Nigeria Foreign Exchange Reserves

1960 - 2020 | Monthly | USD mn | Central Bank of Nigeria

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:

Nigeria Foreign Exchange Reserves

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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Includes Foreign Exchange Reserves on 115 economies standardised by CEIC. Instant access to full history data in excel.
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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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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