Money Supply M2 in Nigeria increased to 28268926.08 NGN Million in July from 27892325.89 NGN Million in June of 2019. Money Supply M2 in Nigeria averaged 10927444.91 NGN Million from 2000 until 2019, reaching an all time high of 35167529.95 NGN Million in April 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 13.50 13.50 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2003090.93 2014073.95 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11435792.64 11159122.62 11751139.21 396991.90 NGN Million [+]
Money Supply M2 28268926.08 27892325.89 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 43730.00 44940.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 15.33 18.23 37.80 6.00 percent [+]


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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
28268926.08 27892325.89 35167529.95 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 2086668.00 Jul/19
Brazil 2882184.74 Jul/19
Canada 1737081.00 Jul/19
China 193550.00 Aug/19
Euro Area 12130349.00 Jul/19
France 2279384.00 Jul/19
Germany 3111.10 Jul/19
India 36941.69 Aug/19
Indonesia 5937500.00 Jul/19
Italy 1593542.00 Jul/19
Japan 1029711.10 Aug/19
Mexico 8967387851.00 Jul/19
Netherlands 874900.00 Jul/19
Russia 47351.00 Jul/19
Saudi Arabia 1693334.00 Jul/19
Singapore 620413.00 Jul/19
South Africa 2965855.00 Jul/19
South Korea 2790153.00 Jun/19
Spain 1226327.00 Jul/19
Switzerland 1028773.00 Jul/19
Turkey 2266821545.10 Aug/19
United Kingdom 2441750.00 Jul/19
United States 14952.80 Aug/19


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