Nigeria Gross Savings Rate
1981 - 2021 | Yearly | % | CEIC Data
Key information about Nigeria Gross Savings Rate
- Nigeria Gross Savings Rate was measured at 32.7% in Dec 2021, compared with 32.7% in the previous year.
- Nigeria Gross Savings Rate is updated yearly, with data available from Dec 1981 to Dec 2021, and an average rate of 32.7%.
- The data reached an all-time high of 32.7% in Dec 1981 and a record low of 13.1% in Dec 2016.
- CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated from Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is the sum of Private and Government Consumption Expenditure. The National Bureau of Statistics provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.
- In the latest reports, Nigeria GDP expanded 2.2% YoY in Sep 2022.
- Nigeria Nominal GDP reached 124,041.8 USD mn in Sep 2022. Its GDP deflator (implicit price deflator) increased 13.3% in Sep 2022.
- Nigeria GDP Per Capita reached 2,057.0 USD in Dec 2021.
View Nigeria's Gross Savings Rate from 1981 to 2021 in the chart:
What was Nigeria's Gross Savings Rate in 2021?
Nigeria Gross Savings Rate was measured at 32.7% in Dec 2021, compared with 32.7% in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 32.7 2021 | 27.4 2020 | 13.1 2016 | 88.4 1981 | % | yearly | 1981 - 2021 |
Gross Savings Rate by Country Comparison
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Includes Gross Savings Rate on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 17.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 36.2 2021 | yearly | 2000 - 2021 |
| Argentina (%) | 11.0 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Armenia (%) | 13.7 Jun 2023 | quarterly | Dec 1994 - Jun 2023 |
| Australia (%) | 29.6 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 27.4 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Azerbaijan (%) | 32.0 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Bahrain (%) | 34.4 2021 | yearly | 1989 - 2021 |
| Bangladesh (%) | 30.4 2021 | yearly | 2006 - 2021 |
| Belarus (%) | 24.6 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
| Belgium (%) | 24.2 Jun 2023 | quarterly | Mar 1980 - Jun 2023 |
| Bolivia (%) | 19.2 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
| Bosnia and Herzegovina (%) | 17.5 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
| Botswana (%) | 32.2 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Brazil (%) | 17.4 Jun 2023 | quarterly | Mar 1991 - Jun 2023 |
| Brunei (%) | 60.0 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.7 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Cambodia (%) | 27.2 2021 | yearly | 1993 - 2021 |
| Canada (%) | 20.0 Jun 2023 | quarterly | Mar 1961 - Jun 2023 |
| Chile (%) | 19.9 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| China (%) | 45.9 2021 | yearly | 1952 - 2021 |
| Colombia (%) | 8.6 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Croatia (%) | 22.8 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Cyprus (%) | 21.1 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Czech Republic (%) | 31.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 33.7 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
| Ecuador (%) | 22.5 Jun 2023 | quarterly | Mar 1991 - Jun 2023 |
| Egypt (%) | 6.7 2017 | yearly | 1990 - 2017 |
| Estonia (%) | 29.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| European Union (%) | 26.7 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Finland (%) | 21.9 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
| France (%) | 14.2 Dec 2017 | quarterly | Mar 1949 - Dec 2017 |
| Georgia (%) | 20.9 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Germany (%) | 29.6 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Ghana (%) | 15.4 2022 | yearly | 2006 - 2022 |
| Greece (%) | 8.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Hong Kong SAR, China (%) | 19.4 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Hungary (%) | 28.0 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Iceland (%) | 20.6 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| India (%) | 30.2 2022 | yearly | 1951 - 2022 |
| Indonesia (%) | 39.0 Sep 2023 | quarterly | Mar 2010 - Sep 2023 |
| Iran (%) | 29.9 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
| Ireland (%) | 62.1 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Israel (%) | 30.2 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Italy (%) | 20.8 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Ivory Coast (%) | 22.2 2022 | yearly | 1960 - 2022 |
| Japan (%) | 28.8 Mar 2022 | quarterly | Mar 1980 - Mar 2022 |
| Jordan (%) | -3.9 2022 | yearly | 1963 - 2022 |
| Kazakhstan (%) | 44.9 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 12.1 2022 | yearly | 2006 - 2022 |
| South Korea (%) | 34.0 Dec 2022 | quarterly | Mar 1970 - Dec 2022 |
| Kosovo (%) | -3.4 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Kuwait (%) | 31.1 2019 | yearly | 1970 - 2019 |
| Kyrgyzstan (%) | -4.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 18.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 20.1 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Lebanon (%) | -21.7 2020 | yearly | 1990 - 2020 |
| Lithuania (%) | 19.4 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Luxembourg (%) | 52.5 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 16.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| North Macedonia (%) | 9.6 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Malawi (%) | 11.2 2019 | yearly | 1977 - 2019 |
| Malaysia (%) | 26.9 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Malta (%) | 39.4 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
| Mauritius (%) | 20.6 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Mexico (%) | 18.5 Jun 2023 | quarterly | Mar 1993 - Jun 2023 |
| Moldova (%) | -1.3 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Mongolia (%) | 35.8 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Montenegro (%) | 8.8 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Morocco (%) | 27.2 2022 | yearly | 1975 - 2022 |
| Mozambique (%) | 8.1 2022 | yearly | 1969 - 2022 |
| Myanmar (%) | 28.7 2018 | yearly | 1996 - 2018 |
| Nepal (%) | 31.4 2023 | yearly | 2001 - 2023 |
| Netherlands (%) | 31.2 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| New Zealand (%) | 20.3 Sep 2022 | quarterly | Jun 1987 - Sep 2022 |
| Nigeria (%) | 32.7 2021 | yearly | 1981 - 2021 |
| Norway (%) | 35.9 Jun 2023 | quarterly | Mar 1978 - Jun 2023 |
| Oman (%) | 18.8 2021 | yearly | 1980 - 2021 |
| Pakistan (%) | 6.0 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (%) | 9.0 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Panama (%) | 35.8 2021 | yearly | 1960 - 2021 |
| Paraguay (%) | 21.3 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Peru (%) | 19.8 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
| Philippines (%) | 10.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 23.3 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Portugal (%) | 21.7 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Qatar (%) | 66.4 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 20.8 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Russia (%) | 31.9 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Saudi Arabia (%) | 38.1 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
| Serbia (%) | 14.5 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Singapore (%) | 49.2 2022 | yearly | 1960 - 2022 |
| Slovakia (%) | 18.6 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| Slovenia (%) | 28.2 Jun 2023 | quarterly | Mar 1995 - Jun 2023 |
| South Africa (%) | 14.8 Jun 2023 | quarterly | Mar 1960 - Jun 2023 |
| Spain (%) | 22.7 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Sri Lanka (%) | 26.1 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Sudan (%) | 13.7 2014 | yearly | 1960 - 2014 |
| Sweden (%) | 30.6 Jun 2023 | quarterly | Mar 1980 - Jun 2023 |
| Switzerland (%) | 33.4 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.5 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,119.933 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| National Government Debt (USD mn) | 105,874.7 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Government Debt: % of GDP (%) | 38.4 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Forecast: Government Expenditure (NGN bn) | 69,308.370 2028 | yearly | 1990 - 2028 |
| Forecast: Government Net Debt (NGN bn) | 205,772.042 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (NGN bn) | 42,354.643 2028 | yearly | 1990 - 2028 |
| Federal Govt Expenditure: Capital (NGN bn) | 270.710 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Federal Govt Balance (NGN bn) | -1,430.830 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Gross Federation Account Revenue (NGN bn) | 3,417.450 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 2,345.670 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Gross Federation Account Revenue: Oil (NGN bn) | 809.020 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Revenue (NGN bn) | 1,733.060 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Expenditure (NGN bn) | 4,511.090 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Government Debt: Domestic (NGN bn) | 21,551.925 Sep 2022 | quarterly | Dec 2005 - Sep 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 2,864.8 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Exports (USD mn) | 4,980.1 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Exports Growth (%) | 20.8 Jun 2023 | monthly | Jan 2004 - Jun 2023 |
| Aluminum: Exports (USD th) | 165,096.506 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | -51.0 Jun 2023 | monthly | Jan 2004 - Jun 2023 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 572.559 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Imports from USA (USD mn) | 152.825 Jun 2023 | monthly | Dec 2009 - Jun 2023 |
| Total Exports to China (USD mn) | 95.340 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Total Imports from China (USD mn) | 789.577 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Imports (NGN mn) | 1,285,540.268 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Crude Oil (NGN mn) | 2,414,082.844 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Trade (NGN mn) | 4,312,166.584 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Europe: ow Netherlands (NGN mn) | 211,211.147 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: America: ow USA (NGN mn) | 347,972.110 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports (NGN mn) | 3,026,626.316 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Europe: ow UK (NGN mn) | 261,128.427 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Mineral Products (NGN mn) | 24,389,951.388 2022 | yearly | 2003 - 2022 |
| Exports: Vegetable Products (NGN mn) | 316,546.604 2022 | yearly | 2003 - 2022 |
| Imports: Europe: ow Germany (NGN mn) | 28,945.326 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Europe: ow Netherlands (NGN mn) | 65,817.881 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Asia: ow China (NGN mn) | 479,864.758 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Imports: America: ow USA (NGN mn) | 92,879.196 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Europe: ow UK (NGN mn) | 22,052.326 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Chemicals and Chemical Products (NGN mn) | 209,078.730 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 103,084.916 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Manufactured Goods (NGN mn) | 154,179.230 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Food and Live Animals (NGN mn) | 260,951.755 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Machinery and Transport Equipment (NGN mn) | 456,731.551 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 274.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment (USD mn) | 752.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 0.6 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 337.399 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 0.3 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -2.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 339.714 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt (USD mn) | 43,159.2 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| External Debt: % of GDP (%) | 8.9 2022 | yearly | 1985 - 2022 |
| 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) | -1.502 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -77,562.105 2022 | yearly | 2005 - 2022 |
| BoP: CF: Capital Account (USD mn) | 0.000 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CA: Current Transfers (USD mn) | 5,442.967 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) | 1,000.946 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) | -182.419 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) | 1,437.945 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Direct Investment (USD mn) | 94.452 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Other Investment (USD mn) | -1,699.632 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods (USD mn) | 2,798.047 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income (USD mn) | -2,264.294 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Assets (USD mn) | -1,085.664 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Debit (USD mn) | -11,787.111 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Credit (USD mn) | 5,452.430 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Debit (USD mn) | -2,775.122 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Debit (USD mn) | -4,428.113 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: Net Errors & Omission (USD mn) | -3,201.073 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) | 848.311 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Credit (USD mn) | 1,295.268 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Debit (USD mn) | -505.024 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services (USD mn) | -3,132.845 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Credit (USD mn) | 14,585.159 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account (USD mn) | 852.759 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Credit (USD mn) | 510.828 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities (USD mn) | 1,938.423 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 43,159.190 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| External Debt: Government: International Capital Market (USD mn) | 15,618.350 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Capital Inflow: Foreign Direct Investment (USD) | 20,080,525.860 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| 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) | 32,984.407 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Money Supply M2 (USD mn) | 86,392.467 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| M2 Growth (%) | 34.6 Sep 2023 | monthly | Nov 1993 - Sep 2023 |
| Reserve Requirement Ratio (%) | 32.5 Oct 2023 | monthly | Nov 2005 - Oct 2023 |
| Foreign Exchange Reserves (USD mn) | 34,390.0 May 2023 | monthly | Jan 1960 - May 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 7.433 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 15.9 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Gold Reserves (USD mn) | 1,320.221 Jun 2023 | monthly | Dec 1950 - Jun 2023 |
| 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) | 120,607.0 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Domestic Credit Growth (%) | 46.4 Sep 2023 | monthly | Nov 1993 - Sep 2023 |
| Private Debt: % of Nominal GDP (%) | 12.94 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 19,506,555.340 Sep 2023 | monthly | Jan 1993 - Sep 2023 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 41,057,980.140 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 25,357,092.620 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 66,415,072.760 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.210 Dec 2022 | semiannually | Dec 2003 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 7.0 May 2023 | monthly | Jul 2015 - May 2023 |
More Indicators for Nigeria
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National Accounts
GDP: by Expenditure: 2010 Price
GDP: by Expenditure: Current Price
GDP: by Income: 2010 Price: Annual
GDP: by Income: Current Price: Annual
GDP: by Industry: 2010 Price: Annual
GDP: by Industry: Current Price: Annual
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
GDP: by Expenditure: 2010 Price Annual
GDP: by Expenditure: Current Price: Annual
GDP: by Income: Current Price
GDP: by Industry: 2010 Price
GDP: by Industry: Current Price
GDP Deflator
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP