Nigeria Current Account Balance: % of GDP
2008 - 2022 | Quarterly | % | Central Bank of Nigeria
Key information about Nigeria Current Account Balance: % of GDP
- Nigeria Current Account surplus accounted for 1.8 % of the country's Nominal GDP in Dec 2022, compared with a 1.7 % deficit in the previous quarter.
- Nigeria Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2008 to Dec 2022, with an average value of 1.9 %.
- The data reached an all-time high of 20.9 % in Jun 2008 and a record low of -5.3 % in Mar 2015.
The Central Bank of Nigeria provides Current Account Balance as % of Nominal GDP calculated from Current Account Balance and Nominal GDP with Benchmark year 2010, at basic prices.
Key information about Nigeria Current Account Balance: % of GDP
- In the latest reports of Nigeria, Current Account recorded a surplus of 2.3 USD bn in Dec 2022.
- Foreign Direct Investment (FDI) increased by 752.7 USD mn in Dec 2022.
- Nigeria Direct Investment Abroad expanded by 274.7 USD mn in Dec 2022.
- Its Foreign Portfolio Investment increased by 337.4 USD mn in Dec 2022.
- The country's Nominal GDP was reported at 111.3 USD bn in Mar 2023.
View Nigeria's Current Account Balance: % of GDP from Mar 2008 to Dec 2022 in the chart:
What was Nigeria's Current Account Balance: % of GDP in Dec 2022?
Nigeria Current Account surplus accounted for 1.8 % of the country's Nominal GDP in Dec 2022, compared with a 1.7 % deficit in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.8 Dec 2022 | -1.7 Sep 2022 | -5.3 Mar 2015 | 20.9 Jun 2008 | % | quarterly | Mar 2008 - Dec 2022 |
Current Account Balance: % of GDP by Country Comparison
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Includes Current Account Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 6.6 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Algeria (%) | 4.8 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
| Argentina (%) | -2.2 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Armenia (%) | 2.7 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Australia (%) | 1.8 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (%) | 1.7 Sep 2023 | quarterly | Mar 1970 - Sep 2023 |
| Azerbaijan (%) | 8.9 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
| Bangladesh (%) | -0.5 2023 | yearly | 1998 - 2023 |
| Belarus (%) | -1.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Belgium (%) | 1.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Bolivia (%) | -2.5 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Bosnia and Herzegovina (%) | -2.8 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Botswana (%) | 1.2 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
| Brazil (%) | -1.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Bulgaria (%) | -3.1 Dec 2023 | quarterly | Sep 1999 - Dec 2023 |
| Cambodia (%) | -1.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Canada (%) | -0.2 Dec 2023 | quarterly | Mar 1957 - Dec 2023 |
| Chile (%) | -4.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| China (%) | 1.2 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (%) | -2.3 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Croatia (%) | -5.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cyprus (%) | -11.2 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Czech Republic (%) | 0.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Denmark (%) | 12.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Ecuador (%) | 1.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
| Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| European Union (%) | 2.2 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (%) | 1.5 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| France (%) | 0.9 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Georgia (%) | -6.8 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (%) | 5.7 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (%) | 0.2 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Greece (%) | -12.6 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Hong Kong SAR, China (%) | 9.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Hungary (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Iceland (%) | -2.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| India (%) | -1.2 Dec 2023 | quarterly | Jun 2004 - Dec 2023 |
| Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
| Ireland (%) | -0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Israel (%) | 9.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Italy (%) | 0.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (%) | 3.0 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Kazakhstan (%) | -2.6 Sep 2023 | quarterly | Dec 1997 - Sep 2023 |
| Kenya (%) | -2.3 Mar 2023 | quarterly | Mar 2009 - Mar 2023 |
| South Korea (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Kosovo (%) | -15.4 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Kuwait (%) | 37.2 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Laos (%) | -0.1 2022 | yearly | 1984 - 2022 |
| Latvia (%) | -1.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Lebanon (%) | -4.4 2020 | yearly | 2002 - 2020 |
| Lithuania (%) | 4.2 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Luxembourg (%) | 7.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (%) | 11.4 2022 | yearly | 2002 - 2022 |
| North Macedonia (%) | -3.0 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Malawi (%) | -14.2 2021 | yearly | 1977 - 2021 |
| Malaysia (%) | 0.1 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Malta (%) | 0.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mauritius (%) | -3.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Mexico (%) | 2.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Moldova (%) | -11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mongolia (%) | -4.9 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Montenegro (%) | -24.1 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Morocco (%) | -0.5 Dec 2023 | quarterly | Mar 2014 - Dec 2023 |
| Mozambique (%) | -37.4 2022 | yearly | 1980 - 2022 |
| Nepal (%) | -1.3 2023 | yearly | 2001 - 2023 |
| Netherlands (%) | 8.5 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
| New Zealand (%) | -6.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
| Nigeria (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Norway (%) | 16.1 Sep 2023 | quarterly | Mar 1981 - Sep 2023 |
| Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
| Pakistan (%) | -0.7 2023 | yearly | 1977 - 2023 |
| Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Panama (%) | -18.8 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Paraguay (%) | -1.2 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Peru (%) | 2.3 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Poland (%) | 1.8 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Portugal (%) | -0.4 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Qatar (%) | 15.6 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Romania (%) | -7.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Russia (%) | 2.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | 1.6 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Serbia (%) | -5.5 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Singapore (%) | 19.5 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (%) | -3.6 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Slovenia (%) | 3.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| South Africa (%) | -2.3 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Spain (%) | 2.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Sri Lanka (%) | 1.1 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
| Sweden (%) | 7.1 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Switzerland (%) | 7.6 Dec 2023 | quarterly | Mar 1983 - Dec 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.8 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,071.175 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 39.8 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Forecast: Government Expenditure (NGN bn) | 69,308.370 2028 | yearly | 1990 - 2028 |
| Forecast: Government Net Debt (NGN bn) | 205,772.040 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (NGN bn) | 42,354.640 2028 | yearly | 1990 - 2028 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,043.310 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Balance (NGN bn) | -2,347.160 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 2,791.110 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue (NGN bn) | 4,791.390 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue: Oil (NGN bn) | 814.230 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Revenue (NGN bn) | 1,693.020 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure (NGN bn) | 4,040.180 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Government Debt: Domestic (NGN bn) | 53,258.012 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 1,889.4 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Total Exports (USD mn) | 4,751.7 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Exports Growth (%) | 82.1 Dec 2023 | monthly | Jan 2004 - Dec 2023 |
| Aluminum: Exports (USD th) | 165,856.846 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 34.5 Sep 2023 | monthly | Jan 2004 - Sep 2023 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 332.105 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Imports from USA (USD mn) | 176.789 Dec 2023 | monthly | Dec 2009 - Dec 2023 |
| Total Exports to China (USD mn) | 24.772 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Total Imports from China (USD mn) | 715.679 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Imports (NGN mn) | 2,429,185.197 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Exports: Crude Oil (NGN mn) | 3,404,818.113 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Trade (NGN mn) | 6,865,948.584 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow Netherlands (NGN mn) | 523,568.988 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports (NGN mn) | 4,284,566.609 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow UK (NGN mn) | 93,037.938 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: America: ow USA (NGN mn) | 299,453.208 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Mineral Products (NGN mn) | 24,389,951.388 2022 | yearly | 2003 - 2022 |
| Exports: Vegetable Products (NGN mn) | 316,546.604 2022 | yearly | 2003 - 2022 |
| Imports: Europe: ow Netherlands (NGN mn) | 158,090.619 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Europe: ow Germany (NGN mn) | 68,742.651 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: America: ow USA (NGN mn) | 159,407.643 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Asia: ow China (NGN mn) | 631,502.155 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Imports: Europe: ow UK (NGN mn) | 71,966.938 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Chemicals and Chemical Products (NGN mn) | 385,751.608 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 810,486.908 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Manufactured Goods (NGN mn) | 184,959.341 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Food and Live Animals (NGN mn) | 364,417.505 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Machinery and Transport Equipment (NGN mn) | 639,703.694 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 274.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment (USD mn) | 752.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 0.6 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 337.399 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 0.3 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -2.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 339.714 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt (USD mn) | 42,495.2 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | 0.890 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -80,930.532 2022 | yearly | 2005 - 2022 |
| BoP: CA: Current Transfers (USD mn) | 5,442.967 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Capital Account (USD mn) | 0.000 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Direct Investment (USD mn) | 94.452 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) | 1,000.946 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) | -182.419 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) | 1,437.945 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Other Investment (USD mn) | -1,699.632 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods (USD mn) | 2,798.047 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Assets (USD mn) | -1,085.664 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Debit (USD mn) | -11,787.111 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Credit (USD mn) | 5,452.430 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Debit (USD mn) | -2,775.122 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Debit (USD mn) | -4,428.113 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) | 848.311 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: Net Errors & Omission (USD mn) | -3,201.073 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services (USD mn) | -3,132.845 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Credit (USD mn) | 510.828 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income (USD mn) | -2,264.294 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Credit (USD mn) | 1,295.268 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Credit (USD mn) | 14,585.159 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account (USD mn) | 852.759 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities (USD mn) | 1,938.423 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Debit (USD mn) | -505.024 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 42,495.160 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Capital Inflow: Foreign Direct Investment (USD) | 20,080,525.860 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 19,608.589 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Money Supply M2 (USD mn) | 60,857.230 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| M2 Growth (%) | 77.6 Feb 2024 | monthly | Nov 1993 - Feb 2024 |
| Reserve Requirement Ratio (%) | 45.0 Mar 2024 | monthly | Nov 2005 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 32,360.0 Nov 2023 | monthly | Jan 1960 - Nov 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 7.771 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.9 Nov 2023 | monthly | Jan 2003 - Nov 2023 |
| Gold Reserves (USD mn) | 1,273.284 Sep 2023 | monthly | Dec 1950 - Sep 2023 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 74,341.2 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Domestic Credit Growth (%) | 63.6 Feb 2024 | monthly | Nov 1993 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 16.22 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 21,230,656.700 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 30,277,249.260 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 63,691,242.700 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 93,968,491.960 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.210 Dec 2022 | semiannually | Dec 2003 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.6 Nov 2023 | monthly | Jul 2015 - Nov 2023 |
More Indicators for Nigeria
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Balance of Payments
Balance of Payments: Capital and Financial Account
BPM5: Balance of Payments
BPM6: Balance of Payments: Detailed Presentation: Annual
BPM6: International Investment Position: Annual
Capital Inflows
Company Statistics
Current Account Balance as % of GDP
External Debt: Arrears and Reschedulings
External Debt: Debt Outstanding, Debt Ratio and Debt Service
External Debt: Government
External Debt: Net Flows and Net Transfers
Investment Statistics
Balance of Payments
Balance of Payments: Current Account
BPM6: Balance of Payments: Analytical Presentation: Annual
BPM6: International Investment Position
Businesses Registered Statistics
Capital Inflows (Annual)
Current Account as % of GDP
External Debt: Amortization
External Debt: Commitments and Currency Composition
External Debt: Disbursements and Interest Payment
External Debt: Government: Annual
External Debt: Terms and Undisbursed Debt