Nigeria Bank Concentration (Top-3 Banks Asset Share) (2021)
Nigeria's Bank Concentration (Top-3 Banks Asset Share): 59.3 % of total commercial banking assets in 2021, +14.7pp YoY. World Bank (GFDD.OI.01), 2000–2021.
Data
| Year | % of total commercial banking assets | YoY Change |
|---|---|---|
| 2021 | 59.3 | +14.7pp |
| 2020 | 44.6 | +0.5pp |
| 2019 | 44.1 | +4.1pp |
| 2018 | 40 | -1.2pp |
| 2017 | 41.2 | +0.7pp |
| 2016 | 40.5 | +2.9pp |
| 2015 | 37.6 | -2.4pp |
| 2014 | 40 | unchanged |
| 2013 | 40 | +0.9pp |
| 2012 | 39.1 | -6.2pp |
| 2011 | 45.3 | -39.4pp |
| 2010 | 84.7 | +6.7pp |
| 2009 | 78 | -0.3pp |
| 2008 | 78.3 | +2.3pp |
| 2007 | 76 | +4.9pp |
| 2006 | 71.1 | +12.1pp |
| 2005 | 59 | +22.9pp |
| 2004 | 36.1 | +12.7pp |
| 2003 | 23.4 | +0.1pp |
| 2002 | 23.3 | -0.2pp |
About this Dataset
Nigeria recorded 59.3 % of total commercial banking assets in 2021. The latest change was +14.7pp. Across 2000–2021 the series ranges from 23.3 % of total commercial banking assets in 2002 to 84.7 % of total commercial banking assets in 2010.
This page tracks the share of total commercial banking assets held by the three largest commercial banks in Nigeria. Bank concentration shapes competition, systemic risk, and pricing power.
Data sourced from World Bank via Open Data API. The series is World Bank indicator GFDD.OI.01, “Bank concentration (%)” — the asset share of the three largest commercial banks.