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 45071.00 45123.00 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 [+]
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 July 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 1944960.70 Apr/19
Brazil 2840426.99 May/19
Canada 1716564.00 May/19
China 192140.00 Jun/19
Euro Area 12011083.00 May/19
France 2231815.00 May/19
Germany 3083.00 May/19
India 37042.18 Jun/19
Indonesia 5861305.70 May/19
Italy 1576757.00 May/19
Japan 1029614.60 Jun/19
Mexico 8796264492.00 May/19
Netherlands 877560.00 May/19
Russia 46735.70 May/19
Saudi Arabia 1693336.00 May/19
Singapore 622406.00 May/19
South Africa 2932463.00 May/19
South Korea 2778412.60 May/19
Spain 1220715.00 May/19
Switzerland 1030195.00 May/19
Turkey 2160902946.90 Jun/19
United Kingdom 2433285.00 May/19
United States 14755.10 Jun/19


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