Capital Accounts in Nigeria
Nigeria: Capital Accounts was 3.66 trillion in 2008. ◆ Volatile
Latest (2008)
3.66 trillion
Change on year
up 63.0%
World rank
18th
of 155 countries
All-time high
3.66 trillion
in 2008
All-time low
5.80 million
in 1959
Years of data
50
1959–2008
Capital Accounts in Nigeria, 1959–2008
Source: International Monetary Fund.
Analysis
Nigeria recorded 3.66 trillion for capital accounts in 2008. That is the highest value across all 50 years on record.
The figure is up 63.0% on the previous year and up 2,300.8% over ten years.
Over the whole period, capital accounts in Nigeria peaked at 3.66 trillion in 2008 and was at its lowest, 5.80 million, in 1959.
Nigeria ranks 18th of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Capital Accounts in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1959 | 5.80 million | — |
| 1960 | 8.90 million | +53.4% |
| 1961 | 23.70 million | +166.3% |
| 1962 | 30.00 million | +26.6% |
| 1963 | 29.70 million | -1.0% |
| 1964 | 34.70 million | +16.8% |
| 1965 | 34.50 million | -0.6% |
| 1966 | 39.60 million | +14.8% |
| 1967 | 27.10 million | -31.6% |
| 1968 | 32.80 million | +21.0% |
| 1969 | 60.60 million | +84.8% |
| 1970 | 76.30 million | +25.9% |
| 1971 | 99.01 million | +29.8% |
| 1972 | 117.34 million | +18.5% |
| 1973 | 125.56 million | +7.0% |
| 1974 | 140.67 million | +12.0% |
| 1975 | 177.72 million | +26.3% |
| 1976 | 217.49 million | +22.4% |
| 1977 | 273.75 million | +25.9% |
| 1978 | 349.43 million | +27.6% |
| 1979 | 442.99 million | +26.8% |
| 1980 | 529.03 million | +19.4% |
| 1981 | 697.41 million | +31.8% |
| 1982 | 884.30 million | +26.8% |
| 1983 | 1.03 billion | +16.7% |
| 1984 | 1.19 billion | +14.9% |
| 1985 | 1.44 billion | +21.0% |
| 1986 | 2.10 billion | +46.6% |
| 1987 | 2.67 billion | +26.9% |
| 1988 | 3.31 billion | +24.1% |
| 1989 | 4.54 billion | +37.2% |
| 1990 | 6.27 billion | +38.1% |
| 1991 | 8.32 billion | +32.6% |
| 1992 | 52.20 billion | +527.7% |
| 1993 | 81.56 billion | +56.3% |
| 1994 | 85.82 billion | +5.2% |
| 1995 | 84.65 billion | -1.4% |
| 1996 | 96.05 billion | +13.5% |
| 1997 | 126.87 billion | +32.1% |
| 1998 | 152.42 billion | +20.1% |
| 1999 | 359.69 billion | +136.0% |
| 2000 | 454.31 billion | +26.3% |
| 2001 | 300.29 billion | -33.9% |
| 2002 | 354.49 billion | +18.1% |
| 2003 | 719.99 billion | +103.1% |
| 2004 | 861.36 billion | +19.6% |
| 2005 | 1.35 trillion | +56.3% |
| 2006 | 2.47 trillion | +83.5% |
| 2007 | 2.25 trillion | -9.1% |
| 2008 | 3.66 trillion | +63.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 5.80 million | 5.80 million | 5.80 million | 1 |
| 1960s | 32.16 million | 8.90 million | 60.60 million | 10 |
| 1970s | 202.03 million | 76.30 million | 442.99 million | 10 |
| 1980s | 1.84 billion | 529.03 million | 4.54 billion | 10 |
| 1990s | 105.38 billion | 6.27 billion | 359.69 billion | 10 |
| 2000s | 1.38 trillion | 300.29 billion | 3.66 trillion | 9 |
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 capital accounts in Nigeria?
- Capital accounts in Nigeria was 3.66 trillion in 2008, according to International Monetary Fund.
- What is the highest capital accounts recorded in Nigeria?
- The highest recorded value was 3.66 trillion in 2008.
- What is the lowest capital accounts recorded in Nigeria?
- The lowest recorded value was 5.80 million in 1959.
- How does Nigeria rank for capital accounts?
- Nigeria ranks 18th out of 155 countries with data for 2008.
- Is capital accounts rising or falling in Nigeria?
- Over the last ten years it is up 2,300.8%. 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 Capital Accounts (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.