Nigeria Foreign Reserves: Annual
Foreign Exchange Reserves: Months of Import
Foreign Exchange Reserves: Months of Import data was reported at 0.743 Unit in 2016. This records an increase from the previous number of 0.506 Unit for 2015. Foreign Exchange Reserves: Months of Import data is updated yearly, averaging 0.767 Unit from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 1.750 Unit in 2006 and a record low of 0.459 Unit in 2003. Foreign Exchange Reserves: Months of Import data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.GEM: Foreign Reserves: Annual. The stock of international reserves is expressed as the number of months of financing-coverage it represents for the given country's imports of merchandise goods.
| Last | Frequency | Range |
|---|---|---|
| 0.743 2016 | yearly | 2000 - 2016 |
View Nigeria's Foreign Exchange Reserves: Months of Import from 2000 to 2016 in the chart:
Total Reserves
Total Reserves data was reported at 27.265 USD bn in 2016. This records a decrease from the previous number of 28.317 USD bn for 2015. Total Reserves data is updated yearly, averaging 34.956 USD bn from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 53.039 USD bn in 2008 and a record low of 7.164 USD bn in 2003. Total Reserves data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank.GEM: Foreign Reserves: Annual. Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities.
| Last | Frequency | Range |
|---|---|---|
| 27,265.289 2016 | yearly | 2000 - 2016 |