Nigeria - M2 Money Supply Growth 2016
31.92%
+27.83pp from 2015
Nigeria's m2 money supply growth was 31.92% in 2016, increased +27.83pp from 4.09% in 2015. This was the 150th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Equatorial Guinea | -21.01% | -199.0% |
| 2nd | Congo, Republic of | -15.03% | -30.6% |
| 3rd | Liberia | -8.13% | -193.3% |
| 4th | Chad | -7.69% | -63.6% |
| 5th | Denmark | -7.20% | -172.7% |
| 6th | Zambia | -5.70% | -116.2% |
| 7th | Lesotho | -4.84% | -138.5% |
| 8th | São Tomé and Principe | -4.81% | -133.6% |
| 9th | Iceland | -4.64% | -183.2% |
| 10th | Qatar | -4.57% | -232.7% |
| 11th | Gabon | -4.00% | -1,223.7% |
| 12th | Azerbaijan | -2.01% | -75.1% |
| 13th | Antigua and Barbuda | -1.25% | -121.4% |
| 14th | Russian Federation | -0.92% | -104.7% |
| 15th | St. Kitts and Nevis | -0.44% | -109.0% |
| 16th | Maldives | -0.18% | -101.5% |
| 17th | Bolivia, Plurinational State of | 0.00% | -100.0% |
| 18th | Benin | 0.18% | -97.1% |
| 19th | Saudi Arabia | 0.55% | -81.1% |
| 20th | Algeria | 0.82% | 174.6% |
| 21st | St. Lucia | 1.00% | -81.5% |
| 22nd | Brunei Darussalam | 1.51% | 185.8% |
| 23rd | Oman | 1.83% | -87.1% |
| 24th | St. Vincent and the Grenadines | 1.88% | -54.9% |
| 25th | Belize | 2.65% | -65.0% |
| 26th | Peru | 2.76% | -79.4% |
| 27th | Trinidad and Tobago | 2.79% | 146.3% |
| 28th | Malaysia | 2.80% | -8.0% |
| 29th | El Salvador | 3.05% | -56.0% |
| 30th | Costa Rica | 3.09% | -23.4% |
| 31st | United Arab Emirates | 3.26% | -40.3% |
| 32nd | Switzerland | 3.31% | 4,064.7% |
| 33rd | Kuwait | 3.44% | 86.8% |
| 34th | Tanzania | 3.45% | -81.7% |
| 35th | Belarus | 3.80% | -89.6% |
| 36th | United States | 3.85% | 22.5% |
| 37th | Japan | 3.85% | 28.5% |
| 38th | Albania | 3.89% | 120.3% |
| 39th | Kenya | 3.89% | -75.8% |
| 40th | Uruguay | 3.95% | -83.4% |
| 41st | Barbados | 4.15% | -32.2% |
| 42nd | Thailand | 4.22% | -4.8% |
| 43rd | Jordan | 4.34% | -42.4% |
| 44th | Grenada | 4.48% | -38.8% |
| 45th | Morocco | 4.74% | -16.8% |
| 46th | Chile | 4.90% | -46.4% |
| 47th | Cameroon | 5.00% | -43.2% |
| 48th | Fiji | 5.34% | -61.6% |
| 49th | Botswana | 5.39% | -72.9% |
| 50th | Guyana | 5.43% | 47.8% |
| 51st | Central African Republic | 5.75% | 8.2% |
| 52nd | Israel | 5.76% | 36.6% |
| 53rd | North Macedonia | 5.96% | -22.3% |
| 54th | Namibia | 6.05% | -33.5% |
| 55th | South Africa | 6.08% | -41.1% |
| 56th | Dominica | 6.12% | 73.7% |
| 57th | Guatemala | 6.35% | -30.1% |
| 58th | Czechia | 6.53% | -17.9% |
| 59th | Hong Kong SAR, China | 6.53% | -3.4% |
| 60th | Australia | 6.67% | 11.4% |
| 61st | Mauritania | 6.68% | 2,429.7% |
| 62nd | India | 6.80% | -35.9% |
| 63rd | Iraq | 7.03% | 177.2% |
| 64th | Korea | 7.12% | -13.0% |
| 65th | Colombia | 7.19% | -37.1% |
| 66th | Hungary | 7.24% | 27.4% |
| 67th | Burundi | 7.30% | 11,486.2% |
| 68th | Paraguay | 7.35% | -44.3% |
| 69th | Lebanon | 7.43% | 46.7% |
| 70th | Bulgaria | 7.61% | -13.2% |
| 71st | New Zealand | 7.66% | -22.2% |
| 72nd | Tunisia | 8.04% | 48.5% |
| 73rd | Singapore | 8.04% | 427.8% |
| 74th | Bosnia and Herzegovina | 8.31% | 4.2% |
| 75th | Cabo Verde | 8.36% | 34.0% |
| 76th | Rwanda | 8.48% | -58.0% |
| 77th | Niger | 8.67% | 89.1% |
| 78th | United Kingdom | 8.72% | 341.5% |
| 79th | Djibouti | 8.77% | -53.9% |
| 80th | Bahamas, The | 8.80% | 2,442.7% |
| 81st | Sweden | 8.85% | 33.1% |
| 82nd | Kosovo | 8.88% | 48.7% |
| 83rd | Mauritius | 9.08% | -10.7% |
| 84th | Samoa | 9.16% | 51.5% |
| 85th | Montenegro | 9.16% | -17.6% |
| 86th | Guinea-Bissau | 9.34% | -65.7% |
| 87th | Aruba | 9.50% | 0.5% |
| 88th | Poland | 9.57% | 5.6% |
| 89th | Afghanistan | 9.73% | 215.9% |
| 90th | Romania | 9.74% | 3.7% |
| 91st | Dominican Republic | 9.75% | -19.5% |
| 92nd | Indonesia | 10.03% | 11.5% |
| 93rd | West Bank and Gaza | 10.03% | -3.1% |
| 94th | Mozambique | 10.11% | -61.3% |
| 95th | Moldova | 10.22% | 442.8% |
| 96th | Comoros | 10.26% | -40.0% |
| 97th | Vanuatu | 10.62% | -7.0% |
| 98th | Mali | 10.74% | 3.4% |
| 99th | Papua New Guinea | 10.87% | 35.5% |
| 100th | Ukraine | 10.93% | 180.1% |
| 101st | Côte d'Ivoire | 11.04% | -39.2% |
| 102nd | Nicaragua | 11.04% | -41.8% |
| 103rd | Uganda | 11.14% | -5.1% |
| 104th | Norway | 11.24% | 311.0% |
| 105th | China | 11.33% | -15.1% |
| 106th | Brazil | 11.39% | -1.5% |
| 107th | Serbia | 11.55% | 76.0% |
| 108th | Burkina Faso | 11.67% | -39.9% |
| 109th | Seychelles | 12.12% | 312.9% |
| 110th | Mexico | 12.33% | 1.2% |
| 111th | Togo | 12.39% | -40.4% |
| 112th | Macao SAR, China | 12.61% | 520.0% |
| 113th | Guinea | 12.87% | -5.4% |
| 114th | Philippines | 13.33% | 44.9% |
| 115th | Jamaica | 13.43% | 0.3% |
| 116th | Solomon Islands | 13.44% | -10.5% |
| 117th | Angola | 13.47% | 14.4% |
| 118th | Pakistan | 13.62% | 11.8% |
| 119th | Senegal | 13.72% | -29.9% |
| 120th | Tonga | 13.76% | -15.0% |
| 121st | Timor-Leste | 14.27% | 101.6% |
| 122nd | Kyrgyz Republic | 14.58% | -2.1% |
| 123rd | Kazakhstan | 15.61% | -53.8% |
| 124th | Sri Lanka | 16.19% | -5.0% |
| 125th | Malawi | 16.40% | -41.5% |
| 126th | Bangladesh | 16.70% | 12.1% |
| 127th | Nepal | 17.36% | -28.9% |
| 128th | Myanmar | 17.45% | -43.1% |
| 129th | Armenia | 17.48% | 61.3% |
| 130th | Türkiye | 17.65% | 6.9% |
| 131st | Ecuador | 17.83% | 469.5% |
| 132nd | Honduras | 17.84% | 127.2% |
| 133rd | Sierra Leone | 17.86% | 117.9% |
| 134th | Viet Nam | 17.88% | 19.9% |
| 135th | Madagascar | 18.48% | 11.8% |
| 136th | Zimbabwe | 19.05% | 132.2% |
| 137th | Haiti | 19.12% | -19.6% |
| 138th | Mongolia | 20.99% | 481.4% |
| 139th | Cambodia | 21.00% | 23.5% |
| 140th | Georgia | 21.08% | 22.2% |
| 141st | Congo, Democratic Republic of | 21.77% | 132.0% |
| 142nd | Micronesia, Federated States of | 22.04% | 365.9% |
| 143rd | Libya | 22.07% | 76.5% |
| 144th | Ghana | 22.50% | -12.0% |
| 145th | Uzbekistan | 23.50% | -3.3% |
| 146th | Bhutan | 23.53% | 505.4% |
| 147th | Eswatini | 26.39% | 94.4% |
| 148th | Iran, Islamic Republic of | 27.96% | 14.7% |
| 149th | Sudan | 28.26% | 35.4% |
| 150th | Nigeria | 31.92% | 680.5% |
| 151st | Tajikistan | 37.06% | 98.5% |
| 152nd | Egypt, Arab Republic of | 39.51% | 112.4% |
| 153rd | Argentina | 41.58% | 5.4% |
| 154th | Suriname | 52.21% | 344.1% |
| 155th | South Sudan | 142.70% | 22.4% |
FAQ
What was Nigeria's m2 money supply growth in 2016?▾
Nigeria's m2 money supply growth in 2016 was 31.92%. This ranked 150th globally.
How did Nigeria's m2 money supply growth change in 2016?▾
Nigeria's m2 money supply growth increased by 680.5% in 2016 compared to 2015.
Which country had the highest m2 money supply growth in 2016?▾
South Sudan had the highest m2 money supply growth in 2016 at 142.70%.
What is the m2 money supply growth of Nigeria in 2016?▾
The m2 money supply growth of Nigeria in 2016 was 31.92%. This ranked 150th globally.
How does 2016 compare to 2015 for Nigeria's m2 money supply growth?▾
Nigeria's m2 money supply growth went from 4.09% in 2015 to 31.92% in 2016, a 680.5% increase.
HistorySaid - pattern alert
Nigeria matched the Orthodox Tightening Cycle pattern in 2016. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 12.1%. View full analysis →
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2015
2017
All years
Full ranking 2016
Lending Rate
Deposit Rate
Real Interest Rate
Credit to GDP
Non-Performing Loans
Peak: 1974
Lowest: 1967
M2 Money Supply Growth 1990s
M2 Money Supply Growth 2000s
M2 Money Supply Growth 2010s
M2 Money Supply Growth 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation M2 Money Supply Growth
OPEC M2 Money Supply Growth
African Union M2 Money Supply Growth
Global Ranking