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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

60.9

Dec 2017

63.4

Sep 2017

56.7

Jun 2009

65.9

Sep 2011

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-05-10
Australia

65.7

Jun 2018

65.7

May 2018

59.6

Jan 1984

66.3

Dec 2017

%

monthly

Feb 1978 - Jun 2018

Updated on 2018-07-19
Austria

76.0

Mar 2018

76.8

Dec 2017

70.2

Mar 2004

77.4

Sep 2016

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-13
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

68.1

Mar 2018

68.6

Dec 2017

63.6

Jun 2001

68.6

Dec 2017

%

quarterly

Mar 1999 - Mar 2018

Updated on 2018-07-03
Bolivia

65.6

2016

61.0

2015

61.0

2015

67.8

2001

%

yearly

1999 - 2016

Updated on 2017-10-17
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

61.4

May 2018

61.5

Apr 2018

60.9

Feb 2015

61.9

Nov 2017

%

monthly

Mar 2012 - May 2018

Updated on 2018-06-29
Brunei

67.1

2017

67.2

2016

65.0

1990

68.0

2000

%

yearly

1990 - 2017

Updated on 2018-04-19
Bulgaria

54.6

Mar 2018

55.5

Dec 2017

47.5

Dec 2000

56.5

Sep 2017

%

quarterly

Jun 2000 - Mar 2018

Updated on 2018-05-15
Cambodia

84.0

2016

82.7

2015

81.8

2008

87.5

2011

%

yearly

2007 - 2016

Updated on 2018-05-23
Canada

66.5

Jun 2018

66.1

May 2018

59.9

Jan 1976

69.3

Jul 1989

%

monthly

Jan 1976 - Jun 2018

Updated on 2018-07-06
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

51.0

Mar 2018

52.0

Dec 2017

49.5

Mar 2013

54.1

Sep 2008

%

quarterly

Mar 2007 - Mar 2018

Updated on 2018-07-25
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

60.3

Mar 2018

60.4

Dec 2017

58.1

Mar 2012

60.6

Sep 2017

%

quarterly

Dec 2001 - Mar 2018

Updated on 2018-07-02
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

69.5

Jun 2018

68.3

May 2018

63.5

Dec 2012

71.5

Jun 2008

%

monthly

May 2004 - Jun 2018

Updated on 2018-07-24
France

72.2

Mar 2018

72.0

Dec 2017

69.5

Jun 2006

72.2

Mar 2018

%

quarterly

Mar 2003 - Mar 2018

Updated on 2018-05-23
Georgia

65.8

2017

66.3

2016

60.3

2007

66.8

2015

%

yearly

1998 - 2017

Updated on 2018-05-21
Germany

61.0

Mar 2018

61.7

Dec 2017

58.2

Mar 2005

61.7

Dec 2017

%

quarterly

Mar 2005 - Mar 2018

Updated on 2018-06-29
Greece

59.4

Apr 2018

59.4

Mar 2018

57.4

Mar 2004

60.4

Oct 2010

%

monthly

Jan 2004 - Apr 2018

Updated on 2018-07-12
Hong Kong

61.2

Jun 2018

61.1

May 2018

59.5

Nov 2010

66.2

Sep 1984

%

monthly

Dec 1981 - Jun 2018

Updated on 2018-07-19
Hungary

62.4

Jun 2018

62.0

Mar 2018

51.0

Jun 1998

62.4

Jun 2018

%

quarterly

Mar 1998 - Jun 2018

Updated on 2018-07-27
Iceland

83.4

May 2018

81.9

Apr 2018

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - May 2018

Updated on 2018-07-10
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

64.1

May 2018

63.7

Apr 2018

62.6

Jan 2012

65.0

Jul 2016

%

monthly

Jan 2012 - May 2018

Updated on 2018-06-25
Italy

65.4

Mar 2018

65.7

Dec 2017

57.2

Jun 1978

65.7

Dec 2017

%

quarterly

Mar 1977 - Mar 2018

Updated on 2018-06-12
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

69.5

Mar 2018

69.8

Dec 2017

68.0

Mar 2002

72.8

Sep 2001

%

quarterly

Jun 2001 - Mar 2018

Updated on 2018-05-14
Kenya

65.4

2017

65.4

2016

64.8

2005

73.8

1990

%

yearly

1990 - 2017

Updated on 2018-04-19
South Korea

63.8

Jun 2018

63.9

May 2018

59.2

Jan 2011

63.9

May 2018

%

monthly

Jun 1999 - Jun 2018

Updated on 2018-07-10
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

69.2

Mar 2018

69.3

Dec 2017

59.9

Mar 2002

69.5

Sep 2017

%

quarterly

Mar 2002 - Mar 2018

Updated on 2018-06-08
Lebanon

47.2

2017

47.1

2016

43.6

1996

47.2

2017

%

yearly

1990 - 2017

Updated on 2018-04-19
Lithuania

60.8

Mar 2018

60.6

Dec 2017

54.7

Dec 2006

61.1

Jun 1999

%

quarterly

Jun 1998 - Mar 2018

Updated on 2018-05-18
Luxembourg

54.8

2017

54.6

2016

53.7

2000

55.6

2013

%

yearly

2000 - 2017

Updated on 2018-07-20
Macau

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

Mar 2018

56.8

Dec 2017

50.3

Dec 2004

57.8

Dec 2010

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-08
Malawi

77.0

2017

76.8

2016

76.8

2016

77.5

2013

%

yearly

1990 - 2017

Updated on 2018-04-19
Malaysia

68.4

May 2018

68.2

Apr 2018

67.6

Dec 2016

68.4

May 2018

%

monthly

Jan 2015 - May 2018

Updated on 2018-07-16
Malta

71.2

Mar 2018

72.0

Dec 2017

57.2

Dec 2006

72.0

Dec 2017

%

quarterly

Dec 2000 - Mar 2018

Updated on 2018-06-28
Mauritius

58.8

Mar 2018

59.5

Dec 2017

56.9

Dec 2004

61.0

Dec 2015

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-06-28
Mexico

59.8

Jun 2018

60.1

May 2018

58.2

Dec 2010

61.5

Jun 2012

%

monthly

Jan 2005 - Jun 2018

Updated on 2018-07-26
Moldova

39.3

Mar 2018

40.6

Dec 2017

37.0

Mar 2012

61.4

Jun 2000

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-04
Mongolia

60.6

Mar 2018

62.4

Dec 2017

59.2

Jun 2008

64.8

Sep 2011

%

quarterly

Sep 2006 - Mar 2018

Updated on 2018-05-15
Montenegro

53.6

Mar 2018

53.5

Dec 2017

47.1

Mar 2011

56.4

Sep 2017

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-06-19
Morocco

47.1

Mar 2018

45.5

Sep 2017

45.5

Sep 2017

55.7

Mar 1999

%

quarterly

Mar 1999 - Mar 2018

Updated on 2018-05-09
Myanmar

65.1

2017

65.3

2016

65.1

2017

73.4

1991

%

yearly

1990 - 2017

Updated on 2018-04-26
Nepal

84.2

2017

84.3

2016

83.0

2008

86.2

1995

%

yearly

1990 - 2017

Updated on 2018-04-19
Netherlands

69.7

Jun 2018

69.1

May 2018

62.1

Jan 2005

69.7

Jun 2018

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-19
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

60.9

Apr 2018

62.2

Jan 2018

60.6

Jul 2017

69.0

Apr 2004

%

quarterly

Jul 2003 - Apr 2018

Updated on 2018-06-05
Poland

56.0

Mar 2018

56.2

Dec 2017

53.2

Mar 2007

57.9

Mar 1999

%

quarterly

Dec 1998 - Mar 2018

Updated on 2018-05-25
Portugal

58.9

Mar 2018

59.0

Dec 2017

58.1

Mar 2016

61.6

Jun 2011

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-06-21
Qatar

89.1

2016

88.6

2015

79.7

2006

89.1

2016

%

yearly

2006 - 2016

Updated on 2017-07-18
Romania

54.2

Dec 2017

56.1

Sep 2017

52.7

Mar 2016

67.8

Sep 1996

%

quarterly

Mar 1996 - Dec 2017

Updated on 2018-05-11
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

52.9

Mar 2018

54.2

Dec 2017

50.8

Mar 2015

55.3

Sep 2017

%

quarterly

Mar 2014 - Mar 2018

Updated on 2018-05-31
Singapore

67.7

2017

68.0

2016

63.1

1998

68.3

2015

%

yearly

1991 - 2017

Updated on 2018-01-26
Slovakia

59.6

Mar 2018

59.9

Dec 2017

58.5

Mar 2011

60.9

Sep 2001

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-06-15
Slovenia

58.3

Mar 2018

58.8

Dec 2017

55.8

Mar 2016

60.7

Sep 2008

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-06-19
South Africa

59.3

Mar 2018

58.8

Dec 2017

55.0

Dec 2010

60.5

Mar 2017

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-05-15
Spain

58.8

Jun 2018

58.5

Mar 2018

48.9

Jun 1985

60.5

Sep 2012

%

quarterly

Sep 1976 - Jun 2018

Updated on 2018-07-26
Sri Lanka

52.0

Mar 2018

54.1

Dec 2017

51.5

Jun 2012

54.7

Mar 2017

%

quarterly

Jun 2012 - Mar 2018

Updated on 2018-06-29
Sudan

46.5

2017

46.6

2016

46.5

2017

51.7

1996

%

yearly

1990 - 2017

Updated on 2018-04-19
Sweden

75.1

Jun 2018

73.2

May 2018

69.3

Jan 2012

75.1

Jun 2018

%

monthly

Apr 2005 - Jun 2018

Updated on 2018-07-26
Switzerland

68.4

Mar 2018

68.6

Dec 2017

66.8

Mar 2010

68.8

Dec 2016

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-17
Syria

41.1

2017

41.5

2016

41.1

2017

54.2

1990

%

yearly

1990 - 2017

Updated on 2018-04-19
Taiwan

58.9

Jun 2018

58.9

May 2018

56.3

Apr 1982

61.8

Aug 1987

%

monthly

Jan 1978 - Jun 2018

Updated on 2018-07-23
Tajikistan

46.7

2016

47.7

2015

46.7

2016

78.5

1990

%

yearly

1990 - 2016

Updated on 2018-05-24
Thailand

69.0

Jun 2018

68.5

May 2018

66.4

Oct 2017

73.1

Jun 2013

%

monthly

Jan 2013 - Jun 2018

Updated on 2018-07-10
Tunisia

46.6

2014

47.8

2012

45.2

2000

47.8

2012

%

yearly

1999 - 2014

Updated on 2017-10-19
Turkey

53.0

Apr 2018

52.4

Mar 2018

42.4

Feb 2006

53.7

Aug 2017

%

monthly

Jan 2005 - Apr 2018

Updated on 2018-07-16
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

63.8

Apr 2018

63.8

Mar 2018

61.4

May 1983

64.5

Sep 1990

%

monthly

Feb 1971 - Apr 2018

Updated on 2018-07-17
United States

63.4

Jun 2018

62.8

May 2018

57.2

Jan 1948

68.1

Jul 1997

%

monthly

Jan 1948 - Jun 2018

Updated on 2018-07-06
Uruguay

62.2

May 2018

62.1

Apr 2018

59.6

Jun 2006

65.7

Feb 2014

%

monthly

Jan 2006 - May 2018

Updated on 2018-07-06
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

76.9

Dec 2017

76.7

Sep 2017

76.2

Jun 2015

78.8

Dec 2015

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-20
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

93,055.85

2017

70,661.50

2016

121.32

1995

189,111.44

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Bank Lending Rate

17.08

May 2018

17.24

Apr 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - May 2018

Updated on 2018-06-27
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

12.95

Jun 2018

13.44

May 2018

-3.60

Jul 2006

38.04

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

21.2

Jun 2018

28.5

Mar 2018

21.2

Jun 2018

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2018

Updated on 2018-07-09
Consumer Price Index CPI Growth

11.2

Jun 2018

11.6

May 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jun 2018

Updated on 2018-07-23
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
Core CPI Change

11.19

Jun 2018

11.60

May 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-23
Crude Oil: Exports

1,811.10

2017

1,738.00

2016

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2017

Updated on 2018-06-12
Crude Oil: Production

1,660.00

Jun 2018

1,632.00

May 2018

1,419.00

Aug 2016

2,496.00

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

84,226.6

May 2018

90,055.5

Apr 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Domestic Credit Growth

-4.2

May 2018

-0.1

Apr 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - May 2018

Updated on 2018-06-27
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 2018-04-20
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 2018-04-20
Equity Market Index

38,278.6

Jun 2018

38,104.5

May 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Jun 2018

Updated on 2018-06-29
Exchange Rate against USD

305.371

Jun 2018

305.326

May 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Jun 2018

Updated on 2018-07-02
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 2018-04-25
Exports: Medicament

1,568.72

2017

1,151.10

2016

353.80

2001

5,424.01

2014

USD th

yearly

1995 - 2017

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

149.32

2017

155.92

2016

16.73

1997

6,564.54

2007

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

6,497.06

2017

18,735.53

2016

1,104.26

2001

34,433.13

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

116.67

2017

273.82

2016

60.37

2000

2,654.08

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

14.00

2023

14.00

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

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

2.00

2023

2.23

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

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

1.53

2023

1.37

2022

-15.34

2002

32.95

2003

%

yearly

1991 - 2023

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

6,379.87

2023

6,319.75

2022

2,026.44

1991

6,379.87

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Expenditure

32,324.37

2023

27,264.45

2022

99.77

1990

32,324.37

2023

NGN bn

yearly

1990 - 2023

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

80,503.18

2023

68,575.88

2022

358.18

1990

80,503.18

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Revenue

20,397.06

2023

17,059.10

2022

96.42

1990

20,397.06

2023

NGN bn

yearly

1990 - 2023

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

3,935.72

2023

3,479.15

2022

496.50

1999

3,935.72

2023

USD

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Population

222.04

2023

216.10

2022

68.45

1980

222.04

2023

Person mn

yearly

1980 - 2023

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

1.95

2023

1.98

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-07-18
Forecast: Unemployment Rate

16.48

2017

13.38

2016

5.09

2010

16.48

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

47,119.7

Jul 2018

47,788.5

Jun 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jul 2018

Updated on 2018-08-03
Foreign Exchange Reserves: % of GDP

12.28

Mar 2018

10.56

Dec 2017

5.29

Mar 2015

12.28

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

5,141.95

Mar 2018

3,787.16

Dec 2017

-769.91

Dec 2014

5,963.20

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

1,951.27

2017

2,156.84

2016

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2017

Updated on 2018-06-04
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
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 2018-05-02
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

12,518.55

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 2018-04-20
Gross National Product

364,278.14

2017

395,953.77

2016

4,173.70

1960

549,528.10

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

1,383,238.75

2016

1,821,759.16

2014

142,900.38

2000

2,928,318.22

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

903,549.91

2017

752,308.62

2016

70,479.00

2004

903,549.91

2017

USD th

yearly

1995 - 2017

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

318,240.10

2017

203,518.54

2016

25,695.80

2000

318,240.10

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

1,206,913.82

2017

1,155,546.96

2016

122,950.55

2000

2,586,449.75

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

222,256.39

2017

148,860.52

2016

18,501.00

2004

515,445.68

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-09
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 2018-05-21
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
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

129,583,436.00

2016

147,959,459.00

2015

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

36,768.26

May 2018

34,973.06

Apr 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Money Supply M2

82,433.20

May 2018

80,366.54

Apr 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
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
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
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
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

45,434.00

2017

42,562.00

2016

4,844.00

1995

45,434.00

2017

Cub m mn

yearly

1995 - 2017

Updated on 2018-06-12
Natural Gas: Exports

32,511.00

2017

25,147.00

2016

740.00

1999

32,511.00

2017

Cub m mn

yearly

1999 - 2017

Updated on 2018-06-12
Nominal GDP

93,232.6

Mar 2018

102,391.9

Dec 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-21
Nominal GDP Growth

9.36

Mar 2018

7.22

Dec 2017

3.01

Jun 2016

17.86

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

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2018-04-19
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 2018-04-19
Policy Rate

14.00

Jun 2018

14.00

May 2018

6.00

Aug 2010

14.00

Jun 2018

% pa

monthly

Dec 2006 - Jun 2018

Updated on 2018-06-29
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

78,377.21

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 2018-04-20
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

4,875.37

Dec 2017

3,821.39

Sep 2017

3,821.39

Sep 2017

10,867.90

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

Jun 2018

22.5

May 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Jun 2018

Updated on 2018-06-29
Short Term Interest Rate

15.00

Jun 2018

14.77

May 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Jun 2018

Updated on 2018-07-02
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.98

2016

83.25

2015

0.00

1992

83.25

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,431.74

2017

71,281.08

2016

4,696.12

1992

104,420.24

2014

USD mn

yearly

1992 - 2017

Updated on 2018-06-19
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

3,140.0

Apr 2018

3,352.9

Mar 2018

230.8

Feb 1986

6,409.5

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
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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