Nigeria vs South Africa: Assets, Claims on State and Local Governments (OFCS)

Nigeria
370.48 billion
in 2025
South Africa
35.35 billion
in 2024
Nigeria rank
5th
South Africa rank
8th

Assets, Claims on State and Local Governments (OFCS) over time

  • Nigeria
  • South Africa
0100.0B200.0B300.0B400.0B200120132025

How they compare

Nigeria currently reports 370.48 billion against 35.35 billion in South Africa, a difference of 335.13 billion.

That makes Nigeria's figure about 10.5 times South Africa's.

Across all 8 years both countries report, Nigeria has been ahead every year.

Nigeria ranks 5th and South Africa ranks 8th of 66 countries.

Nigeria has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nigeria South Africa Difference Ahead
2010s 135.33 billion 27.39 billion 107.94 billion Nigeria
2020s 199.06 billion 37.36 billion 161.69 billion Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher assets, claims on state and local governments (ofcs), Nigeria or South Africa?
Nigeria, at 370.48 billion against 35.35 billion in South Africa as of 2025.
What is the difference in assets, claims on state and local governments (ofcs) between Nigeria and South Africa?
335.13 billion, with Nigeria ahead.
How many years of comparable data are there for Nigeria and South Africa?
8 years are reported by both, from 2017 to 2024.
How do Nigeria and South Africa rank globally for assets, claims on state and local governments (ofcs)?
Nigeria ranks 5th and South Africa ranks 8th of 66 countries.
Where does this data come from?
International Monetary Fund, published as Assets, Claims on State and Local Governments (OFCS) (Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs South Africa: Assets, Claims on State and Local Governments (OFCS). Statizoid, drawing on International Monetary Fund. Retrieved 15 September 2026, from https://financial-sector.statizoid.com/compare/assets-claims-on-state-and-local-governments-ofcs-domestic-currency/nigeria/south-africa/

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About this data

Indicator
Assets, Claims on State and Local Governments (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
66 places, 1,140 data points, 2001–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.