Nigeria Forecast: Current Account Balance
1980 - 2024 | Yearly | USD bn | International Monetary Fund
Nigeria’s Current Account Balance is forecasted to be -0.434 USD bn in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of -1.002 USD bn in Dec 2019. Looking ahead, Nigeria’s Current Account Balance is projected to stand at -1.395 USD bn in Dec 2024. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.
What is Nigeria's Forecast: Current Account Balance in 2024?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
|
-1.395 USD bn 2024 yearly 1980 - 2024 |
-1.586 USD bn 2023 yearly 1980 - 2024 |
-15.763 2015 |
36.529 2005 |
USD bn |
yearly |
1980 - 2024 Updated on 28 Apr 2020 |
Forecast: Current Account Balance by Country Comparison
| Country/Region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (USD bn) |
-0.401 2024 |
yearly |
2002 - 2024 |
| Albania (USD bn) |
-1.401 2024 |
yearly |
1980 - 2024 |
| Algeria (USD bn) |
-12.379 2024 |
yearly |
1980 - 2024 |
| Angola (USD bn) |
-0.982 2024 |
yearly |
1980 - 2024 |
| Antigua and Barbuda (USD bn) |
-0.099 2024 |
yearly |
2014 - 2024 |
| Argentina (USD bn) |
-9.324 2024 |
yearly |
1980 - 2024 |
| Armenia (USD bn) |
-1.053 2024 |
yearly |
1992 - 2024 |
| Australia (USD bn) |
-32.099 2024 |
yearly |
1980 - 2024 |
| Austria (USD bn) |
10.247 2024 |
yearly |
1980 - 2024 |
| Azerbaijan (USD bn) |
4.325 2024 |
yearly |
1992 - 2024 |
| Bahamas (USD bn) |
-0.815 2024 |
yearly |
1980 - 2024 |
| Bahrain (USD bn) |
-1.912 2024 |
yearly |
1980 - 2024 |
| Bangladesh (USD bn) |
-9.781 2024 |
yearly |
1980 - 2024 |
| Barbados (USD bn) |
-0.159 2024 |
yearly |
1980 - 2024 |
| Belarus (USD bn) |
-1.887 2024 |
yearly |
1992 - 2024 |
| Belgium (USD bn) |
-7.989 2024 |
yearly |
1980 - 2024 |
| Belize (USD bn) |
-0.111 2024 |
yearly |
1980 - 2024 |
| Benin (USD bn) |
-1.120 2024 |
yearly |
1980 - 2024 |
| Bhutan (USD bn) |
0.264 2024 |
yearly |
1980 - 2024 |
| Bolivia (USD bn) |
-1.842 2024 |
yearly |
1980 - 2024 |
| Bosnia and Herzegovina (USD bn) |
-1.240 2024 |
yearly |
1998 - 2024 |
| Botswana (USD bn) |
0.685 2024 |
yearly |
1980 - 2024 |
| Brazil (USD bn) |
-37.562 2024 |
yearly |
1980 - 2024 |
| Brunei (USD bn) |
2.831 2024 |
yearly |
1981 - 2024 |
| Bulgaria (USD bn) |
0.290 2024 |
yearly |
1980 - 2024 |
| Burkina Faso (USD bn) |
-0.821 2024 |
yearly |
1980 - 2024 |
| Burundi (USD bn) |
-0.409 2024 |
yearly |
1980 - 2024 |
| Cambodia (USD bn) |
-3.514 2024 |
yearly |
1992 - 2024 |
| Cameroon (USD bn) |
-1.714 2024 |
yearly |
1980 - 2024 |
| Canada (USD bn) |
-36.361 2024 |
yearly |
1980 - 2024 |
| Cape Verde (USD bn) |
-0.103 2024 |
yearly |
1980 - 2024 |
| Central African Republic (USD bn) |
-0.173 2024 |
yearly |
1980 - 2024 |
| Chad (USD bn) |
-0.964 2024 |
yearly |
1980 - 2024 |
| Chile (USD bn) |
-6.716 2024 |
yearly |
1980 - 2024 |
| China (USD bn) |
82.670 2024 |
yearly |
1997 - 2024 |
| Colombia (USD bn) |
-15.970 2024 |
yearly |
1980 - 2024 |
| Comoros (USD bn) |
-0.071 2024 |
yearly |
1980 - 2024 |
| Congo, Republic of (USD bn) |
-0.241 2024 |
yearly |
1980 - 2024 |
| Costa Rica (USD bn) |
-2.622 2024 |
yearly |
1980 - 2024 |
| Croatia (USD bn) |
-0.023 2024 |
yearly |
1992 - 2024 |
| Cyprus (USD bn) |
-1.582 2024 |
yearly |
1980 - 2024 |
| Czech Republic (USD bn) |
-2.099 2024 |
yearly |
1995 - 2024 |
| Congo, Democratic Republic of (USD bn) |
-2.887 2024 |
yearly |
1980 - 2024 |
| Denmark (USD bn) |
19.749 2024 |
yearly |
1980 - 2024 |
| Djibouti (USD bn) |
0.121 2024 |
yearly |
1991 - 2024 |
| Dominica (USD bn) |
-0.073 2024 |
yearly |
2014 - 2024 |
| Dominican Republic (USD bn) |
-3.173 2024 |
yearly |
1980 - 2024 |
| Ecuador (USD bn) |
2.151 2024 |
yearly |
1980 - 2024 |
| Egypt (USD bn) |
-11.144 2024 |
yearly |
1980 - 2024 |
| El Salvador (USD bn) |
-1.745 2024 |
yearly |
1980 - 2024 |
| Equatorial Guinea (USD bn) |
-0.627 2024 |
yearly |
1987 - 2024 |
| Eritrea (USD bn) |
0.085 2024 |
yearly |
1993 - 2024 |
| Estonia (USD bn) |
-0.321 2024 |
yearly |
1993 - 2024 |
| Eswatini (USD bn) |
0.237 2024 |
yearly |
1980 - 2024 |
| Ethiopia (USD bn) |
-5.690 2024 |
yearly |
1980 - 2024 |
| Fiji (USD bn) |
-0.404 2024 |
yearly |
1980 - 2024 |
| Finland (USD bn) |
1.253 2024 |
yearly |
1980 - 2024 |
| France (USD bn) |
-14.151 2024 |
yearly |
1980 - 2024 |
| Gabon (USD bn) |
0.901 2024 |
yearly |
1980 - 2024 |
| Gambia (USD bn) |
-0.282 2024 |
yearly |
1980 - 2024 |
| Georgia (USD bn) |
-1.256 2024 |
yearly |
1995 - 2024 |
| Germany (USD bn) |
270.314 2024 |
yearly |
1980 - 2024 |
| Ghana (USD bn) |
-1.815 2024 |
yearly |
1980 - 2024 |
| Greece (USD bn) |
-11.591 2024 |
yearly |
1980 - 2024 |
| Grenada (USD bn) |
-0.141 2024 |
yearly |
2014 - 2024 |
| Guatemala (USD bn) |
-1.176 2024 |
yearly |
1980 - 2024 |
| Guinea (USD bn) |
-1.978 2024 |
yearly |
1980 - 2024 |
| Guinea-Bissau (USD bn) |
-0.045 2024 |
yearly |
1980 - 2024 |
| Guyana (USD bn) |
0.265 2024 |
yearly |
1980 - 2024 |
| Haiti (USD bn) |
-0.267 2024 |
yearly |
1980 - 2024 |
| Honduras (USD bn) |
-1.179 2024 |
yearly |
1980 - 2024 |
| Hong Kong SAR, China (USD bn) |
18.782 2024 |
yearly |
1980 - 2024 |
| Hungary (USD bn) |
-0.032 2024 |
yearly |
1980 - 2024 |
| Iceland (USD bn) |
0.083 2024 |
yearly |
1980 - 2024 |
| India (USD bn) |
-116.210 2024 |
yearly |
1980 - 2024 |
| Indonesia (USD bn) |
-39.636 2024 |
yearly |
1980 - 2024 |
| Iran (USD bn) |
-20.502 2024 |
yearly |
1980 - 2024 |
| Iraq (USD bn) |
-20.624 2024 |
yearly |
2001 - 2024 |
| Ireland (USD bn) |
28.236 2024 |
yearly |
1980 - 2024 |
| Israel (USD bn) |
12.926 2024 |
yearly |
1980 - 2024 |
| Italy (USD bn) |
46.408 2024 |
yearly |
1980 - 2024 |
| Ivory Coast (USD bn) |
-2.115 2024 |
yearly |
1980 - 2024 |
| Jamaica (USD bn) |
-0.607 2024 |
yearly |
1980 - 2024 |
| Japan (USD bn) |
228.629 2024 |
yearly |
1980 - 2024 |
| Jordan (USD bn) |
-3.445 2024 |
yearly |
1980 - 2024 |
| Kazakhstan (USD bn) |
-2.334 2024 |
yearly |
1992 - 2024 |
| Kenya (USD bn) |
-7.394 2024 |
yearly |
1980 - 2024 |
| Kiribati (USD bn) |
-0.010 2024 |
yearly |
1980 - 2024 |
| South Korea (USD bn) |
58.114 2024 |
yearly |
1980 - 2024 |
| Kosovo (USD bn) |
-0.784 2024 |
yearly |
2000 - 2024 |
| Kuwait (USD bn) |
5.274 2024 |
yearly |
1980 - 2024 |
| Kyrgyzstan (USD bn) |
-1.019 2024 |
yearly |
1992 - 2024 |
| Laos (USD bn) |
-3.234 2024 |
yearly |
1980 - 2024 |
| Latvia (USD bn) |
-1.566 2024 |
yearly |
1992 - 2024 |
| Lebanon (USD bn) |
-16.889 2024 |
yearly |
1980 - 2024 |
| Lesotho (USD bn) |
-0.193 2024 |
yearly |
1980 - 2024 |
| Liberia (USD bn) |
-0.548 2024 |
yearly |
2000 - 2024 |
| Libya (USD bn) |
-3.053 2024 |
yearly |
1980 - 2024 |
| Lithuania (USD bn) |
-0.524 2024 |
yearly |
1993 - 2024 |
| Luxembourg (USD bn) |
3.959 2024 |
yearly |
1995 - 2024 |
| Macau SAR, China (USD bn) |
18.281 2024 |
yearly |
2002 - 2024 |
| North Macedonia (USD bn) |
-0.345 2024 |
yearly |
1992 - 2024 |
| Madagascar (USD bn) |
-0.753 2024 |
yearly |
1980 - 2024 |
| Malawi (USD bn) |
-1.070 2024 |
yearly |
1980 - 2024 |
| Malaysia (USD bn) |
4.689 2024 |
yearly |
1980 - 2024 |
| Maldives (USD bn) |
-0.745 2024 |
yearly |
1980 - 2024 |
| Mali (USD bn) |
-1.670 2024 |
yearly |
1980 - 2024 |
| Malta (USD bn) |
1.237 2024 |
yearly |
1995 - 2024 |
| Marshall Islands (USD bn) |
-0.001 2024 |
yearly |
1995 - 2024 |
| Mauritania (USD bn) |
-0.574 2024 |
yearly |
1990 - 2024 |
| Mauritius (USD bn) |
-0.939 2024 |
yearly |
1980 - 2024 |
| Mexico (USD bn) |
-32.148 2024 |
yearly |
1980 - 2024 |
| Micronesia (USD bn) |
-0.018 2024 |
yearly |
1995 - 2024 |
| Moldova (USD bn) |
-1.049 2024 |
yearly |
1992 - 2024 |
| Mongolia (USD bn) |
-1.691 2024 |
yearly |
1991 - 2024 |
| Montenegro (USD bn) |
-0.673 2024 |
yearly |
2001 - 2024 |
| Morocco (USD bn) |
-4.519 2024 |
yearly |
1980 - 2024 |
| Mozambique (USD bn) |
-9.526 2024 |
yearly |
1980 - 2024 |
| Myanmar (USD bn) |
-4.692 2024 |
yearly |
1999 - 2024 |
| Namibia (USD bn) |
-0.831 2024 |
yearly |
1990 - 2024 |
| Nepal (USD bn) |
-2.389 2024 |
yearly |
1980 - 2024 |
| Netherlands (USD bn) |
93.670 2024 |
yearly |
1980 - 2024 |
| New Zealand (USD bn) |
-11.628 2024 |
yearly |
1980 - 2024 |
| Nicaragua (USD bn) |
-0.132 2024 |
yearly |
1980 - 2024 |
| Niger (USD bn) |
-1.839 2024 |
yearly |
1980 - 2024 |
| Nigeria (USD bn) |
-1.395 2024 |
yearly |
1980 - 2024 |
| Norway (USD bn) |
27.670 2024 |
yearly |
1980 - 2024 |
| Oman (USD bn) |
-8.215 2024 |
yearly |
1980 - 2024 |
| Pakistan (USD bn) |
-13.096 2019 |
yearly |
1980 - 2019 |
| Palau (USD bn) |
-0.070 2024 |
yearly |
2000 - 2024 |
| Panama (USD bn) |
-5.413 2024 |
yearly |
1980 - 2024 |
| Papua New Guinea (USD bn) |
6.016 2024 |
yearly |
1980 - 2024 |
| Paraguay (USD bn) |
1.022 2024 |
yearly |
1980 - 2024 |
| Peru (USD bn) |
-5.368 2024 |
yearly |
1980 - 2024 |
| Philippines (USD bn) |
-10.648 2024 |
yearly |
1980 - 2024 |
| Poland (USD bn) |
-16.295 2024 |
yearly |
1980 - 2024 |
| Portugal (USD bn) |
-4.391 2024 |
yearly |
1980 - 2024 |
| Qatar (USD bn) |
7.573 2024 |
yearly |
1980 - 2024 |
| Romania (USD bn) |
-15.148 2024 |
yearly |
1980 - 2024 |
| Russia (USD bn) |
62.343 2024 |
yearly |
1992 - 2024 |
| Rwanda (USD bn) |
-1.272 2024 |
yearly |
1980 - 2024 |
| Saint Kitts and Nevis (USD bn) |
-0.172 2024 |
yearly |
2014 - 2024 |
| Saint Lucia (USD bn) |
0.019 2024 |
yearly |
2014 - 2024 |
| Saint Vincent and the Grenadines (USD bn) |
-0.095 2024 |
yearly |
2014 - 2024 |
| Samoa (USD bn) |
-0.013 2024 |
yearly |
1980 - 2024 |
| San Marino (USD bn) |
0.004 2024 |
yearly |
2017 - 2024 |
| Sao Tome and Principe (USD bn) |
-0.041 2024 |
yearly |
1980 - 2024 |
| Saudi Arabia (USD bn) |
-16.065 2024 |
yearly |
1980 - 2024 |
| Senegal (USD bn) |
-1.307 2024 |
yearly |
1980 - 2024 |
| Serbia (USD bn) |
-3.110 2024 |
yearly |
1998 - 2024 |
| Seychelles (USD bn) |
-0.350 2024 |
yearly |
1980 - 2024 |
| Sierra Leone (USD bn) |
-0.440 2024 |
yearly |
1980 - 2024 |
| Singapore (USD bn) |
66.027 2024 |
yearly |
1980 - 2024 |
| Slovakia (USD bn) |
0.073 2024 |
yearly |
1993 - 2024 |
| Slovenia (USD bn) |
0.989 2024 |
yearly |
1992 - 2024 |
| Solomon Islands (USD bn) |
-0.137 2024 |
yearly |
1980 - 2024 |
| South Africa (USD bn) |
-20.548 2024 |
yearly |
1980 - 2024 |
| Spain (USD bn) |
17.592 2024 |
yearly |
1980 - 2024 |
| Sri Lanka (USD bn) |
-2.613 2024 |
yearly |
1980 - 2024 |
| Sudan (USD bn) |
-3.885 2024 |
yearly |
1980 - 2024 |
| Suriname (USD bn) |
-0.137 2024 |
yearly |
1980 - 2024 |
| Sweden (USD bn) |
16.370 2024 |
yearly |
1980 - 2024 |
| Switzerland (USD bn) |
87.091 2024 |
yearly |
1980 - 2024 |
| Syria (USD bn) |
-1.707 2010 |
yearly |
1980 - 2010 |
| Taiwan (USD bn) |
59.948 2024 |
yearly |
1984 - 2024 |
| Tajikistan (USD bn) |
-0.599 2024 |
yearly |
1992 - 2024 |
| Tanzania (USD bn) |
-2.424 2024 |
yearly |
1980 - 2024 |
| Thailand (USD bn) |
25.630 2024 |
yearly |
1980 - 2024 |
| Timor-Leste (USD bn) |
-0.331 2024 |
yearly |
2000 - 2024 |
| Togo (USD bn) |
-0.376 2024 |
yearly |
1980 - 2024 |
| Tonga (USD bn) |
-0.072 2024 |
yearly |
1980 - 2024 |
| Trinidad and Tobago (USD bn) |
0.645 2024 |
yearly |
1980 - 2024 |
| Tunisia (USD bn) |
-2.564 2024 |
yearly |
1980 - 2024 |
| Turkey (USD bn) |
-21.378 2024 |
yearly |
1980 - 2024 |
| Turkmenistan (USD bn) |
-6.067 2024 |
yearly |
1992 - 2024 |
| Tuvalu (USD bn) |
0.001 2024 |
yearly |
2001 - 2024 |
| Uganda (USD bn) |
-0.792 2024 |
yearly |
1980 - 2024 |
| Ukraine (USD bn) |
-6.651 2024 |
yearly |
1992 - 2024 |
| United Arab Emirates (USD bn) |
25.085 2024 |
yearly |
1980 - 2024 |
| United Kingdom (USD bn) |
-115.444 2024 |
yearly |
1980 - 2024 |
| United States (USD bn) |
-586.545 2024 |
yearly |
1980 - 2024 |
| Uruguay (USD bn) |
-1.358 2024 |
yearly |
2012 - 2024 |
| Uzbekistan (USD bn) |
-4.745 2024 |
yearly |
1992 - 2024 |
| Vanuatu (USD bn) |
-0.046 2024 |
yearly |
1980 - 2024 |
| Venezuela (USD bn) |
2.075 2021 |
yearly |
1980 - 2021 |
| Vietnam (USD bn) |
3.950 2024 |
yearly |
1980 - 2024 |
| Yemen (USD bn) |
-0.233 2024 |
yearly |
1990 - 2024 |
| Zambia (USD bn) |
-0.489 2024 |
yearly |
1980 - 2024 |
| Zimbabwe (USD bn) |
-0.456 2024 |
yearly |
1980 - 2024 |
Nigeria Key Series
| Production | Last | Frequency | Range |
|---|---|---|---|
| Industrial Production Index Growth (%) |
-10.1 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Minerals Production (Metric Ton) |
136,888,431.000 2018 |
yearly |
2009 - 2018 |
| Gold Production (kg) |
20.000 2017 |
yearly |
1993 - 2017 |
| Motor Vehicle Production (Unit) |
2,040.000 2008 |
yearly |
1999 - 2008 |
| Industrial Production Index (2010=100) |
97.600 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Industrial Production Index: Manufacturing (2010=100) |
181.500 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Industrial Production Index: Mining (2010=100) |
56.400 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Capacity Utilization Rate: Manufacturing (%) |
55.000 Dec 2018 |
quarterly |
Dec 2008 - Dec 2018 |
| Electricity Generation: Average per Hour (MWh) |
3,630.500 Dec 2019 |
quarterly |
Mar 2005 - Dec 2019 |
| Electricity Consumption: Average per Hour (MWh) |
3,123.500 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) |
-3.2 Mar 2020 |
quarterly |
Dec 2010 - Mar 2020 |
| Consolidated Fiscal Balance (USD mn) |
-4,673.639 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| National Government Debt (USD mn) |
74,350.1 Jun 2020 |
quarterly |
Dec 2006 - Jun 2020 |
| Government Debt: % of GDP (%) |
18.2 Jun 2020 |
quarterly |
Dec 2010 - Jun 2020 |
| Forecast: Government Expenditure (NGN bn) |
30,277.552 2024 |
yearly |
1990 - 2024 |
| Forecast: Government Net Debt (NGN bn) |
89,098.797 2024 |
yearly |
1990 - 2024 |
| Forecast: Government Revenue (NGN bn) |
19,020.111 2024 |
yearly |
1990 - 2024 |
| Gross Federation Account Revenue (NGN bn) |
2,527.270 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Federal Govt Balance (NGN bn) |
-1,462.910 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Gross Federation Account Revenue: Oil (NGN bn) |
1,563.650 Dec 2019 |
quarterly |
Mar 2005 - Dec 2019 |
| Federal Govt Revenue (NGN bn) |
864.880 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Federal Govt Expenditure (NGN bn) |
2,074.460 Dec 2019 |
quarterly |
Mar 2005 - Dec 2019 |
| Federal Govt Expenditure: Recurrent (NGN bn) |
1,513.940 Dec 2019 |
quarterly |
Mar 2005 - Dec 2019 |
| Federal Govt Expenditure: Capital (NGN bn) |
472.540 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Government Debt: Domestic (NGN bn) |
15,455.699 Jun 2020 |
quarterly |
Dec 2005 - Jun 2020 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Population (Person mn) |
206.1 2020 |
yearly |
1950 - 2020 |
| Labour Force Participation Rate (%) |
52.7 2020 |
yearly |
1990 - 2020 |
| Employed Persons (Person) |
58,527,276.300 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Unemployment Rate (%) |
27.11 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Productivity Growth (%) |
1.14 Sep 2018 |
quarterly |
Mar 2013 - Sep 2018 |
| Forecast: Population (Person mn) |
227.713 2024 |
yearly |
1980 - 2024 |
| Forecast: Employment (Person mn) |
0.000 |
yearly |
- |
| Forecast: Unemployment Rate (%) |
22.562 2018 |
yearly |
2010 - 2018 |
| Population: Male (Person mn) |
101.447 2017 |
yearly |
2006 - 2017 |
| Population: Female (Person mn) |
98.234 2017 |
yearly |
2006 - 2017 |
| Labour Force: Economically Active (Person) |
80,291,894.000 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Employment: Male (Person) |
21,144,497.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Labour Force: Economically Active: Employment Female (Person) |
14,440,777.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Labour Force: Unemployment: Male (Person) |
9,561,739.700 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Employment (Person) |
58,527,276.300 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Unemployment: Female (Person) |
12,202,877.500 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Unemployment (Person) |
21,764,617.200 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Male (Person) |
41,664,913.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Labour Force: Economically Active: Female (Person) |
38,626,981.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Unemployment Rate (%) |
27.107 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| NG: Employment Index (2010=100) |
112.760 2017 |
yearly |
2010 - 2017 |
| Domestic Trade and Household Survey | Last | Frequency | Range |
|---|---|---|---|
| Motor Vehicles Sales (Unit) |
9,800 2019 |
yearly |
2005 - 2019 |
| Motor Vehicles Sales Growth (%) |
-42.4 2019 |
yearly |
2006 - 2019 |
| Motor Vehicle Sales: Commercial Cars (Unit) |
4,700.000 Dec 2019 |
semiannually |
Dec 2005 - Dec 2019 |
| Motor Vehicle Sales: Passenger Cars (Unit) |
5,100.000 Dec 2019 |
semiannually |
Dec 2005 - Dec 2019 |
| Consumer Confidence: Net Balance (% Point) |
23.7 Jun 2020 |
quarterly |
Jun 2009 - Jun 2020 |
| Consumer Confidence Growth (% Point) |
-6.8 Jun 2020 |
quarterly |
Jun 2010 - Jun 2020 |
| Inflation | Last | Frequency | Range |
|---|---|---|---|
| Consumer Price Index CPI Growth (%) |
13.2 Aug 2020 |
monthly |
Jan 1961 - Aug 2020 |
| Core CPI Change (%) |
11.068 Aug 2020 |
monthly |
Jan 1996 - Aug 2020 |
| CPI: Food and Non Alcoholic Beverage Change (%) |
15.915 Aug 2020 |
monthly |
Jan 1996 - Aug 2020 |
| Forecast: Consumer Price Index Growth (%) |
12.370 2021 |
yearly |
1996 - 2021 |
| Consumer Price Index (Nov2009=100) |
334.572 Aug 2020 |
monthly |
Jan 1995 - Aug 2020 |
| Consumer Price Index: Food and Non Alcoholic Beverages (Nov2009=100) |
373.317 Aug 2020 |
monthly |
Jan 1995 - Aug 2020 |
| Consumer Price Index: Alcoholic Beverages, Tobacco and Kola (Nov2009=100) |
254.923 Aug 2020 |
monthly |
Jan 1995 - Aug 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Trade Balance (USD mn) |
-2,239.0 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Total Exports (USD mn) |
2,764.0 May 2020 |
monthly |
Jan 1981 - May 2020 |
| Total Exports Growth (%) |
-46.9 May 2020 |
monthly |
Jan 1982 - May 2020 |
| Aluminum: Exports (USD th) |
219.434 2019 |
yearly |
1995 - 2019 |
| Exports: Medicament (USD th) |
2,058.678 2019 |
yearly |
1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) |
374.584 2019 |
yearly |
1995 - 2019 |
| Total Imports (USD mn) |
1,871.8 May 2020 |
monthly |
Jan 1981 - May 2020 |
| Total Imports Growth (%) |
-44.4 May 2020 |
monthly |
Jan 1982 - May 2020 |
| Forecast: Exports of Goods Growth (%) |
2.507 2024 |
yearly |
1991 - 2024 |
| Imports: Medicament (USD th) |
972,000.088 2019 |
yearly |
1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) |
303,920.333 2019 |
yearly |
1995 - 2019 |
| Total Exports to USA (USD mn) |
39.181 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Total Imports from USA (USD mn) |
440.409 Jun 2020 |
monthly |
Dec 2009 - Jun 2020 |
| Total Exports to China (USD mn) |
344.800 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Total Imports from China (USD mn) |
1,452.891 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Exports: Crude Oil (NGN mn) |
662,778.227 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Trade Balance (NGN mn) |
-162,246.254 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Exports (NGN mn) |
965,633.840 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Exports: Europe: ow UK (NGN mn) |
16,804.572 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Exports: Europe: ow Netherlands (NGN mn) |
79,219.039 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Exports: America: ow USA (NGN mn) |
21,497.458 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Europe: ow Germany (NGN mn) |
47,363.917 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Europe: ow UK (NGN mn) |
32,892.642 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Europe: ow Netherlands (NGN mn) |
24,669.374 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Asia: ow China (NGN mn) |
388,762.256 Mar 2020 |
monthly |
Jan 2007 - Mar 2020 |
| Imports: America: ow USA (NGN mn) |
129,241.013 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) |
31,542.858 2019 |
yearly |
2003 - 2019 |
| Exports: Vegetable Products (NGN mn) |
155,226.703 2019 |
yearly |
2003 - 2019 |
| Exports: Mineral Products (NGN mn) |
18,012,406.653 2018 |
yearly |
2003 - 2018 |
| Imports (NGN mn) |
1,127,880.093 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Food and Live Animals (NGN mn) |
152,121.791 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) |
19,264.671 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Chemicals and Chemical Products (NGN mn) |
145,305.290 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Manufactured Goods (NGN mn) |
90,534.292 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Imports: Machinery and Transport Equipment (NGN mn) |
599,380.267 Mar 2020 |
monthly |
Jan 2003 - Mar 2020 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) |
360.8 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Current Account Balance (USD mn) |
-4,881.7 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Current Account Balance: % of GDP (%) |
-4.3 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Foreign Direct Investment (USD mn) |
427.8 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Foreign Direct Investment: % of GDP (%) |
0.4 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) |
-1,414.2 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Foreign Portfolio Investment: % of GDP (%) |
-7.3 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Foreign Portfolio Investment (USD mn) |
-8,335.657 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Foreign Portfolio Investment: Debt Securities (USD mn) |
-6,921.495 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| External Debt (USD mn) |
8,991.3 Mar 2013 |
quarterly |
Jun 2011 - Mar 2013 |
| External Debt: % of GDP (%) |
1.9 2012 |
yearly |
2011 - 2012 |
| External Debt: Short Term (USD mn) |
310.7 2018 |
yearly |
2008 - 2018 |
| External Debt: Short Term: % of GDP (%) |
0.1 2018 |
yearly |
2008 - 2018 |
| Forecast: Current Account Balance (USD bn) |
-1.395 2024 |
yearly |
1980 - 2024 |
| Net International Investment Position (USD mn) |
-72,916.692 2019 |
yearly |
2005 - 2019 |
| BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) |
-99.940 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Assets: Other Investment (USD mn) |
-1,144.953 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Assets (USD mn) |
2,780.029 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Current Transfers: Debit (USD mn) |
-139.810 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Current Transfers (USD mn) |
6,148.454 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account (USD mn) |
-6,300.421 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Current Transfers: Credit (USD mn) |
6,288.264 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Assets: Direct Investment (USD mn) |
-360.759 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Capital Account (USD mn) |
0.000 Dec 2019 |
quarterly |
Mar 2008 - Dec 2019 |
| BoP: CA: Income: Credit (USD mn) |
542.555 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Goods: Credit (USD mn) |
13,389.360 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) |
-1,172.552 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Services (USD mn) |
-7,776.338 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Goods (USD mn) |
-439.906 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Services: Credit (USD mn) |
1,120.401 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) |
-8,335.657 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) |
4,385.681 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Financial Account: Liabilities (USD mn) |
-9,080.450 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Services: Debit (USD mn) |
-8,896.739 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: Net Errors & Omission (USD mn) |
11,182.152 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Goods: Debit (USD mn) |
-13,829.265 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Income (USD mn) |
-2,813.940 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Income: Debit (USD mn) |
-3,356.495 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| External Debt: Government (USD mn) |
31,477.140 Jun 2020 |
quarterly |
Dec 2006 - Jun 2020 |
| External Debt: Government: International Capital Market (USD mn) |
10,868.350 Jun 2020 |
quarterly |
Mar 2011 - Jun 2020 |
| External Debt: Service Payments (USD mn) |
194.440 Dec 2018 |
quarterly |
Mar 2008 - Dec 2018 |
| Capital Inflow: Foreign Direct Investment (USD) |
121,386,927.600 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) |
11.4 2018 |
yearly |
2003 - 2018 |
| Money Supply M1 (USD mn) |
34,901.945 Jul 2020 |
monthly |
Nov 1992 - Jul 2020 |
| Money Supply M2 (USD mn) |
92,501.055 Jul 2020 |
monthly |
Nov 1992 - Jul 2020 |
| M2 Growth (%) |
17.9 Jul 2020 |
monthly |
Nov 1993 - Jul 2020 |
| Reserve Requirement Ratio (%) |
27.5 Aug 2020 |
monthly |
Nov 2005 - Aug 2020 |
| Foreign Exchange Reserves (USD mn) |
35,671.3 Aug 2020 |
monthly |
Jan 1960 - Aug 2020 |
| Foreign Exchange Reserves: % of GDP (%) |
7.765 Jun 2020 |
quarterly |
Dec 2010 - Jun 2020 |
| Foreign Exchange Reserves: Months of Import (NA) |
19.3 May 2020 |
monthly |
Jan 1981 - May 2020 |
| Gold Reserves (USD mn) |
0.062 Jan 2018 |
monthly |
Dec 1950 - Jan 2018 |
| Total Deposits (USD mn) |
84,227.541 Dec 2019 |
monthly |
Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) |
2.6 Dec 2019 |
monthly |
Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) |
110,155.7 Jul 2020 |
monthly |
Nov 1992 - Jul 2020 |
| Domestic Credit Growth (%) |
18.8 Jul 2020 |
monthly |
Nov 1993 - Jul 2020 |
| Private Debt: % of Nominal GDP (%) |
11.06 Jun 2020 |
quarterly |
Dec 2010 - Jun 2020 |
| Monetary Survey: Liabilities: M3 (NGN mn) |
35,345,802.020 Jun 2020 |
monthly |
Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: M2 (NGN mn) |
32,171,336.260 Jun 2020 |
monthly |
Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) |
12,386,831.120 May 2020 |
monthly |
Nov 1992 - May 2020 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) |
20,103,701.130 May 2020 |
monthly |
Nov 1992 - May 2020 |
| Monetary Survey: Liabilities: Base Money (NGN mn) |
12,968,506.550 May 2020 |
monthly |
Jan 1993 - May 2020 |
| Non Performing Loans to Gross Loans (%) |
9.335 Jun 2019 |
semiannually |
Dec 2003 - Jun 2019 |
| Banking Statistics | Last | Frequency | Range |
|---|---|---|---|
| Liquid Assets Ratio (%) |
32.5 Mar 2020 |
monthly |
Jun 2001 - Mar 2020 |
| Capital Adequacy Ratio (%) |
15.3 2018 |
yearly |
2004 - 2018 |
| Monetary Authorities: Assets (NGN mn) |
43,854,805.160 Dec 2019 |
monthly |
Dec 2001 - Dec 2019 |
| Central Bank of Nigeria: Assets (NGN th) |
29,478,837,009.000 Oct 2019 |
monthly |
Jan 2005 - Oct 2019 |
| Banking Sector: Regulatory Capital to Risk Weighted Assets (%) |
15.272 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Tier 1 Capital to Risk Weighted Assets (%) |
13.555 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Liquid Assets to Total Assets (%) |
22.640 Dec 2018 |
semiannually |
Jun 2008 - Dec 2018 |
| Banking Sector: Liquid Assets to Short Term Liabilities (%) |
35.106 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Return on Assets (%) |
2.529 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Interest Margin to Gross Income (%) |
67.270 Dec 2018 |
semiannually |
Jun 2008 - Dec 2018 |
| Interest and Foreign Exchange Rates | Last | Frequency | Range |
|---|---|---|---|
| Bank Lending Rate (% pa) |
11.760 Aug 2020 |
monthly |
Jan 2006 - Aug 2020 |
| Exchange Rate against USD (NGN/USD) |
376.786 Aug 2020 |
monthly |
Jan 1957 - Aug 2020 |
| Policy Rate (% pa) |
12.50 Aug 2020 |
monthly |
Dec 2006 - Aug 2020 |
| Short Term Interest Rate (% pa) |
3.18 Aug 2020 |
monthly |
Jan 2010 - Aug 2020 |
| Real Effective Exchange Rate (2005=100) |
136.0 Aug 2020 |
monthly |
Dec 1979 - Aug 2020 |
| Deposit Rate: Savings Deposits (% pa) |
3.780 Aug 2020 |
monthly |
Jan 2006 - Aug 2020 |
| Prime Lending Rate (% pa) |
11.760 Aug 2020 |
monthly |
Jan 2006 - Aug 2020 |
| Energy | Last | Frequency | Range |
|---|---|---|---|
| Electricity Production (GWh) |
7,720 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Natural Gas Production: OPEC: Marketed Production (Cub m mn) |
47,827.878 2019 |
yearly |
1963 - 2019 |
| Natural Gas: Exports (Cub m mn) |
35,953.100 2019 |
yearly |
1960 - 2019 |
| Crude Oil: Production (Barrel/Day th) |
1,482.000 Aug 2020 |
monthly |
Jan 2002 - Aug 2020 |
| Crude Oil: Exports (Barrel/Day th) |
2,008.228 2019 |
yearly |
1980 - 2019 |
| Tourism | Last | Frequency | Range |
|---|---|---|---|
| Visitor Arrivals (Person) |
5,265,000 2016 |
yearly |
1995 - 2016 |
| Visitor Arrivals Growth (%) |
-12.5 2016 |
yearly |
1996 - 2016 |
| Tourism Revenue (USD mn) |
1,977 2018 |
yearly |
1995 - 2018 |
| Tourism Revenue Growth (%) |
-24.4 2018 |
yearly |
1996 - 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence: Net Balance (% Point) |
0.6 Aug 2020 |
monthly |
Feb 2018 - Aug 2020 |
| Business Confidence Growth (% Point) |
-18.8 Aug 2020 |
monthly |
Jul 2015 - Aug 2020 |
| Financial Market | Last | Frequency | Range |
|---|---|---|---|
| Equity Market Index (03Jan1984=100) |
25,327.1 Aug 2020 |
monthly |
Jan 1985 - Aug 2020 |
| Market Capitalization: % of GDP (%) |
9.0 2019 |
yearly |
1985 - 2019 |
| Market Capitalization (USD mn) |
35,067.479 Aug 2020 |
monthly |
Jan 1985 - Aug 2020 |
| P/E ratio (NA) |
19.113 2019 |
yearly |
2014 - 2019 |
| Market Capitalization: Nigeria Stock Exchange (NGN tn) |
29.456 Aug 2020 |
monthly |
Jun 2008 - Aug 2020 |
| Shares Trading: Nigeria Stock Exchange: Volume (Unit bn) |
5.560 May 2020 |
monthly |
Jan 2008 - May 2020 |
| Shares Trading: Nigeria Stock Exchange: Value (NGN bn) |
64.180 Dec 2019 |
monthly |
Jan 2008 - Dec 2019 |
| Transport and Telecommunications | Last | Frequency | Range |
|---|---|---|---|
| Motor Vehicle Registered (Unit th) |
3,750.000 2015 |
yearly |
2005 - 2015 |
| Container Port Throughput (TEU) |
1,210,000.000 2018 |
yearly |
2008 - 2018 |
| Liner Shipping Connectivity Index (2004=100) |
18.960 2018 |
yearly |
2004 - 2018 |
| Number of Subscriber Fixed Line (Unit) |
140,491.000 2018 |
yearly |
1960 - 2018 |
| Number of Subscriber Mobile (Person) |
172,730,603.000 2018 |
yearly |
1960 - 2018 |
| Teledensity: Fixed Line (Number) |
0.072 2018 |
yearly |
1960 - 2018 |
| Teledensity: Mobile (Number) |
88.184 2018 |
yearly |
1960 - 2018 |
| Exports: ICT Goods (USD th) |
40.102 2018 |
yearly |
2000 - 2018 |
| Exports: Telecommunication Equipment (USD th) |
7,540.792 2019 |
yearly |
1995 - 2019 |
| Exports: Television (USD th) |
933.276 2019 |
yearly |
1995 - 2019 |
| Imports: ICT Goods (USD th) |
1,323,695.494 2018 |
yearly |
2000 - 2018 |
| Imports: Telecommunication Equipment (USD th) |
1,318,760.821 2019 |
yearly |
1995 - 2019 |
| Imports: Television (USD th) |
217,089.167 2019 |
yearly |
1995 - 2019 |
| Passenger Traffic: Airport (Person) |
17,230,438.000 2018 |
yearly |
2003 - 2018 |