Number of Household Sector Loan Accounts with All Microfinance in Nigeria

Nigeria: Number of Household Sector Loan Accounts with All Microfinance was 945.77 in 2025. ◆ Volatile

Latest (2025)
945.77
Change on year
up 70.0%
World rank
2nd
of 59 countries
All-time high
945.77
in 2025
All-time low
10.47
in 2014
Years of data
12
2014–2025

Number of Household Sector Loan Accounts with All Microfinance in Nigeria, 2014–2025

02004006008001.0k2014201920252014: 10.52015: 12.12016: 21.32017: 23.22018: 23.42019: 262020: 42.52021: 67.42022: 452023: 642024: 556.42025: 945.8

Source: International Monetary Fund.

Analysis

The most recent figure for number of household sector loan accounts with all microfinance in Nigeria is 945.77, measured in 2025. That is the highest value across all 12 years on record.

That represents a change of up 70.0% on the previous year and up 7,728.4% over ten years.

Over the whole period, number of household sector loan accounts with all microfinance in Nigeria peaked at 945.77 in 2025 and was at its lowest, 10.47, in 2014.

That places Nigeria 2nd out of 59 countries with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Number of Household Sector Loan Accounts with All Microfinance in Nigeria, year by year

Annual values for Number of Household Sector Loan Accounts with All Microfinance Institutions per 1,000 Adults in Nigeria, 2014 to 2025.
Year Value Change
2014 10.47
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

DecadeAverage LowestHighest Years
2010s 19.4 10.47 26.01 6
2020s 286.83 42.48 945.77 6

Countries ranked near Nigeria

  1. 1 Mongolia 1,291 compare
  2. 3 Estonia 433.53 compare
  3. 4 Russian Federation 354.35 compare
  4. 5 Georgia 306.02 compare

See the full ranking of 59 places →

More gender data for Nigeria

All data for Nigeria →

Frequently asked questions

What is number of household sector loan accounts with all microfinance in Nigeria?
Number of household sector loan accounts with all microfinance in Nigeria was 945.77 in 2025, according to International Monetary Fund.
What is the highest number of household sector loan accounts with all microfinance recorded in Nigeria?
The highest recorded value was 945.77 in 2025.
What is the lowest number of household sector loan accounts with all microfinance recorded in Nigeria?
The lowest recorded value was 10.47 in 2014.
How does Nigeria rank for number of household sector loan accounts with all microfinance?
Nigeria ranks 2nd out of 59 countries with data for 2025.
Is number of household sector loan accounts with all microfinance 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 Loan Accounts with All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.

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Number of Household Sector Loan Accounts with All Microfinance in Nigeria. Statizoid, drawing on International Monetary Fund. Retrieved 12 September 2026, from https://gender.statizoid.com/stat/number-of-household-sector-loan-accounts-with-all-microfinance-institutions-per-1-000/nigeria/

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About this data

Indicator
Number of Household Sector Loan Accounts with All Microfinance Institutions per 1,000 Adults
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
59 places, 921 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.