Goods, Credit/Revenue in Nigeria
Nigeria: Goods, Credit/Revenue was 52.97 billion in 2024. βΌ Falling
Goods, Credit/Revenue in Nigeria, 2005β2024
Source: International Monetary Fund.
Analysis
Nigeria recorded 52.97 billion for goods, credit/revenue in 2024.
That represents a change of down 5.1% on the previous year and down 35.9% over ten years.
Over the whole period, goods, credit/revenue in Nigeria peaked at 99.05 billion in 2011 and was at its lowest, 34.70 billion, in 2016.
That places Nigeria 51st out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.02 billion | 55.20 billion | 85.75 billion | 5 |
| 2010s | 70.70 billion | 34.70 billion | 99.05 billion | 10 |
| 2020s | 51.16 billion | 35.94 billion | 64.23 billion | 5 |
Countries ranked near Nigeria
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 goods, credit/revenue in Nigeria?
- Goods, credit/revenue in Nigeria was 52.97 billion in 2024, according to International Monetary Fund.
- What is the highest goods, credit/revenue recorded in Nigeria?
- The highest recorded value was 99.05 billion in 2011.
- What is the lowest goods, credit/revenue recorded in Nigeria?
- The lowest recorded value was 34.70 billion in 2016.
- How does Nigeria rank for goods, credit/revenue?
- Nigeria ranks 51st out of 198 countries with data for 2024.
- Is goods, credit/revenue rising or falling in Nigeria?
- Over the last ten years it is down 35.9%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Goods, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.