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Country or Region: Nigeria › Change country
Economic Indicator: Gross National Savings (% of GDP) › See all Nigeria indicators, › See Gross National Savings (% of GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Naira
Currency Symbol: NGN

Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment. Source: National Statistical Office Latest actual data: 2009 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2000 Chain-weighted: No Primary domestic currency: Nigerian naira Data last updated: 03/2011

Gross National Savings (% of GDP) for Nigeria in year 2010 is 31.095 %

This makes Nigeria No. 28 in world rankings according to Gross National Savings (% of GDP) in year 2010. The world's average Gross National Savings (% of GDP) value is 18.64 %; Nigeria is 12.46 more than the average.

In the previous year, 2009, Gross National Savings (% of GDP) for Nigeria was 40.99 % Gross National Savings (% of GDP) for Nigeria in 2010 was or will be 24.13% less than it was or will be in 2009.

In the following or forecasted year, 2011, Gross National Savings (% of GDP) for Nigeria was or will be 37.23 %, which is 19.73% more than the 2010 figure.