Paraguay (%) 11.8 Jul 2023 monthly Jan 1995 - Jul 2023
Peru (%) -1.5 Jul 2023 monthly Jan 1999 - Jul 2023
Philippines (%) 8.0 Jun 2023 quarterly Mar 2009 - Jun 2023
Poland (%) 7.9 Jul 2023 monthly Dec 1997 - Jul 2023
Portugal (%) -3.4 Jun 2023 monthly Dec 1980 - Jun 2023
Qatar (%) -3.8 Jul 2023 monthly Dec 2002 - Jul 2023
Romania (%) 11.7 Jul 2023 monthly Jan 2008 - Jul 2023
Russia (%) 14.1 Jan 2022 monthly Jan 1999 - Jan 2022
Saudi Arabia (%) 9.8 Jul 2023 monthly Jan 1994 - Jul 2023
Serbia (%) 12.5 Jun 2023 monthly Aug 2002 - Jun 2023
Singapore (%) 7.4 Jul 2023 monthly Jan 1992 - Jul 2023
Slovakia (%) 0.0 Jul 2023 monthly Jan 2016 - Jul 2023
Slovenia (%) 1.8 Jun 2023 monthly Jan 2005 - Jun 2023
South Africa (%) 9.8 Mar 2023 monthly Dec 1987 - Mar 2023
Spain (%) 6.4 Apr 2019 monthly Jan 2004 - Apr 2019
Sri Lanka (%) 4.7 May 2023 monthly Dec 2003 - May 2023
Sudan (%) 52.3 Feb 2023 monthly Jun 2003 - Feb 2023
Sweden (%) -2.2 Jul 2023 monthly Dec 1976 - Jul 2023
Switzerland (%) -14.3 May 2023 monthly Dec 1988 - May 2023
Taiwan (%) 8.0 Jul 2023 monthly May 1988 - Jul 2023
Tajikistan (%) 53.4 Jul 2023 monthly Jan 2003 - Jul 2023
Thailand (%) 0.6 Jul 2023 monthly Dec 2001 - Jul 2023
Tunisia (%) 9.8 May 2023 monthly Jan 1980 - May 2023

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Nigeria Key Series

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Includes 198 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Consolidated Fiscal Balance (USD mn) -3,119.933 Mar 2023 quarterly Mar 2005 - Mar 2023
National Government Debt (USD mn) 96,393.4 Mar 2023 quarterly Dec 2006 - Mar 2023
Government Debt: % of GDP (%) 21.6 Mar 2023 quarterly Dec 2010 - Mar 2023
Forecast: Government Expenditure (NGN bn) 61,694.894 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 194,807.410 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 34,157.805 2028 yearly 1990 - 2028
Federal Govt Balance (NGN bn) -1,430.830 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Expenditure: Capital (NGN bn) 270.710 Mar 2023 quarterly Mar 2005 - Mar 2023
Gross Federation Account Revenue (NGN bn) 3,478.790 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,345.670 Mar 2023 quarterly Mar 2005 - Mar 2023
Gross Federation Account Revenue: Oil (NGN bn) 1,341.120 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Revenue (NGN bn) 1,342.150 Mar 2023 quarterly Mar 2005 - Mar 2023
Federal Govt Expenditure (NGN bn) 2,772.980 Mar 2023 quarterly Mar 2005 - Mar 2023
Government Debt: Domestic (NGN bn) 21,551.925 Sep 2022 quarterly Dec 2005 - Sep 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,864.8 Jun 2023 monthly Jan 2003 - Jun 2023
Total Exports (USD mn) 4,980.1 Jun 2023 monthly Jan 2003 - Jun 2023
Total Exports Growth (%) 20.8 Jun 2023 monthly Jan 2004 - Jun 2023
Aluminum: Exports (USD th) 165,096.506 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) -51.0 Jun 2023 monthly Jan 2004 - Jun 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 572.559 Jun 2023 monthly Jan 2003 - Jun 2023
Total Imports from USA (USD mn) 152.825 Jun 2023 monthly Dec 2009 - Jun 2023
Total Exports to China (USD mn) 95.340 Jun 2023 monthly Jan 2007 - Jun 2023
Total Imports from China (USD mn) 789.577 Jun 2023 monthly Jan 2007 - Jun 2023
Imports (NGN mn) 1,285,540.268 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: Crude Oil (NGN mn) 2,414,082.844 Jun 2023 monthly Jan 2003 - Jun 2023
Total Trade (NGN mn) 4,312,166.584 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: America: ow USA (NGN mn) 347,972.110 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: Europe: ow Netherlands (NGN mn) 211,211.147 Jun 2023 monthly Jan 2003 - Jun 2023
Exports (NGN mn) 3,026,626.316 Jun 2023 monthly Jan 2003 - Jun 2023
Exports: Europe: ow UK (NGN mn) 261,128.427 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Asia: ow China (NGN mn) 479,864.758 Jun 2023 monthly Jan 2007 - Jun 2023
Imports: Europe: ow Netherlands (NGN mn) 65,817.881 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Europe: ow Germany (NGN mn) 28,945.326 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: America: ow USA (NGN mn) 92,879.196 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Europe: ow UK (NGN mn) 22,052.326 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Chemicals and Chemical Products (NGN mn) 209,078.730 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 103,084.916 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Manufactured Goods (NGN mn) 154,179.230 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Food and Live Animals (NGN mn) 260,951.755 Jun 2023 monthly Jan 2003 - Jun 2023
Imports: Machinery and Transport Equipment (NGN mn) 456,731.551 Jun 2023 monthly Jan 2003 - Jun 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 274.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance (USD mn) 2,348.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance: % of GDP (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment: % of GDP (%) 0.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment (USD mn) 337.399 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 339.714 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt (USD mn) 42,671.7 Mar 2023 quarterly Dec 2006 - Mar 2023
External Debt: % of GDP (%) 8.9 2022 yearly 1985 - 2022
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) -1.502 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -77,562.105 2022 yearly 2005 - 2022
BoP: CA: Goods: Debit (USD mn) -12,702.530 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,452.430 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CA: Income: Credit (USD mn) 296.607 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities (USD mn) 3,607.108 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,699.632 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods (USD mn) 2,798.047 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets (USD mn) -1,085.664 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income (USD mn) -2,264.294 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Debit (USD mn) -2,775.122 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Debit (USD mn) -4,428.113 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 848.311 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Debit (USD mn) -505.024 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: Net Errors & Omission (USD mn) -3,201.073 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services (USD mn) -3,132.845 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Credit (USD mn) 1,295.268 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Credit (USD mn) 14,585.159 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account (USD mn) 852.759 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 31,889.659 Jul 2023 monthly Nov 1992 - Jul 2023
Money Supply M2 (USD mn) 85,708.733 Jul 2023 monthly Nov 1992 - Jul 2023
M2 Growth (%) 34.4 Jul 2023 monthly Nov 1993 - Jul 2023
Reserve Requirement Ratio (%) 32.5 Aug 2023 monthly Nov 2005 - Aug 2023
Foreign Exchange Reserves (USD mn) 35,144.3 Mar 2023 monthly Jan 1960 - Mar 2023
Foreign Exchange Reserves: % of GDP (%) 7.433 Mar 2023 quarterly Dec 2010 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 11.8 Mar 2023 monthly Jan 2003 - Mar 2023
Gold Reserves (USD mn) 1,406.391 Apr 2021 monthly Dec 1950 - Apr 2021
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 114,144.1 Jul 2023 monthly Nov 1992 - Jul 2023
Domestic Credit Growth (%) 44.2 Jul 2023 monthly Nov 1993 - Jul 2023
Private Debt: % of Nominal GDP (%) 12.94 Dec 2022 quarterly Dec 2010 - Dec 2022
Monetary Survey: Liabilities: Base Money (NGN mn) 17,376,486.410 Jul 2023 monthly Jan 1993 - Jul 2023
Monetary Survey: Liabilities: M2: M1 (NGN mn) 24,157,118.360 Jul 2023 monthly Nov 1992 - Jul 2023
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 40,769,132.380 Jul 2023 monthly Nov 1992 - Jul 2023
Monetary Survey: Liabilities: M2 (NGN mn) 64,926,250.750 Jul 2023 monthly Nov 1992 - Jul 2023
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -23.4 Feb 2023 monthly Jul 2015 - Feb 2023

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