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Nigeria Labour Force Participation Rate

1990 - 2017 | Yearly | % | World Bank

Nigeria's Labour Force Participation Rate dropped to 55.1 % in Dec 2017, compared with 55.2 % in the previous year. Nigeria's Labour Force Participation Rate is updated yearly, available from Dec 1990 to Dec 2017, with an average rate of 55.1 % . The data reached the an all-time high of 56.4 % in Dec 1990 and a record low of 54.7 % in Dec 2004. Nigeria's Labour Force Participation Rate is reported by reported by World Bank.

In the latest reports, Nigeria's Population reached 190.9 million people in Dec 2017.

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What was Nigeria's Labour Force Participation Rate in 2017?

Last

55.1

2017
Previous

55.2

2016
Min

54.7

2004
Max

56.4

1990
Unit

%

Frequency

yearly

Range

1990 - 2017

Updated on 20 Apr 2018
Last Previous Min Max Unit Frequency Range

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 20 Apr 2018

View Nigeria's Labour Force Participation Rate from 1990 to 2017 in the chart:

Nigeria Labour Force Participation Rate

Series Details
Series ID

279072203

Name

Nigeria Labour Force Participation Rate

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

World Bank

First Date

1990

Last Date

2017

Last Updated

20 Apr 2018

Statistics
Mean

55.3

Variance

0.3

Standard deviation

0.5

Skewness

1.2

Kurtosis

0.4

Coefficient variation

0.0

Median

55.1

Max
1990

56.4

Min
2004

54.7

Previous observation
2016

55.2

Last observation
2017

55.1

Number of Observations

28

Get This Data

More Countries/Regions for Labour Force Participation Rate

Country/Region Last Previous Min Max Unit Frequency Range
Albania

59.3

Mar 2018

59.1

Dec 2017

50.8

Mar 2014

59.3

Mar 2018

%

quarterly

Mar 2012 - Mar 2018

Updated on 2018-06-11
Algeria

41.8

2017

41.8

2016

39.8

2003

43.2

2013

%

yearly

2003 - 2017

Updated on 2017-12-21
Argentina

59.8

2017

60.0

2016

59.4

1990

62.4

2004

%

yearly

1990 - 2017

Updated on 2018-04-19
Armenia

60.7

Mar 2018

60.9

Dec 2017

56.7

Jun 2009

65.9

Sep 2011

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-08-03
Australia

65.3

Sep 2018

65.3

Aug 2018

59.6

Jan 1984

66.3

Feb 2018

%

monthly

Feb 1978 - Sep 2018

Updated on 2018-10-18
Austria

76.6

Jun 2018

76.0

Mar 2018

69.4

Mar 2004

77.4

Sep 2016

%

quarterly

Mar 2004 - Jun 2018

Updated on 2018-09-12
Azerbaijan

66.1

2017

66.2

2016

60.8

1990

66.2

2016

%

yearly

1990 - 2017

Updated on 2018-04-19
Bahrain

72.2

2017

71.9

2016

64.5

1991

72.2

2010

%

yearly

1990 - 2017

Updated on 2018-04-19
Bangladesh

56.5

2017

56.4

2016

56.4

2016

57.6

2004

%

yearly

1990 - 2017

Updated on 2018-04-19
Belarus

82.8

2016

83.3

2015

76.1

2004

83.3

2015

%

yearly

1995 - 2016

Updated on 2017-09-26
Belgium

67.9

Jun 2018

68.1

Mar 2018

63.6

Jun 2001

68.6

Dec 2017

%

quarterly

Mar 1999 - Jun 2018

Updated on 2018-10-02
Bolivia

62.4

2017

65.6

2016

61.0

2015

67.8

2001

%

yearly

1999 - 2017

Updated on 2018-09-18
Bosnia and Herzegovina

42.6

2017

43.1

2016

42.6

2017

44.6

2010

%

yearly

2006 - 2017

Updated on 2017-07-11
Botswana

71.9

2017

71.6

2016

59.0

2000

71.9

2017

%

yearly

1990 - 2017

Updated on 2018-04-19
Brazil

61.6

Aug 2018

61.5

Jul 2018

60.9

Feb 2015

61.9

Nov 2017

%

monthly

Mar 2012 - Aug 2018

Updated on 2018-09-28
Brunei

67.1

2017

67.2

2016

65.0

1990

68.0

2000

%

yearly

1990 - 2017

Updated on 2018-04-19
Bulgaria

55.5

Jun 2018

54.6

Mar 2018

47.5

Dec 2000

56.5

Sep 2017

%

quarterly

Jun 2000 - Jun 2018

Updated on 2018-09-12
Cambodia

84.0

2016

82.7

2015

81.8

2008

87.5

2011

%

yearly

2007 - 2016

Updated on 2018-05-23
Canada

65.2

Sep 2018

66.5

Aug 2018

59.9

Jan 1976

69.3

Jul 1989

%

monthly

Jan 1976 - Sep 2018

Updated on 2018-10-05
Chile

59.9

May 2018

59.8

Apr 2018

56.1

Jul 2009

60.4

Feb 2014

%

monthly

Mar 2009 - May 2018

Updated on 2018-06-29
China

68.9

2017

69.4

2016

68.9

2017

79.1

1990

%

yearly

1990 - 2017

Updated on 2018-04-19
Colombia

63.2

Mar 2018

64.9

Dec 2017

57.5

Dec 2006

65.9

Dec 2015

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-05-10
Croatia

51.2

Jun 2018

51.0

Mar 2018

49.5

Mar 2013

54.1

Sep 2008

%

quarterly

Mar 2007 - Jun 2018

Updated on 2018-10-10
Cyprus

62.0

Mar 2018

61.5

Dec 2017

60.3

Mar 2016

64.7

Dec 2007

%

quarterly

Jun 2004 - Mar 2018

Updated on 2018-06-22
Czech Republic

60.5

Jun 2018

60.3

Mar 2018

58.1

Mar 2012

60.6

Sep 2017

%

quarterly

Dec 2001 - Jun 2018

Updated on 2018-10-01
Denmark

75.5

2016

74.9

2015

74.7

2014

79.0

2007

%

yearly

2006 - 2016

Updated on 2018-03-01
Ecuador

68.3

2017

68.5

2016

63.5

1990

70.3

2006

%

yearly

1990 - 2017

Updated on 2018-04-27
Egypt

31.0

2017

31.8

2016

27.3

1989

33.4

2010

%

yearly

1989 - 2017

Updated on 2018-05-30
Estonia

63.2

Mar 2018

63.9

Dec 2017

56.9

Jun 2002

63.9

Dec 2017

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-05-15
European Union

57.3

2017

57.5

2016

56.2

1997

57.7

1991

%

yearly

1990 - 2017

Updated on 2018-06-29
Finland

65.5

Sep 2018

66.8

Aug 2018

63.5

Dec 2012

71.5

Jun 2008

%

monthly

May 2004 - Sep 2018

Updated on 2018-10-23
France

72.2

Jun 2018

72.2

Mar 2018

69.5

Jun 2006

72.2

Jun 2018

%

quarterly

Mar 2003 - Jun 2018

Updated on 2018-08-14
Georgia

65.8

2017

66.3

2016

60.3

2007

66.8

2015

%

yearly

1998 - 2017

Updated on 2018-05-21
Germany

60.9

Jun 2018

61.0

Mar 2018

58.2

Mar 2005

61.7

Dec 2017

%

quarterly

Mar 2005 - Jun 2018

Updated on 2018-09-06
Greece

59.7

Jul 2018

60.0

Jun 2018

57.4

Mar 2004

60.4

Oct 2010

%

monthly

Jan 2004 - Jul 2018

Updated on 2018-10-11
Hong Kong SAR

61.2

Sep 2018

61.4

Aug 2018

59.5

Nov 2010

66.2

Sep 1984

%

monthly

Dec 1981 - Sep 2018

Updated on 2018-10-19
Hungary

62.8

Sep 2018

62.4

Jun 2018

51.0

Jun 1998

62.8

Sep 2018

%

quarterly

Mar 1998 - Sep 2018

Updated on 2018-10-30
Iceland

80.8

Sep 2018

82.3

Aug 2018

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - Sep 2018

Updated on 2018-10-25
India

53.8

2017

53.9

2016

53.8

2017

60.8

1994

%

yearly

1990 - 2017

Updated on 2018-04-19
Indonesia

69.2

Feb 2018

66.7

Aug 2017

65.8

Aug 2015

70.0

Feb 2011

%

semiannually

Feb 2005 - Feb 2018

Updated on 2018-05-07
Iran

39.7

Mar 2018

40.1

Dec 2017

35.4

Mar 2014

42.6

Sep 2005

%

quarterly

Jun 2001 - Mar 2018

Updated on 2018-06-10
Israel

64.4

Aug 2018

64.2

Jul 2018

62.6

Jan 2012

65.0

Jul 2016

%

monthly

Jan 2012 - Aug 2018

Updated on 2018-10-08
Italy

66.3

Jun 2018

65.4

Mar 2018

57.2

Jun 1978

66.3

Jun 2018

%

quarterly

Mar 1977 - Jun 2018

Updated on 2018-10-01
Ivory Coast

57.3

2017

57.4

2016

57.3

2017

67.8

1990

%

yearly

1990 - 2017

Updated on 2018-04-19
Japan

61.7

May 2018

61.7

Apr 2018

58.5

Dec 2012

67.9

Jun 1968

%

monthly

Jan 1968 - May 2018

Updated on 2018-06-28
Jordan

39.1

2017

39.2

2016

39.1

2017

42.6

1996

%

yearly

1990 - 2017

Updated on 2018-04-20
Kazakhstan

70.0

Jun 2018

69.5

Mar 2018

68.0

Mar 2002

72.8

Sep 2001

%

quarterly

Jun 2001 - Jun 2018

Updated on 2018-08-13
Kenya

65.4

2017

65.4

2016

64.8

2005

73.8

1990

%

yearly

1990 - 2017

Updated on 2018-04-19
South Korea

63.5

Sep 2018

63.4

Aug 2018

59.2

Jan 2011

63.9

May 2018

%

monthly

Jun 1999 - Sep 2018

Updated on 2018-10-11
Kosovo

42.8

2017

38.7

2016

36.9

2012

52.8

2002

%

yearly

2002 - 2017

Updated on 2018-06-18
Kuwait

69.0

2017

69.6

2016

64.3

1990

70.6

2014

%

yearly

1990 - 2017

Updated on 2018-04-19
Kyrgyzstan

61.5

2016

62.4

2015

61.5

2016

76.2

1996

%

yearly

1994 - 2016

Updated on 2017-12-27
Laos

78.3

2017

78.1

2016

78.1

2011

81.2

1991

%

yearly

1990 - 2017

Updated on 2018-04-20
Latvia

69.7

Jun 2018

69.2

Mar 2018

59.9

Mar 2002

69.7

Jun 2018

%

quarterly

Mar 2002 - Jun 2018

Updated on 2018-08-15
Lebanon

47.2

2017

47.1

2016

43.6

1996

47.2

2017

%

yearly

1990 - 2017

Updated on 2018-04-19
Lithuania

61.2

Jun 2018

60.8

Mar 2018

54.7

Dec 2006

61.2

Jun 2018

%

quarterly

Jun 1998 - Jun 2018

Updated on 2018-08-17
Luxembourg

54.7

2017

54.6

2016

53.7

2000

55.6

2013

%

yearly

2000 - 2017

Updated on 2018-10-22
Macau SAR

71.0

Jun 2018

70.8

May 2018

60.8

Sep 2003

74.4

Dec 2014

%

monthly

Sep 1996 - Jun 2018

Updated on 2018-07-27
Macedonia

56.9

Jun 2018

56.9

Mar 2018

50.3

Dec 2004

57.8

Dec 2010

%

quarterly

Mar 2004 - Jun 2018

Updated on 2018-09-07
Malawi

77.0

2017

76.8

2016

76.8

2016

77.5

2013

%

yearly

1990 - 2017

Updated on 2018-04-19
Malaysia

68.4

Aug 2018

68.6

Jul 2018

67.6

Dec 2016

68.6

Jul 2018

%

monthly

Jan 2015 - Aug 2018

Updated on 2018-10-15
Malta

73.5

Jun 2018

71.2

Mar 2018

57.2

Dec 2006

73.5

Jun 2018

%

quarterly

Dec 2000 - Jun 2018

Updated on 2018-10-03
Mauritius

58.7

Jun 2018

58.8

Mar 2018

56.9

Dec 2004

61.0

Dec 2015

%

quarterly

Mar 2004 - Jun 2018

Updated on 2018-09-27
Mexico

59.5

Sep 2018

60.0

Aug 2018

58.2

Dec 2010

61.5

Jun 2012

%

monthly

Jan 2005 - Sep 2018

Updated on 2018-10-24
Moldova

46.4

Jun 2018

39.3

Mar 2018

37.0

Mar 2012

61.4

Jun 2000

%

quarterly

Mar 2000 - Jun 2018

Updated on 2018-09-03
Mongolia

61.0

Jun 2018

60.6

Mar 2018

59.2

Jun 2008

64.8

Sep 2011

%

quarterly

Sep 2006 - Jun 2018

Updated on 2018-08-15
Montenegro

56.2

Jun 2018

53.6

Mar 2018

47.1

Mar 2011

56.4

Sep 2017

%

quarterly

Mar 2008 - Jun 2018

Updated on 2018-09-17
Morocco

47.0

Jun 2018

47.1

Mar 2018

45.5

Sep 2017

55.7

Mar 1999

%

quarterly

Mar 1999 - Jun 2018

Updated on 2018-10-10
Myanmar

65.1

2017

65.3

2016

65.1

2017

73.4

1991

%

yearly

1990 - 2017

Updated on 2018-09-24
Nepal

84.2

2017

84.3

2016

83.0

2008

86.2

1995

%

yearly

1990 - 2017

Updated on 2018-04-19
Netherlands

69.9

Sep 2018

70.5

Aug 2018

62.1

Jan 2005

70.5

Aug 2018

%

monthly

Jan 2003 - Sep 2018

Updated on 2018-10-18
New Zealand

71.2

Mar 2018

71.3

Dec 2017

62.6

Sep 1992

71.3

Dec 2017

%

quarterly

Mar 1986 - Mar 2018

Updated on 2018-05-01
Nigeria

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2018-04-20
Norway

64.2

2017

64.4

2016

61.6

1993

67.4

2008

%

yearly

1990 - 2017

Updated on 2018-04-19
Oman

70.2

2017

69.8

2016

54.9

2001

70.2

2017

%

yearly

1990 - 2017

Updated on 2018-04-19
Pakistan

54.4

2017

54.4

2016

49.2

1995

54.4

2017

%

yearly

1990 - 2017

Updated on 2018-04-19
Panama

64.0

2017

64.4

2016

61.9

2011

64.4

2016

%

yearly

2003 - 2017

Updated on 2018-05-16
Paraguay

63.1

2017

62.6

2016

57.3

1999

64.4

2012

%

yearly

1998 - 2017

Updated on 2018-05-10
Peru

72.2

2016

71.6

2015

69.2

2001

74.1

2010

%

yearly

2001 - 2016

Updated on 2018-04-25
Philippines

60.1

Jul 2018

60.9

Apr 2018

60.1

Jul 2018

69.0

Apr 2004

%

quarterly

Jul 2003 - Jul 2018

Updated on 2018-09-25
Poland

56.5

Jun 2018

56.0

Mar 2018

53.2

Mar 2007

57.9

Mar 1999

%

quarterly

Dec 1998 - Jun 2018

Updated on 2018-08-24
Portugal

59.0

Jun 2018

58.9

Mar 2018

58.1

Mar 2016

61.6

Jun 2011

%

quarterly

Mar 2011 - Jun 2018

Updated on 2018-08-08
Qatar

89.1

2016

88.6

2015

79.7

2006

89.1

2016

%

yearly

2006 - 2016

Updated on 2017-07-18
Romania

53.8

Mar 2018

54.2

Dec 2017

52.7

Mar 2016

67.8

Sep 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-08-10
Russia

68.8

Mar 2018

68.5

Feb 2018

66.8

Feb 2010

70.3

Aug 2016

%

monthly

Aug 2009 - Mar 2018

Updated on 2018-06-14
Saudi Arabia

56.1

2017

55.9

2016

48.8

1999

56.1

2017

%

yearly

1990 - 2017

Updated on 2018-04-19
Serbia

55.2

Jun 2018

52.9

Mar 2018

50.8

Mar 2015

55.3

Sep 2017

%

quarterly

Mar 2014 - Jun 2018

Updated on 2018-08-31
Singapore

67.7

2017

68.0

2016

63.1

1998

68.3

2015

%

yearly

1991 - 2017

Updated on 2018-01-26
Slovakia

59.6

Jun 2018

59.6

Mar 2018

58.5

Mar 2011

60.9

Sep 2001

%

quarterly

Mar 1994 - Jun 2018

Updated on 2018-09-14
Slovenia

59.1

Jun 2018

58.3

Mar 2018

55.8

Mar 2016

60.7

Sep 2008

%

quarterly

Mar 2008 - Jun 2018

Updated on 2018-09-19
South Africa

59.1

Jun 2018

59.3

Mar 2018

55.0

Dec 2010

60.5

Mar 2017

%

quarterly

Mar 2008 - Jun 2018

Updated on 2018-07-31
Spain

58.7

Sep 2018

58.8

Jun 2018

48.9

Jun 1985

60.5

Sep 2012

%

quarterly

Sep 1976 - Sep 2018

Updated on 2018-10-25
Sri Lanka

51.1

Jun 2018

52.0

Mar 2018

51.1

Jun 2018

54.7

Mar 2017

%

quarterly

Jun 2012 - Jun 2018

Updated on 2018-09-28
Sudan

46.5

2017

46.6

2016

46.5

2017

51.7

1996

%

yearly

1990 - 2017

Updated on 2018-04-19
Sweden

72.9

Sep 2018

73.7

Aug 2018

69.3

Jan 2012

75.3

Jul 2018

%

monthly

Apr 2005 - Sep 2018

Updated on 2018-10-18
Switzerland

68.4

Jun 2018

68.4

Mar 2018

66.8

Mar 2010

68.8

Dec 2016

%

quarterly

Mar 2010 - Jun 2018

Updated on 2018-08-16
Syria

41.1

2017

41.5

2016

41.1

2017

54.2

1990

%

yearly

1990 - 2017

Updated on 2018-04-19
Taiwan

59.0

Sep 2018

59.2

Aug 2018

56.3

Apr 1982

61.8

Aug 1987

%

monthly

Jan 1978 - Sep 2018

Updated on 2018-10-22
Tajikistan

46.7

2016

47.7

2015

46.7

2016

78.5

1990

%

yearly

1990 - 2016

Updated on 2018-10-18
Thailand

68.1

Sep 2018

68.8

Aug 2018

66.4

Oct 2017

73.1

Jun 2013

%

monthly

Jan 2013 - Sep 2018

Updated on 2018-10-03
Tunisia

46.6

2014

47.8

2012

45.2

2000

47.8

2012

%

yearly

1999 - 2014

Updated on 2017-10-19
Turkey

54.0

Jul 2018

53.8

Jun 2018

42.4

Feb 2006

54.0

Jul 2018

%

monthly

Jan 2005 - Jul 2018

Updated on 2018-10-15
Ukraine

61.9

Mar 2018

61.5

Dec 2017

61.2

Mar 2005

65.3

Sep 2013

%

quarterly

Mar 2005 - Mar 2018

Updated on 2018-06-26
United Arab Emirates

79.7

2017

80.4

2016

73.1

1990

82.2

2010

%

yearly

1990 - 2017

Updated on 2018-04-19
United Kingdom

63.6

Jul 2018

63.6

Jun 2018

61.4

May 1983

64.5

Sep 1990

%

monthly

Feb 1971 - Jul 2018

Updated on 2018-10-16
United States

62.7

Sep 2018

62.7

Aug 2018

57.2

Jan 1948

68.1

Jul 1997

%

monthly

Jan 1948 - Sep 2018

Updated on 2018-10-05
Uruguay

62.7

Aug 2018

61.3

Jul 2018

59.6

Jun 2006

65.7

Feb 2014

%

monthly

Jan 2006 - Aug 2018

Updated on 2018-10-05
Venezuela

62.7

Apr 2016

62.8

Mar 2016

62.6

Dec 2015

70.6

Oct 2003

%

monthly

Jan 1999 - Apr 2016

Updated on 2016-06-29
Vietnam

76.5

Jun 2018

76.7

Mar 2018

76.2

Jun 2015

78.8

Dec 2015

%

quarterly

Mar 2011 - Jun 2018

Updated on 2018-09-28
Yemen

41.8

2010

42.2

2009

39.2

2004

44.5

2005

%

yearly

2004 - 2010

Updated on 2014-06-17

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

93,537.975

2017

70,593.644

2016

121.318

1995

189,187.722

2013

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Bank Lending Rate

16.650

Aug 2018

16.830

Jul 2018

14.580

Nov 2008

19.660

Nov 2009

% pa

monthly

Jan 2006 - Aug 2018

Updated on 2018-09-28
Business Confidence Growth

48.6

Dec 2017

26.2

Sep 2017

-50.5

Sep 2016

48.6

Dec 2017

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2018-05-09
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

12.955

Jun 2018

13.438

May 2018

-3.598

Jul 2006

38.035

Aug 2005

%

monthly

Jan 2004 - Jun 2018

Updated on 2018-07-23
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 2018-05-21
Consumer Confidence Growth

-13.0

Jun 2018

1.3

Mar 2018

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Jun 2018

Updated on 2018-07-09
Consumer Confidence: Net Balance

30.1

Sep 2018

21.2

Jun 2018

21.2

Jun 2018

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Sep 2018

Updated on 2018-10-22
Consumer Price Index CPI Growth

11.1

Jul 2018

11.2

Jun 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jul 2018

Updated on 2018-08-15
Container Port Throughput

1,335,470.000

2016

1,558,679.000

2015

72,500.000

2008

1,893,409.000

2014

TEU

yearly

2008 - 2016

Updated on 2017-10-25
Core CPI Change

11.190

Jun 2018

11.600

May 2018

-6.500

Dec 2007

27.800

Nov 2003

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-23
Crude Oil: Exports

1,811.100

2017

1,738.000

2016

1,665.000

1995

2,464.000

2010

Barrel/Day th

yearly

1995 - 2017

Updated on 2018-06-12
Crude Oil: Production

1,660.000

Jun 2018

1,632.000

May 2018

1,419.000

Aug 2016

2,496.000

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Jun 2018

Updated on 2018-07-11
Current Account Balance

4,468.6

Mar 2018

3,656.2

Dec 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Direct Investment Abroad

337.2

Mar 2018

321.5

Dec 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Domestic Credit

84,938.4

Sep 2018

81,322.4

Aug 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Sep 2018

Updated on 2018-10-24
Domestic Credit Growth

-3.8

Sep 2018

-7.4

Aug 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Sep 2018

Updated on 2018-10-30
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 2018-09-20
Employed Persons

69,090,006.515

Sep 2017

70,354,895.794

Jun 2017

61,804,100.000

Jun 2012

70,665,895.854

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-20
Equity Market Index

32,766.4

Sep 2018

34,848.4

Aug 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Sep 2018

Updated on 2018-09-28
Exchange Rate against USD

305.772

Sep 2018

305.557

Aug 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Sep 2018

Updated on 2018-09-28
Exports: ICT Goods

1,754.719

2014

10,789.286

2013

0.983

2002

21,155.697

2011

USD th

yearly

2000 - 2014

Updated on 2018-04-25
Exports: Medicament

1,568.716

2017

1,151.097

2016

353.798

2001

5,424.010

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Medicinal and Pharmaceutical Product

149.323

2017

155.918

2016

16.731

1997

6,564.544

2007

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

6,497.065

2017

18,735.525

2016

1,104.260

2001

34,433.128

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

116.668

2017

273.825

2016

60.366

2000

2,654.078

2011

USD th

yearly

1995 - 2017

Updated on 2018-07-09
External Debt

22,071.9

Mar 2018

18,913.4

Dec 2017

3,287.7

Mar 2007

22,071.9

Mar 2018

USD mn

quarterly

Dec 2006 - Mar 2018

Updated on 2018-06-21
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

57.2

1991

%

yearly

1985 - 2017

Updated on 2018-05-21
Forecast: Consumer Price Index Growth

14.000

2023

14.000

2022

5.401

2007

29.291

1996

%

yearly

1996 - 2023

Updated on 2018-07-12
Forecast: Current Account Balance

2.000

2023

2.229

2022

-15.763

2015

36.529

2005

USD bn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Exports of Goods Growth

1.529

2023

1.374

2022

-15.340

2002

32.948

2003

%

yearly

1991 - 2023

Updated on 2018-07-12
Forecast: GDP PPP Per Capita

6,379.873

2023

6,319.752

2022

2,026.444

1991

6,379.873

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Expenditure

32,324.373

2023

27,264.449

2022

99.769

1990

32,324.373

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Net Debt

80,503.183

2023

68,575.875

2022

358.177

1990

80,503.183

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Revenue

20,397.064

2023

17,059.102

2022

96.416

1990

20,397.064

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Nominal GDP Per Capita

3,935.723

2023

3,479.147

2022

496.495

1999

3,935.723

2023

USD

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Population

222.039

2023

216.097

2022

68.447

1980

222.039

2023

Person mn

yearly

1980 - 2023

Updated on 2018-07-12
Forecast: Real GDP Growth

1.954

2023

1.980

2022

-1.617

2016

14.604

2002

%

yearly

1991 - 2023

Updated on 2018-07-18
Forecast: Unemployment Rate

16.475

2017

13.375

2016

5.092

2010

16.475

2017

%

yearly

2010 - 2017

Updated on 2018-07-12
Foreign Direct Investment

808.6

Mar 2018

959.5

Dec 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
Foreign Direct Investment: % of GDP

0.9

Mar 2018

0.9

Dec 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-07-03
Foreign Exchange Reserves

44,305.1

Sep 2018

44,580.4

Aug 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Sep 2018

Updated on 2018-10-10
Foreign Exchange Reserves: % of GDP

12.285

Mar 2018

10.564

Dec 2017

5.287

Mar 2015

12.285

Mar 2018

%

quarterly

Dec 2010 - Mar 2018

Updated on 2018-06-11
Foreign Exchange Reserves: Months of Import

15.1

Apr 2018

13.9

Mar 2018

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
Foreign Portfolio Investment

5,141.948

Mar 2018

3,787.160

Dec 2017

-769.907

Dec 2014

5,963.204

Mar 2013

USD mn

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-03
GDP Deflator Growth

7.3

Mar 2018

5.0

Dec 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
GDP per Capita

1,951.271

2017

2,156.840

2016

492.490

1999

3,224.695

2014

USD

yearly

1981 - 2017

Updated on 2018-06-04
Gold Production

7,700.000

2015

7,100.000

2014

1.000

1993

7,700.000

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Gold Reserves

0.062

Jan 2018

0.062

Dec 2017

0.000

Sep 1961

35.965

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 2018-05-21
Gross Fixed Capital Formation

12,518.552

Dec 2016

11,053.336

Sep 2016

11,053.336

Sep 2016

23,106.205

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-04-20
Gross National Product

364,278.138

2017

395,953.769

2016

4,173.704

1960

549,528.095

2014

USD mn

yearly

1960 - 2017

Updated on 2018-06-29
Gross Savings Rate

13.1

2016

15.2

2015

13.1

2016

88.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-03
Imports: ICT Goods

1,383,238.751

2016

1,821,759.155

2014

142,900.376

2000

2,928,318.223

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

903,549.913

2017

752,308.623

2016

70,479.000

2004

903,549.913

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Medicinal and Pharmaceutical Product

318,240.104

2017

203,518.542

2016

25,695.796

2000

318,240.104

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

1,206,913.817

2017

1,155,546.958

2016

122,950.546

2000

2,586,449.750

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

187,247.521

2017

148,679.767

2016

18,501.000

2004

515,307.114

2014

USD th

yearly

1995 - 2017

Updated on 2018-10-10
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

14.7

2012

89.4

1981

%

yearly

1981 - 2016

Updated on 2018-05-10
Labour Productivity Growth

1.72

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-09-20
Liner Shipping Connectivity Index

19.970

2017

21.300

2016

12.790

2005

22.910

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 2018-05-21
Minerals Production

129,583,436.000

2016

147,959,459.000

2015

117,782,300.000

2009

151,065,413.000

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

34,932.814

Sep 2018

34,193.790

Aug 2018

3,314.917

Mar 1993

47,795.757

May 2016

USD mn

monthly

Nov 1992 - Sep 2018

Updated on 2018-10-17
Money Supply M2

82,433.198

May 2018

80,366.540

Apr 2018

5,894.682

Mar 1993

113,283.586

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Motor Vehicle Registered

3,750.000

2015

3,590.000

2014

1,747.000

2005

3,750.000

2015

Unit th

yearly

2005 - 2015

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

2,948.000

Dec 2017

3,800.000

Dec 2016

1,900.000

Jun 2016

17,000.000

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

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

4,051.200

Dec 2017

19,200.000

Dec 2016

4,051.200

Dec 2017

42,000.000

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

45,434.000

2017

42,562.000

2016

4,844.000

1995

45,434.000

2017

Cub m mn

yearly

1995 - 2017

Updated on 2018-06-12
Natural Gas: Exports

32,511.000

2017

25,147.000

2016

740.000

1999

32,511.000

2017

Cub m mn

yearly

1999 - 2017

Updated on 2018-06-12
Nominal GDP

100,565.6

Jun 2018

93,232.6

Mar 2018

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Jun 2018

Updated on 2018-09-20
Nominal GDP Growth

9.359

Mar 2018

7.221

Dec 2017

3.011

Jun 2016

17.859

Jun 2012

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
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

154,513.000

2016

187,155.000

2015

20,544.000

1960

1,687,972.000

2006

Unit

yearly

1960 - 2016

Updated on 2018-04-19
Number of Subscriber Mobile

144,920,170.000

2017

154,342,168.000

2016

0.000

1992

154,342,168.000

2016

Person

yearly

1960 - 2017

Updated on 2018-09-19
Policy Rate

14.00

Sep 2018

14.00

Aug 2018

6.00

Aug 2010

14.00

Sep 2018

% pa

monthly

Dec 2006 - Sep 2018

Updated on 2018-09-28
Population

190.9

2017

186.0

2016

37.9

1950

190.9

2017

Person mn

yearly

1950 - 2017

Updated on 2018-06-04
Private Consumption Expenditure

78,377.208

Dec 2016

75,468.958

Sep 2016

53,304.758

Jun 2010

119,809.214

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2016

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

81.6

2016

78.2

2015

9.8

1981

81.6

2016

%

yearly

1981 - 2016

Updated on 2018-05-10
Public Consumption Expenditure

4,875.369

Dec 2017

3,821.393

Sep 2017

3,821.393

Sep 2017

10,867.902

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-07-30
Public Consumption: % of GDP

5.4

2016

6.6

2015

0.9

1996

9.4

2007

%

yearly

1981 - 2016

Updated on 2018-05-10
Real Effective Exchange Rate

130.7

Jun 2018

128.6

May 2018

50.9

Mar 1992

703.3

Sep 1984

2005=100

monthly

Dec 1979 - Jun 2018

Updated on 2018-07-26
Real GDP Growth

2.0

Mar 2018

2.1

Dec 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
Reserve Requirement Ratio

22.5

Sep 2018

22.5

Aug 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Sep 2018

Updated on 2018-09-28
Short Term Interest Rate

13.47

Sep 2018

12.81

Aug 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Sep 2018

Updated on 2018-10-02
Teledensity: Fixed Line

0.083

2016

0.103

2015

0.046

1960

1.184

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.984

2016

83.248

2015

0.000

1992

83.248

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,886.992

2017

71,281.079

2016

4,696.120

1992

104,420.237

2014

USD mn

yearly

1992 - 2017

Updated on 2018-10-18
Total Exports

5,550.7

Mar 2018

5,968.8

Feb 2018

322.9

Oct 1986

11,678.9

Aug 2011

USD mn

monthly

Jan 1981 - Mar 2018

Updated on 2018-06-23
Total Exports Growth

26.3

Apr 2018

34.2

Mar 2018

-74.9

Oct 1986

205.9

Feb 2000

%

monthly

Jan 1982 - Apr 2018

Updated on 2018-07-28
Total Imports

3,138.6

Apr 2018

3,363.1

Mar 2018

230.8

Feb 1986

6,411.0

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2018

Updated on 2018-08-25
Total Imports Growth

19.0

Apr 2018

19.1

Mar 2018

-66.4

Feb 1986

114.1

Jan 2011

%

monthly

Jan 1982 - Apr 2018

Updated on 2018-07-28
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

2,742.3

Mar 2018

2,884.5

Feb 2018

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Mar 2018

Updated on 2018-06-12
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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