Nigeria Forecast: Population

1980 - 2027 | Yearly | Person mn | International Monetary Fund

Key information about Nigeria Population Forecast

  • Nigeria Population is forecasted to be 216.747 Person mn in Dec 2022 as reported by International Monetary Fund
  • It records an increase from the last reported number of 211.401 Person mn in Dec 2021
  • Looking ahead, Nigeria Population is projected to stand at 244.902 Person mn in Dec 2027
  • 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 2027 in the chart:

Nigeria Forecast: Population

What is Nigeria's Forecast: Population in 2027?

Nigeria Population is forecasted to be 216.747 Person mn in Dec 2022 as reported by International Monetary Fund See the table below for more data.

Last Previous Min Max Unit Frequency Range
244.902 2027 239.073 2026 73.424 1980 244.902 2027 Person mn yearly 1980 - 2027

Forecast: Population by Country Comparison

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country/region Last Frequency Range
Afghanistan (Person mn) 32.941 2020 yearly 2002 - 2020
Albania (Person mn) 2.821 2027 yearly 1980 - 2027
Algeria (Person mn) 48.313 2027 yearly 1980 - 2027
Andorra (Person mn) 0.089 2027 yearly 2010 - 2027
Angola (Person mn) 38.165 2027 yearly 1980 - 2027
Antigua and Barbuda (Person mn) 0.109 2027 yearly 1980 - 2027
Argentina (Person mn) 48.662 2027 yearly 1980 - 2027
Armenia (Person mn) 2.964 2027 yearly 1992 - 2027
Aruba (Person mn) 0.114 2027 yearly 1986 - 2027
Australia (Person mn) 27.548 2027 yearly 1980 - 2027
Austria (Person mn) 9.217 2027 yearly 1980 - 2027
Azerbaijan (Person mn) 10.870 2027 yearly 1992 - 2027
Bahamas (Person mn) 0.416 2027 yearly 1980 - 2027
Bahrain (Person mn) 1.680 2027 yearly 1980 - 2027
Bangladesh (Person mn) 175.180 2027 yearly 1980 - 2027
Barbados (Person mn) 0.293 2027 yearly 1980 - 2027
Belarus (Person mn) 9.073 2027 yearly 1992 - 2027
Belgium (Person mn) 11.837 2027 yearly 1980 - 2027
Belize (Person mn) 0.487 2027 yearly 1980 - 2027
Benin (Person mn) 14.745 2027 yearly 1980 - 2027
Bhutan (Person mn) 0.797 2027 yearly 1980 - 2027
Bolivia (Person mn) 12.823 2027 yearly 1980 - 2027
Bosnia and Herzegovina (Person mn) 3.426 2027 yearly 1996 - 2027
Botswana (Person mn) 2.716 2027 yearly 1980 - 2027
Brazil (Person mn) 221.948 2027 yearly 1980 - 2027
Brunei (Person mn) 0.445 2027 yearly 1985 - 2027
Bulgaria (Person mn) 6.631 2027 yearly 1980 - 2027
Burkina Faso (Person mn) 25.560 2027 yearly 1980 - 2027
Burundi (Person mn) 14.605 2027 yearly 1980 - 2027
Cambodia (Person mn) 16.809 2027 yearly 1986 - 2027
Cameroon (Person mn) 31.496 2027 yearly 1980 - 2027
Canada (Person mn) 40.725 2027 yearly 1980 - 2027
Cape Verde (Person mn) 0.605 2027 yearly 1980 - 2027
Central African Republic (Person mn) 5.572 2027 yearly 1980 - 2027
Chad (Person mn) 20.030 2027 yearly 1980 - 2027
Chile (Person mn) 20.859 2027 yearly 1980 - 2027
China (Person mn) 1,404.302 2027 yearly 1980 - 2027
Colombia (Person mn) 54.253 2027 yearly 1980 - 2027
Comoros (Person mn) 1.149 2027 yearly 1980 - 2027
Congo (Person mn) 5.565 2027 yearly 1980 - 2027
Costa Rica (Person mn) 5.501 2027 yearly 1980 - 2027
Croatia (Person mn) 3.990 2027 yearly 1992 - 2027
Cyprus (Person mn) 0.943 2027 yearly 1980 - 2027
Czech Republic (Person mn) 10.757 2027 yearly 1995 - 2027
Democratic Republic of Congo (Person mn) 113.605 2027 yearly 1980 - 2027
Denmark (Person mn) 5.976 2027 yearly 1980 - 2027
Djibouti (Person mn) 1.081 2027 yearly 1991 - 2027
Dominica (Person mn) 0.076 2027 yearly 1981 - 2027
Dominican Republic (Person mn) 11.106 2027 yearly 1980 - 2027
Ecuador (Person mn) 19.307 2027 yearly 1980 - 2027
Egypt (Person mn) 115.558 2027 yearly 1980 - 2027
El Salvador (Person mn) 6.716 2027 yearly 1980 - 2027
Equatorial Guinea (Person mn) 1.730 2027 yearly 1980 - 2027
Eritrea (Person mn) 4.010 2027 yearly 1992 - 2027
Estonia (Person mn) 1.325 2027 yearly 1993 - 2027
Swaziland (Person mn) 1.214 2027 yearly 1980 - 2027
Ethiopia (Person mn) 109.664 2027 yearly 1980 - 2027
Fiji (Person mn) 0.935 2027 yearly 1980 - 2027
Finland (Person mn) 5.534 2027 yearly 1980 - 2027
France (Person mn) 66.555 2027 yearly 1980 - 2027
Gabon (Person mn) 2.289 2027 yearly 1980 - 2027
Gambia (Person mn) 2.977 2027 yearly 1980 - 2027
Georgia (Person mn) 3.654 2027 yearly 1994 - 2027
Germany (Person mn) 83.276 2027 yearly 1980 - 2027
Ghana (Person mn) 36.397 2027 yearly 1980 - 2027
Greece (Person mn) 10.422 2027 yearly 1980 - 2027
Grenada (Person mn) 0.117 2027 yearly 1980 - 2027
Guatemala (Person mn) 20.696 2027 yearly 1980 - 2027
Guinea (Person mn) 16.603 2027 yearly 1990 - 2027
Guinea-Bissau (Person mn) 2.103 2027 yearly 1980 - 2027
Guyana (Person mn) 0.804 2027 yearly 1980 - 2027
Haiti (Person mn) 12.896 2027 yearly 1980 - 2027
Honduras (Person mn) 11.231 2027 yearly 1980 - 2027
Hong Kong SAR, China (Person mn) 7.595 2027 yearly 1980 - 2027
Hungary (Person mn) 9.710 2027 yearly 1980 - 2027
Iceland (Person mn) 0.384 2027 yearly 1980 - 2027
India (Person mn) 1,467.865 2027 yearly 1980 - 2027
Indonesia (Person mn) 287.285 2027 yearly 1980 - 2027
Iran (Person mn) 90.209 2027 yearly 1980 - 2027
Iraq (Person mn) 48.032 2027 yearly 2003 - 2027
Ireland (Person mn) 5.322 2027 yearly 1980 - 2027
Israel (Person mn) 10.334 2027 yearly 1980 - 2027
Italy (Person mn) 59.054 2027 yearly 1980 - 2027
Ivory Coast (Person mn) 32.264 2027 yearly 1980 - 2027
Jamaica (Person mn) 2.759 2027 yearly 1980 - 2027
Japan (Person mn) 122.136 2027 yearly 1980 - 2027
Jordan (Person mn) 10.426 2027 yearly 1980 - 2027
Kazakhstan (Person mn) 20.413 2027 yearly 1992 - 2027
Kenya (Person mn) 56.765 2027 yearly 1980 - 2027
Kiribati (Person mn) 0.134 2027 yearly 1980 - 2027
South Korea (Person mn) 51.291 2027 yearly 1980 - 2027
Kosovo (Person mn) 1.840 2027 yearly 2000 - 2027
Kuwait (Person mn) 5.230 2027 yearly 1980 - 2027
Kyrgyzstan (Person mn) 7.527 2027 yearly 1992 - 2027
Laos (Person mn) 7.961 2027 yearly 1980 - 2027
Latvia (Person mn) 1.871 2027 yearly 1992 - 2027
Lebanon (Person mn) 6.825 2020 yearly 1980 - 2020
Lesotho (Person mn) 2.243 2027 yearly 1980 - 2027
Liberia (Person mn) 5.567 2027 yearly 1998 - 2027
Libya (Person mn) 7.122 2027 yearly 1980 - 2027

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Nigeria Key Series

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Includes 210 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 (%) -3.9 Dec 2020 quarterly Dec 2010 - Dec 2020
Consolidated Fiscal Balance (USD mn) -5,434.321 Dec 2021 quarterly Mar 2005 - Dec 2021
National Government Debt (USD mn) 88,421.5 Mar 2022 quarterly Dec 2006 - Mar 2022
Government Debt: % of GDP (%) 20.2 Dec 2021 quarterly Dec 2010 - Dec 2021
Forecast: Government Expenditure (NGN bn) 53,826.479 2027 yearly 1990 - 2027
Forecast: Government Net Debt (NGN bn) 173,827.955 2027 yearly 1990 - 2027
Forecast: Government Revenue (NGN bn) 28,821.587 2027 yearly 1990 - 2027
Federal Govt Expenditure: Capital (NGN bn) 745.710 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure: Recurrent (NGN bn) 2,627.830 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Balance (NGN bn) -2,232.330 Dec 2021 quarterly Mar 2005 - Dec 2021
Gross Federation Account Revenue (NGN bn) 2,844.730 Dec 2021 quarterly Mar 2005 - Dec 2021
Gross Federation Account Revenue: Oil (NGN bn) 1,115.170 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Expenditure (NGN bn) 3,497.670 Dec 2021 quarterly Mar 2005 - Dec 2021
Federal Govt Revenue (NGN bn) 1,265.340 Dec 2021 quarterly Mar 2005 - Dec 2021
Government Debt: Domestic (NGN bn) 20,144.028 Mar 2022 quarterly Dec 2005 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.626 2027 yearly 1991 - 2027
Trade Balance (USD mn) 2,336.0 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports (USD mn) 6,746.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Exports Growth (%) 153.9 Mar 2022 monthly Jan 2004 - Mar 2022
Aluminum: Exports (USD th) 89,277.166 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 1,579.306 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 585.807 2020 yearly 1995 - 2020
Total Imports (USD mn) 4,410.6 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports Growth (%) -7.3 Mar 2022 monthly Jan 2004 - Mar 2022
Imports: Medicament (USD th) 916,159.669 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 417,523.499 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 415.182 Mar 2022 monthly Jan 2003 - Mar 2022
Total Imports from USA (USD mn) 322.312 Mar 2022 monthly Dec 2009 - Mar 2022
Total Exports to China (USD mn) 46.245 Mar 2022 monthly Jan 2007 - Mar 2022
Total Imports from China (USD mn) 1,423.512 Dec 2021 monthly Jan 2007 - Dec 2021
Total Trade (NGN mn) 4,639,517.168 Mar 2022 monthly Jan 2003 - Mar 2022
Imports (NGN mn) 1,834,067.441 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Crude Oil (NGN mn) 2,209,623.002 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: America: ow USA (NGN mn) 172,645.951 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow UK (NGN mn) 75,924.032 Mar 2022 monthly Jan 2003 - Mar 2022
Exports (NGN mn) 2,805,449.727 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Europe: ow Netherlands (NGN mn) 279,127.005 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Netherlands (NGN mn) 102,706.239 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: America: ow USA (NGN mn) 134,027.678 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Asia: ow China (NGN mn) 531,343.215 Mar 2022 monthly Jan 2007 - Mar 2022
Imports: Europe: ow UK (NGN mn) 44,920.190 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Europe: ow Germany (NGN mn) 42,882.036 Mar 2022 monthly Jan 2003 - Mar 2022
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 44,635.113 2021 yearly 2003 - 2021
Exports: Vegetable Products (NGN mn) 259,305.350 2021 yearly 2003 - 2021
Exports: Mineral Products (NGN mn) 16,910,118.786 2021 yearly 2003 - 2021
Imports: Chemicals and Chemical Products (NGN mn) 308,561.620 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Manufactured Goods (NGN mn) 175,513.767 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Machinery and Transport Equipment (NGN mn) 605,003.903 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 338,220.193 Mar 2022 monthly Jan 2003 - Mar 2022
Imports: Food and Live Animals (NGN mn) 245,235.157 Mar 2022 monthly Jan 2003 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 822.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance (USD mn) 3,680.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Current Account Balance: % of GDP (%) 3.3 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment (USD mn) -8.7 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Direct Investment: % of GDP (%) -0.0 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 6.8 Sep 2021 quarterly Mar 2010 - Sep 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 81.8 Sep 2021 quarterly Mar 2008 - Sep 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 7,375.945 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt (USD mn) 39,969.2 Mar 2022 quarterly Dec 2006 - Mar 2022
External Debt: % of GDP (%) 8.8 2021 yearly 1985 - 2021
External Debt: Short Term (USD mn) 0.1 2019 yearly 2008 - 2019
External Debt: Short Term: % of GDP (%) 0.0 2019 yearly 2008 - 2019
Forecast: Current Account Balance (USD bn) -6.402 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -75,228.078 2021 yearly 2005 - 2021
BoP: CA: Current Transfers (USD mn) 6,458.983 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Credit (USD mn) 6,553.759 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Debit (USD mn) -3,430.782 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: Net Errors & Omission (USD mn) -6,253.815 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services (USD mn) -2,513.605 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account (USD mn) 2,573.536 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods (USD mn) 1,765.909 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Debit (USD mn) -10,884.367 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Direct Investment (USD mn) -822.340 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Debit (USD mn) -2,618.990 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) 2.464 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income: Credit (USD mn) 587.982 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities (USD mn) 11,881.648 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Income (USD mn) -2,031.008 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) -5,283.967 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Goods: Credit (USD mn) 12,650.276 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets (USD mn) -9,308.112 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Capital Account (USD mn) 0.000 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) 7,457.719 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) 4,432.631 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Current Transfers: Debit (USD mn) -94.776 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CA: Services: Credit (USD mn) 917.177 Sep 2021 quarterly Mar 2008 - Sep 2021
BoP: CF: Financial Account: Assets: Other Investment (USD mn) -3,204.269 Sep 2021 quarterly Mar 2008 - Sep 2021
External Debt: Government: International Capital Market (USD mn) 14,368.350 Dec 2021 quarterly Mar 2011 - Dec 2021
External Debt: Government (USD mn) 38,391.320 Dec 2021 quarterly Dec 2006 - Dec 2021
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Capital Inflow: Foreign Direct Investment (USD) 52,666,629.000 Feb 2022 monthly Jan 2007 - Feb 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) 47,811.710 Apr 2022 monthly Nov 1992 - Apr 2022
Money Supply M2 (USD mn) 112,095.914 Apr 2022 monthly Nov 1992 - Apr 2022
M2 Growth (%) 21.0 Apr 2022 monthly Nov 1993 - Apr 2022
Reserve Requirement Ratio (%) 27.5 May 2022 monthly Nov 2005 - May 2022
Foreign Exchange Reserves (USD mn) 38,483.7 May 2022 monthly Jan 1960 - May 2022
Foreign Exchange Reserves: % of GDP (%) 9.028 Mar 2022 quarterly Dec 2010 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 9.0 Mar 2022 monthly Jan 2003 - Mar 2022
Gold Reserves (USD mn) 0.062 Jan 2018 monthly Dec 1950 - Jan 2018
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) 129,324.9 Apr 2022 monthly Nov 1992 - Apr 2022
Domestic Credit Growth (%) 21.7 Apr 2022 monthly Nov 1993 - Apr 2022
Private Debt: % of Nominal GDP (%) 12.23 Dec 2021 quarterly Dec 2010 - Dec 2021
Monetary Survey: Liabilities: M2 (NGN mn) 46,541,102.400 Apr 2022 monthly Nov 1992 - Apr 2022
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: Base Money (NGN mn) 14,255,048.740 Apr 2022 monthly Jan 1993 - Apr 2022
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 26,690,158.390 Apr 2022 monthly Nov 1992 - Apr 2022
Monetary Survey: Liabilities: M2: M1 (NGN mn) 19,608,338.790 Mar 2022 monthly Nov 1992 - Mar 2022
Non Performing Loans to Gross Loans (%) 6.020 Dec 2020 semiannually Dec 2003 - Dec 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 13.0 Jan 2022 monthly Jul 2015 - Jan 2022

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