Claims on private sector, flow (current LCU) in Nigeria
Nigeria: Claims on private sector, flow (current LCU) was 8.27 billion current LCU in 1991. ◆ Volatile
Claims on private sector, flow in Nigeria, 1966–1991
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.
Claims on private sector, flow (current LCU) in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1966 | 46.50 million current LCU | — |
| 1967 | -37.30 million current LCU | -180.2% |
| 1968 | 1.90 million current LCU | -105.1% |
| 1969 | 22.90 million current LCU | +1105.3% |
| 1970 | 125.90 million current LCU | +449.8% |
| 1971 | 118.30 million current LCU | -6.0% |
| 1972 | 118.30 million current LCU | +0.0% |
| 1973 | 63.40 million current LCU | -46.4% |
| 1974 | 180.30 million current LCU | +184.4% |
| 1975 | 642.20 million current LCU | +256.2% |
| 1976 | 616.50 million current LCU | -4.0% |
| 1977 | 924.90 million current LCU | +50.0% |
| 1978 | 858.20 million current LCU | -7.2% |
| 1979 | 495.30 million current LCU | -42.3% |
| 1980 | 1.69 billion current LCU | +240.8% |
| 1981 | 1.94 billion current LCU | +14.7% |
| 1982 | 1.53 billion current LCU | -20.9% |
| 1983 | 241.50 million current LCU | -84.2% |
| 1984 | 536.30 million current LCU | +122.1% |
| 1985 | 952.00 million current LCU | +77.5% |
| 1986 | 7.36 billion current LCU | +672.6% |
| 1987 | 3.38 billion current LCU | -54.0% |
| 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 18.53 billion current LCU, 45% of the median. (46 countries reporting)
- Nigeria's 8.27 billion current LCU is below the median for lower middle income countries, which is 16.49 billion current LCU, 50% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Claims on private sector, flow (current LCU) in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1969 | +1105.3% | 1.90 million current LCU | 22.90 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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, 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
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.