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Broad Money Growth in Nigeria

Source: World Bank
Last Updated: February 1, 2023

Broad money growth reached 11.6% in 2020 in Nigeria, according to the National Statistical Office. This is 80.4% more than in the previous year.

Historically, broad money growth in Nigeria reached an all time high of 89.2% in 1974 and an all time low of -12.7% in 1967.

Nigeria has been ranked 79th within the group of 121 countries we follow in terms of broad money growth.

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