Foreign Exchange Reserves, Including Gold (Months of Imports) in Nigeria

Foreign exchange reserves, including gold in terms of months of imports reached 5.60 months in 2020 in Nigeria, according to the National Statistical Office. This is 36.8% more than in the previous year.

Historically, foreign exchange reserves, including gold in terms of months of imports in Nigeria reached an all time high of 19.2 months in 1998 and an all time low of 1.01 months in 1983.

Nigeria has been ranked 69th within the group of 141 countries we follow in terms of foreign exchange reserves, including gold in terms of months of imports.