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Nigeria Labour Productivity Growth

2013 - 2016 | Quarterly | % | CEIC

Nigeria's Labour Productivity improved by 1.88 % YoY in Dec 2016, compared with a growth of 0.69 % in the previous quarter. Nigeria's Labour Productivity Growth data is updated quarterly, available from Mar 2013 to Dec 2016, averaging at 1.31 %. The data reached an all-time high of 9.90 % in Dec 2014 and a record low of -3.51 % in Jun 2013. CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The National Bureau of Statistics of the Federal Republic of Nigeria provides Real GDP in local currency, at 2010 prices and Employment.

In the latest reports, Nigeria's Population reached 185.99 million people in Dec 2016. The country's Labour Force Participation Rate increased to 56.53 % in Dec 2017.

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What was Nigeria's Labour Productivity Growth in Dec 2016?

Last Previous Min Max Unit Frequency Range

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

View Nigeria's Labour Productivity Growth from Mar 2013 to Dec 2016 in the chart:

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Labour Productivity: YoY: Nigeria

Series Details
Series ID

383847037

Name

Labour Productivity: YoY: Nigeria

Country

Nigeria

Frequency

Quarterly

Unit

%

Status

Active

Source

CEIC Generate

First Date

Mar 2013

Last Date

Dec 2016

Last Updated

06 Jun 2017

Statistics
Mean

2.33

Variance

14.71

Standard deviation

3.83

Skewness

0.62

Kurtosis

-0.29

Coefficient variation

1.65

Median

1.31

Max
Dec 2014

NaN

Min
Jun 2013

NaN

Previous observation
Sep 2016

0.69

Last observation
Dec 2016

1.88

Number of Observations

16

Get This Data

More Countries for Labour Productivity Growth

Country Last Previous Min Max Unit Frequency Range
Albania

-0.95

Jun 2017

-0.13

Mar 2017

-6.65

Jun 2016

9.61

Mar 2014

%

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Algeria

1.56

2017

2.19

2016

-6.56

1997

5.23

2000

%

yearly

1992 - 2017

Updated on 2017
Argentina

1.40

2017

-3.04

2016

-10.02

2002

11.05

1992

%

yearly

1992 - 2017

Updated on 2017
Armenia

1.80

Jun 2017

9.89

Mar 2017

-15.55

Dec 2009

15.01

Mar 2016

%

quarterly

Mar 2009 - Jun 2017

Updated on Nov 2017
Australia

0.35

Sep 2017

0.05

Jun 2017

-4.24

Jun 1986

6.23

Mar 1984

%

quarterly

Jun 1979 - Sep 2017

Updated on Dec 2017
Austria

1.59

Jun 2017

2.24

Mar 2017

-5.26

Jun 2009

4.34

Mar 2011

%

quarterly

Mar 2005 - Jun 2017

Updated on Nov 2017
Azerbaijan

-4.56

Jun 2017

-4.33

Mar 2017

-4.77

Dec 2011

15.04

Dec 2009

%

quarterly

Mar 2009 - Jun 2017

Updated on Oct 2017
Bahrain

2.14

Jun 2017

0.27

Mar 2017

-27.85

Jun 2009

18.57

Mar 2010

%

quarterly

Mar 2009 - Jun 2017

Updated on Oct 2017
Belarus

3.07

Jun 2017

2.42

Mar 2017

-3.30

Dec 2015

10.80

Jun 2011

%

quarterly

Mar 2006 - Jun 2017

Updated on Oct 2017
Belgium

0.49

Jun 2017

1.10

Mar 2017

-4.27

Jun 2009

3.20

Jun 2001

%

quarterly

Mar 2000 - Jun 2017

Updated on Oct 2017
Bolivia

-4.04

2016

11.75

2015

-6.34

2003

11.75

2015

%

yearly

2000 - 2016

Updated on 2017
Bosnia and Herzegovina

5.92

2016

1.82

2015

-0.69

2012

5.92

2016

%

yearly

2007 - 2016

Updated on 2017
Brazil

0.35

2017

-1.17

2016

-4.66

1992

6.17

2010

%

yearly

1992 - 2017

Updated on 2017
Bulgaria

1.09

Sep 2017

2.93

Jun 2017

-3.35

Mar 2009

8.51

Dec 2010

%

quarterly

Mar 2001 - Sep 2017

Updated on Dec 2017
Cambodia

5.66

2015

3.32

2014

-8.51

2009

9.89

2012

%

yearly

2008 - 2015

Updated on 2017
Canada

0.95

Sep 2017

1.83

Jun 2017

-2.22

Dec 1986

3.63

Dec 1984

%

quarterly

Mar 1977 - Sep 2017

Updated on Dec 2017
Chile

-0.09

Sep 2017

-0.60

Jun 2017

-3.11

Dec 1998

10.45

Dec 1991

%

quarterly

Jun 1987 - Sep 2017

Updated on Nov 2017
China

6.49

2016

6.65

2015

-26.45

1961

15.12

1970

%

yearly

1953 - 2016

Updated on 2017
Colombia

0.89

Sep 2017

-0.76

Jun 2017

-5.86

Dec 2009

14.59

Dec 2006

%

quarterly

Mar 2002 - Sep 2017

Updated on Nov 2017
Croatia

1.38

Jun 2017

2.58

Mar 2017

-10.51

Mar 2009

5.34

Sep 2010

%

quarterly

Mar 2008 - Jun 2017

Updated on Dec 2017
Cyprus

1.55

Jun 2017

-0.25

Mar 2017

-3.95

Dec 2012

4.31

Sep 2015

%

quarterly

Jun 2005 - Jun 2017

Updated on Dec 2017
Czech Republic

2.55

Sep 2017

2.00

Jun 2017

-4.65

Jun 2009

6.23

Jun 2005

%

quarterly

Dec 2004 - Sep 2017

Updated on Dec 2017
Denmark

1.31

Sep 2017

2.91

Jun 2017

-6.42

Dec 2008

6.09

Sep 2010

%

quarterly

Mar 1997 - Sep 2017

Updated on Nov 2017
Ecuador

-4.09

2017

-3.63

2016

-7.84

2000

7.10

2008

%

yearly

1992 - 2017

Updated on 2017
Egypt

0.90

Mar 2017

0.73

Dec 2016

-1.90

Mar 2011

9.53

Dec 2012

%

quarterly

Mar 2004 - Mar 2017

Updated on Jul 2017
Estonia

1.64

Sep 2017

5.57

Jun 2017

-11.13

Dec 2008

13.06

Dec 1997

%

quarterly

Mar 1996 - Sep 2017

Updated on Nov 2017
European Union

0.59

Jun 2017

1.42

Mar 2017

-4.52

Mar 2009

4.07

Jun 2010

%

quarterly

Mar 2002 - Jun 2017

Updated on Dec 2017
Finland

2.27

Sep 2017

2.31

Jun 2017

-8.13

Mar 2009

6.68

Sep 1993

%

quarterly

Mar 1991 - Sep 2017

Updated on Dec 2017
France

0.53

2016

0.85

2015

-1.83

2009

3.72

1988

%

yearly

1979 - 2016

Updated on 2017
Georgia

3.82

2016

0.87

2015

-6.80

2009

21.77

1997

%

yearly

1997 - 2016

Updated on 2017
Germany

0.80

Sep 2017

-0.52

Jun 2017

-8.09

Jun 2009

4.58

Mar 2011

%

quarterly

Mar 1992 - Sep 2017

Updated on Nov 2017
Greece

-0.87

Jun 2017

-0.71

Mar 2017

-6.63

Mar 2009

6.19

Mar 2004

%

quarterly

Mar 1999 - Jun 2017

Updated on Dec 2017
Hong Kong

2.19

Sep 2017

2.59

Jun 2017

-7.40

Sep 1998

8.82

Jun 2004

%

quarterly

Jun 1997 - Sep 2017

Updated on Nov 2017
Hungary

2.48

Sep 2017

1.51

Jun 2017

-5.95

Jun 2009

6.35

Sep 2004

%

quarterly

Mar 1999 - Sep 2017

Updated on Dec 2017
Iceland

3.10

Sep 2017

2.40

Jun 2017

-6.02

Jun 2010

11.56

Sep 2004

%

quarterly

Mar 2004 - Sep 2017

Updated on Dec 2017
India

5.66

2017

5.59

2016

1.36

2001

9.67

2010

%

yearly

1992 - 2017

Updated on 2017
Indonesia

1.83

2016

4.70

2015

1.50

2014

5.56

2013

%

yearly

2011 - 2016

Updated on 2017
Iran

2.76

2017

3.17

2016

-8.37

2012

8.32

2007

%

yearly

1992 - 2017

Updated on 2017
Ireland

3.30

Jun 2017

1.65

Mar 2017

-6.69

Dec 2008

24.87

Mar 2015

%

quarterly

Mar 1999 - Jun 2017

Updated on Sep 2017
Israel

-0.16

Sep 2017

1.73

Jun 2017

-1.56

Jun 2014

3.84

Jun 2013

%

quarterly

Mar 2013 - Sep 2017

Updated on Nov 2017
Italy

0.85

Jun 2017

0.78

Mar 2017

-6.54

Mar 2009

3.87

Dec 1997

%

quarterly

Mar 1997 - Jun 2017

Updated on Dec 2017
Ivory Coast

5.03

2017

5.08

2016

-6.96

2011

8.04

2012

%

yearly

1992 - 2017

Updated on 2017
Japan

0.59

Sep 2017

0.09

Jun 2017

-8.22

Mar 2009

5.53

Sep 2010

%

quarterly

Mar 1995 - Sep 2017

Updated on Dec 2017
Jordan

0.57

2014

0.89

2013

-5.27

2003

8.38

2007

%

yearly

2001 - 2014

Updated on 2017
Kazakhstan

2.62

Mar 2017

2.61

Dec 2016

-3.22

Jun 2009

11.42

Dec 2002

%

quarterly

Mar 2002 - Mar 2017

Updated on Aug 2017
Kenya

0.26

2016

-0.47

2015

-0.61

2014

2.47

2011

%

yearly

2011 - 2016

Updated on 2017
Kuwait

0.91

2017

0.11

2016

-14.39

2009

83.91

1992

%

yearly

1992 - 2017

Updated on 2017
Kyrgyzstan

1.72

2015

2.21

2014

-1.68

2010

12.05

2013

%

yearly

2007 - 2015

Updated on 2017
Latvia

4.91

Sep 2017

4.81

Jun 2017

-4.97

Sep 2008

12.16

Sep 2005

%

quarterly

Mar 2003 - Sep 2017

Updated on Nov 2017
Lithuania

3.89

Sep 2017

4.48

Jun 2017

-8.70

Jun 2009

11.62

Dec 2001

%

quarterly

Jun 1999 - Sep 2017

Updated on Dec 2017
Luxembourg

-1.02

Jun 2017

0.74

Mar 2017

-9.67

Dec 2008

7.32

Dec 2014

%

quarterly

Mar 1996 - Jun 2017

Updated on Nov 2017
Macau

9.72

Sep 2017

13.15

Jun 2017

-27.35

Jun 2015

46.79

Jun 2004

%

quarterly

Mar 2002 - Sep 2017

Updated on Nov 2017
Macedonia

-1.92

Sep 2017

-3.85

Jun 2017

-11.55

Dec 2005

11.18

Mar 2005

%

quarterly

Mar 2005 - Sep 2017

Updated on Dec 2017
Malawi

0.95

2017

-0.81

2016

-10.64

1994

16.33

1995

%

yearly

1992 - 2017

Updated on 2017
Malaysia

4.17

Sep 2017

3.95

Jun 2017

-7.79

Mar 2009

7.69

Dec 2002

%

quarterly

Mar 2001 - Sep 2017

Updated on Nov 2017
Malta

5.25

Jun 2017

3.68

Mar 2017

-4.75

Jun 2009

8.25

Dec 2014

%

quarterly

Dec 2001 - Jun 2017

Updated on Dec 2017
Mauritius

2.04

Jun 2017

1.96

Mar 2017

-2.25

Jun 2010

8.75

Sep 2013

%

quarterly

Mar 2005 - Jun 2017

Updated on Oct 2017
Mexico

1.08

Mar 2017

2.18

Dec 2016

-8.39

Jun 2009

5.12

Dec 2010

%

quarterly

Jun 2001 - Mar 2017

Updated on Nov 2017
Moldova

5.53

Jun 2017

2.92

Mar 2017

-8.09

Dec 2015

27.04

Mar 2006

%

quarterly

Mar 2001 - Jun 2017

Updated on Sep 2017
Mongolia

2.57

Sep 2017

-2.98

Jun 2017

-7.99

Sep 2009

25.34

Sep 2011

%

quarterly

Sep 2007 - Sep 2017

Updated on Nov 2017
Montenegro

1.57

Jun 2017

0.74

Mar 2017

-7.10

Mar 2012

11.16

Mar 2011

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Morocco

1.57

2016

4.23

2015

0.83

2002

6.78

2001

%

yearly

2000 - 2016

Updated on 2017
Myanmar

6.20

2017

6.56

2016

2.49

2008

137.17

2012

%

yearly

1992 - 2017

Updated on 2017
Netherlands

1.28

Sep 2017

1.38

Jun 2017

-5.52

Mar 2009

3.49

Jun 2010

%

quarterly

Mar 2004 - Sep 2017

Updated on Nov 2017
New Zealand

-0.55

Jun 2017

-3.37

Mar 2017

-3.37

Mar 2017

9.33

Jun 1989

%

quarterly

Jun 1988 - Jun 2017

Updated on Sep 2017
Nigeria

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
Norway

3.21

Sep 2017

-0.33

Jun 2017

-4.54

Mar 2008

6.86

Jun 2002

%

quarterly

Mar 1996 - Sep 2017

Updated on Nov 2017
Oman

-1.55

2015

-1.15

2014

-13.01

2007

17.70

2003

%

yearly

1999 - 2015

Updated on 2017
Pakistan

3.09

2015

4.79

2014

-3.38

2006

4.79

2014

%

yearly

2001 - 2015

Updated on 2017
Peru

2.24

2016

2.50

2015

-2.35

2003

7.17

2008

%

yearly

2002 - 2016

Updated on 2017
Philippines

2.48

2016

3.22

2015

-11.68

1985

6.21

2014

%

yearly

1985 - 2016

Updated on 2017
Poland

3.59

Sep 2017

2.28

Jun 2017

-1.55

Dec 2008

15.79

Mar 2000

%

quarterly

Dec 1999 - Sep 2017

Updated on Dec 2017
Portugal

-0.51

Sep 2017

-0.41

Jun 2017

-1.26

Jun 2014

2.23

Jun 2013

%

quarterly

Mar 2012 - Sep 2017

Updated on Nov 2017
Qatar

-2.73

2016

-10.66

2015

-10.66

2015

-0.79

2012

%

yearly

2012 - 2016

Updated on 2017
Romania

0.88

Jun 2017

4.77

Mar 2017

-7.22

Jun 2009

11.94

Sep 2004

%

quarterly

Mar 2003 - Jun 2017

Updated on Oct 2017
Russia

2.96

Jun 2017

0.39

Mar 2017

-8.29

Jun 2009

8.71

Mar 2008

%

quarterly

Mar 2005 - Jun 2017

Updated on Oct 2017
Saudi Arabia

0.33

2015

0.48

2014

-27.72

1982

25.26

1990

%

yearly

1971 - 2015

Updated on 2017
Singapore

5.50

Sep 2017

3.20

Jun 2017

-14.10

Mar 2009

15.10

Jun 2010

%

quarterly

Mar 1986 - Sep 2017

Updated on Nov 2017
Slovakia

2.26

Jun 2017

0.89

Mar 2017

-5.71

Mar 2009

10.72

Mar 2010

%

quarterly

Mar 1996 - Jun 2017

Updated on Dec 2017
Slovenia

1.76

Sep 2017

1.77

Jun 2017

-8.48

Jun 2009

9.37

Jun 1997

%

quarterly

Mar 1996 - Sep 2017

Updated on Nov 2017
South Africa

-1.44

Sep 2017

-2.20

Jun 2017

-3.82

Dec 2015

8.38

Mar 2010

%

quarterly

Mar 2009 - Sep 2017

Updated on Dec 2017
South Korea

2.68

Sep 2017

1.29

Jun 2017

-1.87

Dec 2008

16.36

Mar 1984

%

quarterly

Sep 1983 - Sep 2017

Updated on Nov 2017
Spain

0.15

Sep 2017

0.58

Jun 2017

-0.91

Dec 2004

3.22

Sep 2009

%

quarterly

Mar 1996 - Sep 2017

Updated on Nov 2017
Sri Lanka

-0.10

Jun 2017

0.51

Mar 2017

-0.10

Jun 2017

9.55

Dec 2014

%

quarterly

Jun 2013 - Jun 2017

Updated on Oct 2017
Sudan

3.29

2010

11.96

2009

-9.26

2008

25.55

1996

%

yearly

1996 - 2010

Updated on 2015
Sweden

-0.10

Sep 2017

-0.74

Jun 2017

-5.34

Dec 2008

6.38

Dec 2010

%

quarterly

Mar 1994 - Sep 2017

Updated on Nov 2017
Switzerland

0.36

Sep 2017

-0.57

Jun 2017

-1.26

Dec 2011

1.79

Sep 2013

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Syria

-8.78

2017

-11.99

2016

-17.19

2013

8.27

1992

%

yearly

1992 - 2017

Updated on 2017
Taiwan

2.31

Sep 2017

1.52

Jun 2017

-8.06

Dec 2008

11.02

Mar 2010

%

quarterly

Mar 1979 - Sep 2017

Updated on Nov 2017
Tajikistan

3.59

2015

5.87

2014

-26.69

1992

9.28

2003

%

yearly

1991 - 2015

Updated on 2017
Thailand

5.96

Sep 2017

3.42

Jun 2017

-6.07

Mar 2009

13.32

Dec 2012

%

quarterly

Mar 2008 - Sep 2017

Updated on Nov 2017
Tunisia

1.46

2015

0.55

2014

-1.05

2002

3.94

2007

%

yearly

2001 - 2015

Updated on 2017
Turkey

2.36

Jun 2017

3.44

Mar 2017

-13.78

Mar 2009

8.34

Jun 2006

%

quarterly

Mar 2006 - Jun 2017

Updated on Oct 2017
Ukraine

5.78

Jun 2017

3.56

Mar 2017

-16.74

Mar 2009

13.03

Mar 2004

%

quarterly

Mar 2003 - Jun 2017

Updated on Sep 2017
United Arab Emirates

2.39

2016

-0.42

2011

-19.52

2008

4.00

2004

%

yearly

2002 - 2016

Updated on 2017
United Kingdom

0.41

Jun 2017

0.63

Mar 2017

-4.86

Mar 2009

7.97

Mar 1973

%

quarterly

Jun 1972 - Jun 2017

Updated on Sep 2017
United States

0.97

Sep 2017

0.85

Jun 2017

-2.65

Mar 1974

9.72

Dec 1950

%

quarterly

Mar 1949 - Sep 2017

Updated on Nov 2017
Uruguay

7.18

2010

2.07

2009

-17.92

2006

11.14

1998

%

yearly

1998 - 2010

Updated on 2016
Venezuela

-6.45

2017

-11.48

2016

-11.48

2016

14.44

2004

%

yearly

1992 - 2017

Updated on 2017
Vietnam

6.42

2016

6.29

2015

3.74

2006

26.48

2008

%

yearly

2004 - 2016

Updated on 2017
Yemen

0.27

2010

1.23

2009

-8.93

2005

1.27

2006

%

yearly

2005 - 2010

Updated on 2015

More Indicators for Nigeria

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

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 2017
Business Confidence: Net Balance

-17.6

Sep 2017

-7.4

Jun 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment

891.3

Jun 2017

853.9

Mar 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Imports Growth

-0.4

Aug 2017

20.4

Jul 2017

-66.4

Feb 1986

114.0

Jan 2011

%

monthly

Jan 1982 - Aug 2017

Updated on Nov 2017
Money Supply M2

73,742.58

Oct 2017

71,889.13

Sep 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Forecast: Government Revenue

17,506.73

2022

14,722.87

2021

1,986.95

2000

17,506.73

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

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

1.4

Sep 2017

0.7

Jun 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Domestic Credit Growth

1.8

Oct 2017

2.8

Sep 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Oct 2017

Updated on Nov 2017
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Total Imports

2,769.2

Aug 2017

2,857.9

Jul 2017

230.8

Feb 1986

6,404.8

Apr 2011

USD mn

monthly

Jan 1981 - Aug 2017

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

20.24

Oct 2017

20.25

Sep 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Oct 2017

Updated on Nov 2017
Forecast: Nominal GDP Per Capita

2,929.74

2022

2,901.87

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017
Public Consumption: % of GDP

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 2017
Equity Market Index

37,944.6

Nov 2017

36,680.3

Oct 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Nov 2017

Updated on Nov 2017
Domestic Credit

89,061.6

Oct 2017

88,364.3

Sep 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017
Visitor Arrivals

1,255,000

2015

600,000

2013

486,000

2012

1,555,000

2010

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

12.72

Oct 2017

12.72

Sep 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Oct 2017

Updated on Nov 2017
Forecast: Government Expenditure

26,862.74

2022

22,847.78

2021

1,706.56

2000

26,862.74

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Motor Vehicle Sales: Commercial Cars

3,800.00

Dec 2016

1,900.00

Jun 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Crude Oil: Production

1,738.00

Oct 2017

1,792.00

Sep 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Oct 2017

Updated on Nov 2017
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Short Term Interest Rate

20.18

Nov 2017

21.54

Oct 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Nov 2017

Updated on Dec 2017
Gold Reserves

0.06

Sep 2017

0.06

Aug 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Sep 2017

Updated on Nov 2017
Forecast: Government Net Debt

65,175.03

2022

54,961.19

2021

358.18

1990

65,175.03

2022

NGN bn

yearly

1990 - 2022

Updated on 2017
Motor Vehicle Sales: Passenger Cars

19,200.00

Dec 2016

6,900.00

Jun 2016

6,900.00

Jun 2016

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

9.5

Sep 2017

14.0

Jun 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
Direct Investment Abroad

313.7

Jun 2017

328.7

Mar 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports

3,595.6

Aug 2017

3,694.3

Jul 2017

322.9

Oct 1986

11,709.9

Aug 2011

USD mn

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
Bank Lending Rate

17.86

Oct 2017

17.88

Sep 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Oct 2017

Updated on Nov 2017
Consumer Confidence: Net Balance

34.8

Sep 2017

34.2

Jun 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Sep 2017

Updated on Oct 2017
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 2017
Trade Balance

492.5

Jun 2017

798.4

May 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
Forecast: GDP PPP Per Capita

6,242.81

2022

6,185.37

2021

2,026.44

1991

6,242.81

2022

PPP Intl $

yearly

1990 - 2022

Updated on 2017
Consumer Confidence Growth

2.7

Sep 2017

0.7

Jun 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Sep 2017

Updated on Oct 2017
Exchange Rate against USD

305.405

Nov 2017

305.124

Oct 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Nov 2017

Updated on Nov 2017
Foreign Exchange Reserves

34,945.6

Nov 2017

33,786.2

Oct 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Nov 2017

Updated on Dec 2017
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 2017
Consumer Price Index CPI Growth

15.9

Oct 2017

16.0

Sep 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Oct 2017

Updated on Nov 2017
External Debt

15,352.1

Sep 2017

15,047.0

Jun 2017

3,287.7

Mar 2007

15,352.1

Sep 2017

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Real Effective Exchange Rate

126.5

Oct 2017

123.7

Sep 2017

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Oct 2017

Updated on Nov 2017
Gross National Product

396,373.09

2016

470,329.01

2015

4,173.70

1960

548,655.75

2014

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2017
Labour Force Participation Rate

56.5

2017

56.4

2016

54.8

2004

57.0

1990

%

yearly

1990 - 2017

Updated on 2017
Current Account Balance: % of GDP

1.6

Jun 2017

3.2

Mar 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
M2 Growth

4.8

Apr/2017

7.6

Mar/2017

-2.2

Nov/2013

100.1

Mar/2008

%

monthly

Nov/1993 - Apr/2017

Updated on May/2017
Reserve Requirement Ratio

22.5

Nov 2017

22.5

Oct 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Nov 2017

Updated on Nov 2017
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 Oct 2017
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2017
Business Confidence Growth

6.7

Sep 2017

-0.4

Jun 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Sep 2017

Updated on Oct 2017
Foreign Direct Investment: % of GDP

1.0

Jun 2017

1.0

Mar 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Jun 2017

Updated on Nov 2017
Policy Rate

14.00

Nov 2017

14.00

Oct 2017

6.00

Aug 2010

14.00

Nov 2017

% pa

monthly

Dec 2006 - Nov 2017

Updated on Nov 2017
Gross Fixed Capital Formation

12,518.55

Dec 2016

11,053.34

Sep 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on Oct 2017
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 2017
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

-1.1

Mar 2017

-8.7

Dec 2016

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on Nov 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

14.50

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017
Imports: Telecommunication Equipment

1,472,076.43

2016

1,678,702.84

2015

122,369.76

2000

2,587,404.96

2008

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Television

233,037.11

2016

291,353.60

2015

18,501.00

2004

515,894.12

2014

USD th

yearly

1995 - 2016

Updated on 2017
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
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Medicament

206,780.69

2016

253,802.12

2015

26,577.00

2004

364,249.10

2014

USD th

yearly

1995 - 2016

Updated on 2017
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2017
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2017
Total Deposits

115,177.95

2014

108,027.98

2013

8,990.28

2001

115,177.95

2014

USD mn

yearly

2001 - 2014

Updated on 2017
Imports: ICT Goods

1,821,759.16

2014

1,599,075.80

2013

142,895.81

2000

2,928,318.22

2010

USD th

yearly

2000 - 2014

Updated on 2016
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
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
Teledensity: Mobile

81.82

2016

82.19

2015

0.00

1992

82.19

2015

Number

yearly

1960 - 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

56,280.9

Sep 2017

54,466.3

Jun 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Sep 2017

Updated on Nov 2017
Nominal GDP

96,465.1

Sep 2017

88,546.0

Jun 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Sep 2017

Updated on Nov 2017
Current Account Balance

1,414.2

Jun 2017

2,733.2

Mar 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Electricity Production

7,560

Mar 2017

6,913

Dec 2016

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Mar 2017

Updated on Jul 2017
Liquid Assets Ratio

21.4

May 2017

23.3

Mar 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - May 2017

Updated on Jul 2017
Motor Vehicles Sales

23,000

2016

20,000

2015

12,000

2008

53,900

2014

Unit

yearly

2005 - 2016

Updated on 2017
Foreign Exchange Reserves: Months of Import

11.5

Aug 2017

10.8

Jul 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Aug 2017

Updated on Nov 2017
Foreign Portfolio Investment

1,484.30

Jun 2017

1,438.47

Mar 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Total Exports Growth

18.0

Aug 2017

4.1

Jul 2017

-74.9

Oct 1986

207.2

Feb 2000

%

monthly

Jan 1982 - Aug 2017

Updated on Nov 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

10.98

Sep 2017

14.79

Jun 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Sep 2017

Updated on Nov 2017
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 Oct 2017
Money Supply M1

34,061.79

Oct 2017

32,955.74

Sep 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Oct 2017

Updated on Nov 2017
Foreign Exchange Reserves: % of GDP

8.88

Sep 2017

8.49

Jun 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Sep 2017

Updated on Nov 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