Money Supply M2 in Nigeria decreased to 34897619.81 NGN Million in May from 35167529.95 NGN Million in April of 2019. Money Supply M2 in Nigeria averaged 10783300.54 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 2111848.42 2158698.81 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11385054.63 11252429.94 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34897619.81 35167529.95 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 44940.00 45070.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 15.33 18.23 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
34897619.81 35167529.95 35167529.95 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 2043886.20 Jun/19
Brazil 2878391.40 Jun/19
Canada 1721566.00 Jun/19
China 191940.00 Jul/19
Euro Area 12055405.00 Jun/19
France 2231815.00 May/19
Germany 3099.50 Jun/19
India 37153.85 Jul/19
Indonesia 5918515.30 Jun/19
Italy 1595700.00 Jun/19
Japan 1030974.80 Jul/19
Mexico 8938303088.00 Jun/19
Netherlands 871121.00 Jun/19
Russia 47348.20 Jun/19
Saudi Arabia 1693532.00 Jun/19
Singapore 620328.20 Jun/19
South Africa 2905091.00 Jun/19
South Korea 2790153.00 Jun/19
Spain 1246563.00 Jun/19
Switzerland 1026714.00 Jun/19
Turkey 2178802052.40 Jul/19
United Kingdom 2437574.00 Jun/19
United States 14872.10 Jul/19


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