Money (Depository Corporations Survey, Domestic currency), per square in Nigeria
Nigeria: Money (Depository Corporations Survey, Domestic currency), per square was 5.14 million units per square kilometre in 2008. ◆ Volatile
Money (Depository Corporations Survey, Domestic currency), per square in Nigeria, 1961–2008
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for money (depository corporations survey, domestic currency), per square in Nigeria is 5.14 million units per square kilometre, measured in 2008. That is the highest value across all 48 years on record.
The figure is up 47.8% on the previous year and up 1,329.3% over ten years.
Over the whole period, money (depository corporations survey, domestic currency), per square in Nigeria peaked at 5.14 million units per square kilometre in 2008 and was at its lowest, 251.88 units per square kilometre, in 1961.
That places Nigeria 56th out of 158 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.
Money (Depository Corporations Survey, Domestic currency), per square in Nigeria, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1961 | 251.88 units per square kilometre | — |
| 1962 | 277.35 units per square kilometre | +10.1% |
| 1963 | 295.02 units per square kilometre | +6.4% |
| 1964 | 348.72 units per square kilometre | +18.2% |
| 1965 | 360.02 units per square kilometre | +3.2% |
| 1966 | 392.2 units per square kilometre | +8.9% |
| 1967 | 354.43 units per square kilometre | -9.6% |
| 1968 | 371.66 units per square kilometre | +4.9% |
| 1969 | 491.12 units per square kilometre | +32.1% |
| 1970 | 705.56 units per square kilometre | +43.7% |
| 1971 | 735.75 units per square kilometre | +4.3% |
| 1972 | 820.51 units per square kilometre | +11.5% |
| 1973 | 865.31 units per square kilometre | +5.5% |
| 1974 | 1,778 units per square kilometre | +105.5% |
| 1975 | 2,704 units per square kilometre | +52.1% |
| 1976 | 4,094 units per square kilometre | +51.4% |
| 1977 | 5,951 units per square kilometre | +45.4% |
| 1978 | 5,600 units per square kilometre | -5.9% |
| 1979 | 6,749 units per square kilometre | +20.5% |
| 1980 | 10,131 units per square kilometre | +50.1% |
| 1981 | 10,699 units per square kilometre | +5.6% |
| 1982 | 11,033 units per square kilometre | +3.1% |
| 1983 | 12,388 units per square kilometre | +12.3% |
| 1984 | 13,400 units per square kilometre | +8.2% |
| 1985 | 14,523 units per square kilometre | +8.4% |
| 1986 | 13,904 units per square kilometre | -4.3% |
| 1987 | 16,366 units per square kilometre | +17.7% |
| 1988 | 23,547 units per square kilometre | +43.9% |
| 1989 | 29,276 units per square kilometre | +24.3% |
| 1990 | 37,924 units per square kilometre | +29.5% |
| 1991 | 53,480 units per square kilometre | +41.0% |
| 1992 | 87,040 units per square kilometre | +62.8% |
| 1993 | 136,612 units per square kilometre | +57.0% |
| 1994 | 195,922 units per square kilometre | +43.4% |
| 1995 | 227,839 units per square kilometre | +16.3% |
| 1996 | 258,657 units per square kilometre | +13.5% |
| 1997 | 302,050 units per square kilometre | +16.8% |
| 1998 | 359,366 units per square kilometre | +19.0% |
| 1999 | 440,096 units per square kilometre | +22.5% |
| 2000 | 713,335 units per square kilometre | +62.1% |
| 2001 | 889,563 units per square kilometre | +24.7% |
| 2002 | 990,983 units per square kilometre | +11.4% |
| 2003 | 1.10 million units per square kilometre | +11.5% |
| 2004 | 1.32 million units per square kilometre | +19.1% |
| 2005 | 1.67 million units per square kilometre | +27.1% |
| 2006 | 2.00 million units per square kilometre | +19.7% |
| 2007 | 3.47 million units per square kilometre | +73.6% |
| 2008 | 5.14 million units per square kilometre | +47.8% |
Nigeria compared with similar countries
- Nigeria's 5.14 million units per square kilometre is above the median for lower middle income countries, which is 1.39 million units per square kilometre, 3.7× the median. (43 countries reporting)
- Nigeria's 5.14 million units per square kilometre is above the median for Sub-Saharan Africa, which is 4.40 million units per square kilometre, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 349.16 units per square kilometre | 251.88 units per square kilometre | 491.12 units per square kilometre | 9 |
| 1970s | 3,000 units per square kilometre | 705.56 units per square kilometre | 6,749 units per square kilometre | 10 |
| 1980s | 15,527 units per square kilometre | 10,131 units per square kilometre | 29,276 units per square kilometre | 10 |
| 1990s | 209,899 units per square kilometre | 37,924 units per square kilometre | 440,096 units per square kilometre | 10 |
| 2000s | 1.92 million units per square kilometre | 713,335 units per square kilometre | 5.14 million units per square kilometre | 9 |
Countries ranked near Nigeria
- 53 Israel 5.89 million units per square kilometre compare
- 54 Rwanda 5.24 million units per square kilometre compare
- 55 Trinidad and Tobago 5.20 million units per square kilometre compare
- 57 Congo 4.96 million units per square kilometre compare
- 58 Bangladesh 4.92 million units per square kilometre compare
- 59 Madagascar 4.89 million units per square kilometre 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 money (depository corporations survey, domestic currency), per square in Nigeria?
- Money (depository corporations survey, domestic currency), per square in Nigeria was 5.14 million units per square kilometre in 2008, according to Statizoid (derived).
- What is the highest money (depository corporations survey, domestic currency), per square recorded in Nigeria?
- The highest recorded value was 5.14 million units per square kilometre in 2008.
- What is the lowest money (depository corporations survey, domestic currency), per square recorded in Nigeria?
- The lowest recorded value was 251.88 units per square kilometre in 1961.
- How does Nigeria rank for money (depository corporations survey, domestic currency), per square?
- Nigeria ranks 56th out of 158 countries with data for 2008.
- Is money (depository corporations survey, domestic currency), per square rising or falling in Nigeria?
- Over the last ten years it is up 1,329.3%. 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 Money (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
Money (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.
Money (Depository Corporations Survey, Domestic currency) ÷ Land area (sq. km)
Computed from
- Money 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
Money (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.