Nigeria Money Supply M2

1992 - 2025 | Monthly | USD mn | CEIC Data

Key information about Nigeria Money Supply M2

  • Nigeria Money Supply M2 was reported at 75.097 USD bn in Jan 2025
  • This records an increase from the previous number of 65.497 USD bn for Nov 2024
  • Nigeria Money Supply M2 data is updated monthly, averaging 64.480 USD bn from Nov 1992 to Jan 2025, with 386 observations
  • The data reached an all-time high of 120.895 USD bn in Apr 2023 and a record low of 5.546 USD bn in Feb 1993
  • Nigeria Money Supply M2 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: Money Supply M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. The Central Bank of Nigeria provides Money Supply M2 in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.

View Nigeria's Money Supply M2 from Nov 1992 to Jan 2025 in the chart:

Nigeria Money Supply M2

What was Nigeria's Money Supply M2 in Jan 2025?

Nigeria Money Supply M2 was reported at 75.097 USD bn in Jan 2025 See the table below for more data.

Last Previous Min Max Unit Frequency Range
75,096.954 Jan 2025 65,496.541 Nov 2024 5,545.983 Feb 1993 120,895.363 Apr 2023 USD mn monthly Nov 1992 - Jan 2025

Money Supply M2 by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 11,226.538 Jan 2025 monthly Dec 1993 - Jan 2025
Algeria (USD mn) 186,176.288 Mar 2024 monthly Jan 2001 - Mar 2024
Argentina (USD mn) 98,139.867 Dec 2024 monthly Jan 1990 - Dec 2024
Armenia (USD mn) 9,669.826 Oct 2024 monthly Jan 2002 - Oct 2024
Australia (USD mn) 1,955,356.442 Jan 2025 monthly Mar 1965 - Jan 2025
Austria (USD mn) 460,161.521 Jan 2025 monthly Sep 1997 - Jan 2025
Azerbaijan (USD mn) 20,442.450 Jan 2025 monthly Dec 1995 - Jan 2025
Bahrain (USD mn) 39,293.059 Nov 2024 monthly Dec 1974 - Nov 2024
Bangladesh (USD mn) 168,527.287 Jan 2025 monthly Jun 1986 - Jan 2025
Belarus (USD mn) 15,543.831 Dec 2024 monthly Nov 1993 - Dec 2024
Belgium (USD mn) 691,288.001 Jan 2025 monthly Dec 1996 - Jan 2025
Bolivia (USD mn) 22,468.595 Jun 2024 monthly Dec 1987 - Jun 2024
Bosnia and Herzegovina (USD mn) 20,698.594 Jan 2025 monthly Aug 1997 - Jan 2025
Botswana (USD mn) 8,697.800 Nov 2024 monthly Jan 2001 - Nov 2024
Brazil (USD mn) 1,038,581.629 May 2023 monthly Feb 1986 - May 2023
Brunei (USD mn) 12,374.035 Nov 2024 monthly Jan 1999 - Nov 2024
Bulgaria (USD mn) 89,341.195 Jan 2025 monthly Dec 1995 - Jan 2025
Cambodia (USD mn) 56,508.180 Dec 2024 monthly Jan 1995 - Dec 2024
Canada (USD mn) 1,832,025.000 Dec 2024 monthly Jan 1968 - Dec 2024
Chile (USD mn) 200,086.673 Feb 2025 monthly Jan 1986 - Feb 2025
China (USD mn) 44,045,770.634 Sep 2024 monthly Jan 1997 - Sep 2024
Colombia (USD mn) 161,207.989 May 2023 monthly Dec 1979 - May 2023
Croatia (USD mn) 71,668.674 Jan 2025 monthly Jun 1994 - Jan 2025
Czech Republic (USD mn) 280,202.289 Jan 2025 monthly Jan 2002 - Jan 2025
Denmark (USD mn) 203,577.099 Aug 2017 monthly Jan 1995 - Aug 2017
Ecuador (USD mn) 88,484.868 Dec 2024 monthly Dec 2006 - Dec 2024
Egypt (USD mn) 236,167.187 Jan 2025 monthly Jan 1996 - Jan 2025
Estonia (USD mn) 30,233.840 Jan 2025 monthly Jan 1993 - Jan 2025
European Union (USD mn) 16,206,204.586 Jan 2025 monthly Jan 1999 - Jan 2025
Finland (USD mn) 166,474.236 Jan 2025 monthly Jan 1980 - Jan 2025
France (USD mn) 3,136,856.325 Jan 2025 monthly Dec 1977 - Jan 2025
Georgia (USD mn) 9,353.307 Jan 2025 monthly Oct 1995 - Jan 2025
Germany (USD mn) 4,036,552.006 Jan 2025 monthly Jan 1969 - Jan 2025
Ghana (USD mn) 16,854.498 Dec 2024 quarterly Mar 1990 - Dec 2024
Greece (USD mn) 256,945.520 Jan 2025 monthly Jan 2001 - Jan 2025
Hong Kong SAR, China (USD mn) 2,406,637.673 Jan 2025 monthly Dec 1980 - Jan 2025
Hungary (USD mn) 110,699.608 Jan 2025 monthly Jan 1998 - Jan 2025
Iceland (USD mn) 15,533.181 Jan 2025 monthly Sep 1986 - Jan 2025
India (USD mn) 765,475.260 Nov 2024 monthly Mar 1994 - Nov 2024
Indonesia (USD mn) 567,859.466 Jan 2025 monthly Feb 1968 - Jan 2025
Iran (USD mn) 171,102.736 Feb 2025 monthly Dec 1999 - Feb 2025
Ireland (USD mn) 377,217.361 Jan 2025 monthly Jan 1999 - Jan 2025
Israel (USD mn) 385,904.423 Dec 2024 monthly Apr 1981 - Dec 2024
Italy (USD mn) 2,220,169.852 Jan 2025 monthly Dec 1974 - Jan 2025
Ivory Coast (USD mn) 28,849.763 Jul 2024 monthly Jan 2004 - Jul 2024
Japan (USD mn) 10,269,987.735 Jan 2025 monthly Jan 1957 - Jan 2025
Jordan (USD mn) 63,519.016 Nov 2024 monthly Jan 1990 - Nov 2024
Kazakhstan (USD mn) 71,412.691 Nov 2024 monthly Dec 1993 - Nov 2024
Kenya (USD mn) 32,726.792 Dec 2024 monthly Dec 1995 - Dec 2024
South Korea (USD mn) 2,812,875.983 Dec 2024 monthly Jan 1970 - Dec 2024
Kuwait (USD mn) 132,059.043 Jan 2025 monthly Jan 1994 - Jan 2025
Kyrgyzstan (USD mn) 5,625.371 Dec 2024 monthly Jan 1994 - Dec 2024
Laos (USD mn) 13,972.420 Sep 2024 quarterly Dec 1999 - Sep 2024
Latvia (USD mn) 22,354.280 Jan 2025 monthly Jul 2003 - Jan 2025
Lebanon (USD mn) 1,221.339 Nov 2024 monthly Dec 1979 - Nov 2024
Lithuania (USD mn) 59,912.944 Jan 2025 monthly Dec 1993 - Jan 2025
Luxembourg (USD mn) 411,008.001 Jan 2025 monthly Jan 1999 - Jan 2025
Macau SAR, China (USD mn) 97,974.301 Jan 2025 monthly Jun 1984 - Jan 2025
North Macedonia (USD mn) 8,556.774 Jan 2025 monthly Jan 2003 - Jan 2025
Malawi (USD mn) 3,067.958 Jan 2025 monthly Jan 1975 - Jan 2025
Malaysia (USD mn) 556,882.484 Jan 2025 monthly Dec 1969 - Jan 2025
Malta (USD mn) 29,952.237 Jan 2025 monthly Jan 1992 - Jan 2025
Mauritius (USD mn) 20,933.764 Jan 2025 monthly Jul 1976 - Jan 2025
Mexico (USD mn) 707,141.239 May 2023 monthly Dec 1985 - May 2023
Moldova (USD mn) 6,759.108 Jan 2025 monthly Jan 2000 - Jan 2025
Mongolia (USD mn) 12,130.036 Jan 2025 monthly Dec 1996 - Jan 2025
Morocco (USD mn) 156,682.612 Jan 2025 monthly Jan 1985 - Jan 2025
Mozambique (USD mn) 12,173.961 Dec 2024 monthly Dec 2001 - Dec 2024
Myanmar (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 52,391.192 Feb 2025 monthly Jan 2001 - Feb 2025
Netherlands (USD mn) 1,170,198.642 Jan 2025 monthly Jan 1957 - Jan 2025
New Zealand (USD mn) 242,023.033 Jan 2025 monthly Mar 1988 - Jan 2025
Nigeria (USD mn) 75,096.954 Jan 2025 monthly Nov 1992 - Jan 2025
Norway (USD mn) 288,614.541 Jan 2025 monthly Dec 1992 - Jan 2025
Oman (USD mn) 64,674.382 Dec 2024 monthly Jan 1999 - Dec 2024
Pakistan (USD mn) 127,303.349 Jan 2025 monthly Jan 1988 - Jan 2025
Palestinian Territory (USD mn) 17,979.221 Jan 2025 monthly Jul 2002 - Jan 2025
Panama (USD mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
Paraguay (USD mn) 10,733.041 Jan 2025 monthly Dec 1988 - Jan 2025
Peru (USD mn) 136,216.239 Jan 2025 monthly Jan 1992 - Jan 2025
Philippines (USD mn) 303,607.786 Jan 2025 monthly Dec 1988 - Jan 2025
Poland (USD mn) 605,965.095 Jan 2025 monthly Dec 1996 - Jan 2025
Portugal (USD mn) 305,412.141 Jan 2025 monthly Dec 1979 - Jan 2025
Qatar (USD mn) 200,534.505 Jan 2025 monthly Jan 1982 - Jan 2025
Romania (USD mn) 153,220.295 Jan 2025 monthly Dec 2001 - Jan 2025
Russia (USD mn) 1,189,621.677 Jan 2025 monthly Jun 1992 - Jan 2025
Saudi Arabia (USD mn) 710,629.481 Jan 2025 monthly Jan 1993 - Jan 2025
Serbia (USD mn) 22,630.793 Jan 2025 monthly Aug 2001 - Jan 2025
Singapore (USD mn) 994,068.268 Jan 2025 monthly Mar 2004 - Jan 2025
Slovakia (USD mn) 93,533.617 Jan 2025 monthly Dec 2000 - Jan 2025
Slovenia (USD mn) 48,618.960 Jan 2025 monthly Jan 1994 - Jan 2025
South Africa (USD mn) 240,307.257 Jan 2025 monthly Mar 1965 - Jan 2025
Spain (USD mn) 1,629,778.803 Jan 2025 monthly Jan 1962 - Jan 2025
Sri Lanka (USD mn) 42,731.699 Jan 2025 monthly Jan 1994 - Jan 2025
Sudan (USD mn) 8,545.354 Mar 2022 monthly Dec 2003 - Mar 2022
Sweden (USD mn) 444,808.235 Jan 2025 monthly Jan 1998 - Jan 2025
Switzerland (USD mn) 1,067,318.442 Jan 2025 monthly Dec 1984 - Jan 2025
Syria (USD mn) 33,769.510 Dec 2011 monthly Dec 1994 - Dec 2011
Taiwan (USD mn) 1,959,783.440 Jan 2025 monthly Jan 1992 - Jan 2025
Tajikistan (USD mn) 4,055.752 Jan 2025 monthly Dec 2000 - Jan 2025

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Sep 2024 quarterly Dec 2010 - Sep 2024
Consolidated Fiscal Balance (USD mn) -2,078.997 Sep 2024 quarterly Mar 2005 - Sep 2024
National Government Debt (USD mn) 86,261.2 Sep 2024 quarterly Dec 2006 - Sep 2024
Government Debt: % of GDP (%) 53.8 Sep 2024 quarterly Dec 2010 - Sep 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
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 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
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 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: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 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 UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - 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: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 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: 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 Sep 2024 quarterly Mar 2010 - Sep 2024
Foreign Portfolio Investment (USD mn) 4,416.719 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 4.3 Sep 2024 quarterly Mar 2010 - Sep 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) 43,026.6 Sep 2024 quarterly Dec 2006 - Sep 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 (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 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) 24,967.124 Jan 2025 monthly Nov 1992 - Jan 2025
Money Supply M2 (USD mn) 75,096.954 Jan 2025 monthly Nov 1992 - Jan 2025
M2 Growth (%) 18.3 Jan 2025 monthly Nov 1993 - Jan 2025
Reserve Requirement Ratio (%) 50.0 Feb 2025 monthly Nov 2005 - Feb 2025
Foreign Exchange Reserves (USD mn) 40,380.0 Nov 2024 monthly Jan 1960 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 18.573 Sep 2024 quarterly Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 14.5 Sep 2024 monthly Jan 2003 - Sep 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) 67,269.4 Jan 2025 monthly Nov 1992 - Jan 2025
Domestic Credit Growth (%) -0.6 Jan 2025 monthly Nov 1993 - Jan 2025
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: M2: M1 (NGN mn) 36,894,418.660 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 74,077,851.830 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2 (NGN mn) 110,972,270.500 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: Base Money (NGN mn) 32,659,076.490 Jan 2025 monthly Jan 1993 - Jan 2025
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) 4.4 Nov 2024 monthly Jul 2015 - Nov 2024

More Indicators for Nigeria

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