Nigeria Foreign Exchange Reserves
Nigeria's Foreign Exchange Reserves was measured at 35.7 USD bn in Oct 2020, compared with 35.7 USD bn in the previous month. Nigeria's Foreign Exchange Reserves: USD mn data is updated monthly, available from Jan 1960 to Oct 2020. The data reached an all-time high of 62.1 USD bn in Sep 2008 and a record low of 63.2 USD mn in Jun 1968. Foreign Exchange Reserves exclude SDRs, Gold and IMF position.
In the latest reports, Nigeria's Foreign Exchange Reserves equaled 10.9 Months of Import in Jul 2020. Its Money Supply M2 increased 26.2 % YoY in Sep 2020. Nigeria's Domestic Credit reached 103.8 USD bn in Sep 2020, representing an increased of 9.6 % YoY. 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 Foreign Exchange Reserves from Jan 1960 to Oct 2020 in the chart:
What was Nigeria's Foreign Exchange Reserves in Oct 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 35,689.5 Oct 2020 | 35,738.8 Sep 2020 | 63.2 Jun 1968 | 62,081.9 Sep 2008 | USD mn | monthly | Jan 1960 - Oct 2020 |
Foreign Exchange Reserves by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 4,184.8 Nov 2020 | monthly | Dec 1993 - Nov 2020 |
| Algeria (USD mn) | 48,491.2 Oct 2020 | monthly | Jan 1968 - Oct 2020 |
| Argentina (USD mn) | 33,910.2 Dec 2020 | monthly | Dec 1956 - Dec 2020 |
| Armenia (USD mn) | 2,405.0 Sep 2020 | monthly | Dec 1993 - Sep 2020 |
| Australia (USD mn) | 32,625.4 Dec 2020 | monthly | Jul 1969 - Dec 2020 |
| Austria (USD mn) | 9,620.1 Dec 2020 | monthly | Jan 1957 - Dec 2020 |
| Azerbaijan (USD mn) | 7,143.8 Oct 2020 | monthly | Dec 1992 - Oct 2020 |
| Bahrain (USD mn) | 1,883.2 Sep 2020 | monthly | Oct 1965 - Sep 2020 |
| Bangladesh (USD mn) | 41,035.8 Dec 2020 | monthly | Dec 1972 - Dec 2020 |
| Belarus (USD mn) | 3,890.9 Dec 2020 | monthly | Dec 2002 - 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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