Domestic Claims (Depository Corporations Survey, Domestic currency) in Nigeria
Nigeria: Domestic Claims (Depository Corporations Survey, Domestic currency) was 19.33 units per US$ of GDP in 2008. ◆ Volatile
Domestic Claims (Depository Corporations Survey, Domestic currency) in Nigeria, 1960–2008
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for domestic claims (depository corporations survey, domestic currency) in Nigeria is 19.33 units per US$ of GDP, measured in 2008. That is the highest value across all 49 years on record.
The figure is up 27.8% on the previous year and up 723.9% over ten years.
Over the whole period, domestic claims (depository corporations survey, domestic currency) in Nigeria peaked at 19.33 units per US$ of GDP in 2008 and was at its lowest, -0.0126 units per US$ of GDP, in 1974.
Nigeria ranks 71st of 174 countries on this measure, in the middle of the range.
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 | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0127 units per US$ of GDP | — |
| 1961 | 0.0236 units per US$ of GDP | +85.4% |
| 1962 | 0.0402 units per US$ of GDP | +70.1% |
| 1963 | 0.0512 units per US$ of GDP | +27.3% |
| 1964 | 0.0608 units per US$ of GDP | +18.8% |
| 1965 | 0.062 units per US$ of GDP | +2.1% |
| 1966 | 0.0718 units per US$ of GDP | +15.7% |
| 1967 | 0.0944 units per US$ of GDP | +31.5% |
| 1968 | 0.1193 units per US$ of GDP | +26.4% |
| 1969 | 0.124 units per US$ of GDP | +3.9% |
| 1970 | 0.091 units per US$ of GDP | -26.6% |
| 1971 | 0.1227 units per US$ of GDP | +34.9% |
| 1972 | 0.1038 units per US$ of GDP | -15.4% |
| 1973 | 0.0832 units per US$ of GDP | -19.9% |
| 1974 | -0.0126 units per US$ of GDP | -115.2% |
| 1975 | 0.0367 units per US$ of GDP | -390.0% |
| 1976 | 0.081 units per US$ of GDP | +121.0% |
| 1977 | 0.165 units per US$ of GDP | +103.8% |
| 1978 | 0.213 units per US$ of GDP | +29.1% |
| 1979 | 0.1839 units per US$ of GDP | -13.7% |
| 1980 | 0.1672 units per US$ of GDP | -9.1% |
| 1981 | 0.0959 units per US$ of GDP | -42.6% |
| 1982 | 0.1508 units per US$ of GDP | +57.2% |
| 1983 | 0.2854 units per US$ of GDP | +89.3% |
| 1984 | 0.4147 units per US$ of GDP | +45.3% |
| 1985 | 0.4328 units per US$ of GDP | +4.4% |
| 1986 | 0.6652 units per US$ of GDP | +53.7% |
| 1987 | 0.7653 units per US$ of GDP | +15.0% |
| 1988 | 1.02 units per US$ of GDP | +33.6% |
| 1989 | 1.05 units per US$ of GDP | +2.3% |
| 1990 | 1.14 units per US$ of GDP | +9.1% |
| 1991 | 1.19 units per US$ of GDP | +3.9% |
| 1992 | 3.29 units per US$ of GDP | +177.0% |
| 1993 | 4.95 units per US$ of GDP | +50.6% |
| 1994 | 5.46 units per US$ of GDP | +10.4% |
| 1995 | 3.37 units per US$ of GDP | -38.4% |
| 1996 | 2 units per US$ of GDP | -40.6% |
| 1997 | 1.82 units per US$ of GDP | -8.8% |
| 1998 | 2.35 units per US$ of GDP | +28.8% |
| 1999 | 10.69 units per US$ of GDP | +355.4% |
| 2000 | 6.82 units per US$ of GDP | -36.1% |
| 2001 | 12.88 units per US$ of GDP | +88.8% |
| 2002 | 14.66 units per US$ of GDP | +13.8% |
| 2003 | 17.69 units per US$ of GDP | +20.7% |
| 2004 | 10.06 units per US$ of GDP | -43.1% |
| 2005 | 7.21 units per US$ of GDP | -28.3% |
| 2006 | 3.85 units per US$ of GDP | -46.6% |
| 2007 | 15.13 units per US$ of GDP | +292.7% |
| 2008 | 19.33 units per US$ of GDP | +27.8% |
Nigeria compared with similar countries
- Nigeria's 19.33 units per US$ of GDP is below the median for lower middle income countries, which is 23.45 units per US$ of GDP, 82% of the median. (43 countries reporting)
- Nigeria's 19.33 units per US$ of GDP is below the median for Sub-Saharan Africa, which is 46.63 units per US$ of GDP, 41% of 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 |
|---|---|---|---|
| 1975 | +390.0% | -0.0126 units per US$ of GDP | 0.0367 units per US$ of GDP |
| 1999 | +355.4% | 2.35 units per US$ of GDP | 10.69 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.066 units per US$ of GDP | 0.0127 units per US$ of GDP | 0.124 units per US$ of GDP | 10 |
| 1970s | 0.1068 units per US$ of GDP | -0.0126 units per US$ of GDP | 0.213 units per US$ of GDP | 10 |
| 1980s | 0.5045 units per US$ of GDP | 0.0959 units per US$ of GDP | 1.05 units per US$ of GDP | 10 |
| 1990s | 3.62 units per US$ of GDP | 1.14 units per US$ of GDP | 10.69 units per US$ of GDP | 10 |
| 2000s | 11.96 units per US$ of GDP | 3.85 units per US$ of GDP | 19.33 units per US$ of GDP | 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 (depository corporations survey, domestic currency) in Nigeria?
- Domestic claims (depository corporations survey, domestic currency) in Nigeria was 19.33 units per US$ of GDP 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 19.33 units per US$ of GDP in 2008.
- What is the lowest domestic claims (depository corporations survey, domestic currency) recorded in Nigeria?
- The lowest recorded value was -0.0126 units per US$ of GDP in 1974.
- How does Nigeria rank for domestic claims (depository corporations survey, domestic currency)?
- Nigeria ranks 71st out of 174 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 723.9%. 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), 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 (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Domestic Claims (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Domestic 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 (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.