Nigeria Total Deposits

1992 - 2019 | Monthly | USD mn | CEIC Data

Key information about Nigeria Total Deposits

  • Nigeria Total Deposits was reported at 84.214 USD bn in Dec 2019
  • This records a decrease from the previous number of 86.839 USD bn for Nov 2019
  • Nigeria Total Deposits data is updated monthly, averaging 25.524 USD bn from Nov 1992 to Dec 2019, with 326 observations
  • The data reached an all-time high of 110.994 USD bn in Oct 2014 and a record low of 4.106 USD bn in Feb 1993
  • Nigeria Total Deposits 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: Total Deposits: USD: Monthly

CEIC calculates monthly Total Deposits as the sum of Demand Deposits and Time and Savings Deposits and converts it into USD. The Central Bank of Nigeria provides Demand Deposits and Time and Savings Deposits in local currency. The Central Bank of Nigeria period end market exchange rate is used for currency conversions. Total Deposits covers all banks.

View Nigeria's Total Deposits from Nov 1992 to Dec 2019 in the chart:

Nigeria Total Deposits

What was Nigeria's Total Deposits in Dec 2019?

Nigeria Total Deposits was reported at 84.214 USD bn in Dec 2019 See the table below for more data.

Last Previous Min Max Unit Frequency Range
84,213.801 Dec 2019 86,839.397 Nov 2019 4,106.321 Feb 1993 110,993.740 Oct 2014 USD mn monthly Nov 1992 - Dec 2019

Total Deposits by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 18,403.451 Aug 2024 monthly Jul 2007 - Aug 2024
Algeria (USD mn) 121,189.959 Dec 2023 monthly Jun 2006 - Dec 2023
Argentina (USD mn) 86,531.473 Oct 2024 monthly Jul 2002 - Oct 2024
Armenia (USD mn) 15,389.484 Sep 2024 monthly Jan 2000 - Sep 2024
Australia (USD mn) 2,614,643.998 Mar 2023 quarterly Sep 2004 - Mar 2023
Austria (USD mn) 534,994.321 Aug 2024 monthly Sep 1997 - Aug 2024
Azerbaijan (USD mn) 17,454.971 Sep 2024 monthly Jan 2005 - Sep 2024
Bahrain (USD mn) 56,169.751 Sep 2024 monthly Jan 2001 - Sep 2024
Bangladesh (USD mn) 153,265.983 Aug 2024 monthly Dec 1986 - Aug 2024
Belarus (USD mn) 21,557.407 Sep 2024 monthly Dec 2002 - Sep 2024
Belgium (USD mn) 1,518,280.001 Sep 2024 monthly Dec 1996 - Sep 2024
Bolivia (USD mn) 25,810.315 Jun 2024 quarterly Mar 2004 - Jun 2024
Bosnia and Herzegovina (USD mn) 18,732.092 Sep 2024 monthly Aug 1997 - Sep 2024
Botswana (USD mn) 8,503.790 Aug 2024 monthly Dec 2002 - Aug 2024
Brazil (USD mn) 1,022,835.146 Jun 2024 quarterly Mar 2000 - Jun 2024
Brunei (USD mn) 11,763.218 Jun 2024 monthly Jan 2011 - Jun 2024
Bulgaria (USD mn) 71,938.260 Jun 2024 quarterly Dec 2005 - Jun 2024
Cambodia (USD mn) 51,853.979 Aug 2024 monthly Jan 1995 - Aug 2024
Canada (USD mn) 4,484,440.544 Aug 2024 monthly Jan 2009 - Aug 2024
Chile (USD mn) 222,066.762 Sep 2024 monthly Jan 2009 - Sep 2024
China (USD mn) 42,875,379.759 Sep 2024 monthly Jan 1997 - Sep 2024
Croatia (USD mn) 66,514.038 Sep 2024 monthly Dec 1993 - Sep 2024
Cyprus (USD mn) 59,284.315 Aug 2024 monthly Nov 2005 - Aug 2024
Czech Republic (USD mn) 325,021.393 Aug 2024 monthly Jan 1997 - Aug 2024
Denmark (USD mn) 303,322.865 Aug 2024 monthly Jan 2003 - Aug 2024
Ecuador (USD mn) 64,774.769 Sep 2024 monthly Jan 2006 - Sep 2024
Egypt (USD mn) 249,661.975 Jun 2024 monthly Jun 2004 - Jun 2024
Estonia (USD mn) 34,248.919 Sep 2024 monthly Jan 1997 - Sep 2024
European Union (USD mn) 17,215,828.306 Sep 2024 monthly Jan 1999 - Sep 2024
Finland (USD mn) 231,470.542 Sep 2024 monthly Jan 1999 - Sep 2024
France (USD mn) 9,412,365.277 Aug 2024 monthly Jan 1980 - Aug 2024
Georgia (USD mn) 21,856.463 Sep 2024 monthly Oct 1995 - Sep 2024
Germany (USD mn) 6,634,654.140 Sep 2024 monthly Sep 1997 - Sep 2024
Ghana (USD mn) 16,526.320 Aug 2024 monthly Jan 1999 - Aug 2024
Greece (USD mn) 252,799.501 Aug 2024 monthly Jan 2001 - Aug 2024
Hong Kong SAR, China (USD mn) 2,209,142.325 Sep 2024 monthly Jan 1991 - Sep 2024
Hungary (USD mn) 115,282.763 Sep 2024 monthly Jan 1998 - Sep 2024
Iceland (USD mn) 23,507.845 Aug 2024 monthly Sep 1993 - Aug 2024
India (USD mn) 2,473,213.192 Mar 2024 quarterly Dec 1998 - Mar 2024
Indonesia (USD mn) 514,973.539 Aug 2024 monthly Jan 1999 - Aug 2024
Iran (USD mn) 359,949.521 2022 yearly 1973 - 2022
Ireland (USD mn) 349,780.251 Sep 2024 monthly Jan 2003 - Sep 2024
Israel (USD mn) 537,781.972 Sep 2022 monthly Dec 2007 - Sep 2022
Italy (USD mn) 1,977,233.827 Jun 2024 quarterly Mar 1998 - Jun 2024
Ivory Coast (USD mn) 23,670.140 Jul 2024 monthly Sep 2016 - Jul 2024
Japan (USD mn) 9,172,885.920 Aug 2024 monthly Apr 1998 - Aug 2024
Jordan (USD mn) 65,304.479 Aug 2024 monthly Jan 2000 - Aug 2024
Kazakhstan (USD mn) 76,640.661 Sep 2024 monthly Dec 1997 - Sep 2024
Kenya (USD mn) 34,595.742 Dec 2023 monthly Jan 1999 - Dec 2023
South Korea (USD mn) 1,939,483.982 Aug 2024 monthly Sep 1992 - Aug 2024
Kosovo (USD mn) 7,341.287 Sep 2024 monthly Jun 2004 - Sep 2024
Kuwait (USD mn) 176,721.903 Sep 2024 monthly Jan 1994 - Sep 2024
Kyrgyzstan (USD mn) 6,596.483 Sep 2024 monthly Jan 1996 - Sep 2024
Laos (USD mn) 14,519.422 Mar 2024 quarterly Dec 2004 - Mar 2024
Latvia (USD mn) 20,523.740 Sep 2024 monthly Jan 1993 - Sep 2024
Lebanon (USD mn) 96,540.180 Apr 2023 monthly Dec 2017 - Apr 2023
Lithuania (USD mn) 45,707.762 Sep 2024 monthly Mar 2004 - Sep 2024
Luxembourg (USD mn) 867,652.624 Sep 2024 quarterly Mar 2003 - Sep 2024
Macau SAR, China (USD mn) 158,531.587 Sep 2024 monthly Jun 1984 - Sep 2024
North Macedonia (USD mn) 10,081.565 Sep 2024 monthly Jan 2003 - Sep 2024
Malawi (USD mn) 234.254 Aug 2024 monthly Feb 2005 - Aug 2024
Malaysia (USD mn) 577,291.569 Aug 2024 monthly Jan 2007 - Aug 2024
Malta (USD mn) 40,830.732 Aug 2024 monthly Oct 2003 - Aug 2024
Mauritius (USD mn) 41,357.197 Aug 2024 monthly Jun 2005 - Aug 2024
Mexico (USD mn) 441,767.520 Sep 2024 monthly Jan 1998 - Sep 2024
Moldova (USD mn) 6,985.930 Sep 2024 monthly Jan 2000 - Sep 2024
Mongolia (USD mn) 7,423.993 Sep 2024 monthly Jan 2000 - Sep 2024
Montenegro (USD mn) 6,314.083 Sep 2024 monthly Jan 2003 - Sep 2024
Morocco (USD mn) 138,989.916 2023 yearly 1960 - 2023
Mozambique (USD mn) 6,466.743 May 2020 monthly Jan 2007 - May 2020
Myanmar (USD mn) 63,663.584 2023 yearly 1960 - 2023
Nepal (USD mn) 40,139.168 Sep 2024 monthly Jan 2001 - Sep 2024
Netherlands (USD mn) 1,317,693.406 Sep 2024 monthly Dec 1990 - Sep 2024
New Zealand (USD mn) 290,883.909 Sep 2024 monthly Dec 2016 - Sep 2024
Nigeria (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Norway (USD mn) 476,283.410 Sep 2024 monthly May 2009 - Sep 2024
Oman (USD mn) 64,280.889 Aug 2024 monthly Jan 2000 - Aug 2024
Pakistan (USD mn) 96,876.180 2023 yearly 1997 - 2023
Palestinian Territory (USD mn) 18,298.418 Sep 2024 monthly Jan 2000 - Sep 2024
Panama (USD mn) 107,351.873 Sep 2024 monthly Dec 1998 - Sep 2024
Paraguay (USD mn) 20,847.100 Sep 2024 monthly Jan 1994 - Sep 2024
Peru (USD mn) 97,995.605 Sep 2024 monthly Jan 1998 - Sep 2024
Philippines (USD mn) 331,547.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Poland (USD mn) 583,762.791 Aug 2024 monthly Dec 1996 - Aug 2024
Portugal (USD mn) 314,038.794 Sep 2024 monthly Dec 1979 - Sep 2024
Qatar (USD mn) 287,610.220 Sep 2024 monthly Dec 2001 - Sep 2024
Romania (USD mn) 178,695.645 Sep 2024 monthly Jan 2007 - Sep 2024
Russia (USD mn) 972,721.967 Jan 2022 monthly Jan 1998 - Jan 2022
Saudi Arabia (USD mn) 725,034.612 Sep 2024 monthly Jan 1993 - Sep 2024
Serbia (USD mn) 42,157.094 Sep 2024 monthly Aug 2001 - Sep 2024
Singapore (USD mn) 1,437,262.489 Sep 2024 monthly Jan 1991 - Sep 2024
Slovakia (USD mn) 97,997.436 Sep 2024 monthly Jan 2015 - Sep 2024
Slovenia (USD mn) 46,651.734 Sep 2024 monthly Jan 2004 - Sep 2024
South Africa (USD mn) 321,078.049 Jun 2024 monthly Dec 1986 - Jun 2024
Spain (USD mn) 1,512,726.448 Sep 2024 monthly Jan 2003 - Sep 2024
Sri Lanka (USD mn) 45,118.862 Jul 2023 monthly Dec 2002 - Jul 2023
Sudan (USD mn) 5,389.131 Mar 2022 monthly Jun 2002 - Mar 2022
Sweden (USD mn) 1,042,030.762 Sep 2024 monthly Dec 1975 - Sep 2024
Switzerland (USD mn) 2,203,445.157 Aug 2024 monthly Dec 1987 - Aug 2024
Syria (USD mn) 20,275.678 2011 yearly 1998 - 2011

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.4 Mar 2024 quarterly Dec 2010 - Mar 2024
Consolidated Fiscal Balance (USD mn) -1,701.594 Mar 2024 quarterly Mar 2005 - Mar 2024
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 49.5 Mar 2024 quarterly Dec 2010 - Mar 2024
Forecast: Government Expenditure (NGN bn) 100,505.650 2029 yearly 1990 - 2029
Forecast: Government Net Debt (NGN bn) 285,181.495 2029 yearly 1990 - 2029
Forecast: Government Revenue (NGN bn) 72,588.069 2029 yearly 1990 - 2029
Federal Govt Expenditure: Capital (NGN bn) 235.110 Mar 2024 quarterly Mar 2005 - Mar 2024
Gross Federation Account Revenue (NGN bn) 4,876.700 Mar 2024 quarterly Mar 2005 - Mar 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,111.800 Mar 2024 quarterly Mar 2005 - Mar 2024
Federal Govt Expenditure (NGN bn) 3,691.460 Mar 2024 quarterly Mar 2005 - Mar 2024
Federal Govt Balance (NGN bn) -2,245.790 Mar 2024 quarterly Mar 2005 - Mar 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,530.910 Mar 2024 quarterly Mar 2005 - Mar 2024
Federal Govt Revenue (NGN bn) 1,445.670 Mar 2024 quarterly Mar 2005 - Mar 2024
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,786.0 Jun 2024 monthly Jan 2003 - Jun 2024
Total Exports (USD mn) 4,913.5 Jun 2024 monthly Jan 2003 - Jun 2024
Total Exports Growth (%) 163.7 Jun 2024 monthly Jan 2004 - Jun 2024
Aluminum: Exports (USD th) 187,832.450 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 83.0 Jun 2024 monthly Jan 2004 - Jun 2024
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 658.371 Jun 2024 monthly Jan 2003 - Jun 2024
Total Imports from USA (USD mn) 177.707 Jun 2024 monthly Dec 2009 - Jun 2024
Total Exports to China (USD mn) 160.464 Jun 2024 monthly Jan 2007 - Jun 2024
Total Imports from China (USD mn) 737.510 Jun 2024 monthly Jan 2007 - Jun 2024
Exports: Crude Oil (NGN mn) 5,457,219.231 Jun 2024 monthly Jan 2003 - Jun 2024
Total Trade (NGN mn) 10,433,069.822 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Growth Rate: MoM (%) -35.341 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: Growth Rate: MoM (%) 10.446 Jun 2024 monthly Jan 2019 - Jun 2024
Exports: America: ow USA (NGN mn) 975,552.174 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Europe: ow Netherlands (NGN mn) 434,520.151 Jun 2024 monthly Jan 2003 - Jun 2024
Exports (NGN mn) 7,280,672.000 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Europe: ow UK (NGN mn) 4,761.874 Jun 2024 monthly Jan 2003 - Jun 2024
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Imports: Europe: ow Germany (NGN mn) 91,725.002 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Europe: ow Netherlands (NGN mn) 89,695.701 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Asia: ow China (NGN mn) 1,092,816.851 Jun 2024 monthly Jan 2007 - Jun 2024
Imports: America: ow USA (NGN mn) 263,320.371 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Europe: ow UK (NGN mn) 39,682.510 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Chemicals and Chemical Products (NGN mn) 531,688.790 Jun 2024 monthly Jan 2003 - Jun 2024
Imports (NGN mn) 3,152,397.822 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 564,023.272 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Manufactured Goods (NGN mn) 415,104.163 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Food and Live Animals (NGN mn) 464,465.517 Jun 2024 monthly Jan 2003 - Jun 2024
Imports: Machinery and Transport Equipment (NGN mn) 939,658.575 Jun 2024 monthly Jan 2003 - Jun 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) -831.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Current Account Balance (USD mn) 5,142.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 1,197.6 Mar 2023 quarterly Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%) 1.3 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment (USD mn) 4,416.719 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 10.0 Jun 2024 quarterly Mar 2010 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -309.3 Jun 2024 quarterly Mar 2008 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,726.039 Jun 2024 quarterly Mar 2008 - Jun 2024
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
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) -5.481 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -86,263.760 2023 yearly 2005 - 2023
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Mar 2024 quarterly Mar 2011 - Mar 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) 21,896.535 Aug 2024 monthly Nov 1992 - Aug 2024
Money Supply M2 (USD mn) 67,150.889 Aug 2024 monthly Nov 1992 - Aug 2024
M2 Growth (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Reserve Requirement Ratio (%) 50.0 Oct 2024 monthly Nov 2005 - Oct 2024
Foreign Exchange Reserves (USD mn) 34,762.2 Jun 2024 monthly Jan 1960 - Jun 2024
Foreign Exchange Reserves: % of GDP (%) 14.126 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 16.3 Jun 2024 monthly Jan 2003 - Jun 2024
Gold Reserves (USD mn) 1,599.957 Jun 2024 monthly Dec 1950 - Jun 2024
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) 73,616.6 Sep 2024 monthly Nov 1992 - Sep 2024
Domestic Credit Growth (%) 33.3 Aug 2024 monthly Nov 1993 - Aug 2024
Private Debt: % of Nominal GDP (%) 20.83 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 26,891,229.280 Aug 2024 monthly Jan 1993 - Aug 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 72,232,284.010 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 34,949,935.480 Aug 2024 monthly Nov 1992 - Aug 2024
Monetary Survey: Liabilities: M2 (NGN mn) 107,182,219.490 Aug 2024 monthly Nov 1992 - Aug 2024
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) 13.8 Sep 2024 monthly Jul 2015 - Sep 2024

More Indicators for Nigeria

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