Money Supply M2 in Nigeria increased to 34798025.93 NGN Million in February from 33824861.31 NGN Million in January of 2019. Money Supply M2 in Nigeria averaged 10478939.63 NGN Million from 2000 until 2019, reaching an all time high of 34798025.93 NGN Million in February 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 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2241313.48 2139666.39 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11028859.34 11135887.40 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34798025.93 33824861.31 34798025.93 648506.60 NGN Million [+]
Foreign Exchange Reserves 42330.00 43170.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.69 9.50 27.00 2.00 percent [+]
Lending Rate 16.01 16.17 37.80 6.00 percent [+]
Money Supply M3 35116968.08 34255438.69 35116968.08 10478417.29 NGN Million [+]


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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
34798025.93 33824861.31 34798025.93 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1834209.10 Jan/19
Brazil 2784069.68 Feb/19
Canada 1680339.00 Feb/19
China 188940.00 Mar/19
Euro Area 11796749.00 Feb/19
France 2176572.00 Feb/19
Germany 3029.50 Feb/19
India 35970.22 Mar/19
Indonesia 5671214.60 Feb/19
Italy 1537511.00 Feb/19
Japan 1012747.00 Mar/19
Mexico 8718652258.00 Feb/19
Netherlands 849424.00 Feb/19
Russia 46213.20 Feb/19
Saudi Arabia 1645643.00 Feb/19
Singapore 607818.80 Feb/19
South Africa 2856895.00 Feb/19
South Korea 2737568.20 Feb/19
Spain 1191695.00 Feb/19
Switzerland 1020399.00 Feb/19
Turkey 2068386069.80 Mar/19
United Kingdom 2403750.00 Feb/19
United States 14509.00 Mar/19


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