Credit Card Usage Statistics in Nigeria (2026)
In 2024, 1.9% of adults in Nigeria used a credit card, according to World Bank Global Findex data. Up from 1.4% in 2021 to 1.9% in 2024 (+0.5 percentage points). Nigeria ranks #15 of 36 economies in Sub-Saharan Africa on this measure, and #111 of 142 globally.
Key Statistics
- Latest value (2024)
- 1.9% (2024)
- Credit Card Usage in Nigeria as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +0.5 pp (2024)
- Up from 1.4% in 2021 to 1.9% in 2024 (+0.5 percentage points).
- Earliest value in this dataset (2014)
- 1.9% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 1.9% in 2014 to 1.9% in 2024.
- Peak value (2017)
- 2% (2017)
- Highest value in the available series; the 2024 value is 1.9%.
- Rank in Sub-Saharan Africa
- #15 of 36 (2024)
- Nigeria ranks 15 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #111 of 142 (2024)
- Nigeria ranks 111 of 142 countries with data globally.
- Sub-Saharan Africa average
- 2.2% (2024)
- Nigeria (1.9%) is below the average of 2.2% across the 36 countries in Sub-Saharan Africa with data.
- Owns a credit card (% age 15+) (2024)
- 3.2% (2024)
- Related indicator from World Bank Global Findex.
- 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, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 1.9% | +0.5 pp |
| 2021 | 1.4% | −0.6 pp |
| 2017 | 2% | +0.1 pp |
| 2014 | 1.9% | — |
Frequently asked questions
What share of adults in Nigeria used a credit card?
1.9% of adults in Nigeria used a credit card in 2024, according to World Bank Global Findex data.
How does Nigeria compare with other countries in Sub-Saharan Africa?
Nigeria ranks 15 of 36 countries in Sub-Saharan Africa with data, with 1.9% versus a regional average of 2.2% (latest values per country).
Where does Nigeria rank globally on credit card usage?
Nigeria ranks 111 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did credit card usage in Nigeria peak?
The highest value in the available series was 2% in 2017; the latest (2024) value is 1.9%.
How recent is the credit card usage data for Nigeria?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Nigeria.
Source & methodology
Source: World Bank Global Findex, indicator
fin22g, 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 .