Nigeria Forecast: Population

1980 - 2028 | Yearly | Person mn | International Monetary Fund

Key information about Nigeria Population Forecast

  • Nigeria Population is forecasted to be 227.713 Person mn in Dec 2024 as reported by International Monetary Fund
  • It records an increase from the last reported number of 222.182 Person mn in Dec 2023
  • Looking ahead, Nigeria Population is projected to stand at 250.830 Person mn in Dec 2028
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Population

View Nigeria's Forecast: Population from 1980 to 2028 in the chart:

Nigeria Forecast: Population

What is Nigeria's Forecast: Population in 2028?

Nigeria Population is forecasted to be 227.713 Person mn in Dec 2024 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
250.830 2028 244.902 2027 73.424 1980 250.830 2028 Person mn yearly 1980 - 2028

Forecast: Population by Country Comparison

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Includes Forecast: Population on 195 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (Person mn) 34.263 2022 yearly 2002 - 2022
Albania (Person mn) 2.810 2028 yearly 1980 - 2028
Algeria (Person mn) 48.985 2028 yearly 1980 - 2028
Andorra (Person mn) 0.095 2028 yearly 2010 - 2028
Angola (Person mn) 42.641 2028 yearly 1980 - 2028
Antigua and Barbuda (Person mn) 0.109 2028 yearly 1980 - 2028
Argentina (Person mn) 49.149 2028 yearly 1980 - 2028
Armenia (Person mn) 2.964 2028 yearly 1992 - 2028
Aruba (Person mn) 0.106 2028 yearly 1986 - 2028
Australia (Person mn) 28.259 2028 yearly 1980 - 2028
Austria (Person mn) 9.302 2028 yearly 1980 - 2028
Azerbaijan (Person mn) 11.000 2028 yearly 1992 - 2028
Bahamas (Person mn) 0.421 2028 yearly 1980 - 2028
Bahrain (Person mn) 1.789 2028 yearly 1980 - 2028
Bangladesh (Person mn) 178.681 2028 yearly 1980 - 2028
Barbados (Person mn) 0.294 2028 yearly 1980 - 2028
Belarus (Person mn) 9.028 2028 yearly 1992 - 2028
Belgium (Person mn) 11.886 2028 yearly 1980 - 2028
Belize (Person mn) 0.498 2028 yearly 1980 - 2028
Benin (Person mn) 16.018 2028 yearly 1980 - 2028
Bhutan (Person mn) 0.805 2028 yearly 1980 - 2028
Bolivia (Person mn) 13.014 2028 yearly 1980 - 2028
Bosnia and Herzegovina (Person mn) 3.416 2028 yearly 1996 - 2028
Botswana (Person mn) 2.953 2028 yearly 1980 - 2028
Brazil (Person mn) 227.549 2028 yearly 1980 - 2028
Brunei (Person mn) 0.443 2028 yearly 1985 - 2028
Bulgaria (Person mn) 6.557 2028 yearly 1980 - 2028
Burkina Faso (Person mn) 26.880 2028 yearly 1980 - 2028
Burundi (Person mn) 15.043 2028 yearly 1980 - 2028
Cambodia (Person mn) 16.977 2028 yearly 1986 - 2028
Cameroon (Person mn) 32.244 2028 yearly 1980 - 2028
Canada (Person mn) 42.190 2028 yearly 1980 - 2028
Cape Verde (Person mn) 0.612 2028 yearly 1980 - 2028
Central African Republic (Person mn) 5.694 2028 yearly 1980 - 2028
Chad (Person mn) 20.576 2028 yearly 1980 - 2028
Chile (Person mn) 21.050 2028 yearly 1980 - 2028
China (Person mn) 1,401.069 2028 yearly 1980 - 2028
Colombia (Person mn) 54.779 2028 yearly 1980 - 2028
Comoros (Person mn) 1.193 2028 yearly 1980 - 2028
Congo (Person mn) 5.704 2028 yearly 1980 - 2028
Costa Rica (Person mn) 5.535 2028 yearly 1980 - 2028
Croatia (Person mn) 3.871 2028 yearly 1992 - 2028
Cyprus (Person mn) 0.951 2028 yearly 1980 - 2028
Czech Republic (Person mn) 10.952 2028 yearly 1995 - 2028
Democratic Republic of Congo (Person mn) 117.314 2028 yearly 1980 - 2028
Denmark (Person mn) 5.996 2028 yearly 1980 - 2028
Djibouti (Person mn) 1.093 2028 yearly 1991 - 2028
Dominica (Person mn) 0.076 2028 yearly 1981 - 2028
Dominican Republic (Person mn) 11.203 2028 yearly 1980 - 2028
Ecuador (Person mn) 19.579 2028 yearly 1980 - 2028
Egypt (Person mn) 116.670 2028 yearly 1980 - 2028
El Salvador (Person mn) 6.471 2028 yearly 1980 - 2028
Equatorial Guinea (Person mn) 1.777 2028 yearly 1980 - 2028
Eritrea (Person mn) 4.084 2028 yearly 1992 - 2028
Estonia (Person mn) 1.325 2028 yearly 1993 - 2028
Swaziland (Person mn) 1.227 2028 yearly 1980 - 2028
Ethiopia (Person mn) 114.482 2028 yearly 1980 - 2028
Fiji (Person mn) 0.940 2028 yearly 1980 - 2028
Finland (Person mn) 5.641 2028 yearly 1980 - 2028
France (Person mn) 66.760 2028 yearly 1980 - 2028
Gabon (Person mn) 2.314 2028 yearly 1980 - 2028
Gambia (Person mn) 3.066 2028 yearly 1980 - 2028
Georgia (Person mn) 3.626 2028 yearly 1994 - 2028
Germany (Person mn) 83.711 2028 yearly 1980 - 2028
Ghana (Person mn) 37.328 2028 yearly 1980 - 2028
Greece (Person mn) 10.402 2028 yearly 1980 - 2028
Grenada (Person mn) 0.118 2028 yearly 1980 - 2028
Guatemala (Person mn) 21.117 2028 yearly 1980 - 2028
Guinea (Person mn) 17.018 2028 yearly 1990 - 2028
Guinea-Bissau (Person mn) 2.145 2028 yearly 1980 - 2028
Guyana (Person mn) 0.806 2028 yearly 1980 - 2028
Haiti (Person mn) 13.069 2028 yearly 1980 - 2028
Honduras (Person mn) 11.428 2028 yearly 1980 - 2028
Hong Kong SAR, China (Person mn) 7.479 2028 yearly 1980 - 2028
Hungary (Person mn) 9.707 2028 yearly 1980 - 2028
Iceland (Person mn) 0.402 2028 yearly 1980 - 2028
India (Person mn) 1,491.670 2028 yearly 1980 - 2028
Indonesia (Person mn) 289.620 2028 yearly 1980 - 2028
Iran (Person mn) 90.961 2028 yearly 1980 - 2028
Iraq (Person mn) 49.280 2028 yearly 2003 - 2028
Ireland (Person mn) 5.449 2028 yearly 1980 - 2028
Israel (Person mn) 10.736 2028 yearly 1980 - 2028
Italy (Person mn) 58.820 2028 yearly 1980 - 2028
Ivory Coast (Person mn) 33.103 2028 yearly 1980 - 2028
Jamaica (Person mn) 2.762 2028 yearly 1980 - 2028
Japan (Person mn) 121.456 2028 yearly 1980 - 2028
Jordan (Person mn) 10.655 2028 yearly 1980 - 2028
Kazakhstan (Person mn) 21.024 2028 yearly 1992 - 2028
Kenya (Person mn) 57.977 2028 yearly 1980 - 2028
Kiribati (Person mn) 0.134 2028 yearly 1980 - 2028
South Korea (Person mn) 51.305 2028 yearly 1980 - 2028
Kosovo (Person mn) 1.775 2028 yearly 2000 - 2028
Kuwait (Person mn) 5.318 2028 yearly 1980 - 2028
Kyrgyzstan (Person mn) 7.686 2028 yearly 1992 - 2028
Laos (Person mn) 8.086 2028 yearly 1980 - 2028
Latvia (Person mn) 1.867 2028 yearly 1992 - 2028
Lebanon (Person mn) 6.825 2020 yearly 1980 - 2020
Lesotho (Person mn) 2.270 2028 yearly 1980 - 2028
Liberia (Person mn) 6.095 2028 yearly 1998 - 2028
Libya (Person mn) 7.194 2028 yearly 1980 - 2028

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Nigeria Key Series

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Includes 202 key indicators for Nigeria, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2023 quarterly Dec 2010 - Sep 2023
Consolidated Fiscal Balance (USD mn) -3,071.175 Sep 2023 quarterly Mar 2005 - Sep 2023
National Government Debt (USD mn) 101,710.7 Dec 2023 quarterly Dec 2006 - Dec 2023
Government Debt: % of GDP (%) 39.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Forecast: Government Expenditure (NGN bn) 69,308.370 2028 yearly 1990 - 2028
Forecast: Government Net Debt (NGN bn) 205,772.040 2028 yearly 1990 - 2028
Forecast: Government Revenue (NGN bn) 42,354.640 2028 yearly 1990 - 2028
Federal Govt Balance (NGN bn) -2,347.160 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Capital (NGN bn) 1,043.310 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue (NGN bn) 4,791.390 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure: Recurrent (NGN bn) 2,791.110 Sep 2023 quarterly Mar 2005 - Sep 2023
Gross Federation Account Revenue: Oil (NGN bn) 814.230 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Revenue (NGN bn) 1,693.020 Sep 2023 quarterly Mar 2005 - Sep 2023
Federal Govt Expenditure (NGN bn) 4,040.180 Sep 2023 quarterly Mar 2005 - Sep 2023
Government Debt: Domestic (NGN bn) 53,258.012 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Total Exports (USD mn) 4,751.7 Dec 2023 monthly Jan 2003 - Dec 2023
Total Exports Growth (%) 82.1 Dec 2023 monthly Jan 2004 - Dec 2023
Aluminum: Exports (USD th) 165,856.846 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 2,876.353 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 480.530 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,989.3 Mar 2023 monthly Jan 2003 - Mar 2023
Total Imports Growth (%) 34.5 Sep 2023 monthly Jan 2004 - Sep 2023
Imports: Medicament (USD th) 755,360.705 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 508,406.689 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 332.105 Dec 2023 monthly Jan 2003 - Dec 2023
Total Imports from USA (USD mn) 176.789 Dec 2023 monthly Dec 2009 - Dec 2023
Total Exports to China (USD mn) 24.772 Sep 2023 monthly Jan 2007 - Sep 2023
Total Imports from China (USD mn) 715.679 Sep 2023 monthly Jan 2007 - Sep 2023
Imports (NGN mn) 2,429,185.197 Sep 2023 monthly Jan 2003 - Sep 2023
Exports: Crude Oil (NGN mn) 3,404,818.113 Dec 2023 monthly Jan 2003 - Dec 2023
Total Trade (NGN mn) 6,865,948.584 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: America: ow USA (NGN mn) 299,453.208 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow UK (NGN mn) 93,037.938 Dec 2023 monthly Jan 2003 - Dec 2023
Exports (NGN mn) 4,284,566.609 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Europe: ow Netherlands (NGN mn) 523,568.988 Dec 2023 monthly Jan 2003 - Dec 2023
Exports: Mineral Products (NGN mn) 24,389,951.388 2022 yearly 2003 - 2022
Exports: Vegetable Products (NGN mn) 316,546.604 2022 yearly 2003 - 2022
Imports: Europe: ow Netherlands (NGN mn) 158,090.619 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: America: ow USA (NGN mn) 159,407.643 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Asia: ow China (NGN mn) 631,502.155 Dec 2023 monthly Jan 2007 - Dec 2023
Imports: Europe: ow UK (NGN mn) 71,966.938 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Europe: ow Germany (NGN mn) 68,742.651 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Chemicals and Chemical Products (NGN mn) 385,751.608 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 810,486.908 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Manufactured Goods (NGN mn) 184,959.341 Sep 2023 monthly Jan 2003 - Sep 2023
Imports: Food and Live Animals (NGN mn) 364,417.505 Dec 2023 monthly Jan 2003 - Dec 2023
Imports: Machinery and Transport Equipment (NGN mn) 639,703.694 Sep 2023 monthly Jan 2003 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 274.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance (USD mn) 2,348.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Current Account Balance: % of GDP (%) 1.8 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment (USD mn) 752.7 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Direct Investment: % of GDP (%) 0.6 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment (USD mn) 337.399 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: % of GDP (%) 0.3 Dec 2022 quarterly Mar 2010 - Dec 2022
Foreign Portfolio Investment: Equity Securities (USD mn) -2.3 Dec 2022 quarterly Mar 2008 - Dec 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 339.714 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt (USD mn) 42,495.2 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: % of GDP (%) 11.9 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 0.890 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -80,930.532 2022 yearly 2005 - 2022
BoP: CA: Current Transfers (USD mn) 5,442.967 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Capital Account (USD mn) 0.000 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) 94.452 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 1,000.946 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) -182.419 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) 1,437.945 Sep 2022 quarterly Mar 2008 - Sep 2022
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -1,699.632 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Assets (USD mn) -1,085.664 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods (USD mn) 2,798.047 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income (USD mn) -2,264.294 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Debit (USD mn) -11,787.111 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Credit (USD mn) 5,452.430 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Debit (USD mn) -4,428.113 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Debit (USD mn) -2,775.122 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 848.311 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Current Transfers: Debit (USD mn) -505.024 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: Net Errors & Omission (USD mn) -3,201.073 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services: Credit (USD mn) 1,295.268 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Income: Credit (USD mn) 510.828 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Services (USD mn) -3,132.845 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CA: Goods: Credit (USD mn) 14,585.159 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account (USD mn) 852.759 Dec 2022 quarterly Mar 2008 - Dec 2022
BoP: CF: Financial Account: Liabilities (USD mn) 1,938.423 Dec 2022 quarterly Mar 2008 - Dec 2022
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 42,495.160 Dec 2023 quarterly Dec 2006 - Dec 2023
External Debt: Government: International Capital Market (USD mn) 15,118.350 Dec 2023 quarterly Mar 2011 - Dec 2023
Capital Inflow: Foreign Direct Investment (USD) 20,080,525.860 Nov 2022 monthly Jan 2007 - Nov 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 19,608.589 Feb 2024 monthly Nov 1992 - Feb 2024
Money Supply M2 (USD mn) 60,857.230 Feb 2024 monthly Nov 1992 - Feb 2024
M2 Growth (%) 77.6 Feb 2024 monthly Nov 1993 - Feb 2024
Reserve Requirement Ratio (%) 45.0 Mar 2024 monthly Nov 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 32,360.0 Nov 2023 monthly Jan 1960 - Nov 2023
Foreign Exchange Reserves: % of GDP (%) 7.771 Sep 2023 quarterly Dec 2010 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 8.9 Nov 2023 monthly Jan 2003 - Nov 2023
Gold Reserves (USD mn) 1,273.284 Sep 2023 monthly Dec 1950 - Sep 2023
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 74,341.2 Feb 2024 monthly Nov 1992 - Feb 2024
Domestic Credit Growth (%) 63.6 Feb 2024 monthly Nov 1993 - Feb 2024
Private Debt: % of Nominal GDP (%) 16.22 Sep 2023 quarterly Dec 2010 - Sep 2023
Monetary Survey: Liabilities: Base Money (NGN mn) 21,230,656.700 Feb 2024 monthly Jan 1993 - Feb 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 30,277,249.260 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 63,691,242.700 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M2 (NGN mn) 93,968,491.960 Feb 2024 monthly Nov 1992 - Feb 2024
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.210 Dec 2022 semiannually Dec 2003 - Dec 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023

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