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Nigeria Nominal GDP Growth

2011 - 2018 | Quarterly | % | CEIC Data

Nigeria’s Nominal GDP Growth was reported at 9.359 % in Mar 2018. This records an increase from the previous number of 7.221 % for Dec 2017. Nigeria’s Nominal GDP Growth data is updated quarterly, averaging 11.217 % from Mar 2011 to Mar 2018, with 29 observations. The data reached an all-time high of 17.859 % in Jun 2012 and a record low of 3.011 % in Jun 2016. Nigeria’s Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data. The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Middle East and Africa. CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Bureau of Statistics of the Federal Republic of Nigeria provides Nominal GDP in local currency, at basic prices.

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What was Nigeria's Nominal GDP Growth in Mar 2018?

Last

9.359

Mar 2018
Previous

7.221

Dec 2017
Min

3.011

Jun 2016
Max

17.859

Jun 2012
Unit

%

Frequency

quarterly

Range

Mar 2011 - Mar 2018

Updated on 21 May 2018
Last Previous Min Max Unit Frequency Range

9.359

Mar 2018

7.221

Dec 2017

3.011

Jun 2016

17.859

Jun 2012

%

quarterly

Mar 2011 - Mar 2018

Updated on 21 May 2018

View Nigeria's Nominal GDP Growth from Mar 2011 to Mar 2018 in the chart:

Nigeria Nominal GDP Growth

Series Details
Series ID

384164137

Name

Nigeria Nominal GDP Growth

Country

Nigeria

Frequency

Quarterly

Unit

%

Status

Active

Source

CEIC Data

First Date

Mar 2011

Last Date

Mar 2018

Last Updated

21 May 2018

Statistics
Mean

11.053

Variance

16.048

Standard deviation

4.006

Skewness

-0.224

Kurtosis

-0.700

Coefficient variation

0.362

Median

11.217

Max
Jun 2012

17.859

Min
Jun 2016

3.011

Previous observation
Dec 2017

7.221

Last observation
Mar 2018

9.359

Number of Observations

29

Get This Data

More Countries/Regions for Nominal GDP Growth

Country/Region Last Previous Min Max Unit Frequency Range
Albania

5.933

Mar 2018

3.852

Dec 2017

-1.812

Sep 2013

13.522

Dec 2010

%

quarterly

Mar 2009 - Mar 2018

Updated on 2018-06-29
Algeria

8.616

2017

4.219

2016

-17.797

1962

61.159

1974

%

yearly

1951 - 2017

Updated on 2018-05-08
Argentina

30.778

Mar 2018

28.981

Dec 2017

3.096

Jun 2009

41.160

Jun 2016

%

quarterly

Mar 2005 - Mar 2018

Updated on 2018-06-19
Armenia

14.338

Mar 2018

18.069

Dec 2017

-21.537

Sep 2009

24.688

Jun 2003

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-05-16
Australia

3.852

Mar 2018

3.537

Dec 2017

-1.548

Sep 1961

23.814

Dec 1973

%

quarterly

Sep 1960 - Mar 2018

Updated on 2018-06-06
Austria

5.352

Mar 2018

5.606

Dec 2017

-2.618

Jun 2009

6.689

Dec 2006

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-05-30
Azerbaijan

11.306

Mar 2018

12.563

Dec 2017

-22.916

Mar 2009

67.277

Mar 2007

%

quarterly

Mar 2002 - Mar 2018

Updated on 2018-07-19
Bahrain

5.098

Mar 2018

7.727

Dec 2017

-17.323

Jun 2009

37.988

Sep 2008

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-07-11
Bangladesh

13.295

2018

14.020

2017

12.073

2014

15.218

2012

%

yearly

2007 - 2018

Updated on 2018-04-23
Belarus

18.652

Mar 2018

15.848

Dec 2017

3.716

Jun 2009

142.401

Mar 2001

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-06-29
Belgium

2.718

Jun 2018

2.637

Mar 2018

-3.171

Jun 2009

9.179

Jun 1989

%

quarterly

Mar 1981 - Jun 2018

Updated on 2018-10-02
Bolivia

9.310

Mar 2018

10.418

Dec 2017

-7.659

Sep 2009

26.782

Jun 2008

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-07-27
Bosnia and Herzegovina

3.487

Mar 2018

5.907

Dec 2017

-3.857

Dec 2009

5.907

Dec 2017

%

quarterly

Mar 2009 - Mar 2018

Updated on 2018-07-09
Botswana

5.234

Mar 2018

6.134

Dec 2017

-9.073

Dec 2000

49.922

Mar 2001

%

quarterly

Sep 1994 - Mar 2018

Updated on 2018-06-29
Brazil

3.822

Jun 2018

3.538

Mar 2018

1.090

Dec 1998

4,442.072

Jun 1994

%

quarterly

Mar 1991 - Jun 2018

Updated on 2018-09-24
Brunei

7.751

Dec 2017

5.714

Sep 2017

-18.868

Mar 2015

7.836

Jun 2017

%

quarterly

Mar 2014 - Dec 2017

Updated on 2018-04-30
Bulgaria

7.042

Mar 2018

3.930

Dec 2017

-7.136

Mar 1999

1,355.091

Jun 1997

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-07
Cambodia

10.293

2017

10.650

2016

2.593

2009

20.132

2005

%

yearly

1994 - 2017

Updated on 2018-06-25
Canada

3.768

Mar 2018

4.878

Dec 2017

-7.694

Jun 2009

20.636

Sep 1974

%

quarterly

Mar 1958 - Mar 2018

Updated on 2018-05-31
Chile

7.510

Mar 2018

6.655

Dec 2017

-4.156

Mar 2009

33.882

Dec 1991

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-18
China

9.782

Jun 2018

10.199

Mar 2018

5.856

Sep 1999

37.382

Jun 1994

%

quarterly

Mar 1993 - Jun 2018

Updated on 2018-07-20
Colombia

8.292

Mar 2018

7.335

Dec 2017

3.151

Mar 2013

15.988

Sep 2011

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-05-23
Croatia

4.046

Mar 2018

3.860

Dec 2017

-6.760

Sep 2009

26.980

Sep 2000

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-01
Cyprus

6.201

Mar 2018

5.158

Dec 2017

-8.067

Dec 2013

11.049

Dec 2003

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-08
Czech Republic

6.789

Mar 2018

7.493

Dec 2017

-4.641

Sep 2009

16.892

Mar 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-29
Denmark

0.262

Jun 2018

0.009

Mar 2018

-5.806

Jun 2009

8.064

Dec 1994

%

quarterly

Mar 1991 - Jun 2018

Updated on 2018-09-28
Ecuador

4.137

Mar 2018

5.069

Dec 2017

-38.019

Dec 1999

77.882

Dec 2000

%

quarterly

Mar 1992 - Mar 2018

Updated on 2018-06-29
Egypt

20.091

Mar 2018

33.594

Dec 2017

8.140

Mar 2011

40.034

Sep 2017

%

quarterly

Sep 2002 - Mar 2018

Updated on 2018-07-23
Estonia

8.003

Mar 2018

8.730

Dec 2017

-17.111

Jun 2009

34.056

Sep 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-31
European Union

3.602

Mar 2018

3.951

Dec 2017

-7.446

Mar 2009

7.975

Jun 2000

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-20
Finland

4.242

Mar 2018

3.634

Dec 2017

-7.725

Sep 2009

11.245

Jun 1995

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-07-12
France

2.362

Jun 2018

2.999

Mar 2018

-3.462

Jun 2009

29.000

Dec 1951

%

quarterly

Mar 1950 - Jun 2018

Updated on 2018-10-01
Georgia

9.819

Mar 2018

11.820

Dec 2017

-13.539

Jun 2009

25.040

Dec 2007

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-19
Germany

4.191

Mar 2018

4.616

Dec 2017

-5.577

Mar 2009

24.978

Jun 1991

%

quarterly

Mar 1961 - Mar 2018

Updated on 2018-05-15
Greece

2.753

Mar 2018

2.687

Dec 2017

-9.447

Mar 2011

11.690

Dec 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-04
Hong Kong

9.053

Mar 2018

6.275

Dec 2017

-7.654

Dec 1998

36.823

Dec 1979

%

quarterly

Mar 1974 - Mar 2018

Updated on 2018-05-11
Hungary

8.797

Mar 2018

8.895

Dec 2017

-5.272

Mar 2009

27.846

Mar 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-05
Iceland

9.035

Mar 2018

3.370

Dec 2017

-2.646

Dec 2009

20.879

Dec 2008

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-08
India

10.857

Mar 2018

11.014

Dec 2017

8.292

Mar 2015

16.136

Sep 2012

%

quarterly

Jun 2012 - Mar 2018

Updated on 2018-06-04
Indonesia

9.425

Jun 2018

8.633

Mar 2018

7.213

Jun 2016

14.979

Sep 2011

%

quarterly

Mar 2011 - Jun 2018

Updated on 2018-09-14
Iran

17.747

Mar 2018

16.816

Dec 2017

-5.467

Jun 2009

60.952

Jun 1993

%

quarterly

Jun 1989 - Mar 2018

Updated on 2018-07-17
Ireland

11.786

Mar 2018

3.909

Dec 2017

-10.970

Sep 2009

36.244

Mar 2015

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-25
Israel

3.667

Mar 2018

3.363

Dec 2017

-3.315

Dec 2001

16.318

Mar 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-16
Italy

2.353

Mar 2018

2.495

Dec 2017

-5.450

Jun 2009

21.075

Dec 1981

%

quarterly

Mar 1981 - Mar 2018

Updated on 2018-06-11
Ivory Coast

5.826

2017

6.818

2016

-13.327

1990

63.762

1979

%

yearly

1961 - 2017

Updated on 2018-10-26
Japan

1.519

Mar 2018

2.061

Dec 2017

-8.299

Mar 2009

10.057

Jun 1990

%

quarterly

Mar 1981 - Mar 2018

Updated on 2018-06-08
Jordan

3.886

Mar 2018

3.591

Dec 2017

-0.838

Dec 1999

35.849

Sep 2008

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-07-02
Kazakhstan

12.988

Mar 2018

13.388

Dec 2017

-8.370

Jun 2009

791.455

Mar 1995

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-11
Kenya

12.349

Mar 2018

5.016

Dec 2017

5.016

Dec 2017

20.491

Jun 2016

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-06-29
South Korea

3.525

Mar 2018

4.589

Dec 2017

-5.468

Dec 1998

49.318

Sep 1963

%

quarterly

Mar 1961 - Mar 2018

Updated on 2018-05-31
Kosovo

4.120

Mar 2018

2.806

Dec 2017

-2.992

Mar 2012

11.042

Sep 2011

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-06-28
Kuwait

9.695

2017

-4.112

2016

-41.236

1991

137.779

1974

%

yearly

1963 - 2017

Updated on 2018-09-18
Kyrgyzstan

8.285

Mar 2018

12.981

Dec 2017

-3.043

Jun 2002

41.886

Sep 2011

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-05-16
Laos

8.872

2017

10.257

2016

1.640

2014

24.296

2006

%

yearly

2003 - 2017

Updated on 2018-06-29
Latvia

8.746

Mar 2018

8.420

Dec 2017

-26.847

Sep 2009

37.026

Mar 2007

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-22
Lebanon

3.153

2016

2.856

2015

1.629

2005

21.383

2009

%

yearly

2005 - 2016

Updated on 2018-09-13
Lithuania

7.104

Jun 2018

6.556

Mar 2018

-20.457

Sep 2009

29.845

Mar 1996

%

quarterly

Mar 1996 - Jun 2018

Updated on 2018-10-01
Luxembourg

6.569

Mar 2018

5.225

Dec 2017

-5.523

Jun 2009

18.621

Dec 1999

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-21
Macau

12.937

Mar 2018

11.691

Dec 2017

-20.926

Jun 2015

55.803

Jun 2004

%

quarterly

Mar 1999 - Mar 2018

Updated on 2018-05-29
Macedonia

4.583

Mar 2018

4.383

Dec 2017

-3.566

Sep 2001

15.921

Jun 2005

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-06-07
Malawi

22.966

2017

18.655

2016

13.760

2012

45.425

2009

%

yearly

2003 - 2017

Updated on 2018-07-13
Malaysia

5.723

Mar 2018

8.238

Dec 2017

-12.937

Jun 2009

21.969

Jun 2008

%

quarterly

Mar 1992 - Mar 2018

Updated on 2018-05-17
Malta

6.517

Mar 2018

7.485

Dec 2017

-1.181

Jun 2009

13.182

Dec 2014

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-06-05
Mauritius

4.973

Mar 2018

5.555

Dec 2017

1.509

Mar 2009

16.681

Sep 2007

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-29
Mexico

7.538

Mar 2018

6.636

Dec 2017

-4.603

Jun 2009

40.944

Mar 1996

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-05-23
Moldova

26.758

Mar 2018

13.065

Dec 2017

-7.080

Sep 2009

49.170

Jun 2000

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-12
Mongolia

16.089

Mar 2018

8.918

Dec 2017

-2.731

Sep 2016

51.399

Mar 2011

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-31
Montenegro

7.117

Mar 2018

6.392

Dec 2017

-3.687

Mar 2012

9.853

Dec 2016

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-06-22
Morocco

4.250

Jun 2018

4.858

Mar 2018

1.831

Dec 2012

12.658

Sep 2008

%

quarterly

Mar 2008 - Jun 2018

Updated on 2018-10-01
Nepal

13.799

2018

17.284

2017

4.060

2002

21.162

2009

%

yearly

2002 - 2018

Updated on 2018-06-15
Netherlands

5.559

Mar 2018

4.497

Dec 2017

-4.330

Sep 2009

8.430

Dec 1997

%

quarterly

Mar 1989 - Mar 2018

Updated on 2018-07-24
New Zealand

4.341

Mar 2018

6.412

Dec 2017

-2.901

Mar 1991

10.822

Sep 1988

%

quarterly

Jun 1988 - Mar 2018

Updated on 2018-06-20
Nigeria

9.359

Mar 2018

7.221

Dec 2017

3.011

Jun 2016

17.859

Jun 2012

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-05-21
Norway

4.879

Mar 2018

5.184

Dec 2017

-8.305

Jun 2009

23.733

Mar 2000

%

quarterly

Mar 1979 - Mar 2018

Updated on 2018-05-15
Oman

6.490

Mar 2018

5.050

Dec 2017

-30.526

Jun 2009

59.321

Sep 2008

%

quarterly

Mar 2006 - Mar 2018

Updated on 2018-07-23
Pakistan

7.615

2018

9.929

2017

5.949

2016

24.083

2009

%

yearly

2001 - 2018

Updated on 2018-06-15
Panama

5.069

Mar 2018

5.551

Dec 2017

4.425

Dec 2013

20.422

Sep 2011

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-06-18
Paraguay

5.621

Mar 2018

6.985

Dec 2017

2.568

Mar 2015

11.575

Jun 2016

%

quarterly

Mar 2015 - Mar 2018

Updated on 2018-07-06
Peru

6.081

Mar 2018

6.140

Dec 2017

-2.959

Mar 2001

4,157.268

Mar 1991

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-25
Philippines

9.563

Jun 2018

9.630

Mar 2018

1.444

Sep 2009

45.871

Sep 1984

%

quarterly

Mar 1982 - Jun 2018

Updated on 2018-09-13
Poland

6.279

Mar 2018

6.580

Dec 2017

0.550

Mar 2013

30.018

Dec 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-03
Portugal

3.461

Mar 2018

4.118

Dec 2017

-5.118

Jun 2012

9.200

Jun 1998

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-30
Qatar

17.876

Jun 2018

11.458

Mar 2018

-21.718

Mar 2015

22.891

Mar 2012

%

quarterly

Mar 2012 - Jun 2018

Updated on 2018-10-08
Romania

10.317

Mar 2018

12.100

Dec 2017

-4.836

Sep 2009

129.595

Dec 1997

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-07-16
Russia

8.222

Mar 2018

6.719

Dec 2017

-9.796

Sep 2009

544.118

Mar 1994

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-06-18
Saudi Arabia

8.809

Mar 2018

6.651

Dec 2017

-30.627

Jun 2009

49.034

Jun 2008

%

quarterly

Mar 2004 - Mar 2018

Updated on 2018-07-18
Serbia

6.097

Mar 2018

5.242

Dec 2017

-3.872

Jun 1999

116.860

Jun 2000

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-05-31
Singapore

4.601

Mar 2018

3.896

Dec 2017

-10.507

Dec 2001

26.167

Mar 1980

%

quarterly

Mar 1976 - Mar 2018

Updated on 2018-05-24
Slovakia

5.695

Mar 2018

5.508

Dec 2017

-7.421

Jun 2009

15.198

Dec 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-07
Slovenia

7.656

Mar 2018

8.357

Dec 2017

-6.560

Sep 2009

16.210

Sep 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-31
South Africa

6.972

Jun 2018

6.426

Mar 2018

4.334

Jun 1961

36.817

Sep 1980

%

quarterly

Mar 1961 - Jun 2018

Updated on 2018-09-25
Spain

4.296

Mar 2018

4.271

Dec 2017

-3.915

Sep 2009

9.108

Dec 2000

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-31
Sri Lanka

8.491

Mar 2018

11.747

Dec 2017

3.238

Dec 2015

24.050

Mar 2012

%

quarterly

Mar 2011 - Mar 2018

Updated on 2018-06-18
Sudan

23.424

2017

14.518

2016

-9.244

1970

158.735

1996

%

yearly

1961 - 2017

Updated on 2018-07-24
Sweden

4.948

Mar 2018

3.907

Dec 2017

-4.028

Jun 2009

15.157

Mar 1984

%

quarterly

Mar 1981 - Mar 2018

Updated on 2018-05-31
Switzerland

2.751

Mar 2018

2.299

Dec 2017

-2.636

Jun 2009

26.545

Sep 1980

%

quarterly

Mar 1971 - Mar 2018

Updated on 2018-05-31
Syria

25.903

2016

27.011

2015

-7.006

2012

60.684

1974

%

yearly

1971 - 2016

Updated on 2018-05-08
Taiwan

1.716

Mar 2018

2.514

Dec 2017

-8.718

Dec 2008

19.546

Sep 1986

%

quarterly

Mar 1983 - Mar 2018

Updated on 2018-05-25
Tajikistan

17.731

Mar 2018

13.004

Dec 2017

-17.284

Sep 2013

950.000

Mar 1994

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-07-11
Thailand

5.863

Mar 2018

6.515

Dec 2017

-4.302

Jun 2009

21.047

Dec 2012

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-05-30
Tunisia

8.793

Mar 2018

8.880

Dec 2017

0.457

Mar 2011

12.627

Jun 2008

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-07-10
Turkey

21.917

Mar 2018

19.004

Dec 2017

-3.312

Jun 2009

223.617

Mar 1998

%

quarterly

Mar 1988 - Mar 2018

Updated on 2018-06-11
Ukraine

18.515

Mar 2018

23.670

Dec 2017

-9.457

Sep 2009

41.448

Jun 2008

%

quarterly

Mar 2002 - Mar 2018

Updated on 2018-06-19
United Arab Emirates

7.150

2017

-0.304

2016

-19.630

2009

172.807

1974

%

yearly

1973 - 2017

Updated on 2018-06-12
United Kingdom

2.740

Mar 2018

2.900

Dec 2017

-4.053

Mar 2009

26.796

Mar 1975

%

quarterly

Mar 1956 - Mar 2018

Updated on 2018-06-29
United States

5.390

Jun 2018

4.584

Mar 2018

-3.474

Dec 1949

19.646

Mar 1951

%

quarterly

Mar 1948 - Jun 2018

Updated on 2018-07-27
Uruguay

7.343

Mar 2018

7.416

Dec 2017

5.782

Sep 2017

19.703

Dec 2008

%

quarterly

Mar 2006 - Mar 2018

Updated on 2018-06-15
Venezuela

98.774

2015

34.971

2014

4.379

2009

98.774

2015

%

yearly

1998 - 2015

Updated on 2018-04-30
Vietnam

11.218

2017

7.390

2016

-20.773

1967

437.282

1988

%

yearly

1956 - 2017

Updated on 2018-04-24
Yemen

-5.669

2016

-12.711

2015

-12.711

2015

54.006

1995

%

yearly

1991 - 2016

Updated on 2018-05-29

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

93,537.975

2017

70,593.644

2016

121.318

1995

189,187.722

2013

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Bank Lending Rate

16.650

Aug 2018

16.830

Jul 2018

14.580

Nov 2008

19.660

Nov 2009

% pa

monthly

Jan 2006 - Aug 2018

Updated on 2018-09-28
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

12.955

Jun 2018

13.438

May 2018

-3.598

Jul 2006

38.035

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

30.1

Sep 2018

21.2

Jun 2018

21.2

Jun 2018

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Sep 2018

Updated on 2018-10-22
Consumer Price Index CPI Growth

11.1

Jul 2018

11.2

Jun 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jul 2018

Updated on 2018-08-15
Container Port Throughput

1,335,470.000

2016

1,558,679.000

2015

72,500.000

2008

1,893,409.000

2014

TEU

yearly

2008 - 2016

Updated on 2017-10-25
Core CPI Change

11.190

Jun 2018

11.600

May 2018

-6.500

Dec 2007

27.800

Nov 2003

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-23
Crude Oil: Exports

1,811.100

2017

1,738.000

2016

1,665.000

1995

2,464.000

2010

Barrel/Day th

yearly

1995 - 2017

Updated on 2018-06-12
Crude Oil: Production

1,660.000

Jun 2018

1,632.000

May 2018

1,419.000

Aug 2016

2,496.000

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

84,938.4

Sep 2018

81,322.4

Aug 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Sep 2018

Updated on 2018-10-24
Domestic Credit Growth

-3.8

Sep 2018

-7.4

Aug 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Sep 2018

Updated on 2018-10-30
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 2018-09-20
Employed Persons

69,090,006.515

Sep 2017

70,354,895.794

Jun 2017

61,804,100.000

Jun 2012

70,665,895.854

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-20
Equity Market Index

32,766.4

Sep 2018

34,848.4

Aug 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Sep 2018

Updated on 2018-09-28
Exchange Rate against USD

305.772

Sep 2018

305.557

Aug 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Sep 2018

Updated on 2018-09-28
Exports: ICT Goods

1,754.719

2014

10,789.286

2013

0.983

2002

21,155.697

2011

USD th

yearly

2000 - 2014

Updated on 2018-04-25
Exports: Medicament

1,568.716

2017

1,151.097

2016

353.798

2001

5,424.010

2014

USD th

yearly

1995 - 2017

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

149.323

2017

155.918

2016

16.731

1997

6,564.544

2007

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

6,497.065

2017

18,735.525

2016

1,104.260

2001

34,433.128

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

116.668

2017

273.825

2016

60.366

2000

2,654.078

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

14.000

2023

14.000

2022

5.401

2007

29.291

1996

%

yearly

1996 - 2023

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

2.000

2023

2.229

2022

-15.763

2015

36.529

2005

USD bn

yearly

1980 - 2023

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

1.529

2023

1.374

2022

-15.340

2002

32.948

2003

%

yearly

1991 - 2023

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

6,379.873

2023

6,319.752

2022

2,026.444

1991

6,379.873

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Expenditure

32,324.373

2023

27,264.449

2022

99.769

1990

32,324.373

2023

NGN bn

yearly

1990 - 2023

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

80,503.183

2023

68,575.875

2022

358.177

1990

80,503.183

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Revenue

20,397.064

2023

17,059.102

2022

96.416

1990

20,397.064

2023

NGN bn

yearly

1990 - 2023

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

3,935.723

2023

3,479.147

2022

496.495

1999

3,935.723

2023

USD

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Population

222.039

2023

216.097

2022

68.447

1980

222.039

2023

Person mn

yearly

1980 - 2023

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

1.954

2023

1.980

2022

-1.617

2016

14.604

2002

%

yearly

1991 - 2023

Updated on 2018-07-18
Forecast: Unemployment Rate

16.475

2017

13.375

2016

5.092

2010

16.475

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

44,305.1

Sep 2018

44,580.4

Aug 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Sep 2018

Updated on 2018-10-10
Foreign Exchange Reserves: % of GDP

12.285

Mar 2018

10.564

Dec 2017

5.287

Mar 2015

12.285

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

5,141.948

Mar 2018

3,787.160

Dec 2017

-769.907

Dec 2014

5,963.204

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

1,951.271

2017

2,156.840

2016

492.490

1999

3,224.695

2014

USD

yearly

1981 - 2017

Updated on 2018-06-04
Gold Production

7,700.000

2015

7,100.000

2014

1.000

1993

7,700.000

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Gold Reserves

0.062

Jan 2018

0.062

Dec 2017

0.000

Sep 1961

35.965

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

12,518.552

Dec 2016

11,053.336

Sep 2016

11,053.336

Sep 2016

23,106.205

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-04-20
Gross National Product

364,278.138

2017

395,953.769

2016

4,173.704

1960

549,528.095

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

1,383,238.751

2016

1,821,759.155

2014

142,900.376

2000

2,928,318.223

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

903,549.913

2017

752,308.623

2016

70,479.000

2004

903,549.913

2017

USD th

yearly

1995 - 2017

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

318,240.104

2017

203,518.542

2016

25,695.796

2000

318,240.104

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

1,206,913.817

2017

1,155,546.958

2016

122,950.546

2000

2,586,449.750

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

187,247.521

2017

148,679.767

2016

18,501.000

2004

515,307.114

2014

USD th

yearly

1995 - 2017

Updated on 2018-10-10
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 Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2018-04-20
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 2018-09-20
Liner Shipping Connectivity Index

19.970

2017

21.300

2016

12.790

2005

22.910

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

129,583,436.000

2016

147,959,459.000

2015

117,782,300.000

2009

151,065,413.000

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

34,932.814

Sep 2018

34,193.790

Aug 2018

3,314.917

Mar 1993

47,795.757

May 2016

USD mn

monthly

Nov 1992 - Sep 2018

Updated on 2018-10-17
Money Supply M2

82,433.198

May 2018

80,366.540

Apr 2018

5,894.682

Mar 1993

113,283.586

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Motor Vehicle Registered

3,750.000

2015

3,590.000

2014

1,747.000

2005

3,750.000

2015

Unit th

yearly

2005 - 2015

Updated on 2017-06-27
Motor Vehicle Sales: Commercial Cars

2,948.000

Dec 2017

3,800.000

Dec 2016

1,900.000

Jun 2016

17,000.000

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Motor Vehicle Sales: Passenger Cars

4,051.200

Dec 2017

19,200.000

Dec 2016

4,051.200

Dec 2017

42,000.000

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

45,434.000

2017

42,562.000

2016

4,844.000

1995

45,434.000

2017

Cub m mn

yearly

1995 - 2017

Updated on 2018-06-12
Natural Gas: Exports

32,511.000

2017

25,147.000

2016

740.000

1999

32,511.000

2017

Cub m mn

yearly

1999 - 2017

Updated on 2018-06-12
Nominal GDP

100,565.6

Jun 2018

93,232.6

Mar 2018

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Jun 2018

Updated on 2018-09-20
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

154,513.000

2016

187,155.000

2015

20,544.000

1960

1,687,972.000

2006

Unit

yearly

1960 - 2016

Updated on 2018-04-19
Number of Subscriber Mobile

144,920,170.000

2017

154,342,168.000

2016

0.000

1992

154,342,168.000

2016

Person

yearly

1960 - 2017

Updated on 2018-09-19
Policy Rate

14.00

Sep 2018

14.00

Aug 2018

6.00

Aug 2010

14.00

Sep 2018

% pa

monthly

Dec 2006 - Sep 2018

Updated on 2018-09-28
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

78,377.208

Dec 2016

75,468.958

Sep 2016

53,304.758

Jun 2010

119,809.214

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

4,875.369

Dec 2017

3,821.393

Sep 2017

3,821.393

Sep 2017

10,867.902

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

Sep 2018

22.5

Aug 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Sep 2018

Updated on 2018-09-28
Short Term Interest Rate

13.47

Sep 2018

12.81

Aug 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Sep 2018

Updated on 2018-10-02
Teledensity: Fixed Line

0.083

2016

0.103

2015

0.046

1960

1.184

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.984

2016

83.248

2015

0.000

1992

83.248

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,886.992

2017

71,281.079

2016

4,696.120

1992

104,420.237

2014

USD mn

yearly

1992 - 2017

Updated on 2018-10-18
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

3,138.6

Apr 2018

3,363.1

Mar 2018

230.8

Feb 1986

6,411.0

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2018

Updated on 2018-08-25
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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