Nigeria vs Paraguay: Broad money
Broad money over time
- Nigeria
- Paraguay
How they compare
Paraguay currently reports 176.77 trillion current LCU against 78.76 trillion current LCU in Nigeria, a difference of 98.01 trillion current LCU.
That makes Paraguay's figure about 2.2 times Nigeria's.
Across all 64 years both countries report, Paraguay has been ahead every year.
Nigeria ranks 16th and Paraguay ranks 14th of 166 countries.
Paraguay has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Nigeria | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 432.83 million current LCU | 6.97 billion current LCU | 6.54 billion current LCU | Paraguay |
| 1970s | 4.20 billion current LCU | 42.02 billion current LCU | 37.83 billion current LCU | Paraguay |
| 1980s | 24.40 billion current LCU | 350.73 billion current LCU | 326.33 billion current LCU | Paraguay |
| 1990s | 307.53 billion current LCU | 4.35 trillion current LCU | 4.04 trillion current LCU | Paraguay |
| 2000s | 4.11 trillion current LCU | 15.78 trillion current LCU | 11.67 trillion current LCU | Paraguay |
| 2010s | 23.04 trillion current LCU | 72.80 trillion current LCU | 49.77 trillion current LCU | Paraguay |
| 2020s | 53.57 trillion current LCU | 144.17 trillion current LCU | 90.60 trillion current LCU | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Nigeria or Paraguay?
- Paraguay, at 176.77 trillion current LCU against 78.76 trillion current LCU in Nigeria as of 2024.
- What is the difference in broad money between Nigeria and Paraguay?
- 98.01 trillion current LCU, with Paraguay ahead.
- How many years of comparable data are there for Nigeria and Paraguay?
- 64 years are reported by both, from 1960 to 2023.
- How do Nigeria and Paraguay rank globally for broad money?
- Nigeria ranks 16th and Paraguay ranks 14th 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.