Total reserves (gold at market value) (SDR), per square kilometre in Nigeria
Nigeria: Total reserves (gold at market value) (SDR), per square kilometre was 27,376 SDR per square kilometre in 2023. ◆ Volatile
Total reserves (gold at market value) (SDR), per square kilometre in Nigeria, 1961–2023
Source: Statizoid (derived). Measured in SDR per square kilometre.
Analysis
In 2023, total reserves (gold at market value) (sdr), per square kilometre in Nigeria stood at 27,376 SDR per square kilometre.
The figure is down 9.9% on the previous year and down 12.1% over ten years.
Over the whole period, total reserves (gold at market value) (sdr), per square kilometre in Nigeria peaked at 38,207 SDR per square kilometre in 2008 and was at its lowest, 123.37 SDR per square kilometre, in 1967.
That places Nigeria 121st out of 179 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves (gold at market value) (SDR), per square kilometre in Nigeria, year by year
| Year | SDR per square kilometre | Change |
|---|---|---|
| 1961 | 337.15 SDR per square kilometre | — |
| 1962 | 317.34 SDR per square kilometre | -5.9% |
| 1963 | 230.61 SDR per square kilometre | -27.3% |
| 1964 | 250.4 SDR per square kilometre | +8.6% |
| 1965 | 262.48 SDR per square kilometre | +4.8% |
| 1966 | 236.45 SDR per square kilometre | -9.9% |
| 1967 | 123.37 SDR per square kilometre | -47.8% |
| 1968 | 133.07 SDR per square kilometre | +7.9% |
| 1969 | 145.44 SDR per square kilometre | +9.3% |
| 1970 | 245.4 SDR per square kilometre | +68.7% |
| 1971 | 436.82 SDR per square kilometre | +78.0% |
| 1972 | 395.12 SDR per square kilometre | -9.5% |
| 1973 | 566.9 SDR per square kilometre | +43.5% |
| 1974 | 5,120 SDR per square kilometre | +803.1% |
| 1975 | 5,314 SDR per square kilometre | +3.8% |
| 1976 | 4,968 SDR per square kilometre | -6.5% |
| 1977 | 3,919 SDR per square kilometre | -21.1% |
| 1978 | 1,710 SDR per square kilometre | -56.4% |
| 1979 | 4,917 SDR per square kilometre | +187.6% |
| 1980 | 9,160 SDR per square kilometre | +86.3% |
| 1981 | 3,932 SDR per square kilometre | -57.1% |
| 1982 | 1,917 SDR per square kilometre | -51.2% |
| 1983 | 1,313 SDR per square kilometre | -31.5% |
| 1984 | 1,875 SDR per square kilometre | +42.8% |
| 1985 | 1,891 SDR per square kilometre | +0.8% |
| 1986 | 1,212 SDR per square kilometre | -35.9% |
| 1987 | 1,159 SDR per square kilometre | -4.3% |
| 1988 | 761.24 SDR per square kilometre | -34.3% |
| 1989 | 1,705 SDR per square kilometre | +124.0% |
| 1990 | 3,186 SDR per square kilometre | +86.9% |
| 1991 | 3,591 SDR per square kilometre | +12.7% |
| 1992 | 955.07 SDR per square kilometre | -73.4% |
| 1993 | 1,311 SDR per square kilometre | +37.3% |
| 1994 | 1,240 SDR per square kilometre | -5.4% |
| 1995 | 1,262 SDR per square kilometre | +1.8% |
| 1996 | 3,306 SDR per square kilometre | +161.9% |
| 1997 | 6,332 SDR per square kilometre | +91.5% |
| 1998 | 5,691 SDR per square kilometre | -10.1% |
| 1999 | 4,520 SDR per square kilometre | -20.6% |
| 2000 | 8,511 SDR per square kilometre | +88.3% |
| 2001 | 9,302 SDR per square kilometre | +9.3% |
| 2002 | 6,111 SDR per square kilometre | -34.3% |
| 2003 | 5,479 SDR per square kilometre | -10.3% |
| 2004 | 12,200 SDR per square kilometre | +122.7% |
| 2005 | 21,995 SDR per square kilometre | +80.3% |
| 2006 | 31,190 SDR per square kilometre | +41.8% |
| 2007 | 36,065 SDR per square kilometre | +15.6% |
| 2008 | 38,207 SDR per square kilometre | +5.9% |
| 2009 | 30,207 SDR per square kilometre | -20.9% |
| 2010 | 23,745 SDR per square kilometre | -21.4% |
| 2011 | 24,095 SDR per square kilometre | +1.5% |
| 2012 | 32,129 SDR per square kilometre | +33.3% |
| 2013 | 31,139 SDR per square kilometre | -3.1% |
| 2014 | 26,578 SDR per square kilometre | -14.6% |
| 2015 | 22,987 SDR per square kilometre | -13.5% |
| 2016 | 22,885 SDR per square kilometre | -0.4% |
| 2017 | 31,224 SDR per square kilometre | +36.4% |
| 2018 | 33,820 SDR per square kilometre | +8.3% |
| 2019 | 31,270 SDR per square kilometre | -7.5% |
| 2020 | 28,991 SDR per square kilometre | -7.3% |
| 2021 | 32,735 SDR per square kilometre | +12.9% |
| 2022 | 30,369 SDR per square kilometre | -7.2% |
| 2023 | 27,376 SDR per square kilometre | -9.9% |
Nigeria compared with similar countries
- Nigeria's 27,376 SDR per square kilometre is above the median for lower middle income countries, which is 18,034 SDR per square kilometre, 1.5× the median. (40 countries reporting)
- Nigeria's 27,376 SDR per square kilometre is above the median for Sub-Saharan Africa, which is 4,748 SDR per square kilometre, 5.8× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total reserves (gold at market value) (SDR), per square kilometre 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 |
|---|---|---|---|
| 1974 | +803.1% | 566.9 SDR per square kilometre | 5,120 SDR per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 226.26 SDR per square kilometre | 123.37 SDR per square kilometre | 337.15 SDR per square kilometre | 9 |
| 1970s | 2,759 SDR per square kilometre | 245.4 SDR per square kilometre | 5,314 SDR per square kilometre | 10 |
| 1980s | 2,493 SDR per square kilometre | 761.24 SDR per square kilometre | 9,160 SDR per square kilometre | 10 |
| 1990s | 3,140 SDR per square kilometre | 955.07 SDR per square kilometre | 6,332 SDR per square kilometre | 10 |
| 2000s | 19,927 SDR per square kilometre | 5,479 SDR per square kilometre | 38,207 SDR per square kilometre | 10 |
| 2010s | 27,987 SDR per square kilometre | 22,885 SDR per square kilometre | 33,820 SDR per square kilometre | 10 |
| 2020s | 29,868 SDR per square kilometre | 27,376 SDR per square kilometre | 32,735 SDR per square kilometre | 4 |
Countries ranked near Nigeria
- 118 Nicaragua 33,737 SDR per square kilometre compare
- 119 Brazil 31,659 SDR per square kilometre compare
- 120 Belarus 29,808 SDR per square kilometre compare
- 122 Russian Federation 27,180 SDR per square kilometre compare
- 123 Algeria 25,416 SDR per square kilometre compare
- 124 Egypt 24,761 SDR 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 total reserves (gold at market value) (sdr), per square kilometre in Nigeria?
- Total reserves (gold at market value) (sdr), per square kilometre in Nigeria was 27,376 SDR per square kilometre in 2023, according to Statizoid (derived).
- What is the highest total reserves (gold at market value) (sdr), per square kilometre recorded in Nigeria?
- The highest recorded value was 38,207 SDR per square kilometre in 2008.
- What is the lowest total reserves (gold at market value) (sdr), per square kilometre recorded in Nigeria?
- The lowest recorded value was 123.37 SDR per square kilometre in 1967.
- How does Nigeria rank for total reserves (gold at market value) (sdr), per square kilometre?
- Nigeria ranks 121st out of 179 countries with data for 2023.
- Is total reserves (gold at market value) (sdr), per square kilometre rising or falling in Nigeria?
- Over the last ten years it is down 12.1%. 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 Total reserves (gold at market value) (SDR), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Total reserves (gold at market value) (SDR) 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.
Total reserves (gold at market value) (SDR) ÷ Land area (sq. km)
Computed from
- Total reserves (gold at market value) 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
Total reserves (gold at market value) (SDR) 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.