Formal Borrowing Statistics in Niger (2026)
2.5% of adults in Niger borrowed from a formal financial institution in 2024, World Bank Global Findex data show. Down from 3.1% in 2022 to 2.5% in 2024 (−0.5 percentage points). Niger ranks #35 of 36 economies in Sub-Saharan Africa on this measure, and #138 of 142 globally.
Key Statistics
- Latest value (2024)
- 2.5% (2024)
- Formal Borrowing in Niger as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2022
- −0.5 pp (2024)
- Down from 3.1% in 2022 to 2.5% in 2024 (−0.5 percentage points).
- Earliest value in this dataset (2014)
- 2.2% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 2.2% in 2014 to 2.5% in 2024.
- Peak value (2017)
- 3.8% (2017)
- Highest value in the available series; the 2024 value is 2.5%.
- Rank in Sub-Saharan Africa
- #35 of 36 (2024)
- Niger ranks 35 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #138 of 142 (2024)
- Niger ranks 138 of 142 countries with data globally.
- Sub-Saharan Africa average
- 7.8% (2024)
- Niger (2.5%) is below the average of 7.8% across the 36 countries in Sub-Saharan Africa with data.
- Internet use in Niger (2024)
- 15.6% (2024)
- 15.6% of the population in Niger used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 27 million (2024)
- Niger had a population of 27 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 2.5% | −0.5 pp |
| 2022 | 3.1% | −0.7 pp |
| 2017 | 3.8% | +1.6 pp |
| 2014 | 2.2% | — |
Frequently asked questions
What share of adults in Niger borrowed from a formal financial institution?
2.5% of adults in Niger borrowed from a formal financial institution in 2024, according to World Bank Global Findex data.
How has formal borrowing in Niger changed over time?
World Bank Global Findex data show a rise from 2.2% in 2014 to 2.5% in 2024.
How does Niger compare with other countries in Sub-Saharan Africa?
Niger ranks 35 of 36 countries in Sub-Saharan Africa with data, with 2.5% versus a regional average of 7.8% (latest values per country).
Where does Niger rank globally on formal borrowing?
Niger ranks 138 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .