Domestic Claims, Claims on Central or General Government, Net Claims in Nigeria
Nigeria: Domestic Claims, Claims on Central or General Government, Net Claims was -3.11 trillion in 2008. ◆ Volatile
Latest (2008)
-3.11 trillion
Change on year
down 86.2%
World rank
174th
of 178 countries
All-time high
528.34 billion
in 2003
All-time low
-3.11 trillion
in 2008
Years of data
50
1959–2008
Domestic Claims, Claims on Central or General Government, Net Claims in Nigeria, 1959–2008
Source: International Monetary Fund.
Analysis
The most recent figure for domestic claims, claims on central or general government, net claims in Nigeria is -3.11 trillion, measured in 2008. That is the lowest value across all 50 years on record.
The figure is down 86.2% on the previous year and down 2,321.0% over ten years.
Over the whole period, domestic claims, claims on central or general government, net claims in Nigeria peaked at 528.34 billion in 2003 and was at its lowest, -3.11 trillion, in 2008.
Nigeria ranks 174th of 178 countries on this measure, 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 | Value | Change |
|---|---|---|
| 1959 | -72.90 million | — |
| 1960 | -57.30 million | -21.4% |
| 1961 | -12.60 million | -78.0% |
| 1962 | 2.00 million | -115.9% |
| 1963 | 26.70 million | +1235.0% |
| 1964 | 85.40 million | +219.9% |
| 1965 | 82.20 million | -3.7% |
| 1966 | 128.00 million | +55.7% |
| 1967 | 187.40 million | +46.4% |
| 1968 | 323.10 million | +72.4% |
| 1969 | 500.40 million | +54.9% |
| 1970 | 665.70 million | +33.0% |
| 1971 | 532.20 million | -20.1% |
| 1972 | 517.80 million | -2.7% |
| 1973 | 406.90 million | -21.4% |
| 1974 | -1.45 billion | -455.9% |
| 1975 | -773.60 million | -46.6% |
| 1976 | 486.10 million | -162.8% |
| 1977 | 2.46 billion | +405.7% |
| 1978 | 3.14 billion | +27.9% |
| 1979 | 3.31 billion | +5.4% |
| 1980 | 3.54 billion | +6.8% |
| 1981 | 6.30 billion | +78.0% |
| 1982 | 10.33 billion | +64.0% |
| 1983 | 15.48 billion | +49.8% |
| 1984 | 17.82 billion | +15.2% |
| 1985 | 18.30 billion | +2.7% |
| 1986 | 18.83 billion | +2.9% |
| 1987 | 21.16 billion | +12.4% |
| 1988 | 27.49 billion | +29.9% |
| 1989 | 20.11 billion | -26.9% |
| 1990 | 31.18 billion | +55.1% |
| 1991 | 32.47 billion | +4.1% |
| 1992 | 91.11 billion | +180.6% |
| 1993 | 185.17 billion | +103.2% |
| 1994 | 288.11 billion | +55.6% |
| 1995 | 263.00 billion | -8.7% |
| 1996 | 110.47 billion | -58.0% |
| 1997 | 46.36 billion | -58.0% |
| 1998 | 139.92 billion | +201.8% |
| 1999 | 176.81 billion | +26.4% |
| 2000 | -123.99 billion | -170.1% |
| 2001 | 2.09 billion | -101.7% |
| 2002 | 372.68 billion | +17714.9% |
| 2003 | 528.34 billion | +41.8% |
| 2004 | -272.38 billion | -151.6% |
| 2005 | -837.35 billion | +207.4% |
| 2006 | -1.81 trillion | +116.4% |
| 2007 | -1.67 trillion | -7.9% |
| 2008 | -3.11 trillion | +86.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | -72.90 million | -72.90 million | -72.90 million | 1 |
| 1960s | 126.53 million | -57.30 million | 500.40 million | 10 |
| 1970s | 930.10 million | -1.45 billion | 3.31 billion | 10 |
| 1980s | 15.93 billion | 3.54 billion | 27.49 billion | 10 |
| 1990s | 136.46 billion | 31.18 billion | 288.11 billion | 10 |
| 2000s | -768.77 billion | -3.11 trillion | 528.34 billion | 9 |
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 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 -3.11 trillion in 2008, according to International Monetary Fund.
- What is the highest domestic claims, claims on central or general government, net claims recorded in Nigeria?
- The highest recorded value was 528.34 billion in 2003.
- What is the lowest domestic claims, claims on central or general government, net claims recorded in Nigeria?
- The lowest recorded value was -3.11 trillion in 2008.
- How does Nigeria rank for domestic claims, claims on central or general government, net claims?
- Nigeria ranks 174th out of 178 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 2,321.0%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Domestic Claims, Claims on Central or General Government, Net Claims on Central or General Government (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.