Nigeria vs Somalia: Broad money (current LCU), annual growth rate

Nigeria
50.92 % change on previous year
in 2023
Somalia
162.81 % change on previous year
in 1989
Nigeria rank
5th
Somalia rank
2nd

Broad money (current LCU), annual growth rate over time

  • Nigeria
  • Somalia
050100150196119922023

How they compare

Somalia currently reports 162.81 % change on previous year against 50.92 % change on previous year in Nigeria, a difference of 111.89 % change on previous year.

That makes Somalia's figure about 3.2 times Nigeria's.

The two have swapped places 10 times across 29 shared years of data; in 1961 it was Somalia ahead.

Nigeria ranks 5th and Somalia ranks 2nd of 166 countries.

Across the 3 decades both report, Nigeria averaged higher in 1 and Somalia in 2.

Head to head by decade

Decade Nigeria Somalia Difference Ahead
1960s 10.71 % change on previous year 14.26 % change on previous year 3.55 % change on previous year Somalia
1970s 33.33 % change on previous year 25.12 % change on previous year 8.2 % change on previous year Nigeria
1980s 16.64 % change on previous year 56.26 % change on previous year 39.62 % change on previous year Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher broad money (current lcu), annual growth rate, Nigeria or Somalia?
Somalia, at 162.81 % change on previous year against 50.92 % change on previous year in Nigeria as of 1989.
What is the difference in broad money (current lcu), annual growth rate between Nigeria and Somalia?
111.89 % change on previous year, with Somalia ahead.
How many years of comparable data are there for Nigeria and Somalia?
29 years are reported by both, from 1961 to 1989.
How do Nigeria and Somalia rank globally for broad money (current lcu), annual growth rate?
Nigeria ranks 5th and Somalia ranks 2nd of 166 countries.
Where does this data come from?
Statizoid (derived), published as Broad money (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Somalia: Broad money (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://financial-sector.statizoid.com/compare/broad-money-current-lcu-annual-growth-rate/nigeria/somalia-fed-rep/

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About this data

Indicator
Broad money (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 8,312 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.