India vs Nigeria: Broad money
Broad money over time
- India
- Nigeria
How they compare
India currently reports 193.74 trillion current LCU against 78.76 trillion current LCU in Nigeria, a difference of 114.98 trillion current LCU.
That makes India's figure about 2.5 times Nigeria's.
Across all 62 years both countries report, India has been ahead every year.
India ranks 13th and Nigeria ranks 16th of 166 countries.
India has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | India | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 58.97 billion current LCU | 432.83 million current LCU | 58.53 billion current LCU | India |
| 1970s | 227.48 billion current LCU | 4.20 billion current LCU | 223.28 billion current LCU | India |
| 1980s | 1.15 trillion current LCU | 24.40 billion current LCU | 1.13 trillion current LCU | India |
| 1990s | 5.50 trillion current LCU | 307.53 billion current LCU | 5.19 trillion current LCU | India |
| 2000s | 26.01 trillion current LCU | 4.11 trillion current LCU | 21.90 trillion current LCU | India |
| 2010s | 103.33 trillion current LCU | 23.04 trillion current LCU | 80.29 trillion current LCU | India |
| 2020s | 183.91 trillion current LCU | 41.67 trillion current LCU | 142.23 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, India or Nigeria?
- India, at 193.74 trillion current LCU against 78.76 trillion current LCU in Nigeria as of 2021.
- What is the difference in broad money between India and Nigeria?
- 114.98 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Nigeria?
- 62 years are reported by both, from 1960 to 2021.
- How do India and Nigeria rank globally for broad money?
- India ranks 13th 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.