Other Items (Net) (Depository Corporations Survey, Domestic currency) in Nigeria
Nigeria: Other Items (Net) (Depository Corporations Survey, Domestic currency) was 1.62 trillion in 2008. ◆ Volatile
Other Items (Net) in Nigeria, 1959–2008
Source: International Monetary Fund.
Analysis
Nigeria recorded 1.62 trillion for other items (net) in 2008.
The figure is down 50.9% on the previous year and up 6,012.1% over ten years.
Over the whole period, other items (net) in Nigeria peaked at 3.29 trillion in 2007 and was at its lowest, -15.73 billion, in 1997.
That places Nigeria 11th out of 178 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Other Items (Net) (Depository Corporations Survey, Domestic currency) in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1959 | -10.30 million | — |
| 1960 | -10.40 million | +1.0% |
| 1961 | 5.50 million | -152.9% |
| 1962 | 17.30 million | +214.5% |
| 1963 | 26.47 million | +53.0% |
| 1964 | 4.17 million | -84.2% |
| 1965 | 21.07 million | +405.1% |
| 1966 | 35.30 million | +67.5% |
| 1967 | 65.30 million | +85.0% |
| 1968 | 145.31 million | +122.5% |
| 1969 | 193.41 million | +33.1% |
| 1970 | 239.81 million | +24.0% |
| 1971 | 264.91 million | +10.5% |
| 1972 | 196.01 million | -26.0% |
| 1973 | 173.48 million | -11.5% |
| 1974 | 443.43 million | +155.6% |
| 1975 | 467.66 million | +5.5% |
| 1976 | 341.64 million | -26.9% |
| 1977 | 884.63 million | +158.9% |
| 1978 | 1.26 billion | +41.9% |
| 1979 | 1.60 billion | +27.3% |
| 1980 | 1.37 billion | -14.5% |
| 1981 | 2.36 billion | +72.6% |
| 1982 | 4.88 billion | +106.9% |
| 1983 | 8.28 billion | +69.6% |
| 1984 | 9.35 billion | +12.9% |
| 1985 | 9.06 billion | -3.1% |
| 1986 | 15.10 billion | +66.6% |
| 1987 | 15.44 billion | +2.3% |
| 1988 | 16.85 billion | +9.1% |
| 1989 | 16.14 billion | -4.2% |
| 1990 | 38.84 billion | +140.6% |
| 1991 | 36.95 billion | -4.9% |
| 1992 | -1.82 billion | -104.9% |
| 1993 | 8.24 billion | -553.4% |
| 1994 | 78.62 billion | +853.7% |
| 1995 | 122.88 billion | +56.3% |
| 1996 | 87.79 billion | -28.6% |
| 1997 | -15.73 billion | -117.9% |
| 1998 | 26.45 billion | -268.1% |
| 1999 | 200.61 billion | +658.5% |
| 2000 | 127.77 billion | -36.3% |
| 2001 | 638.84 billion | +400.0% |
| 2002 | 678.13 billion | +6.1% |
| 2003 | 475.74 billion | -29.8% |
| 2004 | 832.37 billion | +75.0% |
| 2005 | 1.13 trillion | +35.2% |
| 2006 | 914.20 billion | -18.8% |
| 2007 | 3.29 trillion | +260.3% |
| 2008 | 1.62 trillion | -50.9% |
Nigeria compared with similar countries
- Nigeria's 1.62 trillion is above the median for lower middle income countries, which is 209.79 million, 7706.1× the median. (43 countries reporting)
- Nigeria's 1.62 trillion is above the median for Sub-Saharan Africa, which is 477.41 million, 3386.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Other Items (Net) (Depository Corporations Survey, Domestic currency) 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 |
|---|---|---|---|
| 1994 | +853.7% | 8.24 billion | 78.62 billion |
| 1999 | +658.5% | 26.45 billion | 200.61 billion |
| 1993 | +553.4% | -1.82 billion | 8.24 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | -10.30 million | -10.30 million | -10.30 million | 1 |
| 1960s | 50.34 million | -10.40 million | 193.41 million | 10 |
| 1970s | 586.59 million | 173.48 million | 1.60 billion | 10 |
| 1980s | 9.88 billion | 1.37 billion | 16.85 billion | 10 |
| 1990s | 58.28 billion | -15.73 billion | 200.61 billion | 10 |
| 2000s | 1.08 trillion | 127.77 billion | 3.29 trillion | 9 |
Countries ranked near Nigeria
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 other items (net) in Nigeria?
- Other items (net) in Nigeria was 1.62 trillion in 2008, according to International Monetary Fund.
- What is the highest other items (net) recorded in Nigeria?
- The highest recorded value was 3.29 trillion in 2007.
- What is the lowest other items (net) recorded in Nigeria?
- The lowest recorded value was -15.73 billion in 1997.
- How does Nigeria rank for other items (net)?
- Nigeria ranks 11th out of 178 countries with data for 2008.
- Is other items (net) rising or falling in Nigeria?
- Over the last ten years it is up 6,012.1%. 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 Other Items (Net) (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.