Nigeria Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Overview
Nigeria's gross savings stood at 23.30% in 2025, a decline of +0.31% from 2024. The IMF projects 23.30% by 2025. Nigeria ranked 70th globally.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 17.89% | - | - |
| 2029* IMF | 18.54% | - | - |
| 2028* IMF | 19.08% | - | - |
| 2027* IMF | 19.69% | - | - |
| 2026* IMF | 22.09% | - | - |
| 2025* IMF | 23.30% | - | - |
| 2025 | 23.30% | −0.31% | #70 |
| 2024 | 23.61% | +4.74% | #82 |
| 2023 | 18.87% | +0.23% | #119 |
| 2022 | 18.64% | −0.06% | #121 |
| 2021 | 18.70% | +0.31% | #122 |
| 2020 | 18.39% | +0.05% | #119 |
| 2019 | 18.34% | +2.95% | #124 |
| 2018 | 15.39% | +1.72% | #141 |
| 2017 | 13.67% | +1.66% | #156 |
| 2016 | 12.01% | +3.02% | #158 |
| 2015 | 8.98% | −2.49% | #169 |
| 2014 | 11.48% | −1.93% | #154 |
| 2013 | 13.41% | −0.16% | #142 |
| 2012 | 13.57% | −0.24% | #138 |
| 2011 | 13.81% | −1.35% | #142 |
Detected Pattern
Analysis
Nigeria matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Nigeria's gross savings was 23.30% in 2025. Ranked 70th globally. This represents a 1.3% decrease from the previous year.
Nigeria's gross savings peaked at 23.61% in 2024.
The lowest gross savings in Nigeria was 8.98% in 2015.
Nigeria ranks 70th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Nigeria's gross savings is projected to reach 23.30% by 2025 based on IMF projection.
The gross savings of Nigeria in 2025 was 23.30%. This ranks 70th in the world.
Cite this page
@misc{historysaid_nigeria_gross-savings,
title = {Nigeria Gross Savings},
url = {https://historysaid.com/nigeria/gross-savings},
publisher = {HistorySaid},
year = {2026}
}