Nigeria Industrial Production Index Growth

2011 - 2020 | Quarterly | % | CEIC Data

Buy this data Includes Nigeria Production: series Instant access to full history data in excel

Nigeria's Industrial production fell 10.1 % YoY in Mar 2020, following an increase of 25.1 % YoY in the previous quarter. Nigeria's Industrial production index growth rate YoY data is updated quarterly, available from Mar 2011 to Mar 2020, with an average rate of -0.2 %. The data reached an all-time high of 25.1 % in Dec 2019 and a record low of -20.3 % in Mar 2016. CEIC calculates quarterly Industrial Production Index Growth from quarterly Industrial Production Index. The Central Bank of Nigeria provides Industrial Production Index with base 2010=100.

What was Nigeria's Industrial Production Index Growth in Mar 2020?

Last Previous Min Max Unit Frequency Range

-10.1

% Mar 2020 quarterly Mar 2011 - Mar 2020

25.1

% Dec 2019 quarterly Mar 2011 - Mar 2020

-20.3

Mar 2016

25.1

Dec 2019

%

quarterly

Mar 2011 - Mar 2020

Updated on 15 Jul 2020

Industrial Production Index Growth by Country Comparison

Buy this table Includes Industrial Production Index Growth 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 Frequency Range
Albania (%)

-22.8

Jun 2020

quarterly

Mar 2006 - Jun 2020

Algeria (%)

-6.7

Mar 2020

quarterly

Mar 1996 - Mar 2020

Argentina (%)

-13.3

Nov 2018

monthly

Jan 2016 - Nov 2018

Armenia (%)

-2.3

Jul 2020

monthly

Jan 2008 - Jul 2020

Australia (%)

-2.1

Jun 2020

quarterly

Sep 1975 - Jun 2020

Austria (%)

-11.5

Jun 2020

monthly

Jan 1958 - Jun 2020

Azerbaijan (%)

-9.5

Jul 2020

monthly

Dec 2009 - Jul 2020

Bangladesh (%)

-27.0

May 2020

monthly

Jul 1974 - May 2020

Belarus (%)

-0.1

Aug 2020

monthly

Jan 2002 - Aug 2020

Belgium (%)

-5.1

Jul 2020

monthly

Jan 1956 - Jul 2020

Bolivia (%)

2.2

2014

yearly

1992 - 2014

Bosnia and Herzegovina (%)

-9.1

Jul 2020

monthly

Jan 2007 - Jul 2020

Brazil (%)

-3.2

Jul 2020

monthly

Jan 1986 - Jul 2020

Bulgaria (%)

-6.2

Jul 2020

monthly

Jan 2001 - Jul 2020

Canada (%)

-6.2

Mar 2020

monthly

Jan 1958 - Mar 2020

Chile (%)

-3.4

Jul 2020

monthly

Jan 2010 - Jul 2020

China (%)

5.6

Aug 2020

monthly

Jan 1995 - Aug 2020

Colombia (%)

-10.8

Jul 2020

monthly

Jan 1981 - Jul 2020

Croatia (%)

-1.6

Jul 2020

monthly

Jan 1999 - Jul 2020

Cyprus (%)

-10.3

Jun 2020

monthly

Jan 2001 - Jun 2020

Czech Republic (%)

-4.7

Jul 2020

monthly

Jan 1999 - Jul 2020

Denmark (%)

-12.4

Jul 2020

monthly

Jan 2001 - Jul 2020

Ecuador (%)

38.2

Jun 2020

monthly

Jan 2017 - Jun 2020

Egypt (%)

3.9

Jan 2020

monthly

Aug 2004 - Jan 2020

Estonia (%)

-0.5

Jul 2020

monthly

Jan 1999 - Jul 2020

European Union (%)

-7.4

Jul 2020

monthly

Jan 1992 - Jul 2020

Finland (%)

-5.8

Jul 2020

monthly

Jan 1955 - Jul 2020

France (%)

-8.3

Jul 2020

monthly

Jan 1991 - Jul 2020

Georgia (%)

3.4

Mar 2020

quarterly

Mar 2002 - Mar 2020

Germany (%)

-10.0

Jul 2020

monthly

Jan 1959 - Jul 2020

Greece (%)

-0.2

Jul 2020

monthly

Jan 1991 - Jul 2020

Hong Kong SAR, China (%)

-5.1

Jun 2020

quarterly

Mar 1983 - Jun 2020

Hungary (%)

-7.9

Jul 2020

monthly

Jan 1986 - Jul 2020

Iceland (%)

11.7

2018

yearly

2008 - 2018

India (%)

-10.4

Jul 2020

monthly

Apr 2006 - Jul 2020

Indonesia (%)

2.0

Feb 2020

monthly

Jan 1999 - Feb 2020

Iran (%)

12.7

Mar 2017

monthly

Jan 1958 - Mar 2017

Ireland (%)

13.0

Jul 2020

monthly

Jan 1977 - Jul 2020

Israel (%)

8.3

Feb 2020

monthly

Jan 2005 - Feb 2020

Italy (%)

-7.6

Jul 2020

monthly

Jan 1954 - Jul 2020

Ivory Coast (%)

-0.6

Jun 2020

monthly

Jan 2015 - Jun 2020

Japan (%)

-14.7

Jul 2020

monthly

Jan 1954 - Jul 2020

Jordan (%)

-4.5

Jun 2020

monthly

Jan 2003 - Jun 2020

Kazakhstan (%)

-5.6

Aug 2020

monthly

Feb 2001 - Aug 2020

Kenya (%)

2.0

2019

yearly

2002 - 2019

South Korea (%)

-2.6

Jul 2020

monthly

Jan 1958 - Jul 2020

Kuwait (%)

-10.0

Mar 2017

monthly

Jan 1966 - Mar 2017

Kyrgyzstan (%)

7.3

Aug 2020

monthly

Jan 1999 - Aug 2020

Latvia (%)

0.3

Jul 2020

monthly

Jan 2001 - Jul 2020

Lebanon (%)

10.6

2010

yearly

1998 - 2010

Lithuania (%)

-1.4

Jul 2020

monthly

Jan 1999 - Jul 2020

Luxembourg (%)

-15.0

Jun 2020

monthly

Jan 2011 - Jun 2020

Macau SAR, China (%)

-32.4

Jun 2020

quarterly

Mar 2001 - Jun 2020

North Macedonia (%)

-9.5

Jul 2020

monthly

Jan 2004 - Jul 2020

Malawi (%)

-12.5

Dec 2018

monthly

Jan 2014 - Dec 2018

Malaysia (%)

1.1

Jul 2020

monthly

Jan 2011 - Jul 2020

Malta (%)

-2.6

Jul 2020

monthly

Jan 2001 - Jul 2020

Mauritius (%)

-3.1

Mar 2020

quarterly

Mar 2015 - Mar 2020

Mexico (%)

-11.6

Jul 2020

monthly

Jan 1981 - Jul 2020

Moldova (%)

-7.2

Jun 2020

monthly

Jan 2004 - Jun 2020

Mongolia (%)

-14.0

Aug 2020

monthly

Jan 2010 - Aug 2020

Montenegro (%)

-4.8

May 2020

monthly

Jan 2006 - May 2020

Morocco (%)

-21.4

Jun 2020

quarterly

Mar 1979 - Jun 2020

Nepal (%)

7.9

Jul 2018

quarterly

Oct 2016 - Jul 2018

Netherlands (%)

-5.5

Jul 2020

monthly

Jan 2001 - Jul 2020

New Zealand (%)

1.7

Dec 2017

quarterly

Mar 1991 - Dec 2017

Nigeria (%)

-10.1

Mar 2020

quarterly

Mar 2011 - Mar 2020

Norway (%)

5.3

Jul 2020

monthly

Jan 1991 - Jul 2020

Oman (%)

-1.9

Apr 2017

monthly

Jul 1968 - Apr 2017

Pakistan (%)

5.2

Jul 2020

monthly

Apr 2008 - Jul 2020

Panama (%)

-5.3

Sep 2019

monthly

Jan 2004 - Sep 2019

Peru (%)

-10.4

Jul 2020

monthly

Jan 1994 - Jul 2020

Philippines (%)

-11.9

Jul 2020

monthly

Jan 2002 - Jul 2020

Poland (%)

0.2

Jul 2020

monthly

Jan 1998 - Jul 2020

Portugal (%)

-9.6

Jul 2020

monthly

Jan 1996 - Jul 2020

Qatar (%)

-11.2

Mar 2017

monthly

Jan 1958 - Mar 2017

Romania (%)

-9.9

Jul 2020

monthly

Jan 2006 - Jul 2020

Russia (%)

-8.0

Jul 2020

monthly

Jan 2014 - Jul 2020

Saudi Arabia (%)

-3.2

Mar 2017

monthly

May 1965 - Mar 2017

Serbia (%)

0.2

Jul 2020

monthly

Jan 2001 - Jul 2020

Singapore (%)

-8.9

Jul 2020

monthly

Jan 1984 - Jul 2020

Slovakia (%)

-3.6

Jul 2020

monthly

Jan 1999 - Jul 2020

Slovenia (%)

-4.9

Jul 2020

monthly

Dec 1992 - Jul 2020

South Africa (%)

-11.9

Jul 2020

monthly

Jan 1962 - Jul 2020

Spain (%)

-6.4

Jul 2020

monthly

Jan 1962 - Jul 2020

Sri Lanka (%)

2.3

Jul 2020

monthly

Jan 2016 - Jul 2020

Sweden (%)

-7.7

Jul 2020

monthly

Jan 1981 - Jul 2020

Switzerland (%)

-8.1

Jun 2020

monthly

Oct 2010 - Jun 2020

Syria (%)

25.0

2018

yearly

1966 - 2018

Taiwan (%)

2.3

Jul 2020

monthly

Jan 1997 - Jul 2020

Tajikistan (%)

11.8

May 2018

monthly

Jan 2000 - May 2018

Thailand (%)

-15.4

Jul 2020

monthly

Jan 2012 - Jul 2020

Tunisia (%)

3.9

Jun 2020

monthly

Jan 2001 - Jun 2020

Turkey (%)

4.0

Jul 2020

monthly

Jan 1987 - Jul 2020

Ukraine (%)

-4.2

Jul 2020

monthly

Dec 2000 - Jul 2020

United Arab Emirates (%)

2.2

Mar 2017

monthly

Jan 1975 - Mar 2017

United Kingdom (%)

-7.8

Jul 2020

monthly

Jan 1957 - Jul 2020

United States (%)

-7.7

Aug 2020

monthly

Jan 1920 - Aug 2020

Uruguay (%)

-5.3

Jul 2020

monthly

Jan 2003 - Jul 2020

Venezuela (%)

-20.6

Jan 2019

monthly

Jan 1998 - Jan 2019

Vietnam (%)

2.1

Aug 2020

monthly

Jan 2013 - Aug 2020

Nigeria Key Series

Buy this table Includes All Indicators: series Instant access to full history data in excel
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 Frequency Range
Nominal GDP (USD mn)

94,377.8

Jun 2020

quarterly

Mar 2010 - Jun 2020

Real GDP Growth (%)

-6.1

Jun 2020

quarterly

Mar 2011 - Jun 2020

Nominal GDP Growth (%)

-2.796

Jun 2020

quarterly

Mar 2011 - Jun 2020

GDP per Capita (USD)

2,341.862

2019

yearly

1981 - 2019

GDP Deflator Growth (%)

3.5

Jun 2020

quarterly

Mar 2011 - Jun 2020

Private Consumption Expenditure (USD mn)

100,060.552

Dec 2019

quarterly

Mar 2010 - Dec 2019

Private Consumption: % of GDP (%)

73.5

2019

yearly

1981 - 2019

Public Consumption Expenditure (USD mn)

7,013.533

Dec 2019

quarterly

Mar 2010 - Dec 2019

Public Consumption: % of GDP (%)

5.9

2019

yearly

1981 - 2019

Investment: % of GDP (%)

26.2

2019

yearly

1981 - 2019

Gross Fixed Capital Formation (USD mn)

33,781.413

Dec 2019

quarterly

Mar 2010 - Dec 2019

Gross National Product (USD mn)

433,449.465

2019

yearly

1960 - 2019

Gross Savings Rate (%)

20.6

2019

yearly

1981 - 2019

Forecast: GDP PPP Per Capita (PPP Intl $)

6,712.984

2024

yearly

1990 - 2024

Forecast: Nominal GDP Per Capita (USD)

3,346.387

2024

yearly

1990 - 2024

Forecast: Real GDP Growth (%)

2.623

2021

yearly

1991 - 2021

Total Trade of Goods & Services: % of Nominal GDP (%)

34.095

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: Final Consumption Expenditure (FCE): General Government (GG) (NGN mn)

2,149,323.176

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: FCE: Private: Households (NGN mn)

30,498,516.032

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: Changes in Inventories (NGN mn)

285,593.525

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: Gross Fixed Capital Formation (NGN mn)

10,352,439.460

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: Exports of Goods & Services (NGN mn)

5,113,321.501

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: Imports of Goods & Services (NGN mn)

8,534,880.435

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: 2010p: Final Consumption Expenditure (FCE): General Governme... (NGN mn)

1,082,949.341

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: 2010p: FCE: Households (NGN mn)

12,030,651.452

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: 2010p: Gross Fixed Capital Formation (NGN mn)

3,060,921.998

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: 2010p: Exports of Goods & Services (NGN mn)

6,132,329.510

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Market Prices: 2010p: Imports of Goods & Services (NGN mn)

2,780,544.204

Dec 2019

quarterly

Mar 2010 - Dec 2019

GDP: Basic Prices: Services: Public Administration (NGN mn)

752,976.114

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Wholesale and Retail Trade (NGN mn)

4,563,929.920

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Industry: Manufacturing (Mfg) (NGN mn)

4,010,345.536

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Industry: Utilities: Water Supply, Sewage & Waste Mng (NGN mn)

114,005.851

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Industry: Construction (NGN mn)

2,323,182.009

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Industry: Utilities: Electricity, Gas, Steam & Air Conditioni... (NGN mn)

313,589.488

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Industry (NGN mn)

9,402,778.544

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Industry: Mining & Quarrying (MQ) (NGN mn)

2,641,655.661

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Other Services (NGN mn)

918,416.998

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Transportation & Storage (TS) (NGN mn)

384,469.191

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Accommodation & Food Services (NGN mn)

162,508.349

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Professional, Scientific & Technical Services (NGN mn)

1,024,069.118

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Information & Communication (IC) (NGN mn)

4,783,340.008

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Finance & Insurance (FI) (NGN mn)

1,279,701.186

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Real Estate (NGN mn)

1,840,109.042

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices (NGN mn)

34,023,197.604

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Administrative & Support Services, Business Service... (NGN mn)

6,657.564

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Education (NGN mn)

464,986.902

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Human Health & Social Services (NGN mn)

238,340.377

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Services: Arts, Entertainment & Recreation (NGN mn)

61,392.559

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: Agriculture (NGN mn)

8,139,521.732

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Information & Communication (IC) (NGN mn)

2,834,907.097

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Administrative & Support Services, Business ... (NGN mn)

3,311.307

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Wholesale and Retail Trade (NGN mn)

2,269,985.069

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Accommodation & Food Services (NGN mn)

64,886.952

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: MQ: Solid Minerals: Quarrying & Other Minera... (NGN mn)

19,746.310

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: Utilities: Water Supply, Sewage & Waste Mng (NGN mn)

41,694.103

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: MQ: Crude Petroleum & Natural Gas (NGN mn)

1,419,038.390

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Transportation & Storage (TS) (NGN mn)

118,654.957

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry (NGN mn)

3,476,086.413

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: Mining & Quarrying (MQ) (NGN mn)

1,442,805.970

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Professional, Scientific & Technical Service... (NGN mn)

509,346.473

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Finance & Insurance (FI) (NGN mn)

636,491.496

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Real Estate (NGN mn)

848,905.930

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p (NGN mn)

15,897,931.939

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: Utilities: Electricity, Gas, Steam & Air Con... (NGN mn)

75,322.516

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: Manufacturing (Mfg) (NGN mn)

1,402,571.391

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Industry: Construction (NGN mn)

513,692.433

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Public Administration (NGN mn)

374,511.565

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Education (NGN mn)

227,752.157

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Human Health & Social Services (NGN mn)

122,402.838

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Arts, Entertainment & Recreation (NGN mn)

35,223.547

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Services: Other Services (NGN mn)

456,797.740

Jun 2020

quarterly

Mar 2010 - Jun 2020

GDP: Basic Prices: 2010p: Agriculture (NGN mn)

3,918,668.399

Jun 2020

quarterly

Mar 2010 - Jun 2020

Production Last Frequency Range
Industrial Production Index Growth (%)

-10.1

Mar 2020

quarterly

Mar 2011 - Mar 2020

Minerals Production (Metric Ton)

136,888,431.000

2018

yearly

2009 - 2018

Gold Production (kg)

20.000

2017

yearly

1993 - 2017

Motor Vehicle Production (Unit)

2,040.000

2008

yearly

1999 - 2008

Industrial Production Index (2010=100)

97.600

Mar 2020

quarterly

Mar 2010 - Mar 2020

Industrial Production Index: Manufacturing (2010=100)

181.500

Mar 2020

quarterly

Mar 2010 - Mar 2020

Industrial Production Index: Mining (2010=100)

56.400

Mar 2020

quarterly

Mar 2010 - Mar 2020

Capacity Utilization Rate: Manufacturing (%)

55.000

Dec 2018

quarterly

Dec 2008 - Dec 2018

Electricity Generation: Average per Hour (MWh)

3,630.500

Dec 2019

quarterly

Mar 2005 - Dec 2019

Electricity Consumption: Average per Hour (MWh)

3,123.500

Mar 2020

quarterly

Mar 2005 - Mar 2020

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-3.2

Mar 2020

quarterly

Dec 2010 - Mar 2020

Consolidated Fiscal Balance (USD mn)

-4,673.639

Mar 2020

quarterly

Mar 2005 - Mar 2020

National Government Debt (USD mn)

74,350.1

Jun 2020

quarterly

Dec 2006 - Jun 2020

Government Debt: % of GDP (%)

16.2

2019

yearly

1981 - 2019

Forecast: Government Expenditure (NGN bn)

30,277.552

2024

yearly

1990 - 2024

Forecast: Government Net Debt (NGN bn)

89,098.797

2024

yearly

1990 - 2024

Forecast: Government Revenue (NGN bn)

19,020.111

2024

yearly

1990 - 2024

Gross Federation Account Revenue (NGN bn)

2,527.270

Mar 2020

quarterly

Mar 2005 - Mar 2020

Federal Govt Balance (NGN bn)

-1,462.910

Mar 2020

quarterly

Mar 2005 - Mar 2020

Gross Federation Account Revenue: Oil (NGN bn)

1,563.650

Dec 2019

quarterly

Mar 2005 - Dec 2019

Federal Govt Revenue (NGN bn)

864.880

Mar 2020

quarterly

Mar 2005 - Mar 2020

Federal Govt Expenditure (NGN bn)

2,074.460

Dec 2019

quarterly

Mar 2005 - Dec 2019

Federal Govt Expenditure: Recurrent (NGN bn)

1,513.940

Dec 2019

quarterly

Mar 2005 - Dec 2019

Federal Govt Expenditure: Capital (NGN bn)

472.540

Mar 2020

quarterly

Mar 2005 - Mar 2020

Government Debt: Domestic (NGN bn)

15,455.699

Jun 2020

quarterly

Dec 2005 - Jun 2020

Demographic and Labour Market Last Frequency Range
Population (Person mn)

206.1

2020

yearly

1950 - 2020

Labour Force Participation Rate (%)

52.7

2020

yearly

1990 - 2020

Employed Persons (Person)

58,527,276.300

Jun 2020

quarterly

Mar 2012 - Jun 2020

Unemployment Rate (%)

27.11

Jun 2020

quarterly

Mar 2012 - Jun 2020

Labour Productivity Growth (%)

1.14

Sep 2018

quarterly

Mar 2013 - Sep 2018

Forecast: Population (Person mn)

227.713

2024

yearly

1980 - 2024

Forecast: Employment (Person mn)

0.000

yearly

-

Forecast: Unemployment Rate (%)

22.562

2018

yearly

2010 - 2018

Population: Male (Person mn)

101.447

2017

yearly

2006 - 2017

Population: Female (Person mn)

98.234

2017

yearly

2006 - 2017

Labour Force: Economically Active (Person)

80,291,894.000

Jun 2020

quarterly

Mar 2012 - Jun 2020

Labour Force: Economically Active: Employment: Male (Person)

21,144,497.000

Jun 2020

quarterly

Mar 2014 - Jun 2020

Labour Force: Economically Active: Employment Female (Person)

14,440,777.000

Jun 2020

quarterly

Mar 2014 - Jun 2020

Labour Force: Unemployment: Male (Person)

9,561,739.700

Jun 2020

quarterly

Mar 2012 - Jun 2020

Labour Force: Economically Active: Employment (Person)

58,527,276.300

Jun 2020

quarterly

Mar 2012 - Jun 2020

Labour Force: Unemployment: Female (Person)

12,202,877.500

Jun 2020

quarterly

Mar 2012 - Jun 2020

Labour Force: Economically Active: Unemployment (Person)

21,764,617.200

Jun 2020

quarterly

Mar 2012 - Jun 2020

Labour Force: Economically Active: Male (Person)

41,664,913.000

Jun 2020

quarterly

Mar 2014 - Jun 2020

Labour Force: Economically Active: Female (Person)

38,626,981.000

Jun 2020

quarterly

Mar 2014 - Jun 2020

Unemployment Rate (%)

27.107

Jun 2020

quarterly

Mar 2012 - Jun 2020

NG: Employment Index (2010=100)

112.760

2017

yearly

2010 - 2017

Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit)

9,800

2019

yearly

2005 - 2019

Motor Vehicles Sales Growth (%)

-42.4

2019

yearly

2006 - 2019

Motor Vehicle Sales: Commercial Cars (Unit)

4,700.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Motor Vehicle Sales: Passenger Cars (Unit)

5,100.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Consumer Confidence: Net Balance (% Point)

23.7

Jun 2020

quarterly

Jun 2009 - Jun 2020

Consumer Confidence Growth (% Point)

-6.8

Jun 2020

quarterly

Jun 2010 - Jun 2020

Inflation Last Frequency Range
Consumer Price Index CPI Growth (%)

13.2

Aug 2020

monthly

Jan 1961 - Aug 2020

Core CPI Change (%)

11.068

Aug 2020

monthly

Jan 1996 - Aug 2020

CPI: Food and Non Alcoholic Beverage Change (%)

15.915

Aug 2020

monthly

Jan 1996 - Aug 2020

Forecast: Consumer Price Index Growth (%)

12.370

2021

yearly

1996 - 2021

Consumer Price Index (Nov2009=100)

334.572

Aug 2020

monthly

Jan 1995 - Aug 2020

Consumer Price Index: Food and Non Alcoholic Beverages (Nov2009=100)

373.317

Aug 2020

monthly

Jan 1995 - Aug 2020

Consumer Price Index: Alcoholic Beverages, Tobacco and Kola (Nov2009=100)

254.923

Aug 2020

monthly

Jan 1995 - Aug 2020

Foreign Trade Last Frequency Range
Trade Balance (USD mn)

-2,239.0

Jun 2020

monthly

Jan 2003 - Jun 2020

Total Exports (USD mn)

2,764.0

May 2020

monthly

Jan 1981 - May 2020

Total Exports Growth (%)

-46.9

May 2020

monthly

Jan 1982 - May 2020

Aluminum: Exports (USD th)

219.434

2019

yearly

1995 - 2019

Exports: Medicament (USD th)

2,058.678

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

374.584

2019

yearly

1995 - 2019

Total Imports (USD mn)

1,871.8

May 2020

monthly

Jan 1981 - May 2020

Total Imports Growth (%)

-44.4

May 2020

monthly

Jan 1982 - May 2020

Forecast: Exports of Goods Growth (%)

2.507

2024

yearly

1991 - 2024

Imports: Medicament (USD th)

972,000.088

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

303,920.333

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

39.181

Jun 2020

monthly

Jan 2003 - Jun 2020

Total Imports from USA (USD mn)

440.409

Jun 2020

monthly

Dec 2009 - Jun 2020

Total Exports to China (USD mn)

344.800

Jun 2020

monthly

Jan 2007 - Jun 2020

Total Imports from China (USD mn)

1,452.891

Jun 2020

monthly

Jan 2007 - Jun 2020

Exports: Crude Oil (NGN mn)

662,778.227

Mar 2020

monthly

Jan 2003 - Mar 2020

Trade Balance (NGN mn)

-162,246.254

Mar 2020

monthly

Jan 2003 - Mar 2020

Exports (NGN mn)

965,633.840

Mar 2020

monthly

Jan 2003 - Mar 2020

Exports: Europe: ow UK (NGN mn)

16,804.572

Mar 2020

monthly

Jan 2003 - Mar 2020

Exports: Europe: ow Netherlands (NGN mn)

79,219.039

Mar 2020

monthly

Jan 2003 - Mar 2020

Exports: America: ow USA (NGN mn)

21,497.458

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Europe: ow Germany (NGN mn)

47,363.917

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Europe: ow UK (NGN mn)

32,892.642

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Europe: ow Netherlands (NGN mn)

24,669.374

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Asia: ow China (NGN mn)

388,762.256

Mar 2020

monthly

Jan 2007 - Mar 2020

Imports: America: ow USA (NGN mn)

129,241.013

Mar 2020

monthly

Jan 2003 - Mar 2020

Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn)

31,542.858

2019

yearly

2003 - 2019

Exports: Vegetable Products (NGN mn)

155,226.703

2019

yearly

2003 - 2019

Exports: Mineral Products (NGN mn)

18,012,406.653

2018

yearly

2003 - 2018

Imports (NGN mn)

1,127,880.093

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Food and Live Animals (NGN mn)

152,121.791

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn)

19,264.671

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Chemicals and Chemical Products (NGN mn)

145,305.290

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Manufactured Goods (NGN mn)

90,534.292

Mar 2020

monthly

Jan 2003 - Mar 2020

Imports: Machinery and Transport Equipment (NGN mn)

599,380.267

Mar 2020

monthly

Jan 2003 - Mar 2020

Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn)

360.8

Mar 2020

quarterly

Mar 2008 - Mar 2020

Current Account Balance (USD mn)

-4,881.7

Mar 2020

quarterly

Mar 2008 - Mar 2020

Current Account Balance: % of GDP (%)

-4.3

Mar 2020

quarterly

Mar 2008 - Mar 2020

Foreign Direct Investment (USD mn)

427.8

Mar 2020

quarterly

Mar 2008 - Mar 2020

Foreign Direct Investment: % of GDP (%)

0.4

Mar 2020

quarterly

Mar 2010 - Mar 2020

Foreign Portfolio Investment (USD mn)

-8,335.657

Mar 2020

quarterly

Mar 2008 - Mar 2020

Foreign Portfolio Investment: % of GDP (%)

-7.3

Mar 2020

quarterly

Mar 2010 - Mar 2020

Foreign Portfolio Investment: Equity Securities (USD mn)

-1,414.2

Mar 2020

quarterly

Mar 2008 - Mar 2020

Foreign Portfolio Investment: Debt Securities (USD mn)

-6,921.495

Mar 2020

quarterly

Mar 2008 - Mar 2020

External Debt (USD mn)

8,991.3

Mar 2013

quarterly

Jun 2011 - Mar 2013

External Debt: % of GDP (%)

1.9

2012

yearly

2011 - 2012

Net International Investment Position (USD mn)

-72,916.692

2019

yearly

2005 - 2019

Forecast: Current Account Balance (USD bn)

-1.395

2024

yearly

1980 - 2024

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

-99.940

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Services: Credit (USD mn)

1,120.401

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn)

-8,335.657

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Current Transfers: Debit (USD mn)

-139.810

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Liabilities (USD mn)

-9,080.450

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Assets (USD mn)

2,780.029

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Assets: Direct Investment (USD mn)

-360.759

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Assets: Reserves Assets (USD mn)

4,385.681

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Services (USD mn)

-7,776.338

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Assets: Other Investment (USD mn)

-1,144.953

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Capital Account (USD mn)

0.000

Dec 2019

quarterly

Mar 2008 - Dec 2019

BoP: CA: Current Transfers (USD mn)

6,148.454

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account (USD mn)

-6,300.421

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CF: Financial Account: Liabilities: Other Investment (USD mn)

-1,172.552

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Current Transfers: Credit (USD mn)

6,288.264

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Services: Debit (USD mn)

-8,896.739

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: Net Errors & Omission (USD mn)

11,182.152

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Goods (USD mn)

-439.906

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Goods: Credit (USD mn)

13,389.360

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Goods: Debit (USD mn)

-13,829.265

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Income (USD mn)

-2,813.940

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Income: Credit (USD mn)

542.555

Mar 2020

quarterly

Mar 2008 - Mar 2020

BoP: CA: Income: Debit (USD mn)

-3,356.495

Mar 2020

quarterly

Mar 2008 - Mar 2020

External Debt: Government (USD mn)

31,477.140

Jun 2020

quarterly

Dec 2006 - Jun 2020

External Debt: Government: International Capital Market (USD mn)

10,868.350

Jun 2020

quarterly

Mar 2011 - Jun 2020

External Debt: Service Payments (USD mn)

194.440

Dec 2018

quarterly

Mar 2008 - Dec 2018

Capital Inflow: Foreign Direct Investment (USD)

121,386,927.600

Jun 2020

monthly

Jan 2007 - Jun 2020

Monetary Last Frequency Range
Money Supply M1 (USD mn)

34,901.945

Jul 2020

monthly

Nov 1992 - Jul 2020

Money Supply M2 (USD mn)

92,501.055

Jul 2020

monthly

Nov 1992 - Jul 2020

M2 Growth (%)

17.9

Jul 2020

monthly

Nov 1993 - Jul 2020

Non Performing Loans Ratio (%)

11.4

2018

yearly

2003 - 2018

Reserve Requirement Ratio (%)

27.5

Aug 2020

monthly

Nov 2005 - Aug 2020

Foreign Exchange Reserves (USD mn)

35,671.3

Aug 2020

monthly

Jan 1960 - Aug 2020

Foreign Exchange Reserves: % of GDP (%)

7.765

Jun 2020

quarterly

Dec 2010 - Jun 2020

Foreign Exchange Reserves: Months of Import (NA)

19.3

May 2020

monthly

Jan 1981 - May 2020

Gold Reserves (USD mn)

0.062

Jan 2018

monthly

Dec 1950 - Jan 2018

Total Deposits (USD mn)

84,227.541

2019

yearly

1992 - 2019

Total Deposits Growth (%)

2.6

Dec 2019

monthly

Nov 1993 - Dec 2019

Domestic Credit (USD mn)

110,155.7

Jul 2020

monthly

Nov 1992 - Jul 2020

Domestic Credit Growth (%)

18.8

Jul 2020

monthly

Nov 1993 - Jul 2020

Private Debt: % of Nominal GDP (%)

11.06

Jun 2020

quarterly

Dec 2010 - Jun 2020

Monetary Survey: Liabilities: M3 (NGN mn)

35,345,802.020

Jun 2020

monthly

Nov 1992 - Jun 2020

Monetary Survey: Liabilities: M2 (NGN mn)

32,171,336.260

Jun 2020

monthly

Nov 1992 - Jun 2020

Monetary Survey: Liabilities: M2: M1 (NGN mn)

12,386,831.120

May 2020

monthly

Nov 1992 - May 2020

Monetary Survey: Liabilities: M2: Quasi Money (NGN mn)

20,103,701.130

May 2020

monthly

Nov 1992 - May 2020

Monetary Survey: Liabilities: Base Money (NGN mn)

12,968,506.550

May 2020

monthly

Jan 1993 - May 2020

Non Performing Loans to Gross Loans (%)

9.335

Jun 2019

semiannually

Dec 2003 - Jun 2019

Banking Statistics Last Frequency Range
Liquid Assets Ratio (%)

32.5

Mar 2020

monthly

Jun 2001 - Mar 2020

Capital Adequacy Ratio (%)

15.3

2018

yearly

2004 - 2018

Monetary Authorities: Assets (NGN mn)

43,854,805.160

Dec 2019

monthly

Dec 2001 - Dec 2019

Central Bank of Nigeria: Assets (NGN th)

29,478,837,009.000

Oct 2019

monthly

Jan 2005 - Oct 2019

Banking Sector: Regulatory Capital to Risk Weighted Assets (%)

15.272

Jun 2019

semiannually

Jun 2008 - Jun 2019

Banking Sector: Tier 1 Capital to Risk Weighted Assets (%)

13.555

Jun 2019

semiannually

Jun 2008 - Jun 2019

Banking Sector: Liquid Assets to Total Assets (%)

22.640

Dec 2018

semiannually

Jun 2008 - Dec 2018

Banking Sector: Liquid Assets to Short Term Liabilities (%)

35.106

Jun 2019

semiannually

Jun 2008 - Jun 2019

Banking Sector: Return on Assets (%)

2.529

Jun 2019

semiannually

Jun 2008 - Jun 2019

Banking Sector: Interest Margin to Gross Income (%)

67.270

Dec 2018

semiannually

Jun 2008 - Dec 2018

Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa)

15.650

Jun 2020

monthly

Jan 2006 - Jun 2020

Exchange Rate against USD (NGN/USD)

376.786

Aug 2020

monthly

Jan 1957 - Aug 2020

Policy Rate (% pa)

12.50

Aug 2020

monthly

Dec 2006 - Aug 2020

Short Term Interest Rate (% pa)

3.18

Aug 2020

monthly

Jan 2010 - Aug 2020

Real Effective Exchange Rate (2005=100)

136.3

Jul 2020

monthly

Dec 1979 - Jul 2020

Deposit Rate: Savings Deposits (% pa)

3.780

Jun 2020

monthly

Jan 2006 - Jun 2020

Prime Lending Rate (% pa)

15.650

Jun 2020

monthly

Jan 2006 - Jun 2020

Energy Last Frequency Range
Electricity Production (GWh)

7,720

Mar 2020

quarterly

Mar 2005 - Mar 2020

Natural Gas Production: OPEC: Marketed Production (Cub m mn)

47,827.878

2019

yearly

1963 - 2019

Natural Gas: Exports (Cub m mn)

35,953.100

2019

yearly

1960 - 2019

Crude Oil: Production (Barrel/Day th)

1,482.000

Aug 2020

monthly

Jan 2002 - Aug 2020

Crude Oil: Exports (Barrel/Day th)

2,008.228

2019

yearly

1980 - 2019

Tourism Last Frequency Range
Visitor Arrivals (Person)

5,265,000

2016

yearly

1995 - 2016

Visitor Arrivals Growth (%)

-12.5

2016

yearly

1996 - 2016

Tourism Revenue (USD mn)

1,977

2018

yearly

1995 - 2018

Tourism Revenue Growth (%)

-24.4

2018

yearly

1996 - 2018

Business and Economic Survey Last Frequency Range
Business Confidence: Net Balance (% Point)

0.6

Aug 2020

monthly

Feb 2018 - Aug 2020

Business Confidence Growth (% Point)

-18.8

Aug 2020

monthly

Jul 2015 - Aug 2020

Financial Market Last Frequency Range
Equity Market Index (03Jan1984=100)

25,327.1

Aug 2020

monthly

Jan 1985 - Aug 2020

Market Capitalization: % of GDP (%)

9.0

2019

yearly

1985 - 2019

Market Capitalization (USD mn)

35,067.479

Aug 2020

monthly

Jan 1985 - Aug 2020

Market Capitalization: Nigeria Stock Exchange (NGN tn)

29.456

Aug 2020

monthly

Jun 2008 - Aug 2020

Shares Trading: Nigeria Stock Exchange: Volume (Unit bn)

5.560

May 2020

monthly

Jan 2008 - May 2020

Shares Trading: Nigeria Stock Exchange: Value (NGN bn)

64.180

Dec 2019

monthly

Jan 2008 - Dec 2019

Transport and Telecommunications Last Frequency Range
Motor Vehicle Registered (Unit th)

3,750.000

2015

yearly

2005 - 2015

Container Port Throughput (TEU)

1,210,000.000

2018

yearly

2008 - 2018

Liner Shipping Connectivity Index (2004=100)

18.960

2018

yearly

2004 - 2018

Number of Subscriber Fixed Line (Unit)

140,491.000

2018

yearly

1960 - 2018

Number of Subscriber Mobile (Person)

172,730,603.000

2018

yearly

1960 - 2018

Teledensity: Fixed Line (Number)

0.072

2018

yearly

1960 - 2018

Teledensity: Mobile (Number)

88.184

2018

yearly

1960 - 2018

Exports: ICT Goods (USD th)

40.102

2018

yearly

2000 - 2018

Exports: Telecommunication Equipment (USD th)

7,540.792

2019

yearly

1995 - 2019

Exports: Television (USD th)

933.276

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

1,323,695.494

2018

yearly

2000 - 2018

Imports: Telecommunication Equipment (USD th)

1,318,760.821

2019

yearly

1995 - 2019

Imports: Television (USD th)

217,089.167

2019

yearly

1995 - 2019

Passenger Traffic: Airport (Person)

17,230,438.000

2018

yearly

2003 - 2018

Unlimited access tailored to your data needs
Flexible monthly access to CEIC data