Nigeria Forecast: Government Revenue

1990 - 2024 | Yearly | NGN bn | International Monetary Fund

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Nigeria’s Government Revenue is forecasted to be 11,900.562 NGN bn in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of 11,172.748 NGN bn in Dec 2019. Looking ahead, Nigeria’s Government Revenue is projected to stand at 19,020.111 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 Revenue.

What is Nigeria's Forecast: Government Revenue in 2024?

Last Previous Min Max Unit Frequency Range

19,020.111

NGN bn 2024 yearly 1990 - 2024

16,770.829

NGN bn 2023 yearly 1990 - 2024

96.416

1990

19,020.111

2024

NGN bn

yearly

1990 - 2024

Updated on 28 Apr 2020

All Countries/Regions for Forecast: Government Revenue

Buy this table Includes Forecast: Government Revenue for ALL Countries/Regions: countries Instant access to full history data in excel
All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Previous Frequency Range
Afghanistan (AFA bn)

823.013

2024

730.113

2023

yearly

2002 - 2024

Updated on 2020-04-28
Albania (ALL bn)

636.976

2024

595.454

2023

yearly

1997 - 2024

Updated on 2020-04-28
Algeria (DZD bn)

7,419.489

2024

6,937.535

2023

yearly

1990 - 2024

Updated on 2020-04-28
Angola (AOA bn)

10,638.245

2024

9,954.080

2023

yearly

1996 - 2024

Updated on 2020-04-28
Antigua and Barbuda (XCD bn)

1.041

2024

1.005

2023

yearly

1990 - 2024

Updated on 2020-04-28
Argentina (ARS bn)

29,991.646

2024

24,753.899

2023

yearly

1993 - 2024

Updated on 2020-04-16
Armenia (AMD bn)

2,421.618

2024

2,211.890

2023

yearly

1993 - 2024

Updated on 2020-04-28
Australia (AUD bn)

868.231

2024

828.401

2023

yearly

1988 - 2024

Updated on 2020-04-09
Austria (EUR bn)

229.590

2024

221.162

2023

yearly

1988 - 2024

Updated on 2020-04-28
Azerbaijan (AZN bn)

32.835

2024

32.023

2023

yearly

1994 - 2024

Updated on 2020-04-16
Bahamas (BSD bn)

2.890

2024

2.782

2023

yearly

1990 - 2024

Updated on 2020-04-28
Bahrain (BHD bn)

3.200

2024

3.320

2023

yearly

1990 - 2024

Updated on 2020-04-16
Barbados (BBD bn)

3.918

2024

3.760

2023

yearly

1994 - 2024

Updated on 2020-04-16
Belarus (BYN bn)

57.409

2024

55.744

2023

yearly

1996 - 2024

Updated on 2020-04-28
Belgium (EUR bn)

266.791

2024

259.080

2023

yearly

1980 - 2024

Updated on 2020-04-28
Benin (XOF bn)

1,849.718

2024

1,696.933

2023

yearly

1989 - 2024

Updated on 2020-04-28
Bhutan (BTN bn)

93.007

2024

66.353

2023

yearly

1981 - 2024

Updated on 2020-04-28
Bolivia (BOB bn)

114.016

2024

106.369

2023

yearly

1984 - 2024

Updated on 2020-04-16
Bosnia and Herzegovina (BAM bn)

17.896

2024

17.099

2023

yearly

1998 - 2024

Updated on 2020-04-16
Botswana (BWP bn)

89.101

2024

79.364

2023

yearly

2000 - 2024

Updated on 2020-04-28
Brazil (BRL bn)

3,029.966

2024

2,848.251

2023

yearly

1996 - 2024

Updated on 2020-04-16
Brunei (BND bn)

4.616

2024

4.399

2023

yearly

1980 - 2024

Updated on 2020-04-28
Bulgaria (BGN bn)

52.576

2024

51.051

2023

yearly

1998 - 2024

Updated on 2020-04-28
Burkina Faso (XOF bn)

3,036.480

2024

2,785.186

2023

yearly

1985 - 2024

Updated on 2020-04-16
Burundi (BIF bn)

1,539.108

2024

1,373.913

2023

yearly

1990 - 2024

Updated on 2020-04-16
Cambodia (KHR bn)

37,612.457

2024

34,393.179

2023

yearly

1996 - 2024

Updated on 2020-04-28
Cameroon (XAF bn)

4,917.552

2024

4,596.017

2023

yearly

2000 - 2024

Updated on 2020-04-16
Canada (CAD bn)

1,115.520

2024

1,073.577

2023

yearly

1980 - 2024

Updated on 2020-04-09
Cape Verde (CVE bn)

79.129

2024

73.907

2023

yearly

1994 - 2024

Updated on 2020-04-16
Central African Republic (XAF bn)

332.030

2024

307.057

2023

yearly

1988 - 2024

Updated on 2020-04-28
Chad (XAF bn)

1,571.149

2024

1,520.462

2023

yearly

1995 - 2024

Updated on 2020-04-28
Chile (CLP bn)

62,460.702

2024

59,056.611

2023

yearly

1990 - 2024

Updated on 2020-04-28
China (RMB bn)

39,122.071

2024

36,591.199

2023

yearly

1982 - 2024

Updated on 2020-04-16
Colombia (COP bn)

376,277.072

2024

356,122.746

2023

yearly

1980 - 2024

Updated on 2020-04-16
Comoros (KMF bn)

107.047

2024

100.770

2023

yearly

1984 - 2024

Updated on 2020-04-28
Congo, Republic of (XAF bn)

2,328.465

2024

2,244.120

2023

yearly

1989 - 2024

Updated on 2020-04-28
Costa Rica (CRC bn)

7,381.374

2024

6,906.740

2023

yearly

1990 - 2024

Updated on 2020-04-16
Croatia (HRK bn)

223.590

2024

214.629

2023

yearly

1992 - 2024

Updated on 2020-04-16
Cyprus (EUR bn)

12.288

2024

11.593

2023

yearly

1995 - 2024

Updated on 2020-04-28
Czech Republic (CZK bn)

2,867.789

2024

2,752.678

2023

yearly

1995 - 2024

Updated on 2020-04-28
Congo, Democratic Republic of (CDF bn)

16,127.837

2024

14,305.396

2023

yearly

1996 - 2024

Updated on 2020-04-28
Denmark (DKK bn)

1,411.065

2024

1,354.971

2023

yearly

1980 - 2024

Updated on 2019-10-31
Djibouti (DJF bn)

158.252

2024

150.800

2023

yearly

1990 - 2024

Updated on 2020-04-28
Dominica (XCD bn)

0.682

2024

0.660

2023

yearly

1990 - 2024

Updated on 2020-04-16
Dominican Republic (DOP bn)

1,026.372

2024

939.063

2023

yearly

1997 - 2024

Updated on 2020-04-16
Ecuador (USD bn)

43.681

2024

42.156

2023

yearly

1995 - 2024

Updated on 2020-04-16
Egypt (EGP bn)

2,077.856

2024

1,833.784

2023

yearly

1999 - 2024

Updated on 2020-04-28
El Salvador (SVC bn)

6.914

2024

6.707

2023

yearly

1990 - 2024

Updated on 2020-04-28
Equatorial Guinea (XAF bn)

1,005.845

2024

1,027.311

2023

yearly

1980 - 2024

Updated on 2020-04-28
Eritrea (ERN bn)

14.488

2024

13.525

2023

yearly

1992 - 2024

Updated on 2020-04-28
Estonia (EUR bn)

14.306

2024

13.578

2023

yearly

1995 - 2024

Updated on 2020-04-28
Eswatini (SZL bn)

24.027

2024

22.414

2023

yearly

1980 - 2024

Updated on 2020-04-16
Ethiopia (ETB bn)

650.756

2024

562.538

2023

yearly

1980 - 2024

Updated on 2020-04-16
Fiji (FJD bn)

4.363

2024

4.100

2023

yearly

1992 - 2024

Updated on 2020-04-16
Finland (EUR bn)

147.367

2024

142.405

2023

yearly

1980 - 2024

Updated on 2020-04-09
France (EUR bn)

1,430.593

2024

1,387.983

2023

yearly

1980 - 2024

Updated on 2020-04-28
Gabon (XAF bn)

2,512.250

2024

2,370.578

2023

yearly

1990 - 2024

Updated on 2020-04-28
Gambia (GMD bn)

29.975

2024

27.362

2023

yearly

2000 - 2024

Updated on 2020-04-28
Georgia (GEL bn)

18.649

2024

17.202

2023

yearly

1994 - 2024

Updated on 2020-04-16
Germany (EUR bn)

1,860.089

2024

1,800.109

2023

yearly

1991 - 2024

Updated on 2020-04-09
Ghana (GHS bn)

101.565

2024

90.307

2023

yearly

1982 - 2024

Updated on 2020-04-16
Greece (EUR bn)

96.925

2024

96.139

2023

yearly

1980 - 2024

Updated on 2020-04-28
Grenada (XCD bn)

1.065

2024

1.024

2023

yearly

1990 - 2024

Updated on 2020-04-16
Guatemala (GTQ bn)

101.923

2024

93.064

2023

yearly

1995 - 2024

Updated on 2020-04-16
Guinea (GNF bn)

39,189.465

2024

34,821.447

2023

yearly

1990 - 2024

Updated on 2020-04-16
Guinea-Bissau (GWP bn)

238.725

2024

217.980

2023

yearly

1991 - 2024

Updated on 2020-04-28
Guyana (GYD bn)

606.250

2024

508.968

2023

yearly

1997 - 2024

Updated on 2020-04-16
Haiti (HTG bn)

200.153

2024

186.383

2023

yearly

1997 - 2024

Updated on 2020-04-28
Honduras (HNL bn)

239.276

2024

221.236

2023

yearly

1990 - 2024

Updated on 2020-04-16
Hong Kong SAR, China (HKD bn)

756.868

2024

719.825

2023

yearly

1981 - 2024

Updated on 2020-04-09
Hungary (HUF bn)

25,364.211

2024

24,127.849

2023

yearly

1995 - 2024

Updated on 2020-04-28
Iceland (ISK bn)

1,459.367

2024

1,409.966

2023

yearly

1980 - 2024

Updated on 2020-04-09
India (INR bn)

71,107.610

2024

63,741.275

2023

yearly

1988 - 2024

Updated on 2020-04-16
Indonesia (IDR bn)

3,506,103.823

2024

3,226,937.063

2023

yearly

1981 - 2024

Updated on 2020-04-28
Iran (IRR bn)

9,938,626.071

2024

7,860,613.387

2023

yearly

1990 - 2024

Updated on 2020-04-16
Iraq (IQD bn)

115,115.418

2024

111,562.459

2023

yearly

2004 - 2024

Updated on 2020-04-28
Ireland (EUR bn)

104.162

2024

99.816

2023

yearly

1980 - 2024

Updated on 2020-04-28
Israel (ILS bn)

640.678

2024

609.135

2023

yearly

2000 - 2024

Updated on 2019-10-31
Italy (EUR bn)

905.859

2024

885.965

2023

yearly

1988 - 2024

Updated on 2020-04-09
Ivory Coast (XOF bn)

7,944.618

2024

7,390.328

2023

yearly

1997 - 2024

Updated on 2020-04-28
Jamaica (JMD bn)

866.091

2024

805.646

2023

yearly

1990 - 2024

Updated on 2020-04-16
Japan (JPY bn)

205,517.004

2024

202,875.840

2023

yearly

1980 - 2024

Updated on 2019-10-31
Jordan (JOD bn)

10.697

2024

10.220

2023

yearly

1985 - 2024

Updated on 2020-04-16
Kazakhstan (KZT bn)

21,024.852

2024

19,265.950

2023

yearly

1994 - 2024

Updated on 2020-04-16
Kenya (KES bn)

3,316.379

2024

2,950.652

2023

yearly

1982 - 2024

Updated on 2020-04-16
Kiribati (AUD bn)

0.288

2024

0.284

2023

yearly

1988 - 2024

Updated on 2020-04-28
South Korea (KRW bn)

533,134.321

2024

507,802.323

2023

yearly

1995 - 2024

Updated on 2020-02-19
Kosovo (EUR bn)

2.345

2024

2.235

2023

yearly

2000 - 2024

Updated on 2020-04-16
Kuwait (KWD bn)

27.105

2024

26.350

2023

yearly

1990 - 2024

Updated on 2020-04-16
Kyrgyzstan (KGS bn)

285.891

2024

266.654

2023

yearly

1993 - 2024

Updated on 2020-04-28
Latvia (LVL bn)

13.543

2024

12.864

2023

yearly

1998 - 2024

Updated on 2020-04-28
Lebanon (LBP bn)

23,227.732

2024

22,203.333

2023

yearly

1990 - 2024

Updated on 2020-04-16
Lesotho (LSL bn)

24.839

2024

23.202

2023

yearly

1982 - 2024

Updated on 2020-04-16
Liberia (LRD bn)

1.025

2024

1.007

2023

yearly

2000 - 2024

Updated on 2020-04-28
Libya (LYD bn)

39.483

2024

39.177

2023

yearly

1990 - 2024

Updated on 2020-04-28
Lithuania (LTL bn)

21.071

2024

20.188

2023

yearly

1990 - 2024

Updated on 2020-04-09
Luxembourg (EUR bn)

34.659

2024

33.149

2023

yearly

1995 - 2024

Updated on 2020-04-28
Macau SAR, China (MOP bn)

168.279

2024

165.125

2023

yearly

1996 - 2024

Updated on 2020-04-09
North Macedonia (MKD bn)

273.982

2024

259.325

2023

yearly

1997 - 2024

Updated on 2020-04-16
Madagascar (MGA bn)

10,991.784

2024

9,980.242

2023

yearly

1980 - 2024

Updated on 2020-04-28
Malawi (MWK bn)

2,428.409

2024

2,188.442

2023

yearly

2002 - 2024

Updated on 2020-04-16
Malaysia (MYR bn)

378.274

2024

352.498

2023

yearly

1990 - 2024

Updated on 2020-04-28
Maldives (MVR bn)

34.066

2024

31.509

2023

yearly

1990 - 2024

Updated on 2020-04-16
Mali (XOF bn)

2,952.654

2024

2,743.674

2023

yearly

2000 - 2024

Updated on 2020-04-28
Malta (EUR bn)

6.471

2024

6.170

2023

yearly

2000 - 2024

Updated on 2020-04-28
Marshall Islands (USD bn)

0.169

2024

0.172

2023

yearly

1995 - 2024

Updated on 2020-04-16
Mauritania (MRU bn)

96.291

2024

87.510

2023

yearly

1990 - 2024

Updated on 2020-04-16
Mexico (MXN bn)

7,117.512

2024

6,722.320

2023

yearly

1990 - 2024

Updated on 2020-04-16
Micronesia (USD bn)

0.248

2024

0.282

2023

yearly

1995 - 2024

Updated on 2020-04-28
Moldova (MDL bn)

95.677

2024

87.898

2023

yearly

1995 - 2024

Updated on 2020-04-28
Mongolia (MNT bn)

20,280.272

2024

18,158.951

2023

yearly

1981 - 2024

Updated on 2020-04-16
Montenegro (EUR bn)

2.429

2024

2.315

2023

yearly

2002 - 2024

Updated on 2020-04-16
Morocco (MAD bn)

412.153

2024

384.428

2023

yearly

1990 - 2024

Updated on 2020-04-16
Mozambique (MZM bn)

480.783

2024

426.689

2023

yearly

1980 - 2024

Updated on 2020-04-16
Nepal (NPR bn)

1,603.063

2024

1,438.244

2023

yearly

2000 - 2024

Updated on 2020-04-28
Netherlands (EUR bn)

411.338

2024

397.076

2023

yearly

1980 - 2024

Updated on 2020-04-28
New Zealand (NZD bn)

143.671

2024

137.334

2023

yearly

1985 - 2024

Updated on 2020-04-09
Nicaragua (NIO bn)

137.630

2024

127.802

2023

yearly

2000 - 2024

Updated on 2020-04-28
Niger (XOF bn)

2,214.246

2024

2,026.041

2023

yearly

1995 - 2024

Updated on 2020-04-16
Norway (NOK bn)

2,493.666

2024

2,389.326

2023

yearly

1980 - 2024

Updated on 2020-04-09
Oman (OMR bn)

11.793

2024

11.586

2023

yearly

1990 - 2024

Updated on 2020-04-28
Pakistan (PKR bn)

13,444.760

2024

12,198.572

2023

yearly

1980 - 2024

Updated on 2020-04-16
Palau (USD bn)

0.138

2024

0.134

2023

yearly

2000 - 2024

Updated on 2020-04-16
Panama (PAB bn)

17.645

2024

16.347

2023

yearly

1994 - 2024

Updated on 2020-04-16
Papua New Guinea (PGK bn)

17.584

2024

16.557

2023

yearly

1983 - 2024

Updated on 2020-04-28
Paraguay (PYG bn)

66,249.288

2024

62,072.967

2023

yearly

1980 - 2024

Updated on 2020-04-16
Peru (PEN bn)

213.120

2024

200.827

2023

yearly

2000 - 2024

Updated on 2020-04-28
Philippines (PHP bn)

6,427.850

2024

5,776.388

2023

yearly

1989 - 2024

Updated on 2020-04-28
Poland (PLN bn)

1,182.581

2024

1,125.401

2023

yearly

1995 - 2024

Updated on 2020-04-28
Portugal (EUR bn)

106.667

2024

103.337

2023

yearly

1986 - 2024

Updated on 2020-04-09
Qatar (QAR bn)

272.973

2024

263.483

2023

yearly

1990 - 2024

Updated on 2020-04-16
Romania (RON bn)

424.866

2024

405.244

2023

yearly

1990 - 2024

Updated on 2020-04-28
Russia (RUB bn)

48,615.557

2024

46,029.394

2023

yearly

1998 - 2024

Updated on 2020-04-28
Saint Kitts and Nevis (XCD bn)

0.861

2024

0.827

2023

yearly

1980 - 2024

Updated on 2020-04-28
Saint Lucia (XCD bn)

1.571

2024

1.521

2023

yearly

1985 - 2024

Updated on 2020-04-28
Saint Vincent and the Grenadines (XCD bn)

0.824

2024

0.790

2023

yearly

1980 - 2024

Updated on 2020-04-28
Samoa (WST bn)

1.024

2024

0.980

2023

yearly

1992 - 2024

Updated on 2020-04-28
San Marino (EUR bn)

0.324

2024

0.318

2023

yearly

2004 - 2024

Updated on 2020-04-09
Sao Tome and Principe (STN bn)

3.044

2024

2.873

2023

yearly

2000 - 2024

Updated on 2020-04-16
Saudi Arabia (SAR bn)

1,027.304

2024

966.360

2023

yearly

1991 - 2024

Updated on 2020-04-16
Senegal (XOF bn)

5,288.936

2024

4,716.486

2023

yearly

1994 - 2024

Updated on 2020-04-16
Serbia (RSD bn)

3,048.696

2024

2,847.949

2023

yearly

2000 - 2024

Updated on 2020-04-28
Seychelles (SCR bn)

11.542

2024

10.897

2023

yearly

1983 - 2024

Updated on 2020-04-16
Sierra Leone (SLL bn)

13,847.577

2024

12,120.030

2023

yearly

2000 - 2024

Updated on 2020-04-28
Singapore (SGD bn)

112.689

2024

107.414

2023

yearly

1990 - 2024

Updated on 2020-04-09
Slovakia (EUR bn)

45.809

2024

46.066

2023

yearly

1995 - 2024

Updated on 2020-04-28
Slovenia (EUR bn)

24.265

2024

23.266

2023

yearly

1995 - 2024

Updated on 2020-04-28
Solomon Islands (SBD bn)

6.749

2024

6.312

2023

yearly

1980 - 2024

Updated on 2020-04-28
South Africa (ZAR bn)

2,095.817

2024

1,953.829

2023

yearly

2000 - 2024

Updated on 2020-04-28
Spain (EUR bn)

571.764

2024

553.490

2023

yearly

1980 - 2024

Updated on 2020-04-09
Sri Lanka (LKR bn)

3,803.114

2024

3,444.247

2023

yearly

1990 - 2024

Updated on 2020-04-16
Sudan (SDG bn)

929.292

2024

571.534

2023

yearly

1990 - 2024

Updated on 2020-04-28
Suriname (SRD bn)

11.436

2024

10.830

2023

yearly

1990 - 2024

Updated on 2020-04-28
Sweden (SEK bn)

2,902.223

2024

2,792.766

2023

yearly

1980 - 2024

Updated on 2020-04-09
Switzerland (CHF bn)

263.080

2024

256.323

2023

yearly

1983 - 2024

Updated on 2019-10-31
Taiwan (NTD bn)

3,383.806

2024

3,289.164

2023

yearly

1980 - 2024

Updated on 2019-10-31
Tajikistan (TJS bn)

36.118

2024

32.820

2023

yearly

1998 - 2024

Updated on 2020-04-16
Tanzania (TZS bn)

37,499.321

2024

32,990.300

2023

yearly

1991 - 2024

Updated on 2020-04-28
Thailand (THB bn)

4,561.418

2024

4,330.516

2023

yearly

1995 - 2024

Updated on 2020-04-28
Timor-Leste (USD bn)

0.855

2024

0.812

2023

yearly

2000 - 2024

Updated on 2020-04-28
Togo (XOF bn)

1,285.114

2024

1,155.227

2023

yearly

1989 - 2024

Updated on 2020-04-16
Tonga (TOP bn)

0.493

2024

0.506

2023

yearly

1999 - 2024

Updated on 2020-04-28
Trinidad and Tobago (TTD bn)

50.719

2024

48.775

2023

yearly

1988 - 2024

Updated on 2020-04-16
Tunisia (TND bn)

48.441

2024

44.701

2023

yearly

1990 - 2024

Updated on 2020-04-28
Turkey (TRY bn)

2,604.398

2024

2,264.192

2023

yearly

2000 - 2024

Updated on 2020-04-28
Turkmenistan (TMM bn)

35.703

2024

32.120

2023

yearly

1997 - 2024

Updated on 2020-04-16
Tuvalu (AUD bn)

0.085

2024

0.082

2023

yearly

2004 - 2024

Updated on 2020-04-16
Uganda (UGX bn)

44,625.067

2024

37,371.281

2023

yearly

1997 - 2024

Updated on 2020-04-28
Ukraine (UAH bn)

2,369.293

2024

2,188.241

2023

yearly

1995 - 2024

Updated on 2020-04-28
United Arab Emirates (AED bn)

463.029

2024

447.982

2023

yearly

1990 - 2024

Updated on 2020-04-28
United Kingdom (GBP bn)

962.972

2024

929.331

2023

yearly

1980 - 2024

Updated on 2020-04-09
United States (USD bn)

8,167.820

2024

7,812.971

2023

yearly

2001 - 2024

Updated on 2019-10-31
Uruguay (UYU bn)

959.943

2024

877.649

2023

yearly

1999 - 2024

Updated on 2020-04-28
Uzbekistan (UZS bn)

301,967.227

2024

261,983.709

2023

yearly

1991 - 2024

Updated on 2020-04-16
Vanuatu (VUV bn)

38.397

2024

36.570

2023

yearly

1991 - 2024

Updated on 2020-04-28
Venezuela (VES bn)

84.962

2018

0.401

2017

yearly

2004 - 2018

Updated on 2020-04-28
Vietnam (VND bn)

2,293,501.382

2024

2,081,000.235

2023

yearly

1998 - 2024

Updated on 2020-04-28
Yemen (YER bn)

6,153.380

2024

4,516.274

2023

yearly

1990 - 2024

Updated on 2020-04-16
Zambia (ZMK bn)

100.259

2024

91.616

2023

yearly

2000 - 2024

Updated on 2020-04-28
Zimbabwe (USD bn)

31.687

2024

29.923

2023

yearly

2005 - 2024

Updated on 2020-04-16

Nigeria Key Series

Buy this table Includes All Indicators: series Instant access to full history data in excel
All Indicators
National Accounts
Production
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Banking Statistics
Interest and Foreign Exchange Rates
Energy
Tourism
Business and Economic Survey
Financial Market
Transport and Telecommunications
National Accounts Last Previous Frequency Range
Nominal GDP (USD mn)

113,884.7

Mar 2020

129,146.2

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
Real GDP Growth (%)

1.9

Mar 2020

2.6

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-05-25
Nominal GDP Growth (%)

12.013

Mar 2020

12.338

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-05-25
GDP per Capita (USD)

2,134.076

2018

1,951.405

2017

yearly

1981 - 2018

Updated on 2019-12-16
GDP Deflator Growth (%)

10.0

Mar 2020

9.5

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-05-25
Private Consumption Expenditure (USD mn)

100,060.552

Dec 2019

91,951.330

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
Private Consumption: % of GDP (%)

73.5

2019

76.6

2018

yearly

1981 - 2019

Updated on 2020-05-01
Public Consumption Expenditure (USD mn)

7,013.533

Dec 2019

6,936.158

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
Public Consumption: % of GDP (%)

5.9

2019

5.6

2018

yearly

1981 - 2019

Updated on 2020-05-01
Investment: % of GDP (%)

26.2

2019

19.8

2018

yearly

1981 - 2019

Updated on 2020-05-01
Gross Fixed Capital Formation (USD mn)

33,781.413

Dec 2019

28,894.593

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
Gross National Product (USD mn)

378,945.889

2018

364,252.941

2017

yearly

1960 - 2018

Updated on 2019-12-19
Gross Savings Rate (%)

20.6

2019

17.8

2018

yearly

1981 - 2019

Updated on 2020-05-01
Forecast: GDP PPP Per Capita (PPP Intl $)

6,712.984

2024

6,570.892

2023

yearly

1990 - 2024

Updated on 2020-04-28
Forecast: Nominal GDP Per Capita (USD)

3,346.387

2024

3,074.980

2023

yearly

1990 - 2024

Updated on 2020-04-09
Forecast: Real GDP Growth (%)

2.365

2021

-3.410

2020

yearly

1991 - 2021

Updated on 2020-04-14
GDP: Market Prices: Final Consumption Expenditure (FCE): General Government (GG) (NGN mn)

2,149,323.176

Dec 2019

2,125,443.525

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: FCE: Private: Households (NGN mn)

30,498,516.032

Dec 2019

28,096,471.475

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: Changes in Inventories (NGN mn)

285,593.525

Dec 2019

279,344.046

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: Gross Fixed Capital Formation (NGN mn)

10,352,439.460

Dec 2019

8,854,155.728

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: Exports of Goods & Services (NGN mn)

5,113,321.501

Dec 2019

5,661,379.544

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: Imports of Goods & Services (NGN mn)

8,534,880.435

Dec 2019

6,874,583.600

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: 2010p: Final Consumption Expenditure (FCE): General Governme... (NGN mn)

1,082,949.341

Dec 2019

1,077,871.982

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: 2010p: FCE: Households (NGN mn)

12,030,651.452

Dec 2019

10,670,902.022

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: 2010p: Gross Fixed Capital Formation (NGN mn)

3,060,921.998

Dec 2019

2,649,064.394

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: 2010p: Exports of Goods & Services (NGN mn)

6,132,329.510

Dec 2019

6,422,837.156

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Market Prices: 2010p: Imports of Goods & Services (NGN mn)

2,780,544.204

Dec 2019

2,239,788.747

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-05-01
GDP: Basic Prices: Services: Public Administration (NGN mn)

560,764.029

Mar 2020

849,056.629

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Wholesale and Retail Trade (NGN mn)

5,377,999.539

Mar 2020

6,197,977.304

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Industry: Utilities: Water Supply, Sewage & Waste Mng (NGN mn)

78,033.479

Mar 2020

60,470.256

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Industry: Manufacturing (Mfg) (NGN mn)

4,625,845.146

Mar 2020

4,498,071.215

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Industry: Utilities: Electricity, Gas, Steam & Air Conditioni... (NGN mn)

134,797.538

Mar 2020

363,997.435

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Industry: Construction (NGN mn)

2,829,463.494

Mar 2020

2,548,271.539

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Industry (NGN mn)

10,509,175.322

Mar 2020

10,185,747.025

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
Nominal GDP: USD mn (USD mn)

113,884.735

Mar 2020

129,146.225

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Industry: Mining & Quarrying (MQ) (NGN mn)

2,841,035.666

Mar 2020

2,714,936.579

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Arts, Entertainment & Recreation (NGN mn)

89,201.321

Mar 2020

68,008.055

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Accommodation & Food Services (NGN mn)

429,653.110

Mar 2020

428,074.240

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Transportation & Storage (TS) (NGN mn)

953,991.119

Mar 2020

834,026.092

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Information & Communication (IC) (NGN mn)

3,676,010.473

Mar 2020

3,961,252.726

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices (NGN mn)

35,647,406.085

Mar 2020

39,577,340.037

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Finance & Insurance (FI) (NGN mn)

1,273,433.209

Mar 2020

1,235,351.300

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Real Estate (NGN mn)

1,863,236.073

Mar 2020

2,552,963.552

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Professional, Scientific & Technical Services (NGN mn)

1,143,132.557

Mar 2020

1,410,186.220

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Administrative & Support Services, Business Service... (NGN mn)

6,575.206

Mar 2020

7,914.111

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Education (NGN mn)

700,852.548

Mar 2020

954,811.120

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Human Health & Social Services (NGN mn)

218,227.966

Mar 2020

232,857.861

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Agriculture (NGN mn)

7,442,677.415

Mar 2020

9,254,794.376

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: Services: Other Services (NGN mn)

1,402,476.197

Mar 2020

1,404,319.423

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Information & Communication (IC) (NGN mn)

2,356,225.320

Mar 2020

2,561,682.512

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Administrative & Support Services, Business ... (NGN mn)

3,291.581

Mar 2020

3,987.572

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Wholesale and Retail Trade (NGN mn)

2,692,253.730

Mar 2020

3,122,887.947

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Accommodation & Food Services (NGN mn)

178,331.471

Mar 2020

184,695.988

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: Utilities: Electricity, Gas, Steam & Air Con... (NGN mn)

33,907.846

Mar 2020

95,889.598

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: MQ: Solid Minerals: Quarrying & Other Minera... (NGN mn)

1,047.040

Mar 2020

28,311.045

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: Utilities: Water Supply, Sewage & Waste Mng (NGN mn)

30,063.465

Mar 2020

24,542.028

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: MQ: Crude Petroleum & Natural Gas (NGN mn)

1,591,248.223

Mar 2020

1,429,667.980

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: Construction (NGN mn)

682,791.738

Mar 2020

671,110.597

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p (NGN mn)

16,741,809.923

Mar 2020

19,527,724.959

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: Mining & Quarrying (MQ) (NGN mn)

1,597,017.485

Mar 2020

1,460,283.561

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry: Manufacturing (Mfg) (NGN mn)

1,615,390.581

Mar 2020

1,707,263.236

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Finance & Insurance (FI) (NGN mn)

637,487.096

Mar 2020

622,439.144

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Real Estate (NGN mn)

872,533.434

Mar 2020

1,213,548.096

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Professional, Scientific & Technical Service... (NGN mn)

572,257.931

Mar 2020

710,530.764

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Industry (NGN mn)

3,959,171.115

Mar 2020

3,959,089.020

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Transportation & Storage (TS) (NGN mn)

296,779.233

Mar 2020

275,118.660

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
Real GDP: YoY (%)

1.870

Mar 2020

2.554

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Public Administration (NGN mn)

280,721.305

Mar 2020

427,802.263

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Education (NGN mn)

348,558.962

Mar 2020

482,164.114

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Human Health & Social Services (NGN mn)

113,695.467

Mar 2020

123,072.926

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Arts, Entertainment & Recreation (NGN mn)

51,263.119

Mar 2020

39,148.082

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Services: Other Services (NGN mn)

702,086.667

Mar 2020

707,574.744

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP: Basic Prices: 2010p: Agriculture (NGN mn)

3,677,153.492

Mar 2020

5,093,983.126

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-05-25
GDP per Capita: USD (USD)

2,134.076

2018

1,951.405

2017

yearly

1981 - 2018

Updated on 2019-12-16
GDP Deflator: YoY (%)

9.957

Mar 2020

9.540

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-05-25
Production Last Previous Frequency Range
Industrial Production Index Growth (%)

25.1

Dec 2019

3.4

Sep 2019

quarterly

Mar 2011 - Dec 2019

Updated on 2020-01-24
Minerals Production (Metric Ton)

135,170,050.000

2017

129,583,436.000

2016

yearly

2009 - 2017

Updated on 2019-04-29
Gold Production (kg)

20.000

2017

23.000

2016

yearly

1993 - 2017

Updated on 2019-11-29
Industrial Production Index (2010=100)

119.800

Dec 2019

115.500

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-01-24
Industrial Production Index: Manufacturing (2010=100)

185.100

Dec 2019

181.200

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-01-24
Industrial Production Index: Mining (2010=100)

89.200

Dec 2019

87.000

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-01-24
Capacity Utilization Rate: Manufacturing (%)

55.000

Dec 2018

54.600

Sep 2018

quarterly

Dec 2008 - Dec 2018

Updated on 2019-02-01
Electricity Generation: Average per Hour (MWh)

3,630.500

Dec 2019

4,144.400

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Electricity Consumption: Average per Hour (MWh)

3,324.200

Dec 2019

3,855.100

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Government and Public Finance Last Previous Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-3.2

2019

-2.8

2018

yearly

2005 - 2019

Updated on 2020-02-24
Government Debt: % of GDP (%)

16.2

2019

16.1

2018

yearly

1981 - 2019

Updated on 2020-03-30
Forecast: Government Expenditure (NGN bn)

30,277.552

2024

27,068.330

2023

yearly

1990 - 2024

Updated on 2020-04-16
Forecast: Government Net Debt (NGN bn)

89,098.797

2024

77,841.355

2023

yearly

1990 - 2024

Updated on 2020-04-16
Forecast: Government Revenue (NGN bn)

19,020.111

2024

16,770.829

2023

yearly

1990 - 2024

Updated on 2020-04-28
Gross Federation Account Revenue (NGN bn)

2,602.290

Dec 2019

2,910.440

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Federal Govt Balance (NGN bn)

-1,135.740

Dec 2019

-675.210

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Gross Federation Account Revenue: Oil (NGN bn)

1,563.650

Dec 2019

1,340.080

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Federal Govt Revenue (NGN bn)

938.720

Dec 2019

1,738.810

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Federal Govt Expenditure (NGN bn)

2,074.460

Dec 2019

2,414.030

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Federal Govt Expenditure: Recurrent (NGN bn)

1,513.940

Dec 2019

1,991.790

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Federal Govt Expenditure: Capital (NGN bn)

442.210

Dec 2019

305.430

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Government Debt: Domestic (NGN bn)

14,272.645

Dec 2019

13,901.546

Sep 2019

quarterly

Dec 2005 - Dec 2019

Updated on 2020-03-30
Demographic and Labour Market Last Previous Frequency Range
Population (Person mn)

206.1

2020

201.0

2019

yearly

1950 - 2020

Updated on 2020-01-06
Labour Force Participation Rate (%)

52.9

2019

53.1

2018

yearly

1990 - 2019

Updated on 2020-04-10
Employed Persons (Person)

69,542,943.617

Sep 2018

69,165,624.091

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2019-03-29
Labour Productivity Growth (%)

1.14

Sep 2018

3.25

Jun 2018

quarterly

Mar 2013 - Sep 2018

Updated on 2019-05-21
Forecast: Population (Person mn)

227.713

2024

222.182

2023

yearly

1980 - 2024

Updated on 2020-04-28
Forecast: Unemployment Rate (%)

22.562

2018

17.462

2017

yearly

2010 - 2018

Updated on 2020-04-09
Population (Person mn)

199.681

2017

193.393

2016

yearly

2000 - 2017

Updated on 2019-06-03
Population: Male (Person mn)

101.447

2017

98.252

2016

yearly

2006 - 2017

Updated on 2019-06-03
Population: Male (Person mn)

101.447

2017

98.252

2016

yearly

2006 - 2017

Updated on 2019-06-03
Population: Male (Person mn)

101.447

2017

98.252

2016

yearly

2006 - 2017

Updated on 2019-06-03
Population: Female (Person mn)

98.234

2017

95.141

2016

yearly

2006 - 2017

Updated on 2019-06-03
Population: Female (Person mn)

98.234

2017

95.141

2016

yearly

2006 - 2017

Updated on 2019-06-03
Population: Female (Person mn)

98.234

2017

95.141

2016

yearly

2006 - 2017

Updated on 2019-06-03
Labour Force: Economically Active (Person)

90,470,591.606

Sep 2018

89,509,200.581

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2018-12-19
Labour Force: Economically Active: Employment: Male (Person)

39,655,607.963

Sep 2018

39,465,760.681

Jun 2018

quarterly

Mar 2014 - Sep 2018

Updated on 2019-01-14
Labour Force: Economically Active: Employment Female (Person)

29,887,335.654

Sep 2018

29,699,863.409

Jun 2018

quarterly

Mar 2014 - Sep 2018

Updated on 2019-01-14
Labour Force: Unemployment: Male (Person)

10,120,801.178

Sep 2018

9,874,330.990

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2018-12-19
Labour Force: Economically Active: Employment (Person)

69,542,943.617

Sep 2018

69,165,624.091

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2018-12-19
Labour Force: Unemployment: Female (Person)

10,806,846.811

Sep 2018

10,469,245.501

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2018-12-19
Labour Force: Economically Active: Unemployment (Person)

20,927,647.990

Sep 2018

20,343,576.491

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2018-12-19
Labour Force: Economically Active: Male (Person)

49,776,409.141

Sep 2018

49,340,091.671

Jun 2018

quarterly

Mar 2014 - Sep 2018

Updated on 2018-12-19
Labour Force: Economically Active: Female (Person)

40,694,182.465

Sep 2018

40,169,108.910

Jun 2018

quarterly

Mar 2014 - Sep 2018

Updated on 2018-12-19
Unemployment Rate (%)

23.132

Sep 2018

22.728

Jun 2018

quarterly

Mar 2012 - Sep 2018

Updated on 2018-12-19
Domestic Trade and Household Survey Last Previous Frequency Range
Motor Vehicles Sales (Unit)

9,800

2019

17,000

2018

yearly

2005 - 2019

Updated on 2020-03-13
Motor Vehicles Sales Growth (%)

-42.4

2019

107.3

2018

yearly

2006 - 2019

Updated on 2020-03-13
Motor Vehicle Sales: Commercial Cars (Unit)

4,700.000

Dec 2019

8,450.000

Dec 2018

semiannually

Dec 2005 - Dec 2019

Updated on 2020-03-13
Motor Vehicle Sales: Passenger Cars (Unit)

5,100.000

Dec 2019

8,550.000

Dec 2018

semiannually

Dec 2005 - Dec 2019

Updated on 2020-03-13
Consumer Confidence: Net Balance (% Point)

31.5

Sep 2019

30.5

Jun 2019

quarterly

Jun 2009 - Sep 2019

Updated on 2019-10-28
Consumer Confidence Growth (% Point)

4.8

Mar 2020

1.8

Dec 2019

quarterly

Jun 2010 - Mar 2020

Updated on 2020-03-25
Inflation Last Previous Frequency Range
Consumer Price Index CPI Growth (%)

12.3

Apr 2020

12.3

Mar 2020

monthly

Jan 1961 - Apr 2020

Updated on 2020-05-21
Core CPI Change (%)

10.569

Apr 2020

10.219

Mar 2020

monthly

Jan 1996 - Apr 2020

Updated on 2020-05-21
CPI: Food and Non Alcoholic Beverage Change (%)

14.944

Apr 2020

14.893

Mar 2020

monthly

Jan 1996 - Apr 2020

Updated on 2020-05-21
Forecast: Consumer Price Index Growth (%)

12.370

2021

13.393

2020

yearly

1996 - 2021

Updated on 2020-04-28
Consumer Price Index (Nov2009=100)

318.447

Apr 2020

315.232

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-05-21
Consumer Price Index: Food and Non Alcoholic Beverages (Nov2009=100)

351.499

Apr 2020

347.417

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-05-21
Consumer Price Index: Alcoholic Beverages, Tobacco and Kola (Nov2009=100)

246.096

Apr 2020

243.999

Mar 2020

monthly

Jan 1995 - Apr 2020

Updated on 2020-05-21
Foreign Trade Last Previous Frequency Range
Trade Balance (USD mn)

1,183.5

Dec 2019

110.0

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Total Exports (USD mn)

6,217.6

Feb 2020

5,450.1

Jan 2020

monthly

Jan 1981 - Feb 2020

Updated on 2020-05-23
Total Exports Growth (%)

27.7

Feb 2020

6.9

Jan 2020

monthly

Jan 1982 - Feb 2020

Updated on 2020-05-23
Aluminum: Exports (USD th)

140,649.113

2018

95,107.684

2017

yearly

1995 - 2018

Updated on 2019-11-28
Forecast: Exports of Goods Growth (%)

2.507

2024

2.176

2023

yearly

1991 - 2024

Updated on 2020-04-28
Exports: Medicament (USD th)

1,769.750

2018

2,977.215

2017

yearly

1995 - 2018

Updated on 2019-10-25
Exports: Medicinal and Pharmaceutical Product (USD th)

383.638

2018

362.488

2017

yearly

1995 - 2018

Updated on 2019-10-25
Total Imports (USD mn)

3,483.2

Feb 2020

3,584.7

Jan 2020

monthly

Jan 1981 - Feb 2020

Updated on 2020-05-23
Total Imports Growth (%)

34.2

Feb 2020

13.4

Jan 2020

monthly

Jan 1982 - Feb 2020

Updated on 2020-05-23
Imports: Medicament (USD th)

774,500.081

2018

633,472.879

2017

yearly

1995 - 2018

Updated on 2019-10-25
Imports: Medicinal and Pharmaceutical Product (USD th)

273,049.631

2018

189,473.390

2017

yearly

1995 - 2018

Updated on 2019-10-25
Exports: Crude Oil (NGN mn)

1,249,940.655

Dec 2019

1,138,666.777

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports (NGN mn)

1,396,347.949

Dec 2019

1,434,594.111

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Trade Balance (NGN mn)

362,684.951

Dec 2019

33,698.196

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Exports (NGN mn)

1,759,032.900

Dec 2019

1,468,292.307

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Exports: Europe: ow UK (NGN mn)

44,935.671

Dec 2019

20,408.642

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Exports: Europe: ow Netherlands (NGN mn)

134,564.431

Dec 2019

77,663.423

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Exports: America: ow USA (NGN mn)

25,516.071

Dec 2019

22,073.273

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Europe: ow Germany (NGN mn)

53,574.398

Dec 2019

36,029.840

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Europe: ow UK (NGN mn)

48,292.459

Dec 2019

24,310.526

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Europe: ow Netherlands (NGN mn)

45,400.250

Dec 2019

205,397.605

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Asia: ow China (NGN mn)

306,396.109

Dec 2019

395,885.925

Nov 2019

monthly

Jan 2007 - Dec 2019

Updated on 2020-03-09
Imports: America: ow USA (NGN mn)

173,316.402

Dec 2019

130,726.149

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn)

40,923.710

2018

44,363.682

2017

yearly

2003 - 2018

Updated on 2019-03-02
Exports: Vegetable Products (NGN mn)

176,320.493

2018

91,404.925

2017

yearly

2003 - 2018

Updated on 2019-03-02
Exports: Mineral Products (NGN mn)

18,012,406.653

2018

13,079,727.457

2017

yearly

2003 - 2018

Updated on 2019-03-02
Imports: Food and Live Animals (NGN mn)

118,426.732

Dec 2019

116,120.967

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn)

73,688.675

Dec 2019

324,269.843

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Chemicals and Chemical Products (NGN mn)

129,443.062

Dec 2019

235,598.917

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Manufactured Goods (NGN mn)

87,917.606

Dec 2019

137,933.613

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Imports: Machinery and Transport Equipment (NGN mn)

637,870.413

Dec 2019

539,966.672

Nov 2019

monthly

Jan 2003 - Dec 2019

Updated on 2020-03-09
Balance of Payments Last Previous Frequency Range
Foreign Direct Investment (USD mn)

495.4

Dec 2019

498.6

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
Direct Investment Abroad (USD mn)

378.9

Dec 2019

371.5

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
Current Account Balance (USD mn)

-6,953.3

Dec 2019

-2,707.4

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
Foreign Direct Investment: % of GDP (%)

0.4

Dec 2019

0.4

Sep 2019

quarterly

Mar 2010 - Dec 2019

Updated on 2020-03-25
Foreign Portfolio Investment (USD mn)

-6,039.348

Dec 2019

-1,992.435

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
External Debt (USD mn)

8,991.3

Mar 2013

8,883.4

Dec 2012

quarterly

Jun 2011 - Mar 2013

Updated on 2020-05-20
External Debt: % of GDP (%)

1.9

2012

1.9

2011

yearly

2011 - 2012

Updated on 2019-04-04
Forecast: Current Account Balance (USD bn)

-1.395

2024

-1.586

2023

yearly

1980 - 2024

Updated on 2020-04-28
BoP: Net Errors & Omission (USD mn)

-6,282.630

Dec 2019

-3,688.290

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Capital Account (USD mn)

0.000

Dec 2019

0.000

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Current Transfers (USD mn)

6,988.970

Dec 2019

5,976.560

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Current Transfers: Credit (USD mn)

7,230.980

Dec 2019

6,097.730

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Current Transfers: Debit (USD mn)

-242.010

Dec 2019

-121.170

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Income (USD mn)

-3,184.060

Dec 2019

-3,159.860

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Services: Debit (USD mn)

-10,377.100

Dec 2019

-9,694.210

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Services (USD mn)

-9,260.470

Dec 2019

-8,479.230

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Assets: Other Investment (USD mn)

14,463.720

Dec 2019

2,661.360

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Assets (USD mn)

16,664.450

Dec 2019

6,232.870

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn)

-6,039.350

Dec 2019

-1,992.430

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn)

-45.260

Dec 2019

-74.990

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account (USD mn)

13,235.940

Dec 2019

6,395.740

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Liabilities (USD mn)

-3,428.520

Dec 2019

162.870

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Assets: Direct Investment (USD mn)

-378.900

Dec 2019

-371.530

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn)

2,115.410

Dec 2019

1,656.690

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn)

2,624.890

Dec 2019

4,018.030

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Services: Credit (USD mn)

1,116.630

Dec 2019

1,214.980

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Goods (USD mn)

-1,497.750

Dec 2019

2,955.070

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Goods: Credit (USD mn)

15,739.180

Dec 2019

17,688.260

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Goods: Debit (USD mn)

-17,236.930

Dec 2019

-14,733.190

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Income: Credit (USD mn)

494.500

Dec 2019

573.830

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: CA: Income: Debit (USD mn)

-3,678.560

Dec 2019

-3,733.690

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
External Debt: Government (USD mn)

27,676.140

Dec 2019

26,941.500

Sep 2019

quarterly

Dec 2006 - Dec 2019

Updated on 2020-03-30
External Debt: Government: International Capital Market (USD mn)

10,868.350

Dec 2019

10,868.350

Sep 2019

quarterly

Mar 2011 - Dec 2019

Updated on 2020-03-30
External Debt: Service Payments (USD mn)

194.440

Dec 2018

849.973

Sep 2018

quarterly

Mar 2008 - Dec 2018

Updated on 2019-04-05
Capital Inflow: Foreign Direct Investment (USD)

110,924,229.500

Jan 2020

130,594,823.060

Dec 2019

monthly

Jan 2007 - Jan 2020

Updated on 2020-04-22
Monetary Last Previous Frequency Range
Money Supply M1 (USD mn)

32,141.605

Apr 2020

33,922.983

Mar 2020

monthly

Nov 1992 - Apr 2020

Updated on 2020-05-27
Money Supply M2 (USD mn)

88,110.796

Apr 2020

94,590.618

Mar 2020

monthly

Nov 1992 - Apr 2020

Updated on 2020-05-27
Reserve Requirement Ratio (%)

27.5

May 2020

27.5

Apr 2020

monthly

Nov 2005 - May 2020

Updated on 2020-05-29
Non Performing Loans Ratio (%)

11.4

2018

14.8

2017

yearly

2003 - 2018

Updated on 2019-11-25
Foreign Exchange Reserves (USD mn)

41,852.3

Sep 2019

43,607.8

Aug 2019

monthly

Jan 1960 - Sep 2019

Updated on 2019-10-07
Foreign Exchange Reserves: % of GDP (%)

7.316

Mar 2020

8.094

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-05-25
Foreign Exchange Reserves: Months of Import (NA)

10.4

Feb 2020

10.6

Jan 2020

monthly

Jan 1981 - Feb 2020

Updated on 2020-05-23
Gold Reserves (USD mn)

0.062

Jan 2018

0.062

Dec 2017

monthly

Dec 1950 - Jan 2018

Updated on 2020-01-28
Total Deposits (USD mn)

84,227.541

2019

82,094.880

2018

yearly

1992 - 2019

Updated on 2020-03-25
Domestic Credit (USD mn)

108,455.8

Apr 2020

116,445.7

Mar 2020

monthly

Nov 1992 - Apr 2020

Updated on 2020-05-27
Domestic Credit Growth (%)

18.9

Apr 2020

19.7

Mar 2020

monthly

Nov 1993 - Apr 2020

Updated on 2020-05-27
Monetary Survey: Liabilities: M2 (NGN mn)

31,763,941.950

Apr 2020

30,848,365.290

Mar 2020

monthly

Nov 1992 - Apr 2020

Updated on 2020-05-27
Monetary Survey: Liabilities: M2: M1 (NGN mn)

11,587,048.450

Apr 2020

11,063,132.940

Mar 2020

monthly

Nov 1992 - Apr 2020

Updated on 2020-05-27
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn)

20,176,893.500

Apr 2020

19,785,232.350

Mar 2020

monthly

Nov 1992 - Apr 2020

Updated on 2020-05-27
Monetary Survey: Liabilities: Base Money (NGN mn)

12,250,503.840

Apr 2020

10,149,359.280

Mar 2020

monthly

Jan 1993 - Apr 2020

Updated on 2020-05-27
Non Performing Loans to Gross Loans (%)

9.335

Jun 2019

11.675

Dec 2018

semiannually

Dec 2003 - Jun 2019

Updated on 2020-01-15
Banking Statistics Last Previous Frequency Range
Liquid Assets Ratio (%)

35.9

Nov 2019

34.5

Oct 2019

monthly

Jun 2001 - Nov 2019

Updated on 2020-01-24
Capital Adequacy Ratio (%)

15.3

2018

10.2

2017

yearly

2004 - 2018

Updated on 2019-10-07
Monetary Authorities: Assets (NGN mn)

43,854,805.160

Dec 2019

42,938,933.210

Nov 2019

monthly

Dec 2001 - Dec 2019

Updated on 2020-03-25
Central Bank of Nigeria: Assets (NGN th)

29,478,837,009.000

Oct 2019

28,690,905,102.000

Sep 2019

monthly

Jan 2005 - Oct 2019

Updated on 2019-11-25
Banking Sector: Regulatory Capital to Risk Weighted Assets (%)

15.272

Jun 2019

15.211

Dec 2018

semiannually

Jun 2008 - Jun 2019

Updated on 2020-01-15
Banking Sector: Tier 1 Capital to Risk Weighted Assets (%)

13.555

Jun 2019

13.538

Dec 2018

semiannually

Jun 2008 - Jun 2019

Updated on 2020-01-15
Banking Sector: Liquid Assets to Total Assets (%)

22.640

Dec 2018

20.060

Jun 2018

semiannually

Jun 2008 - Dec 2018

Updated on 2019-10-17
Banking Sector: Liquid Assets to Short Term Liabilities (%)

35.106

Jun 2019

34.146

Dec 2018

semiannually

Jun 2008 - Jun 2019

Updated on 2020-01-15
Banking Sector: Return on Assets (%)

2.529

Jun 2019

2.029

Dec 2018

semiannually

Jun 2008 - Jun 2019

Updated on 2020-01-15
Banking Sector: Interest Margin to Gross Income (%)

67.270

Dec 2018

63.940

Jun 2018

semiannually

Jun 2008 - Dec 2018

Updated on 2019-10-17
Interest and Foreign Exchange Rates Last Previous Frequency Range
Bank Lending Rate (% pa)

14.920

Apr 2020

14.710

Mar 2020

monthly

Jan 2006 - Apr 2020

Updated on 2020-05-27
Exchange Rate against USD (NGN/USD)

360.500

Apr 2020

326.125

Mar 2020

monthly

Jan 1957 - Apr 2020

Updated on 2020-04-30
Policy Rate (% pa)

12.50

May 2020

13.50

Apr 2020

monthly

Dec 2006 - May 2020

Updated on 2020-05-29
Short Term Interest Rate (% pa)

10.09

Apr 2020

14.87

Mar 2020

monthly

Jan 2010 - Apr 2020

Updated on 2020-05-04
Real Effective Exchange Rate (2005=100)

159.3

Apr 2020

155.8

Mar 2020

monthly

Dec 1979 - Apr 2020

Updated on 2020-05-18
Short Term Interest Rate: Month End: NIBOR: 3 Months (% pa)

10.093

Apr 2020

14.869

Mar 2020

monthly

Jan 2010 - Apr 2020

Updated on 2020-05-04
Policy Rate: Month End (% pa)

12.500

May 2020

13.500

Apr 2020

monthly

Dec 2006 - May 2020

Updated on 2020-05-29
Deposit Rate: Savings Deposits (% pa)

3.690

Apr 2020

3.890

Mar 2020

monthly

Jan 2006 - Apr 2020

Updated on 2020-05-27
Prime Lending Rate (% pa)

14.920

Apr 2020

14.710

Mar 2020

monthly

Jan 2006 - Apr 2020

Updated on 2020-05-27
Exchange Rate against US$: Monthly Average (NGN/USD)

360.500

Apr 2020

326.125

Mar 2020

monthly

Jan 1957 - Apr 2020

Updated on 2020-04-30
Energy Last Previous Frequency Range
Electricity Production (GWh)

7,842

Dec 2019

8,952

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
Natural Gas Production: OPEC: Marketed Production (Cub m mn)

44,250.791

2018

45,434.071

2017

yearly

1960 - 2018

Updated on 2019-09-10
Natural Gas: Exports (Cub m mn)

28,625.590

2018

32,511.246

2017

yearly

1960 - 2018

Updated on 2019-06-04
Crude Oil: Production (Barrel/Day th)

1,777.000

Apr 2020

1,844.000

Mar 2020

monthly

Jan 2002 - Apr 2020

Updated on 2020-05-13
Crude Oil: Exports (Barrel/Day th)

1,979.451

2018

1,811.106

2017

yearly

1980 - 2018

Updated on 2019-06-04
Tourism Last Previous Frequency Range
Visitor Arrivals (Person)

5,265,000

2016

6,017,000

2015

yearly

1995 - 2016

Updated on 2020-02-28
Visitor Arrivals Growth (%)

-12.5

2016

25.3

2015

yearly

1996 - 2016

Updated on 2020-02-28
Tourism Revenue (USD mn)

1,977

2018

2,615

2017

yearly

1995 - 2018

Updated on 2020-02-28
Tourism Revenue Growth (%)

-24.4

2018

140.3

2017

yearly

1996 - 2018

Updated on 2020-02-28
Business and Economic Survey Last Previous Frequency Range
Business Confidence Growth (% Point)

-12.6

Mar 2020

-0.6

Dec 2019

quarterly

Sep 2015 - Mar 2020

Updated on 2020-03-25
Financial Market Last Previous Frequency Range
Equity Market Index (03Jan1984=100)

23,021.0

Apr 2020

21,300.5

Mar 2020

monthly

Jan 1985 - Apr 2020

Updated on 2020-04-30
Market Capitalization: % of GDP (%)

9.0

2019

9.2

2018

yearly

1985 - 2019

Updated on 2020-02-24
Equity Market Index: Month End: NSE All Share (03Jan1984=100)

23,021.010

Apr 2020

21,300.470

Mar 2020

monthly

Jan 1985 - Apr 2020

Updated on 2020-04-30
Market Capitalization: Nigeria Stock Exchange (NGN tn)

24.513

Mar 2020

28.127

Jan 2020

monthly

Jun 2008 - Mar 2020

Updated on 2020-04-01
Shares Trading: Nigeria Stock Exchange: Volume (Unit bn)

5.550

Dec 2019

6.990

Nov 2019

monthly

Jan 2008 - Dec 2019

Updated on 2020-01-21
Shares Trading: Nigeria Stock Exchange: Value (NGN bn)

64.180

Dec 2019

86.990

Nov 2019

monthly

Jan 2008 - Dec 2019

Updated on 2020-01-21
Transport and Telecommunications Last Previous Frequency Range
Container Port Throughput (TEU)

1,210,000.000

2018

1,210,000.000

2017

yearly

2008 - 2018

Updated on 2019-10-31
Number of Subscriber Fixed Line (Unit)

140,491.000

2018

139,344.000

2017

yearly

1960 - 2018

Updated on 2019-09-20
Number of Subscriber Mobile (Person)

172,730,603.000

2018

144,920,170.000

2017

yearly

1960 - 2018

Updated on 2020-03-24
Teledensity: Fixed Line (Number)

0.072

2018

0.073

2017

yearly

1960 - 2018

Updated on 2020-04-17
Teledensity: Mobile (Number)

88.184

2018

75.925

2017

yearly

1960 - 2018

Updated on 2020-05-20
Exports: ICT Goods (USD th)

40.102

2018

74.153

2017

yearly

2000 - 2018

Updated on 2020-05-01
Exports: Telecommunication Equipment (USD th)

3,149.796

2018

8,482.631

2017

yearly

1995 - 2018

Updated on 2019-11-05
Exports: Television (USD th)

1,080.168

2018

664.424

2017

yearly

1995 - 2018

Updated on 2019-11-05
Imports: ICT Goods (USD th)

1,323,695.494

2018

1,022,476.240

2017

yearly

2000 - 2018

Updated on 2020-05-01
Imports: Telecommunication Equipment (USD th)

1,307,968.553

2018

777,861.472

2017

yearly

1995 - 2018

Updated on 2019-11-05
Imports: Television (USD th)

267,949.545

2018

130,907.737

2017

yearly

1995 - 2018

Updated on 2019-11-05
Passenger Traffic: Airport (Person)

17,230,438.000

2018

14,319,876.000

2017

yearly

2003 - 2018

Updated on 2019-04-11
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