Total Reserves, annual growth rate in Nigeria

Nigeria: Total Reserves, annual growth rate was -3.71 % change on previous year in 2016. ◆ Volatile

Latest (2016)
-3.71 % change on previous year
Change on year
up 83.8%
World rank
127th
of 163 countries
All-time high
137.19 % change on previous year
in 2004
All-time low
-29.78 % change on previous year
in 2002
Years of data
16
2001–2016

Total Reserves, annual growth rate in Nigeria, 2001–2016

-500501001502001200820162001: 5.5 % change on previous year2002: -29.8 % change on previous year2003: -2.7 % change on previous year2004: 137.2 % change on previous year2005: 66.6 % change on previous year2006: 49.5 % change on previous year2007: 21.3 % change on previous year2008: 3.2 % change on previous year2009: -15.5 % change on previous year2010: -22 % change on previous year2011: 0.836 % change on previous year2012: 31.8 % change on previous year2013: -2.1 % change on previous year2014: -19.3 % change on previous year2015: -22.9 % change on previous year2016: -3.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Nigeria recorded -3.71 % change on previous year for total reserves, annual growth rate in 2016.

Compared with earlier readings it is up 83.8% on the previous year and down 107.5% over ten years.

Over the whole period, total reserves, annual growth rate in Nigeria peaked at 137.19 % change on previous year in 2004 and was at its lowest, -29.78 % change on previous year, in 2002.

Nigeria ranks 127th of 163 countries on this measure, in the bottom quarter.

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

Total Reserves, annual growth rate in Nigeria, year by year

Annual values for Total Reserves, annual growth rate in Nigeria, 2001 to 2016.
Year % change on previous year Change
2001 5.48 % change on previous year
2002 -29.78 % change on previous year -643.6%
2003 -2.71 % change on previous year -90.9%
2004 137.19 % change on previous year -5155.0%
2005 66.62 % change on previous year -51.4%
2006 49.52 % change on previous year -25.7%
2007 21.35 % change on previous year -56.9%
2008 3.24 % change on previous year -84.8%
2009 -15.53 % change on previous year -578.8%
2010 -21.97 % change on previous year +41.5%
2011 0.8365 % change on previous year -103.8%
2012 31.76 % change on previous year +3696.4%
2013 -2.11 % change on previous year -106.6%
2014 -19.27 % change on previous year +815.1%
2015 -22.85 % change on previous year +18.6%
2016 -3.71 % change on previous year -83.8%

Biggest year-on-year movements

Years where Total Reserves, annual growth rate in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2004 +5155.0% -2.71 % change on previous year 137.19 % change on previous year
2012 +3696.4% 0.8365 % change on previous year 31.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s 26.15 % change on previous year -29.78 % change on previous year 137.19 % change on previous year 9
2010s -5.33 % change on previous year -22.85 % change on previous year 31.76 % change on previous year 7

Countries ranked near Nigeria

  1. 124 Fiji -1.11 % change on previous year compare
  2. 125 Cape Verde -1.77 % change on previous year compare
  3. 126 Zimbabwe -2.9 % change on previous year compare
  4. 128 Liberia -3.88 % change on previous year compare
  5. 129 Kenya -3.9 % change on previous year compare
  6. 130 Democratic Republic of Congo -4.33 % change on previous year compare

See the full ranking of 173 places →

More reference data data for Nigeria

All data for Nigeria →

Frequently asked questions

What is total reserves, annual growth rate in Nigeria?
Total reserves, annual growth rate in Nigeria was -3.71 % change on previous year in 2016, according to Statizoid (derived).
What is the highest total reserves, annual growth rate recorded in Nigeria?
The highest recorded value was 137.19 % change on previous year in 2004.
What is the lowest total reserves, annual growth rate recorded in Nigeria?
The lowest recorded value was -29.78 % change on previous year in 2002.
How does Nigeria rank for total reserves, annual growth rate?
Nigeria ranks 127th out of 163 countries with data for 2016.
Is total reserves, annual growth rate rising or falling in Nigeria?
Over the last ten years it is down 107.5%. 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 Total Reserves, annual growth rate. Statizoid updates them automatically from the source API.

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Total Reserves, annual growth rate in Nigeria. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://reference.statizoid.com/stat/total-reserves-annual-growth-rate/nigeria/

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How this figure is calculated

The year-on-year percentage change in Total Reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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
Total Reserves, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
173 places, 4,227 data points, 1991–2025
Last refreshed

The year-on-year percentage change in Total Reserves. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.