Broad money rose 17.4% to NGN 52,187 bil in Nigeria in 2022, according to the National Statistical Office.
Historically, broad money in Nigeria reached an all time high of NGN 52,187 bil in 2022 and an all time low of NGN 0.276 bil in 1960.
Nigeria has been ranked 12th within the group of 116 countries we follow in terms of broad money, 3 places above the position seen 10 years ago.
Broad Money (Local Currency) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | DZD bil | 16,637 | 16,511 | 17,740 | 20,079 | 22,955 | ||||||||||||||||
Benin | XOF bil | 2,213 | 2,346 | 2,752 | 3,211 | 3,628 | ||||||||||||||||
Burkina Faso | XOF bil | 3,718 | 4,056 | 4,779 | 5,585 | 5,717 | ||||||||||||||||
Cameroon | XAF bil | 4,752 | ... | ... | ... | ... | ... | ... | ||||||||||||||
Central African Republic | XAF bil | 343 | 374 | 416 | 477 | 489 | ... | ... | ||||||||||||||
Chad | XAF bil | 913 | 1,120 | 1,316 | 1,496 | ... | ... | ... | ||||||||||||||
Gabon | XAF bil | 2,236 | 2,267 | ... | ... | ... | ... | ... | ||||||||||||||
Libya | LYD bil | 114 | 112 | 128 | 102 | ... | ... | ... | ||||||||||||||
Mali | XOF bil | 2,703 | 2,821 | 3,167 | 4,320 | 4,783 | ||||||||||||||||
Niger | XOF bil | 1,126 | 1,296 | 1,516 | 1,664 | 1,862 | ||||||||||||||||
Nigeria | NGN bil | 32,740 | 34,851 | 38,905 | 44,444 | 52,187 | ... | ... | ||||||||||||||
Sudan | SDG bil | 431 | 690 | 1,296 | ... | ... | ... | ... | ||||||||||||||
Togo | XOF bil | 1,726 | 1,804 | 2,013 | 2,261 | 2,608 |