Nigeria—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #108 of 117Updated April 2026
Latest Value
5.2%
2025
YoY Change
-24.7%
2014 → 2025
Global Rank
#108
of 117 countries
Maximum
6.9%
2014
Minimum
2.7%
2007
CAGR
+3.7%
3 years
Last
5.2%
Previous
6.9%
Highest
6.9%
Lowest
2.7%
Source
World Bank World Development Indicators
Nigeria's firms using banks to finance investment (%) was 5.2% in 2025, ranking #108 out of 117 countries. This represents a -24.7% change from 2014. Over the past 3 years, the highest recorded value was 6.9% (2014) and the lowest was 2.7% (2007). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2025 | 5.2% | -24.7% |
| 2014 | 6.9% | +155.9% |
| 2007 | 2.7% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.