Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria
Nigeria: Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) was 52.55 % change on previous year in 2008. ◆ Volatile
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria, 1952–2008
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Nigeria recorded 52.55 % change on previous year for quasi-money, money plus quasi-money (depository corporations survey) in 2008.
Compared with earlier readings it is down 18.2% on the previous year and up 135.5% over ten years.
Over the whole period, quasi-money, money plus quasi-money (depository corporations survey) in Nigeria peaked at 89.2 % change on previous year in 1974 and was at its lowest, -12.66 % change on previous year, in 1967.
Nigeria ranks 5th of 163 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1952 | 11.82 % change on previous year | — |
| 1953 | 15.01 % change on previous year | +27.0% |
| 1954 | 4.31 % change on previous year | -71.3% |
| 1955 | 6.53 % change on previous year | +51.4% |
| 1956 | 4.39 % change on previous year | -32.7% |
| 1957 | 12.62 % change on previous year | +187.4% |
| 1958 | 3.56 % change on previous year | -71.8% |
| 1959 | 10.78 % change on previous year | +202.6% |
| 1960 | 4.51 % change on previous year | -58.2% |
| 1961 | 8.7 % change on previous year | +93.0% |
| 1962 | 10.93 % change on previous year | +25.7% |
| 1963 | 8.68 % change on previous year | -20.6% |
| 1964 | 19.1 % change on previous year | +120.0% |
| 1965 | 8.75 % change on previous year | -54.2% |
| 1966 | 10.95 % change on previous year | +25.1% |
| 1967 | -12.66 % change on previous year | -215.6% |
| 1968 | 15 % change on previous year | -218.5% |
| 1969 | 26.91 % change on previous year | +79.4% |
| 1970 | 47.8 % change on previous year | +77.6% |
| 1971 | 6.39 % change on previous year | -86.6% |
| 1972 | 15.58 % change on previous year | +143.7% |
| 1973 | 13.78 % change on previous year | -11.6% |
| 1974 | 89.2 % change on previous year | +547.5% |
| 1975 | 55.66 % change on previous year | -37.6% |
| 1976 | 41.45 % change on previous year | -25.5% |
| 1977 | 34.47 % change on previous year | -16.8% |
| 1978 | -2.01 % change on previous year | -105.8% |
| 1979 | 30.95 % change on previous year | -1639.6% |
| 1980 | 46.11 % change on previous year | +49.0% |
| 1981 | 5.9 % change on previous year | -87.2% |
| 1982 | 9.55 % change on previous year | +61.8% |
| 1983 | 14.02 % change on previous year | +46.9% |
| 1984 | 11.6 % change on previous year | -17.3% |
| 1985 | 8.99 % change on previous year | -22.5% |
| 1986 | 1.95 % change on previous year | -78.3% |
| 1987 | 22.41 % change on previous year | +1047.5% |
| 1988 | 32.91 % change on previous year | +46.9% |
| 1989 | 12.93 % change on previous year | -60.7% |
| 1990 | 32.7 % change on previous year | +152.9% |
| 1991 | 37.38 % change on previous year | +14.3% |
| 1992 | 63.26 % change on previous year | +69.2% |
| 1993 | 53.76 % change on previous year | -15.0% |
| 1994 | 34.5 % change on previous year | -35.8% |
| 1995 | 19.41 % change on previous year | -43.7% |
| 1996 | 16.18 % change on previous year | -16.7% |
| 1997 | 16.04 % change on previous year | -0.9% |
| 1998 | 22.32 % change on previous year | +39.1% |
| 1999 | 33.12 % change on previous year | +48.4% |
| 2000 | 48.07 % change on previous year | +45.1% |
| 2001 | 26.38 % change on previous year | -45.1% |
| 2002 | 18.82 % change on previous year | -28.6% |
| 2003 | 13.51 % change on previous year | -28.2% |
| 2004 | 20.68 % change on previous year | +53.0% |
| 2005 | 22.6 % change on previous year | +9.3% |
| 2006 | 36.35 % change on previous year | +60.8% |
| 2007 | 64.24 % change on previous year | +76.7% |
| 2008 | 52.55 % change on previous year | -18.2% |
Nigeria compared with similar countries
- Nigeria's 52.55 % change on previous year is above the median for lower middle income countries, which is 15.27 % change on previous year, 3.4× the median. (43 countries reporting)
- Nigeria's 52.55 % change on previous year is above the median for Sub-Saharan Africa, which is 17.88 % change on previous year, 2.9× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) 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 |
|---|---|---|---|
| 1979 | +1639.6% | -2.01 % change on previous year | 30.95 % change on previous year |
| 1987 | +1047.5% | 1.95 % change on previous year | 22.41 % change on previous year |
| 1974 | +547.5% | 13.78 % change on previous year | 89.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 8.63 % change on previous year | 3.56 % change on previous year | 15.01 % change on previous year | 8 |
| 1960s | 10.09 % change on previous year | -12.66 % change on previous year | 26.91 % change on previous year | 10 |
| 1970s | 33.33 % change on previous year | -2.01 % change on previous year | 89.2 % change on previous year | 10 |
| 1980s | 16.64 % change on previous year | 1.95 % change on previous year | 46.11 % change on previous year | 10 |
| 1990s | 32.87 % change on previous year | 16.04 % change on previous year | 63.26 % change on previous year | 10 |
| 2000s | 33.69 % change on previous year | 13.51 % change on previous year | 64.24 % change on previous year | 9 |
Countries ranked near Nigeria
- 2 Somalia 162.81 % change on previous year compare
- 3 Venezuela 72.27 % change on previous year compare
- 4 Iceland 60.13 % change on previous year compare
- 6 Azerbaijan 44.27 % change on previous year compare
- 7 Ghana 42.82 % change on previous year compare
- 8 Myanmar 42.5 % change on previous year compare
More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is quasi-money, money plus quasi-money (depository corporations survey) in Nigeria?
- Quasi-money, money plus quasi-money (depository corporations survey) in Nigeria was 52.55 % change on previous year in 2008, according to Statizoid (derived).
- What is the highest quasi-money, money plus quasi-money (depository corporations survey) recorded in Nigeria?
- The highest recorded value was 89.2 % change on previous year in 1974.
- What is the lowest quasi-money, money plus quasi-money (depository corporations survey) recorded in Nigeria?
- The lowest recorded value was -12.66 % change on previous year in 1967.
- How does Nigeria rank for quasi-money, money plus quasi-money (depository corporations survey)?
- Nigeria ranks 5th out of 163 countries with data for 2008.
- Is quasi-money, money plus quasi-money (depository corporations survey) rising or falling in Nigeria?
- Over the last ten years it is up 135.5%. 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, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 57 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Quasi-Money, Money plus Quasi-Money International Monetary Fund
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
The year-on-year percentage change in Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.