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Nigeria Gross Savings Rate

1981 - 2016 | Yearly | % | CEIC

Nigeria's Gross Savings Rate was measured at 13.1 % in Dec 2016, compared with 15.2 % in the previous year. Nigeria Gross Savings Rate is updated yearly, available from Dec 1981 to Dec 2016, with an average rate of 44.3 %. The data reached an all-time high of 88.4 % in Dec 1981 and a record low of 13.1 % in Dec 2016. CEIC calculates Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated from Nominal GDP less Final Consumption Expenditure. Final Consumption Expenditure is the sum of Private and Government Consumption Expenditure. The National Bureau of Statistics of the Federal Republic of Nigeria provides Final Consumption Expenditure in local currency and Nominal GDP in local currency.

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What was Nigeria's Gross Savings Rate in 2016?

Last

13.1

2016
Previous

15.2

2015
Min

13.1

2016
Max

88.4

1981
Unit

%

Frequency

yearly

Range

1981 - 2016

Updated on 03 May 2018
Last Previous Min Max Unit Frequency Range

13.1

2016

15.2

2015

13.1

2016

88.4

1981

%

yearly

1981 - 2016

Updated on 03 May 2018

View Nigeria's Gross Savings Rate from 1981 to 2016 in the chart:

Nigeria Gross Savings Rate

Series Details
Series ID

355214157

Name

Nigeria Gross Savings Rate

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

CEIC Generated

First Date

1981

Last Date

2016

Last Updated

03 May 2018

Statistics
Mean

44.3

Variance

348.8

Standard deviation

18.7

Skewness

0.5

Kurtosis

-0.0

Coefficient variation

0.4

Median

44.3

Max
1981

88.4

Min
2016

13.1

Previous observation
2015

15.2

Last observation
2016

13.1

Number of Observations

36

Get This Data

More Countries/Regions for Gross Savings Rate

Country/Region Last Previous Min Max Unit Frequency Range
Albania

11.9

Dec 2017

6.6

Sep 2017

0.3

Mar 2008

19.6

Dec 2011

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-04-22
Algeria

37.6

2016

37.2

2015

37.2

2015

58.3

2008

%

yearly

2000 - 2016

Updated on 2018-04-20
Argentina

19.0

Dec 2017

17.0

Sep 2017

12.5

Mar 2016

28.6

Dec 2007

%

quarterly

Mar 2004 - Dec 2017

Updated on 2018-04-23
Armenia

14.9

Dec 2017

13.6

Sep 2017

-56.4

Mar 1995

31.6

Sep 2008

%

quarterly

Dec 1994 - Dec 2017

Updated on 2018-04-20
Australia

24.3

Dec 2017

24.9

Sep 2017

18.4

Mar 1983

35.4

Dec 1973

%

quarterly

Sep 1959 - Dec 2017

Updated on 2018-04-26
Austria

28.3

Dec 2017

28.0

Sep 2017

23.7

Mar 1996

30.8

Mar 2008

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Azerbaijan

26.7

Dec 2017

30.6

Sep 2017

15.0

Dec 2003

60.5

Sep 2008

%

quarterly

Mar 2001 - Dec 2017

Updated on 2018-04-23
Bahrain

26.4

2016

25.5

2015

4.5

1989

48.8

2007

%

yearly

1989 - 2016

Updated on 2018-04-20
Bangladesh

28.1

2018

29.6

2017

27.8

2008

30.8

2016

%

yearly

2006 - 2018

Updated on 2018-04-16
Belarus

32.8

Dec 2017

33.2

Sep 2017

4.8

Jun 1994

46.4

Dec 2011

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-04-20
Belgium

23.4

Dec 2017

23.5

Sep 2017

14.5

Jun 1983

32.3

Jun 2007

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-04-27
Bolivia

3.1

Dec 2017

21.7

Sep 2017

-2.6

Dec 2015

34.9

Jun 2008

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-05-03
Bosnia and Herzegovina

2.7

2016

0.0

2015

-5.3

2008

2.7

2016

%

yearly

2007 - 2016

Updated on 2018-04-20
Botswana

34.3

Dec 2017

32.9

Sep 2017

20.1

Dec 2015

49.9

Dec 1999

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-04-25
Brazil

12.7

Dec 2017

15.6

Sep 2017

4.8

Mar 1994

27.6

Sep 1994

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-04-25
Brunei

53.9

Dec 2017

52.3

Sep 2017

45.5

Jun 2009

68.9

Mar 2012

%

quarterly

Mar 2003 - Dec 2017

Updated on 2018-04-30
Bulgaria

17.7

Dec 2017

31.3

Sep 2017

5.4

Mar 2005

31.8

Sep 2016

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-20
Cambodia

18.7

2016

17.8

2015

-5.6

1993

18.7

2016

%

yearly

1987 - 2016

Updated on 2018-04-20
Canada

21.6

Dec 2017

24.1

Sep 2017

16.3

Mar 1992

34.8

Sep 1966

%

quarterly

Mar 1961 - Dec 2017

Updated on 2018-05-03
Chile

20.7

Dec 2017

19.9

Sep 2017

17.5

Dec 2000

29.8

Mar 1997

%

quarterly

Mar 1996 - Dec 2017

Updated on 2018-04-23
China

46.4

2017

46.4

2016

16.2

1962

51.5

2010

%

yearly

1952 - 2017

Updated on 2018-02-02
Colombia

19.2

Dec 2017

17.4

Sep 2017

11.2

Mar 2002

23.9

Dec 2011

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-04-20
Croatia

17.6

Dec 2017

33.1

Sep 2017

11.6

Dec 2000

33.4

Sep 2006

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-20
Cyprus

11.9

Dec 2017

22.8

Sep 2017

8.7

Dec 2014

31.7

Sep 2001

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-05-04
Czech Republic

31.7

Dec 2017

34.9

Sep 2017

8.8

Dec 1993

71.5

Dec 1990

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-04-30
Denmark

27.5

Dec 2017

28.4

Sep 2017

17.2

Dec 1993

29.8

Sep 2014

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-04-24
Ecuador

24.3

Dec 2017

24.4

Sep 2017

15.6

Dec 1998

31.4

Mar 2000

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-04-27
Egypt

6.7

2017

9.2

2016

6.7

2017

30.7

1991

%

yearly

1990 - 2017

Updated on 2018-04-20
Estonia

28.7

Dec 2017

28.9

Sep 2017

12.9

Mar 1997

33.8

Sep 2011

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-03-14
European Union

24.1

Dec 2017

24.5

Sep 2017

20.5

Jun 2009

24.5

Sep 2017

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Finland

22.1

Dec 2017

22.6

Sep 2017

19.7

Dec 2012

33.7

Mar 2001

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-05-03
France

14.2

Dec 2017

14.2

Sep 2017

11.3

Dec 1987

22.8

Dec 1974

%

quarterly

Mar 1949 - Dec 2017

Updated on 2018-04-27
Georgia

25.8

Dec 2017

29.3

Sep 2017

-27.0

Mar 1996

29.3

Sep 2017

%

quarterly

Mar 1996 - Dec 2017

Updated on 2018-04-30
Germany

25.6

Dec 2017

28.2

Sep 2017

20.8

Dec 1992

28.9

Mar 2008

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-04-27
Greece

8.6

Dec 2017

15.9

Sep 2017

4.3

Mar 2010

21.8

Sep 2004

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Hong Kong

25.2

Dec 2017

28.1

Sep 2017

19.3

Jun 2014

37.6

Sep 2006

%

quarterly

Mar 1999 - Dec 2017

Updated on 2018-04-20
Hungary

30.8

Dec 2017

32.6

Sep 2017

13.7

Mar 2003

33.6

Sep 2014

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-27
Iceland

23.0

Dec 2017

34.2

Sep 2017

15.0

Jun 2005

35.2

Sep 2016

%

quarterly

Mar 1997 - Dec 2017

Updated on 2018-04-24
India

30.0

2017

31.3

2016

8.0

1954

36.8

2008

%

yearly

1951 - 2017

Updated on 2018-04-30
Indonesia

35.7

Mar 2018

30.3

Dec 2017

28.3

Dec 2015

37.8

Mar 2011

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-07
Iran

40.9

Dec 2017

43.6

Sep 2017

-8.2

Mar 1989

54.6

Sep 2008

%

quarterly

Jun 1988 - Dec 2017

Updated on 2018-04-23
Ireland

56.5

Dec 2017

58.7

Sep 2017

26.9

Dec 1995

58.7

Sep 2017

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Israel

24.2

Dec 2017

19.7

Sep 2017

-3.7

Sep 1982

25.3

Dec 2016

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-04-20
Italy

20.6

Dec 2017

20.1

Sep 2017

17.4

Sep 2010

25.7

Dec 1995

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-20
Ivory Coast

23.9

2017

24.2

2016

9.2

1992

33.6

1979

%

yearly

1960 - 2017

Updated on 2018-04-23
Japan

26.2

Mar 2017

27.1

Dec 2016

22.4

Mar 2014

40.2

Mar 1992

%

quarterly

Mar 1980 - Mar 2017

Updated on 2018-04-26
Jordan

-3.5

2016

-5.3

2015

-35.4

1966

11.8

1995

%

yearly

1959 - 2016

Updated on 2018-05-04
Kazakhstan

41.9

Sep 2017

34.3

Jun 2017

1.4

Jun 1994

52.9

Sep 2008

%

quarterly

Mar 1994 - Sep 2017

Updated on 2018-04-23
Kenya

6.2

2017

8.4

2016

5.8

2013

11.7

2007

%

yearly

2006 - 2017

Updated on 2018-04-26
South Korea

36.5

Dec 2017

36.7

Sep 2017

-1.3

Mar 1972

43.0

Sep 1988

%

quarterly

Mar 1970 - Dec 2017

Updated on 2018-04-30
Kosovo

-8.3

Dec 2017

22.6

Sep 2017

-13.1

Dec 2014

22.6

Sep 2017

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-24
Kuwait

22.4

2016

27.8

2015

-156.8

1991

65.9

1974

%

yearly

1970 - 2016

Updated on 2018-04-20
Kyrgyzstan

11.8

Dec 2017

-0.5

Sep 2017

-38.3

Mar 2008

32.6

Dec 2001

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-25
Laos

19.4

2016

11.0

2015

1.5

2001

23.9

2006

%

yearly

2000 - 2016

Updated on 2018-04-19
Latvia

22.8

Dec 2017

22.1

Sep 2017

6.3

Mar 1996

24.6

Sep 2007

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-05-01
Lebanon

1.1

2015

-2.1

2014

-5.8

2001

4.2

2005

%

yearly

1997 - 2015

Updated on 2018-05-03
Lithuania

19.3

Dec 2017

23.5

Sep 2017

7.8

Mar 1995

30.9

Sep 2014

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-20
Luxembourg

53.6

Dec 2017

53.3

Sep 2017

39.3

Sep 1995

54.2

Mar 2015

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-20
Macau

65.2

Dec 2017

66.2

Sep 2017

36.3

Jun 2003

76.5

Mar 2014

%

quarterly

Mar 2001 - Dec 2017

Updated on 2018-05-08
Macedonia

19.7

Dec 2017

20.1

Sep 2017

-8.3

Sep 2001

20.1

Sep 2017

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-20
Malawi

8.8

2016

7.7

2015

1.3

1997

22.4

1978

%

yearly

1977 - 2016

Updated on 2018-04-19
Malaysia

28.4

Dec 2017

28.4

Sep 2017

26.5

Dec 2014

37.7

Mar 2011

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-30
Malta

40.4

Dec 2017

41.5

Sep 2017

13.6

Dec 2001

41.5

Sep 2017

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-20
Mauritius

10.7

Dec 2017

8.5

Sep 2017

8.5

Sep 2017

29.1

Dec 2001

%

quarterly

Mar 1999 - Dec 2017

Updated on 2018-04-20
Mexico

21.9

Dec 2017

22.0

Sep 2017

15.5

Sep 1992

35.1

Mar 1983

%

quarterly

Mar 1981 - Dec 2017

Updated on 2018-04-24
Moldova

-5.0

Dec 2017

1.7

Sep 2017

-27.6

Mar 2011

25.6

Sep 1995

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Mongolia

41.3

Dec 2017

37.7

Sep 2017

-4.7

Mar 2009

55.2

Jun 2007

%

quarterly

Mar 2005 - Dec 2017

Updated on 2018-04-20
Montenegro

-4.9

Dec 2017

27.0

Sep 2017

-17.0

Dec 2010

27.5

Sep 2016

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-20
Morocco

29.3

2016

29.4

2015

15.0

1976

34.1

2008

%

yearly

1975 - 2016

Updated on 2018-04-23
Myanmar

26.7

2017

26.2

2016

4.4

1967

37.0

2012

%

yearly

1961 - 2017

Updated on 2018-04-26
Nepal

43.6

2018

44.8

2017

23.8

2003

45.0

2014

%

yearly

2001 - 2018

Updated on 2018-04-25
Netherlands

32.0

Dec 2017

29.4

Sep 2017

24.6

Jun 2002

33.6

Dec 2007

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-20
New Zealand

25.8

Dec 2017

21.5

Sep 2017

15.8

Sep 1992

31.4

Mar 2002

%

quarterly

Jun 1987 - Dec 2017

Updated on 2018-04-20
Nigeria

13.1

2016

15.2

2015

13.1

2016

88.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-03
Norway

32.2

Dec 2017

28.4

Sep 2017

26.5

Dec 1992

43.8

Mar 2008

%

quarterly

Mar 1978 - Dec 2017

Updated on 2018-04-26
Oman

14.1

2016

15.5

2015

9.5

1993

46.6

2008

%

yearly

1980 - 2016

Updated on 2018-04-20
Pakistan

5.5

2018

6.8

2017

5.5

2018

17.4

2004

%

yearly

2000 - 2018

Updated on 2018-04-30
Panama

39.2

2016

38.0

2015

2.7

1989

39.2

2016

%

yearly

1960 - 2016

Updated on 2018-04-25
Paraguay

21.8

Sep 2017

20.7

Jun 2017

14.7

Mar 2012

35.4

Sep 2002

%

quarterly

Mar 1994 - Sep 2017

Updated on 2018-04-30
Peru

25.2

Dec 2017

23.8

Sep 2017

10.3

Sep 1993

31.8

Jun 2006

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-05-07
Philippines

16.0

Dec 2017

15.5

Sep 2017

11.1

Jun 1998

36.5

Mar 1981

%

quarterly

Mar 1981 - Dec 2017

Updated on 2018-05-07
Poland

30.1

Dec 2017

22.9

Sep 2017

8.6

Mar 2002

31.2

Dec 2015

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Portugal

17.3

Dec 2017

16.4

Sep 2017

9.9

Dec 2009

21.4

Dec 1995

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Qatar

56.8

2014

60.3

2013

54.8

2009

68.2

2008

%

yearly

2001 - 2014

Updated on 2018-04-20
Romania

24.6

Dec 2017

24.4

Sep 2017

3.6

Dec 1995

33.9

Sep 1995

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-23
Russia

32.8

Dec 2017

30.8

Sep 2017

17.9

Mar 2009

42.7

Sep 2000

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-04-20
Saudi Arabia

27.1

Dec 2017

36.1

Sep 2017

27.1

Dec 2017

60.2

Jun 2008

%

quarterly

Mar 2003 - Dec 2017

Updated on 2018-04-24
Serbia

14.8

Dec 2017

15.1

Sep 2017

-9.8

Jun 1999

15.1

Sep 2017

%

quarterly

Mar 1996 - Dec 2017

Updated on 2018-04-20
Singapore

48.2

2017

48.5

2016

-2.1

1960

52.4

1997

%

yearly

1960 - 2017

Updated on 2018-04-27
Slovakia

21.3

Dec 2017

26.6

Sep 2017

14.7

Dec 2009

33.2

Jun 1995

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-30
Slovenia

23.6

Dec 2017

27.5

Sep 2017

18.3

Dec 2012

31.4

Mar 2007

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-24
South Africa

15.8

Dec 2017

16.0

Sep 2017

14.4

Dec 2012

42.4

Mar 1980

%

quarterly

Mar 1960 - Dec 2017

Updated on 2018-03-20
Spain

24.7

Dec 2017

23.4

Sep 2017

15.3

Mar 2012

25.7

Dec 2003

%

quarterly

Mar 1999 - Dec 2017

Updated on 2018-04-23
Sri Lanka

31.0

Dec 2017

25.5

Sep 2017

13.9

Mar 2010

32.9

Dec 2010

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-30
Sudan

13.7

2014

19.9

2013

-4.1

1981

25.6

2011

%

yearly

1960 - 2014

Updated on 2018-04-22
Sweden

30.4

Dec 2017

28.7

Sep 2017

20.6

Sep 1982

32.5

Mar 2007

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-04-20
Switzerland

29.3

Dec 2017

31.9

Sep 2017

23.3

Sep 2008

37.3

Sep 2010

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-03-12
Syria

27.0

2010

28.2

2009

4.7

1988

32.0

2008

%

yearly

1963 - 2010

Updated on 2018-04-30
Taiwan

34.0

Dec 2017

34.0

Sep 2017

15.9

Mar 1968

43.4

Dec 1986

%

quarterly

Mar 1966 - Dec 2017

Updated on 2018-02-20
Tajikistan

8.7

2013

8.8

2012

2.6

2006

14.7

2007

%

yearly

2002 - 2013

Updated on 2018-04-19
Thailand

36.4

Dec 2017

32.8

Sep 2017

26.7

Sep 2014

40.2

Mar 1998

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-04-20
Tunisia

8.0

2016

9.2

2015

8.0

2016

22.7

2000

%

yearly

1997 - 2016

Updated on 2018-04-23
Turkey

25.1

Dec 2017

28.7

Sep 2017

14.4

Mar 2000

29.3

Sep 2015

%

quarterly

Mar 1998 - Dec 2017

Updated on 2018-04-20
Ukraine

14.6

Dec 2017

22.6

Sep 2017

3.9

Mar 2014

35.9

Sep 2004

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-24
United Arab Emirates

27.5

2016

29.3

2015

25.8

2010

84.2

1974

%

yearly

1972 - 2016

Updated on 2018-04-23
United Kingdom

14.6

Dec 2017

15.0

Sep 2017

10.9

Dec 2009

24.3

Mar 1973

%

quarterly

Mar 1955 - Dec 2017

Updated on 2018-04-27
United States

16.8

Dec 2017

17.6

Sep 2017

13.7

Sep 2009

24.9

Mar 1965

%

quarterly

Mar 1947 - Dec 2017

Updated on 2018-03-28
Uruguay

17.1

2016

17.2

2015

11.0

2000

18.2

2009

%

yearly

1997 - 2016

Updated on 2018-04-23
Venezuela

3.4

2014

14.3

2013

3.4

2014

46.3

1974

%

yearly

1970 - 2014

Updated on 2018-04-30
Vietnam

24.9

2016

25.7

2015

-24.8

1968

29.6

2012

%

yearly

1955 - 2016

Updated on 2018-04-24
Yemen

7.3

2013

19.0

2012

7.3

2013

38.5

1990

%

yearly

1990 - 2013

Updated on 2018-04-20

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
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
Bank Lending Rate

17.35

Mar 2018

17.53

Feb 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Mar 2018

Updated on 2018-05-02
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 2018-04-20
Business Confidence: Net Balance

1.7

Dec 2017

-17.6

Sep 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Dec 2017

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

16.06

Mar 2018

17.56

Feb 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Mar 2018

Updated on 2018-05-02
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

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

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-04-30
Consumer Confidence Growth

1.3

Mar 2018

4.5

Dec 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Mar 2018

Updated on 2018-04-20
Consumer Confidence: Net Balance

28.5

Mar 2018

34.4

Dec 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Mar 2018

Updated on 2018-04-18
Consumer Price Index CPI Growth

13.3

Mar 2018

14.3

Feb 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Mar 2018

Updated on 2018-04-20
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017-10-25
Core CPI Change

11.85

Mar 2018

12.34

Feb 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Mar 2018

Updated on 2018-05-02
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
Crude Oil: Production

1,810.00

Mar 2018

1,792.00

Feb 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Mar 2018

Updated on 2018-04-12
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
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 2018-04-20
Domestic Credit

86,053.9

Mar 2018

88,114.1

Feb 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Mar 2018

Updated on 2018-04-30
Domestic Credit Growth

-5.1

Mar 2018

-1.1

Feb 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Mar 2018

Updated on 2018-04-30
Electricity Production

8,640

Dec 2017

8,371

Sep 2017

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Dec 2017

Updated on 2018-04-20
Employed Persons

69,090,006.52

Sep 2017

70,354,895.79

Jun 2017

61,804,100.00

Jun 2012

70,665,895.85

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-20
Equity Market Index

41,268.0

Apr 2018

41,504.5

Mar 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Apr 2018

Updated on 2018-04-30
Exchange Rate against USD

305.110

Apr 2018

305.240

Mar 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Apr 2018

Updated on 2018-04-30
Exports: ICT Goods

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2018-04-25
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-16
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
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
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
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

57.2

1991

%

yearly

1985 - 2017

Updated on 2018-04-30
Forecast: Consumer Price Index Growth

14.00

2023

14.00

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

Updated on 2018-04-17
Forecast: Current Account Balance

2.00

2023

2.23

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

Updated on 2018-04-17
Forecast: Exports of Goods Growth

1.53

2023

1.37

2022

-15.34

2002

32.95

2003

%

yearly

1991 - 2023

Updated on 2018-04-17
Forecast: GDP PPP Per Capita

6,379.87

2023

6,319.75

2022

2,026.44

1991

6,379.87

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Government Expenditure

32,324.37

2023

27,264.45

2022

99.77

1990

32,324.37

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Government Net Debt

80,503.18

2023

68,575.88

2022

358.18

1990

80,503.18

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Government Revenue

20,397.06

2023

17,059.10

2022

96.42

1990

20,397.06

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Nominal GDP Per Capita

3,935.72

2023

3,479.15

2022

496.50

1999

3,935.72

2023

USD

yearly

1990 - 2023

Updated on 2018-04-17
Forecast: Population

222.04

2023

216.10

2022

68.45

1980

222.04

2023

Person mn

yearly

1980 - 2023

Updated on 2018-04-17
Forecast: Real GDP Growth

1.95

2023

1.98

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-04-17
Forecast: Unemployment Rate

16.48

2017

13.38

2016

5.09

2010

16.48

2017

%

yearly

2010 - 2017

Updated on 2018-04-17
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
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 2018-04-20
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
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 2018-04-20
Foreign Exchange Reserves: Months of Import

13.8

Jan 2018

11.7

Dec 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Jan 2018

Updated on 2018-04-25
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 2018-04-20
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 2018-04-20
GDP per Capita

2,156.84

2016

2,698.63

2015

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2018-04-30
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Gold Reserves

0.06

Jan 2018

0.06

Dec 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Jan 2018

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

16.2

2017

14.3

2016

7.2

2008

80.5

1992

%

yearly

1981 - 2017

Updated on 2018-04-30
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 2018-04-20
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 2018-04-20
Imports: ICT Goods

1,383,238.75

2016

1,821,759.16

2014

142,900.38

2000

2,928,318.22

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

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
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
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
Industrial Production Index Growth

-3.3

Dec 2017

-4.2

Sep 2017

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

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

15.3

2016

15.3

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2018-05-03
Labour Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2018-04-20
Labour Productivity Growth

1.96

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-04-20
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017-09-29
Liquid Assets Ratio

29.2

Dec 2017

23.8

Nov 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - Dec 2017

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

12.0

2017

9.1

2016

3.0

1985

29.7

2007

%

yearly

1985 - 2017

Updated on 2018-04-30
Minerals Production

129,583,436.00

2016

147,959,459.00

2015

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

35,750.84

Mar 2018

35,137.65

Feb 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Mar 2018

Updated on 2018-05-02
Money Supply M2

79,619.36

Mar 2018

78,649.26

Feb 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Mar 2018

Updated on 2018-05-02
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

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

2,948.00

Dec 2017

3,800.00

Dec 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

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

4,051.20

Dec 2017

19,200.00

Dec 2016

4,051.20

Dec 2017

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-04-20
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

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

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
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
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 2018-04-20
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 2018-04-20
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

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

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2018-04-19
Number of Subscriber Mobile

154,342,168.00

2016

150,830,089.00

2015

0.00

1992

154,342,168.00

2016

Person

yearly

1960 - 2016

Updated on 2018-04-19
Policy Rate

14.00

Apr 2018

14.00

Mar 2018

6.00

Aug 2010

14.00

Apr 2018

% pa

monthly

Dec 2006 - Apr 2018

Updated on 2018-04-30
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017-08-27
Private Consumption Expenditure

78,377.21

Dec 2016

75,468.96

Sep 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2016

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

81.6

2016

78.2

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2018-05-03
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 2018-04-20
Public Consumption: % of GDP

5.4

2016

6.6

2015

2.4

1989

17.1

1993

%

yearly

1950 - 2016

Updated on 2018-05-03
Real Effective Exchange Rate

125.1

Mar 2018

123.8

Feb 2018

50.9

Mar 1992

701.9

Sep 1984

2005=100

monthly

Dec 1979 - Mar 2018

Updated on 2018-04-23
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 2018-04-20
Reserve Requirement Ratio

22.5

Apr 2018

22.5

Mar 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Apr 2018

Updated on 2018-04-30
Short Term Interest Rate

13.58

Apr 2018

16.01

Mar 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Apr 2018

Updated on 2018-05-02
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.98

2016

83.25

2015

0.00

1992

83.25

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,654.48

2017

71,281.08

2016

4,696.12

1992

104,420.24

2014

USD mn

yearly

1992 - 2017

Updated on 2018-05-07
Total Exports

5,659.8

Jan 2018

4,053.9

Dec 2017

322.9

Oct 1986

11,545.7

Aug 2011

USD mn

monthly

Jan 1981 - Jan 2018

Updated on 2018-04-25
Total Exports Growth

56.4

Jan 2018

-2.3

Dec 2017

-74.9

Oct 1986

204.0

Feb 2000

%

monthly

Jan 1982 - Jan 2018

Updated on 2018-04-25
Total Imports

2,941.0

Jan 2018

3,360.8

Dec 2017

230.8

Feb 1986

5,727.9

Mar 2011

USD mn

monthly

Jan 1981 - Jan 2018

Updated on 2018-04-25
Total Imports Growth

17.8

Jan 2018

18.9

Dec 2017

-66.4

Feb 1986

117.5

Sep 2003

%

monthly

Jan 1982 - Jan 2018

Updated on 2018-04-25
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-04-20
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-04-20
Trade Balance

2,488.5

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 2018-04-20
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-04-20
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-04-20
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