Number of Household Sector Borrowers at All Microfinance Institutions in Nigeria
Nigeria: Number of Household Sector Borrowers at All Microfinance Institutions was 945.77 in 2025. ◆ Volatile
Number of Household Sector Borrowers at All Microfinance Institutions in Nigeria, 2013–2025
Source: International Monetary Fund.
Analysis
Nigeria recorded 945.77 for number of household sector borrowers at all microfinance institutions in 2025. That is the highest value across all 13 years on record.
The figure is up 70.0% on the previous year and up 7,728.4% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Nigeria peaked at 945.77 in 2025 and was at its lowest, 10.47, in 2014.
Nigeria ranks 1st of 60 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Household Sector Borrowers at All Microfinance Institutions in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 30.92 | — |
| 2014 | 10.47 | -66.1% |
| 2015 | 12.08 | +15.4% |
| 2016 | 21.25 | +75.9% |
| 2017 | 23.18 | +9.1% |
| 2018 | 23.41 | +1.0% |
| 2019 | 26.01 | +11.1% |
| 2020 | 42.48 | +63.3% |
| 2021 | 67.41 | +58.7% |
| 2022 | 45.03 | -33.2% |
| 2023 | 63.95 | +42.0% |
| 2024 | 556.37 | +770.0% |
| 2025 | 945.77 | +70.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.05 | 10.47 | 30.92 | 7 |
| 2020s | 286.83 | 42.48 | 945.77 | 6 |
Countries ranked near Nigeria
More gender data for Nigeria
- Child population (UN estimates and projections) 99,803 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 0.6887 % change on previous year (2030)
- Population 162,578 (2030)
- Working-age population (UN estimates and projections) 162,578 (2030)
- Population (UN estimates and projections), annual growth rate 2.75 % change on previous year (2030)
- Age population, age 00, female, interpolated 3.55 million (2025)
- Age population, age 00, male, interpolated 3.66 million (2025)
- Age population, age 01, female, interpolated 3.45 million (2025)
- Age population, age 01, male, interpolated 3.54 million (2025)
- Age population, age 02, female, interpolated 3.38 million (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Nigeria?
- Number of household sector borrowers at all microfinance institutions in Nigeria was 945.77 in 2025, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Nigeria?
- The highest recorded value was 945.77 in 2025.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Nigeria?
- The lowest recorded value was 10.47 in 2014.
- How does Nigeria rank for number of household sector borrowers at all microfinance institutions?
- Nigeria ranks 1st out of 60 countries with data for 2025.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Nigeria?
- Over the last ten years it is up 7,728.4%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.