Explore our Data

Submit

Nigeria Labour Force Participation Rate

1990 - 2016 | Yearly | % | World Bank

Nigeria's Labour Force Participation Rate increased to 56.4 % in Dec 2016, compared with 56.3 % in the previous year. Nigeria's Labour Force Participation Rate is updated yearly, available from Dec 1990 to Dec 2016, with an average rate of 56.1 % . The data reached the an all-time high of 57.0 % in Dec 1990 and a record low of 54.8 % in Dec 2004. Nigeria's Labour Force Participation Rate is reported by reported by World Bank.

In the latest reports, Nigeria's Population reached 186.0 million people in Dec 2016.

CEIC only displays a select group of indicators on our website.
Explore the complete set of 4 million+ time series by registering for a free trial.

What was Nigeria's Labour Force Participation Rate in 2016?

Last Previous Min Max Unit Frequency Range

56.4

2016

56.3

2015

54.8

2004

57.0

1990

%

yearly

1990 - 2016

Updated on 2017

View Nigeria's Labour Force Participation Rate from 1990 to 2016 in the chart:

Feed & API Get This Data

Labour Force Participation Rate: Nigeria

Series Details
Series ID

279072203

Name

Labour Force Participation Rate: Nigeria

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

World Bank

First Date

1990

Last Date

2017

Last Updated

22 Nov 2017

Statistics
Mean

56.02

Variance

0.44

Standard deviation

0.66

Skewness

-0.29

Kurtosis

-1.07

Coefficient variation

0.01

Median

56.11

Max
1990

56.96

Min
2004

54.77

Previous observation
2016

56.42

Last observation
2017

56.53

Number of Observations

28

Get This Data

More Countries for Labour Force Participation Rate

Country Last Previous Min Max Unit Frequency Range
United States

63.0

Sep 2017

63.0

Aug 2017

57.2

Jan 1948

68.1

Jul 1997

%

monthly

Jan 1948 - Sep 2017

Updated on Oct 2017
Canada

65.5

Sep 2017

66.9

Aug 2017

59.9

Jan 1976

69.3

Jul 1989

%

monthly

Jan 1976 - Sep 2017

Updated on Oct 2017
France

72.0

Jun 2017

71.5

Mar 2017

69.5

Jun 2006

72.0

Jun 2017

%

quarterly

Mar 2003 - Jun 2017

Updated on Aug 2017
Germany

60.9

Jun 2017

60.8

Mar 2017

58.2

Mar 2005

61.3

Dec 2016

%

quarterly

Mar 2005 - Jun 2017

Updated on Sep 2017
Italy

65.4

Jun 2017

65.3

Mar 2017

57.2

Jun 1978

65.5

Dec 2016

%

quarterly

Mar 1977 - Jun 2017

Updated on Sep 2017
Japan

60.9

Aug 2017

60.8

Jul 2017

58.5

Dec 2012

66.1

Oct 1973

%

monthly

Jul 1972 - Aug 2017

Updated on Sep 2017
United Kingdom

63.5

Jul 2017

63.7

Jun 2017

61.4

May 1983

64.5

Sep 1990

%

monthly

Feb 1971 - Jul 2017

Updated on Oct 2017
Austria

76.3

Jun 2017

75.5

Mar 2017

70.2

Mar 2004

77.4

Sep 2016

%

quarterly

Mar 2004 - Jun 2017

Updated on Sep 2017
Belgium

67.6

Jun 2017

67.5

Mar 2017

63.6

Jun 2001

68.4

Dec 2016

%

quarterly

Mar 1999 - Jun 2017

Updated on Sep 2017
Bulgaria

55.8

Jun 2017

53.7

Mar 2017

47.5

Dec 2000

55.8

Jun 2017

%

quarterly

Jun 2000 - Jun 2017

Updated on Aug 2017
Cyprus

61.4

Jun 2017

61.5

Mar 2017

60.3

Mar 2016

64.7

Dec 2007

%

quarterly

Jun 2004 - Jun 2017

Updated on Sep 2017
Czech Republic

60.0

Jun 2017

59.9

Mar 2017

58.1

Mar 2012

60.2

Dec 2016

%

quarterly

Dec 2001 - Jun 2017

Updated on Sep 2017
Denmark

74.9

2015

74.7

2014

74.7

2014

79.0

2007

%

yearly

2006 - 2015

Updated on 2017
Estonia

63.7

Jun 2017

62.2

Mar 2017

56.9

Jun 2002

63.9

Sep 2016

%

quarterly

Mar 2000 - Jun 2017

Updated on Aug 2017
Finland

65.0

Sep 2017

65.7

Aug 2017

63.5

Dec 2012

71.5

Jun 2008

%

monthly

May 2004 - Sep 2017

Updated on Oct 2017
Greece

60.0

Jul 2017

59.8

Jun 2017

57.4

Mar 2004

60.4

Oct 2010

%

monthly

Jan 2004 - Jul 2017

Updated on Oct 2017
Hungary

62.3

Sep 2017

61.8

Jun 2017

51.0

Jun 1998

62.3

Sep 2017

%

quarterly

Mar 1998 - Sep 2017

Updated on Oct 2017
Iceland

79.6

Sep 2017

82.8

Aug 2017

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - Sep 2017

Updated on Oct 2017
Ireland

59.9

Jun 2017

59.8

Mar 2017

56.8

Mar 1998

64.7

Sep 2007

%

quarterly

Mar 1998 - Jun 2017

Updated on Sep 2017
Latvia

68.6

Jun 2017

68.0

Mar 2017

59.9

Mar 2002

68.6

Jun 2017

%

quarterly

Mar 2002 - Jun 2017

Updated on Aug 2017
Lithuania

60.8

Jun 2017

60.3

Mar 2017

54.7

Dec 2006

61.1

Jun 1999

%

quarterly

Jun 1998 - Jun 2017

Updated on Aug 2017
Argentina

61.0

2016

61.0

2015

57.5

1992

62.2

2005

%

yearly

1990 - 2016

Updated on 2017
Luxembourg

54.6

2016

54.9

2015

53.7

2000

55.6

2013

%

yearly

2000 - 2016

Updated on 2017
Malta

69.9

Jun 2017

68.7

Mar 2017

57.2

Dec 2006

70.0

Sep 2016

%

quarterly

Dec 2000 - Jun 2017

Updated on Oct 2017
Bolivia

65.6

2016

61.0

2015

61.0

2015

67.8

2001

%

yearly

1999 - 2016

Updated on 2017
Netherlands

68.1

Sep 2017

68.7

Aug 2017

62.1

Jan 2005

68.8

Jul 2017

%

monthly

Jan 2003 - Sep 2017

Updated on Oct 2017
Norway

64.8

2016

64.9

2015

61.5

1993

67.2

2008

%

yearly

1990 - 2016

Updated on 2017
Brazil

61.8

Aug 2017

61.8

Jul 2017

60.9

Feb 2015

61.8

Aug 2017

%

monthly

Mar 2012 - Aug 2017

Updated on Sep 2017
Poland

56.7

Jun 2017

56.2

Mar 2017

53.2

Mar 2007

57.9

Mar 1999

%

quarterly

Dec 1998 - Jun 2017

Updated on Aug 2017
Chile

59.5

Aug 2017

59.5

Jul 2017

56.1

Jul 2009

60.4

Feb 2014

%

monthly

Mar 2009 - Aug 2017

Updated on Sep 2017
Portugal

59.0

Jun 2017

58.5

Mar 2017

58.1

Mar 2016

61.6

Jun 2011

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Colombia

64.8

Jun 2017

63.8

Mar 2017

57.5

Dec 2006

65.9

Dec 2015

%

quarterly

Mar 2001 - Jun 2017

Updated on Aug 2017
Romania

52.9

Mar 2017

53.2

Dec 2016

52.7

Mar 2016

67.8

Sep 1996

%

quarterly

Mar 1996 - Mar 2017

Updated on Aug 2017
Slovakia

59.8

Jun 2017

59.9

Mar 2017

58.5

Mar 2011

60.9

Sep 2001

%

quarterly

Mar 1994 - Jun 2017

Updated on Sep 2017
Slovenia

58.1

Jun 2017

57.7

Mar 2017

55.8

Mar 2016

60.7

Sep 2008

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Ecuador

64.3

2016

64.2

2015

63.7

1990

71.0

2006

%

yearly

1990 - 2016

Updated on 2017
Mexico

59.1

Sep 2017

59.0

Aug 2017

58.2

Dec 2010

61.5

Jun 2012

%

monthly

Jan 2005 - Sep 2017

Updated on Oct 2017
Spain

58.9

Sep 2017

58.8

Jun 2017

48.9

Jun 1985

60.5

Sep 2012

%

quarterly

Sep 1976 - Sep 2017

Updated on Oct 2017
Panama

64.4

2016

64.2

2015

61.9

2011

64.4

2016

%

yearly

2003 - 2016

Updated on 2016
Sweden

72.6

Sep 2017

73.4

Aug 2017

69.3

Jan 2012

74.8

Jun 2017

%

monthly

Apr 2005 - Sep 2017

Updated on Oct 2017
Paraguay

62.6

2016

62.1

2015

57.3

1999

64.4

2012

%

yearly

1998 - 2016

Updated on 2017
Switzerland

68.3

Jun 2017

68.4

Mar 2017

66.8

Mar 2010

68.8

Dec 2016

%

quarterly

Mar 2010 - Jun 2017

Updated on Aug 2017
Peru

72.2

2016

71.6

2015

69.2

2001

74.1

2010

%

yearly

2001 - 2016

Updated on 2017
Uruguay

61.6

Aug 2017

63.1

Jul 2017

59.6

Jun 2006

65.7

Feb 2014

%

monthly

Jan 2006 - Aug 2017

Updated on Oct 2017
Venezuela

62.7

Apr 2016

62.8

Mar 2016

62.6

Dec 2015

70.6

Oct 2003

%

monthly

Jan 1999 - Apr 2016

Updated on Jun 2016
Algeria

41.8

2016

41.8

2015

39.8

2003

43.2

2013

%

yearly

2003 - 2016

Updated on 2017
Australia

65.1

Sep 2017

64.8

Aug 2017

59.6

Jan 1984

66.2

Dec 2010

%

monthly

Feb 1978 - Sep 2017

Updated on Oct 2017
Bangladesh

62.2

2016

62.2

2015

62.1

2014

75.6

1990

%

yearly

1990 - 2016

Updated on 2017
Brunei

63.4

2016

63.5

2015

63.4

2016

68.0

2000

%

yearly

1990 - 2016

Updated on 2017
Cambodia

82.7

2015

82.6

2014

81.8

2008

87.5

2011

%

yearly

2007 - 2015

Updated on 2017
Bahrain

68.8

2016

69.2

2015

64.3

1990

71.0

2010

%

yearly

1990 - 2016

Updated on 2017
China

70.8

2016

70.9

2015

70.8

2016

79.4

1990

%

yearly

1990 - 2016

Updated on 2017
Botswana

77.5

2016

77.4

2015

73.5

1990

77.5

2016

%

yearly

1990 - 2016

Updated on 2017
Hong Kong

61.3

Sep 2017

61.4

Aug 2017

59.5

Nov 2010

66.2

Sep 1984

%

monthly

Dec 1981 - Sep 2017

Updated on Oct 2017
India

53.8

2016

53.7

2015

53.7

2014

60.8

1990

%

yearly

1990 - 2016

Updated on 2017
Israel

64.1

Aug 2017

64.5

Jul 2017

62.6

Jan 2012

65.0

Jul 2016

%

monthly

Jan 2012 - Aug 2017

Updated on Sep 2017
Indonesia

69.0

Feb 2017

66.3

Aug 2016

65.8

Aug 2015

70.0

Feb 2011

%

semiannually

Feb 2005 - Feb 2017

Updated on May 2017
Jordan

40.1

2016

40.0

2015

39.2

1990

43.1

2009

%

yearly

1990 - 2016

Updated on 2017
South Korea

63.4

Sep 2017

63.3

Aug 2017

59.0

Jan 2011

63.8

Jun 2017

%

monthly

Jun 1999 - Sep 2017

Updated on Oct 2017
Malawi

81.1

2016

81.0

2015

77.0

1998

82.7

2008

%

yearly

1990 - 2016

Updated on 2017
Malaysia

67.8

Aug 2017

67.7

Jul 2017

67.6

Dec 2016

68.1

Aug 2015

%

monthly

Jan 2015 - Aug 2017

Updated on Oct 2017
Laos

77.6

2016

77.4

2015

77.2

2014

81.4

1990

%

yearly

1990 - 2016

Updated on 2017
Macau

71.0

Sep 2017

71.5

Aug 2017

60.8

Sep 2003

74.4

Dec 2014

%

monthly

Sep 1996 - Sep 2017

Updated on Oct 2017
Myanmar

77.8

2016

78.0

2015

76.1

1990

78.5

2009

%

yearly

1990 - 2016

Updated on 2017
Nepal

83.0

2016

83.0

2015

83.0

2016

87.0

1995

%

yearly

1990 - 2016

Updated on 2017
New Zealand

69.8

Jun 2017

71.0

Mar 2017

62.6

Sep 1992

71.0

Mar 2017

%

quarterly

Mar 1986 - Jun 2017

Updated on Aug 2017
Pakistan

54.1

2016

53.9

2015

49.2

1995

54.2

2011

%

yearly

1990 - 2016

Updated on 2017
Philippines

60.6

Jul 2017

61.4

Apr 2017

60.6

Jul 2017

69.0

Apr 2004

%

quarterly

Jul 2003 - Jul 2017

Updated on Oct 2017
Singapore

68.0

2016

68.3

2015

63.1

1998

68.3

2015

%

yearly

1991 - 2016

Updated on 2016
Sri Lanka

53.9

Jun 2017

54.7

Mar 2017

51.5

Jun 2012

54.7

Mar 2017

%

quarterly

Jun 2012 - Jun 2017

Updated on Oct 2017
Taiwan

58.9

Sep 2017

59.0

Aug 2017

56.3

Apr 1982

61.8

Aug 1987

%

monthly

Jan 1978 - Sep 2017

Updated on Oct 2017
Thailand

67.4

Sep 2017

68.0

Aug 2017

67.4

Sep 2017

73.1

Jun 2013

%

monthly

Jan 2013 - Sep 2017

Updated on Oct 2017
Vietnam

76.6

Mar 2017

76.8

Dec 2016

76.2

Jun 2015

78.8

Dec 2015

%

quarterly

Mar 2011 - Mar 2017

Updated on May 2017
Albania

58.1

Jun 2017

57.3

Mar 2017

50.8

Mar 2014

58.7

Mar 2012

%

quarterly

Mar 2012 - Jun 2017

Updated on Sep 2017
Armenia

60.5

Jun 2017

58.9

Mar 2017

56.7

Jun 2009

65.9

Sep 2011

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Azerbaijan

65.2

2016

65.0

2015

60.9

1990

65.2

2016

%

yearly

1990 - 2016

Updated on 2017
Belarus

82.8

2016

83.3

2015

76.1

2004

83.3

2015

%

yearly

1995 - 2016

Updated on 2017
Bosnia and Herzegovina

42.6

2017

43.1

2016

42.6

2017

44.6

2010

%

yearly

2006 - 2017

Updated on 2017
Croatia

51.7

Jun 2017

50.6

Mar 2017

49.5

Mar 2013

54.1

Sep 2008

%

quarterly

Mar 2007 - Jun 2017

Updated on Sep 2017
Georgia

67.5

2016

67.8

2015

62.2

2006

67.8

2015

%

yearly

1998 - 2016

Updated on 2017
Kazakhstan

69.5

Jun 2017

69.4

Mar 2017

68.0

Mar 2002

72.8

Sep 2001

%

quarterly

Jun 2001 - Jun 2017

Updated on Aug 2017
Kyrgyzstan

62.4

2015

62.4

2014

62.4

2015

76.2

1996

%

yearly

1994 - 2015

Updated on 2016
Macedonia

56.9

Jun 2017

56.7

Mar 2017

50.3

Dec 2004

57.8

Dec 2010

%

quarterly

Mar 2004 - Jun 2017

Updated on Sep 2017
Moldova

44.1

Jun 2017

40.3

Mar 2017

37.0

Mar 2012

61.4

Jun 2000

%

quarterly

Mar 2000 - Jun 2017

Updated on Sep 2017
Mongolia

61.6

Jun 2017

59.5

Mar 2017

59.2

Jun 2008

64.8

Sep 2011

%

quarterly

Sep 2006 - Jun 2017

Updated on Aug 2017
Mauritius

60.2

Jun 2017

59.2

Mar 2017

56.9

Dec 2004

61.0

Dec 2015

%

quarterly

Mar 2004 - Jun 2017

Updated on Sep 2017
Montenegro

54.8

Jun 2017

53.9

Mar 2017

47.1

Mar 2011

55.9

Sep 2016

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Russia

69.6

Sep 2017

69.6

Aug 2017

66.8

Feb 2010

70.3

Aug 2016

%

monthly

Aug 2009 - Sep 2017

Updated on Oct 2017
Serbia

54.5

Jun 2017

51.8

Mar 2017

50.8

Mar 2015

54.5

Jun 2017

%

quarterly

Mar 2014 - Jun 2017

Updated on Aug 2017
Tajikistan

47.7

2015

47.8

2014

47.7

2015

78.5

1990

%

yearly

1990 - 2015

Updated on 2017
Turkey

53.7

Jul 2017

53.4

Jun 2017

42.4

Feb 2006

53.7

Jul 2017

%

monthly

Jan 2005 - Jul 2017

Updated on Oct 2017
Ukraine

61.9

Jun 2017

61.4

Mar 2017

61.2

Mar 2005

65.3

Sep 2013

%

quarterly

Mar 2005 - Jun 2017

Updated on Sep 2017
Morocco

47.7

Jun 2017

47.5

Mar 2017

46.0

Dec 2016

55.7

Mar 1999

%

quarterly

Mar 1999 - Jun 2017

Updated on Aug 2017
Nigeria

56.4

2016

56.3

2015

54.8

2004

57.0

1990

%

yearly

1990 - 2016

Updated on 2017
Oman

69.2

2016

69.1

2015

54.9

2001

69.2

2016

%

yearly

1990 - 2016

Updated on 2017
Qatar

89.1

2016

88.6

2015

79.7

2006

89.1

2016

%

yearly

2006 - 2016

Updated on 2017
Saudi Arabia

54.5

2016

54.8

2015

50.1

1999

54.8

2015

%

yearly

1990 - 2016

Updated on 2017
South Africa

59.9

Jun 2017

60.5

Mar 2017

55.0

Dec 2010

60.5

Mar 2017

%

quarterly

Mar 2008 - Jun 2017

Updated on Aug 2017
Sudan

48.2

2016

48.1

2015

47.9

2011

52.6

1990

%

yearly

1990 - 2016

Updated on 2017
Syria

41.7

2016

41.7

2015

41.7

2016

53.2

2001

%

yearly

1990 - 2016

Updated on 2017
Yemen

41.8

2010

42.2

2009

39.2

2004

44.5

2005

%

yearly

2004 - 2010

Updated on 2014
United Arab Emirates

79.5

2016

80.1

2015

72.8

1990

80.8

2011

%

yearly

1990 - 2016

Updated on 2017
Egypt

31.8

2016

32.0

2015

27.3

1989

33.4

2010

%

yearly

1989 - 2016

Updated on 2017
Kuwait

68.7

2016

69.2

2015

58.6

1990

69.2

2015

%

yearly

1990 - 2016

Updated on 2017
Ivory Coast

67.0

2016

67.0

2015

66.4

1998

67.2

1990

%

yearly

1990 - 2016

Updated on 2017
European Union

57.3

2016

57.4

2015

56.3

2002

57.5

1991

%

yearly

1990 - 2016

Updated on 2017
Kenya

67.2

2016

67.1

2015

64.8

2005

75.2

1990

%

yearly

1990 - 2016

Updated on 2017
Iran

38.9

Mar 2017

38.9

Dec 2016

35.4

Mar 2014

42.6

Sep 2005

%

quarterly

Jun 2001 - Mar 2017

Updated on Jun 2017
Lebanon

47.2

2016

47.0

2015

42.5

1990

47.2

2016

%

yearly

1990 - 2016

Updated on 2017
Kosovo

38.7

2016

37.6

2015

36.9

2012

52.8

2002

%

yearly

2002 - 2016

Updated on 2017

More Indicators for Nigeria

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

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 2017
Business Confidence: Net Balance

-17.6

Sep 2017

-7.4

Jun 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment

891.3

Jun 2017

853.9

Mar 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Imports Growth

18.7

Jul 2017

3.2

Jun 2017

-66.4

Feb 1986

114.0

Jan 2011

%

monthly

Jan 1982 - Jul 2017

Updated on Oct 2017
Money Supply M2

71,889.13

Sep 2017

71,604.81

Aug 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Sep 2017

Updated on Oct 2017
Forecast: Government Revenue

17,506.73

2022

14,722.87

2021

1,986.95

2000

17,506.73

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Natural Gas: Exports

25,146.50

2016

26,703.50

2015

740.00

1999

28,266.00

2012

Cub m mn

yearly

1999 - 2016

Updated on 2017
Real GDP Growth

0.5

Jun 2017

-0.9

Mar 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Labour Productivity Growth

1.88

Dec 2016

0.69

Sep 2016

-3.51

Jun 2013

9.90

Dec 2014

%

quarterly

Mar 2013 - Dec 2016

Updated on Jun 2017
Domestic Credit Growth

2.8

Sep 2017

1.8

Aug 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Sep 2017

Updated on Oct 2017
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Total Imports

2,821.5

Jul 2017

3,239.6

Jun 2017

230.8

Feb 1986

6,404.8

Apr 2011

USD mn

monthly

Jan 1981 - Jul 2017

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

20.24

Oct 2017

20.25

Sep 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Forecast: Nominal GDP Per Capita

2,929.74

2022

2,901.87

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017
Public Consumption: % of GDP

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 2017
Equity Market Index

36,680.3

Oct 2017

35,440.0

Sep 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Oct 2017

Updated on Oct 2017
Domestic Credit

88,364.3

Sep 2017

87,890.9

Aug 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Sep 2017

Updated on Oct 2017
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

27.6

2009

%

yearly

2003 - 2015

Updated on 2017
Visitor Arrivals

1,255,000

2015

600,000

2013

486,000

2012

1,555,000

2010

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

12.72

Oct 2017

12.72

Sep 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Oct 2017

Updated on Nov 2017
Forecast: Government Expenditure

26,862.74

2022

22,847.78

2021

1,706.56

2000

26,862.74

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Motor Vehicle Sales: Commercial Cars

3,800.00

Dec 2016

1,900.00

Jun 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Crude Oil: Production

1,738.00

Oct 2017

1,792.00

Sep 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Short Term Interest Rate

21.54

Oct 2017

21.21

Sep 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Oct 2017

Updated on Nov 2017
Gold Reserves

0.06

May 2017

0.06

Apr 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - May 2017

Updated on Oct 2017
Forecast: Government Net Debt

65,175.03

2022

54,961.19

2021

358.18

1990

65,175.03

2022

NGN bn

yearly

1990 - 2022

Updated on 2017
Motor Vehicle Sales: Passenger Cars

19,200.00

Dec 2016

6,900.00

Jun 2016

6,900.00

Jun 2016

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

14.0

Jun 2017

18.1

Mar 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Direct Investment Abroad

313.7

Jun 2017

328.7

Mar 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports

3,673.9

Jul 2017

4,041.9

Jun 2017

322.9

Oct 1986

11,710.1

Aug 2011

USD mn

monthly

Jan 1981 - Jul 2017

Updated on Oct 2017
Bank Lending Rate

17.88

Sep 2017

17.69

Aug 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Sep 2017

Updated on Nov 2017
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 2017
Trade Balance

492.5

Jun 2017

798.4

May 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
Forecast: GDP PPP Per Capita

6,242.81

2022

6,185.37

2021

2,026.44

1991

6,242.81

2022

PPP Intl $

yearly

1990 - 2022

Updated on 2017
Consumer Confidence Growth

2.7

Sep 2017

0.7

Jun 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Sep 2017

Updated on Oct 2017
Exchange Rate against USD

305.124

Oct 2017

305.387

Sep 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Oct 2017

Updated on Oct 2017
Foreign Exchange Reserves

33,786.2

Oct 2017

32,490.9

Sep 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Oct 2017

Updated on Nov 2017
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 2017
Consumer Price Index CPI Growth

15.9

Oct 2017

16.0

Sep 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Oct 2017

Updated on Nov 2017
External Debt

15,352.1

Sep 2017

15,047.0

Jun 2017

3,287.7

Mar 2007

15,352.1

Sep 2017

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Real Effective Exchange Rate

125.9

Sep 2017

124.5

Aug 2017

51.7

Mar 1992

718.3

Sep 1984

2005=100

monthly

Dec 1979 - Sep 2017

Updated on Oct 2017
Gross National Product

396,373.09

2016

470,329.01

2015

4,173.70

1960

548,655.75

2014

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2017
Current Account Balance: % of GDP

1.6

Jun 2017

3.2

Mar 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
M2 Growth

4.8

Apr/2017

7.6

Mar/2017

-2.2

Nov/2013

100.1

Mar/2008

%

monthly

Nov/1993 - Apr/2017

Updated on May/2017
Reserve Requirement Ratio

22.5

Sep 2017

22.5

Aug 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Sep 2017

Updated on Sep 2017
Private Consumption Expenditure

75,688.34

Sep 2016

91,067.41

Jun 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2017
Business Confidence Growth

-0.4

Jun 2017

-21.6

Mar 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Jun 2017

Updated on Aug 2017
Foreign Direct Investment: % of GDP

1.0

Jun 2017

1.0

Mar 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Policy Rate

14.00

Sep 2017

14.00

Aug 2017

6.00

Aug 2010

14.00

Sep 2017

% pa

monthly

Dec 2006 - Sep 2017

Updated on Sep 2017
Gross Fixed Capital Formation

12,518.55

Dec 2016

11,053.34

Sep 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on Oct 2017
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 2017
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

-1.1

Mar 2017

-8.7

Dec 2016

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on Jul 2017
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

52,576,233.00

Dec 2016

53,554,109.00

Sep 2016

50,198,600.00

Jun 2012

57,270,900.00

Dec 2013

Person

quarterly

Mar 2012 - Dec 2016

Updated on Jun 2017
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

Updated on 2017
Forecast: Consumer Price Index Growth

14.50

2022

14.73

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017
Imports: Telecommunication Equipment

1,472,076.43

2016

1,678,702.84

2015

122,369.76

2000

2,587,404.96

2008

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Television

233,037.11

2016

291,353.60

2015

18,501.00

2004

515,894.12

2014

USD th

yearly

1995 - 2016

Updated on 2017
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Medicament

206,780.69

2016

253,802.12

2015

26,577.00

2004

364,249.10

2014

USD th

yearly

1995 - 2016

Updated on 2017
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2017
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2017
Total Deposits

115,177.95

2014

108,027.98

2013

8,990.28

2001

115,177.95

2014

USD mn

yearly

2001 - 2014

Updated on 2017
Imports: ICT Goods

1,821,759.16

2014

1,599,075.80

2013

142,895.81

2000

2,928,318.22

2010

USD th

yearly

2000 - 2014

Updated on 2016
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
Natural Gas Production: OPEC: Marketed Production

42,562.40

2016

45,148.10

2015

4,844.00

1995

45,148.10

2015

Cub m mn

yearly

1995 - 2016

Updated on 2017
Imports: Medicinal and Pharmaceutical Product

62,172.38

2016

72,309.87

2015

2,093.71

1996

102,212.69

2014

USD th

yearly

1995 - 2016

Updated on 2017
Minerals Production

147,959,459.00

2015

145,160,994.00

2014

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2015

Updated on 2017
National Government Debt

54,466.3

Jun 2017

53,040.0

Mar 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Jun 2017

Updated on Sep 2017
Nominal GDP

88,401.1

Jun 2017

85,300.0

Mar 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Current Account Balance

1,414.2

Jun 2017

2,733.2

Mar 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Electricity Production

7,560

Mar 2017

6,913

Dec 2016

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Mar 2017

Updated on Jul 2017
Liquid Assets Ratio

21.4

May 2017

23.3

Mar 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - May 2017

Updated on Jul 2017
Motor Vehicles Sales

23,000

2016

20,000

2015

12,000

2008

53,900

2014

Unit

yearly

2005 - 2016

Updated on 2017
Foreign Exchange Reserves: Months of Import

11.0

Jul 2017

9.4

Jun 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Jul 2017

Updated on Oct 2017
Foreign Portfolio Investment

1,484.30

Jun 2017

1,438.47

Mar 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports Growth

3.3

Jul 2017

15.5

Jun 2017

-74.9

Oct 1986

207.2

Feb 2000

%

monthly

Jan 1982 - Jul 2017

Updated on Oct 2017
Tourism Revenue Growth

-21.8

2015

-2.4

2014

-77.3

2003

184.6

2008

%

yearly

1996 - 2015

Updated on 2017
Nominal GDP Growth

14.60

Jun 2017

17.06

Mar 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Public Consumption Expenditure

4,352.97

Sep 2016

5,984.48

Jun 2016

4,352.97

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Money Supply M1

32,411.11

Aug 2017

33,798.20

Jul 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Aug 2017

Updated on Sep 2017
Foreign Exchange Reserves: % of GDP

8.50

Jun 2017

7.86

Mar 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Jun 2017

Updated on Sep 2017
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

Updated on 2017
Exports: ICT Goods

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2016