Net domestic credit (current LCU), per square kilometre in Nigeria
Nigeria: Net domestic credit (current LCU), per square kilometre was 72.60 million current LCU per square kilometre in 2022. ◆ Volatile
Latest (2022)
72.60 million current LCU per square kilometre
Change on year
up 35.8%
World rank
34th
of 185 countries
All-time high
72.60 million current LCU per square kilometre
in 2022
All-time low
-344.76 current LCU per square kilometre
in 1974
Years of data
62
1961–2022
Net domestic credit (current LCU), per square kilometre in Nigeria, 1961–2022
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2022, net domestic credit (current lcu), per square kilometre in Nigeria stood at 72.60 million current LCU per square kilometre. That is the highest value across all 62 years on record.
Compared with earlier readings it is up 35.8% on the previous year and up 355.5% over ten years.
Over the whole period, net domestic credit (current lcu), per square kilometre in Nigeria peaked at 72.60 million current LCU per square kilometre in 2022 and was at its lowest, -344.76 current LCU per square kilometre, in 1974.
Nigeria ranks 34th of 185 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), per square kilometre in Nigeria, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 115.95 current LCU per square kilometre | — |
| 1962 | 216.74 current LCU per square kilometre | +86.9% |
| 1963 | 290.19 current LCU per square kilometre | +33.9% |
| 1964 | 370.46 current LCU per square kilometre | +27.7% |
| 1965 | 399.99 current LCU per square kilometre | +8.0% |
| 1966 | 501.77 current LCU per square kilometre | +25.4% |
| 1967 | 539.32 current LCU per square kilometre | +7.5% |
| 1968 | 681.4 current LCU per square kilometre | +26.3% |
| 1969 | 903.08 current LCU per square kilometre | +32.5% |
| 1970 | 1,254 current LCU per square kilometre | +38.8% |
| 1971 | 1,237 current LCU per square kilometre | -1.3% |
| 1972 | 1,399 current LCU per square kilometre | +13.0% |
| 1973 | 1,385 current LCU per square kilometre | -1.0% |
| 1974 | -344.76 current LCU per square kilometre | -124.9% |
| 1975 | 1,118 current LCU per square kilometre | -424.2% |
| 1976 | 3,228 current LCU per square kilometre | +188.8% |
| 1977 | 6,529 current LCU per square kilometre | +102.2% |
| 1978 | 8,544 current LCU per square kilometre | +30.9% |
| 1979 | 9,545 current LCU per square kilometre | +11.7% |
| 1980 | 11,783 current LCU per square kilometre | +23.4% |
| 1981 | 17,327 current LCU per square kilometre | +47.0% |
| 1982 | 23,636 current LCU per square kilometre | +36.4% |
| 1983 | 30,422 current LCU per square kilometre | +28.7% |
| 1984 | 33,456 current LCU per square kilometre | +10.0% |
| 1985 | 35,047 current LCU per square kilometre | +4.8% |
| 1986 | 40,031 current LCU per square kilometre | +14.2% |
| 1987 | 44,260 current LCU per square kilometre | +10.6% |
| 1988 | 55,724 current LCU per square kilometre | +25.9% |
| 1989 | 50,529 current LCU per square kilometre | -9.3% |
| 1990 | 67,706 current LCU per square kilometre | +34.0% |
| 1991 | 77,526 current LCU per square kilometre | +14.5% |
| 1992 | 187,831 current LCU per square kilometre | +142.3% |
| 1993 | 308,155 current LCU per square kilometre | +64.1% |
| 1994 | 482,135 current LCU per square kilometre | +56.5% |
| 1995 | 520,835 current LCU per square kilometre | +8.0% |
| 1996 | 407,434 current LCU per square kilometre | -21.8% |
| 1997 | 401,716 current LCU per square kilometre | -1.4% |
| 1998 | 562,700 current LCU per square kilometre | +40.1% |
| 1999 | 693,929 current LCU per square kilometre | +23.3% |
| 2000 | 518,256 current LCU per square kilometre | -25.3% |
| 2001 | 1.04 million current LCU per square kilometre | +100.8% |
| 2002 | 1.53 million current LCU per square kilometre | +47.1% |
| 2003 | 2.03 million current LCU per square kilometre | +33.0% |
| 2004 | 1.50 million current LCU per square kilometre | -26.3% |
| 2005 | 1.39 million current LCU per square kilometre | -7.2% |
| 2006 | 1.01 million current LCU per square kilometre | -27.5% |
| 2007 | 4.12 million current LCU per square kilometre | +308.2% |
| 2008 | 6.66 million current LCU per square kilometre | +61.8% |
| 2009 | 9.69 million current LCU per square kilometre | +45.5% |
| 2010 | 10.54 million current LCU per square kilometre | +8.8% |
| 2011 | 14.84 million current LCU per square kilometre | +40.7% |
| 2012 | 15.94 million current LCU per square kilometre | +7.4% |
| 2013 | 18.82 million current LCU per square kilometre | +18.1% |
| 2014 | 20.64 million current LCU per square kilometre | +9.7% |
| 2015 | 23.42 million current LCU per square kilometre | +13.5% |
| 2016 | 29.46 million current LCU per square kilometre | +25.8% |
| 2017 | 28.50 million current LCU per square kilometre | -3.3% |
| 2018 | 31.24 million current LCU per square kilometre | +9.6% |
| 2019 | 40.31 million current LCU per square kilometre | +29.0% |
| 2020 | 45.44 million current LCU per square kilometre | +12.7% |
| 2021 | 53.45 million current LCU per square kilometre | +17.6% |
| 2022 | 72.60 million current LCU per square kilometre | +35.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 446.55 current LCU per square kilometre | 115.95 current LCU per square kilometre | 903.08 current LCU per square kilometre | 9 |
| 1970s | 3,389 current LCU per square kilometre | -344.76 current LCU per square kilometre | 9,545 current LCU per square kilometre | 10 |
| 1980s | 34,222 current LCU per square kilometre | 11,783 current LCU per square kilometre | 55,724 current LCU per square kilometre | 10 |
| 1990s | 370,997 current LCU per square kilometre | 67,706 current LCU per square kilometre | 693,929 current LCU per square kilometre | 10 |
| 2000s | 2.95 million current LCU per square kilometre | 518,256 current LCU per square kilometre | 9.69 million current LCU per square kilometre | 10 |
| 2010s | 23.37 million current LCU per square kilometre | 10.54 million current LCU per square kilometre | 40.31 million current LCU per square kilometre | 10 |
| 2020s | 57.16 million current LCU per square kilometre | 45.44 million current LCU per square kilometre | 72.60 million current LCU per square kilometre | 3 |
Countries ranked near Nigeria
- 31 India 84.08 million current LCU per square kilometre compare
- 32 Israel 81.12 million current LCU per square kilometre compare
- 33 Comoros 79.10 million current LCU per square kilometre compare
- 35 Lao People's Democratic Republic 68.08 million current LCU per square kilometre compare
- 36 Czechia 65.92 million current LCU per square kilometre compare
- 37 Dominican Republic 62.43 million current LCU per square kilometre compare
More financial sector data for Nigeria
- Total reserves in months of imports, annual growth rate -1.26 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 6.98 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0966 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 118.25 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 6.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 132.23 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 8.47 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 141.49 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), per square kilometre in Nigeria?
- Net domestic credit (current lcu), per square kilometre in Nigeria was 72.60 million current LCU per square kilometre in 2022, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), per square kilometre recorded in Nigeria?
- The highest recorded value was 72.60 million current LCU per square kilometre in 2022.
- What is the lowest net domestic credit (current lcu), per square kilometre recorded in Nigeria?
- The lowest recorded value was -344.76 current LCU per square kilometre in 1974.
- How does Nigeria rank for net domestic credit (current lcu), per square kilometre?
- Nigeria ranks 34th out of 185 countries with data for 2022.
- Is net domestic credit (current lcu), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 355.5%. 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 Net domestic credit (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net domestic credit (current LCU) ÷ Land area (sq. km)
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
- 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
Net domestic credit (current LCU) 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.