Nigeria - Broad money (current LCU)
The value for Broad money (current LCU) in Nigeria was 38,627,400,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 38,627,400,000,000 in 2020 and a minimum value of 276,000,000 in 1960.
Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.
Source: International Monetary Fund, International Financial Statistics and data files.
| Year | Value |
|---|---|
| 1960 | 276,000,000 |
| 1961 | 300,000,000 |
| 1962 | 332,800,000 |
| 1963 | 361,700,000 |
| 1964 | 430,800,000 |
| 1965 | 468,500,000 |
| 1966 | 519,800,000 |
| 1967 | 454,000,000 |
| 1968 | 522,100,000 |
| 1969 | 662,600,000 |
| 1970 | 979,300,000 |
| 1971 | 1,041,900,000 |
| 1972 | 1,204,200,000 |
| 1973 | 1,370,100,000 |
| 1974 | 2,592,200,000 |
| 1975 | 4,035,100,000 |
| 1976 | 5,707,700,000 |
| 1977 | 7,675,300,000 |
| 1978 | 7,521,000,000 |
| 1979 | 9,848,800,000 |
| 1980 | 14,389,900,000 |
| 1981 | 15,238,900,000 |
| 1982 | 16,693,500,000 |
| 1983 | 19,034,200,000 |
| 1984 | 21,242,700,000 |
| 1985 | 23,153,000,000 |
| 1986 | 23,605,200,000 |
| 1987 | 28,895,400,000 |
| 1988 | 38,405,800,000 |
| 1989 | 43,370,900,000 |
| 1990 | 57,553,630,000 |
| 1991 | 79,067,300,000 |
| 1992 | 129,085,000,000 |
| 1993 | 198,479,000,000 |
| 1994 | 266,945,000,000 |
| 1995 | 318,763,000,000 |
| 1996 | 370,334,000,000 |
| 1997 | 429,731,000,000 |
| 1998 | 525,638,000,000 |
| 1999 | 699,735,000,000 |
| 2000 | 1,036,080,000,000 |
| 2001 | 1,309,360,000,000 |
| 2002 | 1,555,800,000,000 |
| 2003 | 1,766,010,000,000 |
| 2004 | 2,131,170,000,000 |
| 2005 | 2,612,890,000,000 |
| 2006 | 3,562,700,000,000 |
| 2007 | 6,689,370,000,000 |
| 2008 | 9,513,850,000,000 |
| 2009 | 10,928,000,000,000 |
| 2010 | 11,662,900,000,000 |
| 2011 | 14,192,100,000,000 |
| 2012 | 18,035,900,000,000 |
| 2013 | 20,615,500,000,000 |
| 2014 | 20,451,700,000,000 |
| 2015 | 21,288,200,000,000 |
| 2016 | 28,083,900,000,000 |
| 2017 | 28,473,700,000,000 |
| 2018 | 32,739,600,000,000 |
| 2019 | 34,850,900,000,000 |
| 2020 | 38,627,400,000,000 |
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Monetary holdings (liabilities)
