Gold Reserves in Nigeria increased to 21.50 Tonnes in the first quarter of 2020 from 21.46 Tonnes in the fourth quarter of 2019.

Gold Reserves in Nigeria averaged 21.38 Tonnes from 2000 until 2020, reaching an all time high of 21.50 Tonnes in the second quarter of 2019 and a record low of 21.37 Tonnes in the second quarter of 2000. This page provides - Nigeria Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Gold Reserves - values, historical data and charts - was last updated on July of 2020. source: World Gold Council

Gold Reserves in Nigeria is expected to be 21.40 Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gold Reserves in Nigeria to stand at 21.40 in 12 months time. In the long-term, the Nigeria Gold Reserves is projected to trend around 21.40 Tonnes in 2021, according to our econometric models.

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Nigeria Gold Reserves

Actual Previous Highest Lowest Dates Unit Frequency
21.50 21.46 21.50 21.37 2000 - 2020 Tonnes Quarterly

Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade -162246.25 197560.16 2177553.08 -975441.14 NGN Millions [+]
Current Account -4881.73 -6953.30 10383.67 -6953.30 USD Million [+]
Current Account to GDP 2.30 2.80 32.80 -18.70 percent [+]
Imports 1127880.09 1234379.31 2518686.57 167.88 NGN Millions [+]
Exports 965633.84 1431939.47 2648881.76 322.93 NGN Millions [+]
Terms of Trade 103.54 100.73 160.25 49.48 points [+]
Foreign Direct Investment 495.42 498.62 3084.90 63.50 USD Million [+]
Capital Flows -6300.42 13235.94 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.50 21.46 21.50 21.37 Tonnes [+]
Crude Oil Production 1411.00 1436.00 2475.00 675.00 BBL/D/1K [+]
Remittances 5629.04 5925.68 6270.24 3836.61 USD Million [+]
Non Oil Exports 302855.61 374680.87 1450442.90 29675.90 NGN Million [+]
Oil Exports 662778.23 1057258.60 2033861.20 46192.00 NGN Million [+]
Terrorism Index 8.60 8.66 9.31 3.86 [+]
External Debt 27665.66 27676.14 37267.68 3287.73 USD Million [+]


Nigeria Gold Reserves
Gold Reserves are country’s gold assets held or controlled by the central bank.