Net foreign assets (current LCU), per square kilometre in Nigeria
Nigeria: Net foreign assets (current LCU), per square kilometre was 4.16 million current LCU per square kilometre in 2022. ◆ Volatile
Latest (2022)
4.16 million current LCU per square kilometre
Change on year
down 59.3%
World rank
73rd
of 185 countries
All-time high
13.00 million current LCU per square kilometre
in 2018
All-time low
-4,789 current LCU per square kilometre
in 1994
Years of data
62
1961–2022
Net foreign assets (current LCU), per square kilometre in Nigeria, 1961–2022
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
The most recent figure for net foreign assets (current lcu), per square kilometre in Nigeria is 4.16 million current LCU per square kilometre, measured in 2022.
The figure is down 59.3% on the previous year and down 56.6% over ten years.
Over the whole period, net foreign assets (current lcu), per square kilometre in Nigeria peaked at 13.00 million current LCU per square kilometre in 2018 and was at its lowest, -4,789 current LCU per square kilometre, in 1994.
Nigeria ranks 73rd of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets (current LCU), per square kilometre in Nigeria, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 245.51 current LCU per square kilometre | — |
| 1962 | 223.44 current LCU per square kilometre | -9.0% |
| 1963 | 168.62 current LCU per square kilometre | -24.5% |
| 1964 | 145.12 current LCU per square kilometre | -13.9% |
| 1965 | 175.31 current LCU per square kilometre | +20.8% |
| 1966 | 151.19 current LCU per square kilometre | -13.8% |
| 1967 | 60.61 current LCU per square kilometre | -59.9% |
| 1968 | 87.41 current LCU per square kilometre | +44.2% |
| 1969 | 103.44 current LCU per square kilometre | +18.3% |
| 1970 | 168.66 current LCU per square kilometre | +63.0% |
| 1971 | 307.46 current LCU per square kilometre | +82.3% |
| 1972 | 267.53 current LCU per square kilometre | -13.0% |
| 1973 | 454.71 current LCU per square kilometre | +70.0% |
| 1974 | 3,841 current LCU per square kilometre | +744.7% |
| 1975 | 4,024 current LCU per square kilometre | +4.8% |
| 1976 | 3,656 current LCU per square kilometre | -9.2% |
| 1977 | 3,172 current LCU per square kilometre | -13.2% |
| 1978 | 1,559 current LCU per square kilometre | -50.9% |
| 1979 | 3,545 current LCU per square kilometre | +127.3% |
| 1980 | 6,156 current LCU per square kilometre | +73.7% |
| 1981 | 2,807 current LCU per square kilometre | -54.4% |
| 1982 | 1,161 current LCU per square kilometre | -58.6% |
| 1983 | 886.76 current LCU per square kilometre | -23.6% |
| 1984 | 1,562 current LCU per square kilometre | +76.2% |
| 1985 | 1,994 current LCU per square kilometre | +27.6% |
| 1986 | 4,901 current LCU per square kilometre | +145.8% |
| 1987 | 7,537 current LCU per square kilometre | +53.8% |
| 1988 | 8,755 current LCU per square kilometre | +16.2% |
| 1989 | 20,089 current LCU per square kilometre | +129.4% |
| 1990 | 45,364 current LCU per square kilometre | +125.8% |
| 1991 | 59,351 current LCU per square kilometre | +30.8% |
| 1992 | 10,071 current LCU per square kilometre | -83.0% |
| 1993 | 9,425 current LCU per square kilometre | -6.4% |
| 1994 | -4,789 current LCU per square kilometre | -150.8% |
| 1995 | 67,206 current LCU per square kilometre | -1503.4% |
| 1996 | 212,663 current LCU per square kilometre | +216.4% |
| 1997 | 208,190 current LCU per square kilometre | -2.1% |
| 1998 | 223,136 current LCU per square kilometre | +7.2% |
| 1999 | 709,513 current LCU per square kilometre | +218.0% |
| 2000 | 1.28 million current LCU per square kilometre | +80.3% |
| 2001 | 1.46 million current LCU per square kilometre | +13.8% |
| 2002 | 1.38 million current LCU per square kilometre | -5.3% |
| 2003 | 1.49 million current LCU per square kilometre | +8.1% |
| 2004 | 2.87 million current LCU per square kilometre | +92.6% |
| 2005 | 4.24 million current LCU per square kilometre | +48.0% |
| 2006 | 6.79 million current LCU per square kilometre | +60.1% |
| 2007 | 8.03 million current LCU per square kilometre | +18.1% |
| 2008 | 9.44 million current LCU per square kilometre | +17.6% |
| 2009 | 8.00 million current LCU per square kilometre | -15.2% |
| 2010 | 6.80 million current LCU per square kilometre | -15.0% |
| 2011 | 7.29 million current LCU per square kilometre | +7.2% |
| 2012 | 9.57 million current LCU per square kilometre | +31.2% |
| 2013 | 9.07 million current LCU per square kilometre | -5.2% |
| 2014 | 7.41 million current LCU per square kilometre | -18.4% |
| 2015 | 5.85 million current LCU per square kilometre | -21.1% |
| 2016 | 8.62 million current LCU per square kilometre | +47.5% |
| 2017 | 12.05 million current LCU per square kilometre | +39.8% |
| 2018 | 13.00 million current LCU per square kilometre | +7.8% |
| 2019 | 6.53 million current LCU per square kilometre | -49.8% |
| 2020 | 9.84 million current LCU per square kilometre | +50.7% |
| 2021 | 10.22 million current LCU per square kilometre | +3.9% |
| 2022 | 4.16 million current LCU per square kilometre | -59.3% |
Nigeria compared with similar countries
- Nigeria's 4.16 million current LCU per square kilometre is above the median for lower middle income countries, which is 1.68 million current LCU per square kilometre, 2.5× the median. (46 countries reporting)
- Nigeria's 4.16 million current LCU per square kilometre is above the median for Sub-Saharan Africa, which is 1.50 million current LCU per square kilometre, 2.8× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets (current LCU), per square kilometre 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 |
|---|---|---|---|
| 1995 | +1503.4% | -4,789 current LCU per square kilometre | 67,206 current LCU per square kilometre |
| 1974 | +744.7% | 454.71 current LCU per square kilometre | 3,841 current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 151.18 current LCU per square kilometre | 60.61 current LCU per square kilometre | 245.51 current LCU per square kilometre | 9 |
| 1970s | 2,100 current LCU per square kilometre | 168.66 current LCU per square kilometre | 4,024 current LCU per square kilometre | 10 |
| 1980s | 5,585 current LCU per square kilometre | 886.76 current LCU per square kilometre | 20,089 current LCU per square kilometre | 10 |
| 1990s | 154,013 current LCU per square kilometre | -4,789 current LCU per square kilometre | 709,513 current LCU per square kilometre | 10 |
| 2000s | 4.50 million current LCU per square kilometre | 1.28 million current LCU per square kilometre | 9.44 million current LCU per square kilometre | 10 |
| 2010s | 8.62 million current LCU per square kilometre | 5.85 million current LCU per square kilometre | 13.00 million current LCU per square kilometre | 10 |
| 2020s | 8.07 million current LCU per square kilometre | 4.16 million current LCU per square kilometre | 10.22 million current LCU per square kilometre | 3 |
Countries ranked near Nigeria
- 70 Antigua and Barbuda 5.13 million current LCU per square kilometre compare
- 71 Cameroon 4.98 million current LCU per square kilometre compare
- 72 Ireland 4.35 million current LCU per square kilometre compare
- 74 Belgium 4.14 million current LCU per square kilometre compare
- 75 Saint Lucia 3.81 million current LCU per square kilometre compare
- 76 Algeria 3.74 million current LCU per square kilometre compare
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 net foreign assets (current lcu), per square kilometre in Nigeria?
- Net foreign assets (current lcu), per square kilometre in Nigeria was 4.16 million current LCU per square kilometre in 2022, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per square kilometre recorded in Nigeria?
- The highest recorded value was 13.00 million current LCU per square kilometre in 2018.
- What is the lowest net foreign assets (current lcu), per square kilometre recorded in Nigeria?
- The lowest recorded value was -4,789 current LCU per square kilometre in 1994.
- How does Nigeria rank for net foreign assets (current lcu), per square kilometre?
- Nigeria ranks 73rd out of 185 countries with data for 2022.
- Is net foreign assets (current lcu), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is down 56.6%. 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 foreign assets (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 foreign assets (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 foreign assets (current LCU) ÷ Land area (sq. km)
Computed from
- Net foreign assets 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 foreign assets (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.