Nigeria Nominal GDP
2010 - 2020 | Quarterly | USD mn | CEIC Data
Nigeria's Nominal GDP reached 105.0 USD bn in Sep 2020, compared with 94.4 USD bn in the previous quarter. Nominal GDP in Nigeria is updated quarterly, available from Mar 2010 to Sep 2020, with an average number of 113.1 USD bn. The data reached an all-time high of 151.1 USD bn in Dec 2014 and a record low of 85.0 USD bn in Mar 2010. CEIC converts quarterly Nominal GDP into USD. The National Bureau of Statistics of the Federal Republic of Nigeria provides Nominal GDP in local currency, at basic prices. The Central Bank of Nigeria average market exchange rate is used for currency conversions.
In the latest reports, Nigeria's GDP contracted 6.1 % YoY in Jun 2020. Its GDP deflator (implicit price deflator) increased 3.5 % in Jun 2020. Nigeria's GDP Per Capita reached 2,341.9 USD in Dec 2019. Its Gross Savings Rate was measured at 20.6 % in Dec 2019.
What was Nigeria's Nominal GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
|
105,005.3 USD mn Sep 2020 quarterly Mar 2010 - Sep 2020 |
94,377.8 USD mn Jun 2020 quarterly Mar 2010 - Sep 2020 |
85,041.6 Mar 2010 |
151,076.2 Dec 2014 |
USD mn |
quarterly |
Mar 2010 - Sep 2020 Updated on 23 Nov 2020 |
Nominal GDP by Country Comparison
| Country/Region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) |
3,216.2 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Algeria (USD mn) |
40,083.4 Mar 2020 |
quarterly |
Mar 1999 - Mar 2020 |
| Argentina (USD mn) |
87,180.6 Jun 2020 |
quarterly |
Mar 2004 - Jun 2020 |
| Armenia (USD mn) |
3,593.3 Sep 2020 |
quarterly |
Dec 1994 - Sep 2020 |
| Australia (USD mn) |
307,619.3 Jun 2020 |
quarterly |
Sep 1959 - Jun 2020 |
| Austria (USD mn) |
94,521.0 Jun 2020 |
quarterly |
Mar 1988 - Jun 2020 |
| Azerbaijan (USD mn) |
10,668.2 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Bahrain (USD mn) |
7,943.7 Jun 2020 |
quarterly |
Mar 2007 - Jun 2020 |
| Bangladesh (USD mn) |
329,803.7 2020 |
yearly |
1960 - 2020 |
| Belarus (USD mn) |
13,789.2 Jun 2020 |
quarterly |
Mar 1994 - Jun 2020 |
| Belgium (USD mn) |
112,669.9 Jun 2020 |
quarterly |
Mar 1980 - Jun 2020 |
| Bolivia (USD mn) |
7,649.5 Jun 2020 |
quarterly |
Mar 1990 - Jun 2020 |
| Bosnia and Herzegovina (USD mn) |
4,470.5 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Botswana (USD mn) |
3,076.3 Jun 2020 |
quarterly |
Sep 1993 - Jun 2020 |
| Brazil (USD mn) |
361,567.0 Sep 2020 |
quarterly |
Mar 1990 - Sep 2020 |
| Brunei (USD mn) |
2,798.5 Jun 2020 |
quarterly |
Mar 2003 - Jun 2020 |
| Bulgaria (USD mn) |
18,660.3 Sep 2020 |
quarterly |
Mar 1995 - Sep 2020 |
| Cambodia (USD mn) |
27,030.5 2019 |
yearly |
1993 - 2019 |
| Canada (USD mn) |
358,976.7 Jun 2020 |
quarterly |
Mar 1957 - Jun 2020 |
| Chile (USD mn) |
60,618.8 Sep 2020 |
quarterly |
Mar 1990 - Sep 2020 |
| China (USD mn) |
3,849,809.8 Sep 2020 |
quarterly |
Mar 1992 - Sep 2020 |
| Colombia (USD mn) |
65,465.5 Sep 2020 |
quarterly |
Mar 2000 - Sep 2020 |
| Croatia (USD mn) |
12,287.1 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Cyprus (USD mn) |
5,335.9 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Czech Republic (USD mn) |
54,014.7 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Denmark (USD mn) |
80,573.1 Jun 2020 |
quarterly |
Mar 1990 - Jun 2020 |
| Ecuador (USD mn) |
23,549.8 Jun 2020 |
quarterly |
Mar 1991 - Jun 2020 |
| Egypt (USD mn) |
82,655.1 Jun 2020 |
quarterly |
Sep 2001 - Jun 2020 |
| Estonia (USD mn) |
6,989.4 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| European Union (USD mn) |
3,368,487.8 Jun 2020 |
quarterly |
Mar 1999 - Jun 2020 |
| Finland (USD mn) |
63,081.6 Jun 2020 |
quarterly |
Mar 1990 - Jun 2020 |
| France (USD mn) |
688,920.4 Sep 2020 |
quarterly |
Mar 1957 - Sep 2020 |
| Georgia (USD mn) |
3,541.9 Jun 2020 |
quarterly |
Mar 2010 - Jun 2020 |
| Germany (USD mn) |
981,744.4 Sep 2020 |
quarterly |
Mar 1960 - Sep 2020 |
| Ghana (USD mn) |
15,342.5 Jun 2020 |
quarterly |
Mar 2006 - Jun 2020 |
| Greece (USD mn) |
43,013.7 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Hong Kong SAR, China (USD mn) |
90,101.2 Sep 2020 |
quarterly |
Mar 1973 - Sep 2020 |
| Hungary (USD mn) |
33,889.9 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Iceland (USD mn) |
4,910.8 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| India (USD mn) |
502,105.6 Jun 2020 |
quarterly |
Jun 1996 - Jun 2020 |
| Indonesia (USD mn) |
264,616.3 Sep 2020 |
quarterly |
Mar 1990 - Sep 2020 |
| Iran (USD mn) |
144,666.7 Mar 2020 |
quarterly |
Jun 1988 - Mar 2020 |
| Ireland (USD mn) |
95,036.9 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Israel (USD mn) |
102,058.4 Sep 2020 |
quarterly |
Mar 1979 - Sep 2020 |
| Italy (USD mn) |
410,277.4 Jun 2020 |
quarterly |
Mar 1980 - Jun 2020 |
| Ivory Coast (USD mn) |
10,091.2 Sep 2018 |
quarterly |
Mar 1997 - Sep 2018 |
| Japan (USD mn) |
1,251,422.2 Sep 2020 |
quarterly |
Mar 1957 - Sep 2020 |
| Jordan (USD mn) |
10,174.6 Jun 2020 |
quarterly |
Mar 1992 - Jun 2020 |
| Kazakhstan (USD mn) |
31,825.0 Jun 2020 |
quarterly |
Mar 1994 - Jun 2020 |
| Kenya (USD mn) |
24,815.1 Jun 2020 |
quarterly |
Mar 2009 - Jun 2020 |
| South Korea (USD mn) |
387,257.0 Jun 2020 |
quarterly |
Mar 1960 - Jun 2020 |
| Kosovo (USD mn) |
1,800.9 Jun 2020 |
quarterly |
Mar 2010 - Jun 2020 |
| Kuwait (USD mn) |
30,136.3 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Kyrgyzstan (USD mn) |
2,204.6 Sep 2020 |
quarterly |
Mar 2000 - Sep 2020 |
| Laos (USD mn) |
18,897.3 2019 |
yearly |
1980 - 2019 |
| Latvia (USD mn) |
7,567.8 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Lebanon (USD mn) |
53,595.4 2019 |
yearly |
1997 - 2019 |
| Lithuania (USD mn) |
12,707.1 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Luxembourg (USD mn) |
17,434.8 Mar 2020 |
quarterly |
Mar 1995 - Mar 2020 |
| Macau SAR, China (USD mn) |
4,891.1 Sep 2020 |
quarterly |
Mar 1998 - Sep 2020 |
| North Macedonia (USD mn) |
2,670.7 Jun 2020 |
quarterly |
Mar 2000 - Jun 2020 |
| Malawi (USD mn) |
10,862.6 2019 |
yearly |
1960 - 2019 |
| Malaysia (USD mn) |
87,631.1 Sep 2020 |
quarterly |
Mar 1991 - Sep 2020 |
| Malta (USD mn) |
3,110.5 Jun 2020 |
quarterly |
Mar 1992 - Jun 2020 |
| Mauritius (USD mn) |
2,087.1 Jun 2020 |
quarterly |
Mar 1999 - Jun 2020 |
| Mexico (USD mn) |
212,975.1 Jun 2020 |
quarterly |
Mar 1993 - Jun 2020 |
| Moldova (USD mn) |
2,512.7 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Mongolia (USD mn) |
3,380.0 Sep 2020 |
quarterly |
Mar 2000 - Sep 2020 |
| Montenegro (USD mn) |
991.4 Jun 2020 |
quarterly |
Mar 2010 - Jun 2020 |
| Morocco (USD mn) |
24,487.4 Jun 2020 |
quarterly |
Mar 1990 - Jun 2020 |
| Mozambique (USD mn) |
15,303.3 2019 |
yearly |
1970 - 2019 |
| Nepal (USD mn) |
32,387.7 2020 |
yearly |
2001 - 2020 |
| Netherlands (USD mn) |
238,048.8 Sep 2020 |
quarterly |
Mar 1988 - Sep 2020 |
| New Zealand (USD mn) |
44,009.5 Jun 2020 |
quarterly |
Jun 1987 - Jun 2020 |
| Nigeria (USD mn) |
105,005.3 Sep 2020 |
quarterly |
Mar 2010 - Sep 2020 |
| Norway (USD mn) |
92,864.8 Sep 2020 |
quarterly |
Mar 1978 - Sep 2020 |
| Oman (USD mn) |
14,301.4 Jun 2020 |
quarterly |
Mar 2005 - Jun 2020 |
| Pakistan (USD mn) |
264,050.6 2020 |
yearly |
2000 - 2020 |
| Palestinian Territory (USD mn) |
4,224.9 Mar 2020 |
quarterly |
Mar 2000 - Mar 2020 |
| Panama (USD mn) |
16,473.8 Mar 2020 |
quarterly |
Mar 2007 - Mar 2020 |
| Paraguay (USD mn) |
8,389.2 Jun 2020 |
quarterly |
Mar 1994 - Jun 2020 |
| Peru (USD mn) |
51,768.7 Sep 2020 |
quarterly |
Mar 1979 - Sep 2020 |
| Philippines (USD mn) |
86,419.8 Sep 2020 |
quarterly |
Mar 1981 - Sep 2020 |
| Poland (USD mn) |
128,951.7 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Portugal (USD mn) |
50,796.4 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Qatar (USD mn) |
32,030.5 Jun 2020 |
quarterly |
Mar 2010 - Jun 2020 |
| Romania (USD mn) |
55,744.3 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Russia (USD mn) |
321,882.9 Jun 2020 |
quarterly |
Mar 1993 - Jun 2020 |
| Saudi Arabia (USD mn) |
150,456.3 Jun 2020 |
quarterly |
Mar 2003 - Jun 2020 |
| Serbia (USD mn) |
11,831.8 Jun 2020 |
quarterly |
Mar 1996 - Jun 2020 |
| Singapore (USD mn) |
83,404.0 Sep 2020 |
quarterly |
Mar 1975 - Sep 2020 |
| Slovakia (USD mn) |
23,008.4 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| Slovenia (USD mn) |
11,785.3 Jun 2020 |
quarterly |
Mar 1995 - Jun 2020 |
| South Africa (USD mn) |
59,820.5 Jun 2020 |
quarterly |
Mar 1960 - Jun 2020 |
| Spain (USD mn) |
336,195.8 Sep 2020 |
quarterly |
Mar 1970 - Sep 2020 |
| Sri Lanka (USD mn) |
21,083.7 Mar 2020 |
quarterly |
Mar 2002 - Mar 2020 |
| Sudan (USD mn) |
50,262.3 2018 |
yearly |
1960 - 2018 |
| Sweden (USD mn) |
125,667.5 Jun 2020 |
quarterly |
Mar 1980 - Jun 2020 |
| Switzerland (USD mn) |
163,729.3 Jun 2020 |
quarterly |
Mar 1970 - Jun 2020 |
| Syria (USD mn) |
21,148.0 2018 |
yearly |
1980 - 2018 |
| Taiwan (USD mn) |
157,765.0 Jun 2020 |
quarterly |
Dec 1983 - Jun 2020 |
| Tajikistan (USD mn) |
325.1 Dec 2019 |
quarterly |
Mar 1993 - Dec 2019 |
| Thailand (USD mn) |
124,814.3 Sep 2020 |
quarterly |
Mar 1993 - Sep 2020 |
| Tunisia (USD mn) |
10,178.2 Dec 2019 |
quarterly |
Mar 2000 - Dec 2019 |
| Turkey (USD mn) |
151,708.2 Jun 2020 |
quarterly |
Mar 1987 - Jun 2020 |
| Ukraine (USD mn) |
32,241.0 Jun 2020 |
quarterly |
Mar 1996 - Jun 2020 |
| United Arab Emirates (USD mn) |
98,789.9 Mar 2020 |
quarterly |
Mar 2012 - Mar 2020 |
| United Kingdom (USD mn) |
692,465.9 Sep 2020 |
quarterly |
Mar 1957 - Sep 2020 |
| United States (USD mn) |
5,289,408.8 Sep 2020 |
quarterly |
Mar 1947 - Sep 2020 |
| Uruguay (USD mn) |
10,717.0 Jun 2020 |
quarterly |
Mar 2005 - Jun 2020 |
| Uzbekistan (USD mn) |
14,946.2 Sep 2020 |
quarterly |
Mar 2016 - Sep 2020 |
| Venezuela (USD mn) |
20,139,533.8 2017 |
yearly |
1995 - 2017 |
| Vietnam (USD mn) |
261,917.7 2019 |
yearly |
1983 - 2019 |
| Zambia (USD mn) |
17,126.2 2019 |
yearly |
2010 - 2019 |
Nigeria Key Series
| Production | Last | Frequency | Range |
|---|---|---|---|
| Industrial Production Index Growth (%) |
-10.1 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Minerals Production (Metric Ton) |
136,888,431.000 2018 |
yearly |
2009 - 2018 |
| Gold Production (kg) |
20.000 2017 |
yearly |
1993 - 2017 |
| Motor Vehicle Production (Unit) |
2,040.000 2008 |
yearly |
1999 - 2008 |
| Industrial Production Index (2010=100) |
97.600 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Industrial Production Index: Manufacturing (2010=100) |
181.500 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Industrial Production Index: Mining (2010=100) |
56.400 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Capacity Utilization Rate: Manufacturing (%) |
55.000 Dec 2018 |
quarterly |
Dec 2008 - Dec 2018 |
| Electricity Generation: Average per Hour (MWh) |
3,574.100 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Electricity Consumption: Average per Hour (MWh) |
3,123.500 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) |
-3.2 Mar 2020 |
quarterly |
Dec 2010 - Mar 2020 |
| Consolidated Fiscal Balance (USD mn) |
-4,673.639 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| National Government Debt (USD mn) |
74,350.1 Jun 2020 |
quarterly |
Dec 2006 - Jun 2020 |
| Government Debt: % of GDP (%) |
18.2 Jun 2020 |
quarterly |
Dec 2010 - Jun 2020 |
| Forecast: Government Expenditure (NGN bn) |
34,920.128 2025 |
yearly |
1990 - 2025 |
| Forecast: Government Net Debt (NGN bn) |
109,473.696 2025 |
yearly |
1990 - 2025 |
| Forecast: Government Revenue (NGN bn) |
21,509.034 2025 |
yearly |
1990 - 2025 |
| Gross Federation Account Revenue (NGN bn) |
2,527.270 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Federal Govt Balance (NGN bn) |
-1,462.910 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Gross Federation Account Revenue: Oil (NGN bn) |
1,523.030 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Federal Govt Revenue (NGN bn) |
864.880 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Federal Govt Expenditure (NGN bn) |
2,327.800 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Federal Govt Expenditure: Recurrent (NGN bn) |
1,757.490 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Government Debt: Domestic (NGN bn) |
15,455.699 Jun 2020 |
quarterly |
Dec 2005 - Jun 2020 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Population (Person mn) |
206.1 2020 |
yearly |
1950 - 2020 |
| Labour Force Participation Rate (%) |
52.7 2020 |
yearly |
1990 - 2020 |
| Employed Persons (Person) |
58,527,276.300 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Unemployment Rate (%) |
27.11 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Productivity Growth (%) |
1.14 Sep 2018 |
quarterly |
Mar 2013 - Sep 2018 |
| Forecast: Population (Person mn) |
233.343 2025 |
yearly |
1980 - 2025 |
| Forecast: Employment (Person mn) |
0.000 |
yearly |
- |
| Forecast: Unemployment Rate (%) |
22.562 2018 |
yearly |
2010 - 2018 |
| Population: Male (Person mn) |
101.447 2017 |
yearly |
2006 - 2017 |
| Population: Female (Person mn) |
98.234 2017 |
yearly |
2006 - 2017 |
| Labour Force: Economically Active (Person) |
80,291,894.000 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Employment: Male (Person) |
21,144,497.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Labour Force: Economically Active: Employment Female (Person) |
14,440,777.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Labour Force: Unemployment: Male (Person) |
9,561,739.700 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Employment (Person) |
58,527,276.300 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Unemployment: Female (Person) |
12,202,877.500 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Unemployment (Person) |
21,764,617.200 Jun 2020 |
quarterly |
Mar 2012 - Jun 2020 |
| Labour Force: Economically Active: Male (Person) |
41,664,913.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| Labour Force: Economically Active: Female (Person) |
38,626,981.000 Jun 2020 |
quarterly |
Mar 2014 - Jun 2020 |
| NG: Employment Index (2010=100) |
112.760 2017 |
yearly |
2010 - 2017 |
| Domestic Trade and Household Survey | Last | Frequency | Range |
|---|---|---|---|
| Motor Vehicles Sales (Unit) |
9,800 2019 |
yearly |
2005 - 2019 |
| Motor Vehicles Sales Growth (%) |
-42.4 2019 |
yearly |
2006 - 2019 |
| Motor Vehicle Sales: Commercial Cars (Unit) |
4,700.000 Dec 2019 |
semiannually |
Dec 2005 - Dec 2019 |
| Motor Vehicle Sales: Passenger Cars (Unit) |
5,100.000 Dec 2019 |
semiannually |
Dec 2005 - Dec 2019 |
| Consumer Confidence: Net Balance (% Point) |
30.5 Sep 2020 |
quarterly |
Jun 2009 - Sep 2020 |
| Consumer Confidence Growth (% Point) |
-1.0 Sep 2020 |
quarterly |
Jun 2010 - Sep 2020 |
| Inflation | Last | Frequency | Range |
|---|---|---|---|
| Consumer Price Index CPI Growth (%) |
14.2 Oct 2020 |
monthly |
Jan 1961 - Oct 2020 |
| Core CPI Change (%) |
11.710 Oct 2020 |
monthly |
Jan 1996 - Oct 2020 |
| CPI: Food and Non Alcoholic Beverage Change (%) |
17.288 Oct 2020 |
monthly |
Jan 1996 - Oct 2020 |
| Forecast: Consumer Price Index Growth (%) |
10.642 2025 |
yearly |
1996 - 2025 |
| Consumer Price Index (Nov2009=100) |
344.731 Oct 2020 |
monthly |
Jan 1995 - Oct 2020 |
| Consumer Price Index: Food and Non Alcoholic Beverages (Nov2009=100) |
387.690 Oct 2020 |
monthly |
Jan 1995 - Oct 2020 |
| Consumer Price Index: Alcoholic Beverages, Tobacco and Kola (Nov2009=100) |
259.786 Oct 2020 |
monthly |
Jan 1995 - Oct 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) |
3.768 2025 |
yearly |
1991 - 2025 |
| Trade Balance (USD mn) |
-2,239.0 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Total Exports (USD mn) |
4,089.1 Aug 2020 |
monthly |
Jan 1981 - Aug 2020 |
| Total Exports Growth (%) |
-27.9 Aug 2020 |
monthly |
Jan 1982 - Aug 2020 |
| Aluminum: Exports (USD th) |
107,795.596 2019 |
yearly |
1995 - 2019 |
| Exports: Medicament (USD th) |
1,226.579 2019 |
yearly |
1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) |
302.933 2019 |
yearly |
1995 - 2019 |
| Total Imports (USD mn) |
3,283.9 Aug 2020 |
monthly |
Jan 1981 - Aug 2020 |
| Total Imports Growth (%) |
-13.5 Aug 2020 |
monthly |
Jan 1982 - Aug 2020 |
| Imports: Medicament (USD th) |
1,128,625.385 2019 |
yearly |
1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) |
348,770.759 2019 |
yearly |
1995 - 2019 |
| Total Exports to USA (USD mn) |
39.181 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Total Imports from USA (USD mn) |
440.409 Jun 2020 |
monthly |
Dec 2009 - Jun 2020 |
| Total Exports to China (USD mn) |
344.800 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Total Imports from China (USD mn) |
1,452.891 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Exports: Crude Oil (NGN mn) |
623,271.244 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports (NGN mn) |
1,590,021.685 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Exports (NGN mn) |
782,851.281 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Exports: Europe: ow UK (NGN mn) |
13,378.584 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Exports: Europe: ow Netherlands (NGN mn) |
75,273.892 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Exports: America: ow USA (NGN mn) |
14,124.768 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Europe: ow Germany (NGN mn) |
49,670.989 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Europe: ow UK (NGN mn) |
29,930.591 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Europe: ow Netherlands (NGN mn) |
90,924.347 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Asia: ow China (NGN mn) |
523,767.270 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Imports: America: ow USA (NGN mn) |
158,767.573 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) |
31,542.858 2019 |
yearly |
2003 - 2019 |
| Exports: Vegetable Products (NGN mn) |
155,226.703 2019 |
yearly |
2003 - 2019 |
| Exports: Mineral Products (NGN mn) |
16,729,111.795 2019 |
yearly |
2003 - 2019 |
| Imports: Food and Live Animals (NGN mn) |
215,093.364 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) |
80,033.430 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Chemicals and Chemical Products (NGN mn) |
320,194.264 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Imports: Machinery and Transport Equipment (NGN mn) |
653,287.398 Jun 2020 |
monthly |
Jan 2003 - Jun 2020 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) |
370.7 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Current Account Balance (USD mn) |
-3,232.3 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Current Account Balance: % of GDP (%) |
-3.4 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Foreign Direct Investment (USD mn) |
895.4 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Foreign Direct Investment: % of GDP (%) |
0.9 Jun 2020 |
quarterly |
Mar 2010 - Jun 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) |
127.0 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Foreign Portfolio Investment: % of GDP (%) |
-0.1 Jun 2020 |
quarterly |
Mar 2010 - Jun 2020 |
| Foreign Portfolio Investment (USD mn) |
-56.030 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| Foreign Portfolio Investment: Debt Securities (USD mn) |
-183.072 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| External Debt (USD mn) |
8,991.3 Mar 2013 |
quarterly |
Jun 2011 - Mar 2013 |
| External Debt: % of GDP (%) |
1.9 2012 |
yearly |
2011 - 2012 |
| External Debt: Short Term (USD mn) |
310.7 2018 |
yearly |
2008 - 2018 |
| External Debt: Short Term: % of GDP (%) |
0.1 2018 |
yearly |
2008 - 2018 |
| Forecast: Current Account Balance (USD bn) |
-4.059 2025 |
yearly |
1980 - 2025 |
| Net International Investment Position (USD mn) |
-72,916.692 2019 |
yearly |
2005 - 2019 |
| BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) |
2,314.839 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Services: Credit (USD mn) |
822.669 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Assets (USD mn) |
992.140 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Current Transfers: Debit (USD mn) |
-124.411 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account (USD mn) |
4,146.346 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Capital Account (USD mn) |
0.000 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) |
-24.653 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Services (USD mn) |
-2,562.782 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Assets: Other Investment (USD mn) |
3,464.812 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) |
-56.030 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Current Transfers: Credit (USD mn) |
4,030.044 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Assets: Direct Investment (USD mn) |
-370.734 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) |
-2,077.285 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CF: Financial Account: Liabilities (USD mn) |
3,154.206 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Current Transfers (USD mn) |
3,905.633 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Services: Debit (USD mn) |
-3,385.451 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: Net Errors & Omission (USD mn) |
-914.068 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Goods (USD mn) |
-3,736.259 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Goods: Credit (USD mn) |
6,334.341 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Goods: Debit (USD mn) |
-10,070.600 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Income (USD mn) |
-838.870 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Income: Credit (USD mn) |
402.271 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| BoP: CA: Income: Debit (USD mn) |
-1,241.141 Jun 2020 |
quarterly |
Mar 2008 - Jun 2020 |
| External Debt: Government: International Capital Market (USD mn) |
10,868.350 Jun 2020 |
quarterly |
Mar 2011 - Jun 2020 |
| External Debt: Service Payments (USD mn) |
194.440 Dec 2018 |
quarterly |
Mar 2008 - Dec 2018 |
| Capital Inflow: Foreign Direct Investment (USD) |
121,386,927.600 Jun 2020 |
monthly |
Jan 2007 - Jun 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) |
11.4 2018 |
yearly |
2003 - 2018 |
| Money Supply M1 (USD mn) |
37,325.400 Oct 2020 |
monthly |
Nov 1992 - Oct 2020 |
| Money Supply M2 (USD mn) |
94,034.037 Oct 2020 |
monthly |
Nov 1992 - Oct 2020 |
| M2 Growth (%) |
28.3 Oct 2020 |
monthly |
Nov 1993 - Oct 2020 |
| Reserve Requirement Ratio (%) |
27.5 Oct 2020 |
monthly |
Nov 2005 - Oct 2020 |
| Foreign Exchange Reserves (USD mn) |
35,689.5 Oct 2020 |
monthly |
Jan 1960 - Oct 2020 |
| Foreign Exchange Reserves: % of GDP (%) |
8.078 Sep 2020 |
quarterly |
Dec 2010 - Sep 2020 |
| Foreign Exchange Reserves: Months of Import (NA) |
10.9 Aug 2020 |
monthly |
Jan 1981 - Aug 2020 |
| Gold Reserves (USD mn) |
0.062 Jan 2018 |
monthly |
Dec 1950 - Jan 2018 |
| Total Deposits (USD mn) |
84,227.541 Dec 2019 |
monthly |
Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) |
2.6 Dec 2019 |
monthly |
Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) |
104,090.9 Oct 2020 |
monthly |
Nov 1992 - Oct 2020 |
| Domestic Credit Growth (%) |
13.1 Oct 2020 |
monthly |
Nov 1993 - Oct 2020 |
| Private Debt: % of Nominal GDP (%) |
11.06 Jun 2020 |
quarterly |
Dec 2010 - Jun 2020 |
| Monetary Survey: Liabilities: M3 (NGN mn) |
35,345,802.020 Jun 2020 |
monthly |
Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: M2 (NGN mn) |
35,690,618.570 Oct 2020 |
monthly |
Nov 1992 - Oct 2020 |
| Non Performing Loans to Gross Loans (%) |
9.335 Jun 2019 |
semiannually |
Dec 2003 - Jun 2019 |
| Banking Statistics | Last | Frequency | Range |
|---|---|---|---|
| Liquid Assets Ratio (%) |
32.5 Mar 2020 |
monthly |
Jun 2001 - Mar 2020 |
| Capital Adequacy Ratio (%) |
15.3 2018 |
yearly |
2004 - 2018 |
| Monetary Authorities: Assets (NGN mn) |
43,854,805.160 Dec 2019 |
monthly |
Dec 2001 - Dec 2019 |
| Central Bank of Nigeria: Assets (NGN th) |
30,292,360,188.000 Dec 2019 |
monthly |
Jan 2005 - Dec 2019 |
| Banking Sector: Regulatory Capital to Risk Weighted Assets (%) |
15.272 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Tier 1 Capital to Risk Weighted Assets (%) |
13.555 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Liquid Assets to Total Assets (%) |
22.640 Dec 2018 |
semiannually |
Jun 2008 - Dec 2018 |
| Banking Sector: Liquid Assets to Short Term Liabilities (%) |
35.106 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Return on Assets (%) |
2.529 Jun 2019 |
semiannually |
Jun 2008 - Jun 2019 |
| Banking Sector: Interest Margin to Gross Income (%) |
67.270 Dec 2018 |
semiannually |
Jun 2008 - Dec 2018 |
| Interest and Foreign Exchange Rates | Last | Frequency | Range |
|---|---|---|---|
| Bank Lending Rate (% pa) |
11.310 Oct 2020 |
monthly |
Jan 2006 - Oct 2020 |
| Exchange Rate against USD (NGN/USD) |
379.550 Oct 2020 |
monthly |
Jan 1957 - Oct 2020 |
| Policy Rate (% pa) |
11.50 Oct 2020 |
monthly |
Dec 2006 - Oct 2020 |
| Short Term Interest Rate (% pa) |
0.95 Oct 2020 |
monthly |
Jan 2010 - Oct 2020 |
| Real Effective Exchange Rate (2005=100) |
128.7 Oct 2020 |
monthly |
Dec 1979 - Oct 2020 |
| Deposit Rate: Savings Deposits (% pa) |
1.870 Oct 2020 |
monthly |
Jan 2006 - Oct 2020 |
| Prime Lending Rate (% pa) |
11.760 Aug 2020 |
monthly |
Jan 2006 - Aug 2020 |
| Energy | Last | Frequency | Range |
|---|---|---|---|
| Electricity Production (GWh) |
7,720 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Natural Gas Production: OPEC: Marketed Production (Cub m mn) |
47,827.878 2019 |
yearly |
1963 - 2019 |
| Natural Gas: Exports (Cub m mn) |
35,953.100 2019 |
yearly |
1960 - 2019 |
| Crude Oil: Production (Barrel/Day th) |
1,488.000 Oct 2020 |
monthly |
Jan 2002 - Oct 2020 |
| Crude Oil: Exports (Barrel/Day th) |
2,008.228 2019 |
yearly |
1980 - 2019 |
| Tourism | Last | Frequency | Range |
|---|---|---|---|
| Visitor Arrivals (Person) |
5,265,000 2016 |
yearly |
1995 - 2016 |
| Visitor Arrivals Growth (%) |
-12.5 2016 |
yearly |
1996 - 2016 |
| Tourism Revenue (USD mn) |
1,977 2018 |
yearly |
1995 - 2018 |
| Tourism Revenue Growth (%) |
-24.4 2018 |
yearly |
1996 - 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence: Net Balance (% Point) |
1.3 Oct 2020 |
monthly |
Feb 2018 - Oct 2020 |
| Business Confidence Growth (% Point) |
-18.2 Nov 2020 |
monthly |
Jul 2015 - Nov 2020 |
| Financial Market | Last | Frequency | Range |
|---|---|---|---|
| Equity Market Index (03Jan1984=100) |
30,530.7 Oct 2020 |
monthly |
Jan 1985 - Oct 2020 |
| Market Capitalization: % of GDP (%) |
9.0 2019 |
yearly |
1985 - 2019 |
| Market Capitalization (USD mn) |
36,955.276 Sep 2020 |
monthly |
Jan 1985 - Sep 2020 |
| P/E ratio (NA) |
19.113 2019 |
yearly |
2014 - 2019 |
| Market Capitalization: Nigeria Stock Exchange (NGN tn) |
33.199 Oct 2020 |
monthly |
Jun 2008 - Oct 2020 |
| Transport and Telecommunications | Last | Frequency | Range |
|---|---|---|---|
| Motor Vehicle Registered (Unit th) |
3,750.000 2015 |
yearly |
2005 - 2015 |
| Container Port Throughput (TEU) |
1,484,000.000 2019 |
yearly |
2008 - 2019 |
| Liner Shipping Connectivity Index (2004=100) |
18.960 2018 |
yearly |
2004 - 2018 |
| Number of Subscriber Fixed Line (Unit) |
140,491.000 2018 |
yearly |
1960 - 2018 |
| Number of Subscriber Mobile (Person) |
172,730,603.000 2018 |
yearly |
1960 - 2018 |
| Teledensity: Fixed Line (Number) |
0.072 2018 |
yearly |
1960 - 2018 |
| Teledensity: Mobile (Number) |
88.184 2018 |
yearly |
1960 - 2018 |
| Exports: ICT Goods (USD th) |
40.102 2018 |
yearly |
2000 - 2018 |
| Exports: Telecommunication Equipment (USD th) |
8,002.164 2019 |
yearly |
1995 - 2019 |
| Exports: Television (USD th) |
746.418 2019 |
yearly |
1995 - 2019 |
| Imports: ICT Goods (USD th) |
1,323,695.494 2018 |
yearly |
2000 - 2018 |
| Imports: Telecommunication Equipment (USD th) |
1,355,349.118 2019 |
yearly |
1995 - 2019 |
| Imports: Television (USD th) |
234,684.742 2019 |
yearly |
1995 - 2019 |
| Passenger Traffic: Airport (Person) |
17,230,438.000 2018 |
yearly |
2003 - 2018 |