Net foreign assets (current LCU), per unit of GDP in Nigeria
Nigeria: Net foreign assets (current LCU), per unit of GDP was 5.85 current LCU per US$ of GDP in 2022. ◆ Volatile
Net foreign assets (current LCU), per unit of GDP in Nigeria, 1960–2022
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for net foreign assets (current lcu), per unit of gdp in Nigeria is 5.85 current LCU per US$ of GDP, measured in 2022.
Compared with earlier readings it is down 61.7% on the previous year and down 68.9% over ten years.
Over the whole period, net foreign assets (current lcu), per unit of gdp in Nigeria peaked at 29.21 current LCU per US$ of GDP in 2017 and was at its lowest, -0.0542 current LCU per US$ of GDP, in 1994.
That places Nigeria 80th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0287 current LCU per US$ of GDP | 0.0106 current LCU per US$ of GDP | 0.0527 current LCU per US$ of GDP | 10 |
| 1970s | 0.0642 current LCU per US$ of GDP | 0.0122 current LCU per US$ of GDP | 0.1408 current LCU per US$ of GDP | 10 |
| 1980s | 0.0951 current LCU per US$ of GDP | 0.0074 current LCU per US$ of GDP | 0.4158 current LCU per US$ of GDP | 10 |
| 1990s | 1.62 current LCU per US$ of GDP | -0.0542 current LCU per US$ of GDP | 10.93 current LCU per US$ of GDP | 10 |
| 2000s | 20.45 current LCU per US$ of GDP | 12.95 current LCU per US$ of GDP | 26.27 current LCU per US$ of GDP | 10 |
| 2010s | 17.57 current LCU per US$ of GDP | 8.9 current LCU per US$ of GDP | 29.21 current LCU per US$ of GDP | 10 |
| 2020s | 12.03 current LCU per US$ of GDP | 5.85 current LCU per US$ of GDP | 15.28 current LCU per US$ of GDP | 3 |
Countries ranked near Nigeria
- 77 Central African Republic 6.37 current LCU per US$ of GDP compare
- 78 Dominican Republic 6.23 current LCU per US$ of GDP compare
- 79 Republic of Moldova 5.89 current LCU per US$ of GDP compare
- 81 Bangladesh 5.22 current LCU per US$ of GDP compare
- 82 Namibia 4.93 current LCU per US$ of GDP compare
- 83 Honduras 4.6 current LCU per US$ of GDP compare
More financial sector data for Nigeria
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 8.36 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
Frequently asked questions
- What is net foreign assets (current lcu), per unit of gdp in Nigeria?
- Net foreign assets (current lcu), per unit of gdp in Nigeria was 5.85 current LCU per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest net foreign assets (current lcu), per unit of gdp recorded in Nigeria?
- The highest recorded value was 29.21 current LCU per US$ of GDP in 2017.
- What is the lowest net foreign assets (current lcu), per unit of gdp recorded in Nigeria?
- The lowest recorded value was -0.0542 current LCU per US$ of GDP in 1994.
- How does Nigeria rank for net foreign assets (current lcu), per unit of gdp?
- Nigeria ranks 80th out of 186 countries with data for 2022.
- Is net foreign assets (current lcu), per unit of gdp rising or falling in Nigeria?
- Over the last ten years it is down 68.9%. 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Net foreign assets (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Net foreign assets (current LCU) ÷ GDP (current US$)
Computed from
- Net foreign assets International Financial Statistics database, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.