Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria
Nigeria: Money, Seasonally adjusted (Depository Corporations Survey, Domestic) was 5.03 million units per square kilometre in 2008. ◆ Volatile
Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria, 1964–2008
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
In 2008, money, seasonally adjusted (depository corporations survey, domestic) in Nigeria stood at 5.03 million units per square kilometre. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 44.2% on the previous year and up 1,309.7% over ten years.
Over the whole period, money, seasonally adjusted (depository corporations survey, domestic) in Nigeria peaked at 5.03 million units per square kilometre in 2008 and was at its lowest, 321.1 units per square kilometre, in 1964.
That places Nigeria 52nd out of 153 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, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1964 | 321.1 units per square kilometre | — |
| 1965 | 332.43 units per square kilometre | +3.5% |
| 1966 | 364.16 units per square kilometre | +9.5% |
| 1967 | 331.86 units per square kilometre | -8.9% |
| 1968 | 350.96 units per square kilometre | +5.8% |
| 1969 | 468.52 units per square kilometre | +33.5% |
| 1970 | 678.42 units per square kilometre | +44.8% |
| 1971 | 710.18 units per square kilometre | +4.7% |
| 1972 | 795.07 units per square kilometre | +12.0% |
| 1973 | 989.5 units per square kilometre | +24.5% |
| 1974 | 1,753 units per square kilometre | +77.2% |
| 1975 | 2,659 units per square kilometre | +51.7% |
| 1976 | 4,009 units per square kilometre | +50.8% |
| 1977 | 5,789 units per square kilometre | +44.4% |
| 1978 | 5,395 units per square kilometre | -6.8% |
| 1979 | 6,428 units per square kilometre | +19.1% |
| 1980 | 9,584 units per square kilometre | +49.1% |
| 1981 | 10,084 units per square kilometre | +5.2% |
| 1982 | 10,409 units per square kilometre | +3.2% |
| 1983 | 11,731 units per square kilometre | +12.7% |
| 1984 | 12,786 units per square kilometre | +9.0% |
| 1985 | 13,911 units per square kilometre | +8.8% |
| 1986 | 13,343 units per square kilometre | -4.1% |
| 1987 | 15,767 units per square kilometre | +18.2% |
| 1988 | 22,840 units per square kilometre | +44.9% |
| 1989 | 28,590 units per square kilometre | +25.2% |
| 1990 | 37,180 units per square kilometre | +30.0% |
| 1991 | 52,637 units per square kilometre | +41.6% |
| 1992 | 83,024 units per square kilometre | +57.7% |
| 1993 | 130,636 units per square kilometre | +57.3% |
| 1994 | 188,499 units per square kilometre | +44.3% |
| 1995 | 221,020 units per square kilometre | +17.3% |
| 1996 | 253,219 units per square kilometre | +14.6% |
| 1997 | 298,148 units per square kilometre | +17.7% |
| 1998 | 356,913 units per square kilometre | +19.7% |
| 1999 | 440,008 units per square kilometre | +23.3% |
| 2000 | 716,427 units per square kilometre | +62.8% |
| 2001 | 906,587 units per square kilometre | +26.5% |
| 2002 | 1.01 million units per square kilometre | +11.3% |
| 2003 | 1.13 million units per square kilometre | +11.6% |
| 2004 | 1.34 million units per square kilometre | +18.9% |
| 2005 | 1.70 million units per square kilometre | +27.0% |
| 2006 | 2.02 million units per square kilometre | +19.2% |
| 2007 | 3.49 million units per square kilometre | +72.3% |
| 2008 | 5.03 million units per square kilometre | +44.2% |
Nigeria compared with similar countries
- Nigeria's 5.03 million units per square kilometre is above the median for lower middle income countries, which is 1.30 million units per square kilometre, 3.9× the median. (42 countries reporting)
- Nigeria's 5.03 million units per square kilometre is above the median for Sub-Saharan Africa, which is 4.04 million units per square kilometre, 1.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 361.5 units per square kilometre | 321.1 units per square kilometre | 468.52 units per square kilometre | 6 |
| 1970s | 2,921 units per square kilometre | 678.42 units per square kilometre | 6,428 units per square kilometre | 10 |
| 1980s | 14,905 units per square kilometre | 9,584 units per square kilometre | 28,590 units per square kilometre | 10 |
| 1990s | 206,128 units per square kilometre | 37,180 units per square kilometre | 440,008 units per square kilometre | 10 |
| 2000s | 1.93 million units per square kilometre | 716,427 units per square kilometre | 5.03 million units per square kilometre | 9 |
Countries ranked near Nigeria
- 49 Zambia 6.14 million units per square kilometre compare
- 50 Israel 5.75 million units per square kilometre compare
- 51 Rwanda 5.30 million units per square kilometre compare
- 53 Congo 4.94 million units per square kilometre compare
- 54 Madagascar 4.81 million units per square kilometre compare
- 55 Trinidad and Tobago 4.80 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, seasonally adjusted (depository corporations survey, domestic) in Nigeria?
- Money, seasonally adjusted (depository corporations survey, domestic) in Nigeria was 5.03 million units per square kilometre 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 5.03 million units per square kilometre in 2008.
- What is the lowest money, seasonally adjusted (depository corporations survey, domestic) recorded in Nigeria?
- The lowest recorded value was 321.1 units per square kilometre in 1964.
- How does Nigeria rank for money, seasonally adjusted (depository corporations survey, domestic)?
- Nigeria ranks 52nd out of 153 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 1,309.7%. 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), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Money, Seasonally adjusted (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, Seasonally adjusted (Depository Corporations Survey, Domestic currency) ÷ Land area (sq. km)
Computed from
- Money, Seasonally adjusted 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, Seasonally adjusted (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.