Total reserves including gold valued at London gold price in Nigeria
Nigeria: Total reserves including gold valued at London gold price was 147.12 billion current US$ in 2011. ◆ Volatile
Total reserves including gold valued at London gold price in Nigeria, 2000–2011
Source: International Monetary Fund. Measured in current US$.
Analysis
The most recent figure for total reserves including gold valued at london gold price in Nigeria is 147.12 billion current US$, measured in 2011. That is the highest value across all 12 years on record.
The figure is up 15.3% on the previous year and up 1,311.5% over ten years.
Over the whole period, total reserves including gold valued at london gold price in Nigeria peaked at 147.12 billion current US$ in 2011 and was at its lowest, 7.47 billion current US$, in 2003.
Nigeria ranks 1st of 38 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves including gold valued at London gold price in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 9.40 billion current US$ | — |
| 2001 | 10.42 billion current US$ | +10.9% |
| 2002 | 7.68 billion current US$ | -26.3% |
| 2003 | 7.47 billion current US$ | -2.8% |
| 2004 | 16.95 billion current US$ | +127.0% |
| 2005 | 28.28 billion current US$ | +66.8% |
| 2006 | 41.83 billion current US$ | +47.9% |
| 2007 | 51.33 billion current US$ | +22.7% |
| 2008 | 77.48 billion current US$ | +50.9% |
| 2009 | 102.61 billion current US$ | +32.4% |
| 2010 | 127.59 billion current US$ | +24.3% |
| 2011 | 147.12 billion current US$ | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.35 billion current US$ | 7.47 billion current US$ | 102.61 billion current US$ | 10 |
| 2010s | 137.36 billion current US$ | 127.59 billion current US$ | 147.12 billion current US$ | 2 |
Countries ranked near Nigeria
More financial sector data for Nigeria
- Net domestic credit (current LCU), per capita 296,323 current LCU per person (2022)
- Net domestic credit (current LCU), per unit of GDP 102.21 current LCU per US$ of GDP (2022)
- Net domestic credit (current LCU), annual growth rate 35.83 % change on previous year (2022)
- Gold reserves at 35 SDRs per ounce 24.13 million SDR (2025)
- Gold reserves at market value 2.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 28.09 billion SDR (2025)
- Reserves excluding gold 31.41 billion SDR (2025)
- Total reserves (gold at market value) 33.61 billion SDR (2025)
- Total reserves (gold at national valuation) 33.58 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 141.38 SDR per person (2025)
Frequently asked questions
- What is total reserves including gold valued at london gold price in Nigeria?
- Total reserves including gold valued at london gold price in Nigeria was 147.12 billion current US$ in 2011, according to International Monetary Fund.
- What is the highest total reserves including gold valued at london gold price recorded in Nigeria?
- The highest recorded value was 147.12 billion current US$ in 2011.
- What is the lowest total reserves including gold valued at london gold price recorded in Nigeria?
- The lowest recorded value was 7.47 billion current US$ in 2003.
- How does Nigeria rank for total reserves including gold valued at london gold price?
- Nigeria ranks 1st out of 38 countries with data for 2011.
- Is total reserves including gold valued at london gold price rising or falling in Nigeria?
- Over the last ten years it is up 1,311.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Monetary Fund, published as part of Total reserves including gold valued at London gold price (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross international reserves comprise holdings of monetary gold, special drawing rights, the reserve position of members in the International Monetary Fund (IMF), and holdings of foreign exchange under the control of monetary authorities. The gold component is valued at end-of-year London prices.