Reserve assets, Special Drawing Rights (SDRs) (Assets, Positions, US) in Nigeria
Nigeria: Reserve assets, Special Drawing Rights (SDRs) (Assets, Positions, US) was 4,819 US dollar per square kilometre in 2023. ◆ Volatile
Reserve assets, Special Drawing Rights (SDRs) (Assets, Positions, US) in Nigeria, 2005–2023
Source: Statizoid (derived). Measured in US dollar per square kilometre.
Analysis
The most recent figure for reserve assets, special drawing rights (sdrs) (assets, positions, us) in Nigeria is 4,819 US dollar per square kilometre, measured in 2023.
The figure is down 12.6% on the previous year and up 70.1% over ten years.
Over the whole period, reserve assets, special drawing rights (sdrs) (assets, positions, us) in Nigeria peaked at 5,839 US dollar per square kilometre in 2021 and was at its lowest, 0.4547 US dollar per square kilometre, in 2005.
Nigeria ranks 79th of 158 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.
Reserve assets, Special Drawing Rights (SDRs) (Assets, Positions, US) in Nigeria, year by year
| Year | US dollar per square kilometre | Change |
|---|---|---|
| 2005 | 0.4547 US dollar per square kilometre | — |
| 2006 | 0.4611 US dollar per square kilometre | +1.4% |
| 2007 | 0.8784 US dollar per square kilometre | +90.5% |
| 2008 | 1.3 US dollar per square kilometre | +47.5% |
| 2009 | 2,661 US dollar per square kilometre | +205257.3% |
| 2010 | 2,833 US dollar per square kilometre | +6.5% |
| 2011 | 2,824 US dollar per square kilometre | -0.3% |
| 2012 | 2,827 US dollar per square kilometre | +0.1% |
| 2013 | 2,832 US dollar per square kilometre | +0.2% |
| 2014 | 2,664 US dollar per square kilometre | -5.9% |
| 2015 | 2,551 US dollar per square kilometre | -4.3% |
| 2016 | 2,207 US dollar per square kilometre | -13.5% |
| 2017 | 2,339 US dollar per square kilometre | +6.0% |
| 2018 | 2,289 US dollar per square kilometre | -2.1% |
| 2019 | 2,276 US dollar per square kilometre | -0.6% |
| 2020 | 2,329 US dollar per square kilometre | +2.4% |
| 2021 | 5,839 US dollar per square kilometre | +150.6% |
| 2022 | 5,514 US dollar per square kilometre | -5.6% |
| 2023 | 4,819 US dollar per square kilometre | -12.6% |
Nigeria compared with similar countries
- Nigeria's 4,819 US dollar per square kilometre is above the median for lower middle income countries, which is 913.23 US dollar per square kilometre, 5.3× the median. (38 countries reporting)
- Nigeria's 4,819 US dollar per square kilometre is above the median for Sub-Saharan Africa, which is 606.18 US dollar per square kilometre, 7.9× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Reserve assets, Special Drawing Rights (SDRs) (Assets, Positions, US) 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 |
|---|---|---|---|
| 2009 | +205257.3% | 1.3 US dollar per square kilometre | 2,661 US dollar per square kilometre |
| 2021 | +150.6% | 2,329 US dollar per square kilometre | 5,839 US dollar per square kilometre |
| 2007 | +90.5% | 0.4611 US dollar per square kilometre | 0.8784 US dollar per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 532.74 US dollar per square kilometre | 0.4547 US dollar per square kilometre | 2,661 US dollar per square kilometre | 5 |
| 2010s | 2,564 US dollar per square kilometre | 2,207 US dollar per square kilometre | 2,833 US dollar per square kilometre | 10 |
| 2020s | 4,625 US dollar per square kilometre | 2,329 US dollar per square kilometre | 5,839 US dollar per square kilometre | 4 |
Countries ranked near Nigeria
- 76 Sierra Leone 5,105 US dollar per square kilometre compare
- 77 South Africa 4,863 US dollar per square kilometre compare
- 78 Uruguay 4,842 US dollar per square kilometre compare
- 80 Chile 4,513 US dollar per square kilometre compare
- 81 Morocco 4,405 US dollar per square kilometre compare
- 82 Haiti 3,989 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, special drawing rights (sdrs) (assets, positions, us) in Nigeria?
- Reserve assets, special drawing rights (sdrs) (assets, positions, us) in Nigeria was 4,819 US dollar per square kilometre in 2023, according to Statizoid (derived).
- What is the highest reserve assets, special drawing rights (sdrs) (assets, positions, us) recorded in Nigeria?
- The highest recorded value was 5,839 US dollar per square kilometre in 2021.
- What is the lowest reserve assets, special drawing rights (sdrs) (assets, positions, us) recorded in Nigeria?
- The lowest recorded value was 0.4547 US dollar per square kilometre in 2005.
- How does Nigeria rank for reserve assets, special drawing rights (sdrs) (assets, positions, us)?
- Nigeria ranks 79th out of 158 countries with data for 2023.
- Is reserve assets, special drawing rights (sdrs) (assets, positions, us) rising or falling in Nigeria?
- Over the last ten years it is up 70.1%. 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 Reserve assets, Special Drawing Rights (SDRs) (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, Special Drawing Rights (SDRs) (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, Special Drawing Rights (SDRs) (Assets, Positions, US dollar) ÷ Land area (sq. km)
Computed from
- Reserve assets, Special Drawing Rights (SDRs) 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, Special Drawing Rights (SDRs) (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.