Total assets in Nigeria
Nigeria: Total assets was 20.79 trillion current LCU in 2011. ◆ Volatile
Latest (2011)
20.79 trillion current LCU
Change on year
up 23.8%
World rank
2nd
of 52 countries
All-time high
20.79 trillion current LCU
in 2011
All-time low
274.50 million current LCU
in 1960
Years of data
52
1960–2011
Total assets in Nigeria, 1960–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
The most recent figure for total assets in Nigeria is 20.79 trillion current LCU, measured in 2011. That is the highest value across all 52 years on record.
Compared with earlier readings it is up 23.8% on the previous year and up 814.6% over ten years.
Over the whole period, total assets in Nigeria peaked at 20.79 trillion current LCU in 2011 and was at its lowest, 274.50 million current LCU, in 1960.
That places Nigeria 2nd out of 52 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total assets in Nigeria, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 274.50 million current LCU | — |
| 1961 | 329.20 million current LCU | +19.9% |
| 1962 | 400.90 million current LCU | +21.8% |
| 1963 | 417.87 million current LCU | +4.2% |
| 1964 | 469.57 million current LCU | +12.4% |
| 1965 | 523.97 million current LCU | +11.6% |
| 1966 | 594.70 million current LCU | +13.5% |
| 1967 | 546.40 million current LCU | -8.1% |
| 1968 | 700.21 million current LCU | +28.1% |
| 1969 | 916.71 million current LCU | +30.9% |
| 1970 | 1.30 billion current LCU | +41.3% |
| 1971 | 1.41 billion current LCU | +8.6% |
| 1972 | 1.52 billion current LCU | +7.9% |
| 1973 | 1.68 billion current LCU | +10.4% |
| 1974 | 3.18 billion current LCU | +90.1% |
| 1975 | 4.68 billion current LCU | +47.1% |
| 1976 | 6.27 billion current LCU | +33.9% |
| 1977 | 8.84 billion current LCU | +40.9% |
| 1978 | 9.20 billion current LCU | +4.1% |
| 1979 | 11.92 billion current LCU | +29.6% |
| 1980 | 16.34 billion current LCU | +37.1% |
| 1981 | 18.34 billion current LCU | +12.2% |
| 1982 | 22.58 billion current LCU | +23.2% |
| 1983 | 28.52 billion current LCU | +26.3% |
| 1984 | 31.89 billion current LCU | +11.8% |
| 1985 | 33.74 billion current LCU | +5.8% |
| 1986 | 40.92 billion current LCU | +21.3% |
| 1987 | 47.18 billion current LCU | +15.3% |
| 1988 | 58.73 billion current LCU | +24.5% |
| 1989 | 64.32 billion current LCU | +9.5% |
| 1990 | 102.98 billion current LCU | +60.1% |
| 1991 | 124.66 billion current LCU | +21.1% |
| 1992 | 180.24 billion current LCU | +44.6% |
| 1993 | 289.24 billion current LCU | +60.5% |
| 1994 | 434.75 billion current LCU | +50.3% |
| 1995 | 535.57 billion current LCU | +23.2% |
| 1996 | 564.77 billion current LCU | +5.5% |
| 1997 | 555.48 billion current LCU | -1.6% |
| 1998 | 715.72 billion current LCU | +28.8% |
| 1999 | 1.28 trillion current LCU | +78.6% |
| 2000 | 1.64 trillion current LCU | +28.1% |
| 2001 | 2.27 trillion current LCU | +38.9% |
| 2002 | 2.65 trillion current LCU | +16.5% |
| 2003 | 3.21 trillion current LCU | +21.2% |
| 2004 | 3.98 trillion current LCU | +24.0% |
| 2005 | 5.13 trillion current LCU | +29.0% |
| 2006 | 7.11 trillion current LCU | +38.5% |
| 2007 | 11.54 trillion current LCU | +62.4% |
| 2008 | 15.16 trillion current LCU | +31.4% |
| 2009 | 16.55 trillion current LCU | +9.1% |
| 2010 | 16.80 trillion current LCU | +1.5% |
| 2011 | 20.79 trillion current LCU | +23.8% |
Nigeria compared with similar countries
- Nigeria's 20.79 trillion current LCU is above the median for lower middle income countries, which is 1.34 trillion current LCU, 15.5× the median. (24 countries reporting)
- Nigeria's 20.79 trillion current LCU is above the median for Sub-Saharan Africa, which is 770.19 billion current LCU, 27.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 517.40 million current LCU | 274.50 million current LCU | 916.71 million current LCU | 10 |
| 1970s | 5.00 billion current LCU | 1.30 billion current LCU | 11.92 billion current LCU | 10 |
| 1980s | 36.25 billion current LCU | 16.34 billion current LCU | 64.32 billion current LCU | 10 |
| 1990s | 478.16 billion current LCU | 102.98 billion current LCU | 1.28 trillion current LCU | 10 |
| 2000s | 6.92 trillion current LCU | 1.64 trillion current LCU | 16.55 trillion current LCU | 10 |
| 2010s | 18.79 trillion current LCU | 16.80 trillion current LCU | 20.79 trillion current LCU | 2 |
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 total assets in Nigeria?
- Total assets in Nigeria was 20.79 trillion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest total assets recorded in Nigeria?
- The highest recorded value was 20.79 trillion current LCU in 2011.
- What is the lowest total assets recorded in Nigeria?
- The lowest recorded value was 274.50 million current LCU in 1960.
- How does Nigeria rank for total assets?
- Nigeria ranks 2nd out of 52 countries with data for 2011.
- Is total assets rising or falling in Nigeria?
- Over the last ten years it is up 814.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Total assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Liabilities consists of money, quasi-money and other liabilities, net, end of year stocks.