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Nigeria Private Consumption: % of GDP

1950 - 2015 | yearly | % | CEIC Generated

Nigeria's Private Consumption accounted for 78.6 % of its Nominal GDP in Dec 2015, compared with a ratio of 71.7 % in the previous year. Nigeria's Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1950 to Dec 2015, with an average share of 57.7 %. The data reached an all-time high of 89.0 % in Dec 1960 and a record low of 23.4 % in Dec 1982. CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs consumption. The National Bureau of Statistics of the Federal Republic of Nigeria provides Private Consumption Expenditure in local currency and Nominal GDP in local currency. Private Consumption as % of Nominal GDP prior to 2010 is sourced from the International Monetary Fund.

In the latest reports, Nigeria's GDP expanded 0.5 % YoY in Jun 2017. Nigeria's Nominal GDP reached 88.4 USD bn in Jun 2017. Its GDP deflator (implicit price deflator) increased 14.0 % in Jun 2017. Nigeria's GDP Per Capita reached 2,156.8 USD in Dec 2016. Its Gross Savings Rate was measured at 15.5 % in Dec 2015.

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What was Nigeria's Private Consumption: % of GDP in 2015?

Last Previous Min Max Unit Frequency Range

78.6

2015

71.7

2014

23.4

1982

89.0

1960

%

yearly

1950 - 2015

Updated on 2017

View Nigeria's Private Consumption: % of GDP from 1950 to 2015 in the chart:

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More Countries for Private Consumption: % of GDP

Country Last Previous Min Max Unit Frequency Range
Albania

82.9

Jun 2017

83.4

Mar 2017

69.5

Dec 2011

90.4

Mar 2008

%

quarterly

Mar 2008 - Jun 2017

Updated on Sep 2017
Algeria

42.8

2016

41.0

2015

27.3

2011

71.0

1952

%

yearly

1950 - 2016

Updated on 2017
Argentina

69.1

Jun 2017

69.1

Mar 2017

57.4

Dec 2007

71.7

Mar 2001

%

quarterly

Mar 1993 - Jun 2017

Updated on Sep 2017
Armenia

81.5

Jun 2017

84.9

Mar 2017

60.5

Sep 2008

143.0

Mar 1995

%

quarterly

Dec 1994 - Jun 2017

Updated on Sep 2017
Australia

55.3

Jun 2017

56.5

Mar 2017

50.7

Dec 1973

61.3

Mar 1983

%

quarterly

Sep 1959 - Jun 2017

Updated on Sep 2017
Austria

52.6

Jun 2017

51.5

Mar 2017

50.5

Mar 2008

58.2

Mar 1988

%

quarterly

Mar 1988 - Jun 2017

Updated on Sep 2017
Azerbaijan

64.5

Jun 2017

64.8

Mar 2017

30.4

Dec 2007

70.4

Dec 2003

%

quarterly

Mar 2001 - Jun 2017

Updated on Oct 2017
Bahrain

45.1

2015

40.5

2014

22.4

1986

51.9

1991

%

yearly

1975 - 2015

Updated on 2017
Bangladesh

67.5

2017

69.1

2016

67.5

2017

98.9

1976

%

yearly

1960 - 2017

Updated on 2017
Belarus

55.0

Jun 2017

58.4

Mar 2017

38.6

Dec 2011

71.4

Jun 1994

%

quarterly

Mar 1994 - Jun 2017

Updated on Oct 2017
Belgium

50.8

Jun 2017

50.5

Mar 2017

49.0

Mar 2007

60.0

Sep 1983

%

quarterly

Mar 1980 - Jun 2017

Updated on Aug 2017
Bolivia

72.3

Mar 2017

79.3

Dec 2016

51.8

Jun 2013

82.3

Mar 1992

%

quarterly

Mar 1990 - Mar 2017

Updated on Aug 2017
Bosnia and Herzegovina

77.0

2016

78.8

2015

77.0

2016

109.7

2003

%

yearly

2002 - 2016

Updated on 2017
Botswana

50.8

Jun 2017

50.0

Mar 2017

28.3

Dec 1999

58.1

Dec 2015

%

quarterly

Mar 1994 - Jun 2017

Updated on Sep 2017
Brazil

62.4

Jun 2017

62.9

Mar 2017

54.5

Jun 1991

72.1

Mar 1994

%

quarterly

Mar 1991 - Jun 2017

Updated on Sep 2017
Brunei

18.0

Jun 2017

21.3

Mar 2017

13.6

Mar 2014

31.8

Jun 2004

%

quarterly

Mar 2003 - Jun 2017

Updated on Oct 2017
Bulgaria

59.4

Jun 2017

67.3

Mar 2017

53.1

Jun 1995

79.2

Sep 1996

%

quarterly

Mar 1995 - Jun 2017

Updated on Oct 2017
Cambodia

76.8

2015

77.6

2014

74.3

1991

101.1

1993

%

yearly

1988 - 2015

Updated on 2017
Canada

60.0

Jun 2017

57.5

Mar 2017

47.9

Sep 1974

65.3

Dec 1961

%

quarterly

Mar 1961 - Jun 2017

Updated on Sep 2017
Chile

63.5

Jun 2017

63.9

Mar 2017

52.5

Mar 2007

66.1

Dec 1998

%

quarterly

Mar 1996 - Jun 2017

Updated on Aug 2017
China

39.2

2016

38.0

2015

35.6

2010

71.3

1962

%

yearly

1952 - 2016

Updated on 2017
Colombia

62.3

Jun 2017

62.2

Mar 2017

59.9

Mar 2014

71.9

Mar 2002

%

quarterly

Mar 2000 - Jun 2017

Updated on Aug 2017
Croatia

59.9

Jun 2017

61.7

Mar 2017

49.9

Sep 2006

68.2

Dec 2002

%

quarterly

Mar 2000 - Jun 2017

Updated on Sep 2017
Cyprus

67.4

Jun 2017

74.1

Mar 2017

52.6

Sep 2001

75.3

Mar 2016

%

quarterly

Mar 1995 - Jun 2017

Updated on Sep 2017
Czech Republic

46.7

Jun 2017

48.3

Mar 2017

39.9

Mar 1991

63.9

Dec 1993

%

quarterly

Mar 1991 - Jun 2017

Updated on Oct 2017
Ecuador

60.2

Jun 2017

59.4

Mar 2017

58.4

Jun 2014

74.4

Dec 2001

%

quarterly

Mar 1991 - Jun 2017

Updated on Sep 2017
Egypt

88.0

Mar 2017

87.8

Dec 2016

62.9

Jun 2006

88.0

Mar 2017

%

quarterly

Sep 2001 - Mar 2017

Updated on Jul 2017
Estonia

51.5

Jun 2017

53.6

Mar 2017

47.9

Sep 2011

61.9

Mar 1997

%

quarterly

Mar 1993 - Jun 2017

Updated on Aug 2017
European Union

55.8

Jun 2017

56.3

Mar 2017

55.5

Dec 2016

58.8

Sep 2001

%

quarterly

Mar 1995 - Jun 2017

Updated on Oct 2017
Finland

54.7

Jun 2017

54.7

Mar 2017

46.7

Mar 2001

57.6

Mar 1978

%

quarterly

Mar 1975 - Jun 2017

Updated on Sep 2017
France

54.9

Jun 2017

55.3

Mar 2017

53.5

Sep 1973

63.1

Sep 1949

%

quarterly

Mar 1949 - Jun 2017

Updated on Sep 2017
Georgia

60.8

Jun 2017

71.9

Mar 2017

59.0

Sep 2016

120.5

Mar 1996

%

quarterly

Mar 1996 - Jun 2017

Updated on Sep 2017
Germany

53.9

Jun 2017

51.9

Mar 2017

51.9

Mar 2017

59.0

Jun 2009

%

quarterly

Mar 1991 - Jun 2017

Updated on Aug 2017
Greece

71.7

Jun 2017

73.2

Mar 2017

59.8

Sep 2004

74.2

Mar 2010

%

quarterly

Mar 1995 - Jun 2017

Updated on Sep 2017
Hong Kong

71.2

Jun 2017

67.1

Mar 2017

53.0

Sep 1989

72.2

Jun 2013

%

quarterly

Mar 1973 - Jun 2017

Updated on Aug 2017
Hungary

50.8

Jun 2017

53.7

Mar 2017

47.1

Sep 2015

60.7

Mar 2003

%

quarterly

Mar 1995 - Jun 2017

Updated on Sep 2017
Iceland

53.1

Jun 2017

52.2

Mar 2017

44.1

Sep 2016

62.0

Jun 2000

%

quarterly

Mar 1997 - Jun 2017

Updated on Sep 2017
India

57.3

Jun 2017

58.7

Mar 2017

52.5

Mar 2011

71.1

Sep 1996

%

quarterly

Jun 1996 - Jun 2017

Updated on Sep 2017
Indonesia

56.8

Jun 2017

58.1

Mar 2017

47.9

Mar 1992

75.5

Dec 1998

%

quarterly

Mar 1990 - Jun 2017

Updated on Aug 2017
Iran

50.6

Mar 2017

50.7

Dec 2016

33.2

Sep 1993

89.3

Mar 1990

%

quarterly

Jun 1988 - Mar 2017

Updated on Jul 2017
Ireland

33.7

Jun 2017

35.7

Mar 2017

33.7

Jun 2017

54.1

Dec 2010

%

quarterly

Mar 1997 - Jun 2017

Updated on Sep 2017
Israel

54.5

Jun 2017

54.2

Mar 2017

50.4

Dec 1984

66.1

Sep 1990

%

quarterly

Mar 1980 - Jun 2017

Updated on Oct 2017
Italy

61.3

Jun 2017

62.6

Mar 2017

53.8

Dec 1991

63.7

Sep 2012

%

quarterly

Mar 1980 - Jun 2017

Updated on Oct 2017
Ivory Coast

62.0

2016

62.0

2015

52.7

1977

73.3

1991

%

yearly

1960 - 2016

Updated on 2017
Japan

56.0

Jun 2017

55.9

Mar 2017

51.4

Dec 1990

60.1

Sep 2009

%

quarterly

Mar 1980 - Jun 2017

Updated on Sep 2017
Jordan

86.3

2012

85.9

2011

64.6

1995

107.2

1966

%

yearly

1959 - 2012

Updated on 2017
Kazakhstan

51.4

Mar 2017

58.2

Dec 2016

36.5

Jun 2011

83.6

Jun 1994

%

quarterly

Mar 1994 - Mar 2017

Updated on Oct 2017
Kenya

79.1

2016

78.4

2015

58.0

1985

79.8

2013

%

yearly

1964 - 2016

Updated on 2017
Kosovo

86.0

Jun 2017

93.5

Mar 2017

70.8

Sep 2015

95.8

Dec 2014

%

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Kuwait

45.3

2016

41.5

2015

14.8

1974

93.3

1991

%

yearly

1962 - 2016

Updated on 2017
Kyrgyzstan

92.3

Mar 2017

79.3

Dec 2016

50.4

Dec 2001

118.9

Mar 2008

%

quarterly

Mar 2000 - Mar 2017

Updated on Aug 2017
Laos

71.4

2016

72.6

2015

68.1

2010

93.9

1988

%

yearly

1984 - 2016

Updated on 2017
Latvia

62.3

Jun 2017

65.6

Mar 2017

56.5

Dec 2015

71.1

Mar 1996

%

quarterly

Mar 1995 - Jun 2017

Updated on Oct 2017
Lebanon

86.3

2015

89.3

2014

81.9

2005

89.3

2014

%

yearly

1997 - 2015

Updated on 2017
Lithuania

64.4

Jun 2017

66.2

Mar 2017

57.4

Sep 1996

69.6

Mar 2009

%

quarterly

Mar 1995 - Jun 2017

Updated on Oct 2017
Luxembourg

29.9

Jun 2017

30.2

Mar 2017

28.6

Dec 2014

44.6

Sep 1995

%

quarterly

Mar 1995 - Jun 2017

Updated on Oct 2017
Macau

25.5

Jun 2017

25.7

Mar 2017

17.8

Dec 2013

49.1

Jun 2003

%

quarterly

Mar 1998 - Jun 2017

Updated on Aug 2017
Macedonia

70.7

Jun 2017

64.3

Mar 2017

64.0

Dec 2016

87.9

Mar 2004

%

quarterly

Mar 2000 - Jun 2017

Updated on Sep 2017
Malawi

81.0

2016

78.9

2015

62.7

1978

93.3

2005

%

yearly

1960 - 2016

Updated on 2017
Malaysia

55.2

Jun 2017

55.4

Mar 2017

39.8

Sep 1999

58.6

Mar 1991

%

quarterly

Mar 1991 - Jun 2017

Updated on Aug 2017
Malta

46.5

Jun 2017

48.2

Mar 2017

46.5

Jun 2017

65.9

Mar 2000

%

quarterly

Mar 2000 - Jun 2017

Updated on Sep 2017
Mauritius

71.8

Jun 2017

72.5

Mar 2017

56.3

Jun 2001

76.2

Dec 2014

%

quarterly

Mar 1999 - Jun 2017

Updated on Oct 2017
Mexico

67.8

Jun 2017

67.4

Mar 2017

63.0

Mar 1995

71.3

Dec 2001

%

quarterly

Mar 1993 - Jun 2017

Updated on Sep 2017
Moldova

90.5

Jun 2017

88.4

Mar 2017

51.0

Sep 1995

106.1

Jun 2000

%

quarterly

Mar 1995 - Jun 2017

Updated on Sep 2017
Mongolia

45.7

Jun 2017

56.1

Mar 2017

44.7

Dec 2016

74.9

Mar 2010

%

quarterly

Mar 2010 - Jun 2017

Updated on Aug 2017
Montenegro

83.8

Jun 2017

92.9

Mar 2017

59.0

Sep 2016

93.9

Mar 2012

%

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Morocco

57.9

2016

57.5

2015

57.5

2015

60.4

2012

%

yearly

2007 - 2016

Updated on 2017
Nepal

78.0

2017

84.6

2016

75.1

1995

84.6

2016

%

yearly

1975 - 2017

Updated on 2017
Netherlands

43.6

Jun 2017

44.5

Mar 2017

43.1

Dec 2015

55.9

Mar 1979

%

quarterly

Mar 1977 - Jun 2017

Updated on Sep 2017
New Zealand

57.8

Jun 2017

54.8

Mar 2017

52.5

Mar 2002

64.4

Sep 1998

%

quarterly

Jun 1987 - Jun 2017

Updated on Sep 2017
Nigeria

78.6

2015

71.7

2014

23.4

1982

89.0

1960

%

yearly

1950 - 2015

Updated on 2017
Norway

46.0

Jun 2017

42.9

Mar 2017

36.7

Mar 2012

53.2

Jun 1986

%

quarterly

Mar 1978 - Jun 2017

Updated on Aug 2017
Oman

33.0

2015

27.6

2014

26.1

2012

50.3

1991

%

yearly

1980 - 2015

Updated on 2017
Pakistan

81.8

2017

80.0

2016

68.2

1991

84.7

1975

%

yearly

1967 - 2017

Updated on 2017
Panama

50.9

2014

52.0

2013

45.5

1982

80.4

1951

%

yearly

1950 - 2014

Updated on 2016
Paraguay

67.6

Jun 2017

65.2

Mar 2017

56.1

Sep 2002

74.1

Mar 2012

%

quarterly

Mar 1994 - Jun 2017

Updated on Sep 2017
Peru

66.4

Jun 2017

67.1

Mar 2017

53.7

Sep 1982

81.4

Sep 1993

%

quarterly

Mar 1980 - Jun 2017

Updated on Aug 2017
Philippines

72.3

Jun 2017

75.0

Mar 2017

55.2

Mar 1981

77.0

Sep 1985

%

quarterly

Mar 1981 - Jun 2017

Updated on Aug 2017
Poland

60.2

Jun 2017

65.6

Mar 2017

49.4

Dec 2015

71.8

Mar 2002

%

quarterly

Mar 1995 - Jun 2017

Updated on Aug 2017
Portugal

65.4

Jun 2017

66.1

Mar 2017

61.9

Dec 2001

66.6

Sep 2008

%

quarterly

Mar 1995 - Jun 2017

Updated on Aug 2017
Qatar

26.0

2016

22.0

2015

13.4

2012

32.8

1993

%

yearly

1980 - 2016

Updated on 2017
Romania

64.2

Jun 2017

63.6

Mar 2017

56.8

Sep 1995

81.8

Jun 1996

%

quarterly

Mar 1995 - Jun 2017

Updated on Oct 2017
Russia

52.5

Jun 2017

55.1

Mar 2017

42.7

Jun 1993

61.0

Mar 1999

%

quarterly

Mar 1993 - Jun 2017

Updated on Oct 2017
Saudi Arabia

42.1

Jun 2017

40.6

Mar 2017

23.6

Dec 2007

44.7

Mar 2016

%

quarterly

Mar 2003 - Jun 2017

Updated on Oct 2017
Serbia

72.3

Jun 2017

79.7

Mar 2017

66.7

Dec 2003

90.5

Jun 1999

%

quarterly

Mar 1996 - Jun 2017

Updated on Aug 2017
Singapore

36.5

2016

36.8

2015

35.5

2010

90.5

1961

%

yearly

1957 - 2016

Updated on 2017
Slovakia

55.0

Jun 2017

58.0

Mar 2017

47.7

Jun 1995

63.5

Mar 2009

%

quarterly

Mar 1993 - Jun 2017

Updated on Sep 2017
Slovenia

52.2

Jun 2017

51.2

Mar 2017

49.5

Mar 2007

62.1

Sep 1995

%

quarterly

Mar 1995 - Jun 2017

Updated on Aug 2017
South Africa

58.4

Jun 2017

58.3

Mar 2017

47.6

Jun 1980

66.9

Dec 1996

%

quarterly

Mar 1960 - Jun 2017

Updated on Sep 2017
South Korea

46.9

Jun 2017

50.5

Mar 2017

46.9

Dec 1988

116.2

Mar 1964

%

quarterly

Mar 1960 - Jun 2017

Updated on Aug 2017
Spain

56.5

Jun 2017

60.8

Mar 2017

54.3

Jun 2009

68.6

Sep 1981

%

quarterly

Mar 1980 - Jun 2017

Updated on Oct 2017
Sri Lanka

67.1

Jun 2017

67.2

Mar 2017

59.5

Dec 2010

77.3

Mar 2010

%

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Sudan

77.1

2016

81.6

2015

57.6

2004

92.6

1988

%

yearly

1976 - 2016

Updated on 2017
Sweden

43.7

Jun 2017

44.4

Mar 2017

43.1

Dec 2016

51.1

Sep 1993

%

quarterly

Mar 1980 - Jun 2017

Updated on Sep 2017
Switzerland

53.6

Jun 2017

54.2

Mar 2017

52.3

Sep 2008

63.2

Dec 1982

%

quarterly

Mar 1980 - Jun 2017

Updated on Sep 2017
Syria

60.6

2010

59.8

2009

56.8

2008

82.1

1988

%

yearly

1963 - 2010

Updated on 2017
Taiwan

54.3

Jun 2017

53.3

Mar 2017

43.5

Jun 1987

74.0

Mar 1962

%

quarterly

Mar 1961 - Jun 2017

Updated on Aug 2017
Tajikistan

118.3

2013

119.3

2012

42.2

1992

125.3

2008

%

yearly

1988 - 2013

Updated on 2016
Thailand

52.2

Jun 2017

47.6

Mar 2017

47.6

Mar 2017

57.8

Jun 2004

%

quarterly

Mar 1993 - Jun 2017

Updated on Aug 2017
Tunisia

71.2

2016

71.0

2015

59.3

1975

75.8

1960

%

yearly

1960 - 2016

Updated on 2017
Turkey

59.5

Jun 2017

59.9

Mar 2017

58.2

Sep 2015

73.4

Mar 2000

%

quarterly

Mar 1998 - Jun 2017

Updated on Sep 2017
Ukraine

68.2

Jun 2017

69.2

Mar 2017

49.3

Sep 2004

77.2

Mar 2014

%

quarterly

Mar 2001 - Jun 2017

Updated on Sep 2017
United Arab Emirates

58.5

2016

57.1

2015

7.1

1974

64.2

2010

%

yearly

1972 - 2016

Updated on 2017
United Kingdom

65.3

Jun 2017

63.9

Mar 2017

58.1

Mar 1973

69.5

Dec 1955

%

quarterly

Mar 1955 - Jun 2017

Updated on Sep 2017
United States

69.1

Jun 2017

69.2

Mar 2017

58.5

Mar 1967

69.2

Mar 2017

%

quarterly

Mar 1947 - Jun 2017

Updated on Oct 2017
Uruguay

65.7

2016

66.8

2015

65.7

2016

80.9

1959

%

yearly

1955 - 2016

Updated on 2017
Venezuela

121.3

2015

75.3

2014

40.0

1974

121.3

2015

%

yearly

1950 - 2015

Updated on 2017
Vietnam

68.5

2016

68.0

2015

64.5

2012

94.9

1985

%

yearly

1985 - 2016

Updated on 2017
Yemen

81.4

2013

77.6

2012

57.3

1990

95.9

1995

%

yearly

1990 - 2013

Updated on 2014

More Indicators for Nigeria

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

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 2017
Business Confidence: Net Balance

-7.4

Jun 2017

-20.5

Mar 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Jun 2017

Updated on Aug 2017
Foreign Direct Investment

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

3.4

Jun 2017

9.0

May 2017

-66.4

Feb 1986

114.0

Jan 2011

%

monthly

Jan 1982 - Jun 2017

Updated on Sep 2017
Money Supply M2

71,604.81

Aug 2017

72,684.31

Jul 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Aug 2017

Updated on Sep 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
Natural Gas: Exports

25,146.50

2016

26,703.50

2015

740.00

1999

28,266.00

2012

Cub m mn

yearly

1999 - 2016

Updated on 2017
Real GDP Growth

0.5

Jun 2017

-0.9

Mar 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Labour Productivity Growth

1.88

Dec 2016

0.69

Sep 2016

-3.51

Jun 2013

9.90

Dec 2014

%

quarterly

Mar 2013 - Dec 2016

Updated on Jun 2017
Domestic Credit Growth

1.8

Aug 2017

10.3

Jul 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Aug 2017

Updated on Sep 2017
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Total Imports

3,244.0

Jun 2017

3,244.6

May 2017

230.8

Feb 1986

6,405.0

Apr 2011

USD mn

monthly

Jan 1981 - Jun 2017

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

20.17

Aug 2017

20.19

Jul 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Aug 2017

Updated on Sep 2017
Forecast: Nominal GDP Per Capita

3,040.00

2022

3,014.14

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017
Public Consumption: % of GDP

5.9

2015

6.5

2014

2.1

1991

13.9

1978

%

yearly

1950 - 2015

Updated on 2017
Equity Market Index

35,440.0

Sep 2017

35,504.6

Aug 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Sep 2017

Updated on Sep 2017
Domestic Credit

87,890.9

Aug 2017

91,803.8

Jul 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Aug 2017

Updated on Sep 2017
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

27.6

2009

%

yearly

2003 - 2015

Updated on 2017
Visitor Arrivals

1,255,000

2015

600,000

2013

486,000

2012

1,555,000

2010

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

12.70

Aug 2017

12.35

Jul 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Aug 2017

Updated on Sep 2017
Forecast: Government Expenditure

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

1,861.00

Aug 2017

1,723.00

Jul 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Aug 2017

Updated on Sep 2017
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Short Term Interest Rate

21.21

Sep 2017

21.39

Aug 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Sep 2017

Updated on Oct 2017
Gold Reserves

0.06

May 2017

0.06

Apr 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Sep 1961 - May 2017

Updated on Aug 2017
Forecast: Government Net Debt

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

14.0

Jun 2017

18.1

Mar 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Direct Investment Abroad

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

3,961.8

Jun 2017

3,586.2

May 2017

322.9

Oct 1986

11,635.2

Aug 2011

USD mn

monthly

Jan 1981 - Jun 2017

Updated on Sep 2017
Bank Lending Rate

17.69

Aug 2017

17.65

Jul 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Aug 2017

Updated on Sep 2017
Consumer Confidence: Net Balance

34.2

Jun 2017

27.2

Mar 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2017

Updated on Aug 2017
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 2017
Trade Balance

492.5

Jun 2017

798.4

May 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
Forecast: GDP PPP Per Capita

6,327.51

2022

6,255.81

2021

2,026.44

1991

6,327.51

2022

Intl $

yearly

1990 - 2022

Updated on 2017
Crude Steel Production

100.00

2015

100.00

2014

0.00

2003

321.00

1985

Tonne th

yearly

1973 - 2015

Updated on 2016
Consumer Confidence Growth

0.7

Jun 2017

-13.7

Mar 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Jun 2017

Updated on Aug 2017
Exchange Rate against USD

305.387

Sep 2017

305.167

Aug 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Sep 2017

Updated on Sep 2017
Foreign Exchange Reserves

32,490.9

Sep 2017

31,825.7

Aug 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Sep 2017

Updated on Oct 2017
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Forecast: Real GDP Growth

1.81

2022

1.81

2021

-1.54

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 2017
Consumer Price Index CPI Growth

16.0

Sep 2017

16.0

Aug 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Sep 2017

Updated on Oct 2017
External Debt

15,047.0

Jun 2017

13,807.6

Mar 2017

3,287.7

Mar 2007

15,047.0

Jun 2017

USD mn

quarterly

Dec 2006 - Jun 2017

Updated on Sep 2017
Real Effective Exchange Rate

124.5

Aug 2017

123.0

Jul 2017

51.7

Mar 1992

718.3

Sep 1984

2005=100

monthly

Dec 1979 - Aug 2017

Updated on Sep 2017
Gross National Product

396,373.09

2016

470,329.01

2015

4,173.70

1960

548,655.75

2014

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

15.5

2015

21.8

2014

15.5

2015

33.4

2012

%

yearly

2010 - 2015

Updated on 2017
Labour Force Participation Rate

56.4

2016

56.3

2015

54.8

2004

57.0

1990

%

yearly

1990 - 2016

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

Sep 2017

22.5

Aug 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Sep 2017

Updated on Sep 2017
Private Consumption Expenditure

75,688.34

Sep 2016

91,067.41

Jun 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Investment: % of GDP

15.5

2015

15.8

2014

5.5

2005

34.0

1981

%

yearly

1981 - 2015

Updated on 2017
Business Confidence Growth

-0.4

Jun 2017

-21.6

Mar 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Jun 2017

Updated on Aug 2017
Foreign Direct Investment: % of GDP

1.0

Jun 2017

1.0

Mar 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Policy Rate

14.00

Sep 2017

14.00

Aug 2017

6.00

Aug 2010

14.00

Sep 2017

% pa

monthly

Dec 2006 - Sep 2017

Updated on Sep 2017
Gross Fixed Capital Formation

11,053.34

Sep 2016

21,047.37

Jun 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Forecast: Current Account Balance

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

89,018.82

2016

114,303.12

2015

121.32

1995

187,509.95

2013

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

-1.1

Mar 2017

-8.7

Dec 2016

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on Jul 2017
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

52,576,233.00

Dec 2016

53,554,109.00

Sep 2016

50,198,600.00

Jun 2012

57,270,900.00

Dec 2013

Person

quarterly

Mar 2012 - Dec 2016

Updated on Jun 2017
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

Updated on 2017
Forecast: Consumer Price Index Growth

14.50

2022

14.73

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

0.38

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
Container Port Throughput

1,062,388.64

2014

1,010,836.00

2013

72,500.00

2008

1,062,388.64

2014

TEU

yearly

2008 - 2014

Updated on 2015
Liner Shipping Connectivity Index

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
Total Deposits

115,177.95

2014

108,027.98

2013

8,990.28

2001

115,177.95

2014

USD mn

yearly

2001 - 2014

Updated on 2017
Imports: ICT Goods

1,821,759.16

2014

1,599,075.80

2013

142,895.81

2000

2,928,318.22

2010

USD th

yearly

2000 - 2014

Updated on 2016
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
Natural Gas Production: OPEC: Marketed Production

42,562.40

2016

45,148.10

2015

4,844.00

1995

45,148.10

2015

Cub m mn

yearly

1995 - 2016

Updated on 2017
Imports: Medicinal and Pharmaceutical Product

62,172.38

2016

72,309.87

2015

2,093.71

1996

102,212.69

2014

USD th

yearly

1995 - 2016

Updated on 2017
Minerals Production

147,959,459.00

2015

145,160,994.00

2014

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2015

Updated on 2017
National Government Debt

54,466.3

Jun 2017

53,040.0

Mar 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Jun 2017

Updated on Sep 2017
Nominal GDP

88,401.1

Jun 2017

85,300.0

Mar 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Current Account Balance

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

9.4

Jun 2017

9.2

May 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Jun 2017

Updated on Sep 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

14.3

Jun 2017

16.4

May 2017

-74.9

Oct 1986

207.1

Feb 2000

%

monthly

Jan 1982 - Jun 2017

Updated on Sep 2017
Tourism Revenue Growth

-21.8

2015

-2.4

2014

-77.3

2003

184.6

2008

%

yearly

1996 - 2015

Updated on 2017
Nominal GDP Growth

14.60

Jun 2017

17.06

Mar 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Public Consumption Expenditure

4,352.97

Sep 2016

5,984.48

Jun 2016

4,352.97

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Money Supply M1

32,411.11

Aug 2017

33,798.20

Jul 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Aug 2017

Updated on Sep 2017
Foreign Exchange Reserves: % of GDP

8.50

Jun 2017

7.86

Mar 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Jun 2017

Updated on Sep 2017
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

Updated on 2017
Exports: ICT Goods

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2016