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Nigeria Consolidated Fiscal Balance: % of GDP

2005 - 2017 | Yearly | % | CEIC

Nigeria's Consolidated Fiscal Balance recorded a deficit equal to 1.9 % of its Nominal GDP in Dec 2017, compared with a deficit equal to 2.2 % in the previous year. Nigeria's Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2005 to Dec 2017, 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.

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What was Nigeria's Consolidated Fiscal Balance: % of GDP in 2017?

Last

-1.9

2017
Previous

-2.2

2016
Min

-2.2

2010
Max

-0.0

2006
Unit

%

Frequency

yearly

Range

2005 - 2017

Updated on 30 Apr 2018
Last Previous Min Max Unit Frequency Range

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 30 Apr 2018

View Nigeria's Consolidated Fiscal Balance: % of GDP from 2005 to 2017 in the chart:

Nigeria Consolidated Fiscal Balance: % of GDP

Series Details
Series ID

357401247

Name

Nigeria Consolidated Fiscal Balance: % of GDP

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

CEIC Generated

First Date

2005

Last Date

2017

Last Updated

30 Apr 2018

Statistics
Mean

-1.3

Variance

0.5

Standard deviation

0.7

Skewness

0.5

Kurtosis

-1.1

Coefficient variation

-0.6

Median

-1.5

Max
2006

-0.0

Min
2010

-2.2

Previous observation
2016

-2.2

Last observation
2017

-1.9

Number of Observations

13

Get This Data

More Countries/Regions for Consolidated Fiscal Balance: % of GDP

Country/Region Last Previous Min Max Unit Frequency Range
Albania

-2.0

2017

-1.8

2016

-12.7

1997

-1.8

2016

%

yearly

1997 - 2017

Updated on 2018-04-22
Algeria

-13.7

2016

-15.7

2015

-15.7

2015

13.6

2006

%

yearly

1994 - 2016

Updated on 2018-04-20
Argentina

-6.0

2017

-5.8

2016

-6.0

2017

2.4

2004

%

yearly

2004 - 2017

Updated on 2018-04-23
Armenia

-4.8

2017

-5.5

2016

-7.5

2009

-0.7

2008

%

yearly

1999 - 2017

Updated on 2018-04-30
Australia

-2.4

2017

-2.8

2016

-5.3

2010

2.0

2000

%

yearly

2000 - 2017

Updated on 2018-04-26
Austria

-0.7

2017

-1.6

2016

-6.2

2003

-0.6

2001

%

yearly

1995 - 2017

Updated on 2018-03-27
Azerbaijan

0.9

Mar 2018

1.2

Feb 2018

-4.9

Apr 2015

40.6

Jan 2009

%

monthly

Jan 2005 - Mar 2018

Updated on 2018-05-04
Bahrain

-5.0

2014

-5.5

2013

-8.4

2009

5.1

2005

%

yearly

1998 - 2014

Updated on 2015-09-07
Bangladesh

-4.8

2017

-3.7

2016

-4.8

2017

-2.8

2010

%

yearly

2006 - 2017

Updated on 2018-01-30
Belarus

2.8

2017

1.3

2016

-2.6

2010

2.8

2017

%

yearly

2003 - 2017

Updated on 2018-04-20
Belgium

-1.0

2017

-2.5

2016

-15.9

1981

0.2

2006

%

yearly

1970 - 2017

Updated on 2018-04-20
Bolivia

-3.0

2016

-4.5

2015

-8.9

2002

3.5

2006

%

yearly

1990 - 2016

Updated on 2018-04-27
Bosnia and Herzegovina

1.2

2016

0.7

2015

-4.3

2009

2.7

2006

%

yearly

2003 - 2016

Updated on 2018-04-20
Botswana

0.6

2017

-4.7

2016

-12.4

2010

12.6

2007

%

yearly

1995 - 2017

Updated on 2018-04-25
Brazil

-7.8

2017

-7.7

2016

-9.1

2015

0.3

1997

%

yearly

1997 - 2017

Updated on 2018-04-25
Bulgaria

0.9

2017

0.2

2016

-9.9

1996

1.8

2006

%

yearly

1995 - 2017

Updated on 2018-04-23
Cambodia

0.4

2016

-2.7

2015

-7.7

2011

0.4

2016

%

yearly

2007 - 2016

Updated on 2018-04-20
Canada

-0.9

2017

-0.0

2016

-7.9

1985

1.8

2001

%

yearly

1962 - 2017

Updated on 2018-05-03
Chile

-2.7

2016

-2.1

2015

-4.2

2009

7.9

2007

%

yearly

1990 - 2016

Updated on 2018-04-23
China

-2.9

2017

-2.9

2016

-4.9

1960

1.6

1962

%

yearly

1952 - 2017

Updated on 2018-03-06
Colombia

-2.1

2016

-3.1

2015

-3.6

2001

1.2

2012

%

yearly

2000 - 2016

Updated on 2018-04-20
Croatia

0.8

2017

-0.9

2016

-7.8

2011

0.8

2017

%

yearly

2002 - 2017

Updated on 2018-04-30
Cyprus

1.8

2017

0.3

2016

-9.0

2014

3.2

2007

%

yearly

1995 - 2017

Updated on 2018-05-04
Czech Republic

1.6

2017

0.7

2016

-12.4

1995

1.6

2017

%

yearly

1995 - 2017

Updated on 2018-04-04
Denmark

1.0

2017

-0.4

2016

-9.5

1982

5.0

2007

%

yearly

1971 - 2017

Updated on 2018-04-24
Ecuador

-5.3

2017

-7.4

2016

-7.4

2016

2.9

2006

%

yearly

2000 - 2017

Updated on 2018-04-27
Estonia

-0.3

2017

-0.3

2016

-3.3

1999

2.9

2006

%

yearly

1995 - 2017

Updated on 2018-03-26
Finland

-0.6

2017

-1.8

2016

-8.1

1993

7.7

1976

%

yearly

1975 - 2017

Updated on 2018-03-29
France

-3.4

2016

-3.6

2015

-7.2

2009

1.5

1959

%

yearly

1959 - 2016

Updated on 2018-04-24
Georgia

-1.4

2016

-1.1

2015

-6.5

2009

2.7

2006

%

yearly

2002 - 2016

Updated on 2018-04-30
Germany

1.1

2017

0.8

2016

-9.4

1995

1.1

2017

%

yearly

1991 - 2017

Updated on 2018-04-27
Greece

0.9

Jan 2018

-2.4

Dec 2017

-13.3

Dec 2009

0.9

Jan 2018

%

monthly

Apr 1999 - Jan 2018

Updated on 2018-03-15
Hong Kong

4.4

2017

0.6

2016

-4.8

2002

7.3

2008

%

yearly

1982 - 2017

Updated on 2018-04-20
Hungary

-1.7

2016

-1.6

2015

-9.3

2006

-1.6

2015

%

yearly

1995 - 2016

Updated on 2017-04-07
Iceland

0.7

Dec 2017

0.1

Sep 2017

-13.3

Dec 2008

15.2

Mar 2016

%

quarterly

Mar 2004 - Dec 2017

Updated on 2018-03-15
India

-3.5

2017

-3.9

2016

-6.5

2010

-2.5

2008

%

yearly

1998 - 2017

Updated on 2018-04-30
Indonesia

-2.5

2017

-2.5

2016

-2.6

2015

-0.1

2008

%

yearly

2000 - 2017

Updated on 2018-05-02
Ireland

-0.7

2016

-1.9

2015

-32.1

2010

4.9

2000

%

yearly

1991 - 2016

Updated on 2017-10-16
Israel

-1.8

2017

-1.9

2016

-4.1

2009

0.7

2007

%

yearly

1999 - 2017

Updated on 2018-04-20
Italy

-2.3

2017

-2.5

2016

-7.3

1995

-1.5

2007

%

yearly

1995 - 2017

Updated on 2018-04-20
Japan

-6.2

2018

-7.3

2017

-11.0

2010

-3.5

1998

%

yearly

1996 - 2018

Updated on 2017-04-19
Jordan

-0.4

2016

0.2

2015

-6.7

2009

2.0

2014

%

yearly

1999 - 2016

Updated on 2018-04-23
Kazakhstan

-4.3

2017

-4.4

2016

-4.4

2016

9.9

2011

%

yearly

2007 - 2017

Updated on 2018-04-24
South Korea

1.4

2017

1.0

2016

-4.5

1972

3.6

2007

%

yearly

1970 - 2017

Updated on 2018-05-03
Kyrgyzstan

5.3

Feb 2018

12.4

Jan 2018

-6.6

Jun 2016

22.0

Jan 2008

%

monthly

Jan 2007 - Feb 2018

Updated on 2018-04-13
Laos

-4.9

2016

-3.7

2015

-4.9

2016

-0.7

2012

%

yearly

2006 - 2016

Updated on 2018-04-20
Latvia

-0.5

2017

0.1

2016

-9.1

2009

1.4

1997

%

yearly

1995 - 2017

Updated on 2018-04-20
Lithuania

0.5

2017

0.3

2016

-11.8

1997

0.5

2017

%

yearly

1995 - 2017

Updated on 2018-04-20
Luxembourg

1.5

2017

1.6

2016

-1.3

2004

5.9

2001

%

yearly

1995 - 2017

Updated on 2018-04-20
Macau

11.4

2016

13.7

2015

-0.6

1999

27.0

2013

%

yearly

1996 - 2016

Updated on 2018-05-08
Macedonia

-2.8

2017

-2.7

2016

-13.4

1993

2.4

2000

%

yearly

1993 - 2017

Updated on 2018-04-20
Malawi

-0.4

Aug 2017

-0.6

Jul 2017

-34.4

Aug 2016

23.9

Jun 2015

%

monthly

Apr 2005 - Aug 2017

Updated on 2017-11-03
Malaysia

-5.4

2016

-7.8

2015

-21.0

1981

6.2

1997

%

yearly

1970 - 2016

Updated on 2018-04-30
Malta

3.9

2017

1.0

2016

-9.3

1998

3.9

2017

%

yearly

1995 - 2017

Updated on 2018-04-23
Mauritius

-1.7

2016

-1.8

2015

-3.2

2013

-0.5

2012

%

yearly

2010 - 2016

Updated on 2018-04-20
Mexico

-1.1

2017

-2.5

2016

-14.7

1982

4.1

1992

%

yearly

1980 - 2017

Updated on 2018-05-01
Moldova

-0.8

2017

-1.9

2016

-6.1

2009

1.6

2003

%

yearly

1998 - 2017

Updated on 2018-04-23
Mongolia

-6.4

2017

-15.3

2016

-15.3

2016

0.4

2010

%

yearly

2010 - 2017

Updated on 2018-04-20
Montenegro

-3.3

2016

-8.0

2015

-8.0

2015

7.2

2007

%

yearly

2003 - 2016

Updated on 2018-04-20
Morocco

-5.4

2016

-6.3

2015

-14.0

1981

0.8

2007

%

yearly

1980 - 2016

Updated on 2018-04-23
Myanmar

-4.1

2016

-1.2

2015

-8.4

2001

2.7

2013

%

yearly

1986 - 2016

Updated on 2018-05-07
Nepal

-4.8

2017

-2.2

2016

-4.8

2017

-0.7

2014

%

yearly

2012 - 2017

Updated on 2018-04-25
Netherlands

1.1

Dec 2017

1.2

Sep 2017

-5.6

Sep 2010

1.9

Dec 2000

%

quarterly

Dec 1999 - Dec 2017

Updated on 2018-03-26
New Zealand

1.5

2017

0.7

2016

-8.9

2011

7.0

2006

%

yearly

2002 - 2017

Updated on 2018-04-20
Nigeria

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-04-30
Norway

4.4

2017

4.0

2016

-1.9

1992

18.7

2008

%

yearly

1978 - 2017

Updated on 2018-04-26
Oman

-12.6

2017

-20.6

2016

-20.6

2016

2.5

2005

%

yearly

1991 - 2017

Updated on 2018-04-20
Pakistan

-5.8

2017

-4.6

2016

-8.2

2013

-2.1

2004

%

yearly

2000 - 2017

Updated on 2018-04-30
Panama

-1.6

2017

-1.8

2016

-4.9

2004

3.3

2007

%

yearly

2003 - 2017

Updated on 2018-04-25
Paraguay

1.5

2016

0.9

2015

0.7

2013

4.2

2004

%

yearly

2003 - 2016

Updated on 2018-04-30
Peru

-2.9

2017

-2.2

2016

-8.0

1990

2.9

2007

%

yearly

1990 - 2017

Updated on 2018-05-07
Philippines

-2.2

2017

-2.4

2016

-5.0

2002

0.9

1994

%

yearly

1985 - 2017

Updated on 2018-05-07
Poland

-1.7

2017

-2.3

2016

-7.3

2010

-1.7

2017

%

yearly

1995 - 2017

Updated on 2018-04-23
Portugal

-3.0

2017

-2.0

2016

-11.2

2010

-2.0

2016

%

yearly

1995 - 2017

Updated on 2018-03-26
Qatar

17.4

2015

14.3

2014

1.9

2011

17.4

2015

%

yearly

2006 - 2015

Updated on 2018-04-20
Romania

-2.9

2017

-3.0

2016

-9.2

2009

-0.8

2015

%

yearly

1995 - 2017

Updated on 2018-04-24
Russia

-1.5

2017

-3.6

2016

-9.5

1994

8.4

2006

%

yearly

1993 - 2017

Updated on 2018-04-20
Saudi Arabia

-12.8

2016

-15.0

2015

-25.3

1987

43.2

1973

%

yearly

1969 - 2016

Updated on 2017-09-07
Serbia

1.2

2017

-1.3

2016

-6.8

2012

1.2

2017

%

yearly

2001 - 2017

Updated on 2018-04-20
Singapore

3.2

2017

2.6

2016

-0.2

2010

10.2

2008

%

yearly

2006 - 2017

Updated on 2018-04-27
Slovakia

-1.0

2017

-2.2

2016

-12.0

2000

-1.0

2017

%

yearly

1995 - 2017

Updated on 2018-04-23
Slovenia

0.0

2017

-1.9

2016

-14.7

2013

0.0

2017

%

yearly

1995 - 2017

Updated on 2018-03-30
South Africa

-4.4

2017

-4.2

2016

-6.6

1993

0.7

2007

%

yearly

1990 - 2017

Updated on 2018-04-30
Spain

-4.7

2016

-5.1

2015

-11.0

2009

2.2

2006

%

yearly

1995 - 2016

Updated on 2017-03-30
Sri Lanka

-5.5

2017

-5.4

2016

-9.9

2009

-5.1

1992

%

yearly

1990 - 2017

Updated on 2018-04-23
Sudan

-1.6

2016

-1.2

2015

-5.0

2011

-0.6

2003

%

yearly

2001 - 2016

Updated on 2018-04-20
Sweden

0.9

2016

0.3

2015

-7.0

1995

3.3

2007

%

yearly

1995 - 2016

Updated on 2018-04-20
Switzerland

1.2

2017

0.4

2016

-3.2

1993

1.9

2008

%

yearly

1990 - 2017

Updated on 2018-03-12
Syria

-2.2

2010

-2.1

2009

-5.0

2005

1.8

2001

%

yearly

1998 - 2010

Updated on 2018-04-25
Taiwan

1.8

2016

1.3

2015

-2.1

2001

6.9

1989

%

yearly

1981 - 2016

Updated on 2018-02-20
Tajikistan

0.2

2016

0.6

2015

-8.1

2007

2.7

2014

%

yearly

2000 - 2016

Updated on 2018-04-20
Thailand

0.7

2017

-2.1

2016

-2.1

2016

1.5

2015

%

yearly

2002 - 2017

Updated on 2018-04-20
Tunisia

-6.2

2017

-6.2

2016

-6.9

2013

-1.0

2008

%

yearly

1991 - 2017

Updated on 2018-04-23
Turkey

-1.6

2017

-1.3

2016

-5.3

2009

-0.7

2006

%

yearly

2006 - 2017

Updated on 2018-04-20
Ukraine

-2.3

2016

-1.6

2015

-13.8

1992

0.7

2002

%

yearly

1992 - 2016

Updated on 2018-04-24
United Arab Emirates

-7.8

2016

-6.4

2015

-16.8

2009

9.3

2008

%

yearly

1991 - 2016

Updated on 2018-04-23
United Kingdom

-1.9

2017

-3.0

2016

-10.1

2009

1.4

2000

%

yearly

1990 - 2017

Updated on 2018-04-27
United States

-3.5

2017

-3.2

2016

-9.8

2009

4.4

1948

%

yearly

1948 - 2017

Updated on 2018-04-26
Uruguay

-3.6

2017

-3.8

2016

-3.8

2016

-0.0

2007

%

yearly

1999 - 2017

Updated on 2018-04-30
Venezuela

-4.9

2012

-4.0

2011

-5.0

2009

3.0

2007

%

yearly

1998 - 2012

Updated on 2018-04-30
Vietnam

-6.3

2015

-6.3

2014

-6.7

1990

-1.6

1994

%

yearly

1990 - 2015

Updated on 2018-04-24
Yemen

-8.3

2014

-8.8

2013

-16.3

1992

6.3

2000

%

yearly

1991 - 2014

Updated on 2014-12-31

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017-10-27
Bank Lending Rate

17.35

Mar 2018

17.53

Feb 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Mar 2018

Updated on 2018-05-02
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 2018-04-20
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 2017-12-20
CPI: Food and Non Alcoholic Beverage Change

16.06

Mar 2018

17.56

Feb 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Mar 2018

Updated on 2018-05-02
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017-03-30
Consumer Confidence Growth

1.3

Mar 2018

4.5

Dec 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Mar 2018

Updated on 2018-04-20
Consumer Confidence: Net Balance

28.5

Mar 2018

34.4

Dec 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Mar 2018

Updated on 2018-04-18
Consumer Price Index CPI Growth

13.3

Mar 2018

14.3

Feb 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Mar 2018

Updated on 2018-04-20
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 2017-10-25
Core CPI Change

11.85

Mar 2018

12.34

Feb 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Mar 2018

Updated on 2018-05-02
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 2017-06-13
Crude Oil: Production

1,810.00

Mar 2018

1,792.00

Feb 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Mar 2018

Updated on 2018-04-12
Current Account Balance

3,656.2

Dec 2017

1,973.6

Sep 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Direct Investment Abroad

321.5

Dec 2017

322.2

Sep 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-04-20
Domestic Credit

86,053.9

Mar 2018

88,114.1

Feb 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Mar 2018

Updated on 2018-04-30
Domestic Credit Growth

-5.1

Mar 2018

-1.1

Feb 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Mar 2018

Updated on 2018-04-30
Electricity Production

8,640

Dec 2017

8,371

Sep 2017

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Dec 2017

Updated on 2018-04-20
Employed Persons

69,090,006.52

Sep 2017

70,354,895.79

Jun 2017

61,804,100.00

Jun 2012

70,665,895.85

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-20
Equity Market Index

41,268.0

Apr 2018

41,504.5

Mar 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Apr 2018

Updated on 2018-04-30
Exchange Rate against USD

305.110

Apr 2018

305.240

Mar 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Apr 2018

Updated on 2018-04-30
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 2018-04-25
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-16
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 2017-06-15
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-15
External Debt

18,913.4

Dec 2017

15,352.1

Sep 2017

3,287.7

Mar 2007

18,913.4

Dec 2017

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

57.2

1991

%

yearly

1985 - 2017

Updated on 2018-04-30
Forecast: Consumer Price Index Growth

14.00

2023

14.00

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

Updated on 2018-04-17
Forecast: Current Account Balance

2.00

2023

2.23

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

Updated on 2018-04-17
Forecast: Exports of Goods Growth

1.53

2023

1.37

2022

-15.34

2002

32.95

2003

%

yearly

1991 - 2023

Updated on 2018-04-17
Forecast: GDP PPP Per Capita

6,379.87

2023

6,319.75

2022

2,026.44

1991

6,379.87

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Government Expenditure

32,324.37

2023

27,264.45

2022

99.77

1990

32,324.37

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Government Net Debt

80,503.18

2023

68,575.88

2022

358.18

1990

80,503.18

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Government Revenue

20,397.06

2023

17,059.10

2022

96.42

1990

20,397.06

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Nominal GDP Per Capita

3,935.72

2023

3,479.15

2022

496.50

1999

3,935.72

2023

USD

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Population

222.04

2023

216.10

2022

68.45

1980

222.04

2023

Person mn

yearly

1980 - 2023

Updated on 2018-04-17
Forecast: Real GDP Growth

1.95

2023

1.98

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-04-17
Forecast: Unemployment Rate

16.48

2017

13.38

2016

5.09

2010

16.48

2017

%

yearly

2010 - 2017

Updated on 2018-04-17
Foreign Direct Investment

959.5

Dec 2017

798.4

Sep 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Foreign Direct Investment: % of GDP

0.9

Dec 2017

0.8

Sep 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-20
Foreign Exchange Reserves

46,208.9

Mar 2018

42,492.7

Feb 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Mar 2018

Updated on 2018-03-30
Foreign Exchange Reserves: % of GDP

10.57

Dec 2017

9.06

Sep 2017

5.29

Mar 2015

10.57

Dec 2017

%

quarterly

Dec 2010 - Dec 2017

Updated on 2018-04-20
Foreign Exchange Reserves: Months of Import

13.8

Jan 2018

11.7

Dec 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Jan 2018

Updated on 2018-04-25
Foreign Portfolio Investment

3,787.16

Dec 2017

3,320.84

Sep 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-04-20
GDP Deflator Growth

5.0

Dec 2017

9.5

Sep 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-04-20
GDP per Capita

2,156.84

2016

2,698.63

2015

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2018-04-30
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Gold Reserves

0.06

Jan 2018

0.06

Dec 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Jan 2018

Updated on 2018-05-02
Government Debt: % of GDP

16.2

2017

14.3

2016

7.2

2008

80.5

1992

%

yearly

1981 - 2017

Updated on 2018-04-30
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 2018-04-20
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 2018-04-20
Gross Savings Rate

13.1

2016

15.2

2015

13.1

2016

88.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-03
Imports: ICT Goods

1,383,238.75

2016

1,821,759.16

2014

142,900.38

2000

2,928,318.22

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
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 2017-06-16
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 2017-06-16
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 2017-06-15
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 2017-06-15
Industrial Production Index Growth

-3.3

Dec 2017

-4.2

Sep 2017

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-04-20
Investment: % of GDP

15.3

2016

15.3

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2018-05-03
Labour Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2018-04-20
Labour Productivity Growth

1.96

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-04-20
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017-09-29
Liquid Assets Ratio

29.2

Dec 2017

23.8

Nov 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - Dec 2017

Updated on 2018-04-20
Market Capitalization: % of GDP

12.0

2017

9.1

2016

3.0

1985

29.7

2007

%

yearly

1985 - 2017

Updated on 2018-04-30
Minerals Production

129,583,436.00

2016

147,959,459.00

2015

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

35,750.84

Mar 2018

35,137.65

Feb 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Mar 2018

Updated on 2018-05-02
Money Supply M2

79,619.36

Mar 2018

78,649.26

Feb 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Mar 2018

Updated on 2018-05-02
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 2017-06-27
Motor Vehicle Sales: Commercial Cars

2,948.00

Dec 2017

3,800.00

Dec 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicle Sales: Passenger Cars

4,051.20

Dec 2017

19,200.00

Dec 2016

4,051.20

Dec 2017

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-04-20
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

Updated on 2018-04-20
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 2017-06-13
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 2017-06-13
Nominal GDP

102,175.2

Dec 2017

96,465.1

Sep 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-20
Nominal GDP Growth

6.99

Dec 2017

10.98

Sep 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-04-20
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017-11-23
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 2018-04-19
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 2018-04-19
Policy Rate

14.00

Apr 2018

14.00

Mar 2018

6.00

Aug 2010

14.00

Apr 2018

% pa

monthly

Dec 2006 - Apr 2018

Updated on 2018-04-30
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017-08-27
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 2018-04-20
Private Consumption: % of GDP

81.6

2016

78.2

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2018-05-03
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 2018-04-20
Public Consumption: % of GDP

5.4

2016

6.6

2015

2.4

1989

17.1

1993

%

yearly

1950 - 2016

Updated on 2018-05-03
Real Effective Exchange Rate

125.1

Mar 2018

123.8

Feb 2018

50.9

Mar 1992

701.9

Sep 1984

2005=100

monthly

Dec 1979 - Mar 2018

Updated on 2018-04-23
Real GDP Growth

1.9

Dec 2017

1.4

Sep 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-04-20
Reserve Requirement Ratio

22.5

Apr 2018

22.5

Mar 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Apr 2018

Updated on 2018-04-30
Short Term Interest Rate

13.58

Apr 2018

16.01

Mar 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Apr 2018

Updated on 2018-05-02
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.98

2016

83.25

2015

0.00

1992

83.25

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,654.48

2017

71,281.08

2016

4,696.12

1992

104,420.24

2014

USD mn

yearly

1992 - 2017

Updated on 2018-05-07
Total Exports

5,659.8

Jan 2018

4,053.9

Dec 2017

322.9

Oct 1986

11,545.7

Aug 2011

USD mn

monthly

Jan 1981 - Jan 2018

Updated on 2018-04-25
Total Exports Growth

56.4

Jan 2018

-2.3

Dec 2017

-74.9

Oct 1986

204.0

Feb 2000

%

monthly

Jan 1982 - Jan 2018

Updated on 2018-04-25
Total Imports

2,941.0

Jan 2018

3,360.8

Dec 2017

230.8

Feb 1986

5,727.9

Mar 2011

USD mn

monthly

Jan 1981 - Jan 2018

Updated on 2018-04-25
Total Imports Growth

17.8

Jan 2018

18.9

Dec 2017

-66.4

Feb 1986

117.5

Sep 2003

%

monthly

Jan 1982 - Jan 2018

Updated on 2018-04-25
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-04-20
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-04-20
Trade Balance

2,488.5

Dec 2017

1,855.1

Nov 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Dec 2017

Updated on 2018-04-20
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-04-20
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-04-20
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