Money in Nigeria
The Nigerian economy recorded an average money supply growth rate of 13.2% in the decade to 2022. Money supply growth in 2022 was 16.5%. For more monetary base information, visit our dedicated page.
Nigeria Money Supply Chart
Nigeria Money Supply Data
|Money (ann. var. of M2 %)||12.1||6.3||31.4||17.5||16.5|
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Nigerian money supply projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable money supply forecast available for Nigerian money supply.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Nigerian money supply projections.
Want to get access to the full dataset of Nigerian money supply forecasts? Send an email to firstname.lastname@example.org.