The share of adults in Nigeria who relied on informal financial services was 10 percent in 2023. Compared to the previous year under review, 2020, this was a slight decline of one percent. With some fluctuations in 2014 and 2018, the total share of people in the country who relied on informal financial services declined steadily over the period under review.
The share of adults in Nigeria who relied on informal financial services was 10 percent in 2023. Compared to the previous year, this was a slight decline of one percentage point. With some fluctuations in 2014 and 2018, the total share of people in the country who used informal financial services declined steadily over the period under review.
Share of people relying on informal financial services in Nigeria from 2008 to 2023
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Efina. (December 13, 2023). Share of people relying on informal financial services in Nigeria from 2008 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1454317/share-of-population-relying-on-informal-financial-services-in-nigeria/
Efina. "Share of people relying on informal financial services in Nigeria from 2008 to 2023." Chart. December 13, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1454317/share-of-population-relying-on-informal-financial-services-in-nigeria/
Efina. (2023). Share of people relying on informal financial services in Nigeria from 2008 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1454317/share-of-population-relying-on-informal-financial-services-in-nigeria/
Efina. "Share of People Relying on Informal Financial Services in Nigeria from 2008 to 2023." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1454317/share-of-population-relying-on-informal-financial-services-in-nigeria/
Efina, Share of people relying on informal financial services in Nigeria from 2008 to 2023 Statista, https://www.statista.com/statistics/1454317/share-of-population-relying-on-informal-financial-services-in-nigeria/ (last visited November 21, 2024)
Share of people relying on informal financial services in Nigeria from 2008 to 2023 [Graph], Efina, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1454317/share-of-population-relying-on-informal-financial-services-in-nigeria/
