Money Supply M2 in Nigeria decreased to 33809565.11 NGN Million in March from 34798025.93 NGN Million in February of 2019. Money Supply M2 in Nigeria averaged 10577798.21 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 13.50 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2153220.11 2241313.48 2329706.58 193939.30 NGN Million [+]
Money Supply M1 10945250.06 11028859.34 11751139.21 396991.90 NGN Million [+]
Money Supply M2 33809565.11 34798025.93 34798025.93 648506.60 NGN Million [+]
Foreign Exchange Reserves 44790.00 44140.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.69 9.50 27.00 2.00 percent [+]
Lending Rate 16.08 16.01 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
33809565.11 34798025.93 34798025.93 648506.60 2000 - 2019 NGN Million Monthly
Current Prices, NSA




Country Last Previous
Argentina 1840213.70 Feb/19
Brazil 2817377.18 Mar/19
Canada 1687745.00 Mar/19
China 188467.03 Apr/19
Euro Area 11888306.00 Mar/19
France 2195141.00 Mar/19
Germany 3066.90 Mar/19
India 37403.94 Apr/19
Indonesia 5744240.90 Mar/19
Italy 1566114.00 Mar/19
Japan 1012747.00 Mar/19
Mexico 8771852755.00 Mar/19
Netherlands 858159.00 Mar/19
Russia 46140.00 Mar/19
Saudi Arabia 1643646.00 Mar/19
Singapore 614081.50 Mar/19
South Africa 2936702.00 Mar/19
South Korea 2757251.00 Mar/19
Spain 1217373.00 Mar/19
Switzerland 1023444.00 Mar/19
Turkey 2139582203.20 Apr/19
United Kingdom 2415570.00 Mar/19
United States 14509.00 Mar/19


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