Nigeria

National Accounts Last Frequency Range
Nominal GDP (USD mn) 108,402.1 Jun 2022 quarterly Mar 2010 - Jun 2022
Real GDP Growth (%) 3.5 Jun 2022 quarterly Mar 2011 - Jun 2022
Nominal GDP Growth (%) 15.031 Jun 2022 quarterly Mar 2011 - Jun 2022
GDP per Capita (USD) 2,057.020 2021 yearly 1981 - 2021
GDP Deflator Growth (%) 11.1 Jun 2022 quarterly Mar 2011 - Jun 2022
Private Consumption Expenditure (USD mn) 73,854.829 Dec 2021 quarterly Mar 2010 - Dec 2021
Private Consumption: % of GDP (%) 62.2 2021 yearly 1981 - 2021
Public Consumption Expenditure (USD mn) 5,854.932 Dec 2021 quarterly Mar 2010 - Dec 2021
Public Consumption: % of GDP (%) 5.1 2021 yearly 1981 - 2021
Investment: % of GDP (%) 33.8 2021 yearly 1981 - 2021
Gross Fixed Capital Formation (USD mn) 41,884.601 Dec 2021 quarterly Mar 2010 - Dec 2021
Gross National Product (GNP) (USD mn) 423,827.876 2021 yearly 1960 - 2021
Gross Savings Rate (%) 32.7 2021 yearly 1981 - 2021
Forecast: GDP PPP Per Capita (PPP Intl $) 6,702.159 2027 yearly 1990 - 2027
Forecast: Nominal GDP Per Capita (USD) 3,913.774 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.910 2027 yearly 1991 - 2027
Total Trade of Goods & Services: % of Nominal GDP (%) 23.366 Dec 2021 quarterly Mar 2010 - Dec 2021
Production Last Frequency Range
Industrial Production Index Growth (%) -9.7 Mar 2022 quarterly Mar 2011 - Mar 2022
Minerals Production (Metric Ton) 130,414,020.000 2020 yearly 2009 - 2020
Gold Production (kg) 39.000 2019 yearly 1993 - 2019
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Industrial Production Index: Manufacturing (2010=100) 202.100 Mar 2022 quarterly Mar 2010 - Mar 2022
Industrial Production Index (2010=100) 102.300 Mar 2022 quarterly Mar 2010 - Mar 2022
Industrial Production Index: Mining (2010=100) 59.300 Mar 2022 quarterly Mar 2010 - Mar 2022
Capacity Utilization Rate: Manufacturing (%) 55.400 Mar 2022 quarterly Dec 2008 - Mar 2022
Electricity Generation: Average per Hour (MWh) 3,380.700 Mar 2022 quarterly Mar 2005 - Mar 2022
Electricity Consumption: Average per Hour (MWh) 2,885.450 Mar 2022 quarterly Mar 2005 - Mar 2022
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.4 Mar 2022 quarterly Dec 2010 - Mar 2022
Consolidated Fiscal Balance (USD mn) -3,893.668 Mar 2022 quarterly Mar 2005 - Mar 2022
National Government Debt (USD mn) 88,421.5 Mar 2022 quarterly Dec 2006 - Mar 2022
Government Debt: % of GDP (%) 20.6 Mar 2022 quarterly Dec 2010 - Mar 2022
Forecast: Government Expenditure (NGN bn) 53,826.479 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 173,827.955 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,821.587 2027 yearly 1990 - 2027
Gross Federation Account Revenue (NGN bn) 2,844.730 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Capital (NGN bn) 558.420 Mar 2022 quarterly Mar 2005 - Mar 2022
Federal Govt Expenditure (NGN bn) 2,760.610 Mar 2022 quarterly Mar 2005 - Mar 2022
Federal Govt Balance (NGN bn) -1,617.840 Mar 2022 quarterly Mar 2005 - Mar 2022
Federal Govt Expenditure: Recurrent (NGN bn) 2,078.050 Mar 2022 quarterly Mar 2005 - Mar 2022
Federal Govt Revenue (NGN bn) 1,142.770 Mar 2022 quarterly Mar 2005 - Mar 2022
Gross Federation Account Revenue: Oil (NGN bn) 1,115.170 Dec 2021 quarterly Mar 2005 - Dec 2021
Government Debt: Domestic (NGN bn) 20,144.028 Mar 2022 quarterly Dec 2005 - Mar 2022
Demographic and Labour Market Last Frequency Range
Population (Person mn) 211.5 2021 yearly 1950 - 2021
Labour Force Participation Rate (%) 62.8 2020 yearly 1990 - 2020
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Unemployment Rate (%) 33.28 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Forecast: Population (Person mn) 244.902 2027 yearly 1980 - 2027
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Population: Female (Person mn) 98.234 2017 yearly 2006 - 2017
Population: Male (Person mn) 101.447 2017 yearly 2006 - 2017
Labour Force: Economically Active: Employment: Male (Person) 18,333,745.000 Dec 2020 quarterly Mar 2014 - Dec 2020
Labour Force: Economically Active: Unemployment (Person) 23,187,389.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Unemployment: Male (Person) 12,576,536.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Employment Female (Person) 12,238,695.000 Dec 2020 quarterly Mar 2014 - Dec 2020
Labour Force: Economically Active (Person) 69,675,468.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Male (Person) 39,523,050.000 Dec 2020 quarterly Mar 2014 - Dec 2020
Labour Force: Unemployment: Female (Person) 10,610,854.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Employment (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Female (Person) 30,152,418.000 Dec 2020 quarterly Mar 2014 - Dec 2020
NG: Employment Index (2010=100) 112.760 2017 yearly 2010 - 2017
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) 19.6 Jul 2022 monthly Jan 1961 - Jul 2022
Core CPI Change (%) 16.064 Jul 2022 monthly Jan 1996 - Jul 2022
CPI: Food and Non Alcoholic Beverage Change (%) 21.942 Jul 2022 monthly Jan 1996 - Jul 2022
Forecast: Consumer Price Index Growth (%) 11.500 2027 yearly 1996 - 2027
Consumer Price Index: Alcoholic Beverages, Tobacco and Kola (Nov2009=100) 336.351 Jul 2022 monthly Jan 1995 - Jul 2022
Consumer Price Index: Food and Non Alcoholic Beverages (Nov2009=100) 541.486 Jul 2022 monthly Jan 1995 - Jul 2022
Consumer Price Index (Nov2009=100) 463.626 Jul 2022 monthly Jan 1995 - Jul 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.626 2027 yearly 1991 - 2027
Trade Balance (USD mn) 2,020.9 Jun 2022 monthly Jan 2003 - Jun 2022
Total Exports (USD mn) 6,043.6 Jun 2022 monthly Jan 2003 - Jun 2022
Total Exports Growth (%) 40.0 Jun 2022 monthly Jan 2004 - Jun 2022
Aluminum: Exports (USD th) 118,090.394 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 1,935.596 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 659.364 2021 yearly 1995 - 2021
Total Imports (USD mn) 4,022.8 Jun 2022 monthly Jan 2003 - Jun 2022
Total Imports Growth (%) -12.4 Jun 2022 monthly Jan 2004 - Jun 2022
Imports: Medicament (USD th) 1,503,575.724 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 784,356.486 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 485.976 Jun 2022 monthly Jan 2003 - Jun 2022
Total Imports from USA (USD mn) 372.681 Jun 2022 monthly Dec 2009 - Jun 2022
Total Exports to China (USD mn) 27.700 Jun 2022 monthly Jan 2007 - Jun 2022
Total Imports from China (USD mn) 1,122.654 Jun 2022 monthly Jan 2007 - Jun 2022
Total Trade (NGN mn) 4,177,683.065 Jun 2022 monthly Jan 2003 - Jun 2022
Imports (NGN mn) 1,669,497.807 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: Crude Oil (NGN mn) 1,984,570.423 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: America: ow USA (NGN mn) 201,686.439 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: Europe: ow Netherlands (NGN mn) 186,294.238 Jun 2022 monthly Jan 2003 - Jun 2022
Exports (NGN mn) 2,508,185.258 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: Europe: ow UK (NGN mn) 50,705.873 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Europe: ow Germany (NGN mn) 50,094.090 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Europe: ow UK (NGN mn) 31,364.139 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Asia: ow China (NGN mn) 465,916.152 Jun 2022 monthly Jan 2007 - Jun 2022
Imports: America: ow USA (NGN mn) 154,667.521 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Europe: ow Netherlands (NGN mn) 168,731.075 Jun 2022 monthly Jan 2003 - Jun 2022
Exports: Mineral Products (NGN mn) 16,910,118.786 2021 yearly 2003 - 2021
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 44,635.113 2021 yearly 2003 - 2021
Imports: Food and Live Animals (NGN mn) 297,516.318 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Machinery and Transport Equipment (NGN mn) 512,597.112 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Chemicals and Chemical Products (NGN mn) 294,146.904 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 271,391.044 Jun 2022 monthly Jan 2003 - Jun 2022
Imports: Manufactured Goods (NGN mn) 161,178.612 Jun 2022 monthly Jan 2003 - Jun 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -46.6 Mar 2022 quarterly Mar 2008 - Mar 2022
Current Account Balance (USD mn) 2,577.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Current Account Balance: % of GDP (%) 2.4 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Direct Investment (USD mn) -182.5 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Direct Investment: % of GDP (%) -0.2 Mar 2022 quarterly Mar 2010 - Mar 2022
Foreign Portfolio Investment (USD mn) 1,542.127 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 1.4 Mar 2022 quarterly Mar 2010 - Mar 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 260.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 1,282.174 Mar 2022 quarterly Mar 2008 - Mar 2022
External Debt (USD mn) 39,969.2 Mar 2022 quarterly Dec 2006 - Mar 2022
External Debt: % of GDP (%) 8.8 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 0.1 2019 yearly 2008 - 2019
External Debt: Short Term: % of GDP (%) 0.0 2019 yearly 2008 - 2019
Forecast: Current Account Balance (USD bn) -6.402 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -73,491.250 2021 yearly 2005 - 2021
BoP: CF: Financial Account: Assets (USD mn) -4,110.368 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Income: Debit (USD mn) -4,041.366 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: Net Errors & Omission (USD mn) -1,792.216 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Services: Credit (USD mn) 955.668 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Goods: Debit (USD mn) -13,660.433 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,747.590 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 1,965.977 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 884.280 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Liabilities (USD mn) 3,325.602 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Income (USD mn) -3,867.477 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 46.585 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Services: Debit (USD mn) -3,786.720 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Current Transfers: Debit (USD mn) -116.057 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Goods: Credit (USD mn) 17,304.410 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Goods (USD mn) 3,643.978 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Current Transfers (USD mn) 5,631.532 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,542.127 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Income: Credit (USD mn) 173.889 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account (USD mn) -784.766 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Capital Account (USD mn) 0.000 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) 87.673 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CA: Services (USD mn) -2,831.051 Mar 2022 quarterly Mar 2008 - Mar 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -5,128.906 Mar 2022 quarterly Mar 2008 - Mar 2022
External Debt: Government: International Capital Market (USD mn) 15,618.350 Mar 2022 quarterly Mar 2011 - Mar 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 39,969.190 Mar 2022 quarterly Dec 2006 - Mar 2022
Capital Inflow: Foreign Direct Investment (USD) 7,458,089.000 Jul 2022 monthly Jan 2007 - Jul 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 49,010.710 Jul 2022 monthly Nov 1992 - Jul 2022
Money Supply M2 (USD mn) 116,095.289 Jul 2022 monthly Nov 1992 - Jul 2022
M2 Growth (%) 21.5 Jul 2022 monthly Nov 1993 - Jul 2022
Reserve Requirement Ratio (%) 27.5 Aug 2022 monthly Nov 2005 - Aug 2022
Foreign Exchange Reserves (USD mn) 39,024.9 Aug 2022 monthly Jan 1960 - Aug 2022
Foreign Exchange Reserves: % of GDP (%) 8.764 Jun 2022 quarterly Dec 2010 - Jun 2022
Foreign Exchange Reserves: Months of Import (NA) 9.7 Jun 2022 monthly Jan 2003 - Jun 2022
Gold Reserves (USD mn) 1,406.391 Apr 2021 monthly Dec 1950 - Apr 2021
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 144,235.6 Jul 2022 monthly Nov 1992 - Jul 2022
Domestic Credit Growth (%) 33.3 Jul 2022 monthly Nov 1993 - Jul 2022
Private Debt: % of Nominal GDP (%) 12.23 Dec 2021 quarterly Dec 2010 - Dec 2021
Monetary Survey: Liabilities: Base Money (NGN mn) 14,026,886.110 Jul 2022 monthly Jan 1993 - Jul 2022
Monetary Survey: Liabilities: M2 (NGN mn) 48,258,489.560 Jul 2022 monthly Nov 1992 - Jul 2022
Monetary Survey: Liabilities: M2: M1 (NGN mn) 20,372,771.970 Jul 2022 monthly Nov 1992 - Jul 2022
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 27,885,717.590 Jul 2022 monthly Nov 1992 - Jul 2022
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.700 Jun 2021 semiannually Dec 2003 - Jun 2021
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 32.5 Mar 2020 monthly Jun 2001 - Mar 2020
Capital Adequacy Ratio (%) 15.1 2020 yearly 2004 - 2020
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 12.100 Jul 2022 monthly Jan 2006 - Jul 2022
Exchange Rate against USD (NGN/USD) 419.973 Aug 2022 monthly Jan 1957 - Aug 2022
Policy Rate (% pa) 14.00 Aug 2022 monthly Dec 2006 - Aug 2022
Short Term Interest Rate (% pa) 13.40 Aug 2022 monthly Jan 2010 - Aug 2022
Real Effective Exchange Rate (2005=100) 159.3 Jul 2022 monthly Dec 1979 - Jul 2022
Energy Last Frequency Range
Electricity Production (GWh) 7,302 Mar 2022 quarterly Mar 2005 - Mar 2022
Natural Gas Production: OPEC: Marketed Production (Cub m mn) 48,572.312 2021 yearly 1960 - 2021
Natural Gas: Exports (Cub m mn) 38,464.214 2021 yearly 1960 - 2021
Crude Oil: Production (Barrel/Day th) 1,183.000 Jul 2022 monthly Jan 2002 - Jul 2022
Crude Oil: Exports (Barrel/Day th) 1,592.333 2021 yearly 1980 - 2021
Tourism Last Frequency Range
Visitor Arrivals (Person) 5,265,000 2016 yearly 1995 - 2016
Visitor Arrivals Growth (%) -12.5 2016 yearly 1996 - 2016
Tourism Revenue (USD mn) 321 2020 yearly 1995 - 2020
Tourism Revenue Growth (%) -78.2 2020 yearly 1996 - 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 12.4 May 2022 monthly Jul 2015 - May 2022
Financial Market Last Frequency Range
Equity Market Index (03Jan1984=100) 49,836.5 Aug 2022 monthly Jan 1985 - Aug 2022
Market Capitalization: % of GDP (%) 12.6 2021 yearly 1985 - 2021
Market Capitalization (USD mn) 63,474.531 Aug 2022 monthly Jan 1985 - Aug 2022
P/E ratio (NA) 107.985 2021 yearly 2014 - 2021
Market Capitalization: Nigeria Stock Exchange (NGN tn) 51.018 May 2022 monthly Jun 2008 - May 2022
Shares Trading: Nigeria Stock Exchange: Volume (Unit bn) 3.920 Jul 2022 monthly Jan 2008 - Jul 2022
Shares Trading: Nigeria Stock Exchange: Value (NGN bn) 78.830 Jun 2022 monthly Jan 2008 - Jun 2022
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 3,750.000 2015 yearly 2005 - 2015
Container Port Throughput (TEU) 1,528,520.000 2020 yearly 2008 - 2020
Liner Shipping Connectivity Index (2004=100) 18.960 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 107,031.000 2020 yearly 1960 - 2020
Number of Subscriber Mobile (Person) 204,228,678.000 2020 yearly 1960 - 2020
Teledensity: Fixed Line (Number) 0.052 2020 yearly 1960 - 2020
Teledensity: Mobile (Number) 99.073 2020 yearly 1960 - 2020
Exports: ICT Goods (USD th) 40,595.838 2021 yearly 2000 - 2021
Exports: Telecommunication Equipment (USD th) 5,476.013 2021 yearly 1995 - 2021
Exports: Television (USD th) 614.891 2021 yearly 1995 - 2021
Imports: ICT Goods (USD th) 1,435,493.494 2021 yearly 2000 - 2021
Imports: Telecommunication Equipment (USD th) 1,742,681.383 2021 yearly 1995 - 2021
Imports: Television (USD th) 455,261.873 2021 yearly 1995 - 2021
Passenger Traffic: Airport (Person) 15,225,627.000 2021 yearly 2003 - 2021

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