IMF holdings of currency, US dollar, per square kilometre in Nigeria
Nigeria: IMF holdings of currency, US dollar, per square kilometre was 6,069 units per square kilometre in 2023. ◆ Volatile
IMF holdings of currency, US dollar, per square kilometre in Nigeria, 1961–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
Nigeria recorded 6,069 units per square kilometre for imf holdings of currency, us dollar, per square kilometre in 2023.
That represents a change of down 12.3% on the previous year and up 104.7% over ten years.
Over the whole period, imf holdings of currency, us dollar, per square kilometre in Nigeria peaked at 7,486 units per square kilometre in 2020 and was at its lowest, 0 units per square kilometre, in 1961.
That places Nigeria 101st out of 189 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
IMF holdings of currency, US dollar, per square kilometre in Nigeria, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1961 | 0 units per square kilometre | — |
| 1962 | 0 units per square kilometre | — |
| 1963 | 49.41 units per square kilometre | — |
| 1964 | 49.41 units per square kilometre | +0.0% |
| 1965 | 49.41 units per square kilometre | +0.0% |
| 1966 | 60.1 units per square kilometre | +21.6% |
| 1967 | 60.1 units per square kilometre | +0.0% |
| 1968 | 100.72 units per square kilometre | +67.6% |
| 1969 | 97.32 units per square kilometre | -3.4% |
| 1970 | 135.75 units per square kilometre | +39.5% |
| 1971 | 147.39 units per square kilometre | +8.6% |
| 1972 | 145.53 units per square kilometre | -1.3% |
| 1973 | 135.09 units per square kilometre | -7.2% |
| 1974 | 136.11 units per square kilometre | +0.8% |
| 1975 | 130.13 units per square kilometre | -4.4% |
| 1976 | 129.15 units per square kilometre | -0.8% |
| 1977 | 121.02 units per square kilometre | -6.3% |
| 1978 | 380.5 units per square kilometre | +214.4% |
| 1979 | 387.63 units per square kilometre | +1.9% |
| 1980 | 487.58 units per square kilometre | +25.8% |
| 1981 | 290.47 units per square kilometre | -40.4% |
| 1982 | 654.04 units per square kilometre | +125.2% |
| 1983 | 976.52 units per square kilometre | +49.3% |
| 1984 | 914.27 units per square kilometre | -6.4% |
| 1985 | 1,025 units per square kilometre | +12.1% |
| 1986 | 1,141 units per square kilometre | +11.4% |
| 1987 | 1,323 units per square kilometre | +16.0% |
| 1988 | 1,255 units per square kilometre | -5.1% |
| 1989 | 1,226 units per square kilometre | -2.3% |
| 1990 | 1,327 units per square kilometre | +8.3% |
| 1991 | 1,334 units per square kilometre | +0.5% |
| 1992 | 1,935 units per square kilometre | +45.0% |
| 1993 | 1,933 units per square kilometre | -0.1% |
| 1994 | 2,054 units per square kilometre | +6.3% |
| 1995 | 2,092 units per square kilometre | +1.8% |
| 1996 | 2,023 units per square kilometre | -3.3% |
| 1997 | 1,899 units per square kilometre | -6.2% |
| 1998 | 1,981 units per square kilometre | +4.4% |
| 1999 | 2,642 units per square kilometre | +33.3% |
| 2000 | 2,508 units per square kilometre | -5.1% |
| 2001 | 2,419 units per square kilometre | -3.5% |
| 2002 | 2,617 units per square kilometre | +8.2% |
| 2003 | 2,860 units per square kilometre | +9.3% |
| 2004 | 2,989 units per square kilometre | +4.5% |
| 2005 | 2,751 units per square kilometre | -8.0% |
| 2006 | 2,896 units per square kilometre | +5.3% |
| 2007 | 3,042 units per square kilometre | +5.0% |
| 2008 | 2,965 units per square kilometre | -2.5% |
| 2009 | 3,018 units per square kilometre | +1.8% |
| 2010 | 2,964 units per square kilometre | -1.8% |
| 2011 | 2,955 units per square kilometre | -0.3% |
| 2012 | 2,958 units per square kilometre | +0.1% |
| 2013 | 2,964 units per square kilometre | +0.2% |
| 2014 | 2,789 units per square kilometre | -5.9% |
| 2015 | 2,667 units per square kilometre | -4.4% |
| 2016 | 3,364 units per square kilometre | +26.1% |
| 2017 | 3,564 units per square kilometre | +5.9% |
| 2018 | 3,480 units per square kilometre | -2.3% |
| 2019 | 3,460 units per square kilometre | -0.6% |
| 2020 | 7,486 units per square kilometre | +116.3% |
| 2021 | 7,274 units per square kilometre | -2.8% |
| 2022 | 6,917 units per square kilometre | -4.9% |
| 2023 | 6,069 units per square kilometre | -12.3% |
Nigeria compared with similar countries
- Nigeria's 6,069 units per square kilometre is above the median for lower middle income countries, which is 3,278 units per square kilometre, 1.9× the median. (46 countries reporting)
- Nigeria's 6,069 units per square kilometre is above the median for Sub-Saharan Africa, which is 2,433 units per square kilometre, 2.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where IMF holdings of currency, US dollar, per square kilometre in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +214.4% | 121.02 units per square kilometre | 380.5 units per square kilometre |
| 1982 | +125.2% | 290.47 units per square kilometre | 654.04 units per square kilometre |
| 2020 | +116.3% | 3,460 units per square kilometre | 7,486 units per square kilometre |
| 1968 | +67.6% | 60.1 units per square kilometre | 100.72 units per square kilometre |
| 1983 | +49.3% | 654.04 units per square kilometre | 976.52 units per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 51.83 units per square kilometre | 0 units per square kilometre | 100.72 units per square kilometre | 9 |
| 1970s | 184.83 units per square kilometre | 121.02 units per square kilometre | 387.63 units per square kilometre | 10 |
| 1980s | 929.24 units per square kilometre | 290.47 units per square kilometre | 1,323 units per square kilometre | 10 |
| 1990s | 1,922 units per square kilometre | 1,327 units per square kilometre | 2,642 units per square kilometre | 10 |
| 2000s | 2,806 units per square kilometre | 2,419 units per square kilometre | 3,042 units per square kilometre | 10 |
| 2010s | 3,117 units per square kilometre | 2,667 units per square kilometre | 3,564 units per square kilometre | 10 |
| 2020s | 6,936 units per square kilometre | 6,069 units per square kilometre | 7,486 units per square kilometre | 4 |
Countries ranked near Nigeria
- 98 Philippines 6,644 units per square kilometre compare
- 99 Colombia 6,409 units per square kilometre compare
- 100 Thailand 6,080 units per square kilometre compare
- 102 Honduras 5,958 units per square kilometre compare
- 103 South Africa 5,606 units per square kilometre compare
- 104 Estonia 5,586 units per square kilometre compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 3.99 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0148 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 18.13 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.9704 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 13.24 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -17.26 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0107 units per US$ of GDP (2025)
Frequently asked questions
- What is imf holdings of currency, us dollar, per square kilometre in Nigeria?
- Imf holdings of currency, us dollar, per square kilometre in Nigeria was 6,069 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest imf holdings of currency, us dollar, per square kilometre recorded in Nigeria?
- The highest recorded value was 7,486 units per square kilometre in 2020.
- What is the lowest imf holdings of currency, us dollar, per square kilometre recorded in Nigeria?
- The lowest recorded value was 0 units per square kilometre in 1961.
- How does Nigeria rank for imf holdings of currency, us dollar, per square kilometre?
- Nigeria ranks 101st out of 189 countries with data for 2023.
- Is imf holdings of currency, us dollar, per square kilometre rising or falling in Nigeria?
- Over the last ten years it is up 104.7%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Statizoid (derived), published as part of IMF holdings of currency, US dollar, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
IMF holdings of currency, US dollar divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
IMF holdings of currency, US dollar ÷ Land area (sq. km)
Computed from
- IMF holdings of currency, US dollar International Monetary Fund
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
IMF holdings of currency, US dollar divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.