Nigeria - Net domestic credit

Net domestic credit (current LCU)

The value for Net domestic credit (current LCU) in Nigeria was 41,383,200,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 41,383,200,000,000 in 2020 and a minimum value of -314,000,000 in 1974.

Definition: Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy (IFS line 32). Data are in current local currency.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1960 53,500,000
1961 105,600,000
1962 197,400,000
1963 264,300,000
1964 337,400,000
1965 364,300,000
1966 457,000,000
1967 491,200,000
1968 620,600,000
1969 822,500,000
1970 1,141,800,000
1971 1,127,000,000
1972 1,273,900,000
1973 1,261,000,000
1974 -314,000,000
1975 1,018,100,000
1976 2,940,400,000
1977 5,946,400,000
1978 7,781,500,000
1979 8,693,400,000
1980 10,731,900,000
1981 15,780,800,000
1982 21,526,700,000
1983 27,707,800,000
1984 30,470,600,000
1985 31,920,000,000
1986 36,459,200,000
1987 40,311,000,000
1988 50,751,700,000
1989 46,020,600,000
1990 61,664,780,000
1991 70,608,700,000
1992 171,071,000,000
1993 280,658,000,000
1994 439,114,000,000
1995 474,361,000,000
1996 371,079,000,000
1997 365,871,000,000
1998 512,490,000,000
1999 632,010,000,000
2000 472,012,000,000
2001 947,611,000,000
2002 1,393,500,000,000
2003 1,853,170,000,000
2004 1,365,970,000,000
2005 1,267,300,000,000
2006 918,539,000,000
2007 3,749,310,000,000
2008 6,067,760,000,000
2009 8,828,700,000,000
2010 9,603,540,000,000
2011 13,514,400,000,000
2012 14,517,900,000,000
2013 17,140,500,000,000
2014 18,798,400,000,000
2015 21,330,800,000,000
2016 26,829,900,000,000
2017 25,956,100,000,000
2018 28,453,000,000,000
2019 36,714,900,000,000
2020 41,383,200,000,000

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets