Bank Liquid Reserves Statistics in Nigeria (2026)
Nigeria recorded bank liquid reserves of 54.9% of bank assets in 2023, World Bank World Development Indicators data show. Down from 63.2% in 2022 to 54.9% in 2023 (−8.4 percentage points). Nigeria ranks #6 of 43 economies in Sub-Saharan Africa on this measure, and #11 of 145 globally.
Key Statistics
- Latest value (2023)
- 54.9% (2023)
- Bank Liquid Reserves in Nigeria as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −8.4 pp (2023)
- Down from 63.2% in 2022 to 54.9% in 2023 (−8.4 percentage points).
- Earliest value in this dataset (2001)
- 22.9% (2001)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 22.9% in 2001 to 54.9% in 2023.
- Peak value (2020)
- 69.1% (2020)
- Highest value in the available series; the 2023 value is 54.9%.
- Rank in Sub-Saharan Africa
- #6 of 43 (2023)
- Nigeria ranks 6 of 43 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #11 of 145 (2023)
- Nigeria ranks 11 of 145 countries with data globally.
- Sub-Saharan Africa average
- 26.1% (2023)
- Nigeria (54.9%) is above the average of 26.1% across the 43 countries in Sub-Saharan Africa with data.
- Bank capital to assets ratio (%) (2022)
- 5.7% (2022)
- Related indicator from World Bank World Development Indicators.
- Internet use in Nigeria (2024)
- 41.2% (2024)
- 41.2% of the population in Nigeria used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 232.7 million (2024)
- Nigeria had a population of 232.7 million in 2024 (World Bank); shown for scale only.
Trend, 2001–2023
| Year | % of bank assets | Change |
|---|---|---|
| 2023 | 54.9% | −8.4 pp |
| 2022 | 63.2% | −1.3 pp |
| 2021 | 64.5% | −4.5 pp |
| 2020 | 69.1% | +13.9 pp |
| 2019 | 55.2% | +2.4 pp |
| 2018 | 52.7% | +12.3 pp |
| 2017 | 40.4% | +13.5 pp |
| 2016 | 26.8% | −6.9 pp |
| 2015 | 33.8% | −2.2 pp |
| 2014 | 36% | +3.5 pp |
| 2013 | 32.5% | +15.3 pp |
| 2012 | 17.2% | −0.9 pp |
| 2011 | 18.1% | +10.3 pp |
| 2010 | 7.8% | +2.0 pp |
| 2009 | 5.8% | −7.1 pp |
| 2008 | 12.9% | −9.3 pp |
| 2007 | 22.3% | +8.2 pp |
| 2006 | 14.1% | −6.1 pp |
| 2005 | 20.2% | +2.9 pp |
| 2004 | 17.3% | −3.4 pp |
| 2003 | 20.7% | −2.1 pp |
| 2002 | 22.8% | −0.2 pp |
| 2001 | 22.9% | — |
Frequently asked questions
What is the latest figure for bank liquid reserves in Nigeria?
Bank liquid reserves in Nigeria stood at 54.9% of bank assets in 2023, according to World Bank World Development Indicators data.
How has bank liquid reserves in Nigeria changed over time?
World Bank World Development Indicators data show a rise from 22.9% in 2001 to 54.9% in 2023.
How does Nigeria compare with other countries in Sub-Saharan Africa?
Nigeria ranks 6 of 43 countries in Sub-Saharan Africa with data, with 54.9% versus a regional average of 26.1% (latest values per country).
Where does Nigeria rank globally on bank liquid reserves?
Nigeria ranks 11 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FD.RES.LIQU.AS.ZS, 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 .