Net foreign assets fell 59.3% to NGN 3,785 bil in Nigeria in 2022, according to the National Central Bank.
Historically, net foreign assets in Nigeria reached an all time high of NGN 11,838 bil in 2018 and an all time low of NGN -4.36 bil in 1994.
Nigeria has been ranked 27th within the group of 146 countries we follow in terms of net foreign assets, 11 places below the position seen 10 years ago.
| Net Foreign Assets (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 | 9,316 | 7,429 | 6,321 | 5,994 | 8,119 | ||||||||||||||||
| Benin | XOF bil | 1,185 | 1,233 | 1,549 | 2,131 | 2,153 | ||||||||||||||||
| Burkina Faso | XOF bil | 1,442 | 1,508 | 1,989 | 2,634 | 1,974 | ||||||||||||||||
| Cameroon | XAF bil | 2,075 | 2,354 | ... | ... | ... | ... | ... | ||||||||||||||
| Central African Republic | XAF bil | 76.3 | 90.2 | 90.3 | 72.3 | 15.2 | ... | ... | ||||||||||||||
| Chad | XAF bil | -199 | -150 | -146 | -348 | ... | ... | ... | ||||||||||||||
| Gabon | XAF bil | 794 | 481 | ... | ... | ... | ... | ... | ||||||||||||||
| Libya | LYD bil | 119 | 118 | 102 | 343 | 385 | ||||||||||||||||
| Mali | XOF bil | 270 | 224 | 271 | 966 | 512 | ||||||||||||||||
| Niger | XOF bil | 322 | 641 | 566 | 698 | 702 | ||||||||||||||||
| Nigeria | NGN bil | 11,838 | 5,944 | 8,959 | 9,310 | 3,785 | ... | ... | ||||||||||||||
| Sudan | SDG bil | -223 | -221 | -453 | -2,731 | -3,959 | ... | ... | ||||||||||||||
| Togo | XOF bil | 560 | 732 | 982 | 1,093 | 1,080 |
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