Nigeria - Net foreign assets

Net foreign assets (current LCU)

The value for Net foreign assets (current LCU) in Nigeria was 8,958,600,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 11,838,400,000,000 in 2018 and a minimum value of -4,361,610,000 in 1994.

Definition: Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1960 221,000,000
1961 223,600,000
1962 203,500,000
1963 153,571,400
1964 132,171,400
1965 159,671,400
1966 137,700,000
1967 55,200,000
1968 79,607,140
1969 94,214,290
1970 153,614,300
1971 280,028,600
1972 243,657,200
1973 414,141,100
1974 3,498,201,000
1975 3,665,288,000
1976 3,329,435,000
1977 2,889,283,000
1978 1,420,065,000
1979 3,228,271,000
1980 5,606,831,000
1981 2,556,247,000
1982 1,057,255,000
1983 807,633,300
1984 1,422,935,000
1985 1,815,919,000
1986 4,463,376,000
1987 6,864,858,000
1988 7,974,193,000
1989 18,296,220,000
1990 41,316,250,000
1991 54,054,890,000
1992 9,172,099,000
1993 8,584,316,000
1994 -4,361,610,000
1995 61,209,680,000
1996 193,687,000,000
1997 189,613,000,000
1998 203,226,000,000
1999 646,203,000,000
2000 1,164,930,000,000
2001 1,325,340,000,000
2002 1,255,210,000,000
2003 1,356,360,000,000
2004 2,612,380,000,000
2005 3,865,390,000,000
2006 6,188,680,000,000
2007 7,310,440,000,000
2008 8,597,230,000,000
2009 7,287,920,000,000
2010 6,195,140,000,000
2011 6,643,740,000,000
2012 8,715,630,000,000
2013 8,262,160,000,000
2014 6,744,360,000,000
2015 5,324,500,000,000
2016 7,852,070,000,000
2017 10,977,200,000,000
2018 11,838,400,000,000
2019 5,943,980,000,000
2020 8,958,600,000,000

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets