Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria
Nigeria: Quasi-Money (Depository Corporations Survey, Domestic currency), per was 12.51 units per US$ of GDP in 2008. ◆ Volatile
Quasi-Money (Depository Corporations Survey, Domestic currency), per in Nigeria, 1960–2008
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for quasi-money (depository corporations survey, domestic currency), per in Nigeria is 12.51 units per US$ of GDP, measured in 2008. That is the highest value across all 49 years on record.
The figure is up 29.6% on the previous year and up 1,278.0% over ten years.
Over the whole period, quasi-money (depository corporations survey, domestic currency), per in Nigeria peaked at 12.51 units per US$ of GDP in 2008 and was at its lowest, 0.0131 units per US$ of GDP, in 1960.
That places Nigeria 67th 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
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0131 units per US$ of GDP | — |
| 1961 | 0.0158 units per US$ of GDP | +21.0% |
| 1962 | 0.0163 units per US$ of GDP | +3.4% |
| 1963 | 0.018 units per US$ of GDP | +10.2% |
| 1964 | 0.0204 units per US$ of GDP | +13.2% |
| 1965 | 0.0239 units per US$ of GDP | +17.4% |
| 1966 | 0.0255 units per US$ of GDP | +6.7% |
| 1967 | 0.0252 units per US$ of GDP | -1.3% |
| 1968 | 0.0353 units per US$ of GDP | +40.0% |
| 1969 | 0.0325 units per US$ of GDP | -8.0% |
| 1970 | 0.0268 units per US$ of GDP | -17.3% |
| 1971 | 0.0405 units per US$ of GDP | +50.9% |
| 1972 | 0.0372 units per US$ of GDP | -8.1% |
| 1973 | 0.0384 units per US$ of GDP | +3.1% |
| 1974 | 0.0392 units per US$ of GDP | +2.0% |
| 1975 | 0.0566 units per US$ of GDP | +44.5% |
| 1976 | 0.0545 units per US$ of GDP | -3.7% |
| 1977 | 0.0626 units per US$ of GDP | +14.8% |
| 1978 | 0.0663 units per US$ of GDP | +5.9% |
| 1979 | 0.0783 units per US$ of GDP | +18.2% |
| 1980 | 0.0804 units per US$ of GDP | +2.7% |
| 1981 | 0.0334 units per US$ of GDP | -58.5% |
| 1982 | 0.0465 units per US$ of GDP | +39.3% |
| 1983 | 0.0798 units per US$ of GDP | +71.5% |
| 1984 | 0.123 units per US$ of GDP | +54.1% |
| 1985 | 0.1346 units per US$ of GDP | +9.4% |
| 1986 | 0.1997 units per US$ of GDP | +48.3% |
| 1987 | 0.2656 units per US$ of GDP | +33.0% |
| 1988 | 0.3416 units per US$ of GDP | +28.6% |
| 1989 | 0.3797 units per US$ of GDP | +11.1% |
| 1990 | 0.4259 units per US$ of GDP | +12.2% |
| 1991 | 0.51 units per US$ of GDP | +19.8% |
| 1992 | 0.9569 units per US$ of GDP | +87.6% |
| 1993 | 1.31 units per US$ of GDP | +36.5% |
| 1994 | 1.1 units per US$ of GDP | -15.7% |
| 1995 | 0.7895 units per US$ of GDP | -28.3% |
| 1996 | 0.7255 units per US$ of GDP | -8.1% |
| 1997 | 0.7699 units per US$ of GDP | +6.1% |
| 1998 | 0.9081 units per US$ of GDP | +17.9% |
| 1999 | 5.05 units per US$ of GDP | +456.5% |
| 2000 | 5.59 units per US$ of GDP | +10.5% |
| 2001 | 6.79 units per US$ of GDP | +21.5% |
| 2002 | 6.87 units per US$ of GDP | +1.3% |
| 2003 | 7.25 units per US$ of GDP | +5.5% |
| 2004 | 6.87 units per US$ of GDP | -5.3% |
| 2005 | 6.2 units per US$ of GDP | -9.8% |
| 2006 | 7.3 units per US$ of GDP | +17.6% |
| 2007 | 9.66 units per US$ of GDP | +32.4% |
| 2008 | 12.51 units per US$ of GDP | +29.6% |
Nigeria compared with similar countries
- Nigeria's 12.51 units per US$ of GDP is below the median for lower middle income countries, which is 13.36 units per US$ of GDP, 94% of the median. (43 countries reporting)
- Nigeria's 12.51 units per US$ of GDP is below the median for Sub-Saharan Africa, which is 21.68 units per US$ of GDP, 58% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Quasi-Money (Depository Corporations Survey, Domestic currency), per 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 |
|---|---|---|---|
| 1999 | +456.5% | 0.9081 units per US$ of GDP | 5.05 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0226 units per US$ of GDP | 0.0131 units per US$ of GDP | 0.0353 units per US$ of GDP | 10 |
| 1970s | 0.05 units per US$ of GDP | 0.0268 units per US$ of GDP | 0.0783 units per US$ of GDP | 10 |
| 1980s | 0.1684 units per US$ of GDP | 0.0334 units per US$ of GDP | 0.3797 units per US$ of GDP | 10 |
| 1990s | 1.25 units per US$ of GDP | 0.4259 units per US$ of GDP | 5.05 units per US$ of GDP | 10 |
| 2000s | 7.67 units per US$ of GDP | 5.59 units per US$ of GDP | 12.51 units per US$ of GDP | 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 12.51 units per US$ of GDP 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 12.51 units per US$ of GDP in 2008.
- What is the lowest quasi-money (depository corporations survey, domestic currency), per recorded in Nigeria?
- The lowest recorded value was 0.0131 units per US$ of GDP in 1960.
- How does Nigeria rank for quasi-money (depository corporations survey, domestic currency), per?
- Nigeria ranks 67th 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 1,278.0%. 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Quasi-Money (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Quasi-Money International Monetary Fund
- 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
Quasi-Money (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.