Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria
Nigeria: Quasi-Money (Depository Corporations Survey, Domestic currency), per was 26,954 units per person in 2008. ◆ Volatile
Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria, 1960–2008
Source: Statizoid (derived). Measured in units per person.
Analysis
The most recent figure for quasi-money (depository corporations survey, domestic currency), per in Nigeria is 26,954 units per person, measured in 2008. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 53.8% on the previous year and up 1,528.7% over ten years.
Over the whole period, quasi-money (depository corporations survey, domestic currency), per in Nigeria peaked at 26,954 units per person in 2008 and was at its lowest, 1.22 units per person, in 1960.
That places Nigeria 84th out of 160 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria, year by year
| Year | units per person | Change |
|---|---|---|
| 1960 | 1.22 units per person | — |
| 1961 | 1.54 units per person | +26.2% |
| 1962 | 1.71 units per person | +11.2% |
| 1963 | 1.94 units per person | +13.5% |
| 1964 | 2.31 units per person | +19.1% |
| 1965 | 2.81 units per person | +21.5% |
| 1966 | 3.18 units per person | +13.2% |
| 1967 | 2.51 units per person | -21.0% |
| 1968 | 3.44 units per person | +37.0% |
| 1969 | 3.94 units per person | +14.7% |
| 1970 | 6.02 units per person | +52.8% |
| 1971 | 6.5 units per person | +7.9% |
| 1972 | 7.8 units per person | +20.0% |
| 1973 | 9.69 units per person | +24.2% |
| 1974 | 15.77 units per person | +62.8% |
| 1975 | 24.79 units per person | +57.2% |
| 1976 | 30.33 units per person | +22.3% |
| 1977 | 33.54 units per person | +10.6% |
| 1978 | 34.91 units per person | +4.1% |
| 1979 | 51.78 units per person | +48.3% |
| 1980 | 70 units per person | +35.2% |
| 1981 | 72.23 units per person | +3.2% |
| 1982 | 84.78 units per person | +17.4% |
| 1983 | 96.37 units per person | +13.7% |
| 1984 | 109.52 units per person | +13.7% |
| 1985 | 116.91 units per person | +6.7% |
| 1986 | 125.43 units per person | +7.3% |
| 1987 | 156.15 units per person | +24.5% |
| 1988 | 184.3 units per person | +18.0% |
| 1989 | 176.73 units per person | -4.1% |
| 1990 | 236.96 units per person | +34.1% |
| 1991 | 304.45 units per person | +28.5% |
| 1992 | 486.57 units per person | +59.8% |
| 1993 | 704.49 units per person | +44.8% |
| 1994 | 819.97 units per person | +16.4% |
| 1995 | 1,004 units per person | +22.4% |
| 1996 | 1,185 units per person | +18.0% |
| 1997 | 1,324 units per person | +11.8% |
| 1998 | 1,655 units per person | +25.0% |
| 1999 | 2,429 units per person | +46.8% |
| 2000 | 3,057 units per person | +25.9% |
| 2001 | 3,844 units per person | +25.7% |
| 2002 | 4,894 units per person | +27.3% |
| 2003 | 5,537 units per person | +13.1% |
| 2004 | 6,614 units per person | +19.5% |
| 2005 | 7,513 units per person | +13.6% |
| 2006 | 11,669 units per person | +55.3% |
| 2007 | 17,530 units per person | +50.2% |
| 2008 | 26,954 units per person | +53.8% |
Nigeria compared with similar countries
- Nigeria's 26,954 units per person is above the median for lower middle income countries, which is 17,510 units per person, 1.5× the median. (43 countries reporting)
- Nigeria's 26,954 units per person is below the median for Sub-Saharan Africa, which is 27,577 units per person, 98% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.46 units per person | 1.22 units per person | 3.94 units per person | 10 |
| 1970s | 22.11 units per person | 6.02 units per person | 51.78 units per person | 10 |
| 1980s | 119.24 units per person | 70 units per person | 184.3 units per person | 10 |
| 1990s | 1,015 units per person | 236.96 units per person | 2,429 units per person | 10 |
| 2000s | 9,735 units per person | 3,057 units per person | 26,954 units per person | 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 quasi-money (depository corporations survey, domestic currency), per in Nigeria?
- Quasi-money (depository corporations survey, domestic currency), per in Nigeria was 26,954 units per person in 2008, according to Statizoid (derived).
- What is the highest quasi-money (depository corporations survey, domestic currency), per recorded in Nigeria?
- The highest recorded value was 26,954 units per person in 2008.
- What is the lowest quasi-money (depository corporations survey, domestic currency), per recorded in Nigeria?
- The lowest recorded value was 1.22 units per person in 1960.
- How does Nigeria rank for quasi-money (depository corporations survey, domestic currency), per?
- Nigeria ranks 84th out of 160 countries with data for 2008.
- Is quasi-money (depository corporations survey, domestic currency), per rising or falling in Nigeria?
- Over the last ten years it is up 1,528.7%. 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 Quasi-Money (Depository Corporations Survey, Domestic currency), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Quasi-Money (Depository Corporations Survey, Domestic currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Quasi-Money (Depository Corporations Survey, Domestic currency) ÷ Population, total
Computed from
- Quasi-Money International Monetary Fund
- Population, total World Population Prospects, United Nations (UN)
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
Quasi-Money (Depository Corporations Survey, Domestic currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.