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

05.0T10.0T15.0T20.0T196019852011

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 Zambia 26.24 trillion current LCU compare
  2. 3 Guinea 15.74 trillion current LCU compare
  3. 4 Tanzania 15.39 trillion current LCU compare
  4. 5 Uganda 13.75 trillion current LCU compare

See the full ranking of 52 places →

More financial sector data for Nigeria

All data for Nigeria →

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.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Total assets (current LCU)
Unit
current LCU
Source
International Monetary Fund, International Financial Statistics and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 2,183 data points, 1960–2011
Last refreshed

Liabilities consists of money, quasi-money and other liabilities, net, end of year stocks.