Nigeria Money Supply M1

1992 - 2024 | Monthly | USD mn | CEIC Data

Key information about Nigeria Money Supply M1

  • Nigeria Money Supply M1 was reported at 25.433 USD bn in Apr 2024
  • This records an increase from the previous number of 24.424 USD bn for Mar 2024
  • Nigeria Money Supply M1 data is updated monthly, averaging 29.527 USD bn from Nov 1992 to Apr 2024, with 378 observations
  • The data reached an all-time high of 50.619 USD bn in Aug 2022 and a record low of 3.078 USD bn in Feb 1993. Nigeria Money Supply M1 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: Money Supply M1: USD: Monthly

CEIC converts monthly Money Supply M1 into USD. The Central Bank of Nigeria provides Money Supply M1 in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.

View Nigeria's Money Supply M1 from Nov 1992 to Apr 2024 in the chart:

Nigeria Money Supply M1

What was Nigeria's Money Supply M1 in Apr 2024?

Nigeria Money Supply M1 was reported at 25.433 USD bn in Apr 2024 See the table below for more data.

Last Previous Min Max Unit Frequency Range
25,433.454 Apr 2024 24,423.728 Mar 2024 3,078.081 Feb 1993 50,619.430 Aug 2022 USD mn monthly Nov 1992 - Apr 2024

Money Supply M1 by Country Comparison

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Includes Money Supply M1 on 112 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 8,187.273 Apr 2024 monthly Dec 1993 - Apr 2024
Algeria (USD mn) 112,011.683 Dec 2022 monthly Jan 2001 - Dec 2022
Argentina (USD mn) 26,945.582 Apr 2024 monthly Jan 1990 - Apr 2024
Armenia (USD mn) 4,860.857 Feb 2024 monthly Jan 2002 - Feb 2024
Australia (USD mn) 1,083,582.082 Apr 2024 monthly Feb 1975 - Apr 2024
Austria (USD mn) 316,292.343 Apr 2024 monthly Jul 1969 - Apr 2024
Azerbaijan (USD mn) 16,656.350 Apr 2024 monthly Dec 1995 - Apr 2024
Bahrain (USD mn) 8,133.886 Apr 2023 monthly Dec 1974 - Apr 2023
Bangladesh (USD mn) 41,357.145 Apr 2024 monthly Jun 1986 - Apr 2024
Belarus (USD mn) 7,531.646 May 2024 monthly Nov 1993 - May 2024
Belgium (USD mn) 254,386.041 Apr 2024 monthly Dec 1996 - Apr 2024
Bolivia (USD mn) 13,226.899 Mar 2024 monthly Dec 1987 - Mar 2024
Bosnia and Herzegovina (USD mn) 12,111.045 Apr 2024 monthly Aug 1997 - Apr 2024
Botswana (USD mn) 2,163.828 Feb 2024 monthly Dec 2000 - Feb 2024
Brazil (USD mn) 122,971.495 Apr 2024 monthly Feb 1986 - Apr 2024
Brunei (USD mn) 4,605.991 Mar 2024 monthly Jan 1999 - Mar 2024
Bulgaria (USD mn) 69,919.872 Apr 2024 monthly Dec 1995 - Apr 2024
Cambodia (USD mn) 11,049.568 Mar 2024 monthly Jan 1995 - Mar 2024
Canada (USD mn) 1,120,243.722 Mar 2024 monthly Mar 1975 - Mar 2024
Chile (USD mn) 61,175.306 May 2024 monthly Dec 1965 - May 2024
China (USD mn) 9,472,189.749 Dec 2023 monthly Jan 1997 - Dec 2023
Colombia (USD mn) 38,979.482 May 2023 monthly Jan 1984 - May 2023
Croatia (USD mn) 52,971.158 Apr 2024 monthly Jun 1994 - Apr 2024
Czech Republic (USD mn) 218,688.327 Apr 2024 monthly Jan 2002 - Apr 2024
Denmark (USD mn) 186,387.350 Aug 2017 monthly Jan 1995 - Aug 2017
Ecuador (USD mn) 29,889.676 Apr 2024 monthly Dec 2006 - Apr 2024
Egypt (USD mn) 51,943.586 Apr 2024 monthly Jan 1996 - Apr 2024
Estonia (USD mn) 18,482.252 Apr 2024 monthly Jan 1993 - Apr 2024
European Union (USD mn) 10,944,084.933 Apr 2024 monthly Jan 1999 - Apr 2024
Finland (USD mn) 143,928.057 Apr 2024 monthly Jan 1980 - Apr 2024
France (USD mn) 1,690,777.196 Apr 2024 monthly Dec 1977 - Apr 2024
Georgia (USD mn) 6,078.781 Apr 2024 monthly Oct 1995 - Apr 2024
Germany (USD mn) 2,746,856.412 Apr 2024 monthly Jan 1957 - Apr 2024
Ghana (USD mn) 10,251.243 Dec 2023 quarterly Mar 1990 - Dec 2023
Greece (USD mn) 192,363.284 Apr 2024 monthly Jan 2001 - Apr 2024
Hong Kong SAR, China (USD mn) 194,484.891 Apr 2024 monthly Jan 1985 - Apr 2024
Hungary (USD mn) 87,572.494 Apr 2024 monthly Jan 1998 - Apr 2024
Iceland (USD mn) 5,430.862 Apr 2024 monthly Apr 1960 - Apr 2024
India (USD mn) 744,422.510 May 2024 monthly Jan 1957 - May 2024
Indonesia (USD mn) 161,440.595 Apr 2024 monthly Feb 1968 - Apr 2024
Iran (USD mn) 458,900.000 Feb 2024 monthly Dec 1999 - Feb 2024
Ireland (USD mn) 308,828.500 Apr 2024 monthly Jan 1990 - Apr 2024
Israel (USD mn) 137,965.007 May 2023 monthly Jan 1997 - May 2023
Italy (USD mn) 1,753,831.857 Apr 2024 monthly Dec 1974 - Apr 2024
Ivory Coast (USD mn) 19,958.940 Feb 2024 monthly Jan 2004 - Feb 2024
Japan (USD mn) 7,018,541.323 Apr 2024 monthly Jan 1957 - Apr 2024
Jordan (USD mn) 17,650.282 Nov 2023 monthly Jan 1990 - Nov 2023
Kazakhstan (USD mn) 22,750.896 May 2024 monthly Dec 1993 - May 2024
Kenya (USD mn) 14,628.057 Feb 2024 monthly Dec 1995 - Feb 2024
South Korea (USD mn) 885,925.524 Apr 2024 monthly Jan 1970 - Apr 2024
Kuwait (USD mn) 36,397.140 Apr 2024 monthly Jan 1994 - Apr 2024
Kyrgyzstan (USD mn) 3,381.311 Mar 2024 monthly Jan 1994 - Mar 2024
Laos (USD mn) 1,038.082 Dec 2023 quarterly Dec 1999 - Dec 2023
Latvia (USD mn) 16,995.787 Apr 2024 monthly Jul 2003 - Apr 2024
Lebanon (USD mn) 5,557.627 Feb 2024 monthly Dec 1979 - Feb 2024
Lithuania (USD mn) 45,311.592 Apr 2024 monthly Dec 1993 - Apr 2024
Luxembourg (USD mn) 305,882.921 Apr 2024 monthly Jan 1999 - Apr 2024
Macau SAR, China (USD mn) 8,461.122 Apr 2024 monthly Jun 1984 - Apr 2024
North Macedonia (USD mn) 4,530.440 Apr 2024 monthly Jan 2003 - Apr 2024
Malawi (USD mn) 1,005.072 Apr 2021 monthly Jan 1975 - Apr 2021
Malaysia (USD mn) 133,846.869 Apr 2024 monthly Dec 1969 - Apr 2024
Malta (USD mn) 24,389.869 Apr 2024 monthly Jan 1980 - Apr 2024
Mauritius (USD mn) 1,098.206 Apr 2024 monthly Jun 2005 - Apr 2024
Mexico (USD mn) 430,207.993 Apr 2024 monthly Dec 1985 - Apr 2024
Moldova (USD mn) 4,806.700 Apr 2024 monthly Jan 2000 - Apr 2024
Mongolia (USD mn) 2,853.107 Apr 2024 monthly Dec 1996 - Apr 2024
Morocco (USD mn) 128,829.986 Apr 2024 monthly Jan 1985 - Apr 2024
Myanmar (USD mn) 18,981.351 Jun 2023 monthly Apr 2012 - Jun 2023
Nepal (USD mn) 6,515.520 May 2024 monthly Jan 2001 - May 2024
Netherlands (USD mn) 542,994.003 Apr 2024 monthly Dec 1982 - Apr 2024
New Zealand (USD mn) 69,657.549 Apr 2024 monthly Dec 2016 - Apr 2024
Nigeria (USD mn) 25,433.454 Apr 2024 monthly Nov 1992 - Apr 2024
Norway (USD mn) 242,382.267 Apr 2024 monthly Dec 1992 - Apr 2024
Oman (USD mn) 17,123.017 Mar 2024 monthly Jan 1999 - Mar 2024
Pakistan (USD mn) 39,944.514 Apr 2024 monthly Jul 1991 - Apr 2024
Palestinian Territory (USD mn) 10,376.900 Dec 2023 quarterly Mar 2013 - Dec 2023
Panama (USD mn) 8,863.130 Apr 2024 monthly Dec 2002 - Apr 2024
Paraguay (USD mn) 5,607.397 Apr 2024 monthly Dec 1988 - Apr 2024
Peru (USD mn) 73,410.231 Apr 2024 monthly Jan 1992 - Apr 2024
Philippines (USD mn) 117,501.326 Apr 2024 monthly Dec 1988 - Apr 2024
Poland (USD mn) 418,321.709 Apr 2024 monthly Dec 1996 - Apr 2024
Portugal (USD mn) 148,836.988 Apr 2024 monthly Dec 1979 - Apr 2024
Qatar (USD mn) 42,475.824 Apr 2024 monthly Jan 1982 - Apr 2024
Romania (USD mn) 88,399.582 Apr 2024 monthly Dec 2001 - Apr 2024
Russia (USD mn) 546,087.290 Apr 2024 monthly Dec 2007 - Apr 2024
Saudi Arabia (USD mn) 428,542.659 Apr 2024 monthly Jan 1993 - Apr 2024
Serbia (USD mn) 15,769.633 Apr 2024 monthly Dec 2001 - Apr 2024
Singapore (USD mn) 336,755.853 Apr 2024 monthly Mar 2004 - Apr 2024
Slovakia (USD mn) 73,802.886 Apr 2024 monthly Jan 2003 - Apr 2024
Slovenia (USD mn) 41,013.739 Apr 2024 monthly Jan 1994 - Apr 2024
South Africa (USD mn) 138,555.653 Apr 2024 monthly Mar 1965 - Apr 2024
Spain (USD mn) 1,323,360.845 Apr 2024 monthly Jan 1962 - Apr 2024
Sri Lanka (USD mn) 5,729.197 Mar 2024 monthly Jan 1994 - Mar 2024
Sudan (USD mn) 4,492.463 Mar 2022 monthly Dec 2003 - Mar 2022
Sweden (USD mn) 349,512.786 Apr 2024 monthly Jan 1998 - Apr 2024
Switzerland (USD mn) 749,108.336 May 2023 monthly Dec 1984 - May 2023
Syria (USD mn) 18,756.126 Dec 2011 monthly Dec 1994 - Dec 2011
Taiwan (USD mn) 339,063.720 Apr 2024 monthly Jan 1992 - Apr 2024
Tajikistan (USD mn) 2,506.654 May 2023 monthly Dec 2000 - May 2023
Thailand (USD mn) 84,444.133 Apr 2024 monthly Dec 1975 - Apr 2024

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Nigeria Key Series

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Includes 184 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 (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (NGN bn) 99,387.936 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 74,924.965 2029 yearly 1990 - 2029
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,888.9 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports (USD mn) 4,751.7 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports Growth (%) 82.1 Dec 2023 monthly Jan 2004 - Dec 2023
Aluminum: Exports (USD th) 165,856.846 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 (%) 108.9 Dec 2023 monthly Jan 2004 - Dec 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) 332.105 Dec 2023 monthly Jan 2003 - Dec 2023
Total Imports from USA (USD mn) 176.789 Dec 2023 monthly Dec 2009 - Dec 2023
Total Exports to China (USD mn) 24.772 Sep 2023 monthly Jan 2007 - Sep 2023
Total Imports from China (USD mn) 700.360 Dec 2023 monthly Jan 2007 - Dec 2023
Imports (NGN mn) 2,429,185.197 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Crude Oil (NGN mn) 3,404,818.113 Dec 2023 monthly Jan 2003 - Dec 2023
Total Trade (NGN mn) 6,865,948.584 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Growth Rate: MoM (%) -14.880 Mar 2024 monthly Jan 2019 - Mar 2024
Exports: Growth Rate: MoM (%) -5.925 Mar 2024 monthly Jan 2019 - Mar 2024
Exports: Europe: ow Netherlands (NGN mn) 523,568.988 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: America: ow USA (NGN mn) 299,453.208 Dec 2023 monthly Jan 2003 - Dec 2023
Exports (NGN mn) 4,284,566.609 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow UK (NGN mn) 93,037.938 Dec 2023 monthly Jan 2003 - Dec 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 Netherlands (NGN mn) 158,090.619 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: America: ow USA (NGN mn) 159,407.643 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Asia: ow China (NGN mn) 631,502.155 Dec 2023 monthly Jan 2007 - Dec 2023
Imports: Chemicals and Chemical Products (NGN mn) 385,751.608 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 810,486.908 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Food and Live Animals (NGN mn) 364,417.505 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 44.0 Sep 2023 quarterly Mar 2008 - Sep 2023
Current Account Balance (USD mn) 1,545.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Current Account Balance: % of GDP (%) 1.9 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.1 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment (USD mn) 2,876.923 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 3.6 Sep 2023 quarterly Mar 2010 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 270.9 Sep 2023 quarterly Mar 2008 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 2,606.059 Sep 2023 quarterly Mar 2008 - Sep 2023
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
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) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -90,273.874 2022 yearly 2005 - 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 15,118.350 Dec 2023 quarterly Mar 2011 - Dec 2023
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 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) 25,433.454 Apr 2024 monthly Nov 1992 - Apr 2024
Money Supply M2 (USD mn) 72,921.079 Apr 2024 monthly Nov 1992 - Apr 2024
M2 Growth (%) 74.2 Apr 2024 monthly Nov 1993 - Apr 2024
Reserve Requirement Ratio (%) 45.0 May 2024 monthly Nov 2005 - May 2024
Foreign Exchange Reserves (USD mn) 33,217.6 Dec 2023 monthly Jan 1960 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 8.942 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 11.6 Dec 2023 monthly Jan 2003 - Dec 2023
Gold Reserves (USD mn) 1,485.381 Dec 2023 monthly Dec 1950 - Dec 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) 69,859.2 Apr 2024 monthly Nov 1992 - Apr 2024
Domestic Credit Growth (%) 24.8 Apr 2024 monthly Nov 1993 - Apr 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: Base Money (NGN mn) 24,387,924.330 Apr 2024 monthly Jan 1993 - Apr 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 33,818,990.810 Apr 2024 monthly Nov 1992 - Apr 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 63,144,533.150 Apr 2024 monthly Nov 1992 - Apr 2024
Monetary Survey: Liabilities: M2 (NGN mn) 96,963,523.960 Apr 2024 monthly Nov 1992 - Apr 2024
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) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023

More Indicators for Nigeria

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