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Nigeria Consolidated Fiscal Balance: % of GDP

2005 - 2016 | Yearly | % | CEIC

Nigeria's Consolidated Fiscal Balance recorded a deficit equal to 2.2 % of its Nominal GDP in Dec 2016, compared with a deficit equal to 1.6 % in the previous year. Nigeria's Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2005 to Dec 2016, with an average ratio of -1.5 %. The data reached an all-time high of -0.0 % in Dec 2006 and a record low of -2.2 % in Dec 2010. CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from quarterly Consolidated Fiscal Balance and annual Nominal GDP. The Central Bank of Nigeria provides Consolidated Fiscal Balance in local currency. The National Bureau of Statistics of the Federal Republic of Nigeria provides Nominal GDP in local currency, at basic prices.

In the latest reports, Nigeria's National Government Debt reached 56.3 USD bn in Sep 2017. Nigeria's Nominal GDP reached 96.5 USD bn in Sep 2017.

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What was Nigeria's Consolidated Fiscal Balance: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range

-2.2

2016

-1.6

2015

-2.2

2010

-0.0

2006

%

yearly

2005 - 2016

Updated on 2018

View Nigeria's Consolidated Fiscal Balance: % of GDP from 2005 to 2016 in the chart:

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Consolidated Fiscal Balance: % of Nominal GDP: Nigeria

Series Details
Series ID

357401247

Name

Consolidated Fiscal Balance: % of Nominal GDP: Nigeria

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

CEIC Generate

First Date

2005

Last Date

2016

Last Updated

21 Feb 2018

Statistics
Mean

-1.26

Variance

0.54

Standard deviation

0.73

Skewness

0.36

Kurtosis

-1.19

Coefficient variation

-0.58

Median

-1.49

Max
2006

-0.00

Min
2010

-2.20

Previous observation
2015

-1.57

Last observation
2016

-2.16

Number of Observations

12

Get This Data

More Countries for Consolidated Fiscal Balance: % of GDP

Country Last Previous Min Max Unit Frequency Range
United States

-3.5

2017

-3.2

2016

-9.8

2009

4.4

1948

%

yearly

1948 - 2017

Updated on 2018
Canada

-0.9

2017

-0.0

2016

-7.9

1985

1.8

2001

%

yearly

1962 - 2017

Updated on 2018
France

0.8

2016

0.6

2015

-1.8

2009

7.1

1964

%

yearly

1959 - 2016

Updated on 2018
Germany

1.2

2017

0.8

2016

-9.4

1995

1.2

2017

%

yearly

1991 - 2017

Updated on 2018
Italy

-2.5

2016

-2.6

2015

-7.3

1995

-1.3

2000

%

yearly

1995 - 2016

Updated on 2018
Japan

-6.2

2018

-7.3

2017

-11.0

2010

-3.5

1998

%

yearly

1996 - 2018

Updated on 2017
United Kingdom

-3.0

2016

-4.3

2015

-10.1

2009

1.4

2000

%

yearly

1990 - 2016

Updated on 2018
Austria

-1.6

2016

-1.0

2015

-6.2

2003

-0.6

2001

%

yearly

1995 - 2016

Updated on 2017
Belgium

-2.6

2016

-2.5

2015

-15.9

1981

0.2

2006

%

yearly

1970 - 2016

Updated on 2018
Bulgaria

-0.0

2016

-1.6

2015

-9.9

1996

1.8

2006

%

yearly

1995 - 2016

Updated on 2018
Cyprus

0.5

2016

-1.2

2015

-8.8

2014

3.2

2007

%

yearly

1995 - 2016

Updated on 2018
Czech Republic

0.7

2016

-0.6

2015

-12.4

1995

0.7

2016

%

yearly

1995 - 2016

Updated on 2017
Denmark

-0.4

2016

-1.5

2015

-9.5

1982

5.0

2007

%

yearly

1971 - 2016

Updated on 2018
Estonia

-0.3

2016

0.1

2015

-3.3

1999

2.9

2006

%

yearly

1995 - 2016

Updated on 2018
Finland

-1.7

2016

-2.7

2015

-8.1

1993

7.7

1976

%

yearly

1975 - 2016

Updated on 2017
Greece

-0.4

Nov 2017

0.1

Oct 2017

-13.3

Dec 2009

0.6

Feb 2016

%

monthly

Apr 1999 - Nov 2017

Updated on Jan 2018
Hungary

-1.7

2016

-1.6

2015

-9.3

2006

-1.6

2015

%

yearly

1995 - 2016

Updated on 2017
Iceland

0.5

Sep 2017

0.5

Jun 2017

-13.3

Dec 2008

15.3

Mar 2016

%

quarterly

Mar 2004 - Sep 2017

Updated on Dec 2017
Ireland

-0.7

2016

-1.9

2015

-32.1

2010

4.9

2000

%

yearly

1991 - 2016

Updated on 2017
Latvia

0.0

2016

-1.2

2015

-9.1

2009

1.4

1997

%

yearly

1995 - 2016

Updated on 2017
Lithuania

0.3

2016

-0.2

2015

-11.8

1997

0.3

2016

%

yearly

1995 - 2016

Updated on 2018
Argentina

-5.9

2016

-5.2

2015

-5.9

2016

2.4

2004

%

yearly

2004 - 2016

Updated on 2018
Luxembourg

1.6

2016

1.4

2015

-1.3

2004

5.9

2001

%

yearly

1995 - 2016

Updated on 2018
Malta

1.1

2016

-1.1

2015

-9.3

1998

1.1

2016

%

yearly

1995 - 2016

Updated on 2018
Bolivia

-3.0

2016

-4.5

2015

-8.9

2002

3.5

2006

%

yearly

1990 - 2016

Updated on 2018
Netherlands

1.2

Sep 2017

1.1

Jun 2017

-5.6

Sep 2010

1.9

Dec 2000

%

quarterly

Dec 1999 - Sep 2017

Updated on Dec 2017
Norway

4.0

2016

6.1

2015

-1.9

1992

18.7

2008

%

yearly

1978 - 2016

Updated on 2018
Brazil

-7.7

2016

-9.1

2015

-9.1

2015

0.3

1997

%

yearly

1997 - 2016

Updated on 2018
Poland

-2.5

2016

-2.6

2015

-7.3

2010

-1.9

2007

%

yearly

1995 - 2016

Updated on 2017
Chile

-2.7

2016

-2.1

2015

-4.2

2009

7.9

2007

%

yearly

1990 - 2016

Updated on 2018
Portugal

-2.0

2016

-4.4

2015

-11.2

2010

-2.0

2016

%

yearly

1995 - 2016

Updated on 2017
Colombia

-2.1

2016

-3.1

2015

-3.6

2001

1.2

2012

%

yearly

2000 - 2016

Updated on 2018
Romania

-3.0

2016

-0.8

2015

-9.5

2009

-0.8

2015

%

yearly

1995 - 2016

Updated on 2018
Slovakia

-2.2

2016

-2.7

2015

-12.0

2000

-1.9

2007

%

yearly

1995 - 2016

Updated on 2017
Slovenia

-1.5

2016

-2.6

2015

-15.1

2013

-0.1

2007

%

yearly

1995 - 2016

Updated on 2017
Ecuador

-7.4

2016

-5.1

2015

-7.4

2016

2.9

2006

%

yearly

2000 - 2016

Updated on 2018
Mexico

-2.5

2016

-3.4

2015

-14.7

1982

4.1

1992

%

yearly

1980 - 2016

Updated on 2018
Spain

-4.7

2016

-5.1

2015

-11.0

2009

2.2

2006

%

yearly

1995 - 2016

Updated on 2017
Panama

-1.8

2016

-2.2

2015

-4.9

2004

3.3

2007

%

yearly

2003 - 2016

Updated on 2018
Sweden

0.9

2016

0.3

2015

-7.0

1995

3.3

2007

%

yearly

1995 - 2016

Updated on 2018
Paraguay

1.5

2016

0.9

2015

0.7

2013

4.2

2004

%

yearly

2003 - 2016

Updated on 2018
Switzerland

0.3

2016

0.6

2015

-3.2

1993

1.9

2008

%

yearly

1990 - 2016

Updated on 2018
Peru

-2.3

2016

-2.1

2015

-8.0

1990

2.9

2007

%

yearly

1990 - 2016

Updated on 2018
Uruguay

-3.9

2016

-3.6

2015

-3.9

2016

-0.0

2007

%

yearly

1999 - 2016

Updated on 2018
Venezuela

-4.9

2012

-4.0

2011

-5.0

2009

3.0

2007

%

yearly

1998 - 2012

Updated on 2018
Algeria

-13.7

2016

-15.7

2015

-15.7

2015

13.6

2006

%

yearly

1994 - 2016

Updated on 2018
Australia

-2.4

2017

-2.8

2016

-5.3

2010

2.0

2000

%

yearly

2000 - 2017

Updated on 2018
Bangladesh

-4.8

2017

-3.7

2016

-4.8

2017

-2.8

2010

%

yearly

2006 - 2017

Updated on 2018
Cambodia

0.4

2016

-2.7

2015

-7.7

2011

0.4

2016

%

yearly

2007 - 2016

Updated on 2018
Bahrain

-5.0

2014

-5.5

2013

-8.4

2009

5.1

2005

%

yearly

1998 - 2014

Updated on 2015
China

-3.7

2017

-2.9

2016

-4.9

1960

1.6

1962

%

yearly

1952 - 2017

Updated on 2018
Botswana

0.2

2017

-4.7

2016

-12.4

2010

12.6

2007

%

yearly

1995 - 2017

Updated on 2018
Hong Kong

4.4

2017

0.6

2016

-4.8

2002

7.3

2008

%

yearly

1982 - 2017

Updated on 2018
India

-3.5

2017

-3.9

2016

-6.5

2010

-2.5

2008

%

yearly

1998 - 2017

Updated on 2018
Israel

-1.8

2017

-1.9

2016

-4.1

2009

0.7

2007

%

yearly

1999 - 2017

Updated on 2018
Indonesia

-2.5

2016

-2.6

2015

-2.6

2015

-0.1

2008

%

yearly

2000 - 2016

Updated on 2018
Jordan

-0.4

2016

0.2

2015

-6.7

2009

2.0

2014

%

yearly

1999 - 2016

Updated on 2018
South Korea

1.0

2016

-0.0

2015

-4.5

1972

3.6

2007

%

yearly

1970 - 2016

Updated on 2018
Malawi

-0.4

Aug 2017

-0.6

Jul 2017

-34.4

Aug 2016

23.9

Jun 2015

%

monthly

Apr 2005 - Aug 2017

Updated on Nov 2017
Malaysia

-5.4

2016

-7.8

2015

-21.0

1981

6.2

1997

%

yearly

1970 - 2016

Updated on 2018
Laos

-3.7

2015

-2.2

2014

-4.7

2013

-0.7

2012

%

yearly

2006 - 2015

Updated on 2018
Macau

11.4

2016

13.7

2015

-0.6

1999

27.0

2013

%

yearly

1996 - 2016

Updated on 2018
Myanmar

-1.2

2015

-1.3

2014

-8.4

2001

2.7

2013

%

yearly

1986 - 2015

Updated on 2018
Nepal

-4.8

2017

-2.2

2016

-4.8

2017

-0.7

2014

%

yearly

2012 - 2017

Updated on 2018
New Zealand

1.5

2017

0.7

2016

-8.9

2011

7.0

2006

%

yearly

2002 - 2017

Updated on 2018
Pakistan

-5.8

2017

-4.6

2016

-8.2

2013

-2.1

2004

%

yearly

2000 - 2017

Updated on 2018
Philippines

-2.4

2016

-0.9

2015

-5.0

2002

0.9

1994

%

yearly

1985 - 2016

Updated on 2018
Singapore

3.2

2017

2.6

2016

-0.2

2010

10.2

2008

%

yearly

2006 - 2017

Updated on 2018
Sri Lanka

-5.4

2016

-7.6

2015

-9.9

2009

-5.1

1992

%

yearly

1990 - 2016

Updated on 2018
Taiwan

1.8

2016

1.3

2015

-2.1

2001

6.9

1989

%

yearly

1981 - 2016

Updated on 2018
Thailand

0.7

2017

-2.1

2016

-2.1

2016

1.5

2015

%

yearly

2002 - 2017

Updated on 2018
Vietnam

-6.3

2014

-6.6

2013

-6.7

1990

-1.6

1994

%

yearly

1990 - 2014

Updated on 2018
Albania

-1.8

2016

-4.1

2015

-12.7

1997

-1.8

2016

%

yearly

1997 - 2016

Updated on 2018
Armenia

-5.5

2016

-4.8

2015

-7.5

2009

-0.7

2008

%

yearly

1999 - 2016

Updated on 2018
Azerbaijan

-1.6

Dec 2017

-1.1

Nov 2017

-4.9

Apr 2015

40.6

Jan 2009

%

monthly

Jan 2005 - Dec 2017

Updated on Feb 2018
Belarus

1.3

2016

1.8

2015

-2.6

2010

2.2

2011

%

yearly

2003 - 2016

Updated on 2018
Bosnia and Herzegovina

1.2

2016

0.7

2015

-4.3

2009

2.7

2006

%

yearly

2003 - 2016

Updated on 2018
Croatia

-0.9

2016

-3.3

2015

-7.8

2011

-0.9

2016

%

yearly

2002 - 2016

Updated on 2017
Georgia

-1.4

2016

-1.1

2015

-6.5

2009

2.7

2006

%

yearly

2002 - 2016

Updated on 2018
Kazakhstan

-4.3

2017

-4.4

2016

-4.4

2016

11.0

2014

%

yearly

2007 - 2017

Updated on 2018
Kyrgyzstan

-3.2

Dec 2017

-2.3

Nov 2017

-6.6

Jun 2016

22.0

Jan 2008

%

monthly

Jan 2007 - Dec 2017

Updated on Feb 2018
Macedonia

-2.6

2016

-3.4

2015

-13.4

1993

2.4

2000

%

yearly

1993 - 2016

Updated on 2018
Moldova

-2.2

2015

-1.7

2014

-6.1

2009

1.6

2003

%

yearly

1998 - 2015

Updated on 2018
Mongolia

-6.4

2017

-15.3

2016

-15.3

2016

0.4

2010

%

yearly

2010 - 2017

Updated on 2018
Mauritius

-1.7

2016

-1.8

2015

-3.2

2013

-0.5

2012

%

yearly

2010 - 2016

Updated on 2018
Montenegro

-3.3

2016

-8.0

2015

-8.0

2015

7.2

2007

%

yearly

2003 - 2016

Updated on 2018
Russia

-1.5

2017

-3.7

2016

-9.5

1994

8.4

2006

%

yearly

1993 - 2017

Updated on 2018
Serbia

1.2

2017

-1.3

2016

-6.8

2012

1.2

2017

%

yearly

2001 - 2017

Updated on 2018
Tajikistan

0.2

2016

0.6

2015

-8.1

2007

2.7

2014

%

yearly

2000 - 2016

Updated on 2018
Turkey

-1.3

2016

-1.1

2015

-5.3

2009

-0.7

2006

%

yearly

2006 - 2016

Updated on 2018
Ukraine

-2.3

2016

-1.6

2015

-13.8

1992

0.7

2002

%

yearly

1992 - 2016

Updated on 2018
Morocco

-5.4

2016

-6.3

2015

-14.0

1981

0.8

2007

%

yearly

1980 - 2016

Updated on 2018
Nigeria

-2.2

2016

-1.6

2015

-2.2

2010

-0.0

2006

%

yearly

2005 - 2016

Updated on 2018
Oman

-20.6

2016

-17.2

2015

-20.6

2016

2.5

2005

%

yearly

1991 - 2016

Updated on 2018
Qatar

17.4

2015

14.3

2014

1.9

2011

17.4

2015

%

yearly

2006 - 2015

Updated on 2018
Saudi Arabia

-12.8

2016

-15.0

2015

-25.3

1987

43.2

1973

%

yearly

1969 - 2016

Updated on 2017
South Africa

-4.2

2016

-4.2

2015

-6.6

1993

0.7

2007

%

yearly

1990 - 2016

Updated on 2018
Sudan

-1.6

2016

-1.2

2015

-5.0

2011

-0.6

2003

%

yearly

2001 - 2016

Updated on 2018
Syria

-2.2

2010

-2.1

2009

-5.0

2005

1.8

2001

%

yearly

1998 - 2010

Updated on 2018
Tunisia

-6.1

2016

-4.8

2015

-6.9

2013

-1.0

2008

%

yearly

1991 - 2016

Updated on 2018
Yemen

-8.3

2014

-8.8

2013

-16.3

1992

6.3

2000

%

yearly

1991 - 2014

Updated on 2014
United Arab Emirates

-7.8

2016

-6.4

2015

-16.8

2009

9.3

2008

%

yearly

1991 - 2016

Updated on 2018
Kuwait

-13.9

2015

8.2

2014

-14.3

1994

32.5

2008

%

yearly

1994 - 2015

Updated on 2018
Ivory Coast

-3.9

2016

-2.8

2015

-16.7

1989

15.8

1978

%

yearly

1960 - 2016

Updated on 2018
European Union

-1.7

2016

-2.4

2015

-6.6

2009

0.6

2000

%

yearly

1997 - 2016

Updated on 2018
Kenya

-8.8

2016

-8.0

2015

-8.8

2016

0.8

2000

%

yearly

1998 - 2016

Updated on 2018
Iran

-2.2

2017

-1.7

2016

-14.4

1981

0.2

1995

%

yearly

1966 - 2017

Updated on 2018
Lebanon

-8.0

2015

-6.4

2014

-22.6

2000

-5.8

2011

%

yearly

1992 - 2015

Updated on 2018

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 2018
Business Confidence: Net Balance

1.7

Dec 2017

-17.6

Sep 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Dec 2017

Updated on Dec 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

82.0

Oct 2017

3.8

Sep 2017

-66.4

Feb 1986

114.0

Jan 2011

%

monthly

Jan 1982 - Oct 2017

Updated on Feb 2018
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 Feb 2018
Labour Productivity Growth

6.35

Sep 2017

2.53

Jun 2017

-3.51

Jun 2013

9.90

Dec 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on Feb 2018
Domestic Credit Growth

-3.7

Dec 2017

-1.3

Nov 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Dec 2017

Updated on Jan 2018
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2018
Total Imports

2,656.8

Sep 2017

2,777.3

Aug 2017

230.8

Feb 1986

6,404.8

Apr 2011

USD mn

monthly

Jan 1981 - Sep 2017

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

20.24

Nov 2017

20.24

Oct 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Nov 2017

Updated on Dec 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 2018
Equity Market Index

44,343.7

Jan 2018

38,243.2

Dec 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Jan 2018

Updated on Jan 2018
Domestic Credit

84,572.0

Dec 2017

86,276.0

Nov 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Dec 2017

Updated on Jan 2018
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

1,790.00

Nov 2017

1,694.00

Oct 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Nov 2017

Updated on Dec 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

14.72

Jan 2018

15.39

Dec 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Jan 2018

Updated on Feb 2018
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 Feb 2018
Direct Investment Abroad

322.2

Sep 2017

313.7

Jun 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Sep 2017

Updated on Dec 2017
Total Exports

4,047.7

Sep 2017

3,688.5

Aug 2017

322.9

Oct 1986

11,710.0

Aug 2011

USD mn

monthly

Jan 1981 - Sep 2017

Updated on Dec 2017
Bank Lending Rate

17.71

Dec 2017

17.77

Nov 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Dec 2017

Updated on Feb 2018
Consumer Confidence: Net Balance

34.4

Dec 2017

34.8

Sep 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Dec 2017

Updated on Dec 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

1,931.8

Sep 2017

1,078.8

Aug 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Sep 2017

Updated on Dec 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

4.5

Dec 2017

2.7

Sep 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Dec 2017

Updated on Feb 2018
Exchange Rate against USD

305.277

Jan 2018

305.814

Dec 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Jan 2018

Updated on Jan 2018
Foreign Exchange Reserves

38,766.0

Dec 2017

34,945.6

Nov 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Dec 2017

Updated on Jan 2018
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consumer Price Index CPI Growth

15.1

Jan 2018

15.4

Dec 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jan 2018

Updated on Feb 2018
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

128.0

Dec 2017

127.6

Nov 2017

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Dec 2017

Updated on Jan 2018
Gross National Product

395,953.77

2016

468,409.35

2015

4,173.70

1960

549,528.10

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 2018
Labour Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2017
Current Account Balance: % of GDP

2.4

Sep 2017

1.4

Jun 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Sep 2017

Updated on Dec 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

Jan 2018

22.5

Dec 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Jan 2018

Updated on Jan 2018
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 2018
Business Confidence Growth

22.5

Dec 2017

6.7

Sep 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Dec 2017

Updated on Feb 2018
Foreign Direct Investment: % of GDP

0.8

Sep 2017

1.0

Jun 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Sep 2017

Updated on Feb 2018
Policy Rate

14.00

Jan 2018

14.00

Dec 2017

6.00

Aug 2010

14.00

Jan 2018

% pa

monthly

Dec 2006 - Jan 2018

Updated on Jan 2018
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 Dec 2017
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

51,060,935.74

Sep 2017

52,675,979.34

Jun 2017

50,198,600.00

Jun 2012

57,270,900.00

Dec 2013

Person

quarterly

Mar 2012 - Sep 2017

Updated on Feb 2018
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

Updated on 2018
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 2018
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 Feb 2018
Current Account Balance

2,292.8

Sep 2017

1,225.7

Jun 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Sep 2017

Updated on Dec 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

12.5

Sep 2017

11.3

Aug 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Sep 2017

Updated on Dec 2017
Foreign Portfolio Investment

3,320.84

Sep 2017

1,484.30

Jun 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Sep 2017

Updated on Feb 2018
Total Exports Growth

59.6

Oct 2017

40.8

Sep 2017

-74.9

Oct 1986

207.2

Feb 2000

%

monthly

Jan 1982 - Oct 2017

Updated on Feb 2018
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018
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

9.06

Sep 2017

8.49

Jun 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Sep 2017

Updated on Dec 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