Nigeria Money Supply M2

1990 - 2026 | Monthly | USD mn | CEIC Data

Key information about Nigeria Money Supply M2

  • Nigeria Money Supply M2 was reported at 88.997 USD bn in Jan 2026
  • This records an increase from the previous number of 86.674 USD bn for Dec 2025
  • Nigeria Money Supply M2 data is updated monthly, averaging 60.341 USD bn from Apr 1990 to Jan 2026, with 430 observations
  • The data reached an all-time high of 120.895 USD bn in Apr 2023 and a record low of 34.295 USD mn in Apr 1990
  • Nigeria Money Supply M2 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 M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. The Central Bank of Nigeria provides Money Supply M2 in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.

View Nigeria's Money Supply M2 from Apr 1990 to Jan 2026 in the chart:

Nigeria Money Supply M2

What was Nigeria's Money Supply M2 in Jan 2026?

Nigeria Money Supply M2 was reported at 88.997 USD bn in Jan 2026 See the table below for more data.

Last Previous Min Max Unit Frequency Range
88,997.123 Jan 2026 86,674.495 Dec 2025 34.295 Apr 1990 120,895.363 Apr 2023 USD mn monthly Apr 1990 - Jan 2026

Money Supply M2 by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 15,019.141 Jan 2026 monthly Dec 1993 - Jan 2026
Algeria (USD mn) 195,557.643 Dec 2024 monthly Jan 2001 - Dec 2024
Argentina (USD mn) 86,693.005 Jan 2026 monthly Jan 1990 - Jan 2026
Armenia (USD mn) 12,981.596 Dec 2025 monthly Jan 2002 - Dec 2025
Australia (USD mn) 2,354,703.061 Jan 2026 monthly Mar 1965 - Jan 2026
Austria (USD mn) 548,539.101 Jan 2026 monthly Sep 1997 - Jan 2026
Azerbaijan (USD mn) 22,534.527 Jan 2026 monthly Dec 1995 - Jan 2026
Bahrain (USD mn) 38,809.990 Jan 2026 monthly Dec 1974 - Jan 2026
Bangladesh (USD mn) 183,943.433 Jan 2026 monthly Jun 1986 - Jan 2026
Belarus (USD mn) 23,820.512 Feb 2026 monthly Nov 1993 - Feb 2026
Belgium (USD mn) 811,626.649 Jan 2026 monthly Dec 1996 - Jan 2026
Bolivia (USD mn) 29,409.928 Jan 2026 monthly Dec 1987 - Jan 2026
Bosnia and Herzegovina (USD mn) 26,032.841 Jan 2026 monthly Aug 1997 - Jan 2026
Botswana (USD mn) 8,971.167 Nov 2025 monthly Jan 2001 - Nov 2025
Brazil (USD mn) 1,335,249.450 Oct 2025 monthly Feb 1986 - Oct 2025
Brunei (USD mn) 13,578.791 Nov 2025 monthly Jan 1999 - Nov 2025
Bulgaria (USD mn) 121,840.171 Jan 2026 monthly Dec 1995 - Jan 2026
Cambodia (USD mn) 64,204.337 Jan 2026 monthly Jan 1995 - Jan 2026
Canada (USD mn) 2,026,929.697 Dec 2025 monthly Jan 1968 - Dec 2025
Chile (USD mn) 230,007.424 Feb 2026 monthly Jan 1986 - Feb 2026
China (USD mn) 47,147,450.485 Sep 2025 monthly Jan 1997 - Sep 2025
Colombia (USD mn) 231,141.595 Oct 2025 monthly Dec 1979 - Oct 2025
Croatia (USD mn) 87,035.635 Jan 2026 monthly Jun 1994 - Jan 2026
Czech Republic (USD mn) 345,590.254 Jan 2026 monthly Jan 2002 - Jan 2026
Denmark (USD mn) 296,470.964 Jan 2026 monthly Jan 1991 - Jan 2026
Ecuador (USD mn) 98,731.828 Nov 2025 monthly Dec 2006 - Nov 2025
Egypt (USD mn) 300,193.139 Jan 2026 monthly Jan 1996 - Jan 2026
Estonia (USD mn) 35,759.588 Jan 2026 monthly Jan 1993 - Jan 2026
European Union (USD mn) 19,259,297.802 Jan 2026 monthly Jan 1999 - Jan 2026
Finland (USD mn) 199,422.320 Jan 2026 monthly Jan 1980 - Jan 2026
France (USD mn) 3,616,008.867 Jan 2026 monthly Dec 1977 - Jan 2026
Georgia (USD mn) 12,590.813 Jan 2026 monthly Oct 1995 - Jan 2026
Germany (USD mn) 4,801,896.542 Jan 2026 monthly Jan 1969 - Jan 2026
Ghana (USD mn) 25,721.726 Jun 2025 quarterly Mar 1990 - Jun 2025
Greece (USD mn) 307,451.901 Dec 2025 monthly Jan 2001 - Dec 2025
Hong Kong SAR, China (USD mn) 2,637,954.360 Jan 2026 monthly Dec 1980 - Jan 2026
Hungary (USD mn) 144,774.926 Jan 2026 monthly Jan 1998 - Jan 2026
Iceland (USD mn) 18,833.967 Jan 2026 monthly Sep 1986 - Jan 2026
India (USD mn) 844,846.616 Dec 2025 monthly Mar 1994 - Dec 2025
Indonesia (USD mn) 602,752.525 Jan 2026 monthly Feb 1968 - Jan 2026
Iran (USD mn) 211,676.492 Sep 2025 monthly Dec 1999 - Sep 2025
Ireland (USD mn) 451,311.402 Dec 2025 monthly Jan 1999 - Dec 2025
Israel (USD mn) 468,549.629 Dec 2025 monthly Apr 1981 - Dec 2025
Italy (USD mn) 2,631,975.913 Jan 2026 monthly Dec 1974 - Jan 2026
Ivory Coast (USD mn) 43,938.924 Dec 2025 monthly Jan 2004 - Dec 2025
Japan (USD mn) 10,424,172.606 Jan 2026 monthly Jan 1957 - Jan 2026
Jordan (USD mn) 67,904.627 Jan 2026 monthly Jan 1990 - Jan 2026
Kazakhstan (USD mn) 87,973.201 Feb 2026 monthly Dec 1993 - Feb 2026
Kenya (USD mn) 41,709.013 Dec 2025 monthly Dec 1995 - Dec 2025
South Korea (USD mn) 2,828,698.174 Jan 2026 monthly Jan 1970 - Jan 2026
Kuwait (USD mn) 138,408.532 Jan 2026 monthly Jan 1994 - Jan 2026
Kyrgyzstan (USD mn) 8,619.179 Dec 2025 monthly Jan 1994 - Dec 2025
Laos (USD mn) 16,240.862 Sep 2025 quarterly Dec 1999 - Sep 2025
Latvia (USD mn) 27,549.549 Jan 2026 monthly Jul 2003 - Jan 2026
Lebanon (USD mn) 1,641.707 Nov 2025 monthly Dec 1979 - Nov 2025
Lithuania (USD mn) 74,168.224 Jan 2026 monthly Dec 1993 - Jan 2026
Luxembourg (USD mn) 496,079.899 Jan 2026 monthly Jan 1999 - Jan 2026
Macau SAR, China (USD mn) 106,857.763 Jan 2026 monthly Jun 1984 - Jan 2026
North Macedonia (USD mn) 10,952.308 Jan 2026 monthly Jan 2003 - Jan 2026
Malawi (USD mn) 4,195.127 Nov 2025 monthly Jan 1975 - Nov 2025
Malaysia (USD mn) 652,921.535 Jan 2026 monthly Dec 1969 - Jan 2026
Malta (USD mn) 35,972.924 Jan 2026 monthly Jan 1992 - Jan 2026
Mauritius (USD mn) 22,634.872 Dec 2025 monthly Jul 1976 - Dec 2025
Mexico (USD mn) 862,760.049 Oct 2025 monthly Dec 1985 - Oct 2025
Moldova (USD mn) 8,534.790 Jan 2026 monthly Jan 2000 - Jan 2026
Mongolia (USD mn) 13,123.515 Jan 2026 monthly Dec 1996 - Jan 2026
Morocco (USD mn) 193,370.534 Jan 2026 monthly Jan 1985 - Jan 2026
Mozambique (USD mn) 13,310.815 Dec 2025 monthly Dec 2001 - Dec 2025
Myanmar (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 57,266.142 Feb 2026 monthly Jan 2001 - Feb 2026
Netherlands (USD mn) 1,386,473.197 Jan 2026 monthly Jan 1957 - Jan 2026
New Zealand (USD mn) 267,163.748 Jan 2026 monthly Mar 1988 - Jan 2026
Nigeria (USD mn) 88,997.123 Jan 2026 monthly Apr 1990 - Jan 2026
Norway (USD mn) 361,681.717 Jan 2026 monthly Dec 1992 - Jan 2026
Oman (USD mn) 68,701.170 Nov 2025 monthly Jan 1999 - Nov 2025
Pakistan (USD mn) 148,599.023 Jan 2026 monthly Jan 1988 - Jan 2026
Palestinian Territory (USD mn) 20,698.932 Jan 2026 monthly Jul 2002 - Jan 2026
Panama (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
Paraguay (USD mn) 14,305.490 Jan 2026 monthly Dec 1988 - Jan 2026
Peru (USD mn) 164,440.982 Jan 2026 monthly Jan 1992 - Jan 2026
Philippines (USD mn) 327,357.063 Jan 2026 monthly Dec 1988 - Jan 2026
Poland (USD mn) 763,122.851 Jan 2026 monthly Dec 1996 - Jan 2026
Portugal (USD mn) 367,819.760 Jan 2026 monthly Dec 1979 - Jan 2026
Qatar (USD mn) 204,230.412 Dec 2025 monthly Jan 1982 - Dec 2025
Romania (USD mn) 183,716.026 Jan 2026 monthly Dec 2001 - Jan 2026
Russia (USD mn) 1,688,385.598 Jan 2026 monthly Jun 1992 - Jan 2026
Saudi Arabia (USD mn) 766,966.167 Jan 2026 monthly Jan 1993 - Jan 2026
Serbia (USD mn) 27,786.706 Jan 2026 monthly Aug 2001 - Jan 2026
Singapore (USD mn) 1,125,523.290 Jan 2026 monthly Mar 2004 - Jan 2026
Slovakia (USD mn) 112,879.915 Jan 2026 monthly Dec 2000 - Jan 2026
Slovenia (USD mn) 59,394.099 Jan 2026 monthly Jan 1994 - Jan 2026
South Africa (USD mn) 298,602.031 Jan 2026 monthly Mar 1965 - Jan 2026
Spain (USD mn) 1,959,349.212 Jan 2026 monthly Jan 1962 - Jan 2026
Sri Lanka (USD mn) 45,923.291 Jan 2026 monthly Jan 1994 - Jan 2026
Sudan (USD mn) 8,545.354 Mar 2022 monthly Dec 2003 - Mar 2022
Sweden (USD mn) 580,504.959 Jan 2026 monthly Jan 1998 - Jan 2026
Switzerland (USD mn) 1,429,718.547 Jan 2026 monthly Dec 1984 - Jan 2026
Syria (USD mn) 33,769.510 Dec 2011 monthly Dec 1994 - Dec 2011
Taiwan, China (USD mn) 2,151,958.267 Jan 2026 monthly Jan 1992 - Jan 2026
Tajikistan (USD mn) 6,162.756 Jan 2026 monthly Dec 2000 - Jan 2026

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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) 101,223.7 Sep 2025 quarterly Dec 2006 - Sep 2025
Government Debt: % of GDP (%) 36.2 Sep 2025 quarterly Dec 2010 - Sep 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
Gross Federation Account Revenue: Oil (NGN bn) 3,518.110 Sep 2025 quarterly Mar 2005 - Sep 2025
Gross Federation Account Revenue (NGN bn) 11,925.570 Sep 2025 quarterly Mar 2005 - Sep 2025
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
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 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) 245.1 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports (USD mn) 4,367.5 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports Growth (%) -9.2 Dec 2025 monthly Jan 2004 - Dec 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 (%) 9.9 Dec 2025 monthly Jan 2004 - Dec 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) 162.467 Dec 2025 monthly Jan 2003 - Dec 2025
Total Imports from USA (USD mn) 309.728 Dec 2025 monthly Dec 2009 - Dec 2025
Total Exports to China (USD mn) 157.315 Dec 2025 monthly Jan 2007 - Dec 2025
Total Imports from China (USD mn) 1,415.075 Dec 2025 monthly Jan 2007 - Dec 2025
Exports: Vegetable Products (NGN mn) 1,539,822.759 2025 yearly 2003 - 2025
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 244,171.194 2025 yearly 2003 - 2025
Exports: Mineral Products (NGN mn) 73,459,088.314 2025 yearly 2003 - 2025
Exports: America: ow USA (NGN mn) 235,634.548 Dec 2025 monthly Jan 2003 - Dec 2025
Exports (NGN mn) 6,334,358.836 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow Netherlands (NGN mn) 663,947.498 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow UK (NGN mn) 47,516.769 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Food and Live Animals (NGN mn) 850,483.714 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,191,103.588 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Chemicals and Chemical Products (NGN mn) 999,721.947 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Machinery and Transport Equipment (NGN mn) 1,929,321.105 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Manufactured Goods (NGN mn) 621,984.130 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow Germany (NGN mn) 145,581.678 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: America: ow USA (NGN mn) 449,215.349 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Asia: ow China (NGN mn) 2,052,359.077 Dec 2025 monthly Jan 2007 - Dec 2025
Imports: Europe: ow Netherlands (NGN mn) 446,202.327 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow UK (NGN mn) 302,058.111 Dec 2025 monthly Jan 2003 - Dec 2025
Imports (NGN mn) 5,978,855.607 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Crude Oil (NGN mn) 3,256,138.155 Dec 2025 monthly Jan 2003 - Dec 2025
Total Trade (NGN mn) 12,313,214.443 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Growth Rate: MoM (%) 14.404 Dec 2025 monthly Jan 2019 - Dec 2025
Exports: Growth Rate: MoM (%) 3.151 Dec 2025 monthly Jan 2019 - Dec 2025
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) -164.4 Sep 2025 quarterly Mar 2008 - Sep 2025
Current Account Balance (USD mn) 3,416.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment (USD mn) 718.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.0 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,512.415 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.4 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 402.5 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,109.957 Sep 2025 quarterly Mar 2008 - Sep 2025
External Debt (USD mn) 48,462.9 Sep 2025 quarterly Dec 2006 - Sep 2025
External Debt: % of GDP (%) 11.9 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,513.7 2022 yearly 2008 - 2022
External Debt: Short Term: % of GDP (%) 0.2 2022 yearly 2008 - 2022
Forecast: Current Account Balance (USD bn) 5.732 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,546.495 2024 yearly 2005 - 2024
External Debt: Government (USD mn) 48,462.930 Sep 2025 quarterly Dec 2006 - Sep 2025
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 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) 30,541.947 Jan 2026 monthly Apr 1990 - Jan 2026
Money Supply M2 (USD mn) 88,997.123 Jan 2026 monthly Apr 1990 - Jan 2026
M2 Growth (%) 11.0 Jan 2026 monthly Apr 1991 - Jan 2026
Reserve Requirement Ratio (%) 45.0 Jan 2026 monthly Nov 2005 - Jan 2026
Foreign Exchange Reserves (USD mn) 42,772.1 Sep 2025 monthly Jan 1960 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 16.154 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 12.7 Sep 2025 monthly Jan 2003 - Sep 2025
Gold Reserves (USD mn) 2,660.953 Sep 2025 monthly Dec 1950 - Sep 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) 78,949.7 Jan 2026 monthly Apr 1990 - Jan 2026
Domestic Credit Growth (%) 6.9 Jan 2026 monthly Apr 1991 - Jan 2026
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 35,990,427.220 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2 (NGN mn) 123,354,746.700 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2: M1 (NGN mn) 42,332,762.940 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 81,021,983.730 Jan 2026 monthly Apr 1990 - Jan 2026
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.760 Jun 2025 semiannually Dec 2003 - Jun 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 12.0 Jan 2026 monthly Jul 2015 - Jan 2026

More Indicators for Nigeria

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