Domestic Claims, Claims on Private Sector (Depository Corporations) in Nigeria
Nigeria: Domestic Claims, Claims on Private Sector (Depository Corporations) was 9.14 million units per square kilometre in 2008. ◆ Volatile
Domestic Claims, Claims on Private Sector (Depository Corporations) in Nigeria, 1961–2008
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
Nigeria recorded 9.14 million units per square kilometre for domestic claims, claims on private sector (depository corporations) in 2008. That is the highest value across all 48 years on record.
Compared with earlier readings it is up 57.4% on the previous year and up 2,173.8% over ten years.
Over the whole period, domestic claims, claims on private sector (depository corporations) in Nigeria peaked at 9.14 million units per square kilometre in 2008 and was at its lowest, 129.78 units per square kilometre, in 1961.
That places Nigeria 66th out of 172 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic Claims, Claims on Private Sector (Depository Corporations) in Nigeria, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1961 | 129.78 units per square kilometre | — |
| 1962 | 214.54 units per square kilometre | +65.3% |
| 1963 | 260.88 units per square kilometre | +21.6% |
| 1964 | 275.59 units per square kilometre | +5.6% |
| 1965 | 308.64 units per square kilometre | +12.0% |
| 1966 | 359.7 units per square kilometre | +16.5% |
| 1967 | 318.74 units per square kilometre | -11.4% |
| 1968 | 320.83 units per square kilometre | +0.7% |
| 1969 | 345.97 units per square kilometre | +7.8% |
| 1970 | 484.21 units per square kilometre | +40.0% |
| 1971 | 614.1 units per square kilometre | +26.8% |
| 1972 | 743.99 units per square kilometre | +21.2% |
| 1973 | 813.6 units per square kilometre | +9.4% |
| 1974 | 1,012 units per square kilometre | +24.3% |
| 1975 | 1,717 units per square kilometre | +69.7% |
| 1976 | 2,394 units per square kilometre | +39.4% |
| 1977 | 3,409 units per square kilometre | +42.4% |
| 1978 | 4,351 units per square kilometre | +27.6% |
| 1979 | 4,895 units per square kilometre | +12.5% |
| 1980 | 6,749 units per square kilometre | +37.9% |
| 1981 | 8,875 units per square kilometre | +31.5% |
| 1982 | 10,557 units per square kilometre | +19.0% |
| 1983 | 10,822 units per square kilometre | +2.5% |
| 1984 | 11,411 units per square kilometre | +5.4% |
| 1985 | 12,456 units per square kilometre | +9.2% |
| 1986 | 16,478 units per square kilometre | +32.3% |
| 1987 | 17,739 units per square kilometre | +7.7% |
| 1988 | 21,021 units per square kilometre | +18.5% |
| 1989 | 23,187 units per square kilometre | +10.3% |
| 1990 | 26,925 units per square kilometre | +16.1% |
| 1991 | 33,955 units per square kilometre | +26.1% |
| 1992 | 81,916 units per square kilometre | +141.2% |
| 1993 | 96,731 units per square kilometre | +18.1% |
| 1994 | 156,091 units per square kilometre | +61.4% |
| 1995 | 221,554 units per square kilometre | +41.9% |
| 1996 | 277,010 units per square kilometre | +25.0% |
| 1997 | 341,097 units per square kilometre | +23.1% |
| 1998 | 401,997 units per square kilometre | +17.9% |
| 1999 | 491,719 units per square kilometre | +22.3% |
| 2000 | 639,685 units per square kilometre | +30.1% |
| 2001 | 893,347 units per square kilometre | +39.7% |
| 2002 | 1.02 million units per square kilometre | +14.3% |
| 2003 | 1.33 million units per square kilometre | +29.9% |
| 2004 | 1.68 million units per square kilometre | +27.0% |
| 2005 | 2.14 million units per square kilometre | +27.2% |
| 2006 | 2.71 million units per square kilometre | +26.5% |
| 2007 | 5.81 million units per square kilometre | +114.4% |
| 2008 | 9.14 million units per square kilometre | +57.4% |
Nigeria compared with similar countries
- Nigeria's 9.14 million units per square kilometre is above the median for lower middle income countries, which is 2.33 million units per square kilometre, 3.9× the median. (43 countries reporting)
- Nigeria's 9.14 million units per square kilometre is above the median for Sub-Saharan Africa, which is 3.18 million units per square kilometre, 2.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Domestic Claims, Claims on Private Sector (Depository Corporations) 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 |
|---|---|---|---|
| 1992 | +141.2% | 33,955 units per square kilometre | 81,916 units per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 281.63 units per square kilometre | 129.78 units per square kilometre | 359.7 units per square kilometre | 9 |
| 1970s | 2,043 units per square kilometre | 484.21 units per square kilometre | 4,895 units per square kilometre | 10 |
| 1980s | 13,929 units per square kilometre | 6,749 units per square kilometre | 23,187 units per square kilometre | 10 |
| 1990s | 212,900 units per square kilometre | 26,925 units per square kilometre | 491,719 units per square kilometre | 10 |
| 2000s | 2.82 million units per square kilometre | 639,685 units per square kilometre | 9.14 million units per square kilometre | 9 |
Countries ranked near Nigeria
- 63 Sweden 10.04 million units per square kilometre compare
- 64 Iraq 9.63 million units per square kilometre compare
- 65 Benin 9.44 million units per square kilometre compare
- 67 Malta 8.58 million units per square kilometre compare
- 68 Trinidad and Tobago 8.21 million units per square kilometre compare
- 69 Madagascar 7.15 million units per square kilometre compare
More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is domestic claims, claims on private sector (depository corporations) in Nigeria?
- Domestic claims, claims on private sector (depository corporations) in Nigeria was 9.14 million units per square kilometre in 2008, according to Statizoid (derived).
- What is the highest domestic claims, claims on private sector (depository corporations) recorded in Nigeria?
- The highest recorded value was 9.14 million units per square kilometre in 2008.
- What is the lowest domestic claims, claims on private sector (depository corporations) recorded in Nigeria?
- The lowest recorded value was 129.78 units per square kilometre in 1961.
- How does Nigeria rank for domestic claims, claims on private sector (depository corporations)?
- Nigeria ranks 66th out of 172 countries with data for 2008.
- Is domestic claims, claims on private sector (depository corporations) rising or falling in Nigeria?
- Over the last ten years it is up 2,173.8%. 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 Private Sector (Depository Corporations Survey, Domestic currency), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency) ÷ Land area (sq. km)
Computed from
- Domestic Claims, Claims on Private Sector International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Private Sector (Depository Corporations Survey, Domestic currency) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.