Nigeria Gold Reserves

1950 - 2024 | Monthly | USD mn | CEIC Data

Key information about Nigeria Gold Reserves

  • Nigeria Gold Reserves was reported at 1.600 USD bn in Jun 2024
  • This records a decrease from the previous number of 1.600 USD bn for May 2024
  • Nigeria Gold Reserves data is updated monthly, averaging 2.645 USD mn from Dec 1950 to Jun 2024, with 765 observations
  • The data reached an all-time high of 1.600 USD bn in May 2024 and a record low of 0.000 USD mn in Sep 1961
  • Nigeria Gold Reserves data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Gold Reserves: USD: Monthly

CEIC converts monthly Gold Reserves into USD. Central Bank of Nigeria provides Gold Reserves in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions. Effective on December 2019, the Central Bank of Nigeria fully adopted the Standardized Report Forms (SRFs) for compiling, presenting, and disseminating monetary statistics as well as policy decisions in line with the IMF Monetary and Financial Statistics Manual 2000 (MFSM) and the 2008 Monetary and Financial Statistics Compilation Guide (MFS Guide). Gold Reserves prior to December 2007 is sourced from the International Monetary Fund.

View Nigeria's Gold Reserves from Dec 1950 to Jun 2024 in the chart:

Nigeria Gold Reserves

What was Nigeria's Gold Reserves in Jun 2024?

Nigeria Gold Reserves was reported at 1.600 USD bn in Jun 2024 See the table below for more data.

Last Previous Min Max Unit Frequency Range
1,599.957 Jun 2024 1,600.351 May 2024 0.000 Sep 1961 1,600.351 May 2024 USD mn monthly Dec 1950 - Jun 2024

Gold Reserves by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 301.454 Oct 2024 monthly Dec 1993 - Oct 2024
Algeria (USD mn) 256.606 Nov 2024 monthly Dec 1950 - Nov 2024
Argentina (USD mn) 5,436.810 Oct 2024 monthly Dec 1956 - Oct 2024
Armenia (USD mn) 0.000 Nov 2024 monthly Dec 1992 - Nov 2024
Australia (USD mn) 6,802.828 Nov 2024 monthly Jan 1958 - Nov 2024
Austria (USD mn) 24,862.292 Oct 2024 monthly Jan 1957 - Oct 2024
Azerbaijan (USD mn) 0.000 Sep 2024 monthly Dec 1992 - Sep 2024
Bahrain (USD mn) 6.648 Oct 2024 monthly Jan 1966 - Oct 2024
Bangladesh (USD mn) 1,273.739 Oct 2024 monthly Jan 1972 - Oct 2024
Belarus (USD mn) 4,594.823 Nov 2024 monthly Dec 2002 - Nov 2024
Belgium (USD mn) 20,200.000 Oct 2024 monthly Dec 1956 - Oct 2024
Bolivia (USD mn) 1,815.100 Aug 2024 monthly Dec 1956 - Aug 2024
Bosnia and Herzegovina (USD mn) 130.879 Oct 2024 monthly Aug 1997 - Oct 2024
Brazil (USD mn) 11,085.000 Nov 2024 monthly Dec 1956 - Nov 2024
Brunei (USD mn) 352.746 Jul 2024 monthly Dec 1999 - Jul 2024
Bulgaria (USD mn) 3,482.071 Nov 2024 monthly Dec 1991 - Nov 2024
Cambodia (USD mn) 3,439.182 Aug 2024 monthly Dec 1993 - Aug 2024
Canada (USD mn) 0.000 Nov 2024 monthly Dec 1956 - Nov 2024
Chile (USD mn) 21.987 Oct 2024 monthly Dec 1957 - Oct 2024
China (USD mn) 193,431.000 Nov 2024 monthly Dec 1977 - Nov 2024
Colombia (USD mn) 417.800 Oct 2024 monthly Dec 1956 - Oct 2024
Croatia (USD mn) 0.000 Oct 2024 monthly Jan 1992 - Oct 2024
Cyprus (USD mn) 1,187.577 Nov 2024 monthly Mar 1968 - Nov 2024
Czech Republic (USD mn) 4,403.648 Oct 2024 monthly Jan 1993 - Oct 2024
Denmark (USD mn) 5,850.847 Oct 2024 monthly Jan 1962 - Oct 2024
Ecuador (USD mn) 2,240.039 Nov 2024 monthly Dec 1956 - Nov 2024
Egypt (USD mn) 10,723.000 Sep 2024 monthly Dec 1956 - Sep 2024
Estonia (USD mn) 21.938 Nov 2024 monthly Jun 1992 - Nov 2024
Finland (USD mn) 4,353.941 Oct 2024 monthly Jan 1970 - Oct 2024
France (USD mn) 216,395.666 Oct 2024 monthly Dec 1956 - Oct 2024
Georgia (USD mn) 608.358 Nov 2024 monthly Oct 1995 - Nov 2024
Germany (USD mn) 286,317.300 Nov 2024 monthly Dec 1998 - Nov 2024
Ghana (Metric Ton) 1,000.000 2023 yearly 2008 - 2023
Greece (USD mn) 10,171.135 Oct 2024 monthly Dec 1956 - Oct 2024
Hong Kong SAR, China (USD mn) 186.000 Oct 2024 monthly Dec 1990 - Oct 2024
Hungary (USD mn) 9,422.396 Nov 2024 monthly Dec 1971 - Nov 2024
Iceland (USD mn) 168.596 Nov 2024 monthly Dec 1956 - Nov 2024
India (USD mn) 65,749.000 Sep 2024 monthly Dec 1956 - Sep 2024
Indonesia (USD mn) 6,724.220 Nov 2024 monthly Jun 1964 - Nov 2024
Ireland (USD mn) 1,067.735 Oct 2024 monthly Dec 1956 - Oct 2024
Israel (USD mn) 0.000 Feb 2019 monthly Dec 1950 - Feb 2019
Italy (USD mn) 209,457.690 Nov 2024 monthly Dec 1956 - Nov 2024
Ivory Coast (USD mn) 0.000 Aug 2024 monthly Dec 1976 - Aug 2024
Japan (USD mn) 72,106.000 Nov 2024 monthly Dec 1956 - Nov 2024
Jordan (USD mn) 5,873.419 Sep 2024 monthly Jan 1965 - Sep 2024
Kazakhstan (USD mn) 25,928.000 Oct 2024 monthly Dec 1993 - Oct 2024
Kenya (USD mn) 1.488 Sep 2024 monthly Sep 1973 - Sep 2024
South Korea (USD mn) 4,794.759 Oct 2024 monthly Dec 1956 - Oct 2024
Kosovo (USD mn) 0.000 Nov 2024 monthly Sep 2007 - Nov 2024
Kuwait (USD mn) 103.476 Oct 2024 monthly Dec 1961 - Oct 2024
Kyrgyzstan (USD mn) 3,062.590 Nov 2024 monthly Sep 1995 - Nov 2024
Laos (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Latvia (USD mn) 590.512 Oct 2024 monthly Dec 1992 - Oct 2024
Lebanon (USD mn) 25,621.602 Oct 2024 monthly Dec 1950 - Oct 2024
Lithuania (USD mn) 498.029 Nov 2024 monthly Dec 1992 - Nov 2024
Luxembourg (USD mn) 197.253 Oct 2024 monthly Jan 1999 - Oct 2024
North Macedonia (USD mn) 615.962 Oct 2024 monthly Dec 1992 - Oct 2024
Malawi (USD mn) 22.783 Nov 2015 monthly Jan 1972 - Nov 2015
Malaysia (USD mn) 3,300.000 Nov 2024 monthly Dec 1956 - Nov 2024
Mali (Metric Ton) 800.000 2023 yearly 2020 - 2023
Malta (USD mn) 24.040 Nov 2024 monthly Jan 1968 - Nov 2024
Mauritius (USD mn) 1,056.005 Nov 2024 monthly Dec 1976 - Nov 2024
Mexico (USD mn) 10,579.773 Oct 2024 monthly Dec 1956 - Oct 2024
Moldova (USD mn) 6.255 Nov 2024 monthly Jan 2000 - Nov 2024
Mongolia (USD mn) 649.730 Oct 2024 monthly Dec 1980 - Oct 2024
Montenegro (USD mn) 0.000 Sep 2024 monthly Dec 2002 - Sep 2024
Morocco (USD mn) 1,890.626 Nov 2024 monthly Jan 1960 - Nov 2024
Myanmar (USD mn) 521.110 Mar 2024 monthly Dec 1950 - Mar 2024
Nepal (USD mn) 680.293 Oct 2024 monthly Jul 1957 - Oct 2024
Netherlands (USD mn) 54,384.636 Oct 2024 monthly Dec 1956 - Oct 2024
New Zealand (USD mn) 0.000 Nov 2024 monthly Dec 1950 - Nov 2024
Nigeria (USD mn) 1,599.957 Jun 2024 monthly Dec 1950 - Jun 2024
Norway (USD mn) 0.000 Nov 2024 monthly Dec 1959 - Nov 2024
Oman (USD mn) 571.391 Sep 2024 monthly Dec 1969 - Sep 2024
Pakistan (USD mn) 5,690.437 Oct 2024 monthly Dec 1956 - Oct 2024
Panama (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Papua New Guinea (Metric Ton) 1,100.000 2022 yearly 2008 - 2022
Paraguay (USD mn) 698.550 Nov 2024 monthly Dec 1956 - Nov 2024
Peru (USD mn) 2,942.000 Nov 2024 monthly Dec 1956 - Nov 2024
Philippines (USD mn) 11,353.948 Oct 2024 monthly Dec 1956 - Oct 2024
Poland (USD mn) 38,395.500 Nov 2024 monthly Jan 1983 - Nov 2024
Portugal (USD mn) 33,979.787 Oct 2024 monthly Dec 1956 - Oct 2024
Qatar (USD mn) 9,817.637 Oct 2024 monthly Dec 1966 - Oct 2024
Romania (USD mn) 8,858.067 Nov 2024 monthly Dec 1973 - Nov 2024
Russia (USD mn) 207,699.000 Oct 2024 monthly Dec 1993 - Oct 2024
Saudi Arabia (USD mn) 432.934 Nov 2024 monthly Dec 1957 - Nov 2024
Serbia (USD mn) 4,180.036 Oct 2024 monthly Dec 2000 - Oct 2024
Singapore (USD mn) 6,412.300 Oct 2024 monthly Apr 2000 - Oct 2024
Slovakia (USD mn) 2,699.821 Nov 2024 monthly Jan 1993 - Nov 2024
Slovenia (USD mn) 282.230 Oct 2024 monthly Dec 1991 - Oct 2024
South Africa (USD mn) 11,203.000 Oct 2024 monthly Dec 1956 - Oct 2024
Spain (USD mn) 24,056.914 Nov 2024 monthly Dec 1956 - Nov 2024
Sri Lanka (USD mn) 39.510 Nov 2024 monthly Dec 1977 - Nov 2024
Sweden (USD mn) 11,078.000 Oct 2024 monthly Mar 2000 - Oct 2024
Switzerland (USD mn) 91,545.947 Oct 2024 monthly Jun 1999 - Oct 2024
Syria (USD mn) 54.200 Jun 2011 quarterly Dec 1950 - Jun 2011
Taiwan (USD mn) 4,843.000 Oct 2024 monthly Jun 1998 - Oct 2024
Tajikistan (USD mn) 431.566 Feb 2023 monthly Jan 1997 - Feb 2023
Thailand (USD mn) 20,012.610 Nov 2024 monthly Dec 1956 - Nov 2024
Tunisia (USD mn) 353.331 Sep 2024 monthly Nov 1958 - Sep 2024

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Consolidated Fiscal Balance (USD mn) -3,274.101 Jun 2024 quarterly Mar 2005 - Jun 2024
National Government Debt (USD mn) 88,444.7 Jun 2024 quarterly Dec 2006 - Jun 2024
Government Debt: % of GDP (%) 52.8 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (NGN bn) 100,505.650 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 285,181.495 2029 yearly 1990 - 2029
Forecast: Government Revenue (NGN bn) 72,588.069 2029 yearly 1990 - 2029
Federal Govt Balance (NGN bn) -4,533.420 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure: Capital (NGN bn) 250.290 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross Federation Account Revenue (NGN bn) 6,285.040 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure: Recurrent (NGN bn) 6,152.970 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Revenue (NGN bn) 2,305.540 Jun 2024 quarterly Mar 2005 - Jun 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,733.500 Jun 2024 quarterly Mar 2005 - Jun 2024
Federal Govt Expenditure (NGN bn) 6,838.960 Jun 2024 quarterly Mar 2005 - Jun 2024
Government Debt: Domestic (NGN bn) 66,957.878 Jun 2024 quarterly Dec 2005 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,027.6 Sep 2024 monthly Jan 2003 - Sep 2024
Total Exports (USD mn) 3,738.1 Sep 2024 monthly Jan 2003 - Sep 2024
Total Exports Growth (%) 56.4 Sep 2024 monthly Jan 2004 - Sep 2024
Aluminum: Exports (USD th) 187,832.450 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,530.686 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 329.199 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 62.9 Sep 2024 monthly Jan 2004 - Sep 2024
Imports: Medicament (USD th) 614,222.259 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 227,440.624 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 124.857 Sep 2024 monthly Jan 2003 - Sep 2024
Total Imports from USA (USD mn) 275.937 Sep 2024 monthly Dec 2009 - Sep 2024
Total Exports to China (USD mn) 105.763 Sep 2024 monthly Jan 2007 - Sep 2024
Total Imports from China (USD mn) 802.488 Sep 2024 monthly Jan 2007 - Sep 2024
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -35.341 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: Growth Rate: MoM (%) 10.446 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -831.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Current Account Balance (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment (USD mn) 4,416.719 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 10.0 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -309.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,726.039 Jun 2024 quarterly Mar 2008 - Jun 2024
External Debt (USD mn) 42,901.0 Jun 2024 quarterly Dec 2006 - Jun 2024
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) -5.481 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -86,263.760 2023 yearly 2005 - 2023
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 15,118.350 Jun 2024 quarterly Mar 2011 - Jun 2024
External Debt: Government (USD mn) 42,901.010 Jun 2024 quarterly Dec 2006 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 21,896.535 Aug 2024 monthly Nov 1992 - Aug 2024
Money Supply M2 (USD mn) 67,150.889 Aug 2024 monthly Nov 1992 - Aug 2024
M2 Growth (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Reserve Requirement Ratio (%) 50.0 Nov 2024 monthly Nov 2005 - Nov 2024
Foreign Exchange Reserves (USD mn) 34,762.2 Jun 2024 monthly Jan 1960 - Jun 2024
Foreign Exchange Reserves: % of GDP (%) 14.124 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 10.7 Aug 2024 monthly Jan 2003 - Aug 2024
Gold Reserves (USD mn) 1,599.957 Jun 2024 monthly Dec 1950 - Jun 2024
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 73,616.6 Sep 2024 monthly Nov 1992 - Sep 2024
Domestic Credit Growth (%) 33.3 Aug 2024 monthly Nov 1993 - Aug 2024
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 26,891,229.280 Aug 2024 monthly Jan 1993 - Aug 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 34,949,935.480 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 72,232,284.010 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2 (NGN mn) 107,182,219.490 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 12.8 Oct 2024 monthly Jul 2015 - Oct 2024

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