Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria
Nigeria: Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) was 26.29 units per US$ of GDP in 2008. ◆ Volatile
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria, 1960–2008
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for quasi-money, money plus quasi-money (depository corporations survey) in Nigeria is 26.29 units per US$ of GDP, measured in 2008. That is the highest value across all 49 years on record.
The figure is up 25.0% on the previous year and up 992.6% over ten years.
Over the whole period, quasi-money, money plus quasi-money (depository corporations survey) in Nigeria peaked at 26.29 units per US$ of GDP in 2008 and was at its lowest, 0.0658 units per US$ of GDP, in 1960.
That places Nigeria 67th out of 159 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, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0658 units per US$ of GDP | — |
| 1961 | 0.0672 units per US$ of GDP | +2.1% |
| 1962 | 0.0678 units per US$ of GDP | +0.9% |
| 1963 | 0.07 units per US$ of GDP | +3.3% |
| 1964 | 0.0776 units per US$ of GDP | +10.8% |
| 1965 | 0.0798 units per US$ of GDP | +2.8% |
| 1966 | 0.0816 units per US$ of GDP | +2.4% |
| 1967 | 0.0873 units per US$ of GDP | +6.9% |
| 1968 | 0.1004 units per US$ of GDP | +15.1% |
| 1969 | 0.0999 units per US$ of GDP | -0.5% |
| 1970 | 0.0781 units per US$ of GDP | -21.8% |
| 1971 | 0.1135 units per US$ of GDP | +45.4% |
| 1972 | 0.0981 units per US$ of GDP | -13.5% |
| 1973 | 0.0904 units per US$ of GDP | -7.9% |
| 1974 | 0.1043 units per US$ of GDP | +15.5% |
| 1975 | 0.1453 units per US$ of GDP | +39.2% |
| 1976 | 0.1572 units per US$ of GDP | +8.2% |
| 1977 | 0.213 units per US$ of GDP | +35.5% |
| 1978 | 0.2059 units per US$ of GDP | -3.3% |
| 1979 | 0.2084 units per US$ of GDP | +1.2% |
| 1980 | 0.2241 units per US$ of GDP | +7.6% |
| 1981 | 0.0927 units per US$ of GDP | -58.7% |
| 1982 | 0.1169 units per US$ of GDP | +26.2% |
| 1983 | 0.196 units per US$ of GDP | +67.7% |
| 1984 | 0.2891 units per US$ of GDP | +47.5% |
| 1985 | 0.314 units per US$ of GDP | +8.6% |
| 1986 | 0.4307 units per US$ of GDP | +37.2% |
| 1987 | 0.5485 units per US$ of GDP | +27.4% |
| 1988 | 0.7736 units per US$ of GDP | +41.0% |
| 1989 | 0.9856 units per US$ of GDP | +27.4% |
| 1990 | 1.07 units per US$ of GDP | +8.1% |
| 1991 | 1.33 units per US$ of GDP | +24.7% |
| 1992 | 2.48 units per US$ of GDP | +86.7% |
| 1993 | 3.5 units per US$ of GDP | +41.1% |
| 1994 | 3.32 units per US$ of GDP | -5.1% |
| 1995 | 2.26 units per US$ of GDP | -31.9% |
| 1996 | 1.99 units per US$ of GDP | -11.9% |
| 1997 | 2.14 units per US$ of GDP | +7.3% |
| 1998 | 2.41 units per US$ of GDP | +12.5% |
| 1999 | 11.83 units per US$ of GDP | +391.6% |
| 2000 | 14.98 units per US$ of GDP | +26.6% |
| 2001 | 17.8 units per US$ of GDP | +18.8% |
| 2002 | 16.37 units per US$ of GDP | -8.0% |
| 2003 | 16.86 units per US$ of GDP | +3.0% |
| 2004 | 15.7 units per US$ of GDP | -6.9% |
| 2005 | 14.87 units per US$ of GDP | -5.2% |
| 2006 | 14.94 units per US$ of GDP | +0.5% |
| 2007 | 21.03 units per US$ of GDP | +40.7% |
| 2008 | 26.29 units per US$ of GDP | +25.0% |
Nigeria compared with similar countries
- Nigeria's 26.29 units per US$ of GDP is below the median for lower middle income countries, which is 35.55 units per US$ of GDP, 74% of the median. (43 countries reporting)
- Nigeria's 26.29 units per US$ of GDP is below the median for Sub-Saharan Africa, which is 86.26 units per US$ of GDP, 30% of 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 |
|---|---|---|---|
| 1999 | +391.6% | 2.41 units per US$ of GDP | 11.83 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0797 units per US$ of GDP | 0.0658 units per US$ of GDP | 0.1004 units per US$ of GDP | 10 |
| 1970s | 0.1414 units per US$ of GDP | 0.0781 units per US$ of GDP | 0.213 units per US$ of GDP | 10 |
| 1980s | 0.3971 units per US$ of GDP | 0.0927 units per US$ of GDP | 0.9856 units per US$ of GDP | 10 |
| 1990s | 3.23 units per US$ of GDP | 1.07 units per US$ of GDP | 11.83 units per US$ of GDP | 10 |
| 2000s | 17.65 units per US$ of GDP | 14.87 units per US$ of GDP | 26.29 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, money plus quasi-money (depository corporations survey) in Nigeria?
- Quasi-money, money plus quasi-money (depository corporations survey) in Nigeria was 26.29 units per US$ of GDP 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 26.29 units per US$ of GDP in 2008.
- What is the lowest quasi-money, money plus quasi-money (depository corporations survey) recorded in Nigeria?
- The lowest recorded value was 0.0658 units per US$ of GDP in 1960.
- How does Nigeria rank for quasi-money, money plus quasi-money (depository corporations survey)?
- Nigeria ranks 67th out of 159 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 992.6%. 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), 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, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency) ÷ GDP (current US$)
Computed from
- Quasi-Money, Money plus 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, Money plus 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.