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Broad Money (Local Currency) in Nigeria

Source: World Bank
Last Updated: April 1, 2024

Broad money reached NGN 38,905 bil in 2020 in Nigeria, according to the National Statistical Office. This is 11.6% more than in the previous year.

Historically, broad money in Nigeria reached an all time high of NGN 38,905 bil in 2020 and an all time low of NGN 0.276 bil in 1960.

Nigeria has been ranked 15th within the group of 121 countries we follow in terms of broad money.

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