Total reserves minus gold in Nigeria
Nigeria: Total reserves minus gold was 43.01 billion current US$ in 2025. ◆ Volatile
Total reserves minus gold in Nigeria, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current US$.
Analysis
Nigeria recorded 43.01 billion current US$ for total reserves minus gold in 2025.
The figure is up 11.4% on the previous year and up 52.1% over ten years.
Over the whole period, total reserves minus gold in Nigeria peaked at 53.00 billion current US$ in 2008 and was at its lowest, 92.26 million current US$, in 1967.
That places Nigeria 44th out of 182 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total reserves minus gold in Nigeria, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 343.00 million current US$ | — |
| 1961 | 287.00 million current US$ | -16.3% |
| 1962 | 269.00 million current US$ | -6.3% |
| 1963 | 190.00 million current US$ | -29.4% |
| 1964 | 208.00 million current US$ | +9.5% |
| 1965 | 219.00 million current US$ | +5.3% |
| 1966 | 195.26 million current US$ | -10.8% |
| 1967 | 92.26 million current US$ | -52.8% |
| 1968 | 97.27 million current US$ | +5.4% |
| 1969 | 112.36 million current US$ | +15.5% |
| 1970 | 202.16 million current US$ | +79.9% |
| 1971 | 408.25 million current US$ | +101.9% |
| 1972 | 355.47 million current US$ | -12.9% |
| 1973 | 558.76 million current US$ | +57.2% |
| 1974 | 5.60 billion current US$ | +902.7% |
| 1975 | 5.59 billion current US$ | -0.3% |
| 1976 | 5.18 billion current US$ | -7.3% |
| 1977 | 4.23 billion current US$ | -18.3% |
| 1978 | 1.89 billion current US$ | -55.4% |
| 1979 | 5.55 billion current US$ | +194.1% |
| 1980 | 10.23 billion current US$ | +84.5% |
| 1981 | 3.90 billion current US$ | -61.9% |
| 1982 | 1.61 billion current US$ | -58.6% |
| 1983 | 989.90 million current US$ | -38.6% |
| 1984 | 1.46 billion current US$ | +47.7% |
| 1985 | 1.67 billion current US$ | +14.0% |
| 1986 | 1.08 billion current US$ | -35.1% |
| 1987 | 1.17 billion current US$ | +7.8% |
| 1988 | 651.15 million current US$ | -44.1% |
| 1989 | 1.77 billion current US$ | +171.2% |
| 1990 | 3.86 billion current US$ | +118.9% |
| 1991 | 4.44 billion current US$ | +14.8% |
| 1992 | 967.11 million current US$ | -78.2% |
| 1993 | 1.37 billion current US$ | +41.9% |
| 1994 | 1.39 billion current US$ | +1.0% |
| 1995 | 1.44 billion current US$ | +4.2% |
| 1996 | 4.08 billion current US$ | +182.4% |
| 1997 | 7.58 billion current US$ | +86.0% |
| 1998 | 7.10 billion current US$ | -6.3% |
| 1999 | 5.45 billion current US$ | -23.2% |
| 2000 | 9.91 billion current US$ | +81.8% |
| 2001 | 10.46 billion current US$ | +5.5% |
| 2002 | 7.33 billion current US$ | -29.9% |
| 2003 | 7.13 billion current US$ | -2.8% |
| 2004 | 16.96 billion current US$ | +137.9% |
| 2005 | 28.28 billion current US$ | +66.8% |
| 2006 | 42.30 billion current US$ | +49.6% |
| 2007 | 51.33 billion current US$ | +21.4% |
| 2008 | 53.00 billion current US$ | +3.2% |
| 2009 | 42.38 billion current US$ | -20.0% |
| 2010 | 32.34 billion current US$ | -23.7% |
| 2011 | 32.64 billion current US$ | +0.9% |
| 2012 | 43.83 billion current US$ | +34.3% |
| 2013 | 42.85 billion current US$ | -2.2% |
| 2014 | 34.24 billion current US$ | -20.1% |
| 2015 | 28.28 billion current US$ | -17.4% |
| 2016 | 27.23 billion current US$ | -3.7% |
| 2017 | 39.61 billion current US$ | +45.4% |
| 2018 | 42.84 billion current US$ | +8.2% |
| 2019 | 38.34 billion current US$ | -10.5% |
| 2020 | 36.73 billion current US$ | -4.2% |
| 2021 | 40.48 billion current US$ | +10.2% |
| 2022 | 35.56 billion current US$ | -12.1% |
| 2023 | 32.03 billion current US$ | -9.9% |
| 2024 | 38.61 billion current US$ | +20.5% |
| 2025 | 43.01 billion current US$ | +11.4% |
Nigeria compared with similar countries
- Nigeria's 43.01 billion current US$ is above the median for lower middle income countries, which is 3.82 billion current US$, 11.3× the median. (42 countries reporting)
- Nigeria's 43.01 billion current US$ is above the median for Sub-Saharan Africa, which is 1.17 billion current US$, 36.8× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Total reserves minus gold in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +902.7% | 558.76 million current US$ | 5.60 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 201.31 million current US$ | 92.26 million current US$ | 343.00 million current US$ | 10 |
| 1970s | 2.96 billion current US$ | 202.16 million current US$ | 5.60 billion current US$ | 10 |
| 1980s | 2.45 billion current US$ | 651.15 million current US$ | 10.23 billion current US$ | 10 |
| 1990s | 3.77 billion current US$ | 967.11 million current US$ | 7.58 billion current US$ | 10 |
| 2000s | 26.91 billion current US$ | 7.13 billion current US$ | 53.00 billion current US$ | 10 |
| 2010s | 36.22 billion current US$ | 27.23 billion current US$ | 43.83 billion current US$ | 10 |
| 2020s | 37.74 billion current US$ | 32.03 billion current US$ | 43.01 billion current US$ | 6 |
Countries ranked near Nigeria
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$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is total reserves minus gold in Nigeria?
- Total reserves minus gold in Nigeria was 43.01 billion current US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves minus gold recorded in Nigeria?
- The highest recorded value was 53.00 billion current US$ in 2008.
- What is the lowest total reserves minus gold recorded in Nigeria?
- The lowest recorded value was 92.26 million current US$ in 1967.
- How does Nigeria rank for total reserves minus gold?
- Nigeria ranks 44th out of 182 countries with data for 2025.
- Is total reserves minus gold rising or falling in Nigeria?
- Over the last ten years it is up 52.1%. 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 minus gold (current US$). Statizoid updates them automatically from the source API.
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About this data
This series includes external assets (excluding 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.