Money Supply M2 in Nigeria increased to 31794803.44 NGN Million in November from 25713707.60 NGN Million in October of 2018. Money Supply M2 in Nigeria averaged 10201935.76 NGN Million from 2000 until 2018, reaching an all time high of 31794803.44 NGN Million in November of 2018 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 2100129.91 1956009.42 2179174.28 193939.30 NGN Million [+]
Money Supply M1 10688662.18 11130260.91 11271506.82 396991.90 NGN Million [+]
Money Supply M2 31794803.44 25713707.60 31794803.44 648506.60 NGN Million [+]
Foreign Exchange Reserves 43230.00 41990.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.41 9.47 27.00 2.00 percent [+]
Lending Rate 16.53 16.59 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
31794803.44 25713707.60 31794803.44 648506.60 2000 - 2018 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1727363.80 Oct/18
Brazil 2765641.22 Nov/18
Canada 1653767.00 Nov/18
China 182670.00 Dec/18
Euro Area 11671079.00 Nov/18
France 2123062.00 Oct/18
Germany 3002.60 Nov/18
India 34041.59 Dec/18
Indonesia 5670000.00 Nov/18
Italy 1523575.00 Nov/18
Japan 1014179.80 Dec/18
Mexico 8712594563.00 Nov/18
Netherlands 857141.00 Nov/18
Russia 44892.10 Nov/18
Saudi Arabia 1628223.00 Nov/18
Singapore 597781.80 Nov/18
South Africa 2891387.00 Nov/18
South Korea 2683082.20 Nov/18
Spain 1193101.00 Nov/18
Switzerland 1013146.00 Nov/18
Turkey 1940577977.60 Dec/18
United Kingdom 2412143.00 Nov/18
United States 14454.90 Dec/18


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