Nigeria vs Tanzania, United Republic of: Broad money
Broad money over time
- Nigeria
- Tanzania, United Republic of
How they compare
Nigeria currently reports 25.1% against 23.4% in Tanzania, United Republic of, a difference of 1.7%.
That makes Nigeria's figure about 1.1 times Tanzania, United Republic of's.
The two have swapped places 14 times across 58 shared years of data; in 1966 it was Nigeria ahead.
Nigeria ranks 152nd and Tanzania, United Republic of ranks 153rd of 167 countries.
Across the 7 decades both report, Nigeria averaged higher in 3 and Tanzania, United Republic of in 4.
Head to head by decade
| Decade | Nigeria | Tanzania, United Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.9% | 4.9% | 8.0% | Nigeria |
| 1970s | 16.0% | 13.0% | 3.1% | Nigeria |
| 1980s | 13.4% | 15.8% | 2.3% | Tanzania, United Republic of |
| 1990s | 12.3% | 14.8% | 2.5% | Tanzania, United Republic of |
| 2000s | 16.0% | 19.2% | 3.1% | Tanzania, United Republic of |
| 2010s | 23.4% | 22.3% | 1.1% | Nigeria |
| 2020s | 20.1% | 21.6% | 1.5% | Tanzania, United Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, Nigeria or Tanzania, United Republic of?
- Nigeria, at 25.1% against 23.4% in Tanzania, United Republic of as of 2023.
- What is the difference in broad money between Nigeria and Tanzania, United Republic of?
- 1.7%, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Tanzania, United Republic of?
- 58 years are reported by both, from 1966 to 2023.
- How do Nigeria and Tanzania, United Republic of rank globally for broad money?
- Nigeria ranks 152nd and Tanzania, United Republic of ranks 153rd of 167 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.