Nigeria vs Russia: Broad money
Nigeria
78.76 trillion current LCU
in 2023
Russia
75.28 trillion current LCU
in 2020
Nigeria rank
16th
Russia rank
17th
Broad money over time
- Nigeria
- Russia
How they compare
Nigeria currently reports 78.76 trillion current LCU against 75.28 trillion current LCU in Russia, a difference of 3.48 trillion current LCU.
Across all 20 years both countries report, Russia has been ahead every year.
Globally, Nigeria ranks 16th and Russia ranks 17th of 166 countries.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.