Domestic Claims (Depository Corporations Survey, Domestic currency) in Nigeria
Nigeria: Domestic Claims (Depository Corporations Survey, Domestic currency) was 55.9 % change on previous year in 2008. ◆ Volatile
Domestic Claims (Depository Corporations Survey, Domestic currency) in Nigeria, 1954–2008
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2008, domestic claims (depository corporations survey, domestic currency) in Nigeria stood at 55.9 % change on previous year.
The figure is down 84.4% on the previous year and up 39.5% over ten years.
Over the whole period, domestic claims (depository corporations survey, domestic currency) in Nigeria peaked at 560.49 % change on previous year in 1960 and was at its lowest, -124.9 % change on previous year, in 1974.
That places Nigeria 14th out of 178 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic Claims (Depository Corporations Survey, Domestic currency) in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1954 | 19.8 % change on previous year | — |
| 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 | -89.51 % change on previous year | -919.7% |
| 1960 | 560.49 % change on previous year | -726.2% |
| 1961 | 97.38 % change on previous year | -82.6% |
| 1962 | 86.93 % change on previous year | -10.7% |
| 1963 | 33.89 % change on previous year | -61.0% |
| 1964 | 27.66 % change on previous year | -18.4% |
| 1965 | 7.97 % change on previous year | -71.2% |
| 1966 | 25.45 % change on previous year | +219.2% |
| 1967 | 7.48 % change on previous year | -70.6% |
| 1968 | 26.34 % change on previous year | +252.0% |
| 1969 | 32.53 % change on previous year | +23.5% |
| 1970 | 38.82 % change on previous year | +19.3% |
| 1971 | -1.3 % change on previous year | -103.3% |
| 1972 | 13.03 % change on previous year | -1105.6% |
| 1973 | -1.01 % change on previous year | -107.8% |
| 1974 | -124.9 % change on previous year | +12234.2% |
| 1975 | 424.24 % change on previous year | -439.7% |
| 1976 | 188.81 % change on previous year | -55.5% |
| 1977 | 102.23 % change on previous year | -45.9% |
| 1978 | 30.86 % change on previous year | -69.8% |
| 1979 | 11.72 % change on previous year | -62.0% |
| 1980 | 23.45 % change on previous year | +100.1% |
| 1981 | 47.05 % change on previous year | +100.6% |
| 1982 | 36.41 % change on previous year | -22.6% |
| 1983 | 28.71 % change on previous year | -21.1% |
| 1984 | 9.97 % change on previous year | -65.3% |
| 1985 | 4.76 % change on previous year | -52.3% |
| 1986 | 14.22 % change on previous year | +199.0% |
| 1987 | 10.56 % change on previous year | -25.7% |
| 1988 | 25.9 % change on previous year | +145.2% |
| 1989 | -9.32 % change on previous year | -136.0% |
| 1990 | 33.99 % change on previous year | -464.7% |
| 1991 | 14.5 % change on previous year | -57.3% |
| 1992 | 142.28 % change on previous year | +881.0% |
| 1993 | 64.06 % change on previous year | -55.0% |
| 1994 | 56.46 % change on previous year | -11.9% |
| 1995 | 8.03 % change on previous year | -85.8% |
| 1996 | -21.77 % change on previous year | -371.3% |
| 1997 | -1.4 % change on previous year | -93.6% |
| 1998 | 40.07 % change on previous year | -2955.4% |
| 1999 | 23.32 % change on previous year | -41.8% |
| 2000 | -25.32 % change on previous year | -208.6% |
| 2001 | 100.76 % change on previous year | -498.0% |
| 2002 | 47.05 % change on previous year | -53.3% |
| 2003 | 32.99 % change on previous year | -29.9% |
| 2004 | -26.29 % change on previous year | -179.7% |
| 2005 | -7.22 % change on previous year | -72.5% |
| 2006 | -27.52 % change on previous year | +281.0% |
| 2007 | 358.29 % change on previous year | -1401.9% |
| 2008 | 55.9 % change on previous year | -84.4% |
Nigeria compared with similar countries
- Nigeria's 55.9 % change on previous year is above the median for lower middle income countries, which is 19.74 % change on previous year, 2.8× the median. (43 countries reporting)
- Nigeria's 55.9 % change on previous year is above the median for Sub-Saharan Africa, which is 17.96 % change on previous year, 3.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Domestic Claims (Depository Corporations Survey, Domestic currency) 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 |
|---|---|---|---|
| 1974 | -12234.2% | -1.01 % change on previous year | -124.9 % change on previous year |
| 1998 | +2955.4% | -1.4 % change on previous year | 40.07 % change on previous year |
| 2007 | +1401.9% | -27.52 % change on previous year | 358.29 % change on previous year |
| 1972 | +1105.6% | -1.3 % change on previous year | 13.03 % change on previous year |
| 1992 | +881.0% | 14.5 % change on previous year | 142.28 % change on previous year |
| 1959 | -919.7% | 10.92 % change on previous year | -89.51 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 11.57 % change on previous year | -89.51 % change on previous year | 60.33 % change on previous year | 6 |
| 1960s | 90.61 % change on previous year | 7.48 % change on previous year | 560.49 % change on previous year | 10 |
| 1970s | 68.25 % change on previous year | -124.9 % change on previous year | 424.24 % change on previous year | 10 |
| 1980s | 19.17 % change on previous year | -9.32 % change on previous year | 47.05 % change on previous year | 10 |
| 1990s | 35.95 % change on previous year | -21.77 % change on previous year | 142.28 % change on previous year | 10 |
| 2000s | 56.52 % change on previous year | -27.52 % change on previous year | 358.29 % change on previous year | 9 |
Countries ranked near Nigeria
- 11 Mozambique 62.21 % change on previous year compare
- 12 Uruguay 61.06 % change on previous year compare
- 13 Armenia 58.93 % change on previous year compare
- 15 Belarus 54.98 % change on previous year compare
- 16 Mongolia 52.48 % change on previous year compare
- 17 Lao People's Democratic Republic 51.76 % 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 (depository corporations survey, domestic currency) in Nigeria?
- Domestic claims (depository corporations survey, domestic currency) in Nigeria was 55.9 % change on previous year in 2008, according to Statizoid (derived).
- What is the highest domestic claims (depository corporations survey, domestic currency) recorded in Nigeria?
- The highest recorded value was 560.49 % change on previous year in 1960.
- What is the lowest domestic claims (depository corporations survey, domestic currency) recorded in Nigeria?
- The lowest recorded value was -124.9 % change on previous year in 1974.
- How does Nigeria rank for domestic claims (depository corporations survey, domestic currency)?
- Nigeria ranks 14th out of 178 countries with data for 2008.
- Is domestic claims (depository corporations survey, domestic currency) rising or falling in Nigeria?
- Over the last ten years it is up 39.5%. 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 (Depository Corporations Survey, Domestic currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 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 (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 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 (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.