Nigeria: Bank credit to deposits
(measure: percent; Source: The International Monetary Fund)
* indicates monthly or quarterly data series
Nigeria: Bank credit as percent of bank deposits: For that indicator, The International Monetary Fund provides data for Nigeria from 1960 to 2016. The average value for Nigeria during that period was 81.15 percent with a minumum of 52.69 percent in 1976 and a maximum of 110.51 percent in 1967. See the global rankings for that indicator or use the country comparator to compare trends over time.
Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.