Nigeria - M2 Money Supply Growth 2019
6.45%
−8.53pp from 2018
Nigeria's m2 money supply growth was 6.45% in 2019, decreased +8.53pp from 14.98% in 2018. This was the 59th highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | St. Kitts and Nevis | -15.12% | -487.3% |
| 2nd | Dominica | -11.78% | -852.5% |
| 3rd | Lesotho | -8.99% | -184.1% |
| 4th | St. Lucia | -8.34% | -268.2% |
| 5th | Liberia | -7.40% | -344.0% |
| 6th | Equatorial Guinea | -7.26% | -835.8% |
| 7th | Timor-Leste | -7.11% | -327.7% |
| 8th | Solomon Islands | -3.06% | -144.9% |
| 9th | São Tomé and Principe | -2.08% | -113.7% |
| 10th | Grenada | -2.03% | -122.0% |
| 11th | Libya | -1.85% | -194.8% |
| 12th | Montenegro | -1.67% | -153.0% |
| 13th | Bolivia, Plurinational State of | -1.56% | -137.8% |
| 14th | Kuwait | -1.47% | -136.2% |
| 15th | United Kingdom | -1.36% | -125.7% |
| 16th | Algeria | -0.76% | -106.8% |
| 17th | Tonga | -0.50% | -106.3% |
| 18th | Antigua and Barbuda | -0.45% | -106.2% |
| 19th | Guinea-Bissau | 0.25% | -95.8% |
| 20th | Micronesia, Federated States of | 1.01% | -56.6% |
| 21st | Gabon | 1.36% | -95.9% |
| 22nd | Eswatini | 1.78% | -56.2% |
| 23rd | Japan | 2.08% | -10.8% |
| 24th | Kazakhstan | 2.44% | -65.0% |
| 25th | Qatar | 2.48% | 138.1% |
| 26th | Malaysia | 2.67% | -65.2% |
| 27th | Trinidad and Tobago | 2.88% | 145.7% |
| 28th | Barbados | 2.96% | 2,402.8% |
| 29th | Fiji | 3.18% | 29.2% |
| 30th | Thailand | 3.64% | -22.1% |
| 31st | Morocco | 3.78% | -6.9% |
| 32nd | Norway | 3.97% | -23.3% |
| 33rd | Costa Rica | 4.04% | 87.1% |
| 34th | Brunei Darussalam | 4.27% | 50.4% |
| 35th | Albania | 4.31% | 2,051.8% |
| 36th | Mali | 4.37% | -65.1% |
| 37th | Aruba | 4.40% | 36.1% |
| 38th | Papua New Guinea | 4.42% | 216.9% |
| 39th | Togo | 4.53% | -51.5% |
| 40th | Samoa | 4.64% | -47.0% |
| 41st | Belize | 4.64% | 75.0% |
| 42nd | Mexico | 4.70% | 3.8% |
| 43rd | New Zealand | 4.71% | -26.7% |
| 44th | Hong Kong SAR, China | 4.81% | 23.2% |
| 45th | Singapore | 4.95% | 26.9% |
| 46th | Russian Federation | 5.10% | -58.6% |
| 47th | Jordan | 5.13% | 3,179.3% |
| 48th | St. Vincent and the Grenadines | 5.40% | 335.9% |
| 49th | Macao SAR, China | 5.54% | -45.4% |
| 50th | Suriname | 5.69% | -37.2% |
| 51st | Afghanistan | 5.70% | 121.6% |
| 52nd | Denmark | 5.81% | 286.9% |
| 53rd | Comoros | 5.91% | -30.3% |
| 54th | Benin | 6.01% | 25.3% |
| 55th | Kenya | 6.02% | -40.6% |
| 56th | South Africa | 6.11% | 9.1% |
| 57th | Nicaragua | 6.23% | 133.4% |
| 58th | Czechia | 6.36% | 0.7% |
| 59th | Nigeria | 6.45% | -57.0% |
| 60th | Indonesia | 6.54% | 4.0% |
| 61st | Iceland | 6.59% | -5.7% |
| 62nd | Vanuatu | 6.91% | -47.2% |
| 63rd | Mongolia | 6.98% | -69.4% |
| 64th | Madagascar | 6.98% | -41.6% |
| 65th | Sweden | 7.06% | 84.8% |
| 66th | Israel | 7.52% | 78.7% |
| 67th | Korea | 7.90% | 17.5% |
| 68th | Botswana | 7.99% | -4.0% |
| 69th | United Arab Emirates | 8.00% | 216.3% |
| 70th | Moldova | 8.12% | 2.0% |
| 71st | Brazil | 8.14% | 14.5% |
| 72nd | Hungary | 8.15% | -31.0% |
| 73rd | North Macedonia | 8.19% | -24.3% |
| 74th | Senegal | 8.22% | -41.9% |
| 75th | Poland | 8.26% | -9.8% |
| 76th | Peru | 8.32% | 53.1% |
| 77th | Sri Lanka | 8.32% | -27.1% |
| 78th | Serbia | 8.35% | -42.5% |
| 79th | United States | 8.39% | 108.2% |
| 80th | Iraq | 8.44% | 209.3% |
| 81st | Cabo Verde | 8.45% | 505.8% |
| 82nd | Mauritius | 8.48% | 35.0% |
| 83rd | Guatemala | 8.75% | -9.3% |
| 84th | Djibouti | 8.78% | 257.3% |
| 85th | Colombia | 8.85% | 73.3% |
| 86th | Bosnia and Herzegovina | 8.85% | -5.6% |
| 87th | Ecuador | 8.85% | 89.3% |
| 88th | China | 8.88% | 27.1% |
| 89th | Central African Republic | 8.92% | -36.5% |
| 90th | Burkina Faso | 9.09% | -12.9% |
| 91st | Maldives | 9.53% | 181.8% |
| 92nd | Tanzania | 9.64% | 114.8% |
| 93rd | Jamaica | 9.67% | -2.2% |
| 94th | Paraguay | 9.80% | 21.6% |
| 95th | Philippines | 9.84% | 9.4% |
| 96th | Bulgaria | 9.88% | 12.6% |
| 97th | Mauritania | 9.95% | -8.8% |
| 98th | West Bank and Gaza | 9.99% | 161.2% |
| 99th | Malawi | 10.19% | -9.3% |
| 100th | Rwanda | 10.21% | -46.1% |
| 101st | Honduras | 10.27% | 25.1% |
| 102nd | India | 10.51% | -0.1% |
| 103rd | Namibia | 10.53% | 64.8% |
| 104th | Bahamas, The | 10.59% | 906.9% |
| 105th | Côte d'Ivoire | 10.76% | -19.7% |
| 106th | Romania | 10.91% | 22.7% |
| 107th | Tunisia | 10.95% | 53.9% |
| 108th | Armenia | 11.18% | 50.2% |
| 109th | El Salvador | 11.31% | 86.3% |
| 110th | Dominican Republic | 11.67% | 75.8% |
| 111th | Pakistan | 11.67% | 18.7% |
| 112th | Bangladesh | 11.91% | 3.5% |
| 113th | Chile | 12.16% | 191.0% |
| 114th | Belarus | 12.21% | 43.7% |
| 115th | Bhutan | 12.43% | 89.7% |
| 116th | Zambia | 12.55% | -23.9% |
| 117th | Kosovo | 12.57% | 56.2% |
| 118th | Ukraine | 12.58% | 121.0% |
| 119th | Kyrgyz Republic | 12.83% | 132.4% |
| 120th | Egypt, Arab Republic of | 13.28% | -0.2% |
| 121st | Mozambique | 13.39% | 62.8% |
| 122nd | Viet Nam | 13.62% | 7.3% |
| 123rd | Seychelles | 13.69% | 77.3% |
| 124th | Haiti | 13.73% | -28.3% |
| 125th | Nepal | 13.81% | -30.1% |
| 126th | Uzbekistan | 13.88% | -1.7% |
| 127th | Congo, Republic of | 14.00% | 332.9% |
| 128th | Australia | 14.06% | 492.3% |
| 129th | Sierra Leone | 14.31% | -1.0% |
| 130th | Guyana | 14.38% | 140.4% |
| 131st | Niger | 15.06% | 815.6% |
| 132nd | Myanmar | 15.54% | 6.7% |
| 133rd | Uganda | 15.88% | 92.9% |
| 134th | Uruguay | 15.93% | 34.6% |
| 135th | Tajikistan | 16.94% | 229.3% |
| 136th | Georgia | 17.56% | 26.1% |
| 137th | Cambodia | 18.15% | -31.6% |
| 138th | Azerbaijan | 19.97% | 253.1% |
| 139th | Ghana | 21.35% | 35.5% |
| 140th | Burundi | 22.55% | 13.5% |
| 141st | Chad | 22.70% | 3,387.3% |
| 142nd | Guinea | 23.41% | 138.1% |
| 143rd | Argentina | 25.88% | -45.6% |
| 144th | South Sudan | 26.82% | -47.7% |
| 145th | Gambia, The | 27.01% | 48.0% |
| 146th | Türkiye | 27.02% | 47.0% |
| 147th | Angola | 30.11% | 47.4% |
| 148th | Sudan | 60.08% | -46.3% |
| 149th | Zimbabwe | 249.84% | 790.7% |
FAQ
What was Nigeria's m2 money supply growth in 2019?▾
Nigeria's m2 money supply growth in 2019 was 6.45%. This ranked 59th globally.
How did Nigeria's m2 money supply growth change in 2019?▾
Nigeria's m2 money supply growth decreased by 57.0% in 2019 compared to 2018.
Which country had the highest m2 money supply growth in 2019?▾
Zimbabwe had the highest m2 money supply growth in 2019 at 249.84%.
What is the m2 money supply growth of Nigeria in 2019?▾
The m2 money supply growth of Nigeria in 2019 was 6.45%. This ranked 59th globally.
How does 2019 compare to 2018 for Nigeria's m2 money supply growth?▾
Nigeria's m2 money supply growth went from 14.98% in 2018 to 6.45% in 2019, a 57.0% decrease.
HistorySaid - pattern alert
Nigeria matched the Fiscal Dominance Trap pattern in 2019. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 17.0%. View full analysis →
Related
2018
2020
All years
Full ranking 2019
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