Nigeria Nominal GDP Growth
2011 - 2023 | Quarterly | % | CEIC Data
Key information about Nigeria Nominal GDP Growth
- Nigeria Nominal GDP Growth was reported at 16.080 % in Sep 2023.
- This records an increase from the previous number of 15.775 % for Jun 2023.
- Nigeria Nominal GDP Growth data is updated quarterly, averaging 12.647 % from Mar 2011 to Sep 2023, with 51 observations.
- The data reached an all-time high of 17.859 % in Jun 2012 and a record low of -2.796 % in Jun 2020.
- Nigeria 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: Quarterly.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The National Bureau of Statistics provides Nominal GDP in local currency, at basic prices.
View Nigeria's Nominal GDP Growth from Mar 2011 to Sep 2023 in the chart:
What was Nigeria's Nominal GDP Growth in Sep 2023?
Nigeria Nominal GDP Growth was reported at 16.080 % in Sep 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 16.080 Sep 2023 | 15.775 Jun 2023 | -2.796 Jun 2020 | 17.859 Jun 2012 | % | quarterly | Mar 2011 - Sep 2023 |
Nominal GDP Growth by Country Comparison
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Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 7.894 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
| Algeria (%) | 9.089 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Argentina (%) | 169.925 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Armenia (%) | 9.822 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
| Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Azerbaijan (%) | -11.065 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Bahrain (%) | 3.250 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Bangladesh (%) | 13.071 2023 | yearly | 2007 - 2023 |
| Belarus (%) | 13.678 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Belgium (%) | 3.901 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Bolivia (%) | 0.912 Sep 2023 | quarterly | Mar 1991 - Sep 2023 |
| Bosnia and Herzegovina (%) | 4.068 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Botswana (%) | -4.803 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Brazil (%) | 7.187 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Bulgaria (%) | 5.061 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
| Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
| Chile (%) | 3.969 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| China (%) | 4.162 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Colombia (%) | 4.957 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Croatia (%) | 8.099 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Cyprus (%) | 6.785 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Czech Republic (%) | 6.200 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Denmark (%) | -2.051 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ecuador (%) | -1.089 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Egypt (%) | 36.681 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | 5.666 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Finland (%) | 1.184 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | 5.671 Dec 2023 | quarterly | Mar 1950 - Dec 2023 |
| Georgia (%) | 7.641 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Germany (%) | 6.266 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 8.548 Dec 2023 | quarterly | Mar 1974 - Dec 2023 |
| Hungary (%) | 13.247 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| Indonesia (%) | 3.671 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
| Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Israel (%) | -0.107 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 5.357 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Jordan (%) | 4.082 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Kazakhstan (%) | 11.192 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Kosovo (%) | 9.548 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
| Latvia (%) | 5.716 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 4.718 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 99.802 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 1.911 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mauritius (%) | 13.075 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Mexico (%) | 8.034 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Moldova (%) | 11.774 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Mongolia (%) | 24.672 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 6.729 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
| Nepal (%) | 13.427 2022 | yearly | 2002 - 2022 |
| Netherlands (%) | 6.236 Dec 2023 | quarterly | Mar 1989 - Dec 2023 |
| New Zealand (%) | 3.784 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 16.080 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Norway (%) | -3.659 Dec 2023 | quarterly | Mar 1979 - Dec 2023 |
| Oman (%) | -10.834 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
| Pakistan (%) | 19.992 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | -30.860 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Panama (%) | 7.326 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Paraguay (%) | 5.865 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 9.280 Dec 2023 | quarterly | Mar 1982 - Dec 2023 |
| Poland (%) | 6.938 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -15.018 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 19.473 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Singapore (%) | 2.511 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Slovakia (%) | 11.483 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 11.395 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| South Africa (%) | 5.946 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Spain (%) | 7.081 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
| Sri Lanka (%) | 11.992 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.8 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,071.175 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| National Government Debt (USD mn) | 101,710.7 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Government Debt: % of GDP (%) | 39.8 Dec 2023 | quarterly | Dec 2010 - Dec 2023 |
| Forecast: Government Expenditure (NGN bn) | 69,308.370 2028 | yearly | 1990 - 2028 |
| Forecast: Government Net Debt (NGN bn) | 205,772.040 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (NGN bn) | 42,354.640 2028 | yearly | 1990 - 2028 |
| Federal Govt Balance (NGN bn) | -2,347.160 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 2,791.110 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue: Oil (NGN bn) | 814.230 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure: Capital (NGN bn) | 1,043.310 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Expenditure (NGN bn) | 4,040.180 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Federal Govt Revenue (NGN bn) | 1,693.020 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Gross Federation Account Revenue (NGN bn) | 4,791.390 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Government Debt: Domestic (NGN bn) | 53,258.012 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 1,889.4 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Total Exports (USD mn) | 4,751.7 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Exports Growth (%) | 82.1 Dec 2023 | monthly | Jan 2004 - Dec 2023 |
| Aluminum: Exports (USD th) | 165,856.846 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 34.5 Sep 2023 | monthly | Jan 2004 - Sep 2023 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 332.105 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Imports from USA (USD mn) | 176.789 Dec 2023 | monthly | Dec 2009 - Dec 2023 |
| Total Exports to China (USD mn) | 24.772 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Total Imports from China (USD mn) | 715.679 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Imports (NGN mn) | 2,429,185.197 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Exports: Crude Oil (NGN mn) | 3,404,818.113 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Total Trade (NGN mn) | 6,865,948.584 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow Netherlands (NGN mn) | 523,568.988 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports (NGN mn) | 4,284,566.609 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: America: ow USA (NGN mn) | 299,453.208 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Europe: ow UK (NGN mn) | 93,037.938 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Exports: Mineral Products (NGN mn) | 24,389,951.388 2022 | yearly | 2003 - 2022 |
| Exports: Vegetable Products (NGN mn) | 316,546.604 2022 | yearly | 2003 - 2022 |
| Imports: Europe: ow Netherlands (NGN mn) | 158,090.619 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Europe: ow Germany (NGN mn) | 68,742.651 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Europe: ow UK (NGN mn) | 71,966.938 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Asia: ow China (NGN mn) | 631,502.155 Dec 2023 | monthly | Jan 2007 - Dec 2023 |
| Imports: America: ow USA (NGN mn) | 159,407.643 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 810,486.908 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Manufactured Goods (NGN mn) | 184,959.341 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Imports: Chemicals and Chemical Products (NGN mn) | 385,751.608 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Food and Live Animals (NGN mn) | 364,417.505 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Imports: Machinery and Transport Equipment (NGN mn) | 639,703.694 Sep 2023 | monthly | Jan 2003 - Sep 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 274.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment (USD mn) | 752.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 0.6 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 337.399 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 0.3 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -2.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 339.714 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt (USD mn) | 42,495.2 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | 0.890 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -80,930.532 2022 | yearly | 2005 - 2022 |
| BoP: CF: Capital Account (USD mn) | 0.000 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CA: Current Transfers (USD mn) | 5,442.967 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Direct Investment (USD mn) | 94.452 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) | 1,000.946 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) | -182.419 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) | 1,437.945 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Other Investment (USD mn) | -1,699.632 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Debit (USD mn) | -11,787.111 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income (USD mn) | -2,264.294 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Assets (USD mn) | -1,085.664 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Credit (USD mn) | 5,452.430 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Debit (USD mn) | -2,775.122 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Debit (USD mn) | -4,428.113 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) | 848.311 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods (USD mn) | 2,798.047 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Debit (USD mn) | -505.024 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services (USD mn) | -3,132.845 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Credit (USD mn) | 510.828 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Credit (USD mn) | 1,295.268 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Credit (USD mn) | 14,585.159 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account (USD mn) | 852.759 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities (USD mn) | 1,938.423 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: Net Errors & Omission (USD mn) | -3,201.073 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government (USD mn) | 42,495.160 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Capital Inflow: Foreign Direct Investment (USD) | 20,080,525.860 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 19,608.589 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Money Supply M2 (USD mn) | 60,857.230 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| M2 Growth (%) | 77.6 Feb 2024 | monthly | Nov 1993 - Feb 2024 |
| Reserve Requirement Ratio (%) | 45.0 Mar 2024 | monthly | Nov 2005 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 32,360.0 Nov 2023 | monthly | Jan 1960 - Nov 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 7.771 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 8.9 Nov 2023 | monthly | Jan 2003 - Nov 2023 |
| Gold Reserves (USD mn) | 1,273.284 Sep 2023 | monthly | Dec 1950 - Sep 2023 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 74,341.2 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Domestic Credit Growth (%) | 63.6 Feb 2024 | monthly | Nov 1993 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 16.22 Sep 2023 | quarterly | Dec 2010 - Sep 2023 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 93,968,491.960 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 30,277,249.260 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 21,230,656.700 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 63,691,242.700 Feb 2024 | monthly | Nov 1992 - Feb 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.210 Dec 2022 | semiannually | Dec 2003 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.6 Nov 2023 | monthly | Jul 2015 - Nov 2023 |
More Indicators for Nigeria
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National Accounts
GDP: by Expenditure: 2010 Price
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GDP: by Income: 2010 Price: Annual
GDP: by Income: Current Price: Annual
GDP: by Industry: 2010 Price: Annual
GDP: by Industry: Current Price: Annual
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
GDP: by Expenditure: 2010 Price Annual
GDP: by Expenditure: Current Price: Annual
GDP: by Income: Current Price
GDP: by Industry: 2010 Price
GDP: by Industry: Current Price
GDP Deflator
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP