Nigeria Money Supply M2

1990 - 2025 | Monthly | USD mn | CEIC Data

Key information about Nigeria Money Supply M2

  • Nigeria Money Supply M2 was reported at 86.674 USD bn in Dec 2025
  • This records an increase from the previous number of 85.007 USD bn for Nov 2025
  • Nigeria Money Supply M2 data is updated monthly, averaging 60.341 USD bn from Apr 1990 to Dec 2025, with 429 observations
  • The data reached an all-time high of 120.895 USD bn in Apr 2023 and a record low of 34.295 USD mn in Apr 1990
  • Nigeria Money Supply M2 data remains active status in CEIC and is reported by CEIC Data
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M2: USD: Monthly

CEIC converts monthly Money Supply M2 into USD. The Central Bank of Nigeria provides Money Supply M2 in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions.

View Nigeria's Money Supply M2 from Apr 1990 to Dec 2025 in the chart:

Nigeria Money Supply M2

What was Nigeria's Money Supply M2 in Dec 2025?

Nigeria Money Supply M2 was reported at 86.674 USD bn in Dec 2025 See the table below for more data.

Last Previous Min Max Unit Frequency Range
86,674.495 Dec 2025 85,006.794 Nov 2025 34.295 Apr 1990 120,895.363 Apr 2023 USD mn monthly Apr 1990 - Dec 2025

Money Supply M2 by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 13,944.890 Nov 2025 monthly Dec 1993 - Nov 2025
Algeria (USD mn) 195,557.643 Dec 2024 monthly Jan 2001 - Dec 2024
Argentina (USD mn) 87,784.971 Nov 2025 monthly Jan 1990 - Nov 2025
Armenia (USD mn) 12,981.596 Dec 2025 monthly Jan 2002 - Dec 2025
Australia (USD mn) 2,232,665.832 Dec 2025 monthly Mar 1965 - Dec 2025
Austria (USD mn) 535,768.353 Dec 2025 monthly Sep 1997 - Dec 2025
Azerbaijan (USD mn) 23,760.995 Dec 2025 monthly Dec 1995 - Dec 2025
Bahrain (USD mn) 38,388.539 Dec 2025 monthly Dec 1974 - Dec 2025
Bangladesh (USD mn) 183,919.284 Dec 2025 monthly Jun 1986 - Dec 2025
Belarus (USD mn) 23,273.566 Dec 2025 monthly Nov 1993 - Dec 2025
Belgium (USD mn) 802,272.963 Dec 2025 monthly Dec 1996 - Dec 2025
Bolivia (USD mn) 29,931.439 Dec 2025 monthly Dec 1987 - Dec 2025
Bosnia and Herzegovina (USD mn) 25,798.220 Dec 2025 monthly Aug 1997 - Dec 2025
Botswana (USD mn) 8,878.879 Oct 2025 monthly Jan 2001 - Oct 2025
Brazil (USD mn) 1,335,249.450 Oct 2025 monthly Feb 1986 - Oct 2025
Brunei (USD mn) 13,578.791 Nov 2025 monthly Jan 1999 - Nov 2025
Bulgaria (USD mn) 107,835.836 Dec 2025 monthly Dec 1995 - Dec 2025
Cambodia (USD mn) 63,987.193 Dec 2025 monthly Jan 1995 - Dec 2025
Canada (USD mn) 1,987,079.576 Nov 2025 monthly Jan 1968 - Nov 2025
Chile (USD mn) 230,262.490 Jan 2026 monthly Jan 1986 - Jan 2026
China (USD mn) 45,681,403.205 Jun 2025 monthly Jan 1997 - Jun 2025
Colombia (USD mn) 231,141.595 Oct 2025 monthly Dec 1979 - Oct 2025
Croatia (USD mn) 86,930.711 Dec 2025 monthly Jun 1994 - Dec 2025
Czech Republic (USD mn) 340,491.216 Dec 2025 monthly Jan 2002 - Dec 2025
Denmark (USD mn) 291,000.685 Dec 2025 monthly Jan 1991 - Dec 2025
Ecuador (USD mn) 98,731.828 Nov 2025 monthly Dec 2006 - Nov 2025
Egypt (USD mn) 291,148.226 Nov 2025 monthly Jan 1996 - Nov 2025
Estonia (USD mn) 35,982.576 Dec 2025 monthly Jan 1993 - Dec 2025
European Union (USD mn) 18,588,662.343 Nov 2025 monthly Jan 1999 - Nov 2025
Finland (USD mn) 195,763.672 Dec 2025 monthly Jan 1980 - Dec 2025
France (USD mn) 3,624,768.063 Dec 2025 monthly Dec 1977 - Dec 2025
Georgia (USD mn) 11,838.236 Nov 2025 monthly Oct 1995 - Nov 2025
Germany (USD mn) 4,742,282.896 Dec 2025 monthly Jan 1969 - Dec 2025
Ghana (USD mn) 25,721.726 Jun 2025 quarterly Mar 1990 - Jun 2025
Greece (USD mn) 307,451.901 Dec 2025 monthly Jan 2001 - Dec 2025
Hong Kong SAR, China (USD mn) 2,646,994.098 Dec 2025 monthly Dec 1980 - Dec 2025
Hungary (USD mn) 138,274.139 Dec 2025 monthly Jan 1998 - Dec 2025
Iceland (USD mn) 18,055.331 Dec 2025 monthly Sep 1986 - Dec 2025
India (USD mn) 813,177.234 Nov 2025 monthly Mar 1994 - Nov 2025
Indonesia (USD mn) 603,807.616 Dec 2025 monthly Feb 1968 - Dec 2025
Iran (USD mn) 184,061.782 Jun 2025 monthly Dec 1999 - Jun 2025
Ireland (USD mn) 451,311.402 Dec 2025 monthly Jan 1999 - Dec 2025
Israel (USD mn) 456,130.581 Oct 2025 monthly Apr 1981 - Oct 2025
Italy (USD mn) 2,594,421.501 Dec 2025 monthly Dec 1974 - Dec 2025
Ivory Coast (USD mn) 41,554.637 Nov 2025 monthly Jan 2004 - Nov 2025
Japan (USD mn) 10,284,873.724 Dec 2025 monthly Jan 1957 - Dec 2025
Jordan (USD mn) 66,499.444 Oct 2025 monthly Jan 1990 - Oct 2025
Kazakhstan (USD mn) 91,142.894 Dec 2025 monthly Dec 1993 - Dec 2025
Kenya (USD mn) 40,887.934 Nov 2025 monthly Dec 1995 - Nov 2025
South Korea (USD mn) 2,851,970.648 Dec 2025 monthly Jan 1970 - Dec 2025
Kuwait (USD mn) 137,467.671 Oct 2025 monthly Jan 1994 - Oct 2025
Kyrgyzstan (USD mn) 7,770.928 Sep 2025 monthly Jan 1994 - Sep 2025
Laos (USD mn) 16,240.862 Sep 2025 quarterly Dec 1999 - Sep 2025
Latvia (USD mn) 26,569.916 Nov 2025 monthly Jul 2003 - Nov 2025
Lebanon (USD mn) 1,641.707 Nov 2025 monthly Dec 1979 - Nov 2025
Lithuania (USD mn) 73,291.907 Dec 2025 monthly Dec 1993 - Dec 2025
Luxembourg (USD mn) 474,971.178 Dec 2025 monthly Jan 1999 - Dec 2025
Macau SAR, China (USD mn) 103,791.703 Nov 2025 monthly Jun 1984 - Nov 2025
North Macedonia (USD mn) 10,956.610 Dec 2025 monthly Jan 2003 - Dec 2025
Malawi (USD mn) 4,195.127 Nov 2025 monthly Jan 1975 - Nov 2025
Malaysia (USD mn) 637,030.527 Dec 2025 monthly Dec 1969 - Dec 2025
Malta (USD mn) 34,297.984 Nov 2025 monthly Jan 1992 - Nov 2025
Mauritius (USD mn) 22,158.338 Nov 2025 monthly Jul 1976 - Nov 2025
Mexico (USD mn) 862,760.049 Oct 2025 monthly Dec 1985 - Oct 2025
Moldova (USD mn) 8,611.107 Dec 2025 monthly Jan 2000 - Dec 2025
Mongolia (USD mn) 13,232.638 Dec 2025 monthly Dec 1996 - Dec 2025
Morocco (USD mn) 193,312.830 Dec 2025 monthly Jan 1985 - Dec 2025
Mozambique (USD mn) 13,027.917 Oct 2025 monthly Dec 2001 - Oct 2025
Myanmar (USD mn) 56,858.041 Jan 2021 monthly Apr 2012 - Jan 2021
Nepal (USD mn) 57,327.049 Jan 2026 monthly Jan 2001 - Jan 2026
Netherlands (USD mn) 1,357,297.433 Nov 2025 monthly Jan 1957 - Nov 2025
New Zealand (USD mn) 257,754.940 Dec 2025 monthly Mar 1988 - Dec 2025
Nigeria (USD mn) 86,674.495 Dec 2025 monthly Apr 1990 - Dec 2025
Norway (USD mn) 338,520.572 Dec 2025 monthly Dec 1992 - Dec 2025
Oman (USD mn) 66,953.186 Sep 2025 monthly Jan 1999 - Sep 2025
Pakistan (USD mn) 144,623.592 Nov 2025 monthly Jan 1988 - Nov 2025
Palestinian Territory (USD mn) 20,505.387 Dec 2025 monthly Jul 2002 - Dec 2025
Panama (USD mn) 45,730.080 Nov 2025 monthly Dec 2002 - Nov 2025
Paraguay (USD mn) 12,781.026 Oct 2025 monthly Dec 1988 - Oct 2025
Peru (USD mn) 161,958.204 Dec 2025 monthly Jan 1992 - Dec 2025
Philippines (USD mn) 335,283.934 Dec 2025 monthly Dec 1988 - Dec 2025
Poland (USD mn) 756,779.315 Dec 2025 monthly Dec 1996 - Dec 2025
Portugal (USD mn) 353,348.016 Oct 2025 monthly Dec 1979 - Oct 2025
Qatar (USD mn) 204,230.412 Dec 2025 monthly Jan 1982 - Dec 2025
Romania (USD mn) 183,202.029 Dec 2025 monthly Dec 2001 - Dec 2025
Russia (USD mn) 1,657,090.226 Dec 2025 monthly Jun 1992 - Dec 2025
Saudi Arabia (USD mn) 759,499.332 Dec 2025 monthly Jan 1993 - Dec 2025
Serbia (USD mn) 28,739.024 Dec 2025 monthly Aug 2001 - Dec 2025
Singapore (USD mn) 1,105,176.233 Dec 2025 monthly Mar 2004 - Dec 2025
Slovakia (USD mn) 109,143.773 Nov 2025 monthly Dec 2000 - Nov 2025
Slovenia (USD mn) 59,039.122 Dec 2025 monthly Jan 1994 - Dec 2025
South Africa (USD mn) 292,194.011 Dec 2025 monthly Mar 1965 - Dec 2025
Spain (USD mn) 1,964,714.378 Dec 2025 monthly Jan 1962 - Dec 2025
Sri Lanka (USD mn) 44,876.014 Nov 2025 monthly Jan 1994 - Nov 2025
Sudan (USD mn) 8,545.354 Mar 2022 monthly Dec 2003 - Mar 2022
Sweden (USD mn) 543,750.487 Dec 2025 monthly Jan 1998 - Dec 2025
Switzerland (USD mn) 1,390,194.052 Dec 2025 monthly Dec 1984 - Dec 2025
Syria (USD mn) 33,769.510 Dec 2011 monthly Dec 1994 - Dec 2011
Taiwan, China (USD mn) 2,145,264.201 Dec 2025 monthly Jan 1992 - Dec 2025
Tajikistan (USD mn) 5,758.780 Oct 2025 monthly Dec 2000 - Oct 2025

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports (USD mn) 4,858.0 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports Growth (%) 22.6 Jun 2025 monthly Jan 2004 - Jun 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 2.5 Jun 2025 monthly Jan 2004 - Jun 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 264.685 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports from USA (USD mn) 464.626 Sep 2025 monthly Dec 2009 - Sep 2025
Total Exports to China (USD mn) 174.147 Jun 2025 monthly Jan 2007 - Jun 2025
Total Imports from China (USD mn) 1,013.525 Jun 2025 monthly Jan 2007 - Jun 2025
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -164.4 Sep 2025 quarterly Mar 2008 - Sep 2025
Current Account Balance (USD mn) 3,416.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment (USD mn) 718.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.0 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,512.415 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.4 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 402.5 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,109.957 Sep 2025 quarterly Mar 2008 - Sep 2025
External Debt (USD mn) 46,983.4 Jun 2025 quarterly Dec 2006 - Jun 2025
External Debt: % of GDP (%) 18.6 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 5.732 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,546.495 2024 yearly 2005 - 2024
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 29,361.987 Dec 2025 monthly Apr 1990 - Dec 2025
Money Supply M2 (USD mn) 86,674.495 Dec 2025 monthly Apr 1990 - Dec 2025
M2 Growth (%) 9.8 Dec 2025 monthly Apr 1991 - Dec 2025
Reserve Requirement Ratio (%) 45.0 Dec 2025 monthly Nov 2005 - Dec 2025
Foreign Exchange Reserves (USD mn) 42,772.1 Sep 2025 monthly Jan 1960 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 16.154 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 14.0 Sep 2025 monthly Jan 2003 - Sep 2025
Gold Reserves (USD mn) 2,660.953 Sep 2025 monthly Dec 1950 - Sep 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 76,680.1 Dec 2025 monthly Apr 1990 - Dec 2025
Domestic Credit Growth (%) 4.7 Dec 2025 monthly Apr 1991 - Dec 2025
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 37,768,594.800 Dec 2025 monthly Apr 1990 - Dec 2025
Monetary Survey: Liabilities: M2: M1 (NGN mn) 42,142,000.420 Dec 2025 monthly Apr 1990 - Dec 2025
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 82,258,184.590 Dec 2025 monthly Apr 1990 - Dec 2025
Monetary Survey: Liabilities: M2 (NGN mn) 124,400,185.000 Dec 2025 monthly Apr 1990 - Dec 2025
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 13.0 Dec 2025 monthly Jul 2015 - Dec 2025

More Indicators for Nigeria

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