24_International reserves in Nigeria

Nigeria: 24_International reserves was 45.34 billion excluding gold in 2026. ◆ Volatile

Latest (2026)
45.34 billion excluding gold
Change on year
up 26.3%
World rank
43rd
of 175 countries
All-time high
59.76 billion excluding gold
in 2008
All-time low
1.00 billion excluding gold
in 1993
Years of data
37
1990–2026

24_International reserves in Nigeria, 1990–2026

020.0B40.0B60.0B1990200820261990: 2.5B excluding gold1991: 4.7B excluding gold1992: 3.4B excluding gold1993: 1.0B excluding gold1994: 1.4B excluding gold1995: 1.6B excluding gold1996: 2.2B excluding gold1997: 6.2B excluding gold1998: 8.3B excluding gold1999: 5.5B excluding gold2000: 6.7B excluding gold2001: 10.8B excluding gold2002: 9.5B excluding gold2003: 7.9B excluding gold2004: 9.3B excluding gold2005: 21.8B excluding gold2006: 36.1B excluding gold2007: 43.2B excluding gold2008: 59.8B excluding gold2009: 47.1B excluding gold2010: 40.7B excluding gold2011: 33.2B excluding gold2012: 35.2B excluding gold2013: 47.9B excluding gold2014: 37.4B excluding gold2015: 29.4B excluding gold2016: 27.6B excluding gold2017: 30.2B excluding gold2018: 47.0B excluding gold2019: 45.0B excluding gold2020: 33.9B excluding gold2021: 35.4B excluding gold2022: 38.2B excluding gold2023: 35.3B excluding gold2024: 31.0B excluding gold2025: 35.9B excluding gold2026: 45.3B excluding gold

Source: IMF. Measured in excluding gold.

Analysis

In 2026, 24_international reserves in Nigeria stood at 45.34 billion excluding gold.

That represents a change of up 26.3% on the previous year and up 64.4% over ten years.

Over the whole period, 24_international reserves in Nigeria peaked at 59.76 billion excluding gold in 2008 and was at its lowest, 1.00 billion excluding gold, in 1993.

That places Nigeria 43rd out of 175 countries with data for 2026, putting it in the top quarter.

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

24_International reserves in Nigeria, year by year

Annual values for 24_International reserves (excluding gold) in Nigeria, 1990 to 2026.
Year excluding gold Change
1990 2.46 billion excluding gold —
1991 4.73 billion excluding gold +92.2%
1992 3.38 billion excluding gold -28.4%
1993 1.00 billion excluding gold -70.3%
1994 1.36 billion excluding gold +34.9%
1995 1.56 billion excluding gold +14.8%
1996 2.16 billion excluding gold +39.1%
1997 6.18 billion excluding gold +185.7%
1998 8.32 billion excluding gold +34.6%
1999 5.51 billion excluding gold -33.8%
2000 6.68 billion excluding gold +21.3%
2001 10.79 billion excluding gold +61.4%
2002 9.50 billion excluding gold -11.9%
2003 7.86 billion excluding gold -17.2%
2004 9.30 billion excluding gold +18.3%
2005 21.81 billion excluding gold +134.4%
2006 36.07 billion excluding gold +65.4%
2007 43.24 billion excluding gold +19.9%
2008 59.76 billion excluding gold +38.2%
2009 47.08 billion excluding gold -21.2%
2010 40.67 billion excluding gold -13.6%
2011 33.22 billion excluding gold -18.3%
2012 35.20 billion excluding gold +5.9%
2013 47.89 billion excluding gold +36.0%
2014 37.40 billion excluding gold -21.9%
2015 29.36 billion excluding gold -21.5%
2016 27.58 billion excluding gold -6.0%
2017 30.23 billion excluding gold +9.6%
2018 46.98 billion excluding gold +55.4%
2019 45.04 billion excluding gold -4.1%
2020 33.92 billion excluding gold -24.7%
2021 35.38 billion excluding gold +4.3%
2022 38.18 billion excluding gold +7.9%
2023 35.32 billion excluding gold -7.5%
2024 30.99 billion excluding gold -12.3%
2025 35.91 billion excluding gold +15.9%
2026 45.34 billion excluding gold +26.3%

Nigeria compared with similar countries

  • Nigeria's 45.34 billion excluding gold is above the median for lower middle income countries, which is 3.61 billion excluding gold, 12.6× the median. (40 countries reporting)
  • Nigeria's 45.34 billion excluding gold is above the median for Sub-Saharan Africa, which is 1.30 billion excluding gold, 35.0× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.67 billion excluding gold 1.00 billion excluding gold 8.32 billion excluding gold 10
2000s 25.21 billion excluding gold 6.68 billion excluding gold 59.76 billion excluding gold 10
2010s 37.36 billion excluding gold 27.58 billion excluding gold 47.89 billion excluding gold 10
2020s 36.44 billion excluding gold 30.99 billion excluding gold 45.34 billion excluding gold 7

Countries ranked near Nigeria

  1. 40 Turkey 49.22 billion excluding gold compare
  2. 41 Ukraine 47.99 billion excluding gold compare
  3. 42 Morocco 45.61 billion excluding gold compare
  4. 44 Algeria 40.38 billion excluding gold compare
  5. 45 Kuwait 39.83 billion excluding gold compare
  6. 46 Qatar 39.03 billion excluding gold compare

See the full ranking of 175 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is 24_international reserves in Nigeria?
24_international reserves in Nigeria was 45.34 billion excluding gold in 2026, according to IMF.
What is the highest 24_international reserves recorded in Nigeria?
The highest recorded value was 59.76 billion excluding gold in 2008.
What is the lowest 24_international reserves recorded in Nigeria?
The lowest recorded value was 1.00 billion excluding gold in 1993.
How does Nigeria rank for 24_international reserves?
Nigeria ranks 43rd out of 175 countries with data for 2026.
Is 24_international reserves rising or falling in Nigeria?
Over the last ten years it is up 64.4%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from IMF, published as part of 24_International reserves (excluding gold). Statizoid updates them automatically from the source API.

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24_International reserves in Nigeria. Statizoid, drawing on IMF. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/24-international-reserves-excluding-gold/nigeria/

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About this data

Indicator
24_International reserves (excluding gold)
Unit
excluding gold
Source
IMF
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
175 places, 6,120 data points, 1990–2026
Last refreshed

The data on international reserve assets refer to entries published in the world tables of the IMF’s International Financial Statistics (IFS).