Page 53 - UUBO PE Summit 2020 - Materials

Our Peers Meet Much Higher Liquidity Thresholds:

We Must Join the Global Liquidity Race!!!

Fiscal Liquidity 2017 Domestic Liquidity 2018 External Liquidity 2018

South Africa 30.89 South Africa 366.1 Saudi Arabia 65.1
296.1
Turkey 29.74 China 293.5 Algeria 48.4
Brazil 27.18 Malaysia 235.5 Malaysia 28.6
Morocco
Saudi Arabia 26.78 Brazil 233.3 Russian Federation 28.3
Morocco 25.25 India 219.7 United Arab Emirates 24.0
Russian Federation 24.37 Sudan 206.5 China 23.3
Egypt, Arab Rep. 22.81 Egypt, Arab Rep. 191.1 Morocco 20.6
Kenya 22.03 United Arab Emirates 161.6 Brazil 20.1
Angola 16.36 Angola 118.4 Egypt, Arab Rep. 16.7
Malaysia 16.29 Algeria 116.3 India 14.6
China 15.81 Indonesia 114.7 Angola 14.6
107.9
Tanzania 13.57 Russian Federation 102.6 South Africa 14.1
India 12.86 Turkey 94.7 Turkey 12.1
Kenya
Indonesia 12.18 Ghana 87.0 Indonesia 11.6
Sudan 9.72 Saudi Arabia 82.5 Nigeria 10.8
Ethiopia 9.45 Ethiopia 61.1 Ghana 9.6
9.3
Nigeria 6.09 Nigeria 59.9 Kenya 8.8
United Arab Emirates 3.52 Tanzania 36.0 Tanzania 4.7
Ethiopia
0 10 20 30 40 0 100 200 300 400 0 50 100
Total Government Revenue % of GDP Sum of Money, Bonds and Equity as % of GDP Foreign Reserves as % of GDP

Evolution of Nigeria's Fiscal Liquidity Evolution of Nigeria's Domestic Liquidity Evolution of Nigeria's External Liquidity
25 60 20
Federation's Total Revenue as % of GDP 15 5 Sum of Money, Bonds and Equity as % of GDP 40 Foreign Reserves As % of GDP 14 8 6 4
18
50
16
20
12
30
10
10
20

06 0 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 10 0 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2 0 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017