Nigeria - Credit to GDP 2020
8.76%
+0.84% from 2019
Nigeria's credit to gdp was 8.76% in 2020, increased +0.84% from 7.92% in 2019. This was the 12th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Somalia, Fed. Rep. | 0.00% | 11.6% |
| 2nd | South Sudan | 1.93% | 13.0% |
| 3rd | Afghanistan | 3.10% | -4.1% |
| 4th | Sierra Leone | 3.62% | -6.2% |
| 5th | Zimbabwe | 3.64% | 6.2% |
| 6th | Chad | 7.23% | -4.1% |
| 7th | Congo, Democratic Republic of | 7.77% | 17.2% |
| 8th | Malawi | 7.85% | 8.8% |
| 9th | Sudan | 7.89% | -14.0% |
| 10th | Gambia, The | 8.15% | -0.6% |
| 11th | Haiti | 8.61% | -17.0% |
| 12th | Nigeria | 8.76% | 10.6% |
| 13th | Guinea | 10.02% | -2.6% |
| 14th | Angola | 11.31% | -16.0% |
| 15th | Niger | 11.70% | 4.3% |
| 16th | Central African Republic | 11.70% | 0.0% |
| 17th | Tanzania | 12.44% | -1.6% |
| 18th | Equatorial Guinea | 12.87% | -15.5% |
| 19th | Tajikistan | 13.03% | 12.5% |
| 20th | Ghana | 13.06% | -6.3% |
| 21st | Iraq | 13.31% | 51.2% |
| 22nd | Liberia | 13.42% | -6.2% |
| 23rd | Timor-Leste | 13.42% | 3.5% |
| 24th | Guinea-Bissau | 13.61% | 2.0% |
| 25th | Uganda | 14.22% | 3.0% |
| 26th | Pakistan | 15.03% | -4.2% |
| 27th | Comoros | 15.06% | -3.3% |
| 28th | Zambia | 15.16% | -3.0% |
| 29th | Benin | 15.54% | -11.8% |
| 30th | Congo, Republic of | 15.56% | 23.1% |
| 31st | Argentina | 15.75% | 8.8% |
| 32nd | Madagascar | 16.42% | 15.5% |
| 33rd | Papua New Guinea | 18.81% | 4.2% |
| 34th | Burundi | 19.40% | 4.4% |
| 35th | São Tomé and Principe | 19.89% | -11.6% |
| 36th | Côte d'Ivoire | 20.57% | 8.0% |
| 37th | Eswatini | 20.96% | 3.7% |
| 38th | Djibouti | 21.15% | -5.4% |
| 39th | Libya | 21.83% | 49.3% |
| 40th | Mali | 21.93% | 6.1% |
| 41st | Lesotho | 21.93% | 2.9% |
| 42nd | Mozambique | 23.87% | 12.2% |
| 43rd | Micronesia, Federated States of | 24.17% | 5.7% |
| 44th | Suriname | 24.22% | 4.9% |
| 45th | Rwanda | 25.05% | 16.7% |
| 46th | Kazakhstan | 25.64% | 5.6% |
| 47th | Egypt, Arab Republic of | 25.79% | 12.9% |
| 48th | Romania | 25.85% | 4.6% |
| 49th | Azerbaijan | 26.03% | 13.2% |
| 50th | Algeria | 26.12% | 14.0% |
| 51st | Kyrgyz Republic | 26.62% | 14.2% |
| 52nd | Togo | 26.89% | -2.5% |
| 53rd | Uruguay | 27.88% | 10.2% |
| 54th | Ukraine | 28.18% | -6.2% |
| 55th | Burkina Faso | 28.67% | 1.2% |
| 56th | Moldova | 28.67% | 13.2% |
| 57th | Myanmar | 28.98% | 8.8% |
| 58th | Senegal | 29.31% | -0.7% |
| 59th | Nicaragua | 29.79% | -7.5% |
| 60th | Dominican Republic | 30.63% | 9.0% |
| 61st | Kenya | 32.15% | 4.3% |
| 62nd | Uzbekistan | 32.17% | 24.4% |
| 63rd | Ireland | 32.34% | -10.3% |
| 64th | Belarus | 32.51% | 13.0% |
| 65th | Solomon Islands | 32.57% | 6.0% |
| 66th | Latvia | 34.73% | -2.8% |
| 67th | Guatemala | 35.85% | 5.2% |
| 68th | Mexico | 36.93% | 3.8% |
| 69th | Lithuania | 37.03% | -4.4% |
| 70th | Hungary | 37.63% | 13.4% |
| 71st | Albania | 37.72% | 11.8% |
| 72nd | Tonga | 37.82% | -1.0% |
| 73rd | Indonesia | 38.68% | 0.8% |
| 74th | Bangladesh | 39.16% | 0.3% |
| 75th | Guyana | 39.18% | 5.6% |
| 76th | Brunei Darussalam | 39.69% | 11.2% |
| 77th | Botswana | 39.73% | 10.6% |
| 78th | Serbia | 43.45% | 8.2% |
| 79th | Slovenia | 43.57% | 2.0% |
| 80th | Mongolia | 45.79% | -6.4% |
| 81st | Trinidad and Tobago | 46.46% | 12.1% |
| 82nd | St. Vincent and the Grenadines | 47.52% | 9.0% |
| 83rd | Ecuador | 49.06% | 14.9% |
| 84th | Poland | 49.27% | -1.9% |
| 85th | Paraguay | 50.71% | 6.2% |
| 86th | Dominica | 50.75% | 32.3% |
| 87th | Bulgaria | 51.30% | 3.0% |
| 88th | Kosovo | 51.62% | 10.6% |
| 89th | Czechia | 51.98% | 5.1% |
| 90th | Colombia | 52.00% | 12.9% |
| 91st | Philippines | 52.04% | 8.5% |
| 92nd | West Bank and Gaza | 52.24% | 16.3% |
| 93rd | Jamaica | 52.36% | 16.6% |
| 94th | Maldives | 53.36% | 69.2% |
| 95th | Antigua and Barbuda | 53.77% | 28.2% |
| 96th | India | 54.51% | 7.4% |
| 97th | Belize | 55.08% | 19.8% |
| 98th | Peru | 55.31% | 23.7% |
| 99th | North Macedonia | 55.75% | 8.7% |
| 100th | Bosnia and Herzegovina | 57.66% | 0.9% |
| 101st | Croatia | 59.15% | 11.8% |
| 102nd | Grenada | 59.40% | 19.9% |
| 103rd | Russian Federation | 59.58% | 13.4% |
| 104th | Costa Rica | 60.14% | 7.0% |
| 105th | Vanuatu | 60.21% | 1.9% |
| 106th | Montenegro | 60.56% | 22.2% |
| 107th | St. Kitts and Nevis | 61.51% | 26.8% |
| 108th | Estonia | 62.47% | 7.3% |
| 109th | El Salvador | 65.33% | 10.6% |
| 110th | Slovak Republic | 65.65% | 5.1% |
| 111th | Bhutan | 67.55% | 13.8% |
| 112th | Tunisia | 67.66% | 14.1% |
| 113th | Israel | 67.96% | 5.4% |
| 114th | Cabo Verde | 68.46% | 32.6% |
| 115th | Brazil | 68.70% | 9.4% |
| 116th | Bolivia, Plurinational State of | 69.40% | 26.4% |
| 117th | Honduras | 71.23% | 10.5% |
| 118th | Armenia | 72.19% | 20.0% |
| 119th | Namibia | 72.77% | 2.6% |
| 120th | Malta | 75.13% | 8.1% |
| 121st | Türkiye | 75.51% | 17.5% |
| 122nd | Barbados | 75.88% | 12.6% |
| 123rd | Belgium | 76.13% | 9.8% |
| 124th | Oman | 76.59% | 17.6% |
| 125th | St. Lucia | 78.60% | 45.7% |
| 126th | Georgia | 79.04% | 21.6% |
| 127th | Greece | 81.27% | 1.3% |
| 128th | Aruba | 82.09% | 37.6% |
| 129th | Italy | 82.65% | 12.5% |
| 130th | Jordan | 83.14% | 8.1% |
| 131st | Germany | 83.81% | 7.5% |
| 132nd | Samoa | 87.01% | 4.5% |
| 133rd | Nepal | 88.44% | 12.0% |
| 134th | United Arab Emirates | 88.84% | 18.0% |
| 135th | Mauritius | 90.56% | 17.7% |
| 136th | Morocco | 90.93% | 11.6% |
| 137th | European Union | 92.67% | 9.3% |
| 138th | Austria | 93.05% | 7.8% |
| 139th | Iceland | 98.41% | 12.2% |
| 140th | Panama | 100.15% | 20.2% |
| 141st | Netherlands | 100.35% | 1.7% |
| 142nd | Finland | 101.74% | 6.1% |
| 143rd | Cambodia | 103.73% | 23.0% |
| 144th | Portugal | 104.07% | 11.5% |
| 145th | Cyprus | 106.47% | -0.2% |
| 146th | Spain | 107.57% | 13.9% |
| 147th | South Africa | 109.05% | -6.9% |
| 148th | Luxembourg | 110.21% | 1.1% |
| 149th | Viet Nam | 115.53% | 6.9% |
| 150th | Chile | 124.14% | -0.6% |
| 151st | France | 125.40% | 17.3% |
| 152nd | Singapore | 129.19% | 8.1% |
| 153rd | Fiji | 130.05% | 24.9% |
| 154th | Malaysia | 133.82% | 10.9% |
| 155th | Sweden | 138.46% | 5.0% |
| 156th | Qatar | 138.86% | 38.0% |
| 157th | Australia | 141.70% | 4.5% |
| 158th | United Kingdom | 145.57% | 10.7% |
| 159th | Korea | 154.75% | 8.5% |
| 160th | New Zealand | 159.52% | 2.7% |
| 161st | Thailand | 160.11% | 11.7% |
| 162nd | Norway | 163.54% | 9.5% |
| 163rd | Denmark | 163.54% | 1.0% |
| 164th | China | 179.10% | 10.4% |
| 165th | Japan | 195.53% | 10.2% |
| 166th | United States | 221.38% | 12.8% |
| 167th | Hong Kong SAR, China | 258.90% | 9.4% |
| 168th | Macao SAR, China | 269.84% | 125.3% |
FAQ
What was Nigeria's credit to gdp in 2020?▾
Nigeria's credit to gdp in 2020 was 8.76%. This ranked 12th globally.
How did Nigeria's credit to gdp change in 2020?▾
Nigeria's credit to gdp increased by 10.6% in 2020 compared to 2019.
Which country had the highest credit to gdp in 2020?▾
Macao SAR, China had the highest credit to gdp in 2020 at 269.84%.
What is the credit to gdp of Nigeria in 2020?▾
The credit to gdp of Nigeria in 2020 was 8.76%. This ranked 12th globally.
How does 2020 compare to 2019 for Nigeria's credit to gdp?▾
Nigeria's credit to gdp went from 7.92% in 2019 to 8.76% in 2020, a 10.6% increase.
Related
2019
2021
All years
Full ranking 2020
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