Explore our Data

Submit

Nigeria Bank Lending Rate

2006 - 2017 | Monthly | % pa | CEIC

Nigeria’s Bank Lending Rate was reported at 17.86 % pa in Oct 2017. This records a decrease from the previous number of 17.88 % pa for Sep 2017. Nigeria’s Bank Lending Rate data is updated monthly, averaging 16.81 % pa from Jan 2006 to Oct 2017, with 142 observations. The data reached an all-time high of 19.66 % pa in Nov 2009 and a record low of 14.58 % pa in Nov 2008. Nigeria’s Bank Lending Rate data remains active status in CEIC and is generated by CEIC. The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Middle East and Africa. The Central Bank of Nigeria provides monthly weighted average Bank Lending Rate.

CEIC only displays a select group of indicators on our website.
Explore the complete set of 4 million+ time series by registering for a free trial.

What was Nigeria's Bank Lending Rate in Oct 2017?

Last Previous Min Max Unit Frequency Range

17.86

Oct 2017

17.88

Sep 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Oct 2017

Updated on Nov 2017

View Nigeria's Bank Lending Rate from Jan 2006 to Oct 2017 in the chart:

Feed & API Get This Data

Bank Lending Rate: Month Avg: Nigeria

Series Details
Series ID

384174827

Name

Bank Lending Rate: Month Avg: Nigeria

Country

Nigeria

Frequency

Monthly

Unit

% pa

Status

Active

Source

CEIC Generate

First Date

Jan 2006

Last Date

Oct 2017

Last Updated

29 Nov 2017

Statistics
Mean

16.90

Variance

1.05

Standard deviation

1.03

Skewness

0.63

Kurtosis

0.75

Coefficient variation

0.06

Median

16.81

Max
Nov 2009

19.66

Min
Nov 2008

14.58

Previous observation
Sep 2017

17.88

Last observation
Oct 2017

17.86

Number of Observations

142

Get This Data

More Countries for Bank Lending Rate

Country Last Previous Min Max Unit Frequency Range
Albania

6.02

Aug 2017

7.06

Jul 2017

1.00

Dec 1991

43.00

Nov 1997

% pa

monthly

Dec 1986 - Aug 2017

Updated on Nov 2017
Algeria

8.00

May 2017

8.00

Apr 2017

8.00

May 2017

19.00

Dec 1996

% pa

monthly

Jan 1994 - May 2017

Updated on Jun 2017
Armenia

13.17

Oct 2017

12.05

Sep 2017

12.05

Sep 2017

139.64

Apr 1995

% pa

monthly

Apr 1995 - Oct 2017

Updated on Nov 2017
Austria

1.75

Oct 2017

1.77

Sep 2017

1.73

Jun 2017

7.08

Nov 2000

% pa

monthly

Dec 1995 - Oct 2017

Updated on Dec 2017
Azerbaijan

13.00

Sep 2017

13.00

Aug 2017

12.05

Dec 2016

18.75

Jan 2009

% pa

monthly

Dec 2002 - Sep 2017

Updated on Nov 2017
Bangladesh

9.56

Jun 2017

9.66

May 2017

9.56

Jun 2017

16.00

Nov 1991

% pa

monthly

Jan 1976 - Jun 2017

Updated on Nov 2017
Belarus

11.30

Oct 2017

11.40

Sep 2017

10.50

Mar 2008

51.20

Jan 2012

% pa

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Belgium

1.65

Oct 2017

1.67

Sep 2017

1.65

Oct 2017

6.02

Oct 2008

% pa

monthly

Jan 2003 - Oct 2017

Updated on Dec 2017
Bolivia

7.84

Oct 2017

7.26

Sep 2017

6.95

Dec 2015

26.79

May 2003

% pa

monthly

Jan 2001 - Oct 2017

Updated on Nov 2017
Bosnia and Herzegovina

5.15

Sep 2017

5.45

Aug 2017

5.15

Sep 2017

8.70

May 2012

% pa

monthly

Jan 2012 - Sep 2017

Updated on Nov 2017
Botswana

7.00

Sep 2017

7.00

Aug 2017

7.00

Sep 2017

17.00

Nov 2008

% pa

monthly

Jan 2003 - Sep 2017

Updated on Nov 2017
Brunei

5.50

08 Dec 2017

5.50

07 Dec 2017

5.50

08 Dec 2017

5.50

08 Dec 2017

% pa

daily

01 Feb 2007 - 08 Dec 2017

Updated on 08 Dec 2017
Bulgaria

5.47

Sep 2017

5.47

Aug 2017

5.47

Aug 2017

1,162.10

Oct 1996

% pa

monthly

Jan 1992 - Sep 2017

Updated on Nov 2017
Canada

3.20

Nov 2017

3.20

Oct 2017

2.25

May 2010

22.75

Aug 1981

% pa

monthly

Jan 1935 - Nov 2017

Updated on Nov 2017
China

4.35

08 Dec 2017

4.35

07 Dec 2017

4.35

08 Dec 2017

12.24

30 Apr 1996

% pa

daily

01 Sep 1988 - 08 Dec 2017

Updated on 08 Dec 2017
Colombia

13.05

Oct 2017

12.69

Sep 2017

8.69

Dec 2010

50.49

Jun 1998

% pa

monthly

Mar 1998 - Oct 2017

Updated on Nov 2017
Czech Republic

2.25

Oct 2017

1.98

Sep 2017

1.58

Aug 2016

5.24

Jun 2008

% pa

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Denmark

1.31

Oct 2017

0.92

Sep 2017

0.58

Aug 2017

6.37

Nov 2008

% pa

monthly

Jan 2003 - Oct 2017

Updated on Nov 2017
Ecuador

7.83

Dec 2017

7.79

Nov 2017

7.31

Mar 2015

13.18

Feb 2004

% pa

monthly

Jan 2004 - Dec 2017

Updated on Dec 2017
Egypt

19.60

Oct 2017

19.60

Sep 2017

8.00

Feb 1977

21.15

Nov 1991

% pa

monthly

Jan 1976 - Oct 2017

Updated on Nov 2017
Estonia

2.60

Oct 2017

2.03

Sep 2017

2.03

Sep 2017

12.13

Feb 1999

% pa

monthly

Jan 1999 - Oct 2017

Updated on Nov 2017
France

1.55

Oct 2017

1.60

Sep 2017

1.53

Jul 2017

5.63

Sep 2008

% pa

monthly

Jan 2003 - Oct 2017

Updated on Dec 2017
Georgia

16.62

Oct 2017

16.63

Sep 2017

12.68

Dec 2016

25.04

Jan 2009

% pa

monthly

Jun 2002 - Oct 2017

Updated on Nov 2017
Germany

2.48

Oct 2017

2.50

Sep 2017

2.39

Aug 2017

6.55

Dec 2007

% pa

monthly

Jan 2003 - Oct 2017

Updated on Dec 2017
Hong Kong

5.00

08 Dec 2017

5.00

07 Dec 2017

5.00

08 Dec 2017

20.00

08 Nov 1981

% pa

daily

01 Jan 1981 - 08 Dec 2017

Updated on 08 Dec 2017
Hungary

1.90

Sep 2017

1.39

Aug 2017

1.01

Jan 2017

36.20

Sep 1991

% pa

monthly

Sep 1988 - Sep 2017

Updated on Nov 2017
Iceland

6.99

Oct 2017

7.13

Sep 2017

6.91

Dec 2014

47.00

Aug 1983

% pa

monthly

Nov 1982 - Oct 2017

Updated on Nov 2017
Indonesia

10.94

Oct 2017

10.99

Sep 2017

10.94

Oct 2017

35.72

Sep 1998

% pa

monthly

Jun 1993 - Oct 2017

Updated on Nov 2017
Italy

1.39

Sep 2017

1.59

Aug 2017

1.39

Sep 2017

11.26

Aug 1995

% pa

monthly

Jan 1995 - Sep 2017

Updated on Nov 2017
Japan

1.48

Nov 2017

1.48

Oct 2017

1.38

Jul 2006

9.25

Jul 1980

% pa

monthly

Jan 1971 - Nov 2017

Updated on Nov 2017
Jordan

8.65

Sep 2017

8.48

Aug 2017

7.42

May 2005

13.04

Feb 1999

% pa

monthly

Jan 1999 - Sep 2017

Updated on Oct 2017
Kazakhstan

14.30

Oct 2017

14.00

Sep 2017

11.40

Dec 2011

20.70

Jan 2016

% pa

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Kenya

13.65

Aug 2017

13.70

Jul 2017

11.97

Nov 2004

32.28

Apr 1994

% pa

monthly

Jul 1991 - Aug 2017

Updated on Nov 2017
Kosovo

6.57

Apr 2017

7.04

Mar 2017

6.57

Apr 2017

16.14

Mar 2008

% pa

monthly

Jun 2004 - Apr 2017

Updated on Aug 2017
Kuwait

4.75

Oct 2017

4.74

Sep 2017

4.33

Nov 2015

9.72

Aug 1982

% pa

monthly

Apr 1979 - Oct 2017

Updated on Dec 2017
Kyrgyzstan

18.29

Jun 2017

19.37

May 2017

11.42

Oct 2006

80.30

May 1997

% pa

monthly

Jan 1996 - Jun 2017

Updated on Nov 2017
Latvia

3.39

Oct 2017

3.47

Sep 2017

3.39

Oct 2017

9.37

Dec 2008

% pa

monthly

Jan 2004 - Oct 2017

Updated on Dec 2017
Lebanon

8.31

Sep 2017

8.10

Aug 2017

6.89

Aug 2015

51.13

Sep 1992

% pa

monthly

Mar 1972 - Sep 2017

Updated on Nov 2017
Lithuania

3.05

Oct 2017

2.80

Sep 2017

2.34

May 2017

3.42

Jan 2015

% pa

monthly

Jan 2015 - Oct 2017

Updated on Nov 2017
Luxembourg

1.76

Sep 2017

1.77

Aug 2017

1.52

Oct 2015

6.24

Oct 2008

% pa

monthly

Jan 2003 - Sep 2017

Updated on Nov 2017
Macau

5.25

Oct 2017

5.25

Sep 2017

5.25

Oct 2017

5.25

Oct 2017

% pa

monthly

Sep 2008 - Oct 2017

Updated on Dec 2017
Macedonia

6.13

Sep 2017

6.16

Aug 2017

6.13

Sep 2017

12.40

Oct 2005

% pa

monthly

Jan 2005 - Sep 2017

Updated on Nov 2017
Malawi

27.95

Aug 2017

28.18

Jul 2017

16.50

Mar 1985

65.00

Apr 2001

% pa

monthly

Jan 1980 - Aug 2017

Updated on Nov 2017
Malta

3.60

Oct 2017

3.63

Sep 2017

3.60

Oct 2017

8.09

Jan 1999

% pa

monthly

Jan 1999 - Oct 2017

Updated on Nov 2017
Mauritius

6.15

Oct 2017

6.28

Sep 2017

6.15

Oct 2017

14.39

Oct 1999

% pa

monthly

Dec 1997 - Oct 2017

Updated on Nov 2017
Mexico

7.48

Sep 2017

7.47

Aug 2017

3.19

Nov 2014

91.97

Apr 1995

% pa

monthly

Sep 1993 - Sep 2017

Updated on Nov 2017
Moldova

10.00

Oct 2017

9.96

Sep 2017

9.76

Aug 2017

35.71

May 2000

% pa

monthly

Jan 2000 - Oct 2017

Updated on Nov 2017
Mongolia

19.90

Oct 2017

19.90

Sep 2017

15.50

Jan 2012

50.60

Nov 1998

% pa

monthly

Feb 1998 - Oct 2017

Updated on Nov 2017
Montenegro

7.06

Jun 2017

7.09

May 2017

7.06

Jun 2017

12.57

Sep 2005

% pa

monthly

Sep 2005 - Jun 2017

Updated on Sep 2017
Myanmar

13.00

Oct 2017

13.00

Sep 2017

6.00

Oct 1977

17.00

Aug 2011

% pa

monthly

Apr 1975 - Oct 2017

Updated on Nov 2017
Nigeria

17.86

Oct 2017

17.88

Sep 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Oct 2017

Updated on Nov 2017
Oman

5.19

Sep 2017

5.16

Aug 2017

4.75

Mar 2016

10.80

Aug 1999

% pa

monthly

Dec 1984 - Sep 2017

Updated on Nov 2017
Panama

4.25

Oct 2017

4.25

Sep 2017

3.25

Dec 2015

9.50

Aug 2004

% pa

monthly

Dec 1999 - Oct 2017

Updated on Dec 2017
Paraguay

14.91

Oct 2017

14.19

Sep 2017

8.57

Aug 2007

21.50

Feb 2013

% pa

monthly

Aug 2007 - Oct 2017

Updated on Nov 2017
Peru

16.10

Nov 2017

16.40

Oct 2017

15.53

Apr 2014

13,951.52

Aug 1990

% pa

monthly

Aug 1985 - Nov 2017

Updated on Dec 2017
Philippines

5.61

Sep 2017

5.69

Aug 2017

5.10

Feb 2015

39.73

Dec 1984

% pa

monthly

Jan 1976 - Sep 2017

Updated on Oct 2017
Poland

3.72

Oct 2017

3.83

Sep 2017

3.27

Mar 2015

8.42

Nov 2008

% pa

monthly

Jan 2005 - Oct 2017

Updated on Nov 2017
Qatar

5.02

Oct 2017

4.94

Sep 2017

3.68

Oct 2015

7.90

Jan 2008

% pa

monthly

Jul 2004 - Oct 2017

Updated on Nov 2017
Romania

4.56

Oct 2017

3.91

Sep 2017

3.51

Sep 2016

21.19

Jan 2009

% pa

monthly

Dec 2005 - Oct 2017

Updated on Nov 2017
Russia

10.03

Sep 2017

10.41

Aug 2017

7.90

Aug 2011

179.70

Feb 1995

% pa

monthly

Jan 1995 - Sep 2017

Updated on Nov 2017
Singapore

5.28

Nov 2017

5.28

Oct 2017

5.28

Nov 2017

14.98

Oct 1981

% pa

monthly

Jan 1980 - Nov 2017

Updated on Dec 2017
Slovakia

2.27

Oct 2017

2.05

Sep 2017

1.68

Oct 2016

3.80

Aug 2009

% pa

monthly

Jan 2009 - Oct 2017

Updated on Nov 2017
South Africa

10.25

08 Dec 2017

10.25

07 Dec 2017

4.50

16 Oct 1949

25.50

18 Oct 1998

% pa

daily

31 Dec 1948 - 08 Dec 2017

Updated on 08 Dec 2017
South Korea

3.46

Oct 2017

3.46

Sep 2017

3.23

Aug 2016

17.01

Jan 1998

% pa

monthly

Jan 1996 - Oct 2017

Updated on Nov 2017
Sri Lanka

11.43

Nov 2017

11.32

Oct 2017

6.35

Dec 2014

22.86

Feb 2001

% pa

monthly

Jun 1989 - Nov 2017

Updated on Nov 2017
Sweden

0.25

10 Dec 2017

0.25

09 Dec 2017

0.25

10 Dec 2017

9.50

27 Feb 1996

% pa

daily

01 Jun 1994 - 10 Dec 2017

Updated on 08 Dec 2017
Taiwan

2.63

Nov 2017

2.63

Oct 2017

2.56

Dec 2009

16.50

Aug 1974

% pa

monthly

Jul 1961 - Nov 2017

Updated on Nov 2017
Tajikistan

31.72

Oct 2017

30.47

Sep 2017

13.10

May 2002

32.53

May 2017

% pa

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Thailand

6.32

Oct 2017

6.32

Sep 2017

5.63

Jun 2005

17.00

Oct 1984

% pa

monthly

Jan 1983 - Oct 2017

Updated on Nov 2017
Ukraine

15.90

Oct 2017

15.81

Sep 2017

13.88

Aug 2010

27.20

Feb 2009

% pa

monthly

Dec 2005 - Oct 2017

Updated on Nov 2017
United States

4.25

06 Dec 2017

4.25

05 Dec 2017

3.25

16 Dec 2015

21.50

01 Jan 1981

% pa

daily

01 Jan 1980 - 06 Dec 2017

Updated on 07 Dec 2017
Uruguay

19.90

Oct 2017

22.33

Sep 2017

14.24

Sep 2007

169.99

Oct 2002

% pa

monthly

Jan 1998 - Oct 2017

Updated on Nov 2017

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Government Debt: % of GDP

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 2017
Business Confidence: Net Balance

-17.6

Sep 2017

-7.4

Jun 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment

891.3

Jun 2017

853.9

Mar 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Imports Growth

-0.4

Aug 2017

20.4

Jul 2017

-66.4

Feb 1986

114.0

Jan 2011

%

monthly

Jan 1982 - Aug 2017

Updated on Nov 2017
Money Supply M2

73,742.58

Oct 2017

71,889.13

Sep 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Forecast: Government Revenue

17,506.73

2022

14,722.87

2021

1,986.95

2000

17,506.73

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2017
Natural Gas: Exports

25,146.50

2016

26,703.50

2015

740.00

1999

28,266.00

2012

Cub m mn

yearly

1999 - 2016

Updated on 2017
Real GDP Growth

1.4

Sep 2017

0.7

Jun 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Labour Productivity Growth

1.88

Dec 2016

0.69

Sep 2016

-3.51

Jun 2013

9.90

Dec 2014

%

quarterly

Mar 2013 - Dec 2016

Updated on Jun 2017
Domestic Credit Growth

1.8

Oct 2017

2.8

Sep 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Oct 2017

Updated on Nov 2017
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Total Imports

2,769.2

Aug 2017

2,857.9

Jul 2017

230.8

Feb 1986

6,404.8

Apr 2011

USD mn

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
CPI: Food and Non Alcoholic Beverage Change

20.24

Oct 2017

20.25

Sep 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Forecast: Nominal GDP Per Capita

2,929.74

2022

2,901.87

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017
Public Consumption: % of GDP

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 2017
Equity Market Index

37,944.6

Nov 2017

36,680.3

Oct 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Nov 2017

Updated on Nov 2017
Domestic Credit

89,061.6

Oct 2017

88,364.3

Sep 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017
Visitor Arrivals

1,255,000

2015

600,000

2013

486,000

2012

1,555,000

2010

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

12.72

Oct 2017

12.72

Sep 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Oct 2017

Updated on Nov 2017
Forecast: Government Expenditure

26,862.74

2022

22,847.78

2021

1,706.56

2000

26,862.74

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Motor Vehicle Sales: Commercial Cars

3,800.00

Dec 2016

1,900.00

Jun 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Crude Oil: Production

1,738.00

Oct 2017

1,792.00

Sep 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Short Term Interest Rate

20.18

Nov 2017

21.54

Oct 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Nov 2017

Updated on Dec 2017
Gold Reserves

0.06

Sep 2017

0.06

Aug 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Sep 2017

Updated on Nov 2017
Forecast: Government Net Debt

65,175.03

2022

54,961.19

2021

358.18

1990

65,175.03

2022

NGN bn

yearly

1990 - 2022

Updated on 2017
Motor Vehicle Sales: Passenger Cars

19,200.00

Dec 2016

6,900.00

Jun 2016

6,900.00

Jun 2016

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

9.5

Sep 2017

14.0

Jun 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Direct Investment Abroad

313.7

Jun 2017

328.7

Mar 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports

3,595.6

Aug 2017

3,694.3

Jul 2017

322.9

Oct 1986

11,709.9

Aug 2011

USD mn

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
Consumer Confidence: Net Balance

34.8

Sep 2017

34.2

Jun 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Sep 2017

Updated on Oct 2017
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 2017
Trade Balance

492.5

Jun 2017

798.4

May 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
Forecast: GDP PPP Per Capita

6,242.81

2022

6,185.37

2021

2,026.44

1991

6,242.81

2022

PPP Intl $

yearly

1990 - 2022

Updated on 2017
Consumer Confidence Growth

2.7

Sep 2017

0.7

Jun 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Sep 2017

Updated on Oct 2017
Exchange Rate against USD

305.405

Nov 2017

305.124

Oct 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Nov 2017

Updated on Nov 2017
Foreign Exchange Reserves

34,945.6

Nov 2017

33,786.2

Oct 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Nov 2017

Updated on Dec 2017
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 2017
Consumer Price Index CPI Growth

15.9

Oct 2017

16.0

Sep 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Oct 2017

Updated on Nov 2017
External Debt

15,352.1

Sep 2017

15,047.0

Jun 2017

3,287.7

Mar 2007

15,352.1

Sep 2017

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Real Effective Exchange Rate

126.5

Oct 2017

123.7

Sep 2017

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Oct 2017

Updated on Nov 2017
Gross National Product

396,373.09

2016

470,329.01

2015

4,173.70

1960

548,655.75

2014

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2017
Labour Force Participation Rate

56.5

2017

56.4

2016

54.8

2004

57.0

1990

%

yearly

1990 - 2017

Updated on 2017
Current Account Balance: % of GDP

1.6

Jun 2017

3.2

Mar 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
M2 Growth

4.8

Apr/2017

7.6

Mar/2017

-2.2

Nov/2013

100.1

Mar/2008

%

monthly

Nov/1993 - Apr/2017

Updated on May/2017
Reserve Requirement Ratio

22.5

Nov 2017

22.5

Oct 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Nov 2017

Updated on Nov 2017
Private Consumption Expenditure

78,377.21

Dec 2016

75,468.96

Sep 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on Oct 2017
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2017
Business Confidence Growth

6.7

Sep 2017

-0.4

Jun 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment: % of GDP

1.0

Jun 2017

1.0

Mar 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Jun 2017

Updated on Nov 2017
Policy Rate

14.00

Nov 2017

14.00

Oct 2017

6.00

Aug 2010

14.00

Nov 2017

% pa

monthly

Dec 2006 - Nov 2017

Updated on Nov 2017
Gross Fixed Capital Formation

12,518.55

Dec 2016

11,053.34

Sep 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on Oct 2017
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 2017
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

-1.1

Mar 2017

-8.7

Dec 2016

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on Nov 2017
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

52,576,233.00

Dec 2016

53,554,109.00

Sep 2016

50,198,600.00

Jun 2012

57,270,900.00

Dec 2013

Person

quarterly

Mar 2012 - Dec 2016

Updated on Jun 2017
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

Updated on 2017
Forecast: Consumer Price Index Growth

14.50

2022

14.50

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017
Imports: Telecommunication Equipment

1,472,076.43

2016

1,678,702.84

2015

122,369.76

2000

2,587,404.96

2008

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Television

233,037.11

2016

291,353.60

2015

18,501.00

2004

515,894.12

2014

USD th

yearly

1995 - 2016

Updated on 2017
Number of Subscriber Mobile

154,342,168.00

2016

150,830,089.00

2015

0.00

1992

154,342,168.00

2016

Person

yearly

1960 - 2016

Updated on 2017
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Medicament

206,780.69

2016

253,802.12

2015

26,577.00

2004

364,249.10

2014

USD th

yearly

1995 - 2016

Updated on 2017
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2017
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2017
Total Deposits

115,177.95

2014

108,027.98

2013

8,990.28

2001

115,177.95

2014

USD mn

yearly

2001 - 2014

Updated on 2017
Imports: ICT Goods

1,821,759.16

2014

1,599,075.80

2013

142,895.81

2000

2,928,318.22

2010

USD th

yearly

2000 - 2014

Updated on 2016
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
Number of Subscriber Fixed Line

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2017
Teledensity: Mobile

81.82

2016

82.19

2015

0.00

1992

82.19

2015

Number

yearly

1960 - 2016

Updated on 2017
Natural Gas Production: OPEC: Marketed Production

42,562.40

2016

45,148.10

2015

4,844.00

1995

45,148.10

2015

Cub m mn

yearly

1995 - 2016

Updated on 2017
Imports: Medicinal and Pharmaceutical Product

62,172.38

2016

72,309.87

2015

2,093.71

1996

102,212.69

2014

USD th

yearly

1995 - 2016

Updated on 2017
Minerals Production

147,959,459.00

2015

145,160,994.00

2014

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2015

Updated on 2017
National Government Debt

56,280.9

Sep 2017

54,466.3

Jun 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Nominal GDP

96,465.1

Sep 2017

88,546.0

Jun 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Sep 2017

Updated on Nov 2017
Current Account Balance

1,414.2

Jun 2017

2,733.2

Mar 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Electricity Production

7,560

Mar 2017

6,913

Dec 2016

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Mar 2017

Updated on Jul 2017
Liquid Assets Ratio

21.4

May 2017

23.3

Mar 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - May 2017

Updated on Jul 2017
Motor Vehicles Sales

23,000

2016

20,000

2015

12,000

2008

53,900

2014

Unit

yearly

2005 - 2016

Updated on 2017
Foreign Exchange Reserves: Months of Import

11.5

Aug 2017

10.8

Jul 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
Foreign Portfolio Investment

1,484.30

Jun 2017

1,438.47

Mar 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports Growth

18.0

Aug 2017

4.1

Jul 2017

-74.9

Oct 1986

207.2

Feb 2000

%

monthly

Jan 1982 - Aug 2017

Updated on Nov 2017
Tourism Revenue Growth

-21.8

2015

-2.4

2014

-77.3

2003

184.6

2008

%

yearly

1996 - 2015

Updated on 2017
Nominal GDP Growth

10.98

Sep 2017

14.79

Jun 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Public Consumption Expenditure

5,034.87

Dec 2016

4,561.36

Sep 2016

4,561.36

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on Oct 2017
Money Supply M1

34,061.79

Oct 2017

32,955.74

Sep 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Foreign Exchange Reserves: % of GDP

8.88

Sep 2017

8.49

Jun 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Sep 2017

Updated on Nov 2017
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

Updated on 2017
Exports: ICT Goods

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2016