Nigeria Foreign Exchange Reserves: % of GDP

2010 - 2020 | Quarterly | % | CEIC Data

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Nigeria’s Foreign Exchange Reserves: % of GDP was reported at 7.316 % in Mar 2020. This records a decrease from the previous number of 8.094 % for Dec 2019. Nigeria’s Foreign Exchange Reserves: % of GDP data is updated quarterly, averaging 8.228 % from Dec 2010 to Mar 2020, with 38 observations. The data reached an all-time high of 12.287 % in Mar 2018 and a record low of 5.287 % in Mar 2015. Nigeria’s Foreign Exchange Reserves: % of GDP data remains active status in CEIC and is reported by CEIC Data. The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Foreign Exchange Reserves: % of Nominal GDP: Quarterly: Middle East and Africa. CEIC calculates quarterly Foreign Exchange Reserves as % of Nominal GDP from monthly Foreign Exchange Reserves and quarterly Nominal GDP. The Central Bank of Nigeria provides Foreign Exchange Reserves in USD. The National Bureau of Statistics of the Federal Republic of Nigeria provides Nominal GDP in local currency, at basic prices. The Central Bank of Nigeria average market exchange rate is used for currency conversions.

What was Nigeria's Foreign Exchange Reserves: % of GDP in Mar 2020?

Last Previous Min Max Unit Frequency Range

7.316

% Mar 2020 quarterly Dec 2010 - Mar 2020

8.094

% Dec 2019 quarterly Dec 2010 - Mar 2020

5.287

Mar 2015

12.287

Mar 2018

%

quarterly

Dec 2010 - Mar 2020

Updated on 03 Jul 2020

Foreign Exchange Reserves: % of GDP by Country Comparison

Buy this table Includes Foreign Exchange Reserves: % of GDP 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
Albania (%)

22.923

Dec 2019

23.017

Sep 2019

quarterly

Dec 2008 - Dec 2019

Updated on 2020-03-27
Algeria (%)

45.256

2018

57.383

2017

yearly

1957 - 2018

Updated on 2020-01-28
Argentina (%)

8.699

Mar 2020

8.822

Dec 2019

quarterly

Dec 2004 - Mar 2020

Updated on 2020-06-23
Armenia (%)

18.738

Mar 2020

20.764

Dec 2019

quarterly

Dec 2013 - Mar 2020

Updated on 2020-06-05
Australia (%)

3.769

Mar 2020

3.611

Dec 2019

quarterly

Sep 1969 - Mar 2020

Updated on 2020-06-03
Austria (%)

1.873

Mar 2020

1.466

Dec 2019

quarterly

Dec 1995 - Mar 2020

Updated on 2020-06-26
Azerbaijan (%)

14.216

Dec 2019

14.069

Sep 2019

quarterly

Dec 2001 - Dec 2019

Updated on 2020-04-21
Bahrain (%)

8.800

Dec 2019

9.432

Sep 2019

quarterly

Dec 2007 - Dec 2019

Updated on 2020-05-26
Bangladesh (%)

10.130

2019

11.257

2018

yearly

2006 - 2019

Updated on 2019-12-10
Belarus (%)

7.367

Mar 2020

10.276

Dec 2019

quarterly

Dec 2009 - Mar 2020

Updated on 2020-06-30
Belgium (%)

2.042

Mar 2020

1.964

Dec 2019

quarterly

Mar 1999 - Mar 2020

Updated on 2020-05-29
Bolivia (%)

10.042

Dec 2019

13.029

Sep 2019

quarterly

Mar 1999 - Dec 2019

Updated on 2020-04-15
Bosnia and Herzegovina (%)

35.239

Dec 2019

35.128

Sep 2019

quarterly

Dec 2008 - Dec 2019

Updated on 2020-04-07
Botswana (%)

33.639

Dec 2019

35.536

Sep 2019

quarterly

Jun 1994 - Dec 2019

Updated on 2020-05-04
Brazil (%)

19.064

Mar 2020

18.838

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-05-26
Brunei (%)

27.484

Dec 2019

20.914

Sep 2019

quarterly

Dec 2013 - Dec 2019

Updated on 2020-03-18
Bulgaria (%)

38.813

Mar 2020

36.583

Dec 2019

quarterly

Sep 2003 - Mar 2020

Updated on 2020-06-04
Cambodia (%)

62.179

2019

53.716

2018

yearly

1993 - 2019

Updated on 2020-06-26
Canada (%)

4.293

Mar 2020

4.239

Dec 2019

quarterly

Jun 1999 - Mar 2020

Updated on 2020-05-29
Chile (%)

13.475

Mar 2020

13.972

Dec 2019

quarterly

Dec 1996 - Mar 2020

Updated on 2020-05-18
China (%)

21.775

Mar 2020

21.688

Dec 2019

quarterly

Dec 1992 - Mar 2020

Updated on 2020-04-22
Colombia (%)

15.959

Mar 2020

15.632

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-05-15
Croatia (%)

29.663

Mar 2020

33.696

Dec 2019

quarterly

Dec 1995 - Mar 2020

Updated on 2020-05-29
Cyprus (%)

0.744

Mar 2020

0.547

Dec 2019

quarterly

Mar 2002 - Mar 2020

Updated on 2020-05-29
Czech Republic (%)

58.283

Mar 2020

60.158

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-06-02
Denmark (%)

14.392

Mar 2020

17.559

Dec 2019

quarterly

Mar 2002 - Mar 2020

Updated on 2020-06-30
Ecuador (%)

1.097

Mar 2020

2.117

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-06-30
Egypt (%)

11.912

Dec 2019

12.496

Sep 2019

quarterly

Dec 2004 - Dec 2019

Updated on 2020-05-07
Estonia (%)

4.726

Mar 2020

4.195

Dec 2019

quarterly

Sep 2002 - Mar 2020

Updated on 2020-05-29
European Union (%)

2.336

Mar 2020

2.215

Dec 2019

quarterly

Dec 1999 - Mar 2020

Updated on 2020-06-09
Finland (%)

2.458

Mar 2020

2.527

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-06-18
France (%)

2.089

Mar 2020

1.898

Dec 2019

quarterly

Mar 2004 - Mar 2020

Updated on 2020-06-01
Georgia (%)

18.156

Mar 2020

18.698

Dec 2019

quarterly

Dec 1996 - Mar 2020

Updated on 2020-06-19
Germany (%)

0.996

Mar 2020

0.933

Dec 2019

quarterly

Dec 1991 - Mar 2020

Updated on 2020-05-25
Greece (%)

1.273

Mar 2020

1.017

Dec 2019

quarterly

Mar 2004 - Mar 2020

Updated on 2020-06-04
Hong Kong SAR, China (%)

121.245

Mar 2020

120.631

Dec 2019

quarterly

Jun 2000 - Mar 2020

Updated on 2020-05-15
Hungary (%)

16.464

Mar 2020

18.586

Dec 2019

quarterly

Mar 2006 - Mar 2020

Updated on 2020-06-02
Iceland (%)

30.117

Mar 2020

26.265

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-05-29
India (%)

15.419

Mar 2020

15.053

Dec 2019

quarterly

Mar 2012 - Mar 2020

Updated on 2020-06-03
Indonesia (%)

10.139

Mar 2020

10.963

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-05-05
Ireland (%)

0.893

Mar 2020

0.872

Dec 2019

quarterly

Mar 1999 - Mar 2020

Updated on 2020-06-05
Israel (%)

32.850

Mar 2020

31.598

Dec 2019

quarterly

Dec 2001 - Mar 2020

Updated on 2020-06-16
Italy (%)

2.287

Mar 2020

2.170

Dec 2019

quarterly

Dec 1999 - Mar 2020

Updated on 2020-05-29
Ivory Coast (%)

0.007

2019

0.005

2018

yearly

1962 - 2019

Updated on 2020-06-28
Japan (%)

25.515

Mar 2020

24.726

Dec 2019

quarterly

Mar 2006 - Mar 2020

Updated on 2020-06-08
Jordan (%)

28.325

Dec 2019

28.753

Sep 2019

quarterly

Dec 1992 - Dec 2019

Updated on 2020-05-11
Kazakhstan (%)

5.207

Dec 2019

5.886

Sep 2019

quarterly

Dec 2002 - Dec 2019

Updated on 2020-06-18
Kenya (%)

8.825

Mar 2020

9.542

Dec 2019

quarterly

Dec 2009 - Mar 2020

Updated on 2020-07-01
South Korea (%)

23.938

Mar 2020

24.158

Dec 2019

quarterly

Mar 1971 - Mar 2020

Updated on 2020-06-01
Kosovo (%)

10.955

Dec 2019

13.436

Sep 2019

quarterly

Dec 2010 - Dec 2019

Updated on 2020-04-03
Kuwait (%)

27.780

2019

24.731

2018

yearly

1962 - 2019

Updated on 2020-04-16
Kyrgyzstan (%)

17.956

Mar 2020

17.629

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-06-11
Laos (%)

4.813

2018

5.955

2017

yearly

2002 - 2018

Updated on 2020-03-31
Latvia (%)

12.489

Mar 2020

11.652

Dec 2019

quarterly

Mar 1997 - Mar 2020

Updated on 2020-05-29
Lebanon (%)

72.989

2018

80.918

2017

yearly

2004 - 2018

Updated on 2019-12-24
Lithuania (%)

8.690

Mar 2020

8.356

Dec 2019

quarterly

Dec 1995 - Mar 2020

Updated on 2020-06-01
Luxembourg (%)

0.356

Mar 2020

0.335

Dec 2019

quarterly

Mar 1999 - Mar 2020

Updated on 2020-07-01
Macau SAR, China (%)

46.509

Mar 2020

41.246

Dec 2019

quarterly

Dec 2001 - Mar 2020

Updated on 2020-05-30
North Macedonia (%)

23.665

Mar 2020

26.086

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-06-08
Malawi (%)

10.431

2018

11.939

2017

yearly

2002 - 2018

Updated on 2019-11-25
Malaysia (%)

26.768

Mar 2020

27.268

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-05-13
Malta (%)

4.279

Mar 2020

4.998

Dec 2019

quarterly

Dec 2000 - Mar 2020

Updated on 2020-06-04
Mauritius (%)

45.936

Mar 2020

47.681

Dec 2019

quarterly

Dec 2006 - Mar 2020

Updated on 2020-06-26
Mexico (%)

14.136

Mar 2020

13.546

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-05-26
Moldova (%)

24.394

Mar 2020

25.559

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-06-24
Mongolia (%)

20.877

Mar 2020

22.977

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-05-20
Montenegro (%)

18.213

Mar 2020

27.041

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-06-17
Morocco (%)

20.847

Mar 2020

20.319

Dec 2019

quarterly

Dec 2007 - Mar 2020

Updated on 2020-06-30
Nepal (%)

26.931

2019

31.017

2018

yearly

2002 - 2019

Updated on 2020-04-29
Netherlands (%)

0.508

Mar 2020

0.480

Dec 2019

quarterly

Sep 1999 - Mar 2020

Updated on 2020-06-24
New Zealand (%)

11.691

Mar 2020

7.760

Dec 2019

quarterly

Sep 2005 - Mar 2020

Updated on 2020-06-18
Nigeria (%)

7.316

Mar 2020

8.094

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-07-03
Norway (%)

20.095

Mar 2020

15.743

Dec 2019

quarterly

Mar 1999 - Mar 2020

Updated on 2020-05-20
Oman (%)

21.348

Mar 2020

21.505

Dec 2019

quarterly

Dec 2005 - Mar 2020

Updated on 2020-06-22
Pakistan (%)

3.192

2019

3.451

2018

yearly

2000 - 2019

Updated on 2020-06-16
Panama (%)

3.730

Mar 2020

4.748

Dec 2019

quarterly

Dec 2007 - Mar 2020

Updated on 2020-06-19
Paraguay (%)

18.833

Mar 2020

17.441

Dec 2019

quarterly

Dec 1994 - Mar 2020

Updated on 2020-06-26
Peru (%)

28.439

Mar 2020

28.148

Dec 2019

quarterly

Dec 1990 - Mar 2020

Updated on 2020-06-16
Philippines (%)

20.780

Mar 2020

20.697

Dec 2019

quarterly

Jun 2000 - Mar 2020

Updated on 2020-06-05
Poland (%)

18.101

Mar 2020

19.570

Dec 2019

quarterly

Dec 2002 - Mar 2020

Updated on 2020-05-29
Portugal (%)

2.554

Mar 2020

2.046

Dec 2019

quarterly

Dec 1999 - Mar 2020

Updated on 2020-07-01
Qatar (%)

20.234

Dec 2019

19.548

Sep 2019

quarterly

Dec 2010 - Dec 2019

Updated on 2020-05-07
Romania (%)

14.585

Mar 2020

14.200

Dec 2019

quarterly

Jun 2005 - Mar 2020

Updated on 2020-06-09
Russia (%)

25.382

Mar 2020

25.464

Dec 2019

quarterly

Dec 2011 - Mar 2020

Updated on 2020-06-17
Saudi Arabia (%)

58.745

Mar 2020

61.572

Dec 2019

quarterly

Dec 2003 - Mar 2020

Updated on 2020-06-30
Serbia (%)

24.917

Mar 2020

26.198

Dec 2019

quarterly

Mar 2004 - Mar 2020

Updated on 2020-06-02
Singapore (%)

75.196

Mar 2020

74.424

Dec 2019

quarterly

Jun 2000 - Mar 2020

Updated on 2020-05-26
Slovakia (%)

4.891

Mar 2020

4.639

Dec 2019

quarterly

Dec 1999 - Mar 2020

Updated on 2020-06-05
Slovenia (%)

0.931

Mar 2020

0.802

Dec 2019

quarterly

Dec 1995 - Mar 2020

Updated on 2020-05-29
South Africa (%)

12.344

Mar 2020

13.058

Dec 2019

quarterly

Mar 2001 - Mar 2020

Updated on 2020-06-30
Spain (%)

3.955

Mar 2020

3.887

Dec 2019

quarterly

Dec 1995 - Mar 2020

Updated on 2020-06-30
Sri Lanka (%)

7.869

Dec 2019

7.881

Sep 2019

quarterly

Dec 2010 - Dec 2019

Updated on 2020-04-01
Sudan (%)

0.000

2017

0.000

2016

yearly

1960 - 2017

Updated on 2019-07-04
Sweden (%)

8.502

Mar 2020

8.495

Dec 2019

quarterly

Mar 2000 - Mar 2020

Updated on 2020-05-29
Switzerland (%)

112.055

Mar 2020

113.459

Dec 2019

quarterly

Mar 2006 - Mar 2020

Updated on 2020-06-03
Syria (%)

31.149

2010

31.358

2009

yearly

1990 - 2010

Updated on 2019-07-04
Taiwan (%)

77.868

Mar 2020

78.203

Dec 2019

quarterly

Sep 1984 - Mar 2020

Updated on 2020-05-28
Tajikistan (%)

5.972

Dec 2019

4.108

Sep 2019

quarterly

Mar 1997 - Dec 2019

Updated on 2020-05-05
Thailand (%)

39.788

Mar 2020

39.443

Dec 2019

quarterly

Dec 1993 - Mar 2020

Updated on 2020-06-08
Tunisia (%)

17.274

Dec 2019

16.581

Sep 2019

quarterly

Dec 2000 - Dec 2019

Updated on 2020-03-31
Turkey (%)

7.823

Mar 2020

10.234

Dec 2019

quarterly

Jun 2000 - Mar 2020

Updated on 2020-05-29
Ukraine (%)

14.857

Mar 2020

15.537

Dec 2019

quarterly

Dec 2001 - Mar 2020

Updated on 2020-06-19
United Arab Emirates (%)

25.260

2019

23.308

2018

yearly

1973 - 2019

Updated on 2020-05-14
United Kingdom (%)

4.917

Mar 2020

5.182

Dec 2019

quarterly

Sep 1999 - Mar 2020

Updated on 2020-06-30
United States (%)

0.191

Mar 2020

0.194

Dec 2019

quarterly

Mar 1961 - Mar 2020

Updated on 2020-06-25
Uruguay (%)

27.460

Mar 2020

25.112

Dec 2019

quarterly

Dec 2005 - Mar 2020

Updated on 2020-06-17
Venezuela (%)

0.009

2017

0.068

2016

yearly

1995 - 2017

Updated on 2019-12-19
Vietnam (%)

29.763

2019

22.460

2018

yearly

1995 - 2019

Updated on 2020-04-08
Yemen (%)

14.480

2013

18.126

2012

yearly

1991 - 2013

Updated on 2020-05-12

Nigeria Key Series

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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)

433,449.465

2019

379,791.930

2018

yearly

1960 - 2019

Updated on 2020-07-01
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 (%)

2.623

2021

-5.399

2020

yearly

1991 - 2021

Updated on 2020-06-24
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: 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: 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 (NGN mn)

10,509,175.322

Mar 2020

10,185,747.025

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: 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: 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: 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 (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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: 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
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: 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: 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: 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: 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: 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: 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 (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: 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 (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: 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: 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: 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: 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
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
Motor Vehicle Production (Unit)

2,040.000

2008

3,072.000

2007

yearly

1999 - 2008

Updated on 2019-03-18
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
Consolidated Fiscal Balance (USD mn)

-3,706.074

Dec 2019

-2,203.476

Sep 2019

quarterly

Mar 2005 - Dec 2019

Updated on 2020-01-24
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
Unemployment Rate (%)

10.00

2013

10.60

2012

yearly

2010 - 2013

Updated on 2019-05-27
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: Employment (Person mn)

0.000

0.000

yearly

-

Updated on 2019-01-22
Forecast: Unemployment Rate (%)

22.562

2018

17.462

2017

yearly

2010 - 2018

Updated on 2020-04-09
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
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 (%)

10.697

May 2020

10.569

Apr 2020

monthly

Jan 1996 - May 2020

Updated on 2020-06-17
CPI: Food and Non Alcoholic Beverage Change (%)

14.956

May 2020

14.944

Apr 2020

monthly

Jan 1996 - May 2020

Updated on 2020-06-17
Forecast: Consumer Price Index Growth (%)

12.370

2021

13.393

2020

yearly

1996 - 2021

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

322.166

May 2020

318.447

Apr 2020

monthly

Jan 1995 - May 2020

Updated on 2020-06-17
Consumer Price Index: Food and Non Alcoholic Beverages (Nov2009=100)

356.459

May 2020

351.499

Apr 2020

monthly

Jan 1995 - May 2020

Updated on 2020-06-17
Consumer Price Index: Alcoholic Beverages, Tobacco and Kola (Nov2009=100)

248.173

May 2020

246.096

Apr 2020

monthly

Jan 1995 - May 2020

Updated on 2020-06-17
Foreign Trade Last Previous Frequency Range
Trade Balance (USD mn)

-497.5

Mar 2020

644.7

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Total Exports (USD mn)

3,821.6

Mar 2020

4,944.4

Feb 2020

monthly

Jan 1981 - Mar 2020

Updated on 2020-06-27
Total Exports Growth (%)

-27.4

Mar 2020

-0.3

Feb 2020

monthly

Jan 1982 - Mar 2020

Updated on 2020-06-27
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)

3,991.4

Mar 2020

3,372.9

Feb 2020

monthly

Jan 1981 - Mar 2020

Updated on 2020-06-27
Total Imports Growth (%)

16.0

Mar 2020

29.3

Feb 2020

monthly

Jan 1982 - Mar 2020

Updated on 2020-06-27
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)

662,778.227

Mar 2020

1,057,258.599

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Exports (NGN mn)

965,633.840

Mar 2020

1,431,939.473

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Exports: Europe: ow UK (NGN mn)

16,804.572

Mar 2020

97,543.264

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Exports: Europe: ow Netherlands (NGN mn)

79,219.039

Mar 2020

119,642.401

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
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)

47,363.917

Mar 2020

37,380.911

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Europe: ow UK (NGN mn)

32,892.642

Mar 2020

28,978.909

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Europe: ow Netherlands (NGN mn)

24,669.374

Mar 2020

145,941.922

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Asia: ow China (NGN mn)

388,762.256

Mar 2020

333,284.038

Feb 2020

monthly

Jan 2007 - Mar 2020

Updated on 2020-06-09
Imports: America: ow USA (NGN mn)

129,241.013

Mar 2020

129,953.104

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
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 (NGN mn)

1,127,880.093

Mar 2020

1,234,379.314

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Food and Live Animals (NGN mn)

152,121.791

Mar 2020

104,736.496

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn)

19,264.671

Mar 2020

290,568.770

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Chemicals and Chemical Products (NGN mn)

145,305.290

Mar 2020

130,474.907

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Manufactured Goods (NGN mn)

90,534.292

Mar 2020

112,081.224

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Imports: Machinery and Transport Equipment (NGN mn)

599,380.267

Mar 2020

528,649.992

Feb 2020

monthly

Jan 2003 - Mar 2020

Updated on 2020-06-09
Balance of Payments Last Previous Frequency Range
Current Account Balance (USD mn)

-6,953.3

Dec 2019

-2,707.5

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
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)

360.8

Mar 2020

378.9

Dec 2019

quarterly

Mar 2008 - Mar 2020

Updated on 2020-06-23
Foreign Direct Investment: % of GDP (%)

0.4

Mar 2020

0.4

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-06-23
Foreign Portfolio Investment (USD mn)

-8,335.660

Mar 2020

-6,039.348

Dec 2019

quarterly

Mar 2008 - Mar 2020

Updated on 2020-06-23
Foreign Portfolio Investment: % of GDP (%)

-7.319

Mar 2020

-4.676

Dec 2019

quarterly

Mar 2010 - Mar 2020

Updated on 2020-07-06
Foreign Portfolio Investment: Equity Securities (USD mn)

-1,414.162

Mar 2020

-87.623

Dec 2019

quarterly

Mar 2008 - Mar 2020

Updated on 2020-07-06
Foreign Portfolio Investment: Debt Securities (USD mn)

-6,921.495

Mar 2020

-5,951.725

Dec 2019

quarterly

Mar 2008 - Mar 2020

Updated on 2020-07-06
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
Net International Investment Position (USD mn)

-82,598.152

2018

-61,423.111

2017

yearly

2005 - 2018

Updated on 2019-05-23
BoP: CA: Services: Debit (USD mn)

-10,377.103

Dec 2019

-9,694.207

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-3,428.515

Dec 2019

162.873

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

2,624.894

Dec 2019

4,018.032

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

7,230.985

Dec 2019

6,097.732

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

13,235.937

Dec 2019

6,395.742

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: CF: Financial Account: Assets: Portfolio Investment (USD mn)

-45.265

Dec 2019

-74.993

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

16,664.453

Dec 2019

6,232.869

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: CA: Current Transfers: Debit (USD mn)

-242.011

Dec 2019

-121.174

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-378.897

Dec 2019

-371.530

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

6,988.974

Dec 2019

5,976.558

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

1,116.634

Dec 2019

1,214.978

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-1,497.749

Dec 2019

2,955.071

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-9,260.469

Dec 2019

-8,479.229

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-6,039.348

Dec 2019

-1,992.435

Sep 2019

quarterly

Mar 2008 - Dec 2019

Updated on 2020-03-25
BoP: Net Errors & Omission (USD mn)

-6,282.633

Dec 2019

-3,688.287

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

2,115.415

Dec 2019

1,656.686

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

15,739.181

Dec 2019

17,688.264

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-17,236.929

Dec 2019

-14,733.192

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-3,184.061

Dec 2019

-3,159.855

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

494.502

Dec 2019

573.834

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

-3,678.563

Dec 2019

-3,733.690

Sep 2019

quarterly

Mar 2008 - Dec 2019

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

27,665.660

Mar 2020

27,676.140

Dec 2019

quarterly

Dec 2006 - Mar 2020

Updated on 2020-07-03
External Debt: Government: International Capital Market (USD mn)

10,868.350

Mar 2020

10,868.350

Dec 2019

quarterly

Mar 2011 - Mar 2020

Updated on 2020-07-03
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)

34,360.142

May 2020

32,242.501

Apr 2020

monthly

Nov 1992 - May 2020

Updated on 2020-06-23
Money Supply M2 (USD mn)

90,126.303

May 2020

88,320.179

Apr 2020

monthly

Nov 1992 - May 2020

Updated on 2020-06-23
Reserve Requirement Ratio (%)

27.5

Jun 2020

27.5

May 2020

monthly

Nov 2005 - Jun 2020

Updated on 2020-06-30
Non Performing Loans Ratio (%)

11.4

2018

14.8

2017

yearly

2003 - 2018

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

36,199.0

Jun 2020

36,595.0

May 2020

monthly

Jan 1960 - Jun 2020

Updated on 2020-07-06
Foreign Exchange Reserves: % of GDP (%)

7.316

Mar 2020

8.094

Dec 2019

quarterly

Dec 2010 - Mar 2020

Updated on 2020-07-03
Foreign Exchange Reserves: Months of Import (NA)

8.8

Mar 2020

10.8

Feb 2020

monthly

Jan 1981 - Mar 2020

Updated on 2020-07-03
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
Total Deposits Growth (%)

2.607

Dec 2019

12.043

Nov 2019

monthly

Nov 1993 - Dec 2019

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

107,854.5

May 2020

108,767.2

Apr 2020

monthly

Nov 1992 - May 2020

Updated on 2020-06-23
Domestic Credit Growth (%)

20.8

May 2020

19.2

Apr 2020

monthly

Nov 1993 - May 2020

Updated on 2020-06-23
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)

12,386,831.120

May 2020

11,623,421.640

Apr 2020

monthly

Nov 1992 - May 2020

Updated on 2020-06-23
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn)

20,103,701.130

May 2020

20,216,002.890

Apr 2020

monthly

Nov 1992 - May 2020

Updated on 2020-06-23
Monetary Survey: Liabilities: Base Money (NGN mn)

12,968,506.550

May 2020

12,250,503.840

Apr 2020

monthly

Jan 1993 - May 2020

Updated on 2020-06-23
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

Jun 2020

12.50

May 2020

monthly

Dec 2006 - Jun 2020

Updated on 2020-06-30
Short Term Interest Rate (% pa)

5.39

Jun 2020

6.12

May 2020

monthly

Jan 2010 - Jun 2020

Updated on 2020-07-01
Real Effective Exchange Rate (2005=100)

137.8

May 2020

136.2

Apr 2020

monthly

Dec 1979 - May 2020

Updated on 2020-06-22
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
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)

1,592.000

May 2020

1,777.000

Apr 2020

monthly

Jan 2002 - May 2020

Updated on 2020-06-17
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: Net Balance (% Point)

1.7

Dec 2017

-17.6

Sep 2017

quarterly

Jun 2008 - Dec 2017

Updated on 2019-09-27
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)

24,479.2

Jun 2020

25,267.8

May 2020

monthly

Jan 1985 - Jun 2020

Updated on 2020-07-01
Market Capitalization: % of GDP (%)

9.0

2019

9.2

2018

yearly

1985 - 2019

Updated on 2020-02-24
Market Capitalization: Nigeria Stock Exchange (NGN tn)

27.210

May 2020

26.045

Apr 2020

monthly

Jun 2008 - May 2020

Updated on 2020-06-01
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
Motor Vehicle Registered (Unit th)

3,750.000

2015

3,590.000

2014

yearly

2005 - 2015

Updated on 2020-03-09
Container Port Throughput (TEU)

1,210,000.000

2018

1,210,000.000

2017

yearly

2008 - 2018

Updated on 2019-10-31
Liner Shipping Connectivity Index (2004=100)

18.960

2018

20.530

2017

yearly

2004 - 2018

Updated on 2019-07-18
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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