Reserve assets, Currency and deposits, Claims on monetary authorities in Nigeria
Nigeria: Reserve assets, Currency and deposits, Claims on monetary authorities was 0 US dollar in 2022. ◆ Volatile
Reserve assets, Currency and deposits, Claims on monetary authorities in Nigeria, 2005–2022
Source: International Monetary Fund. Measured in US dollar.
Analysis
The most recent figure for reserve assets, currency and deposits, claims on monetary authorities in Nigeria is 0 US dollar, measured in 2022. That is the lowest value across all 18 years on record.
Over the whole period, reserve assets, currency and deposits, claims on monetary authorities in Nigeria peaked at 53.00 billion US dollar in 2008 and was at its lowest, 0 US dollar, in 2010.
Nigeria ranks 111th of 130 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Reserve assets, Currency and deposits, Claims on monetary authorities in Nigeria, year by year
| Year | US dollar | Change |
|---|---|---|
| 2005 | 28.36 billion US dollar | — |
| 2006 | 42.30 billion US dollar | +49.2% |
| 2007 | 51.33 billion US dollar | +21.4% |
| 2008 | 53.00 billion US dollar | +3.2% |
| 2009 | 39.96 billion US dollar | -24.6% |
| 2010 | 0 US dollar | -100.0% |
| 2011 | 0 US dollar | — |
| 2012 | 0 US dollar | — |
| 2013 | 0 US dollar | — |
| 2014 | 0 US dollar | — |
| 2015 | 0 US dollar | — |
| 2016 | 0 US dollar | — |
| 2017 | 0 US dollar | — |
| 2018 | 0 US dollar | — |
| 2019 | 0 US dollar | — |
| 2020 | 0 US dollar | — |
| 2021 | 0 US dollar | — |
| 2022 | 0 US dollar | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.99 billion US dollar | 28.36 billion US dollar | 53.00 billion US dollar | 5 |
| 2010s | 0 US dollar | 0 US dollar | 0 US dollar | 10 |
| 2020s | 0 US dollar | 0 US dollar | 0 US dollar | 3 |
Countries ranked near Nigeria
- 108 Burkina Faso 2.93 million US dollar compare
- 109 Cyprus 1.37 million US dollar compare
- 110 Slovenia 1.01 million US dollar compare
- 111 Argentina 0 US dollar compare
- 111 Botswana 0 US dollar compare
- 111 Colombia 0 US dollar
- 111 Costa Rica 0 US dollar
- 111 Dominican Republic 0 US dollar compare
- 111 Ecuador 0 US dollar compare
- 111 Ghana 0 US dollar compare
- 111 Guyana 0 US dollar
- 111 Kenya 0 US dollar
- 111 Kyrgyzstan 0 US dollar compare
- 111 Kiribati 0 US dollar compare
- 111 Mozambique 0 US dollar compare
- 111 Panama 0 US dollar compare
- 111 Peru 0 US dollar compare
- 111 Paraguay 0 US dollar compare
- 111 Trinidad and Tobago 0 US dollar
- 111 Türkiye 0 US dollar
- 111 Tuvalu 0 US dollar
- 111 Uganda 0 US dollar
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, currency and deposits, claims on monetary authorities in Nigeria?
- Reserve assets, currency and deposits, claims on monetary authorities in Nigeria was 0 US dollar in 2022, according to International Monetary Fund.
- What is the highest reserve assets, currency and deposits, claims on monetary authorities recorded in Nigeria?
- The highest recorded value was 53.00 billion US dollar in 2008.
- What is the lowest reserve assets, currency and deposits, claims on monetary authorities recorded in Nigeria?
- The lowest recorded value was 0 US dollar in 2010.
- How does Nigeria rank for reserve assets, currency and deposits, claims on monetary authorities?
- Nigeria ranks 111th out of 130 countries with data for 2022.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Reserve assets, Currency and deposits, Claims on monetary authorities (Assets, Positions, US dollar). Statizoid updates them automatically from the source API.
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About this data
The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents or are gold bullion held as reserve assets; and the liabilities of residents of an economy to nonresidents.