Nigeria Labour Force Participation Rate

1990 - 2024 | Yearly | % | CEIC Data

Key information about Nigeria Labour Force Participation Rate

  • Nigeria Labour Force Participation Rate dropped to 82.6 % in Dec 2024, compared with 82.6 % in the previous year.
  • Nigeria Labour Force Participation Rate is updated yearly, available from Dec 1990 to Dec 2024, with an average rate of 82.1 % .
  • The data reached the an all-time high of 83.7 % in Dec 1995 and a record low of 81.0 % in Dec 2015.
  • Nigeria Labour Force Participation Rate is reported by reported by CEIC Data.
  • In the latest reports, Nigeria Population reached 216.8 million people in Dec 2022.
  • Unemployment Rate of Nigeria dropped to 4.3 % in Jun 2024.

View Nigeria's Labour Force Participation Rate from 1990 to 2024 in the chart:

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Nigeria Labour Force Participation Rate
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Nigeria Labour Force Participation Rate

What was Nigeria's Labour Force Participation Rate in 2024?

Nigeria Labour Force Participation Rate dropped to 82.6 % in Dec 2024, compared with 82.6 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
82.6 2024 82.6 2023 81.0 2015 83.7 1995 % yearly 1990 - 2024

Labour Force Participation Rate by Country Comparison

country/region Last Frequency Range
Albania (%) 63.8 Jun 2025 quarterly Mar 2012 - Jun 2025
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 62.2 2024 yearly 1990 - 2024
Armenia (%) 58.3 Jun 2025 quarterly Mar 2008 - Jun 2025
Australia (%) 66.8 Oct 2025 monthly Feb 1978 - Oct 2025
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 62.9 2024 yearly 1990 - 2024
Bahrain (%) 70.7 2024 yearly 1990 - 2024
Bangladesh (%) 61.9 2024 yearly 1990 - 2024
Belarus (%) 86.7 2024 yearly 1995 - 2024
Belgium (%) 71.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Bolivia (%) 79.4 Sep 2025 quarterly Dec 2015 - Sep 2025
Bosnia and Herzegovina (%) 49.1 2024 yearly 2006 - 2024
Botswana (%) 68.6 2024 yearly 1990 - 2024
Brazil (%) 62.1 Oct 2025 monthly Mar 2012 - Oct 2025
Brunei (%) 63.7 2024 yearly 1990 - 2024
Bulgaria (%) 55.5 Sep 2025 quarterly Jun 2000 - Sep 2025
Cambodia (%) 84.2 2023 yearly 2020 - 2023
Canada (%) 64.8 Nov 2025 monthly Jan 1976 - Nov 2025
Chile (%) 61.9 Oct 2025 monthly Mar 2009 - Oct 2025
China (%) 65.4 2024 yearly 1990 - 2024
Colombia (%) 65.0 Oct 2025 monthly Jan 2001 - Oct 2025
Croatia (%) 54.1 Jun 2025 quarterly Mar 2007 - Jun 2025
Cyprus (%) 65.6 Sep 2025 quarterly Jun 1999 - Sep 2025
Czech Republic (%) 60.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Denmark (%) 74.0 Oct 2025 monthly Jan 2007 - Oct 2025
Ecuador (%) 65.3 Sep 2025 quarterly Dec 2013 - Sep 2025
Egypt (%) 44.2 2024 yearly 2009 - 2024
Estonia (%) 67.2 Sep 2025 quarterly Mar 2000 - Sep 2025
European Union (%) 75.6 2022 yearly 1990 - 2022
Finland (%) 69.2 Oct 2025 monthly May 2004 - Oct 2025
France (%) 75.2 Sep 2025 quarterly Mar 2003 - Sep 2025
Georgia (%) 54.8 2024 yearly 1998 - 2024
Germany (%) 57.0 Sep 2025 quarterly Mar 2007 - Sep 2025
Ghana (%) 63.0 2024 yearly 1990 - 2024
Greece (%) 62.0 Oct 2025 monthly Jan 2004 - Oct 2025
Hong Kong SAR, China (%) 57.0 Oct 2025 monthly Dec 1981 - Oct 2025
Hungary (%) 68.5 Sep 2025 quarterly Mar 2009 - Sep 2025
Iceland (%) 79.8 Dec 2024 monthly Jan 2003 - Dec 2024
India (%) 45.1 2024 yearly 1990 - 2024
Indonesia (%) 70.6 Aug 2025 semiannually Feb 2005 - Aug 2025
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 66.5 Sep 2025 quarterly Mar 1998 - Sep 2025
Israel (%) 62.4 Oct 2025 monthly Jan 2012 - Oct 2025
Italy (%) 66.5 Oct 2025 monthly Jan 2004 - Oct 2025
Ivory Coast (%) 66.7 2024 yearly 1990 - 2024
Japan (%) 64.2 Oct 2025 monthly Jan 1968 - Oct 2025
Jordan (%) 38.5 2024 yearly 1990 - 2024
Kazakhstan (%) 67.9 Sep 2025 quarterly Jun 2001 - Sep 2025
Kenya (%) 66.7 2024 yearly 1990 - 2024
South Korea (%) 64.8 Oct 2025 monthly Jun 1999 - Oct 2025
Kosovo (%) 43.6 Dec 2024 quarterly Mar 2016 - Dec 2024
Kuwait (%) 73.8 2024 yearly 1990 - 2024
Kyrgyzstan (%) 59.3 2024 yearly 1994 - 2024
Laos (%) 66.1 2024 yearly 1990 - 2024
Latvia (%) 70.0 Sep 2025 quarterly Mar 2002 - Sep 2025
Lebanon (%) 45.8 2023 yearly 1990 - 2023
Lithuania (%) 63.8 Sep 2025 quarterly Jun 1998 - Sep 2025
Luxembourg (%) 54.7 2024 yearly 2000 - 2024
Macau SAR, China (%) 67.0 Oct 2025 monthly Sep 1996 - Oct 2025
North Macedonia (%) 52.2 Jun 2025 quarterly Sep 2021 - Jun 2025
Malawi (%) 67.0 2024 yearly 1990 - 2024
Malaysia (%) 70.9 Sep 2025 monthly Jan 2010 - Sep 2025
Malta (%) 82.3 Jun 2025 quarterly Mar 2018 - Jun 2025
Mauritius (%) 58.8 Jun 2025 quarterly Mar 2004 - Jun 2025
Mexico (%) 59.9 Oct 2025 monthly Jan 2005 - Oct 2025
Moldova (%) 44.9 Sep 2025 quarterly Mar 2015 - Sep 2025
Mongolia (%) 62.7 Sep 2025 quarterly Sep 2006 - Sep 2025
Montenegro (%) 61.0 Jun 2025 quarterly Mar 2008 - Jun 2025
Morocco (%) 43.3 Sep 2025 quarterly Mar 1999 - Sep 2025
Mozambique (%) 78.9 2024 yearly 1990 - 2024
Myanmar (%) 60.7 2023 yearly 1991 - 2023
Nepal (%) 39.7 2024 yearly 1990 - 2024
Netherlands (%) 73.5 Oct 2025 monthly Jan 2003 - Oct 2025
New Zealand (%) 70.0 Sep 2025 quarterly Mar 1986 - Sep 2025
Nigeria (%) 82.6 2024 yearly 1990 - 2024
Norway (%) 65.0 2024 yearly 1989 - 2024
Oman (%) 67.8 2024 yearly 1990 - 2024
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 45.4 Jun 2025 quarterly Jun 2002 - Jun 2025
Panama (%) 63.3 2024 yearly 2003 - 2024
Paraguay (%) 70.9 Jun 2025 quarterly Mar 2017 - Jun 2025
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 60.7 Jul 2025 quarterly Jul 2003 - Jul 2025
Poland (%) 59.0 Sep 2025 quarterly Mar 2010 - Sep 2025
Portugal (%) 61.4 Sep 2025 quarterly Mar 2011 - Sep 2025
Qatar (%) 87.7 2023 yearly 2006 - 2023
Romania (%) 51.6 Jun 2025 quarterly Mar 1996 - Jun 2025
Russia (%) 69.3 Sep 2025 monthly Aug 2009 - Sep 2025
Saudi Arabia (%) 67.1 Jun 2025 quarterly Jun 2016 - Jun 2025
Serbia (%) 55.9 Sep 2025 quarterly Mar 2014 - Sep 2025
Slovakia (%) 61.3 Jun 2025 quarterly Mar 2021 - Jun 2025
Slovenia (%) 59.1 Sep 2025 quarterly Mar 2008 - Sep 2025
South Africa (%) 59.7 Sep 2025 quarterly Mar 2008 - Sep 2025
Spain (%) 59.3 Sep 2025 quarterly Mar 2002 - Sep 2025
Sri Lanka (%) 49.3 Jun 2025 quarterly Mar 2004 - Jun 2025
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 74.9 Oct 2025 monthly Apr 2005 - Oct 2025
Switzerland (%) 67.3 Sep 2025 quarterly Mar 2010 - Sep 2025
Syria (%) 37.9 2024 yearly 1990 - 2024

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Nigeria Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports (USD mn) 4,858.0 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports Growth (%) 22.6 Jun 2025 monthly Jan 2004 - Jun 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 2.5 Jun 2025 monthly Jan 2004 - Jun 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 264.685 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports from USA (USD mn) 503.329 Jun 2025 monthly Dec 2009 - Jun 2025
Total Exports to China (USD mn) 174.147 Jun 2025 monthly Jan 2007 - Jun 2025
Total Imports from China (USD mn) 1,013.525 Jun 2025 monthly Jan 2007 - Jun 2025
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -551.1 Mar 2025 quarterly Mar 2008 - Mar 2025
Current Account Balance (USD mn) 3,726.7 Mar 2025 quarterly Mar 2014 - Mar 2025
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 246.9 Mar 2025 quarterly Mar 2014 - Mar 2025
Foreign Direct Investment: % of GDP (%) 0.4 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment (USD mn) -5,026.384 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: % of GDP (%) -8.1 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -133.9 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -4,892.510 Mar 2025 quarterly Mar 2008 - Mar 2025
External Debt (USD mn) 46,983.4 Jun 2025 quarterly Dec 2006 - Jun 2025
External Debt: % of GDP (%) 18.6 2024 yearly 1985 - 2024
External Debt: Short Term (USD mn) 1,005.6 2020 yearly 2008 - 2020
External Debt: Short Term: % of GDP (%) 0.2 2020 yearly 2008 - 2020
Forecast: Current Account Balance (USD bn) 2.643 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,555.096 2024 yearly 2005 - 2024
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
External Debt: Government (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 27,684.996 Oct 2025 monthly Apr 1990 - Oct 2025
Money Supply M2 (USD mn) 83,749.939 Oct 2025 monthly Apr 1990 - Oct 2025
M2 Growth (%) 10.2 Oct 2025 monthly Apr 1991 - Oct 2025
Reserve Requirement Ratio (%) 45.0 Oct 2025 monthly Nov 2005 - Oct 2025
Foreign Exchange Reserves (USD mn) 38,880.0 Jan 2025 monthly Jan 1960 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 16.359 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 10.9 Jan 2025 monthly Jan 2003 - Jan 2025
Gold Reserves (USD mn) 2,152.409 Mar 2025 monthly Dec 1950 - Mar 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 69,798.2 Oct 2025 monthly Apr 1990 - Oct 2025
Domestic Credit Growth (%) -12.6 Oct 2025 monthly Apr 1991 - Oct 2025
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn) 32,659,076.490 Jan 2025 monthly Jan 1993 - Jan 2025
Monetary Survey: Liabilities: M2 (NGN mn) 110,972,270.500 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2: M1 (NGN mn) 36,894,418.660 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 74,077,851.830 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.6 Nov 2025 monthly Jul 2015 - Nov 2025

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