Net foreign assets (current LCU), annual growth rate in Nigeria
Nigeria: Net foreign assets (current LCU), annual growth rate was -59.35 % change on previous year in 2022. β Volatile
Net foreign assets (current LCU), annual growth rate in Nigeria, 1961β2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded -59.35 % change on previous year for net foreign assets (current lcu), annual growth rate in 2022.
The figure is down 1,611.1% on the previous year and down 290.3% over ten years.
Over the whole period, net foreign assets (current lcu), annual growth rate in Nigeria peaked at 744.69 % change on previous year in 1974 and was at its lowest, -150.81 % change on previous year, in 1994.
Nigeria ranks 183rd of 186 countries on this measure, 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 |
|---|---|---|---|---|
| 1960s | -4.06 % change on previous year | -59.91 % change on previous year | 44.22 % change on previous year | 9 |
| 1970s | 100.59 % change on previous year | -50.85 % change on previous year | 744.69 % change on previous year | 10 |
| 1980s | 38.6 % change on previous year | -58.64 % change on previous year | 145.79 % change on previous year | 10 |
| 1990s | 39.54 % change on previous year | -150.81 % change on previous year | 217.97 % change on previous year | 9 |
| 2000s | 31.8 % change on previous year | -15.23 % change on previous year | 92.6 % change on previous year | 10 |
| 2010s | 2.41 % change on previous year | -49.79 % change on previous year | 47.47 % change on previous year | 10 |
| 2020s | -1.57 % change on previous year | -59.35 % change on previous year | 50.72 % change on previous year | 3 |
Countries ranked near Nigeria
- 180 Bahrain, Kingdom of -42.67 % change on previous year compare
- 181 Sudan -44.94 % change on previous year compare
- 182 Sierra Leone -56.95 % change on previous year compare
- 184 Central African Republic -79.02 % change on previous year compare
- 185 Vietnam -100.02 % change on previous year compare
- 186 Chad -138.12 % change on previous year compare
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 foreign assets (current lcu), annual growth rate in Nigeria?
- Net foreign assets (current lcu), annual growth rate in Nigeria was -59.35 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), annual growth rate recorded in Nigeria?
- The highest recorded value was 744.69 % change on previous year in 1974.
- What is the lowest net foreign assets (current lcu), annual growth rate recorded in Nigeria?
- The lowest recorded value was -150.81 % change on previous year in 1994.
- How does Nigeria rank for net foreign assets (current lcu), annual growth rate?
- Nigeria ranks 183rd out of 186 countries with data for 2022.
- Is net foreign assets (current lcu), annual growth rate rising or falling in Nigeria?
- Over the last ten years it is down 290.3%. 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 foreign assets (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 61 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net foreign assets (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
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
The year-on-year percentage change in Net foreign assets (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.