Nigeria - Credit to GDP 2018
10.25%
−2.61% from 2017
Nigeria's credit to gdp was 10.25% in 2018, decreased +2.61% from 12.85% in 2017. This was the 14th highest globally.
Global Ranking - 2018▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | -100.0% |
| 2nd | South Sudan | 1.53% | -10.5% |
| 3rd | Afghanistan | 3.51% | -8.6% |
| 4th | Sierra Leone | 3.64% | 9.4% |
| 5th | Zimbabwe | 5.83% | 0.3% |
| 6th | Congo, Democratic Republic of | 5.92% | 6.9% |
| 7th | Malawi | 6.82% | -8.8% |
| 8th | Gambia, The | 7.05% | 15.8% |
| 9th | Chad | 8.25% | -9.4% |
| 10th | Iraq | 8.58% | -10.2% |
| 11th | Sudan | 9.35% | 11.5% |
| 12th | Guinea | 9.65% | 5.9% |
| 13th | Niger | 10.20% | -10.6% |
| 14th | Nigeria | 10.25% | -20.3% |
| 15th | Haiti | 11.21% | 14.0% |
| 16th | Tajikistan | 11.94% | -8.2% |
| 17th | Central African Republic | 12.34% | 10.1% |
| 18th | Tanzania | 12.70% | -2.9% |
| 19th | Libya | 12.85% | -13.1% |
| 20th | Madagascar | 12.97% | 2.1% |
| 21st | Congo, Republic of | 13.00% | -17.6% |
| 22nd | Gabon | 13.08% | 27.1% |
| 23rd | Angola | 13.26% | -10.7% |
| 24th | Uganda | 13.64% | 1.2% |
| 25th | Ghana | 13.71% | -14.8% |
| 26th | Guinea-Bissau | 13.85% | 18.3% |
| 27th | Equatorial Guinea | 14.19% | 0.5% |
| 28th | Cameroon | 14.68% | 4.4% |
| 29th | Zambia | 14.97% | 0.5% |
| 30th | Comoros | 15.91% | -3.3% |
| 31st | Timor-Leste | 16.06% | -2.0% |
| 32nd | Burundi | 16.51% | 11.0% |
| 33rd | Pakistan | 16.63% | 8.6% |
| 34th | Benin | 16.75% | 1.0% |
| 35th | Liberia | 16.98% | 1.3% |
| 36th | Papua New Guinea | 18.74% | -3.1% |
| 37th | Côte d'Ivoire | 19.27% | 0.1% |
| 38th | Lesotho | 20.13% | 0.6% |
| 39th | Micronesia, Federated States of | 20.32% | -12.6% |
| 40th | Uzbekistan | 20.43% | 45.2% |
| 41st | Azerbaijan | 20.77% | -6.0% |
| 42nd | Eswatini | 20.99% | 1.7% |
| 43rd | Rwanda | 21.40% | 3.9% |
| 44th | Mali | 21.45% | -1.5% |
| 45th | Djibouti | 21.63% | 2.2% |
| 46th | Mauritania | 22.04% | 4.6% |
| 47th | Mozambique | 22.13% | -9.5% |
| 48th | Algeria | 22.39% | 2.4% |
| 49th | Kyrgyz Republic | 23.37% | 9.2% |
| 50th | Moldova | 23.64% | 2.2% |
| 51st | Suriname | 24.28% | -14.2% |
| 52nd | Egypt, Arab Republic of | 24.30% | -10.2% |
| 53rd | São Tomé and Principe | 24.77% | -15.9% |
| 54th | Uruguay | 24.94% | 4.3% |
| 55th | Romania | 25.69% | -3.7% |
| 56th | Kazakhstan | 25.93% | -11.2% |
| 57th | Myanmar | 26.21% | 7.0% |
| 58th | Burkina Faso | 27.15% | -1.0% |
| 59th | Dominican Republic | 27.39% | -0.7% |
| 60th | Belarus | 27.61% | 5.3% |
| 61st | Togo | 27.81% | -6.2% |
| 62nd | Senegal | 29.55% | -0.4% |
| 63rd | Solomon Islands | 30.70% | -7.6% |
| 64th | Maldives | 31.04% | -0.5% |
| 65th | Kenya | 31.20% | -5.9% |
| 66th | Hungary | 32.26% | -0.4% |
| 67th | Albania | 32.51% | -4.8% |
| 68th | Mexico | 33.62% | -2.1% |
| 69th | Ukraine | 34.51% | -9.9% |
| 70th | Botswana | 34.74% | 2.3% |
| 71st | Brunei Darussalam | 35.04% | -11.2% |
| 72nd | Guatemala | 35.05% | -0.3% |
| 73rd | Guyana | 36.57% | 7.3% |
| 74th | Latvia | 37.91% | -13.2% |
| 75th | Ecuador | 38.34% | 12.0% |
| 76th | Indonesia | 38.81% | 0.2% |
| 77th | Trinidad and Tobago | 38.94% | 3.9% |
| 78th | Tonga | 39.30% | 3.4% |
| 79th | Ireland | 39.72% | -6.8% |
| 80th | Serbia | 39.72% | 2.6% |
| 81st | Nicaragua | 39.86% | -6.7% |
| 82nd | Lithuania | 39.99% | -2.4% |
| 83rd | Bangladesh | 40.02% | -1.0% |
| 84th | Jamaica | 40.26% | 5.3% |
| 85th | Dominica | 41.65% | -11.8% |
| 86th | Antigua and Barbuda | 41.65% | -5.8% |
| 87th | Slovenia | 43.70% | -3.9% |
| 88th | Peru | 43.90% | 3.5% |
| 89th | St. Vincent and the Grenadines | 44.43% | -4.9% |
| 90th | Kosovo | 44.46% | 6.7% |
| 91st | Paraguay | 44.60% | 8.4% |
| 92nd | West Bank and Gaza | 44.84% | 7.4% |
| 93rd | Belize | 45.33% | 2.2% |
| 94th | Colombia | 45.87% | -7.9% |
| 95th | Sri Lanka | 46.70% | 6.4% |
| 96th | Philippines | 47.56% | 4.3% |
| 97th | St. Kitts and Nevis | 49.17% | -0.2% |
| 98th | Montenegro | 50.23% | 1.6% |
| 99th | North Macedonia | 50.24% | 0.7% |
| 100th | India | 50.34% | 3.2% |
| 101st | Bulgaria | 50.54% | 1.5% |
| 102nd | Grenada | 50.65% | -0.8% |
| 103rd | Czechia | 50.72% | 1.0% |
| 104th | Russian Federation | 51.24% | -1.6% |
| 105th | Poland | 51.90% | -0.7% |
| 106th | Bolivia, Plurinational State of | 52.12% | 8.9% |
| 107th | Cabo Verde | 53.66% | -3.2% |
| 108th | Croatia | 54.27% | -3.1% |
| 109th | Bhutan | 54.85% | 13.5% |
| 110th | Mongolia | 55.41% | 4.9% |
| 111th | Armenia | 55.50% | 7.7% |
| 112th | St. Lucia | 55.90% | -5.0% |
| 113th | Aruba | 55.97% | -2.2% |
| 114th | Bosnia and Herzegovina | 56.66% | -1.5% |
| 115th | El Salvador | 57.28% | 2.2% |
| 116th | Georgia | 59.51% | 8.1% |
| 117th | Brazil | 60.22% | 1.2% |
| 118th | Costa Rica | 60.30% | 1.0% |
| 119th | Estonia | 60.76% | -3.3% |
| 120th | Oman | 61.07% | -7.4% |
| 121st | Slovak Republic | 61.44% | 2.6% |
| 122nd | Vanuatu | 61.50% | -4.6% |
| 123rd | Honduras | 62.81% | 8.7% |
| 124th | Tunisia | 63.52% | -1.9% |
| 125th | Israel | 65.49% | 1.3% |
| 126th | Namibia | 65.84% | 1.2% |
| 127th | Türkiye | 66.70% | -4.8% |
| 128th | Belgium | 68.17% | 4.3% |
| 129th | Barbados | 68.55% | -5.0% |
| 130th | Malta | 69.09% | -2.5% |
| 131st | Cambodia | 73.82% | 12.8% |
| 132nd | United Arab Emirates | 73.98% | -5.3% |
| 133rd | Mauritius | 74.20% | -24.0% |
| 134th | Jordan | 75.62% | 1.5% |
| 135th | Nepal | 76.32% | 10.3% |
| 136th | Italy | 76.45% | -4.9% |
| 137th | Germany | 76.62% | 0.7% |
| 138th | Morocco | 78.96% | -1.5% |
| 139th | Qatar | 80.44% | 0.4% |
| 140th | Samoa | 81.55% | 5.0% |
| 141st | Panama | 83.95% | -0.6% |
| 142nd | Austria | 84.86% | 0.1% |
| 143rd | European Union | 85.70% | -1.5% |
| 144th | Iceland | 89.49% | 4.5% |
| 145th | Kuwait | 90.63% | -8.2% |
| 146th | Greece | 91.21% | -9.4% |
| 147th | Fiji | 92.80% | 7.6% |
| 148th | Finland | 94.88% | 0.9% |
| 149th | Portugal | 97.10% | -5.6% |
| 150th | Spain | 98.83% | -6.0% |
| 151st | Netherlands | 103.71% | -5.1% |
| 152nd | France | 104.62% | 3.0% |
| 153rd | Viet Nam | 105.28% | 1.3% |
| 154th | Luxembourg | 105.50% | 5.0% |
| 155th | Macao SAR, China | 113.86% | 0.2% |
| 156th | Singapore | 117.71% | -2.6% |
| 157th | Chile | 118.19% | 4.1% |
| 158th | South Africa | 118.38% | -6.8% |
| 159th | Malaysia | 120.28% | 2.7% |
| 160th | United Kingdom | 132.78% | 0.3% |
| 161st | Sweden | 133.27% | 0.4% |
| 162nd | Korea | 133.50% | 3.1% |
| 163rd | Cyprus | 135.32% | -29.4% |
| 164th | Australia | 139.50% | -0.4% |
| 165th | Norway | 142.49% | -1.9% |
| 166th | Thailand | 144.09% | -0.4% |
| 167th | New Zealand | 153.15% | 0.0% |
| 168th | China | 154.99% | 1.9% |
| 169th | Denmark | 161.96% | -0.1% |
| 170th | Japan | 168.83% | -0.2% |
| 171st | United States | 184.15% | -5.8% |
| 172nd | Hong Kong SAR, China | 219.91% | -1.6% |
FAQ
What was Nigeria's credit to gdp in 2018?▾
Nigeria's credit to gdp in 2018 was 10.25%. This ranked 14th globally.
How did Nigeria's credit to gdp change in 2018?▾
Nigeria's credit to gdp decreased by 20.3% in 2018 compared to 2017.
Which country had the highest credit to gdp in 2018?▾
Hong Kong SAR, China had the highest credit to gdp in 2018 at 219.91%.
What is the credit to gdp of Nigeria in 2018?▾
The credit to gdp of Nigeria in 2018 was 10.25%. This ranked 14th globally.
How does 2018 compare to 2017 for Nigeria's credit to gdp?▾
Nigeria's credit to gdp went from 12.85% in 2017 to 10.25% in 2018, a 20.3% decrease.
Related
2017
2019
All years
Full ranking 2018
Lending Rate
Deposit Rate
Real Interest Rate
M2 Money Supply Growth
Non-Performing Loans
Peak: 2009
Lowest: 1960
Credit to GDP 1990s
Credit to GDP 2000s
Credit to GDP 2010s
Credit to GDP 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation Credit to GDP
OPEC Credit to GDP
African Union Credit to GDP
Global Ranking