Iraq vs Nigeria: Net domestic credit
Net domestic credit over time
- Iraq
- Nigeria
How they compare
Iraq currently reports 78.52 trillion current LCU against 66.12 trillion current LCU in Nigeria, a difference of 12.40 trillion current LCU.
That makes Iraq's figure about 1.2 times Nigeria's.
The two have swapped places 8 times across 36 shared years of data; in 1960 it was Nigeria ahead.
Iraq ranks 16th and Nigeria ranks 18th of 186 countries.
Across the 5 decades both report, Iraq averaged higher in 1 and Nigeria in 4.
Head to head by decade
| Decade | Iraq | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 142.44 million current LCU | 371.38 million current LCU | 228.94 million current LCU | Nigeria |
| 1970s | 175.26 million current LCU | 1.21 billion current LCU | 1.03 billion current LCU | Nigeria |
| 2000s | -8.54 trillion current LCU | 3.70 trillion current LCU | 12.24 trillion current LCU | Nigeria |
| 2010s | 13.04 trillion current LCU | 21.29 trillion current LCU | 8.24 trillion current LCU | Nigeria |
| 2020s | 54.75 trillion current LCU | 52.06 trillion current LCU | 2.68 trillion current LCU | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net domestic credit, Iraq or Nigeria?
- Iraq, at 78.52 trillion current LCU against 66.12 trillion current LCU in Nigeria as of 2024.
- What is the difference in net domestic credit between Iraq and Nigeria?
- 12.40 trillion current LCU, with Iraq ahead.
- How many years of comparable data are there for Iraq and Nigeria?
- 36 years are reported by both, from 1960 to 2022.
- How do Iraq and Nigeria rank globally for net domestic credit?
- Iraq ranks 16th and Nigeria ranks 18th of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net domestic credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.