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Nigeria · Money supply growth

Nigeria Money supply growth

The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31

Latest · 202350.92%
Previous · 202217.42%
Highest · 197489.2%
Lowest · 1967-12.66%

Nigeria's money supply growth stands at 50.92% as of 2023-12-31, up from 17.42% in 2022. Historical data runs from 1961 to 2023 (63 observations).

Recent trend

In 2023, Nigeria's money supply growth was 50.92%, up from 17.42% in 2022.

In 2022, Nigeria's money supply growth was 17.42%, up from 14.24% in 2021.

In 2021, Nigeria's money supply growth was 14.24%, up from 11.63% in 2020.

In 2020, Nigeria's money supply growth was 11.63%, up from 6.45% in 2019.

In 2019, Nigeria's money supply growth was 6.45%, down from 14.98% in 2018.

Nigeria Money supply growth — historical data

YearValueChange
202350.92%+33.5%
202217.42%+3.19%
202114.24%+2.6%
202011.63%+5.18%
20196.45%-8.53%
201814.98%+13.59%
20171.39%-30.53%
201631.92%+27.83%
20154.09%+4.88%
2014-0.7942%-15.1%
201314.3%-12.78%
201227.08%+5.4%
201121.69%+14.96%
20106.72%-8.14%
200914.86%-27.36%
200842.22%-45.54%
200787.76%+51.41%
200636.35%+13.75%
200522.6%+1.93%
200420.68%+7.17%
200313.51%-5.31%
200218.82%-7.56%
200126.38%-21.69%
200048.07%+14.95%
199933.12%+10.8%
199822.32%+6.28%
199716.04%-0.1392%
199616.18%-3.23%
199519.41%-15.08%
199434.5%-19.26%
199353.76%-9.5%
199263.26%+25.88%
199137.38%+4.68%
199032.7%+19.77%
198912.93%-19.99%
198832.91%+10.5%
198722.41%+20.46%
19861.95%-7.04%
19858.99%-2.61%
198411.6%-2.42%
198314.02%+4.48%
19829.55%+3.65%
19815.9%-40.21%
198046.11%+15.16%
197930.95%+32.96%
1978-2.01%-36.48%
197734.47%-6.98%
197641.45%-14.21%
197555.66%-33.53%
197489.2%+75.42%
197313.78%-1.8%
197215.58%+9.18%
19716.39%-41.4%
197047.8%+20.89%
196926.91%+11.91%
196815%+27.66%
1967-12.66%-23.61%
196610.95%+2.2%
19658.75%-10.35%
196419.1%+10.42%
19638.68%-2.25%
196210.93%+2.24%
19618.7%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

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Frequently asked questions

What is Nigeria's money supply growth?

Nigeria's money supply growth is 50.92% as of 2023-12-31, compared with 17.42% in 2022. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest money supply growth in Nigeria?

The highest recorded value is 89.2% (1974); the lowest is -12.66% (1967), across data from 1961 to 2023.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.