Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria
Nigeria: Money, Seasonally adjusted (Depository Corporations Survey, Domestic) was 13.5 units per US$ of GDP in 2008. ◆ Volatile
Money, Seasonally adjusted (Depository Corporations Survey, Domestic) in Nigeria, 1964–2008
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
Nigeria recorded 13.5 units per US$ of GDP for money, seasonally adjusted (depository corporations survey, domestic) in 2008. That is the highest value across all 45 years on record.
That represents a change of up 18.2% on the previous year and up 807.0% over ten years.
Over the whole period, money, seasonally adjusted (depository corporations survey, domestic) in Nigeria peaked at 13.5 units per US$ of GDP in 2008 and was at its lowest, 0.0492 units per US$ of GDP, in 1970.
That places Nigeria 59th out of 154 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 US$ of GDP | Change |
|---|---|---|
| 1964 | 0.0527 units per US$ of GDP | — |
| 1965 | 0.0515 units per US$ of GDP | -2.1% |
| 1966 | 0.0521 units per US$ of GDP | +1.1% |
| 1967 | 0.0581 units per US$ of GDP | +11.5% |
| 1968 | 0.0615 units per US$ of GDP | +5.8% |
| 1969 | 0.0643 units per US$ of GDP | +4.7% |
| 1970 | 0.0492 units per US$ of GDP | -23.4% |
| 1971 | 0.0704 units per US$ of GDP | +43.0% |
| 1972 | 0.059 units per US$ of GDP | -16.3% |
| 1973 | 0.0594 units per US$ of GDP | +0.7% |
| 1974 | 0.0643 units per US$ of GDP | +8.1% |
| 1975 | 0.0872 units per US$ of GDP | +35.6% |
| 1976 | 0.1006 units per US$ of GDP | +15.4% |
| 1977 | 0.1463 units per US$ of GDP | +45.5% |
| 1978 | 0.1345 units per US$ of GDP | -8.1% |
| 1979 | 0.1239 units per US$ of GDP | -7.9% |
| 1980 | 0.136 units per US$ of GDP | +9.8% |
| 1981 | 0.0558 units per US$ of GDP | -58.9% |
| 1982 | 0.0664 units per US$ of GDP | +18.9% |
| 1983 | 0.11 units per US$ of GDP | +65.7% |
| 1984 | 0.1585 units per US$ of GDP | +44.0% |
| 1985 | 0.1718 units per US$ of GDP | +8.4% |
| 1986 | 0.2217 units per US$ of GDP | +29.1% |
| 1987 | 0.2726 units per US$ of GDP | +22.9% |
| 1988 | 0.419 units per US$ of GDP | +53.7% |
| 1989 | 0.5918 units per US$ of GDP | +41.2% |
| 1990 | 0.6267 units per US$ of GDP | +5.9% |
| 1991 | 0.8054 units per US$ of GDP | +28.5% |
| 1992 | 1.45 units per US$ of GDP | +80.4% |
| 1993 | 2.1 units per US$ of GDP | +44.4% |
| 1994 | 2.14 units per US$ of GDP | +1.8% |
| 1995 | 1.43 units per US$ of GDP | -33.1% |
| 1996 | 1.24 units per US$ of GDP | -13.1% |
| 1997 | 1.35 units per US$ of GDP | +8.9% |
| 1998 | 1.49 units per US$ of GDP | +10.1% |
| 1999 | 6.78 units per US$ of GDP | +355.3% |
| 2000 | 9.43 units per US$ of GDP | +39.2% |
| 2001 | 11.23 units per US$ of GDP | +19.0% |
| 2002 | 9.67 units per US$ of GDP | -13.9% |
| 2003 | 9.79 units per US$ of GDP | +1.2% |
| 2004 | 8.98 units per US$ of GDP | -8.3% |
| 2005 | 8.81 units per US$ of GDP | -1.9% |
| 2006 | 7.73 units per US$ of GDP | -12.2% |
| 2007 | 11.42 units per US$ of GDP | +47.6% |
| 2008 | 13.5 units per US$ of GDP | +18.2% |
Nigeria compared with similar countries
- Nigeria's 13.5 units per US$ of GDP is above the median for lower middle income countries, which is 13.3 units per US$ of GDP, 1.0× the median. (42 countries reporting)
- Nigeria's 13.5 units per US$ of GDP is below the median for Sub-Saharan Africa, which is 46.91 units per US$ of GDP, 29% of 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.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +355.3% | 1.49 units per US$ of GDP | 6.78 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0567 units per US$ of GDP | 0.0515 units per US$ of GDP | 0.0643 units per US$ of GDP | 6 |
| 1970s | 0.0895 units per US$ of GDP | 0.0492 units per US$ of GDP | 0.1463 units per US$ of GDP | 10 |
| 1980s | 0.2204 units per US$ of GDP | 0.0558 units per US$ of GDP | 0.5918 units per US$ of GDP | 10 |
| 1990s | 1.94 units per US$ of GDP | 0.6267 units per US$ of GDP | 6.78 units per US$ of GDP | 10 |
| 2000s | 10.06 units per US$ of GDP | 7.73 units per US$ of GDP | 13.5 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 money, seasonally adjusted (depository corporations survey, domestic) in Nigeria?
- Money, seasonally adjusted (depository corporations survey, domestic) in Nigeria was 13.5 units per US$ of GDP 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 13.5 units per US$ of GDP in 2008.
- What is the lowest money, seasonally adjusted (depository corporations survey, domestic) recorded in Nigeria?
- The lowest recorded value was 0.0492 units per US$ of GDP in 1970.
- How does Nigeria rank for money, seasonally adjusted (depository corporations survey, domestic)?
- Nigeria ranks 59th out of 154 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 807.0%. 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Money, Seasonally adjusted (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Money, Seasonally adjusted 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
Money, Seasonally adjusted (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.