Average Savings Rate in Nigeria
18.5
%
vs Global Average:16.5%(+12.1%)
The average savings rate in Nigeria is 18.5 %, which is above the global average of 16.5%. Nigeria, with a population of 224 million, is one of the world's most populous nations.
How Nigeria Compares
| Country | Value (%) | vs Global Avg |
|---|---|---|
| China | 35 | +112.1% |
| Switzerland | 28.5 | +72.7% |
| South Korea | 25 | +51.5% |
| United Arab Emirates | 22 | +33.3% |
| Germany | 20.1 | +21.8% |
| India | 19.2 | +16.4% |
| Nigeria | 18.5 | +12.1% |
| France | 17.4 | +5.5% |
| Saudi Arabia | 15 | -9.1% |
| Brazil | 14.8 | -10.3% |
| Japan | 11 | -33.3% |
| Pakistan | 10.5 | -36.4% |
| United Kingdom | 10.3 | -37.6% |
| United States | 4.6 | -72.1% |
| Australia | 3.2 | -80.6% |
Frequently Asked Questions
Savings Rate in Other Countries
Average Savings Rate in China35Average Savings Rate in Switzerland28.5Average Savings Rate in South Korea25Average Savings Rate in United Arab Emirates22Average Savings Rate in Germany20.1Average Savings Rate in India19.2Average Savings Rate in France17.4Average Savings Rate in Saudi Arabia15Average Savings Rate in Brazil14.8Average Savings Rate in Japan11Average Savings Rate in Pakistan10.5Average Savings Rate in United Kingdom10.3Average Savings Rate in United States4.6Average Savings Rate in Australia3.2
← See Global Average Savings RateMore Statistics About Nigeria
Average Salary in Nigeria2,100Average GDP Per Capita in Nigeria2,180Average Inflation Rate in Nigeria28.9Average Unemployment Rate in Nigeria33.3Average Working Hours in Nigeria42Average GDP Growth Rate in Nigeria2.9Average Height in Nigeria163.8Average Weight in Nigeria55Average BMI in Nigeria22.5Average Life Expectancy in Nigeria54.7Average Infant Mortality Rate in Nigeria53Average Internet Speed in Nigeria18.2Average IQ in Nigeria71Average Carbon Footprint in Nigeria0.6Average CO₂ Emissions Per Capita in Nigeria0.6Average Literacy Rate in Nigeria62Average Human Development Index (HDI) in Nigeria0.535Average Fertility Rate (TFR) in Nigeria5.1Average House Price in Nigeria42,000Average Electricity Price in Nigeria0.06