Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria

Nigeria: Money, Seasonally adjusted (Depository Corporations Survey, Domestic) was 44.25 % change on previous year in 2008. ◆ Volatile

Latest (2008)
44.25 % change on previous year
Change on year
down 38.8%
World rank
6th
of 157 countries
All-time high
77.2 % change on previous year
in 1974
All-time low
-8.87 % change on previous year
in 1967
Years of data
44
1965–2008

Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria, 1965–2008

0204060801965198620081965: 3.5 % change on previous year1966: 9.5 % change on previous year1967: -8.9 % change on previous year1968: 5.8 % change on previous year1969: 33.5 % change on previous year1970: 44.8 % change on previous year1971: 4.7 % change on previous year1972: 12 % change on previous year1973: 24.5 % change on previous year1974: 77.2 % change on previous year1975: 51.7 % change on previous year1976: 50.8 % change on previous year1977: 44.4 % change on previous year1978: -6.8 % change on previous year1979: 19.1 % change on previous year1980: 49.1 % change on previous year1981: 5.2 % change on previous year1982: 3.2 % change on previous year1983: 12.7 % change on previous year1984: 9 % change on previous year1985: 8.8 % change on previous year1986: -4.1 % change on previous year1987: 18.2 % change on previous year1988: 44.9 % change on previous year1989: 25.2 % change on previous year1990: 30 % change on previous year1991: 41.6 % change on previous year1992: 57.7 % change on previous year1993: 57.3 % change on previous year1994: 44.3 % change on previous year1995: 17.3 % change on previous year1996: 14.6 % change on previous year1997: 17.7 % change on previous year1998: 19.7 % change on previous year1999: 23.3 % change on previous year2000: 62.8 % change on previous year2001: 26.5 % change on previous year2002: 11.3 % change on previous year2003: 11.6 % change on previous year2004: 18.9 % change on previous year2005: 27 % change on previous year2006: 19.2 % change on previous year2007: 72.3 % change on previous year2008: 44.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for money, seasonally adjusted (depository corporations survey, domestic) in Nigeria is 44.25 % change on previous year, measured in 2008.

Compared with earlier readings it is down 38.8% on the previous year and up 124.5% over ten years.

Over the whole period, money, seasonally adjusted (depository corporations survey, domestic) in Nigeria peaked at 77.2 % change on previous year in 1974 and was at its lowest, -8.87 % change on previous year, in 1967.

Nigeria ranks 6th of 157 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria, year by year

Annual values for Money, Seasonally adjusted (Depository Corporations Survey, Domestic currency), annual growth rate in Nigeria, 1965 to 2008.
Year % change on previous year Change
1965 3.53 % change on previous year
1966 9.54 % change on previous year +170.4%
1967 -8.87 % change on previous year -192.9%
1968 5.75 % change on previous year -164.9%
1969 33.5 % change on previous year +482.1%
1970 44.8 % change on previous year +33.7%
1971 4.68 % change on previous year -89.5%
1972 11.95 % change on previous year +155.3%
1973 24.45 % change on previous year +104.6%
1974 77.2 % change on previous year +215.7%
1975 51.65 % change on previous year -33.1%
1976 50.78 % change on previous year -1.7%
1977 44.38 % change on previous year -12.6%
1978 -6.8 % change on previous year -115.3%
1979 19.13 % change on previous year -381.3%
1980 49.11 % change on previous year +156.7%
1981 5.22 % change on previous year -89.4%
1982 3.22 % change on previous year -38.3%
1983 12.7 % change on previous year +295.1%
1984 8.99 % change on previous year -29.2%
1985 8.8 % change on previous year -2.2%
1986 -4.08 % change on previous year -146.4%
1987 18.17 % change on previous year -544.9%
1988 44.85 % change on previous year +146.9%
1989 25.18 % change on previous year -43.9%
1990 30.05 % change on previous year +19.3%
1991 41.57 % change on previous year +38.4%
1992 57.73 % change on previous year +38.9%
1993 57.35 % change on previous year -0.7%
1994 44.29 % change on previous year -22.8%
1995 17.25 % change on previous year -61.0%
1996 14.57 % change on previous year -15.6%
1997 17.74 % change on previous year +21.8%
1998 19.71 % change on previous year +11.1%
1999 23.28 % change on previous year +18.1%
2000 62.82 % change on previous year +169.8%
2001 26.54 % change on previous year -57.7%
2002 11.3 % change on previous year -57.4%
2003 11.55 % change on previous year +2.2%
2004 18.87 % change on previous year +63.4%
2005 26.99 % change on previous year +43.0%
2006 19.17 % change on previous year -29.0%
2007 72.25 % change on previous year +276.9%
2008 44.25 % change on previous year -38.8%

Nigeria compared with similar countries

  • Nigeria's 44.25 % change on previous year is above the median for lower middle income countries, which is 18.79 % change on previous year, 2.4× the median. (42 countries reporting)
  • Nigeria's 44.25 % change on previous year is above the median for Sub-Saharan Africa, which is 19.97 % change on previous year, 2.2× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Money, Seasonally adjusted (Depository Corporations Survey, Domestic) 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.

YearChange FromTo
1987 +544.9% -4.08 % change on previous year 18.17 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.69 % change on previous year -8.87 % change on previous year 33.5 % change on previous year 5
1970s 32.22 % change on previous year -6.8 % change on previous year 77.2 % change on previous year 10
1980s 17.22 % change on previous year -4.08 % change on previous year 49.11 % change on previous year 10
1990s 32.35 % change on previous year 14.57 % change on previous year 57.73 % change on previous year 10
2000s 32.64 % change on previous year 11.3 % change on previous year 72.25 % change on previous year 9

Countries ranked near Nigeria

  1. 3 Sao Tome and Principe 76.51 % change on previous year compare
  2. 4 Venezuela, Bolivarian Republic of 72.84 % change on previous year compare
  3. 5 Bhutan 44.6 % change on previous year compare
  4. 7 Azerbaijan 40.29 % change on previous year compare
  5. 8 Trinidad and Tobago 39.25 % change on previous year compare
  6. 9 Maldives 38.27 % change on previous year compare

See the full ranking of 160 places →

More financial sector data for Nigeria

All data for Nigeria →

Frequently asked questions

What is money, seasonally adjusted (depository corporations survey, domestic) in Nigeria?
Money, seasonally adjusted (depository corporations survey, domestic) in Nigeria was 44.25 % change on previous year in 2008, according to Statizoid (derived).
What is the highest money, seasonally adjusted (depository corporations survey, domestic) recorded in Nigeria?
The highest recorded value was 77.2 % change on previous year in 1974.
What is the lowest money, seasonally adjusted (depository corporations survey, domestic) recorded in Nigeria?
The lowest recorded value was -8.87 % change on previous year in 1967.
How does Nigeria rank for money, seasonally adjusted (depository corporations survey, domestic)?
Nigeria ranks 6th out of 157 countries with data for 2008.
Is money, seasonally adjusted (depository corporations survey, domestic) rising or falling in Nigeria?
Over the last ten years it is up 124.5%. 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 Money, Seasonally adjusted (Depository Corporations Survey, Domestic currency), annual growth rate. Statizoid updates them automatically from the source API.

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Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/stat/money-seasonally-adjusted-depository-corporations-survey-domestic-currency-annual-growth/nigeria/

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<a href="https://financial-sector.statizoid.com/stat/money-seasonally-adjusted-depository-corporations-survey-domestic-currency-annual-growth/nigeria/">Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Money, Seasonally adjusted (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Money, Seasonally adjusted (Depository Corporations Survey, Domestic currency), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 6,102 data points, 1951–2023
Last refreshed

The year-on-year percentage change in Money, Seasonally adjusted (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.