Broad money (current LCU), per capita in Nigeria
Nigeria: Broad money (current LCU), per capita was 345,625 current LCU per person in 2023. ◆ Volatile
Latest (2023)
345,625 current LCU per person
Change on year
up 47.8%
World rank
54th
of 166 countries
All-time high
345,625 current LCU per person
in 2023
All-time low
6.13 current LCU per person
in 1960
Years of data
64
1960–2023
Broad money (current LCU), per capita in Nigeria, 1960–2023
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for broad money (current lcu), per capita in Nigeria is 345,625 current LCU per person, measured in 2023. That is the highest value across all 64 years on record.
The figure is up 47.8% on the previous year and up 203.5% over ten years.
Over the whole period, broad money (current lcu), per capita in Nigeria peaked at 345,625 current LCU per person in 2023 and was at its lowest, 6.13 current LCU per person, in 1960.
Nigeria ranks 54th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), per capita in Nigeria, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1960 | 6.13 current LCU per person | — |
| 1961 | 6.52 current LCU per person | +6.5% |
| 1962 | 7.09 current LCU per person | +8.6% |
| 1963 | 7.54 current LCU per person | +6.4% |
| 1964 | 8.79 current LCU per person | +16.6% |
| 1965 | 9.35 current LCU per person | +6.4% |
| 1966 | 10.15 current LCU per person | +8.6% |
| 1967 | 8.68 current LCU per person | -14.5% |
| 1968 | 9.77 current LCU per person | +12.5% |
| 1969 | 12.13 current LCU per person | +24.1% |
| 1970 | 17.52 current LCU per person | +44.5% |
| 1971 | 18.21 current LCU per person | +3.9% |
| 1972 | 20.55 current LCU per person | +12.8% |
| 1973 | 22.8 current LCU per person | +11.0% |
| 1974 | 42.03 current LCU per person | +84.3% |
| 1975 | 63.63 current LCU per person | +51.4% |
| 1976 | 87.46 current LCU per person | +37.4% |
| 1977 | 114.16 current LCU per person | +30.5% |
| 1978 | 108.49 current LCU per person | -5.0% |
| 1979 | 137.75 current LCU per person | +27.0% |
| 1980 | 195.08 current LCU per person | +41.6% |
| 1981 | 200.33 current LCU per person | +2.7% |
| 1982 | 212.99 current LCU per person | +6.3% |
| 1983 | 236.63 current LCU per person | +11.1% |
| 1984 | 257.4 current LCU per person | +8.8% |
| 1985 | 272.71 current LCU per person | +5.9% |
| 1986 | 270.59 current LCU per person | -0.8% |
| 1987 | 322.52 current LCU per person | +19.2% |
| 1988 | 417.36 current LCU per person | +29.4% |
| 1989 | 458.8 current LCU per person | +9.9% |
| 1990 | 592.6 current LCU per person | +29.2% |
| 1991 | 792.89 current LCU per person | +33.8% |
| 1992 | 1,261 current LCU per person | +59.0% |
| 1993 | 1,888 current LCU per person | +49.7% |
| 1994 | 2,473 current LCU per person | +31.0% |
| 1995 | 2,876 current LCU per person | +16.3% |
| 1996 | 3,256 current LCU per person | +13.2% |
| 1997 | 3,681 current LCU per person | +13.1% |
| 1998 | 4,386 current LCU per person | +19.2% |
| 1999 | 5,687 current LCU per person | +29.7% |
| 2000 | 8,198 current LCU per person | +44.2% |
| 2001 | 10,083 current LCU per person | +23.0% |
| 2002 | 11,656 current LCU per person | +15.6% |
| 2003 | 12,872 current LCU per person | +10.4% |
| 2004 | 15,109 current LCU per person | +17.4% |
| 2005 | 18,018 current LCU per person | +19.3% |
| 2006 | 23,898 current LCU per person | +32.6% |
| 2007 | 43,645 current LCU per person | +82.6% |
| 2008 | 60,369 current LCU per person | +38.3% |
| 2009 | 67,436 current LCU per person | +11.7% |
| 2010 | 69,987 current LCU per person | +3.8% |
| 2011 | 82,811 current LCU per person | +18.3% |
| 2012 | 102,360 current LCU per person | +23.6% |
| 2013 | 113,867 current LCU per person | +11.2% |
| 2014 | 110,016 current LCU per person | -3.4% |
| 2015 | 111,648 current LCU per person | +1.5% |
| 2016 | 143,693 current LCU per person | +28.7% |
| 2017 | 142,187 current LCU per person | -1.0% |
| 2018 | 159,753 current LCU per person | +12.4% |
| 2019 | 166,364 current LCU per person | +4.1% |
| 2020 | 181,802 current LCU per person | +9.3% |
| 2021 | 203,378 current LCU per person | +11.9% |
| 2022 | 233,865 current LCU per person | +15.0% |
| 2023 | 345,625 current LCU per person | +47.8% |
Nigeria compared with similar countries
- Nigeria's 345,625 current LCU per person is above the median for lower middle income countries, which is 127,754 current LCU per person, 2.7× the median. (46 countries reporting)
- Nigeria's 345,625 current LCU per person is above the median for Sub-Saharan Africa, which is 228,280 current LCU per person, 1.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.62 current LCU per person | 6.13 current LCU per person | 12.13 current LCU per person | 10 |
| 1970s | 63.26 current LCU per person | 17.52 current LCU per person | 137.75 current LCU per person | 10 |
| 1980s | 284.44 current LCU per person | 195.08 current LCU per person | 458.8 current LCU per person | 10 |
| 1990s | 2,689 current LCU per person | 592.6 current LCU per person | 5,687 current LCU per person | 10 |
| 2000s | 27,128 current LCU per person | 8,198 current LCU per person | 67,436 current LCU per person | 10 |
| 2010s | 120,269 current LCU per person | 69,987 current LCU per person | 166,364 current LCU per person | 10 |
| 2020s | 241,168 current LCU per person | 181,802 current LCU per person | 345,625 current LCU per person | 4 |
Countries ranked near Nigeria
- 51 Thailand 367,539 current LCU per person compare
- 52 Togo 367,304 current LCU per person compare
- 53 Rwanda 364,654 current LCU per person compare
- 55 Comoros 323,853 current LCU per person compare
- 56 North Macedonia 319,711 current LCU per person compare
- 57 Turkey 311,187 current LCU per person compare
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 broad money (current lcu), per capita in Nigeria?
- Broad money (current lcu), per capita in Nigeria was 345,625 current LCU per person in 2023, according to Statizoid (derived).
- What is the highest broad money (current lcu), per capita recorded in Nigeria?
- The highest recorded value was 345,625 current LCU per person in 2023.
- What is the lowest broad money (current lcu), per capita recorded in Nigeria?
- The lowest recorded value was 6.13 current LCU per person in 1960.
- How does Nigeria rank for broad money (current lcu), per capita?
- Nigeria ranks 54th out of 166 countries with data for 2023.
- Is broad money (current lcu), per capita rising or falling in Nigeria?
- Over the last ten years it is up 203.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Broad money (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Broad money (current LCU) ÷ Population, total
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Broad money (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.