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Nigeria Domestic Credit Growth

1993 - 2018 | Monthly | % | CEIC Data

Nigeria's Domestic Credit shrunk by 4.2 % YoY in May 2018, compared with a decrease of 0.1 % YoY in the previous month. Nigeria's Domestic Credit Growth YoY data is updated monthly. It averaged 20.4 %, available from Nov 1993 to May 2018. The data reached an all-time high of 1,165.5 % in Mar 2008 and a record low of -88.6 % in Mar 2007. CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The Central Bank of Nigeria provides Domestic Credit in local currency. Net Domestic Credit is used.

In the latest reports, Nigeria's Domestic Credit reached 84.2 USD bn in May 2018. Money Supply M2 in Nigeria increased 14.2 % YoY in May 2018. Nigeria's Foreign Exchange Reserves was measured at 47.1 USD bn in Jul 2018. The Foreign Exchange Reserves equaled 15.1 Months of Import in Apr 2018. The country's Non Performing Loans Ratio stood at 4.9 % in Dec 2015, compared with the ratio of 2.9 % in the previous year.

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What was Nigeria's Domestic Credit Growth in May 2018?

Last

-4.2

May 2018
Previous

-0.1

Apr 2018
Min

-88.6

Mar 2007
Max

1,165.5

Mar 2008
Unit

%

Frequency

monthly

Range

Nov 1993 - May 2018

Updated on 27 Jun 2018
Last Previous Min Max Unit Frequency Range

-4.2

May 2018

-0.1

Apr 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - May 2018

Updated on 27 Jun 2018

View Nigeria's Domestic Credit Growth from Nov 1993 to May 2018 in the chart:

Nigeria Domestic Credit Growth

Series Details
Series ID

261717803

Name

Nigeria Domestic Credit Growth

Country

Nigeria

Frequency

Monthly

Unit

%

Status

Active

Source

CEIC Data

First Date

Nov 1993

Last Date

May 2018

Last Updated

27 Jun 2018

Statistics
Mean

43.4

Variance

18,803.4

Standard deviation

137.1

Skewness

6.2

Kurtosis

41.1

Coefficient variation

3.2

Median

20.4

Max
Mar 2008

1,165.5

Min
Mar 2007

-88.6

Previous observation
Apr 2018

-0.1

Last observation
May 2018

-4.2

Number of Observations

295

Get This Data

More Countries/Regions for Domestic Credit Growth

Country/Region Last Previous Min Max Unit Frequency Range
Albania

-0.7

May 2018

-0.2

Apr 2018

-8.5

Jun 2016

28.6

Oct 2008

%

monthly

Dec 2003 - May 2018

Updated on 2018-06-29
Argentina

33.2

Apr 2018

35.4

Mar 2018

-10.0

Sep 2003

638.4

Feb 1985

%

monthly

Dec 1965 - Apr 2018

Updated on 2018-06-25
Armenia

20.9

May 2018

17.9

Apr 2018

-13.5

Nov 2003

117.0

Jun 2008

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-18
Australia

3.8

May 2018

3.9

Apr 2018

0.2

Nov 2009

35.0

Dec 2007

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-09
Austria

2.5

May 2018

1.8

Apr 2018

-3.0

Jun 2015

12.6

Apr 2006

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-16
Azerbaijan

-16.6

May 2018

-15.8

Apr 2018

-16.6

May 2018

148.4

May 2007

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-18
Bahrain

4.4

May 2018

5.9

Apr 2018

-2.1

Sep 2017

99.1

Apr 1998

%

monthly

Dec 1997 - May 2018

Updated on 2018-07-02
Bangladesh

14.7

Jun 2018

15.1

May 2018

1.9

Apr 1993

36.8

Apr 1996

%

monthly

Jul 1988 - Jun 2018

Updated on 2018-07-19
Belarus

3.2

Jun 2018

-2.0

May 2018

-13.5

Feb 2017

97.8

May 2011

%

monthly

Dec 2007 - Jun 2018

Updated on 2018-07-13
Belgium

-7.0

May 2018

-8.0

Apr 2018

-11.8

Sep 2017

44.8

Mar 2015

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
Bolivia

18.7

Mar 2018

12.5

Feb 2018

-10.0

Sep 2006

31.1

Sep 2016

%

monthly

Dec 2002 - Mar 2018

Updated on 2018-06-28
Bosnia and Herzegovina

3.0

May 2018

2.9

Apr 2018

-32.9

Sep 1998

42.7

Jun 2008

%

monthly

Aug 1998 - May 2018

Updated on 2018-07-04
Brazil

2.1

May 2018

4.5

Apr 2018

2.0

Feb 2018

22.0

Nov 2007

%

monthly

Dec 2005 - May 2018

Updated on 2018-06-29
Brunei

-19.6

Mar 2018

-14.0

Feb 2018

-67.4

Jan 2009

363.2

Jan 2010

%

monthly

Dec 2002 - Mar 2018

Updated on 2018-06-14
Bulgaria

9.4

Jun 2018

9.1

May 2018

-41.8

Feb 1998

801.0

Feb 1997

%

monthly

Dec 1996 - Jun 2018

Updated on 2018-07-24
Cambodia

19.5

Apr 2018

18.4

Mar 2018

-13.5

May 2002

108.1

Jun 2008

%

monthly

Dec 1996 - Apr 2018

Updated on 2018-07-25
Canada

5.8

May 2018

6.0

Apr 2018

1.4

Jul 1983

19.5

Aug 1981

%

monthly

Jan 1970 - May 2018

Updated on 2018-07-09
Chile

7.2

Mar 2018

7.0

Feb 2018

-2.5

Nov 2009

23.5

Nov 2007

%

monthly

Dec 1998 - Mar 2018

Updated on 2018-06-29
China

10.1

Jun 2018

10.8

May 2018

7.8

May 2005

45.9

Dec 1993

%

monthly

Dec 1986 - Jun 2018

Updated on 2018-07-19
Colombia

7.4

Apr 2018

8.0

Mar 2018

-7.6

Sep 2003

58.3

Feb 1996

%

monthly

Jan 1994 - Apr 2018

Updated on 2018-07-14
Croatia

-2.1

May 2018

-4.1

Apr 2018

-7.6

Mar 2000

29.1

Dec 2002

%

monthly

Jun 1995 - May 2018

Updated on 2018-06-29
Cyprus

-14.3

Jun 2018

-9.3

May 2018

-14.3

Jun 2018

32.2

Oct 2008

%

monthly

Nov 2006 - Jun 2018

Updated on 2018-07-25
Czech Republic

9.2

May 2018

6.3

Apr 2018

-4.9

Jul 2017

23.5

Sep 2007

%

monthly

Jan 2003 - May 2018

Updated on 2018-06-29
Denmark

0.0

May 2018

-0.7

Apr 2018

-10.5

Aug 2013

19.2

Oct 2008

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-23
Ecuador

15.6

Jun 2018

10.0

May 2018

-6.8

Apr 2008

59.8

Nov 2010

%

monthly

Jan 2007 - Jun 2018

Updated on 2018-07-17
Egypt

9.2

May 2018

5.4

Apr 2018

3.7

Jan 2018

42.9

Jan 2017

%

monthly

Jan 1997 - May 2018

Updated on 2018-06-29
Estonia

3.8

May 2018

3.9

Apr 2018

-6.8

Dec 2009

131.5

Jan 1997

%

monthly

Jun 1993 - May 2018

Updated on 2018-07-17
European Union

0.9

May 2018

0.4

Apr 2018

-6.2

Dec 2013

15.0

Oct 2007

%

monthly

Sep 1998 - May 2018

Updated on 2018-07-17
Finland

3.3

May 2018

2.4

Apr 2018

-32.7

May 2013

60.2

May 2012

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
France

4.7

May 2018

4.2

Apr 2018

-6.5

Nov 2009

31.9

Oct 2007

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
Georgia

21.2

Jun 2018

20.8

May 2018

-6.6

Nov 2009

112.9

Jun 1997

%

monthly

Oct 1996 - Jun 2018

Updated on 2018-07-23
Germany

0.0

May 2018

-0.3

Apr 2018

-13.2

Aug 2013

38.8

Sep 2011

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-16
Greece

-13.6

May 2018

-13.6

Apr 2018

-19.2

Feb 2013

28.1

Aug 2010

%

monthly

Jan 2002 - May 2018

Updated on 2018-07-17
Hong Kong

20.1

Apr 2018

14.4

Mar 2018

-18.2

Jun 1999

44.8

Mar 2010

%

monthly

Dec 1991 - Apr 2018

Updated on 2018-07-18
Hungary

10.2

May 2018

10.9

Apr 2018

-12.3

Nov 2012

25.6

Aug 2006

%

monthly

Jan 1999 - May 2018

Updated on 2018-07-03
Iceland

5.0

Jun 2018

4.0

May 2018

-58.8

Sep 2009

56.1

Sep 2008

%

monthly

Sep 1994 - Jun 2018

Updated on 2018-07-23
India

9.8

May 2018

9.3

Apr 2018

5.6

Nov 2017

27.1

Jul 2009

%

monthly

Mar 2000 - May 2018

Updated on 2018-07-09
Indonesia

8.6

May 2018

9.7

Apr 2018

3.7

Sep 2006

26.2

Jun 2012

%

monthly

Jan 2005 - May 2018

Updated on 2018-07-06
Iran

25.8

Feb 2017

26.5

Jan 2017

-2.6

Jan 1965

98.3

Mar 2000

%

monthly

Jan 1965 - Feb 2017

Updated on 2018-06-20
Ireland

-7.2

May 2018

-7.5

Apr 2018

-23.2

Aug 2009

44.6

Dec 2007

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
Israel

4.4

May 2018

4.2

Apr 2018

1.5

Aug 2003

11.6

Feb 2002

%

monthly

Dec 2000 - May 2018

Updated on 2018-07-23
Italy

-0.6

May 2018

-0.4

Apr 2018

-4.8

May 2014

19.4

Dec 2007

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
Ivory Coast

21.0

May 2016

23.2

Apr 2016

-22.0

Mar 1966

64.1

Aug 1975

%

monthly

Jan 1965 - May 2016

Updated on 2018-06-13
Japan

3.5

May 2018

3.8

Apr 2018

-2.7

Feb 2008

6.4

Nov 2016

%

monthly

Apr 2004 - May 2018

Updated on 2018-07-12
Jordan

4.9

May 2018

4.0

Apr 2018

-1.0

Aug 2003

33.5

Mar 2006

%

monthly

Jan 2003 - May 2018

Updated on 2018-07-12
Kazakhstan

1.8

Jun 2018

-2.2

May 2018

-7.0

Jul 2017

107.4

Jun 2007

%

monthly

Dec 2002 - Jun 2018

Updated on 2018-07-23
Kenya

5.9

May 2018

7.1

Apr 2018

-8.4

Sep 2000

30.1

Sep 2011

%

monthly

Dec 1996 - May 2018

Updated on 2018-07-24
South Korea

6.6

May 2018

5.9

Apr 2018

-0.5

Feb 2010

22.3

Nov 2008

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-11
Kosovo

12.2

May 2018

11.2

Apr 2018

5.6

Aug 2016

4,109.7

Jan 2009

%

monthly

Nov 2008 - May 2018

Updated on 2018-06-26
Kuwait

1.7

May 2018

3.3

Apr 2018

-7.7

May 2001

34.1

Jan 2008

%

monthly

Jan 1995 - May 2018

Updated on 2018-07-12
Kyrgyzstan

16.3

Jun 2018

14.8

May 2018

-76.2

Apr 2009

366.4

Jun 2010

%

monthly

Dec 2003 - Jun 2018

Updated on 2018-07-17
Laos

6.4

Dec 2017

14.4

Sep 2017

-30.1

Jun 2007

142.3

Dec 1997

%

quarterly

Dec 1992 - Dec 2017

Updated on 2018-06-13
Latvia

-4.9

May 2018

-3.4

Apr 2018

-17.0

Nov 2009

62.3

Dec 2005

%

monthly

Jul 2004 - May 2018

Updated on 2018-07-17
Lebanon

4.1

Jan 2018

4.1

Dec 2017

-11.8

Sep 1967

299.9

Oct 1987

%

monthly

Mar 1966 - Jan 2018

Updated on 2018-06-19
Lithuania

13.0

May 2018

3.2

Apr 2018

-17.5

Aug 2000

124.8

Jul 1999

%

monthly

Dec 1994 - May 2018

Updated on 2018-07-16
Luxembourg

9.7

May 2018

6.0

Apr 2018

-14.6

Dec 2002

74.8

Mar 2006

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
Macedonia

4.6

May 2018

4.1

Apr 2018

-6.9

Oct 2016

67.1

Dec 2007

%

monthly

Jan 2004 - May 2018

Updated on 2018-07-23
Malawi

35.5

Aug 2017

39.8

Jul 2017

-77.0

Mar 2001

1,353.8

Mar 2002

%

monthly

Jan 1976 - Aug 2017

Updated on 2018-07-16
Malaysia

5.8

May 2018

5.2

Apr 2018

-6.1

Apr 1999

33.3

Jun 1997

%

monthly

Jan 1988 - May 2018

Updated on 2018-07-18
Malta

2.4

May 2018

1.4

Apr 2018

-3.4

Sep 2014

16.1

Jun 2010

%

monthly

Jan 2009 - May 2018

Updated on 2018-06-28
Mauritius

-3.1

May 2018

9.9

Apr 2018

-3.3

Sep 2014

26.0

Jul 2008

%

monthly

Jun 2006 - May 2018

Updated on 2018-06-29
Mexico

13.2

Apr 2018

11.9

Mar 2018

-0.5

Mar 2010

20.1

Jun 2016

%

monthly

Dec 2002 - Apr 2018

Updated on 2018-06-25
Moldova

-3.7

Jun 2018

-3.3

May 2018

-12.1

Oct 2015

50.0

Apr 2008

%

monthly

Jan 2001 - Jun 2018

Updated on 2018-07-20
Mongolia

2.4

Jun 2018

1.8

May 2018

-43.7

Apr 2000

164.4

Feb 2014

%

monthly

Dec 1993 - Jun 2018

Updated on 2018-07-25
Montenegro

-0.0

Jun 2018

8.7

May 2018

-19.6

Mar 2015

185.8

Oct 2007

%

monthly

Jan 2006 - Jun 2018

Updated on 2018-07-27
Morocco

5.5

May 2018

4.7

Apr 2018

0.4

Mar 2016

27.3

May 2007

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-02
Myanmar

19.9

Feb 2018

17.6

Jan 2018

-9.6

Jan 2013

39.8

Dec 2010

%

monthly

Dec 2002 - Feb 2018

Updated on 2018-06-20
Nepal

28.3

Jun 2018

25.8

May 2018

4.9

Jan 2004

39.5

Aug 2011

%

monthly

Jan 2002 - Jun 2018

Updated on 2018-07-16
Netherlands

-2.9

May 2018

-3.9

Apr 2018

-9.6

Dec 2013

21.0

Apr 2008

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-17
New Zealand

4.0

May 2018

3.7

Apr 2018

-3.2

Jul 1989

16.3

Sep 2005

%

monthly

Mar 1989 - May 2018

Updated on 2018-06-29
Nigeria

-4.2

May 2018

-0.1

Apr 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - May 2018

Updated on 2018-06-27
Norway

5.9

May 2018

6.2

Apr 2018

-4.8

Oct 1992

24.4

Feb 1987

%

monthly

Dec 1986 - May 2018

Updated on 2018-07-19
Oman

6.4

May 2018

7.9

Apr 2018

-7.2

Sep 2005

58.8

Sep 2008

%

monthly

Dec 2000 - May 2018

Updated on 2018-07-18
Pakistan

15.2

May 2018

14.4

Apr 2018

7.1

Nov 2014

22.6

Oct 2012

%

monthly

Jun 2009 - May 2018

Updated on 2018-06-29
Panama

5.2

Apr 2018

13.4

Mar 2018

-4.4

Feb 2003

21.2

Oct 2016

%

monthly

Dec 2002 - Apr 2018

Updated on 2018-07-11
Paraguay

10.2

Jun 2018

10.0

May 2018

-26.2

Dec 2003

53.5

Dec 2008

%

monthly

Dec 2002 - Jun 2018

Updated on 2018-07-23
Peru

36.5

Jun 2018

33.2

May 2018

-29.4

Jul 2005

162.9

Jul 2008

%

monthly

Jan 1993 - Jun 2018

Updated on 2018-07-19
Philippines

16.8

May 2018

16.4

Apr 2018

-7.9

Jan 2006

18.8

May 2016

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-04
Poland

7.2

Jun 2018

5.9

May 2018

-0.3

Feb 2003

40.4

Dec 2008

%

monthly

Dec 1997 - Jun 2018

Updated on 2018-07-23
Portugal

2.6

May 2018

1.2

Apr 2018

-9.7

Nov 2012

14.1

Dec 2001

%

monthly

Dec 2001 - May 2018

Updated on 2018-07-11
Qatar

5.5

May 2018

6.2

Apr 2018

-2.6

Jul 2014

64.0

Feb 2008

%

monthly

Jan 2008 - May 2018

Updated on 2018-07-15
Romania

4.3

May 2018

4.9

Apr 2018

-5.3

Jul 2013

66.6

Feb 2008

%

monthly

Dec 2005 - May 2018

Updated on 2018-07-06
Russia

7.2

May 2018

8.2

Apr 2018

-9.3

Apr 2005

49.7

May 2007

%

monthly

Dec 2001 - May 2018

Updated on 2018-06-29
Serbia

0.3

Jun 2018

-0.0

May 2018

-7.0

Jul 2013

56.0

Oct 2008

%

monthly

Dec 2004 - Jun 2018

Updated on 2018-07-20
Singapore

7.0

Jun 2018

7.2

May 2018

-16.1

Dec 2002

37.1

Nov 2007

%

monthly

Jan 1992 - Jun 2018

Updated on 2018-07-31
Slovakia

8.5

May 2018

9.4

Apr 2018

-8.6

May 2013

25.9

Apr 2007

%

monthly

Jan 2007 - May 2018

Updated on 2018-07-17
Slovenia

6.5

May 2018

0.2

Apr 2018

-20.2

Apr 2014

26.8

Nov 2007

%

monthly

Jan 2005 - May 2018

Updated on 2018-07-16
South Africa

5.7

Jun 2018

5.2

May 2018

-0.9

Apr 2010

30.1

Jul 1981

%

monthly

Mar 1966 - Jun 2018

Updated on 2018-07-30
Spain

-1.5

May 2018

-1.5

Apr 2018

-10.2

Dec 2013

28.2

May 2006

%

monthly

Jan 2000 - May 2018

Updated on 2018-07-17
Sri Lanka

10.8

May 2018

11.0

Apr 2018

-1.0

Apr 2010

42.7

Mar 2012

%

monthly

Jan 1997 - May 2018

Updated on 2018-07-20
Sudan

48.0

Mar 2018

46.7

Dec 2017

9.3

Jun 2008

113.5

Sep 2006

%

quarterly

Mar 2003 - Mar 2018

Updated on 2018-06-25
Sweden

4.5

May 2018

5.2

Apr 2018

-6.7

Feb 2010

21.1

Feb 2009

%

monthly

Dec 2002 - May 2018

Updated on 2018-07-23
Switzerland

3.5

May 2018

3.2

Apr 2018

-0.4

Jun 2002

15.2

May 1989

%

monthly

Dec 1988 - May 2018

Updated on 2018-07-10
Syria

23.0

Dec 2011

25.5

Nov 2011

9.1

Jan 2007

44.8

Oct 2005

%

monthly

Jan 2004 - Dec 2011

Updated on 2018-06-18
Taiwan

6.0

Jun 2018

5.7

May 2018

-3.8

Jul 2002

48.8

Jun 1974

%

monthly

Jul 1962 - Jun 2018

Updated on 2018-07-23
Tajikistan

-29.9

Mar 2018

-27.1

Feb 2018

-54.7

Oct 2004

137.5

Dec 2011

%

monthly

Dec 2002 - Mar 2018

Updated on 2018-06-12
Thailand

4.8

May 2018

5.0

Apr 2018

-0.0

Jan 2007

16.9

Nov 2012

%

monthly

Jan 2004 - May 2018

Updated on 2018-06-29
Tunisia

11.4

May 2018

12.7

Apr 2018

-68.5

Feb 2010

322.8

Feb 2011

%

monthly

Feb 1995 - May 2018

Updated on 2018-07-11
Turkey

21.5

May 2018

18.8

Apr 2018

7.6

May 2007

153.6

Oct 1996

%

monthly

Jan 1987 - May 2018

Updated on 2018-06-29
Ukraine

11.2

Jun 2018

11.0

May 2018

-17.1

Feb 2016

81.6

Feb 2008

%

monthly

Dec 2003 - Jun 2018

Updated on 2018-07-27
United Arab Emirates

5.2

Aug 2016

6.2

Jul 2016

-1,932.7

Aug 1977

910.9

Oct 1977

%

monthly

Jan 1976 - Aug 2016

Updated on 2018-06-12
United Kingdom

1.7

May 2018

1.0

Apr 2018

-6.0

Mar 2014

27.2

Aug 1989

%

monthly

Jan 1988 - May 2018

Updated on 2018-07-16
United States

5.1

Dec 2016

4.9

Sep 2016

-2.4

Jun 2010

10.0

Mar 2008

%

quarterly

Dec 2002 - Dec 2016

Updated on 2018-06-20
Uruguay

4.1

May 2018

0.1

Apr 2018

-38.0

Jul 2005

80.9

Jan 2003

%

monthly

Dec 2002 - May 2018

Updated on 2018-06-25
Venezuela

48.2

Sep 2011

43.1

Aug 2011

-99.8

Dec 1975

112.1

Jun 2006

%

monthly

Jan 1967 - Sep 2011

Updated on 2018-06-25
Vietnam

12.3

Mar 2018

13.2

Feb 2018

6.7

Feb 2012

81.4

Dec 1993

%

monthly

Dec 1993 - Mar 2018

Updated on 2018-07-02
Yemen

5.8

Jan 2015

6.2

Dec 2014

-12,845.2

Aug 2007

890.9

Jul 2007

%

monthly

Dec 2005 - Jan 2015

Updated on 2018-06-25

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

93,055.85

2017

70,661.50

2016

121.32

1995

189,111.44

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Bank Lending Rate

17.08

May 2018

17.24

Apr 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - May 2018

Updated on 2018-06-27
Business Confidence Growth

48.6

Dec 2017

26.2

Sep 2017

-50.5

Sep 2016

48.6

Dec 2017

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2018-05-09
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

12.95

Jun 2018

13.44

May 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Jun 2018

Updated on 2018-07-23
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017-03-30
Consolidated Fiscal Balance: % of GDP

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-05-21
Consumer Confidence Growth

-13.0

Jun 2018

1.3

Mar 2018

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Jun 2018

Updated on 2018-07-09
Consumer Confidence: Net Balance

21.2

Jun 2018

28.5

Mar 2018

21.2

Jun 2018

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2018

Updated on 2018-07-09
Consumer Price Index CPI Growth

11.2

Jun 2018

11.6

May 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jun 2018

Updated on 2018-07-23
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

11.19

Jun 2018

11.60

May 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-23
Crude Oil: Exports

1,811.10

2017

1,738.00

2016

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2017

Updated on 2018-06-12
Crude Oil: Production

1,660.00

Jun 2018

1,632.00

May 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Jun 2018

Updated on 2018-07-11
Current Account Balance

4,468.6

Mar 2018

3,656.2

Dec 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Direct Investment Abroad

337.2

Mar 2018

321.5

Dec 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Domestic Credit

84,226.6

May 2018

90,055.5

Apr 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
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

38,278.6

Jun 2018

38,104.5

May 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Jun 2018

Updated on 2018-06-29
Exchange Rate against USD

305.371

Jun 2018

305.326

May 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Jun 2018

Updated on 2018-07-02
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

1,568.72

2017

1,151.10

2016

353.80

2001

5,424.01

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Medicinal and Pharmaceutical Product

149.32

2017

155.92

2016

16.73

1997

6,564.54

2007

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

6,497.06

2017

18,735.53

2016

1,104.26

2001

34,433.13

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

116.67

2017

273.82

2016

60.37

2000

2,654.08

2011

USD th

yearly

1995 - 2017

Updated on 2018-07-09
External Debt

22,071.9

Mar 2018

18,913.4

Dec 2017

3,287.7

Mar 2007

22,071.9

Mar 2018

USD mn

quarterly

Dec 2006 - Mar 2018

Updated on 2018-06-21
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

57.2

1991

%

yearly

1985 - 2017

Updated on 2018-05-21
Forecast: Consumer Price Index Growth

14.00

2023

14.00

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

Updated on 2018-07-12
Forecast: Current Account Balance

2.00

2023

2.23

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Exports of Goods Growth

1.53

2023

1.37

2022

-15.34

2002

32.95

2003

%

yearly

1991 - 2023

Updated on 2018-07-12
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 2018-07-12
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 2018-07-12
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 2018-07-12
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 2018-07-12
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 2018-07-12
Forecast: Population

222.04

2023

216.10

2022

68.45

1980

222.04

2023

Person mn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Real GDP Growth

1.95

2023

1.98

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-07-18
Forecast: Unemployment Rate

16.48

2017

13.38

2016

5.09

2010

16.48

2017

%

yearly

2010 - 2017

Updated on 2018-07-12
Foreign Direct Investment

808.6

Mar 2018

959.5

Dec 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Foreign Direct Investment: % of GDP

0.9

Mar 2018

0.9

Dec 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-07-03
Foreign Exchange Reserves

47,119.7

Jul 2018

47,788.5

Jun 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jul 2018

Updated on 2018-08-03
Foreign Exchange Reserves: % of GDP

12.28

Mar 2018

10.56

Dec 2017

5.29

Mar 2015

12.28

Mar 2018

%

quarterly

Dec 2010 - Mar 2018

Updated on 2018-06-11
Foreign Exchange Reserves: Months of Import

15.1

Apr 2018

13.9

Mar 2018

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
Foreign Portfolio Investment

5,141.95

Mar 2018

3,787.16

Dec 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
GDP Deflator Growth

7.3

Mar 2018

5.0

Dec 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
GDP per Capita

1,951.27

2017

2,156.84

2016

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2017

Updated on 2018-06-04
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 2018-05-21
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

364,278.14

2017

395,953.77

2016

4,173.70

1960

549,528.10

2014

USD mn

yearly

1960 - 2017

Updated on 2018-06-29
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

903,549.91

2017

752,308.62

2016

70,479.00

2004

903,549.91

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Medicinal and Pharmaceutical Product

318,240.10

2017

203,518.54

2016

25,695.80

2000

318,240.10

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

1,206,913.82

2017

1,155,546.96

2016

122,950.55

2000

2,586,449.75

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

222,256.39

2017

148,860.52

2016

18,501.00

2004

515,445.68

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-09
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

14.7

2012

89.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-10
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

1.72

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-05-21
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 2018-05-21
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

36,768.26

May 2018

34,973.06

Apr 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Money Supply M2

82,433.20

May 2018

80,366.54

Apr 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
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

45,434.00

2017

42,562.00

2016

4,844.00

1995

45,434.00

2017

Cub m mn

yearly

1995 - 2017

Updated on 2018-06-12
Natural Gas: Exports

32,511.00

2017

25,147.00

2016

740.00

1999

32,511.00

2017

Cub m mn

yearly

1999 - 2017

Updated on 2018-06-12
Nominal GDP

93,232.6

Mar 2018

102,391.9

Dec 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-21
Nominal GDP Growth

9.36

Mar 2018

7.22

Dec 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
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

Jun 2018

14.00

May 2018

6.00

Aug 2010

14.00

Jun 2018

% pa

monthly

Dec 2006 - Jun 2018

Updated on 2018-06-29
Population

190.9

2017

186.0

2016

37.9

1950

190.9

2017

Person mn

yearly

1950 - 2017

Updated on 2018-06-04
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

9.8

1981

81.6

2016

%

yearly

1981 - 2016

Updated on 2018-05-10
Public Consumption Expenditure

4,875.37

Dec 2017

3,821.39

Sep 2017

3,821.39

Sep 2017

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-07-30
Public Consumption: % of GDP

5.4

2016

6.6

2015

0.9

1996

9.4

2007

%

yearly

1981 - 2016

Updated on 2018-05-10
Real Effective Exchange Rate

130.7

Jun 2018

128.6

May 2018

50.9

Mar 1992

703.3

Sep 1984

2005=100

monthly

Dec 1979 - Jun 2018

Updated on 2018-07-26
Real GDP Growth

2.0

Mar 2018

2.1

Dec 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
Reserve Requirement Ratio

22.5

Jun 2018

22.5

May 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Jun 2018

Updated on 2018-06-29
Short Term Interest Rate

15.00

Jun 2018

14.77

May 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Jun 2018

Updated on 2018-07-02
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

72,431.74

2017

71,281.08

2016

4,696.12

1992

104,420.24

2014

USD mn

yearly

1992 - 2017

Updated on 2018-06-19
Total Exports

5,550.7

Mar 2018

5,968.8

Feb 2018

322.9

Oct 1986

11,678.9

Aug 2011

USD mn

monthly

Jan 1981 - Mar 2018

Updated on 2018-06-23
Total Exports Growth

26.3

Apr 2018

34.2

Mar 2018

-74.9

Oct 1986

205.9

Feb 2000

%

monthly

Jan 1982 - Apr 2018

Updated on 2018-07-28
Total Imports

3,140.0

Apr 2018

3,352.9

Mar 2018

230.8

Feb 1986

6,409.5

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
Total Imports Growth

19.0

Apr 2018

19.1

Mar 2018

-66.4

Feb 1986

114.1

Jan 2011

%

monthly

Jan 1982 - Apr 2018

Updated on 2018-07-28
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

2,742.3

Mar 2018

2,884.5

Feb 2018

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Mar 2018

Updated on 2018-06-12
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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