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Nigeria Foreign Exchange Reserves: Months of Import

1981 - 2017 | Monthly | NA | CEIC

Nigeria's Foreign Exchange Reserves equaled 11.5 Months of Import in Aug 2017, compared with the ratio of 10.8 in the previous month. Nigeria's Foreign Exchange Reserves: Months of Import data is updated monthly, available from Jan 1981 to Aug 2017. The data reached an all-time high of 37.7 in Apr 1989 and a record low of 0.2 in Dec 1983. CEIC calculates Foreign Exchange Reserves as Months of Import from monthly Foreign Exchange Reserves and monthly Imports. The Central Bank of Nigeria provides Foreign Exchange Reserves in USD. The International Monetary Fund provides Imports in USD. Foreign Exchange Reserves excludes SDRs, Gold and IMF position.

In the latest reports, Nigeria's Foreign Exchange Reserves was measured at 34.9 USD bn in Nov 2017. Its Money Supply M2 increased 1.4 % YoY in Oct 2017. Nigeria's Domestic Credit reached 89.1 USD bn in Oct 2017, representing an increased of 1.8 % YoY. The country's Non Performing Loans Ratio stood at 4.9 % in Dec 2015, compared with the ratio of 2.9 % in the previous year.

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What was Nigeria's Foreign Exchange Reserves: Months of Import in Aug 2017?

Last Previous Min Max Unit Frequency Range

11.5

Aug 2017

10.8

Jul 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017

View Nigeria's Foreign Exchange Reserves: Months of Import from Jan 1981 to Aug 2017 in the chart:

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Foreign Exchange Reserves: Months of Import: Nigeria

Series Details
Series ID

237945103

Name

Foreign Exchange Reserves: Months of Import: Nigeria

Country

Nigeria

Frequency

Monthly

Unit

NA

Status

Active

Source

CEIC Generate

First Date

Jan 1981

Last Date

Aug 2017

Last Updated

22 Nov 2017

Statistics
Mean

10.23

Variance

38.96

Standard deviation

6.24

Skewness

0.48

Kurtosis

0.36

Coefficient variation

0.61

Median

9.80

Max
Apr 1989

37.75

Min
Dec 1983

0.16

Previous observation
Jul 2017

10.81

Last observation
Aug 2017

11.49

Number of Observations

440

Get This Data

More Countries for Foreign Exchange Reserves: Months of Import

Country Last Previous Min Max Unit Frequency Range
United States

0.2

Oct 2017

0.2

Sep 2017

0.2

Mar 2015

1.4

Feb 1991

NA

monthly

Jan 1989 - Oct 2017

Updated on Dec 2017
Canada

2.0

Oct 2017

1.9

Sep 2017

1.0

May 2006

2.4

Jan 2016

NA

monthly

Jun 1999 - Oct 2017

Updated on Dec 2017
France

0.7

Oct 2017

0.8

Sep 2017

0.4

Mar 2012

1.0

Aug 2007

NA

monthly

Feb 2004 - Oct 2017

Updated on Dec 2017
Germany

0.4

Oct 2017

0.4

Sep 2017

0.3

Mar 2011

6.1

Sep 1973

NA

monthly

Jan 1957 - Oct 2017

Updated on Dec 2017
Italy

1.0

Sep 2017

1.2

Aug 2017

0.6

Mar 2008

2.0

Aug 2003

NA

monthly

Dec 1999 - Sep 2017

Updated on Nov 2017
Japan

21.1

Oct 2017

21.7

Sep 2017

9.6

Oct 2000

26.3

Feb 2009

NA

monthly

Apr 2000 - Oct 2017

Updated on Nov 2017
United Kingdom

2.1

Oct 2017

2.0

Sep 2017

0.7

Jul 2008

2.5

Jul 2017

NA

monthly

Jul 1999 - Oct 2017

Updated on Dec 2017
Austria

0.4

Aug 2017

0.5

Jul 2017

0.4

Mar 2010

6.3

Sep 1958

NA

monthly

Jan 1957 - Aug 2017

Updated on Nov 2017
Belgium

0.3

Sep 2017

0.4

Aug 2017

0.2

Mar 2011

0.9

Jul 1999

NA

monthly

Jan 1999 - Sep 2017

Updated on Nov 2017
Bulgaria

9.3

Sep 2017

8.8

Aug 2017

4.3

Mar 2006

9.9

Sep 2016

NA

monthly

Sep 2003 - Sep 2017

Updated on Nov 2017
Cyprus

0.1

Sep 2017

0.1

Aug 2017

0.0

Apr 2013

10.2

Feb 2002

NA

monthly

Jan 2002 - Sep 2017

Updated on Nov 2017
Czech Republic

9.1

Oct 2017

10.1

Sep 2017

2.7

Oct 2007

11.7

Jul 2017

NA

monthly

Mar 2000 - Oct 2017

Updated on Dec 2017
Denmark

8.5

Sep 2017

8.4

Aug 2017

2.4

Oct 2008

15.8

Feb 2015

NA

monthly

Jan 2002 - Sep 2017

Updated on Nov 2017
Estonia

0.2

Sep 2017

0.2

Aug 2017

0.1

Sep 2011

4.9

May 2009

NA

monthly

Jan 2001 - Sep 2017

Updated on Nov 2017
Finland

1.0

Oct 2017

1.0

Sep 2017

0.7

Mar 2011

3.0

Feb 2002

NA

monthly

Jan 2000 - Oct 2017

Updated on Dec 2017
Greece

0.4

Oct 2017

0.5

Sep 2017

0.0

Aug 2011

0.8

Jan 2004

NA

monthly

Jan 2004 - Oct 2017

Updated on Dec 2017
Hungary

2.7

Sep 2017

3.0

Aug 2017

2.2

Apr 2004

7.3

Aug 2009

NA

monthly

Jan 2002 - Sep 2017

Updated on Dec 2017
Iceland

9.7

Oct 2017

9.2

Sep 2017

1.3

Mar 2001

22.3

Feb 2012

NA

monthly

Oct 2000 - Oct 2017

Updated on Dec 2017
Ireland

0.3

Sep 2017

0.3

Aug 2017

0.0

Nov 2012

1.5

Jan 1999

NA

monthly

Jan 1999 - Sep 2017

Updated on Nov 2017
Latvia

2.5

Sep 2017

2.4

Aug 2017

1.9

Oct 2014

9.3

Jan 2010

NA

monthly

Jan 1997 - Sep 2017

Updated on Nov 2017
Lithuania

0.9

Oct 2017

0.6

Sep 2017

0.1

Jul 2015

4.6

Feb 2010

NA

monthly

Jan 1999 - Oct 2017

Updated on Dec 2017
Argentina

7.5

Oct 2017

7.5

Sep 2017

3.4

Jan 1990

22.1

Feb 2002

NA

monthly

Jan 1990 - Oct 2017

Updated on Nov 2017
Luxembourg

0.1

Sep 2017

0.1

Aug 2017

0.0

Mar 1999

0.3

May 2008

NA

monthly

Jan 1999 - Sep 2017

Updated on Nov 2017
Malta

1.1

Sep 2017

1.5

Aug 2017

0.2

Nov 2011

9.9

Jan 2004

NA

monthly

Oct 1994 - Sep 2017

Updated on Nov 2017
Bolivia

10.4

Sep 2017

9.7

Aug 2017

2.5

Feb 2003

21.4

Feb 2010

NA

monthly

Jan 2000 - Sep 2017

Updated on Nov 2017
Netherlands

0.1

Sep 2017

0.1

Aug 2017

0.1

May 2017

0.5

Aug 2002

NA

monthly

Sep 1999 - Sep 2017

Updated on Nov 2017
Norway

9.1

Oct 2017

9.1

Sep 2017

4.8

Mar 2011

12.3

Apr 2017

NA

monthly

Jan 1999 - Oct 2017

Updated on Nov 2017
Brazil

28.3

Nov 2017

27.2

Oct 2017

6.3

Mar 2001

34.2

Apr 2017

NA

monthly

Nov 2000 - Nov 2017

Updated on Dec 2017
Poland

5.5

Sep 2017

5.6

Aug 2017

3.3

Oct 2007

7.5

Jan 2000

NA

monthly

Jan 2000 - Sep 2017

Updated on Nov 2017
Chile

6.7

Nov 2017

7.1

Oct 2017

3.5

Apr 2008

12.3

Feb 2003

NA

monthly

Jan 2003 - Nov 2017

Updated on Dec 2017
Portugal

1.4

Sep 2017

1.5

Aug 2017

0.1

Jan 2012

3.5

Aug 2002

NA

monthly

Dec 1999 - Sep 2017

Updated on Nov 2017
Colombia

12.3

Sep 2017

10.9

Aug 2017

1.7

Jul 1984

20.0

Dec 1991

NA

monthly

Jan 1980 - Sep 2017

Updated on Nov 2017
Romania

4.9

Sep 2017

5.6

Aug 2017

4.7

Sep 2008

9.9

Jan 2009

NA

monthly

Apr 2005 - Sep 2017

Updated on Nov 2017
Slovakia

0.2

Oct 2017

0.2

Sep 2017

0.0

Oct 2012

6.6

Feb 2005

NA

monthly

Jan 2004 - Oct 2017

Updated on Dec 2017
Slovenia

0.1

Oct 2017

0.1

Sep 2017

0.1

May 2013

8.7

Aug 2003

NA

monthly

Jan 1996 - Oct 2017

Updated on Dec 2017
Ecuador

0.7

Sep 2017

1.3

Aug 2017

0.2

Dec 2012

3.8

May 2008

NA

monthly

Jan 2005 - Sep 2017

Updated on Nov 2017
Mexico

4.3

Oct 2017

4.6

Sep 2017

2.0

Aug 2000

6.5

Feb 2015

NA

monthly

Jan 2000 - Oct 2017

Updated on Dec 2017
Spain

1.6

Sep 2017

1.8

Aug 2017

0.3

Apr 2008

10.9

Aug 1992

NA

monthly

Jan 1987 - Sep 2017

Updated on Nov 2017
Panama

2.3

Aug 2017

2.9

Jul 2017

1.3

Oct 2004

6.6

Feb 2003

NA

monthly

Jan 2000 - Aug 2017

Updated on Nov 2017
Sweden

3.7

Oct 2017

3.9

Sep 2017

1.6

Jun 2008

5.2

Jul 2016

NA

monthly

Mar 2000 - Oct 2017

Updated on Nov 2017
Paraguay

6.9

Oct 2017

7.7

Sep 2017

2.0

Sep 1998

9.9

Apr 2016

NA

monthly

Jan 1994 - Oct 2017

Updated on Nov 2017
Switzerland

33.8

Oct 2017

31.4

Sep 2017

2.5

Jul 2008

33.8

Oct 2017

NA

monthly

Jun 1999 - Oct 2017

Updated on Nov 2017
Peru

17.4

Oct 2017

18.7

Sep 2017

1.4

Jul 1990

22.7

Feb 2016

NA

monthly

Jan 1985 - Oct 2017

Updated on Dec 2017
Uruguay

19.5

Oct 2017

19.8

Sep 2017

5.4

Jan 2008

26.4

Jan 2016

NA

monthly

Aug 2003 - Oct 2017

Updated on Nov 2017
Venezuela

0.5

Oct 2014

0.6

Sep 2014

0.3

May 2012

20.8

Jun 2003

NA

monthly

Jan 1994 - Oct 2014

Updated on Aug 2017
Algeria

31.7

Jun 2017

24.9

May 2017

6.3

Jan 2000

63.1

Nov 2009

NA

monthly

Jan 2000 - Jun 2017

Updated on Dec 2017
Australia

2.6

Oct 2017

2.7

Sep 2017

0.5

Jan 1982

14.9

Dec 1972

NA

monthly

Jul 1971 - Oct 2017

Updated on Dec 2017
Bangladesh

8.0

Sep 2017

7.8

Aug 2017

0.9

Mar 1990

9.7

Jun 2017

NA

monthly

Jul 1986 - Sep 2017

Updated on Nov 2017
Brunei

12.5

Jul 2017

9.3

Jun 2017

2.6

Aug 2011

18.1

Jan 2014

NA

monthly

Jan 2010 - Jul 2017

Updated on Nov 2017
Cambodia

8.4

Jun 2017

8.2

Mar 2017

2.6

Sep 2005

8.4

Jun 2017

NA

quarterly

Mar 2000 - Jun 2017

Updated on Nov 2017
Bahrain

1.9

2016

2.4

2015

0.9

1966

7.2

1986

NA

yearly

1966 - 2016

Updated on 2017
China

17.6

Nov 2017

20.6

Oct 2017

7.6

Nov 2000

37.2

Jan 2009

NA

monthly

Jan 2000 - Nov 2017

Updated on Dec 2017
Botswana

13.8

Jul 2017

16.6

Jun 2017

7.6

Jul 2012

35.5

Jan 2003

NA

monthly

Jan 2003 - Jul 2017

Updated on Nov 2017
Hong Kong

8.6

Oct 2017

8.1

Sep 2017

4.1

Oct 2008

11.8

Feb 2016

NA

monthly

Apr 2000 - Oct 2017

Updated on Nov 2017
India

10.1

Oct 2017

10.0

Sep 2017

0.5

Dec 1990

16.2

Apr 2004

NA

monthly

Apr 1990 - Oct 2017

Updated on Dec 2017
Israel

17.7

Oct 2017

20.8

Sep 2017

4.9

Mar 2008

21.6

Sep 2015

NA

monthly

Dec 2001 - Oct 2017

Updated on Nov 2017
Indonesia

8.5

Oct 2017

9.7

Sep 2017

4.5

Jul 2008

11.7

Jun 2017

NA

monthly

Jan 2008 - Oct 2017

Updated on Nov 2017
Jordan

8.1

Sep 2017

7.1

Aug 2017

0.1

Jun 1988

16.7

Jan 1974

NA

monthly

Jan 1972 - Sep 2017

Updated on Nov 2017
South Korea

9.0

Nov 2017

9.9

Oct 2017

1.3

Jan 1988

12.2

Feb 2016

NA

monthly

Jan 1971 - Nov 2017

Updated on Dec 2017
Malawi

4.8

Mar 2016

4.1

Feb 2016

0.4

Nov 2008

20.1

Apr 2001

NA

monthly

Jan 1994 - Mar 2016

Updated on Aug 2017
Malaysia

5.8

Oct 2017

5.9

Sep 2017

3.7

Mar 2001

12.0

Feb 2009

NA

monthly

Apr 2000 - Oct 2017

Updated on Dec 2017
Laos

2.2

Jun 2017

2.4

Mar 2017

1.7

Jun 2014

6.3

Jun 2009

NA

quarterly

Mar 2004 - Jun 2017

Updated on Nov 2017
Macau

25.1

Oct 2017

22.3

Sep 2017

13.9

Jun 2000

56.5

Feb 2011

NA

monthly

Jan 2000 - Oct 2017

Updated on Nov 2017
Nepal

10.3

Oct 2017

10.5

Sep 2017

5.6

Apr 2011

29.3

Oct 2015

NA

monthly

Aug 2003 - Oct 2017

Updated on Nov 2017
New Zealand

5.7

Oct 2017

5.6

Sep 2017

3.1

Sep 2005

8.1

Feb 2009

NA

monthly

Sep 2005 - Oct 2017

Updated on Nov 2017
Pakistan

3.0

Oct 2017

3.3

Sep 2017

0.5

Dec 1996

10.8

Nov 2003

NA

monthly

Jan 1996 - Oct 2017

Updated on Nov 2017
Philippines

9.2

Sep 2017

9.1

Aug 2017

0.3

Oct 1983

15.3

Jan 2013

NA

monthly

Jan 1979 - Sep 2017

Updated on Dec 2017
Singapore

9.4

Oct 2017

10.3

Sep 2017

5.5

Jul 2008

11.4

Jan 2016

NA

monthly

Apr 2000 - Oct 2017

Updated on Nov 2017
Sri Lanka

3.8

Sep 2017

3.6

Aug 2017

0.6

Jun 1989

5.8

May 2014

NA

monthly

Jan 1982 - Sep 2017

Updated on Nov 2017
Taiwan

19.7

Nov 2017

20.1

Oct 2017

1.3

Mar 1981

32.4

Jan 2009

NA

monthly

Jan 1981 - Nov 2017

Updated on Dec 2017
Thailand

9.7

Oct 2017

10.3

Sep 2017

4.2

Jan 1991

13.5

Feb 2009

NA

monthly

Jan 1991 - Oct 2017

Updated on Nov 2017
Vietnam

2.2

Jul 2017

2.2

Jun 2017

1.3

Mar 2011

6.7

Jan 2009

NA

monthly

Mar 1997 - Jul 2017

Updated on Nov 2017
Albania

6.1

Jul 2017

6.1

Jun 2017

2.7

Dec 1996

25.3

Mar 1997

NA

monthly

Dec 1993 - Jul 2017

Updated on Nov 2017
Armenia

5.1

Oct 2017

5.2

Sep 2017

2.5

May 2000

11.7

Jan 2016

NA

monthly

Jan 2000 - Oct 2017

Updated on Dec 2017
Azerbaijan

7.5

Sep 2017

7.6

Aug 2017

0.0

Mar 1994

27.9

Mar 2014

NA

monthly

Mar 1994 - Sep 2017

Updated on Nov 2017
Belarus

1.7

Oct 2017

1.8

Sep 2017

0.3

Nov 2004

2.2

Jan 2010

NA

monthly

Dec 2002 - Oct 2017

Updated on Dec 2017
Bosnia and Herzegovina

6.2

Oct 2017

6.1

Sep 2017

1.4

Dec 2000

9.2

Jan 2016

NA

monthly

Jan 2000 - Oct 2017

Updated on Dec 2017
Croatia

7.5

Sep 2017

8.5

Aug 2017

3.2

Jun 1999

10.3

Aug 2015

NA

monthly

Jan 1999 - Sep 2017

Updated on Dec 2017
Georgia

3.8

Oct 2017

4.1

Sep 2017

1.3

Jun 1997

6.4

Jan 2010

NA

monthly

Oct 1995 - Oct 2017

Updated on Nov 2017
Kazakhstan

7.7

Sep 2017

8.1

Aug 2017

3.9

Nov 2005

15.9

Jan 2010

NA

monthly

Dec 2002 - Sep 2017

Updated on Nov 2017
Kyrgyzstan

4.1

Aug 2017

4.1

Jul 2017

2.3

Dec 2014

6.7

Apr 2010

NA

monthly

Jan 2006 - Aug 2017

Updated on Nov 2017
Macedonia

3.3

Oct 2017

3.6

Sep 2017

2.7

Dec 2004

6.1

Jan 2015

NA

monthly

Jan 2002 - Oct 2017

Updated on Dec 2017
Moldova

5.8

Oct 2017

6.1

Sep 2017

2.3

Dec 2005

8.8

Jan 2014

NA

monthly

Jan 2005 - Oct 2017

Updated on Dec 2017
Mongolia

3.8

Sep 2017

3.5

Aug 2017

1.0

Dec 1999

11.6

Feb 2013

NA

monthly

Jan 1997 - Sep 2017

Updated on Nov 2017
Mauritius

11.8

Sep 2017

10.9

Aug 2017

2.9

Dec 2006

13.1

Feb 2017

NA

monthly

Jan 2006 - Sep 2017

Updated on Nov 2017
Montenegro

3.8

Sep 2017

3.4

Aug 2017

1.0

Jan 2005

7.5

Jan 2017

NA

monthly

Jan 2005 - Sep 2017

Updated on Nov 2017
Russia

17.6

Sep 2017

15.8

Aug 2017

2.2

Aug 1998

42.7

Jan 2009

NA

monthly

Jan 1998 - Sep 2017

Updated on Nov 2017
Serbia

5.7

Oct 2017

6.1

Sep 2017

2.5

Dec 2004

13.8

Jan 2010

NA

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Tajikistan

2.9

Sep 2017

0.5

Aug 2017

0.0

Nov 2015

2.9

Sep 2017

NA

monthly

Jan 2000 - Sep 2017

Updated on Nov 2017
Turkey

4.5

Oct 2017

4.5

Sep 2017

3.4

Dec 2004

7.4

Feb 2009

NA

monthly

Apr 2000 - Oct 2017

Updated on Nov 2017
Ukraine

3.4

Sep 2017

3.4

Aug 2017

1.4

Dec 2014

13.7

Jan 2009

NA

monthly

Jan 2002 - Sep 2017

Updated on Dec 2017
Morocco

5.9

Oct 2017

6.3

Sep 2017

3.5

Oct 2012

12.4

Aug 2003

NA

monthly

Dec 2001 - Oct 2017

Updated on Dec 2017
Nigeria

11.5

Aug 2017

10.8

Jul 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
Oman

10.3

Jun 2017

6.7

May 2017

1.6

Nov 1975

12.0

Feb 2017

NA

monthly

Jan 1975 - Jun 2017

Updated on Nov 2017
Qatar

6.7

Sep 2017

7.6

Aug 2017

2.7

Jan 2008

18.9

Jul 2014

NA

monthly

Jan 1998 - Sep 2017

Updated on Nov 2017
Saudi Arabia

45.0

2016

41.5

2015

1.6

1992

60.8

1975

NA

yearly

1964 - 2016

Updated on 2017
South Africa

5.6

Oct 2017

5.6

Sep 2017

2.4

Oct 2004

7.2

Dec 2015

NA

monthly

Oct 2004 - Oct 2017

Updated on Nov 2017
Sudan

0.0

May 2016

0.0

Apr 2016

0.0

May 2016

5.1

Jan 2005

NA

monthly

Jan 2003 - May 2016

Updated on Aug 2017
Syria

13.0

2010

13.3

2009

11.3

2008

22.1

2005

NA

yearly

2005 - 2010

Updated on 2017
Tunisia

2.7

Oct 2017

3.2

Sep 2017

1.5

Apr 1994

6.9

Jan 2009

NA

monthly

Feb 1994 - Oct 2017

Updated on Nov 2017
Yemen

5.6

Jul 2014

5.2

Jun 2014

0.5

Dec 1993

22.0

Feb 2002

NA

monthly

Jun 1990 - Jul 2014

Updated on Nov 2017
United Arab Emirates

5.4

Mar 2017

5.7

Feb 2017

2.0

Mar 2010

6.2

Feb 2016

NA

monthly

Jan 2009 - Mar 2017

Updated on Oct 2017
Egypt

6.5

Sep 2017

5.7

Aug 2017

1.3

Mar 2013

16.3

Sep 2006

NA

monthly

Dec 2004 - Sep 2017

Updated on Dec 2017
Kuwait

11.7

Jun 2017

11.2

Mar 2017

2.2

Mar 1989

166.6

Mar 1978

NA

quarterly

Mar 1973 - Jun 2017

Updated on Nov 2017
Ivory Coast

0.0

May 2017

0.0

Apr 2017

0.0

Feb 2015

5.0

Feb 2001

NA

monthly

Jan 1981 - May 2017

Updated on Nov 2017
European Union

1.4

Sep 2017

1.4

Aug 2017

1.0

Jul 2008

3.4

Apr 2000

NA

monthly

Dec 1999 - Sep 2017

Updated on Nov 2017
Kenya

5.7

Jun 2017

5.7

May 2017

3.0

May 2009

5.8

Apr 2017

NA

monthly

Sep 2005 - Jun 2017

Updated on Oct 2017
Lebanon

29.0

Jun 2017

25.8

May 2017

2.4

Jul 1993

49.9

Aug 2006

NA

monthly

Jan 1993 - Jun 2017

Updated on Oct 2017
Kosovo

3.6

Sep 2017

3.0

Aug 2017

1.9

Dec 2011

6.8

Jan 2009

NA

monthly

Sep 2007 - Sep 2017

Updated on Nov 2017

More Indicators for Nigeria

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

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 2017
Business Confidence: Net Balance

-17.6

Sep 2017

-7.4

Jun 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment

891.3

Jun 2017

853.9

Mar 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Imports Growth

-0.4

Aug 2017

20.4

Jul 2017

-66.4

Feb 1986

114.0

Jan 2011

%

monthly

Jan 1982 - Aug 2017

Updated on Nov 2017
Money Supply M2

73,742.58

Oct 2017

71,889.13

Sep 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
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
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2017
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
Real GDP Growth

1.4

Sep 2017

0.7

Jun 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Labour Productivity Growth

1.88

Dec 2016

0.69

Sep 2016

-3.51

Jun 2013

9.90

Dec 2014

%

quarterly

Mar 2013 - Dec 2016

Updated on Jun 2017
Domestic Credit Growth

1.8

Oct 2017

2.8

Sep 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Oct 2017

Updated on Nov 2017
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Total Imports

2,769.2

Aug 2017

2,857.9

Jul 2017

230.8

Feb 1986

6,404.8

Apr 2011

USD mn

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
CPI: Food and Non Alcoholic Beverage Change

20.24

Oct 2017

20.25

Sep 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
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
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
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
Public Consumption: % of GDP

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 2017
Equity Market Index

37,944.6

Nov 2017

36,680.3

Oct 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Nov 2017

Updated on Nov 2017
Domestic Credit

89,061.6

Oct 2017

88,364.3

Sep 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017
Visitor Arrivals

1,255,000

2015

600,000

2013

486,000

2012

1,555,000

2010

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

12.72

Oct 2017

12.72

Sep 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Oct 2017

Updated on Nov 2017
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
Motor Vehicle Sales: Commercial Cars

3,800.00

Dec 2016

1,900.00

Jun 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Crude Oil: Production

1,738.00

Oct 2017

1,792.00

Sep 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Short Term Interest Rate

20.18

Nov 2017

21.54

Oct 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Nov 2017

Updated on Dec 2017
Gold Reserves

0.06

Sep 2017

0.06

Aug 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Sep 2017

Updated on Nov 2017
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
Motor Vehicle Sales: Passenger Cars

19,200.00

Dec 2016

6,900.00

Jun 2016

6,900.00

Jun 2016

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

9.5

Sep 2017

14.0

Jun 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Direct Investment Abroad

313.7

Jun 2017

328.7

Mar 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports

3,595.6

Aug 2017

3,694.3

Jul 2017

322.9

Oct 1986

11,709.9

Aug 2011

USD mn

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
Bank Lending Rate

17.86

Oct 2017

17.88

Sep 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Oct 2017

Updated on Nov 2017
Consumer Confidence: Net Balance

34.8

Sep 2017

34.2

Jun 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Sep 2017

Updated on Oct 2017
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 2017
Trade Balance

492.5

Jun 2017

798.4

May 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
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
Consumer Confidence Growth

2.7

Sep 2017

0.7

Jun 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Sep 2017

Updated on Oct 2017
Exchange Rate against USD

305.405

Nov 2017

305.124

Oct 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Nov 2017

Updated on Nov 2017
Foreign Exchange Reserves

34,945.6

Nov 2017

33,786.2

Oct 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Nov 2017

Updated on Dec 2017
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 2017
Consumer Price Index CPI Growth

15.9

Oct 2017

16.0

Sep 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Oct 2017

Updated on Nov 2017
External Debt

15,352.1

Sep 2017

15,047.0

Jun 2017

3,287.7

Mar 2007

15,352.1

Sep 2017

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Real Effective Exchange Rate

126.5

Oct 2017

123.7

Sep 2017

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Oct 2017

Updated on Nov 2017
Gross National Product

396,373.09

2016

470,329.01

2015

4,173.70

1960

548,655.75

2014

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2017
Labour Force Participation Rate

56.5

2017

56.4

2016

54.8

2004

57.0

1990

%

yearly

1990 - 2017

Updated on 2017
Current Account Balance: % of GDP

1.6

Jun 2017

3.2

Mar 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
M2 Growth

4.8

Apr/2017

7.6

Mar/2017

-2.2

Nov/2013

100.1

Mar/2008

%

monthly

Nov/1993 - Apr/2017

Updated on May/2017
Reserve Requirement Ratio

22.5

Nov 2017

22.5

Oct 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Nov 2017

Updated on Nov 2017
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 Oct 2017
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2017
Business Confidence Growth

6.7

Sep 2017

-0.4

Jun 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment: % of GDP

1.0

Jun 2017

1.0

Mar 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Jun 2017

Updated on Nov 2017
Policy Rate

14.00

Nov 2017

14.00

Oct 2017

6.00

Aug 2010

14.00

Nov 2017

% pa

monthly

Dec 2006 - Nov 2017

Updated on Nov 2017
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 Oct 2017
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 2017
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
Industrial Production Index Growth

-1.1

Mar 2017

-8.7

Dec 2016

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on Nov 2017
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

52,576,233.00

Dec 2016

53,554,109.00

Sep 2016

50,198,600.00

Jun 2012

57,270,900.00

Dec 2013

Person

quarterly

Mar 2012 - Dec 2016

Updated on Jun 2017
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

Updated on 2017
Forecast: Consumer Price Index Growth

14.50

2022

14.50

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017
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
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
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
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
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017
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
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2017
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2017
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 2017
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
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
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
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
Teledensity: Mobile

81.82

2016

82.19

2015

0.00

1992

82.19

2015

Number

yearly

1960 - 2016

Updated on 2017
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
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
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
National Government Debt

56,280.9

Sep 2017

54,466.3

Jun 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Nominal GDP

96,465.1

Sep 2017

88,546.0

Jun 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Sep 2017

Updated on Nov 2017
Current Account Balance

1,414.2

Jun 2017

2,733.2

Mar 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Electricity Production

7,560

Mar 2017

6,913

Dec 2016

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Mar 2017

Updated on Jul 2017
Liquid Assets Ratio

21.4

May 2017

23.3

Mar 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - May 2017

Updated on Jul 2017
Motor Vehicles Sales

23,000

2016

20,000

2015

12,000

2008

53,900

2014

Unit

yearly

2005 - 2016

Updated on 2017
Foreign Portfolio Investment

1,484.30

Jun 2017

1,438.47

Mar 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports Growth

18.0

Aug 2017

4.1

Jul 2017

-74.9

Oct 1986

207.2

Feb 2000

%

monthly

Jan 1982 - Aug 2017

Updated on Nov 2017
Tourism Revenue Growth

-21.8

2015

-2.4

2014

-77.3

2003

184.6

2008

%

yearly

1996 - 2015

Updated on 2017
Nominal GDP Growth

10.98

Sep 2017

14.79

Jun 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
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 Oct 2017
Money Supply M1

34,061.79

Oct 2017

32,955.74

Sep 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Foreign Exchange Reserves: % of GDP

8.88

Sep 2017

8.49

Jun 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Sep 2017

Updated on Nov 2017
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017
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
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