Assets, Claims on State and Local Governments (OFCS) in Nigeria
Nigeria: Assets, Claims on State and Local Governments (OFCS) was 370.48 billion in 2025. ▲ Rising
Assets, Claims on State and Local Governments (OFCS) in Nigeria, 2017–2025
Source: International Monetary Fund.
Analysis
Nigeria recorded 370.48 billion for assets, claims on state and local governments (ofcs) in 2025. That is the highest value across all 9 years on record.
That represents a change of up 47.7% on the previous year and up 143.4% over ten years.
Over the whole period, assets, claims on state and local governments (ofcs) in Nigeria peaked at 370.48 billion in 2025 and was at its lowest, 115.06 billion, in 2019.
That places Nigeria 5th out of 66 countries with data for 2025, putting it in the top 10%.
Assets, Claims on State and Local Governments (OFCS) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 152.21 billion | — |
| 2018 | 138.71 billion | -8.9% |
| 2019 | 115.06 billion | -17.0% |
| 2020 | 136.59 billion | +18.7% |
| 2021 | 170.33 billion | +24.7% |
| 2022 | 166.14 billion | -2.5% |
| 2023 | 271.36 billion | +63.3% |
| 2024 | 250.85 billion | -7.6% |
| 2025 | 370.48 billion | +47.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 135.33 billion | 115.06 billion | 152.21 billion | 3 |
| 2020s | 227.63 billion | 136.59 billion | 370.48 billion | 6 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.01 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.7387 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.01 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is assets, claims on state and local governments (ofcs) in Nigeria?
- Assets, claims on state and local governments (ofcs) in Nigeria was 370.48 billion in 2025, according to International Monetary Fund.
- What is the highest assets, claims on state and local governments (ofcs) recorded in Nigeria?
- The highest recorded value was 370.48 billion in 2025.
- What is the lowest assets, claims on state and local governments (ofcs) recorded in Nigeria?
- The lowest recorded value was 115.06 billion in 2019.
- How does Nigeria rank for assets, claims on state and local governments (ofcs)?
- Nigeria ranks 5th out of 66 countries with data for 2025.
- Is assets, claims on state and local governments (ofcs) rising or falling in Nigeria?
- Over the last ten years it is up 143.4%. The long-run trend across the full record is rising.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on State and Local Governments (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.