Net domestic credit (current LCU), per capita in Nigeria
Nigeria: Net domestic credit (current LCU), per capita was 296,323 current LCU per person in 2022. ◆ Volatile
Net domestic credit (current LCU), per capita in Nigeria, 1960–2022
Source: Statizoid (derived). Measured in current LCU per person.
Analysis
The most recent figure for net domestic credit (current lcu), per capita in Nigeria is 296,323 current LCU per person, measured in 2022. That is the highest value across all 63 years on record.
The figure is up 33.0% on the previous year and up 259.6% over ten years.
Over the whole period, net domestic credit (current lcu), per capita in Nigeria peaked at 296,323 current LCU per person in 2022 and was at its lowest, -5.09 current LCU per person, in 1974.
That places Nigeria 57th out of 186 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per capita in Nigeria, year by year
| Year | current LCU per person | Change |
|---|---|---|
| 1960 | 1.19 current LCU per person | — |
| 1961 | 2.3 current LCU per person | +93.4% |
| 1962 | 4.2 current LCU per person | +83.0% |
| 1963 | 5.51 current LCU per person | +31.1% |
| 1964 | 6.88 current LCU per person | +25.0% |
| 1965 | 7.27 current LCU per person | +5.7% |
| 1966 | 8.93 current LCU per person | +22.7% |
| 1967 | 9.39 current LCU per person | +5.2% |
| 1968 | 11.61 current LCU per person | +23.6% |
| 1969 | 15.06 current LCU per person | +29.6% |
| 1970 | 20.43 current LCU per person | +35.7% |
| 1971 | 19.7 current LCU per person | -3.6% |
| 1972 | 21.74 current LCU per person | +10.4% |
| 1973 | 20.99 current LCU per person | -3.5% |
| 1974 | -5.09 current LCU per person | -124.3% |
| 1975 | 16.06 current LCU per person | -415.4% |
| 1976 | 45.06 current LCU per person | +180.6% |
| 1977 | 88.44 current LCU per person | +96.3% |
| 1978 | 112.24 current LCU per person | +26.9% |
| 1979 | 121.59 current LCU per person | +8.3% |
| 1980 | 145.49 current LCU per person | +19.7% |
| 1981 | 207.46 current LCU per person | +42.6% |
| 1982 | 274.65 current LCU per person | +32.4% |
| 1983 | 344.46 current LCU per person | +25.4% |
| 1984 | 369.22 current LCU per person | +7.2% |
| 1985 | 375.98 current LCU per person | +1.8% |
| 1986 | 417.94 current LCU per person | +11.2% |
| 1987 | 449.94 current LCU per person | +7.7% |
| 1988 | 551.53 current LCU per person | +22.6% |
| 1989 | 486.83 current LCU per person | -11.7% |
| 1990 | 634.93 current LCU per person | +30.4% |
| 1991 | 708.07 current LCU per person | +11.5% |
| 1992 | 1,671 current LCU per person | +136.0% |
| 1993 | 2,670 current LCU per person | +59.8% |
| 1994 | 4,068 current LCU per person | +52.4% |
| 1995 | 4,280 current LCU per person | +5.2% |
| 1996 | 3,262 current LCU per person | -23.8% |
| 1997 | 3,134 current LCU per person | -3.9% |
| 1998 | 4,276 current LCU per person | +36.5% |
| 1999 | 5,136 current LCU per person | +20.1% |
| 2000 | 3,735 current LCU per person | -27.3% |
| 2001 | 7,297 current LCU per person | +95.4% |
| 2002 | 10,440 current LCU per person | +43.1% |
| 2003 | 13,507 current LCU per person | +29.4% |
| 2004 | 9,684 current LCU per person | -28.3% |
| 2005 | 8,739 current LCU per person | -9.8% |
| 2006 | 6,162 current LCU per person | -29.5% |
| 2007 | 24,463 current LCU per person | +297.0% |
| 2008 | 38,502 current LCU per person | +57.4% |
| 2009 | 54,482 current LCU per person | +41.5% |
| 2010 | 57,629 current LCU per person | +5.8% |
| 2011 | 78,856 current LCU per person | +36.8% |
| 2012 | 82,394 current LCU per person | +4.5% |
| 2013 | 94,673 current LCU per person | +14.9% |
| 2014 | 101,123 current LCU per person | +6.8% |
| 2015 | 111,872 current LCU per person | +10.6% |
| 2016 | 137,277 current LCU per person | +22.7% |
| 2017 | 129,615 current LCU per person | -5.6% |
| 2018 | 138,836 current LCU per person | +7.1% |
| 2019 | 175,262 current LCU per person | +26.2% |
| 2020 | 193,383 current LCU per person | +10.3% |
| 2021 | 222,777 current LCU per person | +15.2% |
| 2022 | 296,323 current LCU per person | +33.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.23 current LCU per person | 1.19 current LCU per person | 15.06 current LCU per person | 10 |
| 1970s | 46.12 current LCU per person | -5.09 current LCU per person | 121.59 current LCU per person | 10 |
| 1980s | 362.35 current LCU per person | 145.49 current LCU per person | 551.53 current LCU per person | 10 |
| 1990s | 2,984 current LCU per person | 634.93 current LCU per person | 5,136 current LCU per person | 10 |
| 2000s | 17,701 current LCU per person | 3,735 current LCU per person | 54,482 current LCU per person | 10 |
| 2010s | 110,754 current LCU per person | 57,629 current LCU per person | 175,262 current LCU per person | 10 |
| 2020s | 237,494 current LCU per person | 193,383 current LCU per person | 296,323 current LCU per person | 3 |
Countries ranked near Nigeria
- 54 Congo 345,680 current LCU per person compare
- 55 Dominican Republic 331,594 current LCU per person compare
- 56 Bhutan 306,653 current LCU per person compare
- 58 Togo 286,343 current LCU per person compare
- 59 Djibouti 283,043 current LCU per person compare
- 60 Nepal 258,878 current LCU per person compare
More financial sector data for Nigeria
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.36 % change on previous year (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per capita in Nigeria?
- Net domestic credit (current lcu), per capita in Nigeria was 296,323 current LCU per person in 2022, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per capita recorded in Nigeria?
- The highest recorded value was 296,323 current LCU per person in 2022.
- What is the lowest net domestic credit (current lcu), per capita recorded in Nigeria?
- The lowest recorded value was -5.09 current LCU per person in 1974.
- How does Nigeria rank for net domestic credit (current lcu), per capita?
- Nigeria ranks 57th out of 186 countries with data for 2022.
- Is net domestic credit (current lcu), per capita rising or falling in Nigeria?
- Over the last ten years it is up 259.6%. 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 Net domestic credit (current LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Net domestic credit (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ Population, total
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
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
Net domestic credit (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.