Nigeria Forecast: Government Net Debt
1990 - 2024 | Yearly | NGN bn | International Monetary Fund
Nigeria’s Government Net Debt is forecasted to be 50,418.276 NGN bn in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of 43,219.087 NGN bn in Dec 2019. Looking ahead, Nigeria’s Government Net Debt is projected to stand at 89,098.797 NGN bn in Dec 2024. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Gross Debt.
What is Nigeria's Forecast: Government Net Debt in 2024?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
|
89,098.797 NGN bn 2024 yearly 1990 - 2024 |
77,841.355 NGN bn 2023 yearly 1990 - 2024 |
358.177 1990 |
89,098.797 2024 |
NGN bn |
yearly |
1990 - 2024 Updated on 28 Apr 2020 |
Forecast: Government Net Debt by Country Comparison
| Country/Region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (AFA bn) |
0.000 |
yearly |
- |
| Albania (ALL bn) |
1,365.912 2024 |
yearly |
1997 - 2024 |
| Algeria (DZD bn) |
15,955.787 2024 |
yearly |
1991 - 2024 |
| Angola (AOA bn) |
36,477.786 2024 |
yearly |
2000 - 2024 |
| Antigua and Barbuda (XCD bn) |
5.554 2024 |
yearly |
1990 - 2024 |
| Argentina (ARS bn) |
57,719.622 2024 |
yearly |
1992 - 2024 |
| Armenia (AMD bn) |
4,816.936 2024 |
yearly |
1996 - 2024 |
| Australia (AUD bn) |
899.880 2024 |
yearly |
1989 - 2024 |
| Austria (EUR bn) |
267.072 2024 |
yearly |
1988 - 2024 |
| Azerbaijan (AZN bn) |
9.690 2024 |
yearly |
1995 - 2024 |
| Bahamas (BSD bn) |
9.468 2024 |
yearly |
1990 - 2024 |
| Bahrain (BHD bn) |
21.177 2024 |
yearly |
1990 - 2024 |
| Bangladesh (BDT bn) |
14,438.571 2023 |
yearly |
2003 - 2023 |
| Barbados (BBD bn) |
10.954 2024 |
yearly |
1994 - 2024 |
| Belarus (BYN bn) |
92.459 2024 |
yearly |
2004 - 2024 |
| Belgium (EUR bn) |
501.028 2024 |
yearly |
1980 - 2024 |
| Belize (BZD bn) |
4.122 2023 |
yearly |
2001 - 2023 |
| Benin (XOF bn) |
4,367.713 2024 |
yearly |
1999 - 2024 |
| Bhutan (BTN bn) |
239.140 2024 |
yearly |
1993 - 2024 |
| Bolivia (BOB bn) |
266.717 2024 |
yearly |
2000 - 2024 |
| Bosnia and Herzegovina (BAM bn) |
13.308 2024 |
yearly |
1998 - 2024 |
| Botswana (BWP bn) |
28.774 2024 |
yearly |
1998 - 2024 |
| Brazil (BRL bn) |
9,366.648 2024 |
yearly |
2000 - 2024 |
| Brunei (BND bn) |
0.473 2024 |
yearly |
1980 - 2024 |
| Bulgaria (BGN bn) |
21.954 2024 |
yearly |
1998 - 2024 |
| Burkina Faso (XOF bn) |
5,201.322 2024 |
yearly |
2002 - 2024 |
| Burundi (BIF bn) |
13,729.364 2024 |
yearly |
2000 - 2024 |
| Cambodia (KHR bn) |
57,936.326 2024 |
yearly |
1996 - 2024 |
| Cameroon (XAF bn) |
11,747.672 2024 |
yearly |
1998 - 2024 |
| Canada (CAD bn) |
2,069.589 2024 |
yearly |
1980 - 2024 |
| Cape Verde (CVE bn) |
257.248 2024 |
yearly |
1997 - 2024 |
| Central African Republic (XAF bn) |
587.498 2024 |
yearly |
1997 - 2024 |
| Chad (XAF bn) |
2,460.943 2024 |
yearly |
1999 - 2024 |
| Chile (CLP bn) |
78,896.584 2024 |
yearly |
1991 - 2024 |
| China (RMB bn) |
106,965.202 2024 |
yearly |
1995 - 2024 |
| Colombia (COP bn) |
601,169.554 2024 |
yearly |
1996 - 2024 |
| Comoros (KMF bn) |
224.155 2024 |
yearly |
1984 - 2024 |
| Congo, Republic of (XAF bn) |
3,673.904 2024 |
yearly |
1989 - 2024 |
| Costa Rica (CRC bn) |
31,643.205 2024 |
yearly |
1996 - 2024 |
| Croatia (HRK bn) |
282.456 2024 |
yearly |
1998 - 2024 |
| Cyprus (EUR bn) |
17.546 2024 |
yearly |
1995 - 2024 |
| Czech Republic (CZK bn) |
1,936.570 2024 |
yearly |
1995 - 2024 |
| Congo, Democratic Republic of (CDF bn) |
7,236.423 2024 |
yearly |
2000 - 2024 |
| Denmark (DKK bn) |
1,059.973 2024 |
yearly |
1992 - 2024 |
| Djibouti (DJF bn) |
322.560 2024 |
yearly |
2009 - 2024 |
| Dominica (XCD bn) |
1.427 2024 |
yearly |
1990 - 2024 |
| Dominican Republic (DOP bn) |
3,855.477 2024 |
yearly |
1997 - 2024 |
| Ecuador (USD bn) |
42.569 2024 |
yearly |
2001 - 2024 |
| Egypt (EGP bn) |
7,327.721 2024 |
yearly |
1998 - 2024 |
| El Salvador (SVC bn) |
23.094 2024 |
yearly |
1991 - 2024 |
| Equatorial Guinea (XAF bn) |
2,831.456 2024 |
yearly |
1980 - 2024 |
| Eritrea (ERN bn) |
57.941 2024 |
yearly |
2000 - 2024 |
| Estonia (EUR bn) |
2.525 2024 |
yearly |
1995 - 2024 |
| Eswatini (SZL bn) |
55.071 2024 |
yearly |
1993 - 2024 |
| Ethiopia (ETB bn) |
2,986.698 2024 |
yearly |
1992 - 2024 |
| Fiji (FJD bn) |
7.753 2024 |
yearly |
1992 - 2024 |
| Finland (EUR bn) |
168.893 2024 |
yearly |
1980 - 2024 |
| France (EUR bn) |
2,721.858 2024 |
yearly |
1980 - 2024 |
| Gabon (XAF bn) |
5,012.755 2024 |
yearly |
1990 - 2024 |
| Gambia (GMD bn) |
84.656 2024 |
yearly |
2000 - 2024 |
| Georgia (GEL bn) |
31.350 2024 |
yearly |
2000 - 2024 |
| Germany (EUR bn) |
1,844.935 2024 |
yearly |
1991 - 2024 |
| Ghana (GHS bn) |
381.528 2024 |
yearly |
1990 - 2024 |
| Greece (EUR bn) |
339.092 2024 |
yearly |
1980 - 2024 |
| Grenada (XCD bn) |
1.928 2024 |
yearly |
1991 - 2024 |
| Guatemala (GTQ bn) |
251.346 2024 |
yearly |
2000 - 2024 |
| Guinea (GNF bn) |
96,244.223 2024 |
yearly |
1990 - 2024 |
| Guinea-Bissau (GWP bn) |
730.560 2024 |
yearly |
1997 - 2024 |
| Guyana (GYD bn) |
521.758 2024 |
yearly |
1997 - 2024 |
| Haiti (HTG bn) |
486.486 2024 |
yearly |
1997 - 2024 |
| Honduras (HNL bn) |
332.053 2024 |
yearly |
1990 - 2024 |
| Hong Kong SAR, China (HKD bn) |
0.000 2024 |
yearly |
2001 - 2024 |
| Hungary (HUF bn) |
34,840.262 2024 |
yearly |
1995 - 2024 |
| Iceland (ISK bn) |
863.643 2024 |
yearly |
1982 - 2024 |
| India (INR bn) |
236,911.490 2024 |
yearly |
1991 - 2024 |
| Indonesia (IDR bn) |
7,125,741.246 2024 |
yearly |
2000 - 2024 |
| Iran (IRR bn) |
24,211,623.910 2024 |
yearly |
1996 - 2024 |
| Iraq (IQD bn) |
205,944.291 2024 |
yearly |
2004 - 2024 |
| Ireland (EUR bn) |
203.841 2024 |
yearly |
1990 - 2024 |
| Israel (ILS bn) |
1,167.990 2024 |
yearly |
2000 - 2024 |
| Italy (EUR bn) |
2,605.866 2024 |
yearly |
1988 - 2024 |
| Ivory Coast (XOF bn) |
20,835.619 2024 |
yearly |
1997 - 2024 |
| Jamaica (JMD bn) |
1,917.447 2024 |
yearly |
1999 - 2024 |
| Japan (JPY bn) |
1,412,214.204 2024 |
yearly |
1980 - 2024 |
| Jordan (JOD bn) |
33.971 2024 |
yearly |
1988 - 2024 |
| Kazakhstan (KZT bn) |
23,374.169 2024 |
yearly |
2002 - 2024 |
| Kenya (KES bn) |
11,241.420 2024 |
yearly |
1998 - 2024 |
| Kiribati (AUD bn) |
0.169 2024 |
yearly |
1988 - 2024 |
| South Korea (KRW bn) |
1,247,055.002 2024 |
yearly |
1990 - 2024 |
| Kosovo (EUR bn) |
2.466 2024 |
yearly |
2006 - 2024 |
| Kuwait (KWD bn) |
18.893 2024 |
yearly |
1991 - 2024 |
| Kyrgyzstan (KGS bn) |
488.139 2024 |
yearly |
2000 - 2024 |
| Laos (LAK bn) |
152,655.509 2022 |
yearly |
2001 - 2022 |
| Latvia (LVL bn) |
12.693 2024 |
yearly |
1998 - 2024 |
| Lebanon (LBP bn) |
203,797.590 2024 |
yearly |
2000 - 2024 |
| Lesotho (LSL bn) |
19.518 2024 |
yearly |
1988 - 2024 |
| Liberia (LRD bn) |
2.437 2024 |
yearly |
2000 - 2024 |
| Libya (LYD bn) |
140.430 2021 |
yearly |
1990 - 2021 |
| Lithuania (LTL bn) |
14.693 2024 |
yearly |
1998 - 2024 |
| Luxembourg (EUR bn) |
15.461 2024 |
yearly |
1995 - 2024 |
| Macau SAR, China (MOP bn) |
0.000 2024 |
yearly |
2001 - 2024 |
| North Macedonia (MKD bn) |
377.978 2024 |
yearly |
1999 - 2024 |
| Madagascar (MGA bn) |
41,500.008 2024 |
yearly |
1990 - 2024 |
| Malawi (MWK bn) |
5,077.435 2024 |
yearly |
2002 - 2024 |
| Malaysia (MYR bn) |
1,156.769 2024 |
yearly |
1990 - 2024 |
| Maldives (MVR bn) |
87.299 2024 |
yearly |
1997 - 2024 |
| Mali (XOF bn) |
5,693.571 2024 |
yearly |
2000 - 2024 |
| Malta (EUR bn) |
4.948 2024 |
yearly |
1995 - 2024 |
| Marshall Islands (USD bn) |
0.066 2024 |
yearly |
1995 - 2024 |
| Mauritania (MRU bn) |
205.004 2024 |
yearly |
2000 - 2024 |
| Mauritius (MUR bn) |
327.894 2022 |
yearly |
2000 - 2022 |
| Mexico (MXN bn) |
17,240.554 2024 |
yearly |
1996 - 2024 |
| Micronesia (USD bn) |
0.070 2024 |
yearly |
1995 - 2024 |
| Moldova (MDL bn) |
106.165 2024 |
yearly |
1995 - 2024 |
| Mongolia (MNT bn) |
0.000 |
yearly |
- |
| Montenegro (EUR bn) |
3.323 2024 |
yearly |
2002 - 2024 |
| Morocco (MAD bn) |
919.883 2024 |
yearly |
1990 - 2024 |
| Mozambique (MZM bn) |
1,608.729 2024 |
yearly |
1999 - 2024 |
| Myanmar (MMK bn) |
75,783.877 2024 |
yearly |
1998 - 2024 |
| Namibia (NAD bn) |
170.344 2024 |
yearly |
1993 - 2024 |
| Nepal (NPR bn) |
2,375.002 2024 |
yearly |
2000 - 2024 |
| Netherlands (EUR bn) |
377.769 2024 |
yearly |
1980 - 2024 |
| New Zealand (NZD bn) |
109.975 2024 |
yearly |
1985 - 2024 |
| Nicaragua (NIO bn) |
228.620 2024 |
yearly |
1997 - 2024 |
| Niger (XOF bn) |
3,750.805 2024 |
yearly |
1995 - 2024 |
| Nigeria (NGN bn) |
89,098.797 2024 |
yearly |
1990 - 2024 |
| Norway (NOK bn) |
1,750.279 2024 |
yearly |
1980 - 2024 |
| Oman (OMR bn) |
26.761 2024 |
yearly |
1990 - 2024 |
| Pakistan (PKR bn) |
44,937.974 2024 |
yearly |
1994 - 2024 |
| Palau (USD bn) |
0.000 |
yearly |
- |
| Panama (PAB bn) |
38.646 2024 |
yearly |
1994 - 2024 |
| Papua New Guinea (PGK bn) |
50.064 2024 |
yearly |
1994 - 2024 |
| Paraguay (PYG bn) |
74,764.827 2024 |
yearly |
1990 - 2024 |
| Peru (PEN bn) |
261.176 2024 |
yearly |
2000 - 2024 |
| Philippines (PHP bn) |
11,080.779 2024 |
yearly |
1993 - 2024 |
| Poland (PLN bn) |
1,405.213 2024 |
yearly |
1995 - 2024 |
| Portugal (EUR bn) |
243.932 2024 |
yearly |
1990 - 2024 |
| Qatar (QAR bn) |
265.444 2024 |
yearly |
1990 - 2024 |
| Romania (RON bn) |
604.831 2024 |
yearly |
2000 - 2024 |
| Russia (RUB bn) |
30,257.542 2024 |
yearly |
1997 - 2024 |
| Saint Kitts and Nevis (XCD bn) |
2.452 2024 |
yearly |
1996 - 2024 |
| Saint Lucia (XCD bn) |
5.037 2024 |
yearly |
1990 - 2024 |
| Saint Vincent and the Grenadines (XCD bn) |
1.877 2024 |
yearly |
1990 - 2024 |
| Samoa (WST bn) |
1.652 2024 |
yearly |
1998 - 2024 |
| San Marino (EUR bn) |
1.342 2024 |
yearly |
2004 - 2024 |
| Sao Tome and Principe (STN bn) |
6.557 2024 |
yearly |
2001 - 2024 |
| Saudi Arabia (SAR bn) |
1,404.245 2024 |
yearly |
1991 - 2024 |
| Senegal (XOF bn) |
13,037.638 2024 |
yearly |
1996 - 2024 |
| Serbia (RSD bn) |
3,030.474 2024 |
yearly |
2000 - 2024 |
| Seychelles (SCR bn) |
11.273 2024 |
yearly |
1990 - 2024 |
| Sierra Leone (SLL bn) |
47,512.121 2024 |
yearly |
2001 - 2024 |
| Singapore (SGD bn) |
687.482 2024 |
yearly |
1990 - 2024 |
| Slovakia (EUR bn) |
55.188 2024 |
yearly |
1995 - 2024 |
| Slovenia (EUR bn) |
34.033 2024 |
yearly |
1995 - 2024 |
| Solomon Islands (SBD bn) |
3.582 2024 |
yearly |
2003 - 2024 |
| South Africa (ZAR bn) |
5,512.578 2024 |
yearly |
2000 - 2024 |
| Spain (EUR bn) |
1,328.905 2024 |
yearly |
1980 - 2024 |
| Sri Lanka (LKR bn) |
17,672.272 2024 |
yearly |
1990 - 2024 |
| Sudan (SDG bn) |
57,547.767 2024 |
yearly |
1992 - 2024 |
| Suriname (SRD bn) |
39.861 2024 |
yearly |
1990 - 2024 |
| Sweden (SEK bn) |
1,767.956 2024 |
yearly |
1993 - 2024 |
| Switzerland (CHF bn) |
257.725 2024 |
yearly |
1990 - 2024 |
| Syria (SYP bn) |
838.214 2010 |
yearly |
1990 - 2010 |
| Taiwan (NTD bn) |
5,431.644 2024 |
yearly |
1997 - 2024 |
| Tajikistan (TJS bn) |
58.661 2024 |
yearly |
1998 - 2024 |
| Tanzania (TZS bn) |
98,596.467 2024 |
yearly |
2001 - 2024 |
| Thailand (THB bn) |
9,551.502 2024 |
yearly |
1996 - 2024 |
| Timor-Leste (USD bn) |
0.168 2018 |
yearly |
2001 - 2018 |
| Togo (XOF bn) |
2,557.455 2024 |
yearly |
2005 - 2024 |
| Tonga (TOP bn) |
0.000 |
yearly |
- |
| Trinidad and Tobago (TTD bn) |
113.021 2024 |
yearly |
1988 - 2024 |
| Tunisia (TND bn) |
117.910 2024 |
yearly |
1991 - 2024 |
| Turkey (TRY bn) |
2,997.206 2024 |
yearly |
2000 - 2024 |
| Turkmenistan (TMM bn) |
94.617 2024 |
yearly |
1997 - 2024 |
| Tuvalu (AUD bn) |
0.003 2024 |
yearly |
2005 - 2024 |
| Uganda (UGX bn) |
93,043.456 2024 |
yearly |
1997 - 2024 |
| Ukraine (UAH bn) |
2,886.496 2024 |
yearly |
1997 - 2024 |
| United Arab Emirates (AED bn) |
349.589 2024 |
yearly |
1999 - 2024 |
| United Kingdom (GBP bn) |
2,161.236 2024 |
yearly |
1980 - 2024 |
| United States (USD bn) |
29,860.977 2024 |
yearly |
2001 - 2024 |
| Uruguay (UYU bn) |
2,110.216 2024 |
yearly |
2008 - 2024 |
| Uzbekistan (UZS bn) |
288,690.640 2024 |
yearly |
1997 - 2024 |
| Vanuatu (VUV bn) |
79.667 2024 |
yearly |
1991 - 2024 |
| Venezuela (VES bn) |
3,719.390 2018 |
yearly |
2003 - 2018 |
| Vietnam (VND bn) |
4,906,213.399 2024 |
yearly |
2000 - 2024 |
| Yemen (YER bn) |
7,400.302 2024 |
yearly |
1999 - 2024 |
| Zambia (ZMK bn) |
482.973 2024 |
yearly |
2000 - 2024 |
| Zimbabwe (USD bn) |
22.034 2024 |
yearly |
2005 - 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 |
| 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 |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) |
2.507 2024 |
yearly |
1991 - 2024 |
| 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 |
| 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 |
| 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: Net Errors & Omission (USD mn) |
11,182.152 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: CF: Financial Account: Assets: Portfolio Investment (USD mn) |
-99.940 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 (USD mn) |
6,148.454 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: Financial Account: Assets: Reserves Assets (USD mn) |
4,385.681 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: Credit (USD mn) |
6,288.264 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: CF: Financial Account: Assets: Other Investment (USD mn) |
-1,144.953 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CF: Capital Account (USD mn) |
0.000 Dec 2019 |
quarterly |
Mar 2008 - Dec 2019 |
| BoP: CA: Services: Debit (USD mn) |
-8,896.739 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Services (USD mn) |
-7,776.338 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: Liabilities: Other Investment (USD mn) |
-1,172.552 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Services: Credit (USD mn) |
1,120.401 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Goods (USD mn) |
-439.906 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| BoP: CA: Goods: Credit (USD mn) |
13,389.360 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: Credit (USD mn) |
542.555 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) |
34,866.364 Aug 2020 |
monthly |
Nov 1992 - Aug 2020 |
| Money Supply M2 (USD mn) |
90,823.764 Aug 2020 |
monthly |
Nov 1992 - Aug 2020 |
| M2 Growth (%) |
24.2 Aug 2020 |
monthly |
Nov 1993 - Aug 2020 |
| Reserve Requirement Ratio (%) |
27.5 Sep 2020 |
monthly |
Nov 2005 - Sep 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) |
102,680.6 Aug 2020 |
monthly |
Nov 1992 - Aug 2020 |
| Domestic Credit Growth (%) |
12.9 Aug 2020 |
monthly |
Nov 1993 - Aug 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) |
34,221,096.620 Aug 2020 |
monthly |
Nov 1992 - Aug 2020 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) |
13,137,147.730 Aug 2020 |
monthly |
Nov 1992 - Aug 2020 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) |
21,083,948.890 Aug 2020 |
monthly |
Nov 1992 - Aug 2020 |
| Monetary Survey: Liabilities: Base Money (NGN mn) |
13,692,387.330 Aug 2020 |
monthly |
Jan 1993 - Aug 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 |