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Nigeria Forecast: Unemployment Rate

2010 - 2016 | Yearly | % | International Monetary Fund - World Economic Outlook

Nigeria’s Unemployment Rate is forecasted to be 13.38 % in Dec 2016 as reported by International Monetary Fund - World Economic Outlook. It records an increase from the last reported number of 13.38 % in Dec 2016. Looking ahead, Nigeria’s Unemployment Rate is projected to stand at 13.38 % in Dec 2016. 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 2016?

Last Previous Min Max Unit Frequency Range

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 10 Oct 2017

View Nigeria's Forecast: Unemployment Rate from 2010 to 2016 in the chart:

Forecast: Unemployment Rate Nigeria

Series Details
Series ID

260965801

Name

Forecast: Unemployment Rate Nigeria

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

International Monetary Fund - World Economic Outlook

First Date

2010

Last Date

2016

Last Updated

10 Oct 2017

Statistics
Mean

8.83

Variance

8.03

Standard deviation

2.83

Skewness

0.25

Kurtosis

-0.32

Coefficient variation

0.32

Median

9.00

Max
2016

13.38

Min
2010

5.09

Previous observation
2015

9.00

Last observation
2016

13.38

Number of Observations

7

Get This Data

More Countries for Forecast: Unemployment Rate

Country Last Previous Min Max Unit Frequency Range
Albania

12.75

2022

13.00

2021

2.81

1982

26.50

1992

%

yearly

1980 - 2022

Updated on 2017-10-10
Algeria

15.78

2022

15.43

2021

9.83

2013

29.50

2000

%

yearly

1980 - 2022

Updated on 2017-10-10
Argentina

6.07

2022

6.48

2021

3.00

1980

22.45

2002

%

yearly

1980 - 2022

Updated on 2017-10-10
Armenia

18.25

2022

18.35

2021

16.20

2013

38.40

2001

%

yearly

2001 - 2022

Updated on 2017-04-18
Australia

4.78

2022

4.88

2021

4.25

2008

10.86

1993

%

yearly

1980 - 2022

Updated on 2017-10-10
Austria

5.20

2022

5.10

2021

1.60

1980

6.01

2016

%

yearly

1980 - 2022

Updated on 2017-10-10
Azerbaijan

6.05

2022

6.05

2021

6.05

2022

9.66

2003

%

yearly

2003 - 2022

Updated on 2017-04-18
Bahamas

9.53

2022

9.49

2021

6.90

2001

15.89

2011

%

yearly

1986 - 2022

Updated on 2017-10-10
Bahrain

3.82

2022

3.82

2021

3.36

2015

5.60

2007

%

yearly

2007 - 2022

Updated on 2017-10-10
Barbados

9.07

2022

9.31

2021

7.42

2007

24.41

1993

%

yearly

1981 - 2022

Updated on 2017-10-10
Belarus

1.02

2022

1.02

2021

0.10

1991

4.02

1996

%

yearly

1991 - 2022

Updated on 2017-10-10
Belgium

7.06

2022

7.11

2021

6.45

1991

11.50

1982

%

yearly

1980 - 2022

Updated on 2017-10-10
Belize

17.07

2022

15.97

2021

8.20

2008

17.07

2022

%

yearly

1990 - 2022

Updated on 2017-10-10
Bhutan

3.20

2022

3.20

2021

2.30

2005

4.00

2009

%

yearly

2004 - 2022

Updated on 2017-04-18
Bolivia

4.00

2022

4.00

2021

3.23

2012

8.71

2003

%

yearly

2000 - 2022

Updated on 2017-04-18
Bosnia and Herzegovina

23.50

2022

24.00

2021

20.50

2017

70.00

1995

%

yearly

1995 - 2022

Updated on 2017-10-10
Brazil

10.00

2022

10.08

2021

3.35

1989

13.10

2017

%

yearly

1980 - 2022

Updated on 2017-10-10
Brunei

6.90

2022

6.90

2021

6.90

2022

9.30

2011

%

yearly

2011 - 2022

Updated on 2017-04-18
Bulgaria

6.10

2022

6.14

2021

0.03

1989

18.13

2000

%

yearly

1989 - 2022

Updated on 2017-10-10
Canada

6.35

2022

6.29

2021

6.03

2007

12.00

1983

%

yearly

1980 - 2022

Updated on 2017-10-10
Cape Verde

8.50

2022

8.50

2021

8.50

2022

26.00

1995

%

yearly

1980 - 2022

Updated on 2017-10-10
Chile

6.30

2022

6.33

2021

5.93

2013

21.00

1983

%

yearly

1980 - 2022

Updated on 2017-04-18
China

4.02

2022

4.02

2021

1.80

1985

4.90

1980

%

yearly

1980 - 2022

Updated on 2017-04-18
Colombia

9.00

2022

9.00

2021

4.91

1994

15.58

2002

%

yearly

1980 - 2022

Updated on 2017-10-10
Costa Rica

7.63

2022

7.63

2021

3.77

1989

9.74

2015

%

yearly

1980 - 2022

Updated on 2017-10-10
Croatia

12.00

2022

12.50

2021

9.91

1997

21.78

2002

%

yearly

1991 - 2022

Updated on 2017-10-10
Cyprus

7.71

2022

8.50

2021

1.80

1990

16.07

2014

%

yearly

1982 - 2022

Updated on 2017-10-10
Czech Republic

3.50

2022

3.50

2021

2.80

2017

8.82

2000

%

yearly

1995 - 2022

Updated on 2017-10-10
Denmark

5.80

2022

5.80

2021

3.46

2008

9.53

1993

%

yearly

1980 - 2022

Updated on 2017-10-10
Dominican Republic

5.49

2022

5.49

2021

4.64

2008

9.54

1992

%

yearly

1991 - 2022

Updated on 2017-10-10
Ecuador

4.86

2022

5.05

2021

3.80

2014

13.11

1999

%

yearly

1988 - 2022

Updated on 2017-10-10
Egypt

5.35

2022

7.06

2021

5.35

2022

13.37

2014

%

yearly

1990 - 2022

Updated on 2017-10-10
El Salvador

7.15

2022

7.15

2021

5.88

2008

10.15

1988

%

yearly

1988 - 2022

Updated on 2017-10-10
Estonia

10.12

2022

10.10

2021

4.59

2007

16.71

2010

%

yearly

1993 - 2022

Updated on 2017-10-10
Fiji

5.50

2022

5.50

2021

3.74

1996

12.00

1988

%

yearly

1986 - 2022

Updated on 2017-10-10
Finland

7.03

2022

7.23

2021

3.11

1989

16.70

1994

%

yearly

1980 - 2022

Updated on 2017-10-10
France

7.78

2022

8.02

2021

6.35

1980

10.89

1997

%

yearly

1980 - 2022

Updated on 2017-10-10
Georgia

11.76

2016

11.95

2015

7.55

1997

16.85

2009

%

yearly

1996 - 2016

Updated on 2017-10-10
Germany

3.53

2022

3.57

2021

3.36

1980

11.01

2005

%

yearly

1980 - 2022

Updated on 2017-10-10
Greece

17.10

2022

17.80

2021

2.66

1980

27.48

2013

%

yearly

1980 - 2022

Updated on 2017-10-10
Honduras

5.08

2022

5.18

2021

2.90

2007

7.38

2015

%

yearly

1980 - 2022

Updated on 2017-10-10
Hong Kong

2.48

2022

2.48

2021

1.08

1989

7.92

2003

%

yearly

1980 - 2022

Updated on 2017-10-10
Hungary

4.00

2022

4.08

2021

0.04

1985

11.29

1993

%

yearly

1980 - 2022

Updated on 2017-10-10
Iceland

4.00

2022

4.00

2021

0.31

1980

7.56

2010

%

yearly

1980 - 2022

Updated on 2017-10-10
Indonesia

5.00

2022

5.00

2021

1.52

1984

11.24

2005

%

yearly

1984 - 2022

Updated on 2017-10-10
Iran

12.20

2022

12.22

2021

9.09

1996

16.63

2001

%

yearly

1990 - 2022

Updated on 2017-10-10
Ireland

5.68

2022

5.68

2021

3.92

2001

19.00

1991

%

yearly

1985 - 2022

Updated on 2017-10-10
Israel

4.49

2022

4.49

2021

4.30

2017

13.40

2003

%

yearly

1980 - 2022

Updated on 2017-10-10
Italy

9.68

2022

9.98

2021

6.14

2007

12.63

2014

%

yearly

1980 - 2022

Updated on 2017-10-10
Jamaica

9.48

2022

9.97

2021

9.48

2022

27.58

1982

%

yearly

1980 - 2022

Updated on 2017-04-18
Japan

2.90

2022

2.90

2021

2.02

1980

5.36

2002

%

yearly

1980 - 2022

Updated on 2017-10-10
Jordan

15.28

2016

13.07

2015

5.36

1984

19.60

1993

%

yearly

1984 - 2016

Updated on 2017-10-10
Kazakhstan

4.95

2022

4.95

2021

4.95

2022

13.46

1999

%

yearly

1994 - 2022

Updated on 2017-10-10
Kuwait

2.07

2022

2.07

2021

0.50

1992

7.18

1994

%

yearly

1981 - 2022

Updated on 2017-04-18
Kyrgyzstan

7.28

2022

7.28

2021

4.11

1994

12.55

2002

%

yearly

1994 - 2022

Updated on 2017-04-18
Latvia

8.15

2022

8.19

2021

3.18

1992

20.71

1996

%

yearly

1992 - 2022

Updated on 2017-10-10
Lithuania

4.95

2022

5.20

2021

4.25

2007

17.81

2010

%

yearly

1999 - 2022

Updated on 2017-10-10
Luxembourg

5.17

2022

5.20

2021

0.72

1980

7.11

2014

%

yearly

1980 - 2022

Updated on 2017-10-10
Macau

1.85

2022

1.89

2021

1.70

2014

6.38

2001

%

yearly

2001 - 2022

Updated on 2017-10-10
Macedonia

22.45

2022

22.55

2021

22.45

2022

37.25

2005

%

yearly

1996 - 2022

Updated on 2017-04-18
Malaysia

2.75

2022

2.75

2021

2.44

1997

8.26

1986

%

yearly

1985 - 2022

Updated on 2017-10-10
Malta

4.80

2022

4.80

2021

4.40

2017

12.50

1984

%

yearly

1983 - 2022

Updated on 2017-10-10
Mauritius

4.34

2022

5.29

2021

2.73

1991

20.56

1982

%

yearly

1982 - 2022

Updated on 2017-10-10
Mexico

3.53

2022

3.53

2021

0.90

1981

6.23

1995

%

yearly

1980 - 2022

Updated on 2017-10-10
Moldova

4.20

2022

4.20

2021

2.90

1993

15.00

1994

%

yearly

1993 - 2022

Updated on 2017-04-18
Mongolia

7.96

2022

7.96

2021

7.70

2011

11.60

2009

%

yearly

2007 - 2022

Updated on 2017-04-18
Morocco

8.36

2022

8.46

2021

8.36

2022

16.00

1995

%

yearly

1995 - 2022

Updated on 2017-10-10
Myanmar

4.00

2022

4.00

2021

4.00

2022

4.00

2022

%

yearly

1998 - 2022

Updated on 2017-04-18
Netherlands

4.50

2022

4.60

2021

3.06

2000

8.25

1983

%

yearly

1980 - 2022

Updated on 2017-10-10
New Zealand

4.76

2022

4.69

2021

3.58

2007

10.68

1992

%

yearly

1980 - 2022

Updated on 2017-10-10
Nicaragua

6.33

2022

6.73

2021

5.00

2007

16.90

1995

%

yearly

1980 - 2022

Updated on 2017-10-10
Nigeria

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 10 Oct 2017
Norway

3.70

2022

3.70

2021

1.65

1980

5.95

1993

%

yearly

1980 - 2022

Updated on 2017-10-10
Pakistan

6.33

2022

6.26

2021

3.07

1987

8.27

2003

%

yearly

1983 - 2022

Updated on 2017-04-18
Panama

5.35

2022

5.35

2021

4.05

2012

18.94

1989

%

yearly

1980 - 2022

Updated on 2017-10-10
Paraguay

6.23

2022

6.17

2021

3.30

1995

10.80

2002

%

yearly

1983 - 2022

Updated on 2017-10-10
Peru

6.71

2022

6.71

2021

4.16

1988

9.90

1993

%

yearly

1980 - 2022

Updated on 2017-10-10
Philippines

5.50

2022

5.50

2021

5.50

2022

11.82

2004

%

yearly

1985 - 2022

Updated on 2017-10-10
Poland

3.84

2022

3.79

2021

3.78

2020

19.93

2002

%

yearly

1990 - 2022

Updated on 2017-10-10
Portugal

7.16

2022

7.62

2021

3.86

1992

16.18

2013

%

yearly

1980 - 2022

Updated on 2017-10-10
Romania

6.00

2022

6.00

2021

3.40

1990

10.99

1994

%

yearly

1985 - 2022

Updated on 2017-10-10
Russia

5.50

2022

5.50

2021

5.20

2014

13.30

1998

%

yearly

1992 - 2022

Updated on 2017-04-18
San Marino

4.67

2022

5.50

2021

3.02

2007

9.18

2015

%

yearly

2001 - 2022

Updated on 2017-10-10
Sao Tome and Principe

9.94

2022

10.39

2021

9.94

2022

17.63

2002

%

yearly

1980 - 2022

Updated on 2017-04-18
Saudi Arabia

5.60

2016

5.59

2015

4.34

1999

6.25

2006

%

yearly

1999 - 2016

Updated on 2017-10-10
Serbia

13.97

2022

14.41

2021

12.10

2000

24.60

2012

%

yearly

1997 - 2022

Updated on 2017-10-10
Seychelles

3.00

2022

3.00

2021

1.72

2008

7.70

1995

%

yearly

1995 - 2022

Updated on 2017-10-10
Singapore

2.10

2022

2.10

2021

1.43

1997

6.28

1982

%

yearly

1980 - 2022

Updated on 2017-10-10
Slovakia

5.70

2022

5.68

2021

5.68

2021

19.46

2001

%

yearly

1993 - 2022

Updated on 2017-10-10
Slovenia

6.79

2022

6.60

2021

4.39

2008

10.14

2013

%

yearly

1992 - 2022

Updated on 2017-10-10
South Africa

28.59

2022

28.60

2021

9.24

1980

28.60

2020

%

yearly

1980 - 2022

Updated on 2017-10-10
South Korea

3.10

2022

3.10

2021

2.06

1996

6.95

1998

%

yearly

1980 - 2022

Updated on 2017-04-18
Spain

13.91

2022

13.92

2021

8.23

2007

26.09

2013

%

yearly

1980 - 2022

Updated on 2017-10-10
Sri Lanka

4.00

2022

4.00

2021

4.00

2022

15.90

1990

%

yearly

1990 - 2022

Updated on 2017-04-18
Sudan

15.95

2022

16.27

2021

12.03

2011

22.33

1981

%

yearly

1981 - 2022

Updated on 2017-04-18
Suriname

6.17

2022

6.94

2021

6.00

2013

13.77

2000

%

yearly

1994 - 2022

Updated on 2017-10-10
Sweden

6.40

2022

6.40

2021

2.02

1989

11.15

1993

%

yearly

1980 - 2022

Updated on 2017-10-10
Switzerland

2.85

2022

2.89

2021

0.19

1981

5.20

1997

%

yearly

1980 - 2022

Updated on 2017-10-10
Syria

8.61

2010

8.14

2009

8.09

2005

16.76

1997

%

yearly

1997 - 2010

Updated on 2015-10-23
Taiwan

3.72

2022

3.72

2021

1.23

1980

5.85

2009

%

yearly

1980 - 2022

Updated on 2017-10-10
Tajikistan

2.49

2011

2.20

2010

2.10

2009

2.50

2007

%

yearly

2003 - 2011

Updated on 2015-10-23
Thailand

0.70

2022

0.70

2021

0.66

2011

3.33

2001

%

yearly

2001 - 2022

Updated on 2017-04-18
Trinidad and Tobago

3.91

2022

3.99

2021

3.30

2014

22.24

1987

%

yearly

1981 - 2022

Updated on 2017-10-10
Tunisia

12.00

2022

12.00

2021

12.00

2022

18.89

2011

%

yearly

1990 - 2022

Updated on 2017-04-18
Turkey

10.17

2022

10.30

2021

6.00

2000

13.05

2009

%

yearly

1980 - 2022

Updated on 2017-10-10
Ukraine

7.97

2022

8.17

2021

6.35

2007

14.80

1995

%

yearly

1995 - 2022

Updated on 2017-10-10
United Kingdom

4.50

2022

4.50

2021

4.39

2017

11.75

1984

%

yearly

1980 - 2022

Updated on 2017-10-10
United States

4.72

2022

4.52

2021

3.97

2000

9.71

1982

%

yearly

1980 - 2022

Updated on 2017-10-10
Uruguay

7.19

2022

7.19

2021

6.32

2012

17.15

2003

%

yearly

1983 - 2022

Updated on 2017-10-10
Venezuela

37.87

2022

36.25

2021

6.70

2014

37.87

2022

%

yearly

1999 - 2022

Updated on 2017-10-10
Vietnam

2.33

2022

2.33

2021

2.10

2014

12.33

1990

%

yearly

1990 - 2022

Updated on 2017-10-10

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Government Debt: % of GDP

16.2

2017

14.3

2016

7.3

2008

79.4

1992

%

yearly

1981 - 2017

Updated on 2018-03-19
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
Foreign Direct Investment

959.5

Dec 2017

798.4

Sep 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Imports Growth

19.3

Dec 2017

19.6

Nov 2017

-66.4

Feb 1986

114.1

Apr 2011

%

monthly

Jan 1982 - Dec 2017

Updated on 2018-03-24
Money Supply M2

78,649.26

Feb 2018

78,066.46

Jan 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Forecast: Government Revenue

17,506.73

2022

14,722.87

2021

1,986.95

2000

17,506.73

2022

NGN bn

yearly

2000 - 2022

Updated on 2017-10-10
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2017-09-18
Natural Gas: Exports

25,146.50

2016

26,703.50

2015

740.00

1999

28,266.00

2012

Cub m mn

yearly

1999 - 2016

Updated on 2017-06-13
Real GDP Growth

1.9

Dec 2017

1.4

Sep 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Labour Productivity Growth

1.96

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-04-04
Domestic Credit Growth

-1.1

Feb 2018

-2.5

Jan 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Feb 2018

Updated on 2018-03-19
Market Capitalization: % of GDP

12.0

2017

9.1

2016

2.9

1985

30.9

2007

%

yearly

1985 - 2017

Updated on 2018-03-19
Total Imports

3,285.0

Dec 2017

2,937.6

Nov 2017

230.8

Feb 1986

6,400.0

Apr 2011

USD mn

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-24
CPI: Food and Non Alcoholic Beverage Change

17.56

Feb 2018

18.88

Jan 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Feb 2018

Updated on 2018-03-19
Forecast: Nominal GDP Per Capita

2,929.74

2022

2,901.87

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017-10-10
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017-06-13
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Public Consumption: % of GDP

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 2018-03-19
Equity Market Index

41,504.5

Mar 2018

43,330.5

Feb 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Mar 2018

Updated on 2018-03-30
Domestic Credit

88,114.1

Feb 2018

84,665.3

Jan 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017-11-23
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-03-19
Core CPI Change

12.34

Feb 2018

12.68

Jan 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Feb 2018

Updated on 2018-03-19
Forecast: Government Expenditure

26,862.74

2022

22,847.78

2021

1,706.56

2000

26,862.74

2022

NGN bn

yearly

2000 - 2022

Updated on 2017-10-10
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
Crude Oil: Production

1,806.00

Feb 2018

1,781.00

Jan 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Feb 2018

Updated on 2018-03-14
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
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017-08-27
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017-03-30
Short Term Interest Rate

16.01

Mar 2018

15.98

Feb 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Mar 2018

Updated on 2018-04-03
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 2018-03-26
Forecast: Government Net Debt

65,175.03

2022

54,961.19

2021

358.18

1990

65,175.03

2022

NGN bn

yearly

1990 - 2022

Updated on 2017-10-10
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
GDP Deflator Growth

5.0

Dec 2017

9.5

Sep 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Direct Investment Abroad

321.5

Dec 2017

322.2

Sep 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Exports

4,175.5

Dec 2017

4,677.8

Nov 2017

322.9

Oct 1986

11,696.1

Aug 2011

USD mn

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-24
Bank Lending Rate

17.53

Feb 2018

17.50

Jan 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Feb 2018

Updated on 2018-03-19
Consumer Confidence: Net Balance

34.4

Dec 2017

34.8

Sep 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2017-12-20
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

56.1

1991

%

yearly

1985 - 2017

Updated on 2018-03-19
Trade Balance

2,488.5

Dec 2017

1,855.1

Nov 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Dec 2017

Updated on 2018-03-19
Forecast: GDP PPP Per Capita

6,242.81

2022

6,185.37

2021

2,026.44

1991

6,242.81

2022

PPP Intl $

yearly

1990 - 2022

Updated on 2017-10-13
Consumer Confidence Growth

4.5

Dec 2017

2.7

Sep 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Dec 2017

Updated on 2018-03-19
Exchange Rate against USD

305.240

Mar 2018

305.395

Feb 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Mar 2018

Updated on 2018-03-30
Foreign Exchange Reserves

46,208.9

Mar 2018

42,492.7

Feb 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Mar 2018

Updated on 2018-03-30
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-03-19
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2018-01-22
Consolidated Fiscal Balance: % of GDP

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-03-19
Consumer Price Index CPI Growth

14.3

Feb 2018

15.1

Jan 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Feb 2018

Updated on 2018-03-19
External Debt

18,913.4

Dec 2017

15,352.1

Sep 2017

3,287.7

Mar 2007

18,913.4

Dec 2017

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
Real Effective Exchange Rate

124.4

Feb 2018

124.6

Jan 2018

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Feb 2018

Updated on 2018-03-19
Gross National Product

395,953.77

2016

468,409.35

2015

4,173.70

1960

549,528.10

2014

USD mn

yearly

1960 - 2016

Updated on 2018-03-19
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2018-03-19
Labour Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2017-12-18
Current Account Balance: % of GDP

3.8

Dec 2017

2.0

Sep 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
M2 Growth

8.1

Feb 2018

3.2

Jan 2018

-2.2

Nov 2013

100.1

Mar 2008

%

monthly

Nov 1993 - Feb 2018

Updated on 2018-03-19
Reserve Requirement Ratio

22.5

Mar 2018

22.5

Feb 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Mar 2018

Updated on 2018-03-30
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 2018-03-19
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2018-03-19
Business Confidence Growth

22.5

Dec 2017

6.7

Sep 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2018-03-19
Foreign Direct Investment: % of GDP

0.9

Dec 2017

0.8

Sep 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-29
Policy Rate

14.00

Mar 2018

14.00

Feb 2018

6.00

Aug 2010

14.00

Mar 2018

% pa

monthly

Dec 2006 - Mar 2018

Updated on 2018-03-30
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 2018-03-19
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017-10-10
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017-10-27
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 2018-03-19
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-03-19
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 2018-04-04
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

Updated on 2018-03-19
Forecast: Consumer Price Index Growth

14.50

2022

14.50

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017-10-10
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017-10-10
Imports: Telecommunication Equipment

1,472,076.43

2016

1,678,702.84

2015

122,369.76

2000

2,587,404.96

2008

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Imports: Television

233,037.11

2016

291,353.60

2015

18,501.00

2004

515,894.12

2014

USD th

yearly

1995 - 2016

Updated on 2017-06-15
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 2017-09-18
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
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
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Imports: Medicament

206,780.69

2016

253,802.12

2015

26,577.00

2004

364,249.10

2014

USD th

yearly

1995 - 2016

Updated on 2017-06-16
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2018-03-19
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2018-03-19
Total Deposits

115,177.95

2014

108,027.98

2013

8,990.28

2001

115,177.95

2014

USD mn

yearly

2001 - 2014

Updated on 2018-03-19
Imports: ICT Goods

1,821,759.16

2014

1,599,075.80

2013

142,895.81

2000

2,928,318.22

2010

USD th

yearly

2000 - 2014

Updated on 2016-01-28
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-15
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 2017-09-18
Teledensity: Mobile

81.82

2016

82.19

2015

0.00

1992

82.19

2015

Number

yearly

1960 - 2016

Updated on 2017-09-18
Natural Gas Production: OPEC: Marketed Production

42,562.40

2016

45,148.10

2015

4,844.00

1995

45,148.10

2015

Cub m mn

yearly

1995 - 2016

Updated on 2017-06-13
Imports: Medicinal and Pharmaceutical Product

62,172.38

2016

72,309.87

2015

2,093.71

1996

102,212.69

2014

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Minerals Production

147,959,459.00

2015

145,160,994.00

2014

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2015

Updated on 2017-05-19
National Government Debt

60,130.0

Dec 2017

56,280.9

Sep 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
Nominal GDP

102,175.2

Dec 2017

96,465.1

Sep 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-19
Current Account Balance

3,656.2

Dec 2017

1,973.6

Sep 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
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 2018-03-19
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 2018-03-19
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-03-19
Foreign Exchange Reserves: Months of Import

12.0

Dec 2017

13.0

Nov 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-29
Foreign Portfolio Investment

3,787.16

Dec 2017

3,320.84

Sep 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Exports Growth

-1.6

Dec 2017

48.9

Nov 2017

-74.9

Oct 1986

208.6

Feb 2000

%

monthly

Jan 1982 - Dec 2017

Updated on 2018-03-24
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-03-19
Nominal GDP Growth

6.99

Dec 2017

10.98

Sep 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Public Consumption Expenditure

5,034.87

Dec 2016

4,561.36

Sep 2016

4,561.36

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Money Supply M1

35,137.65

Feb 2018

35,311.98

Jan 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Foreign Exchange Reserves: % of GDP

10.57

Dec 2017

9.06

Sep 2017

5.29

Mar 2015

10.57

Dec 2017

%

quarterly

Dec 2010 - Dec 2017

Updated on 2018-03-29
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017-04-18
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
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 2016-01-28