Claims on private sector and other financial institutions, flow in Nigeria
Nigeria: Claims on private sector and other financial institutions, flow was 8.27 billion current LCU in 1991. ◆ Volatile
Latest (1991)
8.27 billion current LCU
Change on year
up 42.7%
World rank
29th
of 46 countries
All-time high
8.27 billion current LCU
in 1991
All-time low
955.00 million current LCU
in 1989
Years of data
5
1987–1991
Claims on private sector and other financial institutions, flow in Nigeria, 1987–1991
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
Nigeria recorded 8.27 billion current LCU for claims on private sector and other financial institutions, flow in 1991. That is the highest value across all 5 years on record.
The figure is up 42.7% on the previous year and up 144.4% over five years.
Nigeria ranks 29th of 46 countries on this measure, in the middle of the range.
Claims on private sector and other financial institutions, flow in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1987 | 3.38 billion current LCU | — |
| 1988 | 5.46 billion current LCU | +61.5% |
| 1989 | 955.00 million current LCU | -82.5% |
| 1990 | 5.79 billion current LCU | +506.5% |
| 1991 | 8.27 billion current LCU | +42.7% |
Nigeria compared with similar countries
- Nigeria's 8.27 billion current LCU is below the median for Sub-Saharan Africa, which is 13.10 billion current LCU, 63% of the median. (45 countries reporting)
- Nigeria's 8.27 billion current LCU is below the median for lower middle income countries, which is 13.00 billion current LCU, 64% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.27 billion current LCU | 955.00 million current LCU | 5.46 billion current LCU | 3 |
| 1990s | 7.03 billion current LCU | 5.79 billion current LCU | 8.27 billion current LCU | 2 |
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 claims on private sector and other financial institutions, flow in Nigeria?
- Claims on private sector and other financial institutions, flow in Nigeria was 8.27 billion current LCU in 1991, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest claims on private sector and other financial institutions, flow recorded in Nigeria?
- The highest recorded value was 8.27 billion current LCU in 1991.
- What is the lowest claims on private sector and other financial institutions, flow recorded in Nigeria?
- The lowest recorded value was 955.00 million current LCU in 1989.
- How does Nigeria rank for claims on private sector and other financial institutions, flow?
- Nigeria ranks 29th out of 46 countries with data for 1991.
- 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 private sector and other financial institutions, flow (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit to Rest of the economy (excludes government). Data are in current local currencies.