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Nigeria · Broad money (% GDP)

Nigeria Broad money (% GDP)

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

Latest · 202325.08%
Previous · 202219.03%
Highest · 198028.63%
Lowest · 19969.06%

Nigeria's broad money (% gdp) stands at 25.08% as of 2023-12-31, up from 19.03% in 2022. Historical data runs from 1960 to 2023 (64 observations).

Recent trend

In 2023, Nigeria's broad money (% gdp) was 25.08%, up from 19.03% in 2022.

In 2022, Nigeria's broad money (% gdp) was 19.03%, up from 18.27% in 2021.

In 2021, Nigeria's broad money (% gdp) was 18.27%, up from 18.21% in 2020.

In 2020, Nigeria's broad money (% gdp) was 18.21%, up from 16.99% in 2019.

In 2019, Nigeria's broad money (% gdp) was 16.99%, down from 25.36% in 2018.

Nigeria Broad money (% GDP) — historical data

YearValueChange
202325.08%+6.05%
202219.03%+0.7633%
202118.27%+0.0561%
202018.21%+1.22%
201916.99%-8.37%
201825.36%+0.581%
201724.78%-2.6%
201627.38%+5.01%
201522.37%-0.3228%
201422.69%-2.76%
201325.45%+0.5198%
201224.93%+2.45%
201122.48%+1.12%
201021.36%-3.79%
200925.14%+1.33%
200823.81%+4.52%
200719.29%+7.56%
200611.73%+0.4285%
200511.3%-0.4583%
200411.76%-1.27%
200313.03%-0.5004%
200213.53%-2.37%
200115.9%+1.23%
200014.67%+1.91%
199912.76%+1.82%
199810.94%+1.21%
19979.73%+0.6619%
19969.06%-1.22%
199510.28%-4.81%
199415.09%-0.6958%
199315.79%+1.54%
199214.25%+0.8475%
199113.4%+1.76%
199011.64%+1.18%
198910.45%-1.71%
198812.17%+0.3591%
198711.81%-0.105%
198611.91%-0.4121%
198512.33%-0.4815%
198412.81%+0.818%
198311.99%+0.7902%
198211.2%+0.261%
198110.94%-17.69%
198028.63%+5.67%
197922.95%+2.09%
197820.86%-1.99%
197722.85%+2.9%
197619.95%+2.36%
197517.59%+4.36%
197413.22%+2.04%
197311.18%+0.2702%
197210.91%+0.8708%
197110.04%-0.8858%
197010.93%-3.05%
196913.98%-0.0714%
196814.05%+1.84%
196712.22%+0.7858%
196611.43%+0.2646%
196511.17%+0.3038%
196410.86%+1.06%
19639.8%+0.3126%
19629.49%+0.0887%
19619.4%+0.1933%
19609.21%

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 broad money (% gdp)?

Nigeria's broad money (% gdp) is 25.08% as of 2023-12-31, compared with 19.03% in 2022. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest broad money (% gdp) in Nigeria?

The highest recorded value is 28.63% (1980); the lowest is 9.06% (1996), across data from 1960 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.