Nigeria Domestic Credit

1992 - 2020 | Monthly | USD mn | CEIC Data

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:

Nigeria Domestic Credit

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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Includes Domestic Credit on 116 economies standardised by CEIC. Instant access to full history data in excel.
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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Nigeria Key Series

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Includes 268 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
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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