Gold Reserves in Nigeria remained unchanged at 21.37 Tonnes in the third quarter of 2020 from 21.37 Tonnes in the second quarter of 2020. source: World Gold Council

Gold Reserves in Nigeria is expected to be 21.40 Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gold Reserves in Nigeria to stand at 21.40 in 12 months time. In the long-term, the Nigeria Gold Reserves is projected to trend around 21.40 Tonnes in 2022, according to our econometric models.

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Nigeria Gold Reserves

Actual Previous Highest Lowest Dates Unit Frequency
21.37 21.37 21.37 21.37 2000 - 2020 Tonnes Quarterly

Nigeria Trade Last Previous Highest Lowest Unit
Balance of Trade -830084.94 -850195.56 2177553.08 -975441.14 NGN Millions [+]
Current Account -3232.28 -5629.24 10383.67 -6953.30 USD Million [+]
Current Account to GDP -3.60 0.90 32.80 -18.70 percent [+]
Imports 1726282.63 1842188.46 2518686.57 167.88 NGN Millions [+]
Exports 896197.69 991992.89 2648881.76 322.93 NGN Millions [+]
Terms of Trade 103.19 103.48 160.25 49.48 points [+]
Foreign Direct Investment 427.76 495.42 3084.90 63.50 USD Million [+]
Capital Flows 4146.35 -8016.43 20302.97 -15439.95 USD Million [+]
Gold Reserves 21.37 21.37 21.37 21.37 Tonnes [+]
Crude Oil Production 1174.00 1329.00 2475.00 675.00 BBL/D/1K [+]
Remittances 3373.09 5629.04 6270.24 3373.09 USD Million [+]
Non Oil Exports 154578.68 185734.31 1450442.90 29675.90 NGN Million [+]
Oil Exports 741619.01 806258.58 2033861.20 46192.00 NGN Million [+]
Terrorism Index 8.31 8.60 9.31 3.86 [+]
External Debt 31985.17 31477.14 37267.68 3287.73 USD Million [+]


Nigeria Gold Reserves
Gold Reserves are country’s gold assets held or controlled by the central bank.