Domestic Claims, Claims on Private Sector (Depository Corporations) in Nigeria
Nigeria: Domestic Claims, Claims on Private Sector (Depository Corporations) was 57.45 % change on previous year in 2008. ◆ Volatile
Domestic Claims, Claims on Private Sector (Depository Corporations) in Nigeria, 1953–2008
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 57.45 % change on previous year for domestic claims, claims on private sector (depository corporations) in 2008.
Compared with earlier readings it is down 49.8% on the previous year and up 221.8% over ten years.
Over the whole period, domestic claims, claims on private sector (depository corporations) in Nigeria peaked at 141.25 % change on previous year in 1992 and was at its lowest, -11.39 % change on previous year, in 1967.
Nigeria ranks 10th of 178 countries on this measure, in the top 10%.
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 | % change on previous year | Change |
|---|---|---|
| 1953 | 9.78 % change on previous year | — |
| 1954 | 19.8 % change on previous year | +102.4% |
| 1955 | 60.33 % change on previous year | +204.7% |
| 1956 | 31.96 % change on previous year | -47.0% |
| 1957 | 35.94 % change on previous year | +12.4% |
| 1958 | 10.92 % change on previous year | -69.6% |
| 1959 | 4.92 % change on previous year | -54.9% |
| 1960 | 36.79 % change on previous year | +647.4% |
| 1961 | 6.68 % change on previous year | -81.8% |
| 1962 | 65.31 % change on previous year | +877.9% |
| 1963 | 21.6 % change on previous year | -66.9% |
| 1964 | 5.64 % change on previous year | -73.9% |
| 1965 | 11.99 % change on previous year | +112.6% |
| 1966 | 16.54 % change on previous year | +37.9% |
| 1967 | -11.39 % change on previous year | -168.8% |
| 1968 | 0.6545 % change on previous year | -105.7% |
| 1969 | 7.84 % change on previous year | +1097.4% |
| 1970 | 39.96 % change on previous year | +409.8% |
| 1971 | 26.83 % change on previous year | -32.9% |
| 1972 | 21.15 % change on previous year | -21.2% |
| 1973 | 9.36 % change on previous year | -55.8% |
| 1974 | 24.33 % change on previous year | +160.1% |
| 1975 | 69.71 % change on previous year | +186.5% |
| 1976 | 39.43 % change on previous year | -43.4% |
| 1977 | 42.43 % change on previous year | +7.6% |
| 1978 | 27.64 % change on previous year | -34.9% |
| 1979 | 12.5 % change on previous year | -54.8% |
| 1980 | 37.86 % change on previous year | +203.0% |
| 1981 | 31.5 % change on previous year | -16.8% |
| 1982 | 18.95 % change on previous year | -39.8% |
| 1983 | 2.51 % change on previous year | -86.7% |
| 1984 | 5.44 % change on previous year | +116.6% |
| 1985 | 9.16 % change on previous year | +68.4% |
| 1986 | 32.29 % change on previous year | +252.5% |
| 1987 | 7.65 % change on previous year | -76.3% |
| 1988 | 18.5 % change on previous year | +141.8% |
| 1989 | 10.3 % change on previous year | -44.3% |
| 1990 | 16.12 % change on previous year | +56.5% |
| 1991 | 26.11 % change on previous year | +62.0% |
| 1992 | 141.25 % change on previous year | +440.9% |
| 1993 | 18.08 % change on previous year | -87.2% |
| 1994 | 61.37 % change on previous year | +239.3% |
| 1995 | 41.94 % change on previous year | -31.7% |
| 1996 | 25.03 % change on previous year | -40.3% |
| 1997 | 23.14 % change on previous year | -7.6% |
| 1998 | 17.85 % change on previous year | -22.8% |
| 1999 | 22.32 % change on previous year | +25.0% |
| 2000 | 30.09 % change on previous year | +34.8% |
| 2001 | 39.65 % change on previous year | +31.8% |
| 2002 | 14.28 % change on previous year | -64.0% |
| 2003 | 29.9 % change on previous year | +109.4% |
| 2004 | 26.97 % change on previous year | -9.8% |
| 2005 | 27.17 % change on previous year | +0.8% |
| 2006 | 26.47 % change on previous year | -2.6% |
| 2007 | 114.36 % change on previous year | +332.1% |
| 2008 | 57.45 % change on previous year | -49.8% |
Nigeria compared with similar countries
- Nigeria's 57.45 % change on previous year is above the median for lower middle income countries, which is 26.43 % change on previous year, 2.2× the median. (43 countries reporting)
- Nigeria's 57.45 % change on previous year is above the median for Sub-Saharan Africa, which is 23.81 % change on previous year, 2.4× the median. (47 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 |
|---|---|---|---|
| 1969 | +1097.4% | 0.6545 % change on previous year | 7.84 % change on previous year |
| 1962 | +877.9% | 6.68 % change on previous year | 65.31 % change on previous year |
| 1960 | +647.4% | 4.92 % change on previous year | 36.79 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 24.81 % change on previous year | 4.92 % change on previous year | 60.33 % change on previous year | 7 |
| 1960s | 16.17 % change on previous year | -11.39 % change on previous year | 65.31 % change on previous year | 10 |
| 1970s | 31.33 % change on previous year | 9.36 % change on previous year | 69.71 % change on previous year | 10 |
| 1980s | 17.42 % change on previous year | 2.51 % change on previous year | 37.86 % change on previous year | 10 |
| 1990s | 39.32 % change on previous year | 16.12 % change on previous year | 141.25 % change on previous year | 10 |
| 2000s | 40.71 % change on previous year | 14.28 % change on previous year | 114.36 % change on previous year | 9 |
Countries ranked near Nigeria
- 7 Myanmar 61.12 % change on previous year compare
- 8 Seychelles 59.71 % change on previous year compare
- 9 Uganda 57.61 % change on previous year compare
- 11 Mozambique 56.82 % change on previous year compare
- 12 Cambodia 54.32 % change on previous year compare
- 13 Belarus 54.21 % change on previous year 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 private sector (depository corporations) in Nigeria?
- Domestic claims, claims on private sector (depository corporations) in Nigeria was 57.45 % change on previous year 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 141.25 % change on previous year in 1992.
- What is the lowest domestic claims, claims on private sector (depository corporations) recorded in Nigeria?
- The lowest recorded value was -11.39 % change on previous year in 1967.
- How does Nigeria rank for domestic claims, claims on private sector (depository corporations)?
- Nigeria ranks 10th out of 178 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 221.8%. 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), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Domestic Claims, Claims on Private Sector International Monetary Fund
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
The year-on-year percentage change in Domestic Claims, Claims on Private Sector (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.