Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria

Nigeria: Quasi-Money (Depository Corporations Survey, Domestic currency), per was 4.66 million units per square kilometre in 2008. ◆ Volatile

Latest (2008)
4.66 million units per square kilometre
Change on year
up 58.1%
World rank
65th
of 158 countries
All-time high
4.66 million units per square kilometre
in 2008
All-time low
77.52 units per square kilometre
in 1961
Years of data
48
1961–2008

Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria, 1961–2008

01.0M2.0M3.0M4.0M5.0M196119842008

Source: Statizoid (derived). Measured in units per square kilometre.

Analysis

The most recent figure for quasi-money (depository corporations survey, domestic currency), per in Nigeria is 4.66 million units per square kilometre, measured in 2008. That is the highest value across all 48 years on record.

The figure is up 58.1% on the previous year and up 2,041.7% over ten years.

Over the whole period, quasi-money (depository corporations survey, domestic currency), per in Nigeria peaked at 4.66 million units per square kilometre in 2008 and was at its lowest, 77.52 units per square kilometre, in 1961.

That places Nigeria 65th out of 158 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

Annual values for Quasi-Money (Depository Corporations Survey, Domestic currency), per square kilometre in Nigeria, 1961 to 2008.
Year units per square kilometre Change
1961 77.52 units per square kilometre
1962 88.06 units per square kilometre +13.6%
1963 102.11 units per square kilometre +16.0%
1964 124.29 units per square kilometre +21.7%
1965 154.38 units per square kilometre +24.2%
1966 178.53 units per square kilometre +15.6%
1967 144.05 units per square kilometre -19.3%
1968 201.59 units per square kilometre +39.9%
1969 236.5 units per square kilometre +17.3%
1970 369.69 units per square kilometre +56.3%
1971 408.23 units per square kilometre +10.4%
1972 501.66 units per square kilometre +22.9%
1973 639.02 units per square kilometre +27.4%
1974 1,068 units per square kilometre +67.2%
1975 1,726 units per square kilometre +61.6%
1976 2,173 units per square kilometre +25.9%
1977 2,476 units per square kilometre +13.9%
1978 2,658 units per square kilometre +7.3%
1979 4,065 units per square kilometre +53.0%
1980 5,669 units per square kilometre +39.5%
1981 6,032 units per square kilometre +6.4%
1982 7,296 units per square kilometre +20.9%
1983 8,511 units per square kilometre +16.7%
1984 9,924 units per square kilometre +16.6%
1985 10,898 units per square kilometre +9.8%
1986 12,014 units per square kilometre +10.2%
1987 15,360 units per square kilometre +27.8%
1988 18,621 units per square kilometre +21.2%
1989 18,344 units per square kilometre -1.5%
1990 25,268 units per square kilometre +37.7%
1991 33,334 units per square kilometre +31.9%
1992 54,692 units per square kilometre +64.1%
1993 81,313 units per square kilometre +48.7%
1994 97,176 units per square kilometre +19.5%
1995 122,155 units per square kilometre +25.7%
1996 147,958 units per square kilometre +21.1%
1997 169,783 units per square kilometre +14.8%
1998 217,768 units per square kilometre +28.3%
1999 328,193 units per square kilometre +50.7%
2000 424,252 units per square kilometre +29.3%
2001 548,082 units per square kilometre +29.2%
2002 717,243 units per square kilometre +30.9%
2003 834,056 units per square kilometre +16.3%
2004 1.02 million units per square kilometre +22.8%
2005 1.20 million units per square kilometre +16.8%
2006 1.91 million units per square kilometre +59.7%
2007 2.95 million units per square kilometre +54.4%
2008 4.66 million units per square kilometre +58.1%

Nigeria compared with similar countries

  • Nigeria's 4.66 million units per square kilometre is above the median for lower middle income countries, which is 2.12 million units per square kilometre, 2.2× the median. (43 countries reporting)
  • Nigeria's 4.66 million units per square kilometre is above the median for Sub-Saharan Africa, which is 2.21 million units per square kilometre, 2.1× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 145.23 units per square kilometre 77.52 units per square kilometre 236.5 units per square kilometre 9
1970s 1,608 units per square kilometre 369.69 units per square kilometre 4,065 units per square kilometre 10
1980s 11,267 units per square kilometre 5,669 units per square kilometre 18,621 units per square kilometre 10
1990s 127,764 units per square kilometre 25,268 units per square kilometre 328,193 units per square kilometre 10
2000s 1.59 million units per square kilometre 424,252 units per square kilometre 4.66 million units per square kilometre 9

Countries ranked near Nigeria

  1. 62 Malawi 5.39 million units per square kilometre compare
  2. 63 Rwanda 5.02 million units per square kilometre compare
  3. 64 Tanzania, United Republic of 4.86 million units per square kilometre compare
  4. 66 Grenada 4.59 million units per square kilometre compare
  5. 67 Syrian Arab Republic 4.52 million units per square kilometre compare
  6. 68 Dominican Republic 4.33 million units per square kilometre compare

See the full ranking of 158 places →

More financial sector data for Nigeria

All data for Nigeria →

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 4.66 million units per square kilometre 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 4.66 million units per square kilometre in 2008.
What is the lowest quasi-money (depository corporations survey, domestic currency), per recorded in Nigeria?
The lowest recorded value was 77.52 units per square kilometre in 1961.
How does Nigeria rank for quasi-money (depository corporations survey, domestic currency), per?
Nigeria ranks 65th out of 158 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 2,041.7%. 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 square kilometre. Statizoid updates them automatically from the source API.

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Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://financial-sector.statizoid.com/stat/quasi-money-depository-corporations-survey-domestic-currency-per-square-kilometre/nigeria/

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How this figure is calculated

Quasi-Money (Depository Corporations Survey, Domestic currency) 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.

Quasi-Money (Depository Corporations Survey, Domestic currency) ÷ Land area (sq. km)

Computed from

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

Indicator
Quasi-Money (Depository Corporations Survey, Domestic currency), per square kilometre
Unit
units per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
158 places, 6,143 data points, 1961–2023
Last refreshed

Quasi-Money (Depository Corporations Survey, Domestic currency) 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.