Domestic financing, monetary system credit in Nigeria
Nigeria: Domestic financing, monetary system credit was -393.38 billion current LCU in 2005. ◆ Volatile
Domestic financing, monetary system credit in Nigeria, 1994–2005
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for domestic financing, monetary system credit in Nigeria is -393.38 billion current LCU, measured in 2005.
The figure is up 49.4% on the previous year and down 1,465.8% over ten years.
Over the whole period, domestic financing, monetary system credit in Nigeria peaked at 369.00 billion current LCU in 2002 and was at its lowest, -777.02 billion current LCU, in 2004.
Nigeria ranks 44th of 49 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.83 billion current LCU | -214.29 billion current LCU | 238.00 billion current LCU | 6 |
| 2000s | -114.47 billion current LCU | -777.02 billion current LCU | 369.00 billion current LCU | 6 |
Countries ranked near Nigeria
More science & technology data for Nigeria
- Scientific and technical journal articles 9,799 (2023)
- Mobile phone subscriptions 164.65 million (2024)
- Mobile phone subscriptions per 100 people 70.76 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 70.76 per 100 people (2024)
- Patent applications, nonresidents 598 (2020)
- Share of the population using the Internet 41.2% (2024)
- Patent applications, residents 410 (2020)
- Number of people using the Internet 77.60 million users (2021)
- Landline Internet subscriptions per 100 people 0.0787 per 100 people (2024)
- Landline Internet subscriptions 183,207 (2024)
Frequently asked questions
- What is domestic financing, monetary system credit in Nigeria?
- Domestic financing, monetary system credit in Nigeria was -393.38 billion current LCU in 2005, according to World Bank country economists.
- What is the highest domestic financing, monetary system credit recorded in Nigeria?
- The highest recorded value was 369.00 billion current LCU in 2002.
- What is the lowest domestic financing, monetary system credit recorded in Nigeria?
- The lowest recorded value was -777.02 billion current LCU in 2004.
- How does Nigeria rank for domestic financing, monetary system credit?
- Nigeria ranks 44th out of 49 countries with data for 2005.
- Is domestic financing, monetary system credit rising or falling in Nigeria?
- Over the last ten years it is down 1,465.8%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from World Bank country economists, published as part of Domestic financing, monetary system credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Domestic financing, monetary system credit. Data are in current local currency.