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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 186.0 million people in Dec 2016.

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

Last Previous Min Max Unit Frequency Range

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 18 Dec 2017

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

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

18 Dec 2017

Statistics
Mean

55.283168520357144

Variance

0.2515298997266005

Standard deviation

0.5015275662678977

Skewness

1.2229492970532834

Kurtosis

0.4123570286401028

Coefficient variation

0.00907197578740839

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 for Labour Force Participation Rate

Country Last Previous Min Max Unit Frequency Range
United States

62.9

Feb 2018

62.3

Jan 2018

57.2

Jan 1948

68.1

Jul 1997

%

monthly

Jan 1948 - Feb 2018

Updated on 2018-03-09
Canada

64.6

Feb 2018

64.6

Jan 2018

59.9

Jan 1976

69.3

Jul 1989

%

monthly

Jan 1976 - Feb 2018

Updated on 2018-03-09
France

72.0

Dec 2017

71.9

Sep 2017

69.5

Jun 2006

72.0

Dec 2017

%

quarterly

Mar 2003 - Dec 2017

Updated on 2018-02-15
Germany

61.7

Dec 2017

61.5

Sep 2017

58.2

Mar 2005

61.7

Dec 2017

%

quarterly

Mar 2005 - Dec 2017

Updated on 2018-03-26
Italy

65.7

Dec 2017

65.4

Sep 2017

57.2

Jun 1978

65.7

Dec 2017

%

quarterly

Mar 1977 - Dec 2017

Updated on 2018-03-20
Japan

60.8

Feb 2018

60.5

Jan 2018

58.5

Dec 2012

66.1

Oct 1973

%

monthly

Jul 1972 - Feb 2018

Updated on 2018-03-29
United Kingdom

63.7

Dec 2017

63.6

Nov 2017

61.4

May 1983

64.5

Sep 1990

%

monthly

Feb 1971 - Dec 2017

Updated on 2018-03-21
Austria

76.8

Dec 2017

77.1

Sep 2017

70.2

Mar 2004

77.4

Sep 2016

%

quarterly

Mar 2004 - Dec 2017

Updated on 2018-03-21
Belgium

68.6

Dec 2017

68.4

Sep 2017

63.6

Jun 2001

68.6

Dec 2017

%

quarterly

Mar 1999 - Dec 2017

Updated on 2018-03-29
Bulgaria

55.5

Dec 2017

56.5

Sep 2017

47.5

Dec 2000

56.5

Sep 2017

%

quarterly

Jun 2000 - Dec 2017

Updated on 2018-03-26
Cyprus

61.5

Dec 2017

61.9

Sep 2017

60.3

Mar 2016

64.7

Dec 2007

%

quarterly

Jun 2004 - Dec 2017

Updated on 2018-03-09
Czech Republic

60.4

Dec 2017

60.6

Sep 2017

58.1

Mar 2012

60.6

Sep 2017

%

quarterly

Dec 2001 - Dec 2017

Updated on 2018-03-29
Denmark

75.5

2016

74.9

2015

74.7

2014

79.0

2007

%

yearly

2006 - 2016

Updated on 2018-03-01
Estonia

63.9

Dec 2017

63.8

Sep 2017

56.9

Jun 2002

63.9

Dec 2017

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-02-14
Finland

65.5

Feb 2018

65.5

Jan 2018

63.5

Dec 2012

71.5

Jun 2008

%

monthly

May 2004 - Feb 2018

Updated on 2018-03-20
Greece

59.2

Dec 2017

58.8

Nov 2017

57.4

Mar 2004

60.4

Oct 2010

%

monthly

Jan 2004 - Dec 2017

Updated on 2018-03-21
Hungary

62.1

Dec 2017

62.3

Sep 2017

51.0

Jun 1998

62.3

Sep 2017

%

quarterly

Mar 1998 - Dec 2017

Updated on 2018-02-20
Iceland

80.1

Feb 2018

81.7

Jan 2018

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - Feb 2018

Updated on 2018-03-22
Latvia

69.3

Dec 2017

69.5

Sep 2017

59.9

Mar 2002

69.5

Sep 2017

%

quarterly

Mar 2002 - Dec 2017

Updated on 2018-02-22
Lithuania

60.6

Dec 2017

60.6

Sep 2017

54.7

Dec 2006

61.1

Jun 1999

%

quarterly

Jun 1998 - Dec 2017

Updated on 2018-02-15
Argentina

59.8

2017

60.0

2016

59.4

1990

62.4

2004

%

yearly

1990 - 2017

Updated on 2017-12-18
Luxembourg

54.6

2016

54.9

2015

53.7

2000

55.6

2013

%

yearly

2000 - 2016

Updated on 2018-03-20
Malta

72.0

Dec 2017

71.1

Sep 2017

57.2

Dec 2006

72.0

Dec 2017

%

quarterly

Dec 2000 - Dec 2017

Updated on 2018-03-26
Bolivia

65.6

2016

61.0

2015

61.0

2015

67.8

2001

%

yearly

1999 - 2016

Updated on 2017-10-17
Netherlands

68.2

Feb 2018

68.1

Jan 2018

62.1

Jan 2005

68.8

Jul 2017

%

monthly

Jan 2003 - Feb 2018

Updated on 2018-03-15
Norway

64.2

2017

64.4

2016

61.6

1993

67.4

2008

%

yearly

1990 - 2017

Updated on 2017-12-19
Brazil

61.6

Feb 2018

61.7

Jan 2018

60.9

Feb 2015

61.9

Nov 2017

%

monthly

Mar 2012 - Feb 2018

Updated on 2018-03-29
Poland

56.2

Dec 2017

56.7

Sep 2017

53.2

Mar 2007

57.9

Mar 1999

%

quarterly

Dec 1998 - Dec 2017

Updated on 2018-02-23
Chile

60.1

Feb 2018

60.3

Jan 2018

56.1

Jul 2009

60.4

Feb 2014

%

monthly

Mar 2009 - Feb 2018

Updated on 2018-03-29
Portugal

59.0

Dec 2017

59.3

Sep 2017

58.1

Mar 2016

61.6

Jun 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-02-07
Colombia

64.9

Dec 2017

64.1

Sep 2017

57.5

Dec 2006

65.9

Dec 2015

%

quarterly

Mar 2001 - Dec 2017

Updated on 2018-02-13
Romania

56.1

Sep 2017

56.6

Jun 2017

52.7

Mar 2016

67.8

Sep 1996

%

quarterly

Mar 1996 - Sep 2017

Updated on 2018-02-09
Slovakia

59.9

Dec 2017

60.1

Sep 2017

58.5

Mar 2011

60.9

Sep 2001

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-03-16
Slovenia

58.8

Dec 2017

59.2

Sep 2017

55.8

Mar 2016

60.7

Sep 2008

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-19
Ecuador

68.3

2017

68.5

2016

63.5

1990

70.3

2006

%

yearly

1990 - 2017

Updated on 2018-03-19
Mexico

59.2

Feb 2018

59.0

Jan 2018

58.2

Dec 2010

61.5

Jun 2012

%

monthly

Jan 2005 - Feb 2018

Updated on 2018-03-27
Spain

58.8

Dec 2017

58.9

Sep 2017

48.9

Jun 1985

60.5

Sep 2012

%

quarterly

Sep 1976 - Dec 2017

Updated on 2018-01-25
Panama

64.4

2016

64.2

2015

61.9

2011

64.4

2016

%

yearly

2003 - 2016

Updated on 2016-12-07
Sweden

72.2

Feb 2018

71.8

Jan 2018

69.3

Jan 2012

74.8

Jun 2017

%

monthly

Apr 2005 - Feb 2018

Updated on 2018-03-20
Paraguay

62.6

2016

62.1

2015

57.3

1999

64.4

2012

%

yearly

1998 - 2016

Updated on 2017-08-18
Switzerland

68.6

Dec 2017

68.6

Sep 2017

66.8

Mar 2010

68.8

Dec 2016

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-02-15
Peru

72.2

2016

71.6

2015

69.2

2001

74.1

2010

%

yearly

2001 - 2016

Updated on 2018-03-19
Uruguay

62.6

Jan 2018

62.5

Dec 2017

59.6

Jun 2006

65.7

Feb 2014

%

monthly

Jan 2006 - Jan 2018

Updated on 2018-03-09
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
Algeria

41.8

2017

41.8

2016

39.8

2003

43.2

2013

%

yearly

2003 - 2017

Updated on 2017-12-21
Australia

66.2

Feb 2018

65.1

Jan 2018

59.6

Jan 1984

66.3

Dec 2017

%

monthly

Feb 1978 - Feb 2018

Updated on 2018-03-22
Bangladesh

56.5

2017

56.4

2016

56.4

2016

57.6

2004

%

yearly

1990 - 2017

Updated on 2017-12-18
Brunei

67.1

2017

67.2

2016

65.0

1990

68.0

2000

%

yearly

1990 - 2017

Updated on 2017-12-18
Cambodia

82.7

2015

82.6

2014

81.8

2008

87.5

2011

%

yearly

2007 - 2015

Updated on 2017-05-26
Bahrain

72.2

2017

71.9

2016

64.5

1991

72.2

2010

%

yearly

1990 - 2017

Updated on 2017-12-19
China

68.9

2017

69.4

2016

68.9

2017

79.1

1990

%

yearly

1990 - 2017

Updated on 2017-12-18
Botswana

71.9

2017

71.6

2016

59.0

2000

71.9

2017

%

yearly

1990 - 2017

Updated on 2017-12-19
Hong Kong

61.3

Feb 2018

61.2

Jan 2018

59.5

Nov 2010

66.2

Sep 1984

%

monthly

Dec 1981 - Feb 2018

Updated on 2018-03-19
India

53.8

2017

53.9

2016

53.8

2017

60.8

1994

%

yearly

1990 - 2017

Updated on 2017-12-18
Israel

64.0

Feb 2018

63.6

Jan 2018

62.6

Jan 2012

65.0

Jul 2016

%

monthly

Jan 2012 - Feb 2018

Updated on 2018-03-29
Indonesia

66.7

Aug 2017

69.0

Feb 2017

65.8

Aug 2015

70.0

Feb 2011

%

semiannually

Feb 2005 - Aug 2017

Updated on 2017-12-04
Jordan

39.1

2017

39.2

2016

39.1

2017

42.6

1996

%

yearly

1990 - 2017

Updated on 2017-12-19
South Korea

62.0

Feb 2018

61.8

Jan 2018

59.2

Jan 2011

63.9

Jun 2017

%

monthly

Jun 1999 - Feb 2018

Updated on 2018-03-13
Malawi

77.0

2017

76.8

2016

76.8

2016

77.5

2013

%

yearly

1990 - 2017

Updated on 2017-12-19
Malaysia

68.2

Jan 2018

68.1

Dec 2017

67.6

Dec 2016

68.2

Jan 2018

%

monthly

Jan 2015 - Jan 2018

Updated on 2018-03-15
Laos

78.3

2017

78.1

2016

78.1

2010

81.2

1991

%

yearly

1990 - 2017

Updated on 2017-12-19
Macau

70.2

Feb 2018

69.8

Jan 2018

60.8

Sep 2003

74.4

Dec 2014

%

monthly

Sep 1996 - Feb 2018

Updated on 2018-03-27
Myanmar

65.1

2017

65.3

2016

65.1

2017

73.3

1991

%

yearly

1990 - 2017

Updated on 2018-03-30
Nepal

84.2

2017

84.3

2016

83.0

2008

86.2

1995

%

yearly

1990 - 2017

Updated on 2017-12-18
New Zealand

71.3

Dec 2017

70.6

Sep 2017

62.6

Sep 1992

71.3

Dec 2017

%

quarterly

Mar 1986 - Dec 2017

Updated on 2018-02-06
Pakistan

54.4

2017

54.4

2016

49.2

1995

54.4

2017

%

yearly

1990 - 2017

Updated on 2017-12-18
Philippines

62.2

Jan 2018

62.1

Oct 2017

60.6

Jul 2017

69.0

Apr 2004

%

quarterly

Jul 2003 - Jan 2018

Updated on 2018-03-07
Singapore

67.7

2017

68.0

2016

63.1

1998

68.3

2015

%

yearly

1991 - 2017

Updated on 2018-01-26
Sri Lanka

54.1

Dec 2017

53.6

Sep 2017

51.5

Jun 2012

54.7

Mar 2017

%

quarterly

Jun 2012 - Dec 2017

Updated on 2018-03-29
Taiwan

58.9

Feb 2018

58.9

Jan 2018

56.3

Apr 1982

61.8

Aug 1987

%

monthly

Jan 1978 - Feb 2018

Updated on 2018-03-22
Thailand

68.4

Feb 2018

67.3

Jan 2018

66.4

Oct 2017

73.1

Jun 2013

%

monthly

Jan 2013 - Feb 2018

Updated on 2018-03-07
Vietnam

76.9

Dec 2017

76.7

Sep 2017

76.2

Jun 2015

78.8

Dec 2015

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-20
Albania

59.1

Dec 2017

58.7

Sep 2017

50.8

Mar 2014

59.1

Dec 2017

%

quarterly

Mar 2012 - Dec 2017

Updated on 2018-03-12
Armenia

60.9

Dec 2017

63.4

Sep 2017

56.7

Jun 2009

65.9

Sep 2011

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-30
Azerbaijan

66.1

2017

66.2

2016

60.8

1990

66.2

2016

%

yearly

1990 - 2017

Updated on 2017-12-18
Belarus

82.8

2016

83.3

2015

76.1

2004

83.3

2015

%

yearly

1995 - 2016

Updated on 2017-09-26
Bosnia and Herzegovina

42.6

2017

43.1

2016

42.6

2017

44.6

2010

%

yearly

2006 - 2017

Updated on 2017-07-11
Croatia

52.2

Sep 2017

51.7

Jun 2017

49.5

Mar 2013

54.1

Sep 2008

%

quarterly

Mar 2007 - Sep 2017

Updated on 2018-01-15
Georgia

67.5

2016

67.8

2015

62.2

2006

67.8

2015

%

yearly

1998 - 2016

Updated on 2017-05-25
Kazakhstan

69.8

Dec 2017

69.8

Sep 2017

68.0

Mar 2002

72.8

Sep 2001

%

quarterly

Jun 2001 - Dec 2017

Updated on 2018-02-12
Kyrgyzstan

61.5

2016

62.4

2015

61.5

2016

76.2

1996

%

yearly

1994 - 2016

Updated on 2017-12-27
Macedonia

56.8

Dec 2017

56.8

Sep 2017

50.3

Dec 2004

57.8

Dec 2010

%

quarterly

Mar 2004 - Dec 2017

Updated on 2018-03-09
Moldova

40.6

Dec 2017

43.9

Sep 2017

37.0

Mar 2012

61.4

Jun 2000

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-03-06
Mongolia

62.4

Dec 2017

61.1

Sep 2017

59.2

Jun 2008

64.8

Sep 2011

%

quarterly

Sep 2006 - Dec 2017

Updated on 2018-02-14
Mauritius

59.5

Dec 2017

59.2

Sep 2017

56.9

Dec 2004

61.0

Dec 2015

%

quarterly

Mar 2004 - Dec 2017

Updated on 2018-03-29
Montenegro

53.5

Dec 2017

56.4

Sep 2017

47.1

Mar 2011

56.4

Sep 2017

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-19
Russia

69.3

Dec 2017

69.2

Nov 2017

66.8

Feb 2010

70.3

Aug 2016

%

monthly

Aug 2009 - Dec 2017

Updated on 2018-03-26
Serbia

54.2

Dec 2017

55.3

Sep 2017

50.8

Mar 2015

55.3

Sep 2017

%

quarterly

Mar 2014 - Dec 2017

Updated on 2018-03-05
Tajikistan

46.7

2016

47.7

2015

46.7

2016

78.5

1990

%

yearly

1990 - 2016

Updated on 2018-03-12
Turkey

52.4

Dec 2017

52.8

Nov 2017

42.4

Feb 2006

53.7

Aug 2017

%

monthly

Jan 2005 - Dec 2017

Updated on 2018-03-15
Ukraine

61.5

Dec 2017

62.2

Sep 2017

61.2

Mar 2005

65.3

Sep 2013

%

quarterly

Mar 2005 - Dec 2017

Updated on 2018-03-26
Morocco

45.5

Sep 2017

47.3

Jun 2017

45.5

Sep 2017

55.7

Mar 1999

%

quarterly

Mar 1999 - Sep 2017

Updated on 2017-11-06
Nigeria

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 18 Dec 2017
Oman

70.2

2017

69.8

2016

54.9

2001

70.2

2017

%

yearly

1990 - 2017

Updated on 2017-12-19
Qatar

89.1

2016

88.6

2015

79.7

2006

89.1

2016

%

yearly

2006 - 2016

Updated on 2017-07-18
Saudi Arabia

56.1

2017

55.9

2016

48.8

1999

56.1

2017

%

yearly

1990 - 2017

Updated on 2017-12-19
South Africa

58.8

Dec 2017

59.9

Sep 2017

55.0

Dec 2010

60.5

Mar 2017

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-02-13
Sudan

46.5

2017

46.6

2016

46.5

2017

51.7

1996

%

yearly

1990 - 2017

Updated on 2017-12-18
Syria

41.1

2017

41.5

2016

41.1

2017

54.2

1990

%

yearly

1990 - 2017

Updated on 2017-12-19
Tunisia

46.6

2014

47.8

2012

45.2

2000

47.8

2012

%

yearly

1999 - 2014

Updated on 2017-10-19
Yemen

41.8

2010

42.2

2009

39.2

2004

44.5

2005

%

yearly

2004 - 2010

Updated on 2014-06-17
United Arab Emirates

79.7

2017

80.4

2016

73.1

1990

82.2

2010

%

yearly

1990 - 2017

Updated on 2017-12-19
Egypt

31.8

2016

32.0

2015

27.3

1989

33.4

2010

%

yearly

1989 - 2016

Updated on 2017-06-12
Kuwait

69.0

2017

69.6

2016

64.3

1990

70.6

2014

%

yearly

1990 - 2017

Updated on 2017-12-19
Ivory Coast

57.3

2017

57.4

2016

57.3

2017

67.8

1990

%

yearly

1990 - 2017

Updated on 2017-12-19
European Union

57.3

2017

57.5

2016

56.2

1997

57.7

1991

%

yearly

1990 - 2017

Updated on 2018-03-20
Kenya

65.4

2017

65.4

2016

64.8

2005

73.8

1990

%

yearly

1990 - 2017

Updated on 2017-12-19
Iran

40.1

Dec 2017

41.0

Sep 2017

35.4

Mar 2014

42.6

Sep 2005

%

quarterly

Jun 2001 - Dec 2017

Updated on 2018-02-25
Lebanon

47.2

2017

47.1

2016

43.6

1996

47.2

2017

%

yearly

1990 - 2017

Updated on 2017-12-19
Kosovo

38.7

2016

37.6

2015

36.9

2012

52.8

2002

%

yearly

2002 - 2016

Updated on 2017-05-15

More Indicators for Nigeria

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

16.2

2017

14.3

2016

7.3

2008

79.4

1992

%

yearly

1981 - 2017

Updated on 2018-03-19
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
Foreign Direct Investment

959.5

Dec 2017

798.4

Sep 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Imports Growth

19.3

Dec 2017

19.6

Nov 2017

-66.4

Feb 1986

114.1

Apr 2011

%

monthly

Jan 1982 - Dec 2017

Updated on 2018-03-24
Money Supply M2

78,649.26

Feb 2018

78,066.46

Jan 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
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 2017-10-10
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2017-09-18
Natural Gas: Exports

25,146.50

2016

26,703.50

2015

740.00

1999

28,266.00

2012

Cub m mn

yearly

1999 - 2016

Updated on 2017-06-13
Real GDP Growth

1.9

Dec 2017

1.4

Sep 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Labour Productivity Growth

1.96

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-04-04
Domestic Credit Growth

-1.1

Feb 2018

-2.5

Jan 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Feb 2018

Updated on 2018-03-19
Market Capitalization: % of GDP

12.0

2017

9.1

2016

2.9

1985

30.9

2007

%

yearly

1985 - 2017

Updated on 2018-03-19
Total Imports

3,285.0

Dec 2017

2,937.6

Nov 2017

230.8

Feb 1986

6,400.0

Apr 2011

USD mn

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-24
CPI: Food and Non Alcoholic Beverage Change

17.56

Feb 2018

18.88

Jan 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Feb 2018

Updated on 2018-03-19
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 2017-10-10
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017-06-13
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Public Consumption: % of GDP

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 2018-03-19
Equity Market Index

41,504.5

Mar 2018

43,330.5

Feb 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Mar 2018

Updated on 2018-03-30
Domestic Credit

88,114.1

Feb 2018

84,665.3

Jan 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017-11-23
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-03-19
Core CPI Change

12.34

Feb 2018

12.68

Jan 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Feb 2018

Updated on 2018-03-19
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 2017-10-10
Motor Vehicle Sales: Commercial Cars

2,948.00

Dec 2017

3,800.00

Dec 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Crude Oil: Production

1,806.00

Feb 2018

1,781.00

Jan 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Feb 2018

Updated on 2018-03-14
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017-08-27
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017-03-30
Short Term Interest Rate

16.01

Mar 2018

15.98

Feb 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Mar 2018

Updated on 2018-04-03
Gold Reserves

0.06

Jan 2018

0.06

Dec 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Jan 2018

Updated on 2018-03-26
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 2017-10-10
Motor Vehicle Sales: Passenger Cars

4,051.20

Dec 2017

19,200.00

Dec 2016

4,051.20

Dec 2017

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
GDP Deflator Growth

5.0

Dec 2017

9.5

Sep 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Direct Investment Abroad

321.5

Dec 2017

322.2

Sep 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Exports

4,175.5

Dec 2017

4,677.8

Nov 2017

322.9

Oct 1986

11,696.1

Aug 2011

USD mn

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-24
Bank Lending Rate

17.53

Feb 2018

17.50

Jan 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Feb 2018

Updated on 2018-03-19
Consumer Confidence: Net Balance

34.4

Dec 2017

34.8

Sep 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2017-12-20
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

56.1

1991

%

yearly

1985 - 2017

Updated on 2018-03-19
Trade Balance

2,488.5

Dec 2017

1,855.1

Nov 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Dec 2017

Updated on 2018-03-19
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 2017-10-13
Consumer Confidence Growth

4.5

Dec 2017

2.7

Sep 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Dec 2017

Updated on 2018-03-19
Exchange Rate against USD

305.240

Mar 2018

305.395

Feb 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Mar 2018

Updated on 2018-03-30
Foreign Exchange Reserves

46,208.9

Mar 2018

42,492.7

Feb 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Mar 2018

Updated on 2018-03-30
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-03-19
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2018-01-22
Consolidated Fiscal Balance: % of GDP

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-03-19
Consumer Price Index CPI Growth

14.3

Feb 2018

15.1

Jan 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Feb 2018

Updated on 2018-03-19
External Debt

18,913.4

Dec 2017

15,352.1

Sep 2017

3,287.7

Mar 2007

18,913.4

Dec 2017

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
Real Effective Exchange Rate

124.4

Feb 2018

124.6

Jan 2018

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Feb 2018

Updated on 2018-03-19
Gross National Product

395,953.77

2016

468,409.35

2015

4,173.70

1960

549,528.10

2014

USD mn

yearly

1960 - 2016

Updated on 2018-03-19
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2018-03-19
Current Account Balance: % of GDP

3.8

Dec 2017

2.0

Sep 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
M2 Growth

8.1

Feb 2018

3.2

Jan 2018

-2.2

Nov 2013

100.1

Mar 2008

%

monthly

Nov 1993 - Feb 2018

Updated on 2018-03-19
Reserve Requirement Ratio

22.5

Mar 2018

22.5

Feb 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Mar 2018

Updated on 2018-03-30
Private Consumption Expenditure

78,377.21

Dec 2016

75,468.96

Sep 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2018-03-19
Business Confidence Growth

22.5

Dec 2017

6.7

Sep 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2018-03-19
Foreign Direct Investment: % of GDP

0.9

Dec 2017

0.8

Sep 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-29
Policy Rate

14.00

Mar 2018

14.00

Feb 2018

6.00

Aug 2010

14.00

Mar 2018

% pa

monthly

Dec 2006 - Mar 2018

Updated on 2018-03-30
Gross Fixed Capital Formation

12,518.55

Dec 2016

11,053.34

Sep 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017-10-10
Forecast: Unemployment Rate

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 2017-10-10
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017-10-27
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 2018-03-19
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-03-19
Employed Persons

69,090,006.52

Sep 2017

70,354,895.79

Jun 2017

61,804,100.00

Jun 2012

70,665,895.85

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-04
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

Updated on 2018-03-19
Forecast: Consumer Price Index Growth

14.50

2022

14.50

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017-10-10
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017-10-10
Imports: Telecommunication Equipment

1,472,076.43

2016

1,678,702.84

2015

122,369.76

2000

2,587,404.96

2008

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Imports: Television

233,037.11

2016

291,353.60

2015

18,501.00

2004

515,894.12

2014

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Number of Subscriber Mobile

154,342,168.00

2016

150,830,089.00

2015

0.00

1992

154,342,168.00

2016

Person

yearly

1960 - 2016

Updated on 2017-09-18
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017-10-25
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017-09-29
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Imports: Medicament

206,780.69

2016

253,802.12

2015

26,577.00

2004

364,249.10

2014

USD th

yearly

1995 - 2016

Updated on 2017-06-16
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2018-03-19
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2018-03-19
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 2018-03-19
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 2016-01-28
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Number of Subscriber Fixed Line

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2017-09-18
Teledensity: Mobile

81.82

2016

82.19

2015

0.00

1992

82.19

2015

Number

yearly

1960 - 2016

Updated on 2017-09-18
Natural Gas Production: OPEC: Marketed Production

42,562.40

2016

45,148.10

2015

4,844.00

1995

45,148.10

2015

Cub m mn

yearly

1995 - 2016

Updated on 2017-06-13
Imports: Medicinal and Pharmaceutical Product

62,172.38

2016

72,309.87

2015

2,093.71

1996

102,212.69

2014

USD th

yearly

1995 - 2016

Updated on 2017-06-16
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 2017-05-19
National Government Debt

60,130.0

Dec 2017

56,280.9

Sep 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
Nominal GDP

102,175.2

Dec 2017

96,465.1

Sep 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-19
Current Account Balance

3,656.2

Dec 2017

1,973.6

Sep 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
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 2018-03-19
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 2018-03-19
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-03-19
Foreign Exchange Reserves: Months of Import

12.0

Dec 2017

13.0

Nov 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-29
Foreign Portfolio Investment

3,787.16

Dec 2017

3,320.84

Sep 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Exports Growth

-1.6

Dec 2017

48.9

Nov 2017

-74.9

Oct 1986

208.6

Feb 2000

%

monthly

Jan 1982 - Dec 2017

Updated on 2018-03-24
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-03-19
Nominal GDP Growth

6.99

Dec 2017

10.98

Sep 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Public Consumption Expenditure

5,034.87

Dec 2016

4,561.36

Sep 2016

4,561.36

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Money Supply M1

35,137.65

Feb 2018

35,311.98

Jan 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Foreign Exchange Reserves: % of GDP

10.57

Dec 2017

9.06

Sep 2017

5.29

Mar 2015

10.57

Dec 2017

%

quarterly

Dec 2010 - Dec 2017

Updated on 2018-03-29
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017-04-18
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

Updated on 2017-06-27
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 2016-01-28