Total reserves in Nigeria
Nigeria: Total reserves was 46.02 billion includes gold, current US$ in 2025. ◆ Volatile
Latest (2025)
46.02 billion includes gold, current US$
Change on year
up 13.9%
World rank
53rd
of 182 countries
All-time high
53.60 billion includes gold, current US$
in 2008
All-time low
112.36 million includes gold, current US$
in 1967
Years of data
66
1960–2025
Total reserves in Nigeria, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in includes gold, current US$.
Analysis
The most recent figure for total reserves in Nigeria is 46.02 billion includes gold, current US$, measured in 2025.
Compared with earlier readings it is up 13.9% on the previous year and up 58.6% over ten years.
Over the whole period, total reserves in Nigeria peaked at 53.60 billion includes gold, current US$ in 2008 and was at its lowest, 112.36 million includes gold, current US$, in 1967.
That places Nigeria 53rd out of 182 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves in Nigeria, year by year
| Year | includes gold, current US$ | Change |
|---|---|---|
| 1960 | 343.00 million includes gold, current US$ | — |
| 1961 | 307.07 million includes gold, current US$ | -10.5% |
| 1962 | 289.02 million includes gold, current US$ | -5.9% |
| 1963 | 210.03 million includes gold, current US$ | -27.3% |
| 1964 | 228.05 million includes gold, current US$ | +8.6% |
| 1965 | 239.05 million includes gold, current US$ | +4.8% |
| 1966 | 215.35 million includes gold, current US$ | -9.9% |
| 1967 | 112.36 million includes gold, current US$ | -47.8% |
| 1968 | 121.19 million includes gold, current US$ | +7.9% |
| 1969 | 132.46 million includes gold, current US$ | +9.3% |
| 1970 | 223.50 million includes gold, current US$ | +68.7% |
| 1971 | 431.94 million includes gold, current US$ | +93.3% |
| 1972 | 390.71 million includes gold, current US$ | -9.5% |
| 1973 | 622.85 million includes gold, current US$ | +59.4% |
| 1974 | 5.71 billion includes gold, current US$ | +816.6% |
| 1975 | 5.67 billion includes gold, current US$ | -0.8% |
| 1976 | 5.26 billion includes gold, current US$ | -7.2% |
| 1977 | 4.34 billion includes gold, current US$ | -17.5% |
| 1978 | 2.03 billion includes gold, current US$ | -53.2% |
| 1979 | 5.90 billion includes gold, current US$ | +190.8% |
| 1980 | 10.64 billion includes gold, current US$ | +80.3% |
| 1981 | 4.17 billion includes gold, current US$ | -60.8% |
| 1982 | 1.93 billion includes gold, current US$ | -53.8% |
| 1983 | 1.25 billion includes gold, current US$ | -35.0% |
| 1984 | 1.67 billion includes gold, current US$ | +33.7% |
| 1985 | 1.89 billion includes gold, current US$ | +13.0% |
| 1986 | 1.35 billion includes gold, current US$ | -28.6% |
| 1987 | 1.50 billion includes gold, current US$ | +11.0% |
| 1988 | 932.99 million includes gold, current US$ | -37.7% |
| 1989 | 2.04 billion includes gold, current US$ | +118.8% |
| 1990 | 4.13 billion includes gold, current US$ | +102.3% |
| 1991 | 4.68 billion includes gold, current US$ | +13.3% |
| 1992 | 1.20 billion includes gold, current US$ | -74.4% |
| 1993 | 1.64 billion includes gold, current US$ | +37.2% |
| 1994 | 1.65 billion includes gold, current US$ | +0.5% |
| 1995 | 1.71 billion includes gold, current US$ | +3.6% |
| 1996 | 4.33 billion includes gold, current US$ | +153.3% |
| 1997 | 7.78 billion includes gold, current US$ | +79.7% |
| 1998 | 7.30 billion includes gold, current US$ | -6.2% |
| 1999 | 5.65 billion includes gold, current US$ | -22.6% |
| 2000 | 10.10 billion includes gold, current US$ | +78.8% |
| 2001 | 10.65 billion includes gold, current US$ | +5.4% |
| 2002 | 7.57 billion includes gold, current US$ | -28.9% |
| 2003 | 7.42 billion includes gold, current US$ | -2.0% |
| 2004 | 17.26 billion includes gold, current US$ | +132.7% |
| 2005 | 28.63 billion includes gold, current US$ | +65.9% |
| 2006 | 42.73 billion includes gold, current US$ | +49.3% |
| 2007 | 51.91 billion includes gold, current US$ | +21.5% |
| 2008 | 53.60 billion includes gold, current US$ | +3.3% |
| 2009 | 43.13 billion includes gold, current US$ | -19.5% |
| 2010 | 33.31 billion includes gold, current US$ | -22.8% |
| 2011 | 33.69 billion includes gold, current US$ | +1.2% |
| 2012 | 44.97 billion includes gold, current US$ | +33.5% |
| 2013 | 43.67 billion includes gold, current US$ | -2.9% |
| 2014 | 35.07 billion includes gold, current US$ | -19.7% |
| 2015 | 29.01 billion includes gold, current US$ | -17.3% |
| 2016 | 28.02 billion includes gold, current US$ | -3.4% |
| 2017 | 40.50 billion includes gold, current US$ | +44.5% |
| 2018 | 43.72 billion includes gold, current US$ | +8.0% |
| 2019 | 39.38 billion includes gold, current US$ | -9.9% |
| 2020 | 38.03 billion includes gold, current US$ | -3.4% |
| 2021 | 41.73 billion includes gold, current US$ | +9.7% |
| 2022 | 36.81 billion includes gold, current US$ | -11.8% |
| 2023 | 33.45 billion includes gold, current US$ | -9.1% |
| 2024 | 40.41 billion includes gold, current US$ | +20.8% |
| 2025 | 46.02 billion includes gold, current US$ | +13.9% |
Nigeria compared with similar countries
- Nigeria's 46.02 billion includes gold, current US$ is above the median for lower middle income countries, which is 4.39 billion includes gold, current US$, 10.5× the median. (42 countries reporting)
- Nigeria's 46.02 billion includes gold, current US$ is above the median for Sub-Saharan Africa, which is 1.30 billion includes gold, current US$, 35.3× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total reserves in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +816.6% | 622.85 million includes gold, current US$ | 5.71 billion includes gold, current US$ |
| 1979 | +190.8% | 2.03 billion includes gold, current US$ | 5.90 billion includes gold, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 219.76 million includes gold, current US$ | 112.36 million includes gold, current US$ | 343.00 million includes gold, current US$ | 10 |
| 1970s | 3.06 billion includes gold, current US$ | 223.50 million includes gold, current US$ | 5.90 billion includes gold, current US$ | 10 |
| 1980s | 2.74 billion includes gold, current US$ | 932.99 million includes gold, current US$ | 10.64 billion includes gold, current US$ | 10 |
| 1990s | 4.01 billion includes gold, current US$ | 1.20 billion includes gold, current US$ | 7.78 billion includes gold, current US$ | 10 |
| 2000s | 27.30 billion includes gold, current US$ | 7.42 billion includes gold, current US$ | 53.60 billion includes gold, current US$ | 10 |
| 2010s | 37.13 billion includes gold, current US$ | 28.02 billion includes gold, current US$ | 44.97 billion includes gold, current US$ | 10 |
| 2020s | 39.41 billion includes gold, current US$ | 33.45 billion includes gold, current US$ | 46.02 billion includes gold, current US$ | 6 |
Countries ranked near Nigeria
- 50 Egypt 48.88 billion includes gold, current US$ compare
- 51 Morocco 48.45 billion includes gold, current US$ compare
- 52 Bulgaria 47.15 billion includes gold, current US$ compare
- 54 Uzbekistan 41.24 billion includes gold, current US$ compare
- 55 Argentina 41.00 billion includes gold, current US$ compare
- 56 Serbia 34.15 billion includes gold, current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is total reserves in Nigeria?
- Total reserves in Nigeria was 46.02 billion includes gold, current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves recorded in Nigeria?
- The highest recorded value was 53.60 billion includes gold, current US$ in 2008.
- What is the lowest total reserves recorded in Nigeria?
- The lowest recorded value was 112.36 million includes gold, current US$ in 1967.
- How does Nigeria rank for total reserves?
- Nigeria ranks 53rd out of 182 countries with data for 2025.
- Is total reserves rising or falling in Nigeria?
- Over the last ten years it is up 58.6%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves (includes gold, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.