Broad money (current LCU), per square kilometre in Nigeria
Nigeria: Broad money (current LCU), per square kilometre was 86.48 million current LCU per square kilometre in 2023. ◆ Volatile
Latest (2023)
86.48 million current LCU per square kilometre
Change on year
up 50.9%
World rank
32nd
of 165 countries
All-time high
86.48 million current LCU per square kilometre
in 2023
All-time low
329.39 current LCU per square kilometre
in 1961
Years of data
63
1961–2023
Broad money (current LCU), per square kilometre in Nigeria, 1961–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Nigeria recorded 86.48 million current LCU per square kilometre for broad money (current lcu), per square kilometre in 2023. That is the highest value across all 63 years on record.
That represents a change of up 50.9% on the previous year and up 282.1% over ten years.
Over the whole period, broad money (current lcu), per square kilometre in Nigeria peaked at 86.48 million current LCU per square kilometre in 2023 and was at its lowest, 329.39 current LCU per square kilometre, in 1961.
That places Nigeria 32nd out of 165 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), per square kilometre in Nigeria, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 329.39 current LCU per square kilometre | — |
| 1962 | 365.4 current LCU per square kilometre | +10.9% |
| 1963 | 397.14 current LCU per square kilometre | +8.7% |
| 1964 | 473.01 current LCU per square kilometre | +19.1% |
| 1965 | 514.4 current LCU per square kilometre | +8.8% |
| 1966 | 570.73 current LCU per square kilometre | +10.9% |
| 1967 | 498.48 current LCU per square kilometre | -12.7% |
| 1968 | 573.25 current LCU per square kilometre | +15.0% |
| 1969 | 727.52 current LCU per square kilometre | +26.9% |
| 1970 | 1,075 current LCU per square kilometre | +47.8% |
| 1971 | 1,144 current LCU per square kilometre | +6.4% |
| 1972 | 1,322 current LCU per square kilometre | +15.6% |
| 1973 | 1,504 current LCU per square kilometre | +13.8% |
| 1974 | 2,846 current LCU per square kilometre | +89.2% |
| 1975 | 4,430 current LCU per square kilometre | +55.7% |
| 1976 | 6,267 current LCU per square kilometre | +41.5% |
| 1977 | 8,427 current LCU per square kilometre | +34.5% |
| 1978 | 8,258 current LCU per square kilometre | -2.0% |
| 1979 | 10,814 current LCU per square kilometre | +31.0% |
| 1980 | 15,800 current LCU per square kilometre | +46.1% |
| 1981 | 16,732 current LCU per square kilometre | +5.9% |
| 1982 | 18,329 current LCU per square kilometre | +9.5% |
| 1983 | 20,899 current LCU per square kilometre | +14.0% |
| 1984 | 23,324 current LCU per square kilometre | +11.6% |
| 1985 | 25,421 current LCU per square kilometre | +9.0% |
| 1986 | 25,918 current LCU per square kilometre | +2.0% |
| 1987 | 31,726 current LCU per square kilometre | +22.4% |
| 1988 | 42,168 current LCU per square kilometre | +32.9% |
| 1989 | 47,620 current LCU per square kilometre | +12.9% |
| 1990 | 63,192 current LCU per square kilometre | +32.7% |
| 1991 | 86,814 current LCU per square kilometre | +37.4% |
| 1992 | 141,732 current LCU per square kilometre | +63.3% |
| 1993 | 217,924 current LCU per square kilometre | +53.8% |
| 1994 | 293,098 current LCU per square kilometre | +34.5% |
| 1995 | 349,993 current LCU per square kilometre | +19.4% |
| 1996 | 406,616 current LCU per square kilometre | +16.2% |
| 1997 | 471,833 current LCU per square kilometre | +16.0% |
| 1998 | 577,136 current LCU per square kilometre | +22.3% |
| 1999 | 768,288 current LCU per square kilometre | +33.1% |
| 2000 | 1.14 million current LCU per square kilometre | +48.1% |
| 2001 | 1.44 million current LCU per square kilometre | +26.4% |
| 2002 | 1.71 million current LCU per square kilometre | +18.8% |
| 2003 | 1.94 million current LCU per square kilometre | +13.5% |
| 2004 | 2.34 million current LCU per square kilometre | +20.7% |
| 2005 | 2.87 million current LCU per square kilometre | +22.6% |
| 2006 | 3.91 million current LCU per square kilometre | +36.4% |
| 2007 | 7.34 million current LCU per square kilometre | +87.8% |
| 2008 | 10.45 million current LCU per square kilometre | +42.2% |
| 2009 | 12.00 million current LCU per square kilometre | +14.9% |
| 2010 | 12.81 million current LCU per square kilometre | +6.7% |
| 2011 | 15.58 million current LCU per square kilometre | +21.7% |
| 2012 | 19.80 million current LCU per square kilometre | +27.1% |
| 2013 | 22.64 million current LCU per square kilometre | +14.3% |
| 2014 | 22.46 million current LCU per square kilometre | -0.8% |
| 2015 | 23.37 million current LCU per square kilometre | +4.1% |
| 2016 | 30.84 million current LCU per square kilometre | +31.9% |
| 2017 | 31.26 million current LCU per square kilometre | +1.4% |
| 2018 | 35.95 million current LCU per square kilometre | +15.0% |
| 2019 | 38.27 million current LCU per square kilometre | +6.4% |
| 2020 | 42.72 million current LCU per square kilometre | +11.6% |
| 2021 | 48.80 million current LCU per square kilometre | +14.2% |
| 2022 | 57.30 million current LCU per square kilometre | +17.4% |
| 2023 | 86.48 million current LCU per square kilometre | +50.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 494.37 current LCU per square kilometre | 329.39 current LCU per square kilometre | 727.52 current LCU per square kilometre | 9 |
| 1970s | 4,609 current LCU per square kilometre | 1,075 current LCU per square kilometre | 10,814 current LCU per square kilometre | 10 |
| 1980s | 26,794 current LCU per square kilometre | 15,800 current LCU per square kilometre | 47,620 current LCU per square kilometre | 10 |
| 1990s | 337,663 current LCU per square kilometre | 63,192 current LCU per square kilometre | 768,288 current LCU per square kilometre | 10 |
| 2000s | 4.51 million current LCU per square kilometre | 1.14 million current LCU per square kilometre | 12.00 million current LCU per square kilometre | 10 |
| 2010s | 25.30 million current LCU per square kilometre | 12.81 million current LCU per square kilometre | 38.27 million current LCU per square kilometre | 10 |
| 2020s | 58.82 million current LCU per square kilometre | 42.72 million current LCU per square kilometre | 86.48 million current LCU per square kilometre | 4 |
Countries ranked near Nigeria
- 29 Myanmar 114.43 million current LCU per square kilometre compare
- 30 Lao People's Democratic Republic 92.30 million current LCU per square kilometre compare
- 31 Israel 87.89 million current LCU per square kilometre compare
- 33 Czechia 84.66 million current LCU per square kilometre compare
- 34 India 65.16 million current LCU per square kilometre compare
- 35 Philippines 63.43 million current LCU per square kilometre compare
More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is broad money (current lcu), per square kilometre in Nigeria?
- Broad money (current lcu), per square kilometre in Nigeria was 86.48 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest broad money (current lcu), per square kilometre recorded in Nigeria?
- The highest recorded value was 86.48 million current LCU per square kilometre in 2023.
- What is the lowest broad money (current lcu), per square kilometre recorded in Nigeria?
- The lowest recorded value was 329.39 current LCU per square kilometre in 1961.
- How does Nigeria rank for broad money (current lcu), per square kilometre?
- Nigeria ranks 32nd out of 165 countries with data for 2023.
- Is broad money (current lcu), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 282.1%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Broad money (current LCU) ÷ Land area (sq. km)
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.