24_International reserves (excluding gold), per unit of GDP in Nigeria

Nigeria: 24_International reserves (excluding gold), per unit of GDP was 0.1235 excluding gold per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.1235 excluding gold per US$ of GDP
Change on year
up 0.5%
World rank
100th
of 174 countries
All-time high
0.176 excluding gold per US$ of GDP
in 2008
All-time low
0.011 excluding gold per US$ of GDP
in 1995
Years of data
36
1990–2025

24_International reserves (excluding gold), per unit of GDP in Nigeria, 1990–2025

00.050.10.150.21990200720251990: 0.046 excluding gold per US$ of GDP1991: 0.079 excluding gold per US$ of GDP1992: 0.065 excluding gold per US$ of GDP1993: 0.018 excluding gold per US$ of GDP1994: 0.017 excluding gold per US$ of GDP1995: 0.011 excluding gold per US$ of GDP1996: 0.012 excluding gold per US$ of GDP1997: 0.031 excluding gold per US$ of GDP1998: 0.038 excluding gold per US$ of GDP1999: 0.093 excluding gold per US$ of GDP2000: 0.097 excluding gold per US$ of GDP2001: 0.147 excluding gold per US$ of GDP2002: 0.1 excluding gold per US$ of GDP2003: 0.075 excluding gold per US$ of GDP2004: 0.069 excluding gold per US$ of GDP2005: 0.124 excluding gold per US$ of GDP2006: 0.151 excluding gold per US$ of GDP2007: 0.155 excluding gold per US$ of GDP2008: 0.176 excluding gold per US$ of GDP2009: 0.16 excluding gold per US$ of GDP2010: 0.111 excluding gold per US$ of GDP2011: 0.08 excluding gold per US$ of GDP2012: 0.076 excluding gold per US$ of GDP2013: 0.092 excluding gold per US$ of GDP2014: 0.065 excluding gold per US$ of GDP2015: 0.06 excluding gold per US$ of GDP2016: 0.068 excluding gold per US$ of GDP2017: 0.08 excluding gold per US$ of GDP2018: 0.111 excluding gold per US$ of GDP2019: 0.067 excluding gold per US$ of GDP2020: 0.057 excluding gold per US$ of GDP2021: 0.058 excluding gold per US$ of GDP2022: 0.059 excluding gold per US$ of GDP2023: 0.072 excluding gold per US$ of GDP2024: 0.123 excluding gold per US$ of GDP2025: 0.124 excluding gold per US$ of GDP

Source: Statizoid (derived). Measured in excluding gold per US$ of GDP.

Analysis

Nigeria recorded 0.1235 excluding gold per US$ of GDP for 24_international reserves (excluding gold), per unit of gdp in 2025.

The figure is up 0.5% on the previous year and up 107.4% over ten years.

Over the whole period, 24_international reserves (excluding gold), per unit of gdp in Nigeria peaked at 0.176 excluding gold per US$ of GDP in 2008 and was at its lowest, 0.011 excluding gold per US$ of GDP, in 1995.

That places Nigeria 100th out of 174 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

24_International reserves (excluding gold), per unit of GDP in Nigeria, year by year

Annual values for 24_International reserves (excluding gold), per unit of GDP in Nigeria, 1990 to 2025.
Year excluding gold per US$ of GDP Change
1990 0.0455 excluding gold per US$ of GDP
1991 0.0794 excluding gold per US$ of GDP +74.4%
1992 0.065 excluding gold per US$ of GDP -18.2%
1993 0.0177 excluding gold per US$ of GDP -72.7%
1994 0.0169 excluding gold per US$ of GDP -4.9%
1995 0.011 excluding gold per US$ of GDP -34.5%
1996 0.0116 excluding gold per US$ of GDP +5.5%
1997 0.0308 excluding gold per US$ of GDP +164.2%
1998 0.0381 excluding gold per US$ of GDP +23.8%
1999 0.0931 excluding gold per US$ of GDP +144.5%
2000 0.0966 excluding gold per US$ of GDP +3.7%
2001 0.1467 excluding gold per US$ of GDP +51.8%
2002 0.1 excluding gold per US$ of GDP -31.8%
2003 0.0751 excluding gold per US$ of GDP -24.9%
2004 0.0685 excluding gold per US$ of GDP -8.7%
2005 0.1242 excluding gold per US$ of GDP +81.2%
2006 0.1513 excluding gold per US$ of GDP +21.8%
2007 0.1554 excluding gold per US$ of GDP +2.7%
2008 0.176 excluding gold per US$ of GDP +13.3%
2009 0.1596 excluding gold per US$ of GDP -9.3%
2010 0.1108 excluding gold per US$ of GDP -30.6%
2011 0.0802 excluding gold per US$ of GDP -27.7%
2012 0.0759 excluding gold per US$ of GDP -5.4%
2013 0.0921 excluding gold per US$ of GDP +21.4%
2014 0.0651 excluding gold per US$ of GDP -29.3%
2015 0.0595 excluding gold per US$ of GDP -8.6%
2016 0.0682 excluding gold per US$ of GDP +14.5%
2017 0.0805 excluding gold per US$ of GDP +18.0%
2018 0.1114 excluding gold per US$ of GDP +38.5%
2019 0.0674 excluding gold per US$ of GDP -39.5%
2020 0.0567 excluding gold per US$ of GDP -15.9%
2021 0.0581 excluding gold per US$ of GDP +2.5%
2022 0.059 excluding gold per US$ of GDP +1.6%
2023 0.0725 excluding gold per US$ of GDP +22.8%
2024 0.1228 excluding gold per US$ of GDP +69.5%
2025 0.1235 excluding gold per US$ of GDP +0.5%

Nigeria compared with similar countries

  • Nigeria's 0.1235 excluding gold per US$ of GDP is above the median for lower middle income countries, which is 0.1198 excluding gold per US$ of GDP, 1.0× the median. (40 countries reporting)
  • Nigeria's 0.1235 excluding gold per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0876 excluding gold per US$ of GDP, 1.4× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0409 excluding gold per US$ of GDP 0.011 excluding gold per US$ of GDP 0.0931 excluding gold per US$ of GDP 10
2000s 0.1253 excluding gold per US$ of GDP 0.0685 excluding gold per US$ of GDP 0.176 excluding gold per US$ of GDP 10
2010s 0.0811 excluding gold per US$ of GDP 0.0595 excluding gold per US$ of GDP 0.1114 excluding gold per US$ of GDP 10
2020s 0.0821 excluding gold per US$ of GDP 0.0567 excluding gold per US$ of GDP 0.1235 excluding gold per US$ of GDP 6

Countries ranked near Nigeria

  1. 97 South Africa 0.1284 excluding gold per US$ of GDP compare
  2. 98 Mexico 0.1281 excluding gold per US$ of GDP compare
  3. 99 Chile 0.126 excluding gold per US$ of GDP compare
  4. 101 Myanmar 0.1162 excluding gold per US$ of GDP compare
  5. 102 Dominican Republic 0.116 excluding gold per US$ of GDP compare
  6. 103 Angola 0.1121 excluding gold per US$ of GDP compare

See the full ranking of 174 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is 24_international reserves (excluding gold), per unit of gdp in Nigeria?
24_international reserves (excluding gold), per unit of gdp in Nigeria was 0.1235 excluding gold per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest 24_international reserves (excluding gold), per unit of gdp recorded in Nigeria?
The highest recorded value was 0.176 excluding gold per US$ of GDP in 2008.
What is the lowest 24_international reserves (excluding gold), per unit of gdp recorded in Nigeria?
The lowest recorded value was 0.011 excluding gold per US$ of GDP in 1995.
How does Nigeria rank for 24_international reserves (excluding gold), per unit of gdp?
Nigeria ranks 100th out of 174 countries with data for 2025.
Is 24_international reserves (excluding gold), per unit of gdp rising or falling in Nigeria?
Over the last ten years it is up 107.4%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Statizoid (derived), published as part of 24_International reserves (excluding gold), per unit of GDP. Statizoid updates them automatically from the source API.

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24_International reserves (excluding gold), per unit of GDP in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/24-international-reserves-excluding-gold-per-unit-of-gdp/nigeria/

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How this figure is calculated

24_International reserves (excluding gold) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

24_International reserves (excluding gold) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
24_International reserves (excluding gold), per unit of GDP
Unit
excluding gold per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
174 places, 5,955 data points, 1990–2025
Last refreshed

24_International reserves (excluding gold) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.