Broad Money, M5 (Domestic currency) in Nigeria
Nigeria: Broad Money, M5 (Domestic currency) was 126.82 trillion Domestic currency in 2025. ◆ Volatile
Broad Money, M5 in Nigeria, 2007–2025
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
Nigeria recorded 126.82 trillion Domestic currency for broad money, m5 in 2025. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 11.9% on the previous year and up 495.7% over ten years.
Over the whole period, broad money, m5 in Nigeria peaked at 126.82 trillion Domestic currency in 2025 and was at its lowest, 6.69 trillion Domestic currency, in 2007.
That places Nigeria 5th out of 74 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad Money, M5 (Domestic currency) in Nigeria, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2007 | 6.69 trillion Domestic currency | — |
| 2008 | 9.51 trillion Domestic currency | +42.2% |
| 2009 | 10.93 trillion Domestic currency | +14.9% |
| 2010 | 11.66 trillion Domestic currency | +6.7% |
| 2011 | 14.19 trillion Domestic currency | +21.7% |
| 2012 | 18.04 trillion Domestic currency | +27.1% |
| 2013 | 20.62 trillion Domestic currency | +14.3% |
| 2014 | 20.45 trillion Domestic currency | -0.8% |
| 2015 | 21.29 trillion Domestic currency | +4.1% |
| 2016 | 28.08 trillion Domestic currency | +31.9% |
| 2017 | 28.47 trillion Domestic currency | +1.4% |
| 2018 | 32.74 trillion Domestic currency | +15.0% |
| 2019 | 34.85 trillion Domestic currency | +6.4% |
| 2020 | 38.90 trillion Domestic currency | +11.6% |
| 2021 | 44.44 trillion Domestic currency | +14.2% |
| 2022 | 52.19 trillion Domestic currency | +17.4% |
| 2023 | 78.76 trillion Domestic currency | +50.9% |
| 2024 | 113.36 trillion Domestic currency | +43.9% |
| 2025 | 126.82 trillion Domestic currency | +11.9% |
Nigeria compared with similar countries
- Nigeria's 126.82 trillion Domestic currency is above the median for lower middle income countries, which is 4.23 trillion Domestic currency, 30.0× the median. (21 countries reporting)
- Nigeria's 126.82 trillion Domestic currency is above the median for Sub-Saharan Africa, which is 3.69 trillion Domestic currency, 34.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.04 trillion Domestic currency | 6.69 trillion Domestic currency | 10.93 trillion Domestic currency | 3 |
| 2010s | 23.04 trillion Domestic currency | 11.66 trillion Domestic currency | 34.85 trillion Domestic currency | 10 |
| 2020s | 75.74 trillion Domestic currency | 38.90 trillion Domestic currency | 126.82 trillion Domestic currency | 6 |
Countries ranked near Nigeria
- 2 Colombia 973.74 trillion Domestic currency compare
- 3 Cambodia 256.78 trillion Domestic currency compare
- 4 Argentina 222.74 trillion Domestic currency compare
- 6 Russia 75.28 trillion Domestic currency compare
- 7 Myanmar 74.68 trillion Domestic currency compare
- 8 Guinea 64.59 trillion Domestic currency 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, m5 in Nigeria?
- Broad money, m5 in Nigeria was 126.82 trillion Domestic currency in 2025, according to International Monetary Fund.
- What is the highest broad money, m5 recorded in Nigeria?
- The highest recorded value was 126.82 trillion Domestic currency in 2025.
- What is the lowest broad money, m5 recorded in Nigeria?
- The lowest recorded value was 6.69 trillion Domestic currency in 2007.
- How does Nigeria rank for broad money, m5?
- Nigeria ranks 5th out of 74 countries with data for 2025.
- Is broad money, m5 rising or falling in Nigeria?
- Over the last ten years it is up 495.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Broad Money, M5 (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.