Algeria vs Nigeria: Total reserves minus gold
Total reserves minus gold over time
- Algeria
- Nigeria
How they compare
Algeria currently reports 48.12 billion current US$ against 43.01 billion current US$ in Nigeria, a difference of 5.11 billion current US$.
That makes Algeria's figure about 1.1 times Nigeria's.
The two have swapped places 15 times across 66 shared years of data; in 1960 it was Nigeria ahead.
Globally, Algeria ranks 41st and Nigeria ranks 44th of 181 countries.
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About this data
This series includes external assets (excluding monetary gold) that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.