Guinea vs Nigeria: Broad money
Broad money over time
- Guinea
- Nigeria
How they compare
Nigeria currently reports 78.76 trillion current LCU against 64.59 trillion current LCU in Guinea, a difference of 14.18 trillion current LCU.
That makes Nigeria's figure about 1.2 times Guinea's.
The two have swapped places 3 times across 32 shared years of data; in 1991 it was Guinea ahead.
Guinea ranks 19th and Nigeria ranks 16th of 166 countries.
Across the 4 decades both report, Guinea averaged higher in 1 and Nigeria in 3.
Head to head by decade
| Decade | Guinea | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 329.25 billion current LCU | 289.76 billion current LCU | 39.49 billion current LCU | Guinea |
| 2000s | 2.43 trillion current LCU | 4.11 trillion current LCU | 1.68 trillion current LCU | Nigeria |
| 2010s | 17.03 trillion current LCU | 23.04 trillion current LCU | 6.01 trillion current LCU | Nigeria |
| 2020s | 41.96 trillion current LCU | 53.57 trillion current LCU | 11.62 trillion current LCU | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Guinea or Nigeria?
- Nigeria, at 78.76 trillion current LCU against 64.59 trillion current LCU in Guinea as of 2023.
- What is the difference in broad money between Guinea and Nigeria?
- 14.18 trillion current LCU, with Nigeria ahead.
- How many years of comparable data are there for Guinea and Nigeria?
- 32 years are reported by both, from 1991 to 2023.
- How do Guinea and Nigeria rank globally for broad money?
- Guinea ranks 19th and Nigeria ranks 16th of 166 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.