Money Supply M2 in Nigeria decreased to 27586423.65 NGN Million in August from 28268926.08 NGN Million in July of 2019. Money Supply M2 in Nigeria averaged 10996569.31 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 2018840.38 2003090.93 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11245423.49 11435792.64 11751139.21 396991.90 NGN Million [+]
Money Supply M2 27586423.65 28268926.08 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 42120.00 43730.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 15.40 15.46 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
27586423.65 28268926.08 35167529.95 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 2086668.00 Jul/19
Brazil 2895941.33 Aug/19
Canada 1754608.00 Aug/19
China 195230.00 Sep/19
Euro Area 12245139.00 Aug/19
France 2279384.00 Jul/19
Germany 3143.90 Aug/19
India 36941.69 Aug/19
Indonesia 5934216.20 Aug/19
Italy 1616435.00 Aug/19
Japan 1030879.90 Sep/19
Mexico 9085966787.00 Aug/19
Netherlands 894855.00 Aug/19
Russia 47585.30 Aug/19
Saudi Arabia 1711058.00 Aug/19
Singapore 624278.20 Aug/19
South Africa 2977362.00 Aug/19
South Korea 2815403.80 Jul/19
Spain 1235133.00 Aug/19
Switzerland 1029519.00 Aug/19
Turkey 2289717355.30 Sep/19
United Kingdom 2454441.00 Aug/19
United States 15060.80 Sep/19


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