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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
NigeriaNigeria Broad Money (% of GDP) held to 25.08 Percent in December 2023
World BankYearlyReleased December 2023
Nigeria Broad Money (% of GDP) held to 25.08 Percent in December 2023.
Latest Release
25.081576
Actual
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Consensus
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Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Moves with | → View |
| USD/JPY | ▲ Direct | +0.30 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Broad Money (% of GDP) (Nigeria) was reported at 25.08 Percent in December 2023. This is classified as a medium-impact indicator released on a yearly basis.
Auto-generated from current model state · Refreshes on each release · Last update December 2023.
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Broad Money (% of GDP) - NG
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About Broad Money (% of GDP) — Nigeria
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released annually.
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Economic Calendar - NG Events
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:40 | NG | Foreign Exchange Reserves | 51.92 | 51.29 | 51.5 | 51.71 | Low |
| Monday, August 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:45 | NG | Stanbic IBTC Bank Nigeria PMI | 53.4 | 52.9 | 54.35 | Low | |