Claims on governments and other public entities in Nigeria
Nigeria: Claims on governments and other public entities was 34.94 billion current LCU in 1991. ◆ Volatile
Claims on governments and other public entities in Nigeria, 1965–1991
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
Nigeria recorded 34.94 billion current LCU for claims on governments and other public entities in 1991. That is the highest value across all 27 years on record.
That represents a change of up 57.8% on the previous year and up 432.9% over ten years.
Over the whole period, claims on governments and other public entities in Nigeria peaked at 34.94 billion current LCU in 1991 and was at its lowest, -1.42 billion current LCU, in 1974.
That places Nigeria 17th out of 49 countries with data for 1991, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on governments and other public entities in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1965 | 82.20 million current LCU | — |
| 1966 | 128.00 million current LCU | +55.7% |
| 1967 | 187.40 million current LCU | +46.4% |
| 1968 | 323.10 million current LCU | +72.4% |
| 1969 | 502.80 million current LCU | +55.6% |
| 1970 | 667.00 million current LCU | +32.7% |
| 1971 | 535.10 million current LCU | -19.8% |
| 1972 | 525.70 million current LCU | -1.8% |
| 1973 | 420.20 million current LCU | -20.1% |
| 1974 | -1.42 billion current LCU | -438.7% |
| 1975 | -741.60 million current LCU | -47.9% |
| 1976 | 531.00 million current LCU | -171.6% |
| 1977 | 2.52 billion current LCU | +374.1% |
| 1978 | 3.25 billion current LCU | +29.2% |
| 1979 | 3.46 billion current LCU | +6.3% |
| 1980 | 3.67 billion current LCU | +6.2% |
| 1981 | 6.56 billion current LCU | +78.6% |
| 1982 | 10.71 billion current LCU | +63.3% |
| 1983 | 15.99 billion current LCU | +49.3% |
| 1984 | 18.34 billion current LCU | +14.7% |
| 1985 | 18.77 billion current LCU | +2.3% |
| 1986 | 18.07 billion current LCU | -3.7% |
| 1987 | 22.41 billion current LCU | +24.1% |
| 1988 | 28.13 billion current LCU | +25.5% |
| 1989 | 19.13 billion current LCU | -32.0% |
| 1990 | 22.14 billion current LCU | +15.7% |
| 1991 | 34.94 billion current LCU | +57.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 244.70 million current LCU | 82.20 million current LCU | 502.80 million current LCU | 5 |
| 1970s | 974.22 million current LCU | -1.42 billion current LCU | 3.46 billion current LCU | 10 |
| 1980s | 16.18 billion current LCU | 3.67 billion current LCU | 28.13 billion current LCU | 10 |
| 1990s | 28.54 billion current LCU | 22.14 billion current LCU | 34.94 billion current LCU | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Total reserves in months of imports, annual growth rate -1.26 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 6.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0966 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 118.25 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 6.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 132.23 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 8.47 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 141.49 SDR per person (2025)
Frequently asked questions
- What is claims on governments and other public entities in Nigeria?
- Claims on governments and other public entities in Nigeria was 34.94 billion current LCU in 1991, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest claims on governments and other public entities recorded in Nigeria?
- The highest recorded value was 34.94 billion current LCU in 1991.
- What is the lowest claims on governments and other public entities recorded in Nigeria?
- The lowest recorded value was -1.42 billion current LCU in 1974.
- How does Nigeria rank for claims on governments and other public entities?
- Nigeria ranks 17th out of 49 countries with data for 1991.
- Is claims on governments and other public entities rising or falling in Nigeria?
- Over the last ten years it is up 432.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Claims on governments and other public entities (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Claims on governments and other public entities (IFS line 32an + 32b + 32bx + 32c) usually comprise direct credit for specific purposes such as financing of the government budget deficit or loans to state enterprises, advances against future credit authorizations, and purchases of treasury bills and bonds, net of deposits by the public sector. Public sector deposits with the banking system also include sinking funds for the service of debt and temporary deposits of government revenues. Data are in current local currency.