Nigeria Foreign Exchange Reserves: % of GDP

2010 - 2025 | Quarterly | % | CEIC Data

Key information about Nigeria Foreign Exchange Reserves: % of GDP

  • Nigeria Foreign Exchange Reserves: % of GDP was reported at 15.039 % in Jun 2025
  • This records a decrease from the previous number of 15.259 % for Mar 2025
  • Nigeria Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 12.287 % from Dec 2010 to Jun 2025, with 59 observations
  • The data reached an all-time high of 16.359 % in Dec 2024 and a record low of 5.287 % in Mar 2015
  • Nigeria Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly

CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The Central Bank of Nigeria provides Foreign Exchange Reserves in USD. The National Bureau of Statistics provides Nominal GDP in local currency, at basic prices. The Central Bank of Nigeria average market exchange rate is used for currency conversions.

View Nigeria's Foreign Exchange Reserves: % of GDP from Dec 2010 to Jun 2025 in the chart:

Nigeria Foreign Exchange Reserves: % of GDP

What was Nigeria's Foreign Exchange Reserves: % of GDP in Jun 2025?

Nigeria Foreign Exchange Reserves: % of GDP was reported at 15.039 % in Jun 2025 See the table below for more data.

Last Previous Min Max Unit Frequency Range
15.039 Jun 2025 15.259 Mar 2025 5.287 Mar 2015 16.359 Dec 2024 % quarterly Dec 2010 - Jun 2025

Foreign Exchange Reserves: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 25.234 Jun 2025 quarterly Dec 1995 - Jun 2025
Algeria (%) 20.152 Jun 2025 quarterly Dec 1999 - Jun 2025
Argentina (%) 4.714 Sep 2025 quarterly Dec 2004 - Sep 2025
Armenia (%) 15.307 Sep 2025 quarterly Dec 2013 - Sep 2025
Australia (%) 2.270 Sep 2025 quarterly Sep 1969 - Sep 2025
Austria (%) 0.759 Sep 2025 quarterly Dec 1995 - Sep 2025
Azerbaijan (%) 16.989 Sep 2025 quarterly Dec 2001 - Sep 2025
Bahrain (%) 6.720 Sep 2025 quarterly Dec 2007 - Sep 2025
Bangladesh (%) 4.000 Dec 2025 monthly Oct 1999 - Dec 2025
Belarus (%) 5.975 Sep 2025 quarterly Dec 2009 - Sep 2025
Belgium (%) 0.911 Sep 2025 quarterly Mar 1999 - Sep 2025
Bolivia (%) 0.100 Dec 2024 quarterly Mar 1999 - Dec 2024
Bosnia and Herzegovina (%) 30.127 Jun 2025 quarterly Dec 2008 - Jun 2025
Botswana (%) 19.402 Sep 2025 quarterly Jun 1994 - Sep 2025
Brazil (%) 13.603 Dec 2025 quarterly Dec 2000 - Dec 2025
Brunei (%) 5.000 Dec 2025 monthly Jan 2006 - Dec 2025
Bulgaria (%) 34.273 Sep 2025 quarterly Sep 2003 - Sep 2025
Cambodia (%) 7.000 Nov 2025 monthly Jan 2008 - Nov 2025
Canada (%) 4.225 Sep 2025 quarterly Jun 1999 - Sep 2025
Chile (%) 12.505 Sep 2025 quarterly Dec 1996 - Sep 2025
China (%) 6.200 Dec 2025 monthly Jan 1985 - Dec 2025
Colombia (%) 14.741 Sep 2025 quarterly Dec 2000 - Sep 2025
Croatia (%) 39.884 Dec 2022 quarterly Dec 1995 - Dec 2022
Cyprus (%) 0.679 Sep 2025 quarterly Mar 2002 - Sep 2025
Czech Republic (%) 42.387 Sep 2025 quarterly Mar 2000 - Sep 2025
Denmark (%) 19.938 Sep 2025 quarterly Mar 2002 - Sep 2025
Ecuador (%) 3.888 Sep 2025 quarterly Dec 2000 - Sep 2025
Egypt (%) 7.981 Sep 2025 quarterly Dec 2004 - Sep 2025
Estonia (%) 3.955 Sep 2025 quarterly Sep 2002 - Sep 2025
European Union (%) 1.766 Sep 2025 quarterly Dec 1999 - Sep 2025
Finland (%) 3.176 Sep 2025 quarterly Mar 2000 - Sep 2025
France (%) 0.961 Sep 2025 quarterly Mar 2004 - Sep 2025
Georgia (%) 11.063 Sep 2025 quarterly Dec 1996 - Sep 2025
Germany (%) 0.704 Sep 2025 quarterly Dec 1991 - Sep 2025
Ghana (%) 3.623 Dec 2023 quarterly Dec 2006 - Dec 2023
Greece (%) 1.369 Jun 2025 quarterly Mar 2004 - Jun 2025
Hong Kong SAR, China (%) 99.623 Sep 2025 quarterly Jun 2000 - Sep 2025
Hungary (%) 17.025 Sep 2025 quarterly Mar 2006 - Sep 2025
Iceland (%) 16.611 Sep 2025 quarterly Dec 2000 - Sep 2025
India (%) 3.000 Nov 2025 monthly Sep 1962 - Nov 2025
Indonesia (%) 9.000 Dec 2025 monthly Jan 1997 - Dec 2025
Ireland (%) 0.650 Sep 2025 quarterly Mar 1999 - Sep 2025
Israel (%) 38.896 Sep 2025 quarterly Dec 2001 - Sep 2025
Italy (%) 2.101 Sep 2025 quarterly Dec 1999 - Sep 2025
Ivory Coast (%) 0.005 Mar 2023 quarterly Dec 1997 - Mar 2023
Japan (%) 0.840 Oct 2025 monthly Oct 1980 - Oct 2025
Jordan (%) 24.820 Sep 2025 quarterly Dec 1992 - Sep 2025
Kazakhstan (%) 5.861 Jun 2025 quarterly Dec 2002 - Jun 2025
Kenya (%) 8.419 Sep 2025 quarterly Dec 2009 - Sep 2025
South Korea (%) 7.000 Dec 2025 monthly Nov 1979 - Dec 2025
Kosovo (%) 13.490 Sep 2025 quarterly Dec 2010 - Sep 2025
Kuwait (%) 26.539 Jun 2025 quarterly Dec 2010 - Jun 2025
Kyrgyzstan (%) 11.239 Sep 2025 quarterly Dec 2000 - Sep 2025
Laos (%) 8.000 Nov 2025 monthly Jan 2002 - Nov 2025
Latvia (%) 8.989 Sep 2025 quarterly Mar 1997 - Sep 2025
Lebanon (%) 7.448 2023 yearly 2004 - 2023
Lithuania (%) 5.351 Sep 2025 quarterly Dec 1995 - Sep 2025
Luxembourg (%) 0.052 Sep 2025 quarterly Mar 1999 - Sep 2025
Macau SAR, China (%) 58.945 Sep 2025 quarterly Dec 2001 - Sep 2025
North Macedonia (%) 24.433 Sep 2025 quarterly Dec 2000 - Sep 2025
Malawi (%) 7.753 2019 yearly 2002 - 2019
Malaysia (%) 1.000 Dec 2025 monthly Jan 1959 - Dec 2025
Malta (%) 4.034 Sep 2025 quarterly Dec 1995 - Sep 2025
Mauritius (%) 49.002 Sep 2025 quarterly Dec 2006 - Sep 2025
Mexico (%) 12.673 Sep 2025 quarterly Mar 2000 - Sep 2025
Moldova (%) 26.930 Jun 2025 quarterly Mar 2000 - Jun 2025
Mongolia (%) 19.853 Sep 2025 quarterly Dec 2010 - Sep 2025
Montenegro (%) 19.347 Sep 2025 quarterly Dec 2006 - Sep 2025
Morocco (%) 22.335 Sep 2025 quarterly Dec 2007 - Sep 2025
Mozambique (%) 16.441 2024 yearly 1984 - 2024
Myanmar (%) 3.750 Nov 2025 monthly May 2011 - Nov 2025
Nepal (%) 4.000 Nov 2025 monthly Jul 2003 - Nov 2025
Netherlands (%) 0.683 Sep 2025 quarterly Sep 1999 - Sep 2025
New Zealand (%) 9.441 Sep 2025 quarterly Sep 2005 - Sep 2025
Nigeria (%) 15.039 Jun 2025 quarterly Dec 2010 - Jun 2025
Norway (%) 14.767 Sep 2025 quarterly Mar 1999 - Sep 2025
Oman (%) 15.854 Sep 2025 quarterly Dec 2005 - Sep 2025
Pakistan (%) 5.000 Dec 2025 monthly Jul 2006 - Dec 2025
Palestinian Territory (%) 13.659 Sep 2025 quarterly Mar 2006 - Sep 2025
Panama (%) 4.178 Sep 2025 quarterly Dec 2007 - Sep 2025
Paraguay (%) 19.717 Jun 2025 quarterly Dec 1994 - Jun 2025
Peru (%) 24.077 Sep 2025 quarterly Dec 1990 - Sep 2025
Philippines (%) 5.000 Dec 2025 monthly May 1986 - Dec 2025
Poland (%) 19.371 Sep 2025 quarterly Mar 1998 - Sep 2025
Portugal (%) 1.976 Sep 2025 quarterly Dec 1999 - Sep 2025
Qatar (%) 18.189 Sep 2025 quarterly Dec 2010 - Sep 2025
Romania (%) 16.648 Sep 2025 quarterly Jun 2005 - Sep 2025
Russia (%) 16.799 Sep 2025 quarterly Dec 2011 - Sep 2025
Saudi Arabia (%) 33.447 Sep 2025 quarterly Dec 2003 - Sep 2025
Serbia (%) 27.055 Sep 2025 quarterly Mar 2004 - Sep 2025
Singapore (%) 66.529 Sep 2025 quarterly Jun 2000 - Sep 2025
Slovakia (%) 7.453 Sep 2025 quarterly Dec 1999 - Sep 2025
Slovenia (%) 1.918 Sep 2025 quarterly Dec 1995 - Sep 2025
South Africa (%) 11.336 Sep 2025 quarterly Mar 2001 - Sep 2025
Spain (%) 3.471 Sep 2025 quarterly Dec 1995 - Sep 2025
Sri Lanka (%) 2.000 Nov 2025 monthly Mar 1997 - Nov 2025
Sudan (%) 0.000 2017 yearly 1960 - 2017
Sweden (%) 7.102 Sep 2025 quarterly Mar 2000 - Sep 2025
Switzerland (%) 89.325 Sep 2025 quarterly Mar 2006 - Sep 2025
Syria (%) 31.149 2010 yearly 1990 - 2010

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports (USD mn) 4,858.0 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports Growth (%) 22.6 Jun 2025 monthly Jan 2004 - Jun 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 2.5 Jun 2025 monthly Jan 2004 - Jun 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 264.685 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports from USA (USD mn) 503.329 Jun 2025 monthly Dec 2009 - Jun 2025
Total Exports to China (USD mn) 174.147 Jun 2025 monthly Jan 2007 - Jun 2025
Total Imports from China (USD mn) 1,013.525 Jun 2025 monthly Jan 2007 - Jun 2025
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 992.7 Jun 2025 quarterly Mar 2008 - Jun 2025
Current Account Balance (USD mn) 5,281.7 Jun 2025 quarterly Mar 2014 - Jun 2025
Current Account Balance: % of GDP (%) 8.7 Jun 2025 quarterly Mar 2014 - Jun 2025
Foreign Direct Investment (USD mn) 85.1 Jun 2025 quarterly Mar 2014 - Jun 2025
Foreign Direct Investment: % of GDP (%) 0.1 Jun 2025 quarterly Mar 2010 - Jun 2025
Foreign Portfolio Investment (USD mn) 5,282.418 Jun 2025 quarterly Mar 2008 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 8.3 Jun 2025 quarterly Mar 2010 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 242.0 Jun 2025 quarterly Mar 2008 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 5,040.443 Jun 2025 quarterly Mar 2008 - Jun 2025
External Debt (USD mn) 46,983.4 Jun 2025 quarterly Dec 2006 - Jun 2025
External Debt: % of GDP (%) 18.6 2024 yearly 1985 - 2024
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) 2.643 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,546.495 2024 yearly 2005 - 2024
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
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) 28,022.826 Nov 2025 monthly Apr 1990 - Nov 2025
Money Supply M2 (USD mn) 85,006.794 Nov 2025 monthly Apr 1990 - Nov 2025
M2 Growth (%) 12.8 Nov 2025 monthly Apr 1991 - Nov 2025
Reserve Requirement Ratio (%) 45.0 Dec 2025 monthly Nov 2005 - Dec 2025
Foreign Exchange Reserves (USD mn) 40,510.0 Jul 2025 monthly Jan 1960 - Jul 2025
Foreign Exchange Reserves: % of GDP (%) 15.039 Jun 2025 quarterly Dec 2010 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 9.8 Jul 2025 monthly Jan 2003 - Jul 2025
Gold Reserves (USD mn) 2,277.659 Jun 2025 monthly Dec 1950 - Jun 2025
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) 69,825.1 Nov 2025 monthly Apr 1990 - Nov 2025
Domestic Credit Growth (%) -12.6 Nov 2025 monthly Apr 1991 - Nov 2025
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 36,201,523.160 Nov 2025 monthly Apr 1990 - Nov 2025
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 82,412,612.760 Nov 2025 monthly Apr 1990 - Nov 2025
Monetary Survey: Liabilities: M2 (NGN mn) 122,940,404.130 Nov 2025 monthly Apr 1990 - Nov 2025
Monetary Survey: Liabilities: M2: M1 (NGN mn) 40,527,791.370 Nov 2025 monthly Apr 1990 - Nov 2025
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.6 Nov 2025 monthly Jul 2015 - Nov 2025

More Indicators for Nigeria

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