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Nigeria Forecast: Unemployment Rate

2010 - 2017 | Yearly | % | International Monetary Fund - World Economic Outlook

Nigeria’s Unemployment Rate is forecasted to be 16.48 % in Dec 2017 as reported by International Monetary Fund - World Economic Outlook. It records an increase from the last reported number of 16.48 % in Dec 2017. Looking ahead, Nigeria’s Unemployment Rate is projected to stand at 16.48 % in Dec 2017. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate.

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What is Nigeria's Forecast: Unemployment Rate in 2017?

Last

16.48

2017
Previous

13.38

2016
Min

5.09

2010
Max

16.48

2017
Unit

%

Frequency

yearly

Range

2010 - 2017

Updated on 12 Jul 2018
Last Previous Min Max Unit Frequency Range

16.48

2017

13.38

2016

5.09

2010

16.48

2017

%

yearly

2010 - 2017

Updated on 12 Jul 2018

View Nigeria's Forecast: Unemployment Rate from 2010 to 2017 in the chart:

Nigeria Forecast: Unemployment Rate

Series Details
Series ID

260965801

Name

Nigeria Forecast: Unemployment Rate

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

International Monetary Fund - World Economic Outlook

First Date

2010

Last Date

2017

Last Updated

12 Jul 2018

Statistics
Mean

9.78

Variance

14.19

Standard deviation

3.77

Skewness

0.64

Kurtosis

0.01

Coefficient variation

0.39

Median

9.48

Max
2017

16.48

Min
2010

5.09

Previous observation
2016

13.38

Last observation
2017

16.48

Number of Observations

8

Get This Data

More Countries/Regions for Forecast: Unemployment Rate

Country/Region Last Previous Min Max Unit Frequency Range
Albania

12.40

2023

12.65

2022

2.81

1982

26.50

1992

%

yearly

1980 - 2023

Updated on 2018-07-12
Algeria

17.65

2023

15.93

2022

9.83

2013

29.50

2000

%

yearly

1980 - 2023

Updated on 2018-07-12
Argentina

6.00

2023

6.08

2022

3.00

1980

22.45

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Armenia

18.15

2023

18.25

2022

16.20

2013

38.40

2001

%

yearly

2001 - 2023

Updated on 2018-07-12
Australia

4.98

2023

4.96

2022

4.25

2008

10.86

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Austria

5.10

2023

5.10

2022

1.60

1980

6.03

2016

%

yearly

1980 - 2023

Updated on 2018-07-12
Azerbaijan

4.87

2023

4.89

2022

4.87

2023

11.78

2000

%

yearly

2000 - 2023

Updated on 2018-07-12
Bahamas

7.76

2023

7.85

2022

6.90

2001

15.89

2011

%

yearly

1986 - 2023

Updated on 2018-07-12
Bahrain

3.85

2023

3.85

2022

3.36

2015

5.60

2007

%

yearly

2007 - 2023

Updated on 2018-07-12
Barbados

9.52

2023

9.56

2022

7.42

2007

24.41

1993

%

yearly

1981 - 2023

Updated on 2018-07-12
Belarus

1.02

2023

1.02

2022

0.10

1991

4.02

1996

%

yearly

1991 - 2023

Updated on 2018-07-12
Belgium

6.61

2023

6.65

2022

6.45

1991

11.50

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Belize

14.70

2023

13.95

2022

7.97

2016

15.00

1990

%

yearly

1990 - 2023

Updated on 2018-07-12
Bhutan

3.20

2023

3.20

2022

2.30

2005

4.00

2009

%

yearly

2004 - 2023

Updated on 2018-07-12
Bolivia

4.00

2023

4.00

2022

3.23

2012

8.71

2003

%

yearly

2000 - 2023

Updated on 2018-07-12
Bosnia and Herzegovina

24.50

2023

23.50

2022

20.50

2017

70.00

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
Brazil

9.50

2023

9.50

2022

6.79

2014

14.70

1999

%

yearly

1991 - 2023

Updated on 2018-07-12
Brunei

6.90

2023

6.90

2022

6.90

2023

9.30

2011

%

yearly

2011 - 2023

Updated on 2018-07-12
Bulgaria

5.45

2023

5.45

2022

0.03

1989

18.13

2000

%

yearly

1989 - 2023

Updated on 2018-07-12
Canada

6.50

2023

6.39

2022

6.03

2007

12.00

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
Cape Verde

8.50

2023

8.50

2022

8.50

2023

26.00

1995

%

yearly

1980 - 2023

Updated on 2018-07-12
Chile

6.00

2023

5.97

2022

5.80

2019

21.00

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
China

4.00

2023

4.00

2022

1.80

1985

4.90

1980

%

yearly

1980 - 2023

Updated on 2018-07-12
Colombia

9.00

2023

9.00

2022

4.91

1994

15.58

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Costa Rica

7.63

2023

7.63

2022

3.77

1989

9.74

2015

%

yearly

1980 - 2023

Updated on 2018-07-12
Croatia

10.00

2023

10.50

2022

9.91

1997

21.78

2002

%

yearly

1991 - 2023

Updated on 2018-07-12
Cyprus

6.52

2023

6.99

2022

1.80

1990

16.07

2014

%

yearly

1982 - 2023

Updated on 2018-07-12
Czech Republic

3.50

2023

3.50

2022

2.89

2017

8.76

2000

%

yearly

1995 - 2023

Updated on 2018-07-12
Denmark

5.80

2023

5.80

2022

3.46

2008

9.53

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Dominican Republic

5.10

2023

5.10

2022

4.64

2008

9.54

1992

%

yearly

1991 - 2023

Updated on 2018-07-12
Ecuador

4.52

2023

4.52

2022

3.80

2014

13.11

1999

%

yearly

1988 - 2023

Updated on 2018-07-12
Egypt

6.34

2023

6.97

2022

6.34

2023

13.37

2014

%

yearly

1990 - 2023

Updated on 2018-07-12
El Salvador

7.05

2023

7.05

2022

5.88

2008

10.15

1988

%

yearly

1988 - 2023

Updated on 2018-07-12
Estonia

6.08

2023

6.25

2022

4.59

2007

16.71

2010

%

yearly

1993 - 2023

Updated on 2018-07-12
Fiji

4.50

2023

4.50

2022

3.74

1996

12.00

1988

%

yearly

1986 - 2023

Updated on 2018-07-12
Finland

6.97

2023

7.03

2022

3.11

1989

16.70

1994

%

yearly

1980 - 2023

Updated on 2018-07-12
France

7.29

2023

7.53

2022

6.35

1980

10.89

1997

%

yearly

1980 - 2023

Updated on 2018-07-12
Georgia

11.76

2016

11.95

2015

7.55

1997

16.85

2009

%

yearly

1996 - 2016

Updated on 2018-07-12
Germany

3.38

2023

3.42

2022

3.36

1980

11.01

2005

%

yearly

1980 - 2023

Updated on 2018-07-12
Greece

14.74

2023

15.00

2022

2.66

1980

27.48

2013

%

yearly

1980 - 2023

Updated on 2018-07-12
Honduras

6.01

2023

6.06

2022

2.90

2007

7.38

2015

%

yearly

1980 - 2023

Updated on 2018-07-12
Hong Kong

3.09

2023

3.09

2022

1.08

1989

7.92

2003

%

yearly

1980 - 2023

Updated on 2018-07-12
Hungary

2.45

2023

2.72

2022

0.04

1985

11.29

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Iceland

4.00

2023

4.00

2022

0.31

1980

7.56

2010

%

yearly

1980 - 2023

Updated on 2018-07-12
Indonesia

5.00

2023

5.00

2022

1.52

1984

11.24

2005

%

yearly

1984 - 2023

Updated on 2018-07-12
Iran

10.29

2023

11.20

2022

9.09

1996

16.63

2001

%

yearly

1990 - 2023

Updated on 2018-07-12
Ireland

4.97

2023

5.05

2022

4.20

2001

19.00

1991

%

yearly

1985 - 2023

Updated on 2018-07-12
Israel

4.24

2023

4.24

2022

4.24

2023

13.40

2003

%

yearly

1980 - 2023

Updated on 2018-07-12
Italy

9.65

2023

9.85

2022

6.13

2007

12.63

2014

%

yearly

1980 - 2023

Updated on 2018-07-12
Jamaica

9.01

2023

9.48

2022

9.01

2023

27.58

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Japan

2.87

2023

2.87

2022

2.02

1980

5.36

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Jordan

15.28

2016

13.07

2015

5.36

1984

19.60

1993

%

yearly

1984 - 2016

Updated on 2018-07-12
Kazakhstan

4.95

2023

4.95

2022

4.95

2023

13.46

1999

%

yearly

1994 - 2023

Updated on 2018-07-12
South Korea

3.10

2023

3.10

2022

2.06

1996

6.95

1998

%

yearly

1980 - 2023

Updated on 2018-07-12
Kuwait

1.13

2023

1.13

2022

0.50

1992

7.18

1994

%

yearly

1981 - 2023

Updated on 2018-07-12
Kyrgyzstan

7.03

2023

7.03

2022

4.11

1994

12.55

2002

%

yearly

1994 - 2023

Updated on 2018-07-12
Latvia

7.85

2023

7.83

2022

3.18

1992

20.71

1996

%

yearly

1992 - 2023

Updated on 2018-07-12
Lithuania

6.45

2023

6.55

2022

4.25

2007

17.81

2010

%

yearly

1999 - 2023

Updated on 2018-07-12
Luxembourg

5.05

2023

5.04

2022

0.72

1980

7.08

2014

%

yearly

1980 - 2023

Updated on 2018-07-12
Macau

1.85

2023

1.85

2022

1.70

2014

6.38

2001

%

yearly

2001 - 2023

Updated on 2018-07-12
Macedonia

21.53

2023

21.63

2022

21.53

2023

37.25

2005

%

yearly

1996 - 2023

Updated on 2018-07-12
Malaysia

2.75

2023

2.75

2022

2.44

1997

8.26

1986

%

yearly

1985 - 2023

Updated on 2018-07-12
Malta

4.74

2023

4.74

2022

3.97

2017

12.50

1984

%

yearly

1983 - 2023

Updated on 2018-07-12
Mauritius

5.41

2023

5.41

2022

2.73

1991

20.56

1982

%

yearly

1982 - 2023

Updated on 2018-07-12
Mexico

3.43

2023

3.40

2022

0.90

1981

6.23

1995

%

yearly

1980 - 2023

Updated on 2018-07-12
Moldova

4.00

2023

4.00

2022

2.90

1993

15.00

1994

%

yearly

1993 - 2023

Updated on 2018-07-12
Mongolia

7.96

2023

7.96

2022

7.70

2011

11.60

2009

%

yearly

2007 - 2023

Updated on 2018-07-12
Morocco

8.26

2023

8.36

2022

8.26

2023

16.00

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
Myanmar

4.00

2023

4.00

2022

4.00

2023

4.00

2023

%

yearly

1998 - 2023

Updated on 2018-07-12
Netherlands

4.40

2023

4.50

2022

3.06

2000

8.25

1983

%

yearly

1980 - 2023

Updated on 2018-07-12
New Zealand

4.50

2023

4.44

2022

3.58

2007

10.68

1992

%

yearly

1980 - 2023

Updated on 2018-07-12
Nicaragua

5.93

2023

6.33

2022

5.00

2007

16.90

1995

%

yearly

1980 - 2023

Updated on 2018-07-12
Nigeria

16.48

2017

13.38

2016

5.09

2010

16.48

2017

%

yearly

2010 - 2017

Updated on 2018-07-12
Norway

3.70

2023

3.70

2022

1.65

1980

5.95

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Pakistan

6.39

2023

6.33

2022

3.07

1987

8.27

2003

%

yearly

1983 - 2023

Updated on 2018-07-12
Panama

5.82

2023

5.82

2022

4.05

2012

18.94

1989

%

yearly

1980 - 2023

Updated on 2018-07-12
Paraguay

5.79

2023

5.80

2022

3.30

1995

10.80

2002

%

yearly

1983 - 2023

Updated on 2018-07-12
Peru

6.71

2023

6.71

2022

4.16

1988

9.90

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Philippines

5.50

2023

5.50

2022

5.47

2016

11.82

2004

%

yearly

1985 - 2023

Updated on 2018-07-12
Poland

4.10

2023

3.99

2022

3.87

2020

19.93

2002

%

yearly

1990 - 2023

Updated on 2018-07-12
Portugal

5.45

2023

5.55

2022

3.86

1992

16.18

2013

%

yearly

1980 - 2023

Updated on 2018-07-12
Romania

5.00

2023

5.00

2022

3.40

1990

10.99

1994

%

yearly

1985 - 2023

Updated on 2018-07-12
Russia

5.50

2023

5.50

2022

5.16

2014

13.30

1998

%

yearly

1992 - 2023

Updated on 2018-07-12
San Marino

3.90

2023

4.67

2022

3.02

2007

9.18

2015

%

yearly

2001 - 2023

Updated on 2018-07-12
Sao Tome and Principe

9.72

2023

9.94

2022

9.72

2023

17.63

2002

%

yearly

1980 - 2023

Updated on 2018-07-12
Saudi Arabia

5.60

2016

5.59

2015

4.34

1999

6.25

2006

%

yearly

1999 - 2016

Updated on 2018-07-12
Serbia

12.86

2023

13.15

2022

12.10

2000

24.60

2012

%

yearly

1997 - 2023

Updated on 2018-07-12
Seychelles

3.00

2023

3.00

2022

1.72

2008

7.70

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
Singapore

2.10

2023

2.10

2022

1.43

1997

6.28

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Slovakia

5.98

2023

6.12

2022

5.98

2023

19.46

2001

%

yearly

1993 - 2023

Updated on 2018-07-12
Slovenia

6.20

2023

5.87

2022

4.39

2008

10.14

2013

%

yearly

1992 - 2023

Updated on 2018-07-12
South Africa

29.02

2023

28.89

2022

9.24

1980

29.02

2023

%

yearly

1980 - 2023

Updated on 2018-07-12
Spain

13.61

2023

13.68

2022

8.23

2007

26.09

2013

%

yearly

1980 - 2023

Updated on 2018-07-12
Sri Lanka

4.40

2023

4.40

2022

4.00

2012

15.90

1990

%

yearly

1990 - 2023

Updated on 2018-07-12
Sudan

15.62

2023

15.95

2022

12.03

2011

22.33

1981

%

yearly

1981 - 2023

Updated on 2018-07-12
Suriname

3.86

2023

4.61

2022

3.86

2023

13.77

2000

%

yearly

1994 - 2023

Updated on 2018-07-12
Sweden

6.60

2023

6.50

2022

2.02

1989

11.15

1993

%

yearly

1980 - 2023

Updated on 2018-07-12
Switzerland

2.81

2023

2.85

2022

0.19

1981

5.20

1997

%

yearly

1980 - 2023

Updated on 2018-07-12
Syria

8.61

2010

8.14

2009

8.09

2005

16.76

1997

%

yearly

1997 - 2010

Updated on 2018-07-12
Taiwan

3.66

2023

3.66

2022

1.23

1980

5.85

2009

%

yearly

1980 - 2023

Updated on 2018-07-12
Tajikistan

2.49

2011

2.20

2010

2.10

2009

2.50

2007

%

yearly

2003 - 2011

Updated on 2018-07-12
Thailand

0.70

2023

0.70

2022

0.66

2011

3.33

2001

%

yearly

2001 - 2023

Updated on 2018-07-12
Trinidad and Tobago

3.71

2023

3.79

2022

3.30

2014

22.24

1987

%

yearly

1981 - 2023

Updated on 2018-07-12
Tunisia

13.80

2023

14.00

2022

12.40

2007

18.89

2011

%

yearly

1990 - 2023

Updated on 2018-07-12
Turkey

10.55

2023

10.55

2022

6.00

2000

13.05

2009

%

yearly

1980 - 2023

Updated on 2018-07-12
Ukraine

7.97

2023

8.07

2022

6.35

2007

14.80

1995

%

yearly

1995 - 2023

Updated on 2018-07-12
United Kingdom

4.50

2023

4.50

2022

4.40

2018

11.75

1984

%

yearly

1980 - 2023

Updated on 2018-07-12
United States

3.86

2023

3.59

2022

3.42

2020

9.71

1982

%

yearly

1980 - 2023

Updated on 2018-07-12
Uruguay

7.18

2023

7.18

2022

6.32

2012

17.15

2003

%

yearly

1983 - 2023

Updated on 2018-07-12
Venezuela

44.31

2023

42.33

2022

6.70

2014

44.31

2023

%

yearly

1999 - 2023

Updated on 2018-07-12
Vietnam

2.20

2023

2.20

2022

2.10

2014

12.33

1990

%

yearly

1990 - 2023

Updated on 2018-07-12

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

93,055.85

2017

70,661.50

2016

121.32

1995

189,111.44

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Bank Lending Rate

17.08

May 2018

17.24

Apr 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - May 2018

Updated on 2018-06-27
Business Confidence Growth

48.6

Dec 2017

26.2

Sep 2017

-50.5

Sep 2016

48.6

Dec 2017

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2018-05-09
Business Confidence: Net Balance

1.7

Dec 2017

-17.6

Sep 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Dec 2017

Updated on 2017-12-20
CPI: Food and Non Alcoholic Beverage Change

12.95

Jun 2018

13.44

May 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Jun 2018

Updated on 2018-07-23
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017-03-30
Consolidated Fiscal Balance: % of GDP

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-05-21
Consumer Confidence Growth

-13.0

Jun 2018

1.3

Mar 2018

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Jun 2018

Updated on 2018-07-09
Consumer Confidence: Net Balance

21.2

Jun 2018

28.5

Mar 2018

21.2

Jun 2018

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2018

Updated on 2018-07-09
Consumer Price Index CPI Growth

11.2

Jun 2018

11.6

May 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jun 2018

Updated on 2018-07-23
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017-10-25
Core CPI Change

11.19

Jun 2018

11.60

May 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-23
Crude Oil: Exports

1,811.10

2017

1,738.00

2016

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2017

Updated on 2018-06-12
Crude Oil: Production

1,660.00

Jun 2018

1,632.00

May 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Jun 2018

Updated on 2018-07-11
Current Account Balance

4,468.6

Mar 2018

3,656.2

Dec 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Direct Investment Abroad

337.2

Mar 2018

321.5

Dec 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Domestic Credit

84,226.6

May 2018

90,055.5

Apr 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Domestic Credit Growth

-4.2

May 2018

-0.1

Apr 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - May 2018

Updated on 2018-06-27
Electricity Production

8,640

Dec 2017

8,371

Sep 2017

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Dec 2017

Updated on 2018-04-20
Employed Persons

69,090,006.52

Sep 2017

70,354,895.79

Jun 2017

61,804,100.00

Jun 2012

70,665,895.85

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-20
Equity Market Index

38,278.6

Jun 2018

38,104.5

May 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Jun 2018

Updated on 2018-06-29
Exchange Rate against USD

305.371

Jun 2018

305.326

May 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Jun 2018

Updated on 2018-07-02
Exports: ICT Goods

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2018-04-25
Exports: Medicament

1,568.72

2017

1,151.10

2016

353.80

2001

5,424.01

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Medicinal and Pharmaceutical Product

149.32

2017

155.92

2016

16.73

1997

6,564.54

2007

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

6,497.06

2017

18,735.53

2016

1,104.26

2001

34,433.13

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

116.67

2017

273.82

2016

60.37

2000

2,654.08

2011

USD th

yearly

1995 - 2017

Updated on 2018-07-09
External Debt

22,071.9

Mar 2018

18,913.4

Dec 2017

3,287.7

Mar 2007

22,071.9

Mar 2018

USD mn

quarterly

Dec 2006 - Mar 2018

Updated on 2018-06-21
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

57.2

1991

%

yearly

1985 - 2017

Updated on 2018-05-21
Forecast: Consumer Price Index Growth

14.00

2023

14.00

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

Updated on 2018-07-12
Forecast: Current Account Balance

2.00

2023

2.23

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Exports of Goods Growth

1.53

2023

1.37

2022

-15.34

2002

32.95

2003

%

yearly

1991 - 2023

Updated on 2018-07-12
Forecast: GDP PPP Per Capita

6,379.87

2023

6,319.75

2022

2,026.44

1991

6,379.87

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Expenditure

32,324.37

2023

27,264.45

2022

99.77

1990

32,324.37

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Net Debt

80,503.18

2023

68,575.88

2022

358.18

1990

80,503.18

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Revenue

20,397.06

2023

17,059.10

2022

96.42

1990

20,397.06

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Nominal GDP Per Capita

3,935.72

2023

3,479.15

2022

496.50

1999

3,935.72

2023

USD

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Population

222.04

2023

216.10

2022

68.45

1980

222.04

2023

Person mn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Real GDP Growth

1.95

2023

1.98

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-07-18
Foreign Direct Investment

808.6

Mar 2018

959.5

Dec 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Foreign Direct Investment: % of GDP

0.9

Mar 2018

0.9

Dec 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-07-03
Foreign Exchange Reserves

47,119.7

Jul 2018

47,788.5

Jun 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jul 2018

Updated on 2018-08-03
Foreign Exchange Reserves: % of GDP

12.28

Mar 2018

10.56

Dec 2017

5.29

Mar 2015

12.28

Mar 2018

%

quarterly

Dec 2010 - Mar 2018

Updated on 2018-06-11
Foreign Exchange Reserves: Months of Import

15.1

Apr 2018

13.9

Mar 2018

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
Foreign Portfolio Investment

5,141.95

Mar 2018

3,787.16

Dec 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
GDP Deflator Growth

7.3

Mar 2018

5.0

Dec 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
GDP per Capita

1,951.27

2017

2,156.84

2016

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2017

Updated on 2018-06-04
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Gold Reserves

0.06

Jan 2018

0.06

Dec 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Jan 2018

Updated on 2018-05-02
Government Debt: % of GDP

16.2

2017

14.3

2016

7.2

2008

80.5

1992

%

yearly

1981 - 2017

Updated on 2018-05-21
Gross Fixed Capital Formation

12,518.55

Dec 2016

11,053.34

Sep 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-04-20
Gross National Product

364,278.14

2017

395,953.77

2016

4,173.70

1960

549,528.10

2014

USD mn

yearly

1960 - 2017

Updated on 2018-06-29
Gross Savings Rate

13.1

2016

15.2

2015

13.1

2016

88.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-03
Imports: ICT Goods

1,383,238.75

2016

1,821,759.16

2014

142,900.38

2000

2,928,318.22

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

903,549.91

2017

752,308.62

2016

70,479.00

2004

903,549.91

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Medicinal and Pharmaceutical Product

318,240.10

2017

203,518.54

2016

25,695.80

2000

318,240.10

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

1,206,913.82

2017

1,155,546.96

2016

122,950.55

2000

2,586,449.75

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

222,256.39

2017

148,860.52

2016

18,501.00

2004

515,445.68

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Industrial Production Index Growth

-3.3

Dec 2017

-4.2

Sep 2017

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-04-20
Investment: % of GDP

15.3

2016

15.3

2015

14.7

2012

89.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-10
Labour Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2018-04-20
Labour Productivity Growth

1.72

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-05-21
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017-09-29
Liquid Assets Ratio

29.2

Dec 2017

23.8

Nov 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - Dec 2017

Updated on 2018-04-20
Market Capitalization: % of GDP

12.0

2017

9.1

2016

3.0

1985

29.7

2007

%

yearly

1985 - 2017

Updated on 2018-05-21
Minerals Production

129,583,436.00

2016

147,959,459.00

2015

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

36,768.26

May 2018

34,973.06

Apr 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Money Supply M2

82,433.20

May 2018

80,366.54

Apr 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

Updated on 2017-06-27
Motor Vehicle Sales: Commercial Cars

2,948.00

Dec 2017

3,800.00

Dec 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicle Sales: Passenger Cars

4,051.20

Dec 2017

19,200.00

Dec 2016

4,051.20

Dec 2017

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-04-20
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

Updated on 2018-04-20
Natural Gas Production: OPEC: Marketed Production

45,434.00

2017

42,562.00

2016

4,844.00

1995

45,434.00

2017

Cub m mn

yearly

1995 - 2017

Updated on 2018-06-12
Natural Gas: Exports

32,511.00

2017

25,147.00

2016

740.00

1999

32,511.00

2017

Cub m mn

yearly

1999 - 2017

Updated on 2018-06-12
Nominal GDP

93,232.6

Mar 2018

102,391.9

Dec 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-21
Nominal GDP Growth

9.36

Mar 2018

7.22

Dec 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017-11-23
Number of Subscriber Fixed Line

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2018-04-19
Number of Subscriber Mobile

154,342,168.00

2016

150,830,089.00

2015

0.00

1992

154,342,168.00

2016

Person

yearly

1960 - 2016

Updated on 2018-04-19
Policy Rate

14.00

Jun 2018

14.00

May 2018

6.00

Aug 2010

14.00

Jun 2018

% pa

monthly

Dec 2006 - Jun 2018

Updated on 2018-06-29
Population

190.9

2017

186.0

2016

37.9

1950

190.9

2017

Person mn

yearly

1950 - 2017

Updated on 2018-06-04
Private Consumption Expenditure

78,377.21

Dec 2016

75,468.96

Sep 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-04-20
Private Consumption: % of GDP

81.6

2016

78.2

2015

9.8

1981

81.6

2016

%

yearly

1981 - 2016

Updated on 2018-05-10
Public Consumption Expenditure

4,875.37

Dec 2017

3,821.39

Sep 2017

3,821.39

Sep 2017

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-07-30
Public Consumption: % of GDP

5.4

2016

6.6

2015

0.9

1996

9.4

2007

%

yearly

1981 - 2016

Updated on 2018-05-10
Real Effective Exchange Rate

130.7

Jun 2018

128.6

May 2018

50.9

Mar 1992

703.3

Sep 1984

2005=100

monthly

Dec 1979 - Jun 2018

Updated on 2018-07-26
Real GDP Growth

2.0

Mar 2018

2.1

Dec 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
Reserve Requirement Ratio

22.5

Jun 2018

22.5

May 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Jun 2018

Updated on 2018-06-29
Short Term Interest Rate

15.00

Jun 2018

14.77

May 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Jun 2018

Updated on 2018-07-02
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.98

2016

83.25

2015

0.00

1992

83.25

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,431.74

2017

71,281.08

2016

4,696.12

1992

104,420.24

2014

USD mn

yearly

1992 - 2017

Updated on 2018-06-19
Total Exports

5,550.7

Mar 2018

5,968.8

Feb 2018

322.9

Oct 1986

11,678.9

Aug 2011

USD mn

monthly

Jan 1981 - Mar 2018

Updated on 2018-06-23
Total Exports Growth

26.3

Apr 2018

34.2

Mar 2018

-74.9

Oct 1986

205.9

Feb 2000

%

monthly

Jan 1982 - Apr 2018

Updated on 2018-07-28
Total Imports

3,140.0

Apr 2018

3,352.9

Mar 2018

230.8

Feb 1986

6,409.5

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
Total Imports Growth

19.0

Apr 2018

19.1

Mar 2018

-66.4

Feb 1986

114.1

Jan 2011

%

monthly

Jan 1982 - Apr 2018

Updated on 2018-07-28
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-04-20
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-04-20
Trade Balance

2,742.3

Mar 2018

2,884.5

Feb 2018

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Mar 2018

Updated on 2018-06-12
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-04-20
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-04-20
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