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Economy · West Africa

Nigeria Credit to Private Sector (% of GDP)

9.6%as of 2022-1.8% vs 2021

Credit to the private sector by financial corporations as a share of GDP — a measure of financial depth. Source: World Bank — World Development Indicators. Updated June 19, 2026.

Trend

20002022 · World Bank

History

most recent 12 periods
PeriodCredit to Private Sector (% of GDP)
20229.6%
20219.7%
20208.8%
20197.9%
201810.2%
201712.9%
201614.6%
201513.1%
201413.3%
201311.5%
201210.6%
201111%

Get this via API

GET /v1/data

The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.

curl "https://api.africa-api.com/v1/data?country_code=NG&metric_key=domestic_credit_private_sector_pct_gdp" \
  -H "Authorization: Bearer $AFRICA_API_KEY"

Credit to Private Sector (% of GDP) across Africa

Rank all 54 ->
CountryCredit to Private Sector (% of GDP)Period
Kenya31.8%2023
South Africa89.4%2024
Egypt27.6%2024
Ghana9%2024
Ethiopia17.7%2008
Tanzania16.8%2024

Frequently asked questions

What is Nigeria's domestic credit to the private sector as a share of GDP?

Nigeria's domestic credit to the private sector as a share of GDP is 9.6% as of 2022, according to World Bank — World Development Indicators.

What is the source for this figure?

The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.

How do I get Nigeria Credit to Private Sector (% of GDP) data via API?

Call GET /v1/data?country_code=NG&metric_key=domestic_credit_private_sector_pct_gdp with a free Africa API key to receive the full time series as JSON.

More Nigeria economy data