Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria
Nigeria: Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) was 9.80 million units per square kilometre in 2008. ◆ Volatile
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria, 1961–2008
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
Nigeria recorded 9.80 million units per square kilometre for quasi-money, money plus quasi-money (depository corporations survey) in 2008. That is the highest value across all 48 years on record.
Compared with earlier readings it is up 52.5% on the previous year and up 1,598.1% over ten years.
Over the whole period, quasi-money, money plus quasi-money (depository corporations survey) in Nigeria peaked at 9.80 million units per square kilometre in 2008 and was at its lowest, 329.39 units per square kilometre, in 1961.
Nigeria ranks 64th of 159 countries on this measure, 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 square kilometre | Change |
|---|---|---|
| 1961 | 329.39 units per square kilometre | — |
| 1962 | 365.4 units per square kilometre | +10.9% |
| 1963 | 397.14 units per square kilometre | +8.7% |
| 1964 | 473.01 units per square kilometre | +19.1% |
| 1965 | 514.4 units per square kilometre | +8.8% |
| 1966 | 570.73 units per square kilometre | +10.9% |
| 1967 | 498.48 units per square kilometre | -12.7% |
| 1968 | 573.25 units per square kilometre | +15.0% |
| 1969 | 727.52 units per square kilometre | +26.9% |
| 1970 | 1,075 units per square kilometre | +47.8% |
| 1971 | 1,144 units per square kilometre | +6.4% |
| 1972 | 1,322 units per square kilometre | +15.6% |
| 1973 | 1,504 units per square kilometre | +13.8% |
| 1974 | 2,846 units per square kilometre | +89.2% |
| 1975 | 4,430 units per square kilometre | +55.7% |
| 1976 | 6,267 units per square kilometre | +41.5% |
| 1977 | 8,427 units per square kilometre | +34.5% |
| 1978 | 8,258 units per square kilometre | -2.0% |
| 1979 | 10,814 units per square kilometre | +31.0% |
| 1980 | 15,800 units per square kilometre | +46.1% |
| 1981 | 16,732 units per square kilometre | +5.9% |
| 1982 | 18,329 units per square kilometre | +9.5% |
| 1983 | 20,899 units per square kilometre | +14.0% |
| 1984 | 23,324 units per square kilometre | +11.6% |
| 1985 | 25,421 units per square kilometre | +9.0% |
| 1986 | 25,918 units per square kilometre | +2.0% |
| 1987 | 31,726 units per square kilometre | +22.4% |
| 1988 | 42,168 units per square kilometre | +32.9% |
| 1989 | 47,620 units per square kilometre | +12.9% |
| 1990 | 63,192 units per square kilometre | +32.7% |
| 1991 | 86,814 units per square kilometre | +37.4% |
| 1992 | 141,732 units per square kilometre | +63.3% |
| 1993 | 217,924 units per square kilometre | +53.8% |
| 1994 | 293,098 units per square kilometre | +34.5% |
| 1995 | 349,993 units per square kilometre | +19.4% |
| 1996 | 406,616 units per square kilometre | +16.2% |
| 1997 | 471,833 units per square kilometre | +16.0% |
| 1998 | 577,136 units per square kilometre | +22.3% |
| 1999 | 768,288 units per square kilometre | +33.1% |
| 2000 | 1.14 million units per square kilometre | +48.1% |
| 2001 | 1.44 million units per square kilometre | +26.4% |
| 2002 | 1.71 million units per square kilometre | +18.8% |
| 2003 | 1.94 million units per square kilometre | +13.5% |
| 2004 | 2.34 million units per square kilometre | +20.7% |
| 2005 | 2.87 million units per square kilometre | +22.6% |
| 2006 | 3.91 million units per square kilometre | +36.4% |
| 2007 | 6.42 million units per square kilometre | +64.2% |
| 2008 | 9.80 million units per square kilometre | +52.5% |
Nigeria compared with similar countries
- Nigeria's 9.80 million units per square kilometre is above the median for lower middle income countries, which is 4.91 million units per square kilometre, 2.0× the median. (43 countries reporting)
- Nigeria's 9.80 million units per square kilometre is above the median for Sub-Saharan Africa, which is 7.69 million units per square kilometre, 1.3× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 494.37 units per square kilometre | 329.39 units per square kilometre | 727.52 units per square kilometre | 9 |
| 1970s | 4,609 units per square kilometre | 1,075 units per square kilometre | 10,814 units per square kilometre | 10 |
| 1980s | 26,794 units per square kilometre | 15,800 units per square kilometre | 47,620 units per square kilometre | 10 |
| 1990s | 337,663 units per square kilometre | 63,192 units per square kilometre | 768,288 units per square kilometre | 10 |
| 2000s | 3.51 million units per square kilometre | 1.14 million units per square kilometre | 9.80 million units per square kilometre | 9 |
Countries ranked near Nigeria
- 61 Guinea-Bissau 11.02 million units per square kilometre compare
- 62 Madagascar 10.32 million units per square kilometre compare
- 63 Rwanda 10.26 million units per square kilometre compare
- 65 Malawi 9.52 million units per square kilometre compare
- 66 Syria 9.02 million units per square kilometre compare
- 67 Burkina Faso 8.81 million units per square kilometre 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 9.80 million units per square kilometre 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 9.80 million units per square kilometre in 2008.
- What is the lowest quasi-money, money plus quasi-money (depository corporations survey) recorded in Nigeria?
- The lowest recorded value was 329.39 units per square kilometre in 1961.
- How does Nigeria rank for quasi-money, money plus quasi-money (depository corporations survey)?
- Nigeria ranks 64th 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 1,598.1%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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 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, Money plus Quasi-Money (Depository Corporations Survey, Domestic currency) ÷ Land area (sq. km)
Computed from
- Quasi-Money, Money plus Quasi-Money International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.