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FX Denominated Liabilities (As % of Liabilities) in Nigeria

Source: IMF
Last Updated: March 9, 2025

Fx denominated liabilities as a share of liabilities reached 56.6% in 2023 in Nigeria, according to the National Central Bank. This is 76.0% more than in the previous year.

Historically, FX denominated liabilities as a share of liabilities in Nigeria reached an all time high of 56.6% in 2023 and an all time low of 1.09% in 2010.

Nigeria has been ranked 10th within the group of 79 countries we follow in terms of FX denominated liabilities as a share of liabilities.

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