Nigeria Domestic Credit
Nigeria Domestic Credit reached 105.7 USD bn in Nov 2020, compared with a reported figure of 104.2 USD bn in the previous month. Nigeria Domestic Credit data is updated monthly. It is available from Nov 1992 to Nov 2020 and averaged 20.0 USD bn. The data reached an all-time high of 121.2 USD bn in Feb 2020 and a record low of -2.1 USD bn in Jan 2007. CEIC converts monthly Domestic Credit into USD. The Central Bank of Nigeria provides Domestic Credit in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions. Net Domestic Credit is used.
In the latest reports, Nigeria Domestic Credit represented an increased of 13.0 % YoY in Nov 2020. Money Supply M2 in Nigeria increased 28.5 % YoY in Nov 2020. Nigeria Foreign Exchange Reserves was measured at 35.7 USD bn in Oct 2020. The Foreign Exchange Reserves equaled 10.5 Months of Import in Sep 2020. The country's Non Performing Loans Ratio stood at 11.4 % in Dec 2018, compared with the ratio of 14.8 % in the previous year.
View Nigeria's Domestic Credit from Nov 1992 to Nov 2020 in the chart:
What was Nigeria's Domestic Credit in Nov 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 105,722.4 Nov 2020 | 104,182.2 Oct 2020 | -2,073.7 Jan 2007 | 121,168.9 Feb 2020 | USD mn | monthly | Nov 1992 - Nov 2020 |
Domestic Credit by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 9,645.0 Nov 2020 | monthly | Dec 2002 - Nov 2020 |
| Algeria (USD mn) | 143,570.0 Oct 2020 | monthly | Dec 2001 - Oct 2020 |
| Argentina (USD mn) | 164,095.2 Jul 2018 | monthly | Jan 1990 - Jul 2018 |
| Armenia (USD mn) | 9,993.7 Oct 2020 | monthly | Dec 1993 - Oct 2020 |
| Australia (USD mn) | 3,665,112.6 Sep 2020 | monthly | Dec 2001 - Sep 2020 |
| Austria (USD mn) | 606,113.9 Oct 2020 | monthly | Jan 1999 - Oct 2020 |
| Azerbaijan (USD mn) | 14,098.2 Oct 2020 | monthly | Dec 2001 - Oct 2020 |
| Bahrain (USD mn) | 45,202.0 Nov 2020 | monthly | Sep 1991 - Nov 2020 |
| Bangladesh (USD mn) | 158,571.8 Nov 2020 | monthly | Jul 1987 - Nov 2020 |
| Belarus (USD mn) | 21,316.9 Dec 2020 | monthly | Dec 2006 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.2 Mar 2020 | quarterly | Dec 2010 - Mar 2020 |
| Consolidated Fiscal Balance (USD mn) | -4,673.639 Mar 2020 | quarterly | Mar 2005 - Mar 2020 |
| National Government Debt (USD mn) | 73,740.7 Sep 2020 | quarterly | Dec 2006 - Sep 2020 |
| Government Debt: % of GDP (%) | 18.2 Jun 2020 | quarterly | Dec 2010 - Jun 2020 |
| Forecast: Government Expenditure (NGN bn) | 34,920.128 2025 | yearly | 1990 - 2025 |
| Forecast: Government Net Debt (NGN bn) | 109,473.696 2025 | yearly | 1990 - 2025 |
| Forecast: Government Revenue (NGN bn) | 21,509.034 2025 | yearly | 1990 - 2025 |
| Gross Federation Account Revenue (NGN bn) | 2,268.700 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Balance (NGN bn) | -1,289.030 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Gross Federation Account Revenue: Oil (NGN bn) | 953.900 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Revenue (NGN bn) | 842.090 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Expenditure (NGN bn) | 2,131.120 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 1,650.430 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Government Debt: Domestic (NGN bn) | 15,846.231 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
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