Broad Money / Nigeria
Nigeria Broad Money
Nigeria broad money data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 25.08%.
COUNTRY: Nigeria
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-06-15 05:11:34
GM ECONOMY RATING
Nigeria · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
74 / 100
Good stability
Fiscal stability
n/a
Macroeconomic stability
14.1 / 20
External stability
13.0 / 15
Financial robustness
11.0 / 15
Structural stability
10.0 / 15
Future capacity
n/a
Demographic capacity
3.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 67% of weighted inputs available.
Time range:
Selected year: · Value:
Nigeria · broad money data as percent of GDP.
Latest
25.08%
Previous
19.03%
Range avg.
22.02%
Rank
56
Countries by broad money
full rankingGM ECONOMY
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CountryNigeria
IndicatorBroad Money
25.08%2023 · Rank 56
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Nigeria recorded 25.08% for Broad Money in 2023, the latest available observation in this dataset.
Compared with 2022, the indicator increased by 6.05 percentage points, from 19.03% to 25.08%.
The latest observation is above the average of the last 10 available observations (22.02%).
Across the five latest available observations (2019–2023), the pattern is predominantly upward.
Within the last 10 available observations, the low was 16.99% in 2019 and the high was 27.38% in 2016.
Comparison
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