Nigeria - Changes in net reserves

Reserves and related items (BoP, current US$)

The latest value for Reserves and related items (BoP, current US$) in Nigeria was ($5,047,487,000) as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $13,894,470,000 in 2006 and ($10,516,390,000) in 2009.

Definition: Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are those external assets that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, and include holdings of monetary gold, special drawing rights (SDRs), reserve position in the International Monetary Fund (IMF), and other reserve assets. Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 ($823,138,800)
1978 ($2,095,935,000)
1979 $3,196,765,000
1980 $4,431,406,000
1981 ($4,989,031,000)
1982 ($5,618,961,000)
1983 ($2,887,114,000)
1984 ($970,554,900)
1985 ($1,208,836,000)
1986 ($1,058,877,000)
1987 ($4,538,634,000)
1988 ($5,129,005,000)
1989 ($2,666,892,000)
1990 $1,041,076,000
1991 ($1,522,885,000)
1992 ($5,638,074,000)
1993 ($1,911,146,000)
1994 ($1,938,034,000)
1995 ($862,650,800)
1996 ($238,487,300)
1997 $4,670,721
1998 ($818,487,400)
1999 ($3,537,662,000)
2000 $3,089,272,000
2001 $222,705,600
2002 ($4,689,239,000)
2003 ($1,260,116,000)
2004 $8,491,391,000
2005 $11,335,790,000
2006 $13,894,470,000
2007 $8,960,146,000
2008 $1,656,612,000
2009 ($10,516,390,000)
2010 ($9,692,913,000)
2011 $305,848,600
2012 $11,097,750,000
2013 ($980,099,600)
2014 ($8,452,488,000)
2015 ($5,853,534,000)
2016 ($980,917,800)
2017 $12,241,890,000
2018 $3,286,180,000
2019 ($4,490,238,000)
2020 ($5,047,487,000)

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments