Nigeria NG: Domestic Credit: Provided by Financial Sector: % of GDP

Nigeria NG: Domestic Credit: Provided by Financial Sector: % of GDP data was reported at 23.283 % in 2017. This records a decrease from the previous number of 26.555 % for 2016. Nigeria NG: Domestic Credit: Provided by Financial Sector: % of GDP data is updated yearly, averaging 19.425 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 48.672 % in 1986 and a record low of -1.602 % in 1974. Nigeria NG: Domestic Credit: Provided by Financial Sector: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.WDI: Bank Loans. Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.; ; International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.; Weighted average;

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