Money Supply M2 in Nigeria increased to 33824861.31 NGN Million in January from 27078829.11 NGN Million in December of 2018. Money Supply M2 in Nigeria averaged 10375011.91 NGN Million from 2000 until 2019, reaching an all time high of 33824861.31 NGN Million in January of 2019 and a record low of 648506.60 NGN Million in January of 2000.

Nigeria Money Supply M2
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Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2139666.39 2329706.58 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11135887.40 11751139.21 11751139.21 396991.90 NGN Million [+]
Money Supply M2 33824861.31 27078829.11 33824861.31 648506.60 NGN Million [+]
Foreign Exchange Reserves 42330.00 43170.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.69 9.50 27.00 2.00 percent [+]
Lending Rate 16.01 16.17 37.80 6.00 percent [+]
Money Supply M3 35116968.08 34255438.69 35116968.08 10478417.29 NGN Million [+]


Nigeria Money Supply M2

Nigeria Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Nigeria Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Money Supply M2 - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
33824861.31 27078829.11 33824861.31 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 2123330.40 Dec/18
Brazil 2793136.92 Jan/19
Canada 1672745.00 Jan/19
China 186740.00 Feb/19
Euro Area 11717261.00 Jan/19
France 2158923.00 Dec/18
Germany 3013.60 Jan/19
India 34936.98 Feb/19
Indonesia 5645766.10 Jan/19
Italy 1531787.00 Jan/19
Japan 1010052.60 Feb/19
Mexico 8713712561.00 Jan/19
Netherlands 846504.00 Jan/19
Russia 45721.80 Jan/19
Saudi Arabia 1644892.00 Jan/19
Singapore 606527.60 Jan/19
South Africa 2847502.00 Jan/19
South Korea 2719444.70 Jan/19
Spain 1183397.00 Jan/19
Switzerland 1016904.00 Jan/19
Turkey 1969820611.60 Feb/19
United Kingdom 2405975.00 Jan/19
United States 14477.80 Feb/19


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