Post by Ojogun Victor Danboyi (@realwaves)

Nigeria External Reserves (2010–2024)

(Approximate Year-End Figures, USD Billion)
2010 33.31 Recovery after global crisis
2011 33.69 Stable
2012 44.97 Strong oil revenue period
2013 43.68 Slight decline
2014 35.07 Oil price crash begins
2015 29.01 Sharp fall
2016 28.02 FX crisis period
2017 40.50 Recovery starts
2018 42.84 Peak recovery
2019 38.34 Gradual decline
2020 36.73 COVID-19 impact
2021 40.48 Oil rebound
2022 35.56 FX pressure
2023 32.03 Weak inflows
2024. 38.61. Rebuilding phase

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