Reserve assets, Adjusted using IMF accounting records (Assets) in Nigeria
Nigeria: Reserve assets, Adjusted using IMF accounting records (Assets) was 36,730 US dollar per square kilometre in 2023. ▼ Falling
Reserve assets, Adjusted using IMF accounting records (Assets) in Nigeria, 2005–2023
Source: Statizoid (derived). Measured in US dollar per square kilometre.
Analysis
Nigeria recorded 36,730 US dollar per square kilometre for reserve assets, adjusted using imf accounting records (assets) in 2023.
That represents a change of down 9.1% on the previous year and down 21.9% over ten years.
Over the whole period, reserve assets, adjusted using imf accounting records (assets) in Nigeria peaked at 58,193 US dollar per square kilometre in 2008 and was at its lowest, 29,901 US dollar per square kilometre, in 2016.
Nigeria ranks 115th of 164 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Reserve assets, Adjusted using IMF accounting records (Assets) in Nigeria, year by year
| Year | US dollar per square kilometre | Change |
|---|---|---|
| 2005 | 31,136 US dollar per square kilometre | — |
| 2006 | 46,442 US dollar per square kilometre | +49.2% |
| 2007 | 56,364 US dollar per square kilometre | +21.4% |
| 2008 | 58,193 US dollar per square kilometre | +3.2% |
| 2009 | 46,488 US dollar per square kilometre | -20.1% |
| 2010 | 35,508 US dollar per square kilometre | -23.6% |
| 2011 | 35,838 US dollar per square kilometre | +0.9% |
| 2012 | 48,125 US dollar per square kilometre | +34.3% |
| 2013 | 47,046 US dollar per square kilometre | -2.2% |
| 2014 | 37,597 US dollar per square kilometre | -20.1% |
| 2015 | 31,054 US dollar per square kilometre | -17.4% |
| 2016 | 29,901 US dollar per square kilometre | -3.7% |
| 2017 | 43,489 US dollar per square kilometre | +45.4% |
| 2018 | 47,036 US dollar per square kilometre | +8.2% |
| 2019 | 42,091 US dollar per square kilometre | -10.5% |
| 2020 | 40,328 US dollar per square kilometre | -4.2% |
| 2021 | 44,442 US dollar per square kilometre | +10.2% |
| 2022 | 40,425 US dollar per square kilometre | -9.0% |
| 2023 | 36,730 US dollar per square kilometre | -9.1% |
Nigeria compared with similar countries
- Nigeria's 36,730 US dollar per square kilometre is above the median for lower middle income countries, which is 26,227 US dollar per square kilometre, 1.4× the median. (37 countries reporting)
- Nigeria's 36,730 US dollar per square kilometre is above the median for Sub-Saharan Africa, which is 9,405 US dollar per square kilometre, 3.9× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47,725 US dollar per square kilometre | 31,136 US dollar per square kilometre | 58,193 US dollar per square kilometre | 5 |
| 2010s | 39,768 US dollar per square kilometre | 29,901 US dollar per square kilometre | 48,125 US dollar per square kilometre | 10 |
| 2020s | 40,481 US dollar per square kilometre | 36,730 US dollar per square kilometre | 44,442 US dollar per square kilometre | 4 |
Countries ranked near Nigeria
- 112 Brazil 42,478 US dollar per square kilometre compare
- 113 Belarus 39,993 US dollar per square kilometre compare
- 114 Russia 38,507 US dollar per square kilometre compare
- 116 Sao Tome and Principe 35,079 US dollar per square kilometre compare
- 117 Algeria 34,667 US dollar per square kilometre compare
- 118 Egypt 33,287 US dollar per square kilometre compare
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 reserve assets, adjusted using imf accounting records (assets) in Nigeria?
- Reserve assets, adjusted using imf accounting records (assets) in Nigeria was 36,730 US dollar per square kilometre in 2023, according to Statizoid (derived).
- What is the highest reserve assets, adjusted using imf accounting records (assets) recorded in Nigeria?
- The highest recorded value was 58,193 US dollar per square kilometre in 2008.
- What is the lowest reserve assets, adjusted using imf accounting records (assets) recorded in Nigeria?
- The lowest recorded value was 29,901 US dollar per square kilometre in 2016.
- How does Nigeria rank for reserve assets, adjusted using imf accounting records (assets)?
- Nigeria ranks 115th out of 164 countries with data for 2023.
- Is reserve assets, adjusted using imf accounting records (assets) rising or falling in Nigeria?
- Over the last ten years it is down 21.9%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of Reserve assets, Adjusted using IMF accounting records (Assets, Positions, US dollar), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Reserve assets, Adjusted using IMF accounting records (Assets, Positions, US dollar) 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.
Reserve assets, Adjusted using IMF accounting records (Assets, Positions, US dollar) ÷ Land area (sq. km)
Computed from
- Reserve assets, Adjusted using IMF accounting records 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
Reserve assets, Adjusted using IMF accounting records (Assets, Positions, US dollar) 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.