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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.

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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:

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More Countries for Labour Force Participation Rate

Country Last Previous Min Max Unit Frequency Range
United States

63.0

Aug 2017

63.5

Jul 2017

57.2

Jan 1948

68.1

Jul 1997

%

monthly

Jan 1948 - Aug 2017

Updated on Sep 2017
Canada

66.9

Aug 2017

66.9

Jul 2017

59.9

Jan 1976

69.3

Jul 1989

%

monthly

Jan 1976 - Aug 2017

Updated on Sep 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

60.8

Mar 2017

61.3

Dec 2016

58.2

Mar 2005

61.3

Dec 2016

%

quarterly

Mar 2005 - Mar 2017

Updated on Jul 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

60.8

Jul 2017

61.0

Jun 2017

58.5

Dec 2012

66.1

Oct 1973

%

monthly

Jul 1972 - Jul 2017

Updated on Aug 2017
United Kingdom

63.7

Jun 2017

63.6

May 2017

61.4

May 1983

64.5

Sep 1990

%

monthly

Feb 1971 - Jun 2017

Updated on Sep 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

67.5

Mar 2017

68.4

Dec 2016

63.6

Jun 2001

68.4

Dec 2016

%

quarterly

Mar 1999 - Mar 2017

Updated on Jul 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

59.9

Mar 2017

60.2

Dec 2016

58.1

Mar 2012

60.2

Dec 2016

%

quarterly

Dec 2001 - Mar 2017

Updated on May 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

67.2

Jul 2017

68.6

Jun 2017

63.5

Dec 2012

71.5

Jun 2008

%

monthly

May 2004 - Jul 2017

Updated on Aug 2017
Greece

59.8

Jun 2017

59.8

May 2017

57.4

Mar 2004

60.4

Oct 2010

%

monthly

Jan 2004 - Jun 2017

Updated on Sep 2017
Hungary

61.8

Jun 2017

61.1

Mar 2017

51.0

Jun 1998

61.8

Jun 2017

%

quarterly

Mar 1998 - Jun 2017

Updated on Aug 2017
Iceland

83.3

Jul 2017

85.5

Jun 2017

76.1

Nov 2011

87.4

Jul 2007

%

monthly

Jan 2003 - Jul 2017

Updated on Aug 2017
Ireland

59.8

Mar 2017

60.1

Dec 2016

56.8

Mar 1998

64.7

Sep 2007

%

quarterly

Mar 1998 - Mar 2017

Updated on May 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

54.5

2016

54.8

2015

53.7

2000

55.6

2013

%

yearly

2000 - 2016

Updated on 2017
Malta

68.7

Mar 2017

69.1

Dec 2016

57.2

Dec 2006

70.0

Sep 2016

%

quarterly

Dec 2000 - Mar 2017

Updated on Jun 2017
Bolivia

61.0

2015

65.8

2014

61.0

2015

67.8

2001

%

yearly

1999 - 2015

Updated on 2017
Netherlands

68.7

Aug 2017

68.8

Jul 2017

62.1

Jan 2005

68.8

Jul 2017

%

monthly

Jan 2003 - Aug 2017

Updated on Sep 2017
Norway

64.8

2016

64.9

2015

61.5

1993

67.2

2008

%

yearly

1990 - 2016

Updated on 2017
Brazil

61.8

Jul 2017

61.7

Jun 2017

60.9

Feb 2015

61.8

Jul 2017

%

monthly

Mar 2012 - Jul 2017

Updated on Aug 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

Jul 2017

59.6

Jun 2017

56.1

Jul 2009

60.4

Feb 2014

%

monthly

Mar 2009 - Jul 2017

Updated on Aug 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

59.8

Jul 2017

59.4

Jun 2017

58.2

Dec 2010

61.5

Jun 2012

%

monthly

Jan 2005 - Jul 2017

Updated on Aug 2017
Spain

58.8

Jun 2017

58.8

Mar 2017

48.9

Jun 1985

60.5

Sep 2012

%

quarterly

Sep 1976 - Jun 2017

Updated on Jul 2017
Panama

64.4

2016

64.2

2015

61.9

2011

64.4

2016

%

yearly

2003 - 2016

Updated on 2016
Sweden

73.4

Aug 2017

74.7

Jul 2017

69.3

Jan 2012

74.8

Jun 2017

%

monthly

Apr 2005 - Aug 2017

Updated on Sep 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

63.0

Jul 2017

62.2

Jun 2017

59.6

Jun 2006

65.7

Feb 2014

%

monthly

Jan 2006 - Jul 2017

Updated on Sep 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

64.8

Aug 2017

65.0

Jul 2017

59.6

Jan 1984

66.2

Dec 2010

%

monthly

Feb 1978 - Aug 2017

Updated on Sep 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

61.4

Aug 2017

61.3

Jul 2017

59.5

Nov 2010

66.2

Sep 1984

%

monthly

Dec 1981 - Aug 2017

Updated on Sep 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

63.3

Aug 2017

63.7

Jul 2017

59.0

Jan 2011

63.8

Jun 2017

%

monthly

Jun 1999 - Aug 2017

Updated on Sep 2017
Malawi

81.1

2016

81.0

2015

77.0

1998

82.7

2008

%

yearly

1990 - 2016

Updated on 2017
Malaysia

67.7

Jul 2017

67.8

Jun 2017

67.6

Dec 2016

68.1

Aug 2015

%

monthly

Jan 2015 - Jul 2017

Updated on Sep 2017
Laos

77.6

2016

77.4

2015

77.2

2014

81.4

1990

%

yearly

1990 - 2016

Updated on 2017
Macau

71.4

Jul 2017

71.2

Jun 2017

60.8

Sep 2003

74.4

Dec 2014

%

monthly

Sep 1996 - Jul 2017

Updated on Aug 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 Sep 2017
Singapore

68.0

2016

68.3

2015

63.1

1998

68.3

2015

%

yearly

1991 - 2016

Updated on 2016
Sri Lanka

54.7

Mar 2017

54.0

Dec 2016

51.5

Jun 2012

54.7

Mar 2017

%

quarterly

Jun 2012 - Mar 2017

Updated on Jun 2017
Taiwan

58.9

Jul 2017

58.8

Jun 2017

56.3

Apr 1982

61.8

Aug 1987

%

monthly

Jan 1978 - Jul 2017

Updated on Aug 2017
Thailand

68.0

Aug 2017

68.8

Jul 2017

67.7

Oct 2016

73.1

Jun 2013

%

monthly

Jan 2013 - Aug 2017

Updated on Sep 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

58.9

Mar 2017

60.7

Dec 2016

56.7

Jun 2009

65.9

Sep 2011

%

quarterly

Mar 2008 - Mar 2017

Updated on Jun 2017
Azerbaijan

65.2

2016

65.0

2015

60.9

1990

65.2

2016

%

yearly

1990 - 2016

Updated on 2017
Belarus

83.3

2015

82.5

2014

76.1

2004

83.3

2015

%

yearly

2000 - 2015

Updated on 2016
Bosnia and Herzegovina

42.6

2017

43.1

2016

42.6

2017

44.6

2010

%

yearly

2006 - 2017

Updated on 2017
Croatia

50.6

Mar 2017

51.3

Dec 2016

49.5

Mar 2013

54.1

Sep 2008

%

quarterly

Mar 2007 - Mar 2017

Updated on Jul 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

59.2

Mar 2017

59.8

Dec 2016

56.9

Dec 2004

61.0

Dec 2015

%

quarterly

Mar 2004 - Mar 2017

Updated on Jun 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

69.2

Jul 2017

68.9

Jun 2017

66.8

Feb 2010

70.3

Aug 2016

%

monthly

Aug 2009 - Jul 2017

Updated on Sep 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

53.4

Jun 2017

53.0

May 2017

42.4

Feb 2006

53.4

Jun 2017

%

monthly

Jan 2005 - Jun 2017

Updated on Sep 2017
Ukraine

61.4

Mar 2017

62.2

Dec 2016

61.2

Mar 2005

65.3

Sep 2013

%

quarterly

Mar 2005 - Mar 2017

Updated on Jun 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
Tunisia

46.6

2014

47.8

2012

45.2

2000

47.8

2012

%

yearly

1999 - 2014

Updated on 2016
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

-7.4

Jun 2017

-20.5

Mar 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Jun 2017

Updated on Aug 2017
Foreign Direct Investment

853.9

Mar 2017

1,269.2

Dec 2016

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Total Imports Growth

9.2

May 2017

-14.3

Apr 2017

-66.4

Feb 1986

114.2

Jan 2011

%

monthly

Jan 1982 - May 2017

Updated on Aug 2017
Money Supply M2

72,701.67

Jul 2017

71,013.52

Jun 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Jul 2017

Updated on Aug 2017
Forecast: Government Revenue

18,953.85

2022

15,851.45

2021

1,986.95

2000

18,953.85

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

6.8

Jul 2017

7.2

Jun 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Jul 2017

Updated on Aug 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

3,249.5

May 2017

2,486.4

Apr 2017

230.8

Feb 1986

6,406.7

Apr 2011

USD mn

monthly

Jan 1981 - May 2017

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

20.17

Aug 2017

20.19

Jul 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Aug 2017

Updated on Sep 2017
Forecast: Nominal GDP Per Capita

3,040.00

2022

3,014.14

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

5.9

2015

6.5

2014

2.1

1991

13.9

1978

%

yearly

1950 - 2015

Updated on 2017
Equity Market Index

35,504.6

Aug 2017

35,844.0

Jul 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Aug 2017

Updated on Aug 2017
Domestic Credit

88,944.2

Jul 2017

86,511.4

Jun 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Jul 2017

Updated on Aug 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

12.70

Aug 2017

12.35

Jul 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Aug 2017

Updated on Sep 2017
Forecast: Government Expenditure

29,157.59

2022

24,665.24

2021

1,706.56

2000

29,157.59

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

1,861.00

Aug 2017

1,723.00

Jul 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Aug 2017

Updated on Sep 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

21.39

Aug 2017

20.95

Jul 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Aug 2017

Updated on Sep 2017
Gold Reserves

0.06

May 2017

0.06

Apr 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Sep 1961 - May 2017

Updated on Aug 2017
Forecast: Government Net Debt

67,270.99

2022

57,788.87

2021

358.18

1990

67,270.99

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

328.7

Mar 2017

326.9

Dec 2016

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Total Exports

3,530.4

May 2017

4,051.1

Apr 2017

322.9

Oct 1986

11,635.2

Aug 2011

USD mn

monthly

Jan 1981 - May 2017

Updated on Aug 2017
Bank Lending Rate

17.65

Jul 2017

17.59

Jun 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Jul 2017

Updated on Aug 2017
Consumer Confidence: Net Balance

34.2

Jun 2017

27.2

Mar 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2017

Updated on Aug 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

6,327.51

2022

6,255.81

2021

2,026.44

1991

6,327.51

2022

Intl $

yearly

1990 - 2022

Updated on 2017
Crude Steel Production

100.00

2015

100.00

2014

0.00

2003

321.00

1985

Tonne th

yearly

1973 - 2015

Updated on 2016
Consumer Confidence Growth

0.7

Jun 2017

-13.7

Mar 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Jun 2017

Updated on Aug 2017
Exchange Rate against USD

305.167

Aug 2017

305.362

Jul 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Aug 2017

Updated on Aug 2017
Foreign Exchange Reserves

30,899.0

Jul 2017

30,341.0

Jun 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jul 2017

Updated on Sep 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

1.81

2022

1.81

2021

-1.54

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

16.0

Aug 2017

16.1

Jul 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Aug 2017

Updated on Sep 2017
External Debt

15,047.0

Jun 2017

13,807.6

Mar 2017

3,287.7

Mar 2007

15,047.0

Jun 2017

USD mn

quarterly

Dec 2006 - Jun 2017

Updated on Sep 2017
Real Effective Exchange Rate

123.0

Jul 2017

122.9

Jun 2017

51.7

Mar 1992

718.3

Sep 1984

2005=100

monthly

Dec 1979 - Jul 2017

Updated on Aug 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

15.5

2015

21.8

2014

15.5

2015

33.4

2012

%

yearly

2010 - 2015

Updated on 2017
Current Account Balance: % of GDP

3.4

Mar 2017

3.4

Dec 2016

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Mar 2017

Updated on Jul 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

Aug 2017

22.5

Jul 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Aug 2017

Updated on Aug 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

15.5

2015

15.8

2014

5.5

2005

34.0

1981

%

yearly

1981 - 2015

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

Mar 2017

1.3

Dec 2016

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Mar 2017

Updated on Jul 2017
Policy Rate

14.00

Aug 2017

14.00

Jul 2017

6.00

Aug 2010

14.00

Aug 2017

% pa

monthly

Dec 2006 - Aug 2017

Updated on Aug 2017
Gross Fixed Capital Formation

11,053.34

Sep 2016

21,047.37

Jun 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Forecast: Current Account Balance

2.59

2022

3.25

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

12.70

2016

9.00

2015

5.09

2010

12.70

2016

%

yearly

2010 - 2016

Updated on 2017
Aluminum: Exports

89,018.82

2016

114,303.12

2015

121.32

1995

187,509.95

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

0.37

2022

0.33

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

1,062,388.64

2014

1,010,836.00

2013

72,500.00

2008

1,062,388.64

2014

TEU

yearly

2008 - 2014

Updated on 2015
Liner Shipping Connectivity Index

21.93

2016

32.68

2015

12.79

2005

32.68

2015

2004=100

yearly

2004 - 2016

Updated on 2016
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

78.6

2015

71.7

2014

23.4

1982

89.0

1960

%

yearly

1950 - 2015

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

2,911.2

Mar 2017

3,327.4

Dec 2016

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 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

9.2

May 2017

12.4

Apr 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - May 2017

Updated on Aug 2017
Foreign Portfolio Investment

438.47

Mar 2017

302.94

Dec 2016

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Total Exports Growth

14.7

May 2017

15.1

Apr 2017

-74.9

Oct 1986

207.1

Feb 2000

%

monthly

Jan 1982 - May 2017

Updated on Aug 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

33,815.55

Jul 2017

32,383.41

Jun 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Jul 2017

Updated on Aug 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