Claims on private sector, flow in Nigeria

Nigeria: Claims on private sector, 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
31st
of 50 countries
All-time high
8.27 billion current LCU
in 1991
All-time low
-37.30 million current LCU
in 1967
Years of data
26
1966–1991

Claims on private sector, flow in Nigeria, 1966–1991

02.0B4.0B6.0B8.0B1966197819911966: 46.5M current LCU1967: -37.3M current LCU1968: 1.9M current LCU1969: 22.9M current LCU1970: 125.9M current LCU1971: 118.3M current LCU1972: 118.3M current LCU1973: 63.4M current LCU1974: 180.3M current LCU1975: 642.2M current LCU1976: 616.5M current LCU1977: 924.9M current LCU1978: 858.2M current LCU1979: 495.3M current LCU1980: 1.7B current LCU1981: 1.9B current LCU1982: 1.5B current LCU1983: 241.5M current LCU1984: 536.3M current LCU1985: 952.0M current LCU1986: 7.4B current LCU1987: 3.4B current LCU1988: 5.5B current LCU1989: 955.0M current LCU1990: 5.8B current LCU1991: 8.3B current LCU

Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.

Analysis

In 1991, claims on private sector, flow in Nigeria stood at 8.27 billion current LCU. That is the highest value across all 26 years on record.

That represents a change of up 42.7% on the previous year and up 326.9% over ten years.

Over the whole period, claims on private sector, flow in Nigeria peaked at 8.27 billion current LCU in 1991 and was at its lowest, -37.30 million current LCU, in 1967.

That places Nigeria 31st out of 50 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.50 million current LCU -37.30 million current LCU 46.50 million current LCU 4
1970s 414.33 million current LCU 63.40 million current LCU 924.90 million current LCU 10
1980s 2.40 billion current LCU 241.50 million current LCU 7.36 billion current LCU 10
1990s 7.03 billion current LCU 5.79 billion current LCU 8.27 billion current LCU 2

Countries ranked near Nigeria

  1. 28 Guinea-Bissau 11.10 billion current LCU compare
  2. 29 Niger 10.00 billion current LCU compare
  3. 30 Comoros 8.59 billion current LCU
  4. 32 Malawi 4.94 billion current LCU compare
  5. 33 Ethiopia 4.29 billion current LCU compare
  6. 34 Egypt 4.07 billion current LCU

See the full ranking of 50 places →

More financial sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is claims on private sector, flow in Nigeria?
Claims on private sector, 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, flow recorded in Nigeria?
The highest recorded value was 8.27 billion current LCU in 1991.
What is the lowest claims on private sector, flow recorded in Nigeria?
The lowest recorded value was -37.30 million current LCU in 1967.
How does Nigeria rank for claims on private sector, flow?
Nigeria ranks 31st out of 50 countries with data for 1991.
Is claims on private sector, flow rising or falling in Nigeria?
Over the last ten years it is up 326.9%. 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 private sector, flow (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Claims on private sector, flow (current LCU)
Unit
current LCU
Source
International Monetary Fund, International Financial Statistics and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,448 data points, 1961–2011
Last refreshed

Change in domestic credit to the private sector covers changes in claims on private non-financial corporations, households, and non-profit institutions. Data; Annual flow, local currencies.