Domestic Claims, Claims on Central or General Government, Net Claims in Nigeria
Nigeria: Domestic Claims, Claims on Central or General Government, Net Claims was -9.15 units per US$ of GDP in 2008. ◆ Volatile
Domestic Claims, Claims on Central or General Government, Net Claims in Nigeria, 1960–2008
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Nigeria recorded -9.15 units per US$ of GDP for domestic claims, claims on central or general government, net claims in 2008. That is the lowest value across all 49 years on record.
The figure is down 52.6% on the previous year and down 1,529.0% over ten years.
Over the whole period, domestic claims, claims on central or general government, net claims in Nigeria peaked at 5.04 units per US$ of GDP in 2003 and was at its lowest, -9.15 units per US$ of GDP, in 2008.
That places Nigeria 157th out of 174 countries with data for 2008, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic Claims, Claims on Central or General Government, Net Claims in Nigeria, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | -0.0137 units per US$ of GDP | — |
| 1961 | -0.0028 units per US$ of GDP | -79.3% |
| 1962 | 0.0004 units per US$ of GDP | -114.4% |
| 1963 | 0.0052 units per US$ of GDP | +1168.8% |
| 1964 | 0.0154 units per US$ of GDP | +197.5% |
| 1965 | 0.014 units per US$ of GDP | -9.0% |
| 1966 | 0.0201 units per US$ of GDP | +43.7% |
| 1967 | 0.036 units per US$ of GDP | +79.1% |
| 1968 | 0.0621 units per US$ of GDP | +72.5% |
| 1969 | 0.0754 units per US$ of GDP | +21.4% |
| 1970 | 0.0531 units per US$ of GDP | -29.7% |
| 1971 | 0.058 units per US$ of GDP | +9.2% |
| 1972 | 0.0422 units per US$ of GDP | -27.2% |
| 1973 | 0.0268 units per US$ of GDP | -36.4% |
| 1974 | -0.0583 units per US$ of GDP | -317.2% |
| 1975 | -0.0278 units per US$ of GDP | -52.2% |
| 1976 | 0.0134 units per US$ of GDP | -148.1% |
| 1977 | 0.0682 units per US$ of GDP | +409.5% |
| 1978 | 0.086 units per US$ of GDP | +26.1% |
| 1979 | 0.0701 units per US$ of GDP | -18.5% |
| 1980 | 0.0551 units per US$ of GDP | -21.4% |
| 1981 | 0.0383 units per US$ of GDP | -30.5% |
| 1982 | 0.0723 units per US$ of GDP | +88.9% |
| 1983 | 0.1594 units per US$ of GDP | +120.3% |
| 1984 | 0.2425 units per US$ of GDP | +52.2% |
| 1985 | 0.2481 units per US$ of GDP | +2.3% |
| 1986 | 0.3435 units per US$ of GDP | +38.5% |
| 1987 | 0.4016 units per US$ of GDP | +16.9% |
| 1988 | 0.5537 units per US$ of GDP | +37.8% |
| 1989 | 0.457 units per US$ of GDP | -17.5% |
| 1990 | 0.577 units per US$ of GDP | +26.3% |
| 1991 | 0.5454 units per US$ of GDP | -5.5% |
| 1992 | 1.75 units per US$ of GDP | +220.9% |
| 1993 | 3.26 units per US$ of GDP | +86.5% |
| 1994 | 3.58 units per US$ of GDP | +9.8% |
| 1995 | 1.87 units per US$ of GDP | -47.9% |
| 1996 | 0.5948 units per US$ of GDP | -68.1% |
| 1997 | 0.2308 units per US$ of GDP | -61.2% |
| 1998 | 0.6406 units per US$ of GDP | +177.5% |
| 1999 | 2.99 units per US$ of GDP | +366.7% |
| 2000 | -1.79 units per US$ of GDP | -160.0% |
| 2001 | 0.0284 units per US$ of GDP | -101.6% |
| 2002 | 3.92 units per US$ of GDP | +13686.1% |
| 2003 | 5.04 units per US$ of GDP | +28.7% |
| 2004 | -2.01 units per US$ of GDP | -139.8% |
| 2005 | -4.77 units per US$ of GDP | +137.6% |
| 2006 | -7.6 units per US$ of GDP | +59.4% |
| 2007 | -6 units per US$ of GDP | -21.1% |
| 2008 | -9.15 units per US$ of GDP | +52.6% |
Nigeria compared with similar countries
- Nigeria's -9.15 units per US$ of GDP is below the median for lower middle income countries, which is 0.0682 units per US$ of GDP. (43 countries reporting)
- Nigeria's -9.15 units per US$ of GDP is below the median for Sub-Saharan Africa, which is 2.99 units per US$ of GDP. (47 countries reporting)
Biggest year-on-year movements
Years where Domestic Claims, Claims on Central or General Government, Net Claims 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 |
|---|---|---|---|
| 2002 | +13686.1% | 0.0284 units per US$ of GDP | 3.92 units per US$ of GDP |
| 1963 | +1168.8% | 0.0004 units per US$ of GDP | 0.0052 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0212 units per US$ of GDP | -0.0137 units per US$ of GDP | 0.0754 units per US$ of GDP | 10 |
| 1970s | 0.0332 units per US$ of GDP | -0.0583 units per US$ of GDP | 0.086 units per US$ of GDP | 10 |
| 1980s | 0.2572 units per US$ of GDP | 0.0383 units per US$ of GDP | 0.5537 units per US$ of GDP | 10 |
| 1990s | 1.6 units per US$ of GDP | 0.2308 units per US$ of GDP | 3.58 units per US$ of GDP | 10 |
| 2000s | -2.48 units per US$ of GDP | -9.15 units per US$ of GDP | 5.04 units per US$ of GDP | 9 |
Countries ranked near Nigeria
- 154 Macau, China -5.02 units per US$ of GDP compare
- 155 Benin -7.18 units per US$ of GDP compare
- 156 Iceland -9.13 units per US$ of GDP compare
- 158 Tanzania, United Republic of -11.99 units per US$ of GDP compare
- 159 Chile -16.33 units per US$ of GDP compare
- 160 Rwanda -16.99 units per US$ of GDP compare
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 domestic claims, claims on central or general government, net claims in Nigeria?
- Domestic claims, claims on central or general government, net claims in Nigeria was -9.15 units per US$ of GDP in 2008, according to Statizoid (derived).
- What is the highest domestic claims, claims on central or general government, net claims recorded in Nigeria?
- The highest recorded value was 5.04 units per US$ of GDP in 2003.
- What is the lowest domestic claims, claims on central or general government, net claims recorded in Nigeria?
- The lowest recorded value was -9.15 units per US$ of GDP in 2008.
- How does Nigeria rank for domestic claims, claims on central or general government, net claims?
- Nigeria ranks 157th out of 174 countries with data for 2008.
- Is domestic claims, claims on central or general government, net claims rising or falling in Nigeria?
- Over the last ten years it is down 1,529.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Domestic Claims, Claims on Central or General Government, Net Claims International Monetary Fund
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.