Nigeria—Gross National Savings (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #15 of 43Updated April 2026
Latest Value
22.1%
2026
YoY Change
-5.2%
2025 → 2026
Global Rank
#15
of 43 countries
Maximum
23.6%
2024
Minimum
9.0%
2015
CAGR
+0.8%
23 years
Last
22.1%
Previous
23.3%
Highest
23.6%
Lowest
9.0%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Nigeria's gross national savings (% of gdp) was 22.1% in 2026, ranking #15 out of 43 countries. This represents a -5.2% change from 2025. Over the past 23 years, the highest recorded value was 23.6% (2024) and the lowest was 9.0% (2015). Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2026 | 22.1% | -5.2% |
| 2025 | 23.3% | -1.3% |
| 2024 | 23.6% | +25.1% |
| 2023 | 18.9% | +1.3% |
| 2022 | 18.6% | -0.3% |
| 2021 | 18.7% | +1.7% |
| 2020 | 18.4% | +0.3% |
| 2019 | 18.3% | +19.2% |
| 2018 | 15.4% | +12.6% |
| 2017 | 13.7% | +13.8% |
| 2016 | 12.0% | +33.7% |
| 2015 | 9.0% | -21.7% |
| 2014 | 11.5% | -14.4% |
| 2013 | 13.4% | -1.2% |
| 2012 | 13.6% | -1.7% |
| 2011 | 13.8% | -8.9% |
| 2010 | 15.2% | -3.6% |
| 2009 | 15.7% | -14.0% |
| 2008 | 18.3% | -5.9% |
| 2007 | 19.4% | -17.2% |
| 2006 | 23.5% | +19.6% |
| 2005 | 19.6% | +5.9% |
| 2004 | 18.5% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 22.1% | -5.2% |
Top Countries — Gross National Savings (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Angola | 35.9% | 2026 |
| 2 | Tanzania | 35.3% | 2026 |
| 3 | Zambia | 35.1% | 2026 |
| 4 | Gabon | 34.2% | 2026 |
| 5 | Benin | 29.6% | 2026 |
| 6 | Lesotho | 29.4% | 2026 |
| 7 | Botswana | 28.5% | 2026 |
| 8 | Cote d'Ivoire | 28.5% | 2026 |
| 9 | Equatorial Guinea | 25.1% | 2026 |
| 10 | Chad | 24.1% | 2026 |
About This Indicator
Definition
Gross national savings as a percentage of GDP. The aggregate of savings by households, businesses, and government.
Methodology
GDP minus total consumption plus net income from abroad. Represents the portion of national income not consumed.
Unit
Percent of GDP