Net errors and omissions, Net (credits less debits), Adjusted using in Nigeria
Nigeria: Net errors and omissions, Net (credits less debits), Adjusted using was -3.59 billion in 2024. β Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Nigeria, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Nigeria stood at -3.59 billion.
That represents a change of up 85.5% on the previous year and up 72.8% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Nigeria peaked at 20.77 billion in 2015 and was at its lowest, -26.73 billion, in 2013.
That places Nigeria 180th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -19.21 billion | -26.38 billion | -14.40 billion | 5 |
| 2010s | -9.34 billion | -26.73 billion | 20.77 billion | 10 |
| 2020s | -4.43 billion | -24.73 billion | 13.58 billion | 5 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Domestic credit to private sector by banks 13.1% (2023)
- Total reserves in months of imports 7.12 (2025)
- Net domestic credit 66.12 trillion current LCU (2022)
- Net foreign assets 3.79 trillion current LCU (2022)
- Monetary Sector credit to private sector 9.6% (2022)
- Broad money 25.1% (2023)
- Claims on central government, etc. 8.6% (2022)
- Domestic credit to private sector 9.6% (2022)
- Official exchange rate 1,518 LCU per US$, period average (2025)
- Net migration -15,258 (2025)
Frequently asked questions
- What is net errors and omissions, net (credits less debits), adjusted using in Nigeria?
- Net errors and omissions, net (credits less debits), adjusted using in Nigeria was -3.59 billion in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Nigeria?
- The highest recorded value was 20.77 billion in 2015.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Nigeria?
- The lowest recorded value was -26.73 billion in 2013.
- How does Nigeria rank for net errors and omissions, net (credits less debits), adjusted using?
- Nigeria ranks 180th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Nigeria?
- Over the last ten years it is up 72.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.