Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria
Nigeria: Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) was 56,639 units per person in 2008. ◆ Volatile
Quasi-Money, Money plus Quasi-Money (Depository Corporations Survey) in Nigeria, 1960–2008
Source: Statizoid (derived). Measured in units per person.
Analysis
In 2008, quasi-money, money plus quasi-money (depository corporations survey) in Nigeria stood at 56,639 units per person. That is the highest value across all 49 years on record.
That represents a change of up 48.4% on the previous year and up 1,191.4% over ten years.
Over the whole period, quasi-money, money plus quasi-money (depository corporations survey) in Nigeria peaked at 56,639 units per person in 2008 and was at its lowest, 6.13 units per person, in 1960.
Nigeria ranks 83rd of 161 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 person | Change |
|---|---|---|
| 1960 | 6.13 units per person | — |
| 1961 | 6.52 units per person | +6.5% |
| 1962 | 7.09 units per person | +8.6% |
| 1963 | 7.54 units per person | +6.4% |
| 1964 | 8.79 units per person | +16.6% |
| 1965 | 9.35 units per person | +6.4% |
| 1966 | 10.15 units per person | +8.6% |
| 1967 | 8.68 units per person | -14.5% |
| 1968 | 9.77 units per person | +12.5% |
| 1969 | 12.13 units per person | +24.1% |
| 1970 | 17.52 units per person | +44.5% |
| 1971 | 18.21 units per person | +3.9% |
| 1972 | 20.55 units per person | +12.8% |
| 1973 | 22.8 units per person | +11.0% |
| 1974 | 42.03 units per person | +84.3% |
| 1975 | 63.63 units per person | +51.4% |
| 1976 | 87.46 units per person | +37.4% |
| 1977 | 114.16 units per person | +30.5% |
| 1978 | 108.49 units per person | -5.0% |
| 1979 | 137.75 units per person | +27.0% |
| 1980 | 195.08 units per person | +41.6% |
| 1981 | 200.33 units per person | +2.7% |
| 1982 | 212.99 units per person | +6.3% |
| 1983 | 236.63 units per person | +11.1% |
| 1984 | 257.4 units per person | +8.8% |
| 1985 | 272.71 units per person | +5.9% |
| 1986 | 270.59 units per person | -0.8% |
| 1987 | 322.52 units per person | +19.2% |
| 1988 | 417.36 units per person | +29.4% |
| 1989 | 458.8 units per person | +9.9% |
| 1990 | 592.6 units per person | +29.2% |
| 1991 | 792.89 units per person | +33.8% |
| 1992 | 1,261 units per person | +59.0% |
| 1993 | 1,888 units per person | +49.7% |
| 1994 | 2,473 units per person | +31.0% |
| 1995 | 2,876 units per person | +16.3% |
| 1996 | 3,256 units per person | +13.2% |
| 1997 | 3,681 units per person | +13.1% |
| 1998 | 4,386 units per person | +19.2% |
| 1999 | 5,687 units per person | +29.7% |
| 2000 | 8,198 units per person | +44.2% |
| 2001 | 10,083 units per person | +23.0% |
| 2002 | 11,656 units per person | +15.6% |
| 2003 | 12,872 units per person | +10.4% |
| 2004 | 15,109 units per person | +17.4% |
| 2005 | 18,018 units per person | +19.3% |
| 2006 | 23,898 units per person | +32.6% |
| 2007 | 38,177 units per person | +59.7% |
| 2008 | 56,639 units per person | +48.4% |
Nigeria compared with similar countries
- Nigeria's 56,639 units per person is above the median for lower middle income countries, which is 56,639 units per person, 1.0× the median. (43 countries reporting)
- Nigeria's 56,639 units per person is below the median for Sub-Saharan Africa, which is 79,978 units per person, 71% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.62 units per person | 6.13 units per person | 12.13 units per person | 10 |
| 1970s | 63.26 units per person | 17.52 units per person | 137.75 units per person | 10 |
| 1980s | 284.44 units per person | 195.08 units per person | 458.8 units per person | 10 |
| 1990s | 2,689 units per person | 592.6 units per person | 5,687 units per person | 10 |
| 2000s | 21,628 units per person | 8,198 units per person | 56,639 units per person | 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 56,639 units per person 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 56,639 units per person in 2008.
- What is the lowest quasi-money, money plus quasi-money (depository corporations survey) recorded in Nigeria?
- The lowest recorded value was 6.13 units per person in 1960.
- How does Nigeria rank for quasi-money, money plus quasi-money (depository corporations survey)?
- Nigeria ranks 83rd out of 161 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 1,191.4%. 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 capita. 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 Population, total, 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) ÷ Population, total
Computed from
- Quasi-Money, Money plus Quasi-Money International Monetary Fund
- Population, total World Population Prospects, United Nations (UN)
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 Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.