Malawi vs Nigeria: Broad money growth
Broad money growth over time
- Malawi
- Nigeria
How they compare
Nigeria currently reports 50.9% against 45.1% in Malawi, a difference of 5.8%.
That makes Nigeria's figure about 1.1 times Malawi's.
The two have swapped places 27 times across 58 shared years of data; in 1966 it was Malawi ahead.
Malawi ranks 8th and Nigeria ranks 6th of 166 countries.
Across the 7 decades both report, Malawi averaged higher in 4 and Nigeria in 3.
Head to head by decade
| Decade | Malawi | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.7% | 10.1% | 2.7% | Malawi |
| 1970s | 16.2% | 33.3% | 17.1% | Nigeria |
| 1980s | 18.2% | 16.6% | 1.6% | Malawi |
| 1990s | 32.3% | 32.9% | 0.6% | Nigeria |
| 2000s | 30.6% | 33.1% | 2.6% | Nigeria |
| 2010s | 22.8% | 12.8% | 10.0% | Malawi |
| 2020s | 29.5% | 23.6% | 5.9% | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money growth, Malawi or Nigeria?
- Nigeria, at 50.9% against 45.1% in Malawi as of 2023.
- What is the difference in broad money growth between Malawi and Nigeria?
- 5.8%, with Nigeria ahead.
- How many years of comparable data are there for Malawi and Nigeria?
- 58 years are reported by both, from 1966 to 2023.
- How do Malawi and Nigeria rank globally for broad money growth?
- Malawi ranks 8th and Nigeria ranks 6th of 166 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.