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Nigeria Private Consumption: % of GDP

1981 - 2016 | Yearly | % | CEIC Data

Nigeria's Private Consumption accounted for 79.9 % of its Nominal GDP in Dec 2017, compared with a ratio of 81.5 % in the previous year. Nigeria's Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1981 to Dec 2017, with an average share of 54.8 %. The data reached an all-time high of 81.5 % in Dec 2016 and a record low of 9.8 % in Dec 1981. 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.

In the latest reports, Nigeria's GDP expanded 1.5 % YoY in Jun 2018. Nigeria's Nominal GDP reached 100.6 USD bn in Jun 2018. Its GDP deflator (implicit price deflator) increased 11.9 % in Jun 2018. Nigeria's GDP Per Capita reached 1,951.3 USD in Dec 2017. Its Gross Savings Rate was measured at 15.5 % in Dec 2017.

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What was Nigeria's Private Consumption: % of GDP in 2016?

Last

81.6

2016
Previous

78.2

2015
Min

9.8

1981
Max

81.6

2016
Unit

%

Frequency

yearly

Range

1981 - 2016

Updated on 10 May 2018
Last Previous Min Max Unit Frequency Range

81.6

2016

78.2

2015

9.8

1981

81.6

2016

%

yearly

1981 - 2016

Updated on 10 May 2018

View Nigeria's Private Consumption: % of GDP from 1981 to 2016 in the chart:

Nigeria Private Consumption: % of GDP

Series Details
Series ID

355214137

Name

Nigeria Private Consumption: % of GDP

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

CEIC Data

First Date

1981

Last Date

2016

Last Updated

10 May 2018

Statistics
Mean

52.1

Variance

285.9

Standard deviation

16.9

Skewness

-0.7

Kurtosis

0.4

Coefficient variation

0.3

Median

53.8

Max
2016

81.6

Min
1981

9.8

Previous observation
2015

78.2

Last observation
2016

81.6

Number of Observations

36

Get This Data

More Countries/Regions for Private Consumption: % of GDP

Country/Region Last Previous Min Max Unit Frequency Range
Albania

82.3

Mar 2018

76.0

Dec 2017

69.6

Dec 2011

90.4

Mar 2008

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-06-29
Algeria

43.2

2017

42.8

2016

30.2

2008

71.0

1952

%

yearly

1950 - 2017

Updated on 2018-10-30
Argentina

69.6

Mar 2018

63.2

Dec 2017

57.4

Dec 2007

71.7

Mar 2001

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-06-19
Armenia

80.0

Mar 2018

71.8

Dec 2017

60.5

Sep 2008

143.0

Mar 1995

%

quarterly

Dec 1994 - Mar 2018

Updated on 2018-05-31
Australia

57.2

Mar 2018

57.4

Dec 2017

51.2

Dec 1973

61.7

Mar 1983

%

quarterly

Sep 1959 - Mar 2018

Updated on 2018-06-06
Austria

51.0

Mar 2018

51.4

Dec 2017

50.5

Mar 2008

58.2

Mar 1988

%

quarterly

Mar 1988 - Mar 2018

Updated on 2018-05-30
Azerbaijan

61.6

Mar 2018

58.3

Dec 2017

30.4

Dec 2007

70.4

Dec 2003

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-07-19
Bahrain

45.0

2016

45.1

2015

22.4

1986

51.9

1991

%

yearly

1975 - 2016

Updated on 2018-04-20
Bangladesh

69.9

2018

68.7

2017

68.7

2017

98.9

1976

%

yearly

1960 - 2018

Updated on 2018-04-23
Belarus

56.4

Mar 2018

52.3

Dec 2017

40.7

Dec 2011

71.4

Jun 1994

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-06-29
Belgium

50.7

Mar 2018

50.5

Dec 2017

49.4

Mar 2007

60.0

Sep 1983

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-30
Bolivia

69.5

Mar 2018

78.2

Dec 2017

51.8

Jun 2013

82.3

Mar 1992

%

quarterly

Mar 1990 - Mar 2018

Updated on 2018-07-27
Bosnia and Herzegovina

77.0

2016

78.8

2015

77.0

2016

109.7

2003

%

yearly

2002 - 2016

Updated on 2018-04-20
Botswana

48.3

Mar 2018

47.2

Dec 2017

27.8

Dec 1999

57.9

Dec 2015

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-06-29
Brazil

63.8

Mar 2018

64.0

Dec 2017

54.5

Jun 1991

72.1

Mar 1994

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-30
Brunei

20.1

Mar 2018

20.7

Dec 2017

13.6

Mar 2014

31.8

Jun 2004

%

quarterly

Mar 2003 - Mar 2018

Updated on 2018-09-14
Bulgaria

68.0

Mar 2018

65.7

Dec 2017

53.1

Jun 1995

79.2

Sep 1996

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-07
Cambodia

73.5

2017

76.1

2016

73.5

2017

101.1

1993

%

yearly

1987 - 2017

Updated on 2018-10-09
Canada

57.4

Mar 2018

57.8

Dec 2017

47.9

Sep 1974

65.3

Dec 1961

%

quarterly

Mar 1961 - Mar 2018

Updated on 2018-05-31
Chile

61.0

Mar 2018

61.8

Dec 2017

52.0

Mar 2007

67.2

Dec 1998

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-18
China

39.1

2017

39.4

2016

35.6

2010

71.3

1962

%

yearly

1952 - 2017

Updated on 2018-02-02
Colombia

69.3

Mar 2018

66.7

Dec 2017

64.1

Sep 2013

70.9

Mar 2005

%

quarterly

Mar 2005 - Mar 2018

Updated on 2018-06-06
Croatia

61.7

Mar 2018

61.8

Dec 2017

49.4

Sep 2017

69.5

Dec 2002

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-01
Cyprus

73.1

Mar 2018

69.6

Dec 2017

53.5

Sep 2001

74.6

Mar 2016

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-08
Czech Republic

48.8

Mar 2018

47.3

Dec 2017

45.6

Dec 2007

52.2

Mar 1999

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-29
Denmark

47.5

Jun 2018

48.6

Mar 2018

45.8

Sep 2006

51.7

Dec 1993

%

quarterly

Mar 1990 - Jun 2018

Updated on 2018-09-28
Ecuador

61.1

Mar 2018

61.3

Dec 2017

58.4

Jun 2014

74.4

Dec 2001

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-06-29
Egypt

85.1

Mar 2018

86.6

Dec 2017

62.9

Jun 2006

88.0

Mar 2017

%

quarterly

Sep 2001 - Mar 2018

Updated on 2018-07-23
Estonia

52.6

Mar 2018

49.2

Dec 2017

47.9

Sep 2011

61.9

Mar 1997

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-05-31
European Union

55.8

Mar 2018

54.9

Dec 2017

54.9

Dec 2017

58.7

Sep 2001

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-20
Finland

53.7

Mar 2018

54.3

Dec 2017

46.6

Mar 2001

57.6

Mar 1978

%

quarterly

Mar 1975 - Mar 2018

Updated on 2018-07-12
France

53.8

Jun 2018

54.3

Mar 2018

52.7

Jun 1999

58.4

Dec 1982

%

quarterly

Mar 1980 - Jun 2018

Updated on 2018-10-01
Georgia

68.4

Mar 2018

63.1

Dec 2017

56.1

Sep 2017

120.5

Mar 1996

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-29
Germany

51.6

Mar 2018

53.5

Dec 2017

51.6

Mar 2018

59.0

Jun 2009

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-24
Greece

71.7

Mar 2018

69.0

Dec 2017

59.8

Sep 2004

74.2

Mar 2010

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-04
Hong Kong

69.1

Mar 2018

66.2

Dec 2017

53.0

Sep 1989

72.2

Jun 2013

%

quarterly

Mar 1973 - Mar 2018

Updated on 2018-05-11
Hungary

52.6

Mar 2018

47.9

Dec 2017

47.0

Dec 2015

60.8

Mar 2003

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-05
Iceland

50.6

Mar 2018

53.1

Dec 2017

44.0

Sep 2016

62.0

Jun 2000

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
India

57.8

Mar 2018

62.2

Dec 2017

52.5

Mar 2011

71.1

Sep 1996

%

quarterly

Jun 1996 - Mar 2018

Updated on 2018-06-04
Indonesia

56.6

Jun 2018

58.0

Mar 2018

47.9

Mar 1992

75.5

Dec 1998

%

quarterly

Mar 1990 - Jun 2018

Updated on 2018-09-14
Iran

47.3

Mar 2018

46.7

Dec 2017

33.2

Sep 1993

89.3

Mar 1990

%

quarterly

Jun 1988 - Mar 2018

Updated on 2018-07-17
Ireland

32.4

Mar 2018

34.4

Dec 2017

32.1

Sep 2017

57.5

Dec 1996

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-25
Israel

55.4

Mar 2018

53.4

Dec 2017

50.4

Dec 1984

66.1

Sep 1990

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-07-16
Italy

62.2

Mar 2018

58.1

Dec 2017

53.8

Dec 1991

63.7

Sep 2012

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-06-11
Ivory Coast

55.6

2016

56.1

2015

52.7

1977

73.3

1991

%

yearly

1960 - 2016

Updated on 2018-04-19
Japan

55.4

Mar 2018

54.6

Dec 2017

51.3

Dec 1997

60.1

Sep 2009

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-06-08
Jordan

86.9

2016

89.7

2015

64.6

1995

107.2

1966

%

yearly

1959 - 2016

Updated on 2018-04-20
Kazakhstan

57.5

Dec 2017

48.3

Sep 2017

36.5

Jun 2011

83.6

Jun 1994

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-07-11
Kenya

79.5

2017

78.4

2016

63.3

1969

87.6

1995

%

yearly

1964 - 2017

Updated on 2018-06-14
South Korea

51.1

Mar 2018

48.0

Dec 2017

46.9

Dec 1988

116.2

Mar 1964

%

quarterly

Mar 1960 - Mar 2018

Updated on 2018-05-31
Kosovo

92.1

Mar 2018

93.5

Dec 2017

66.0

Sep 2017

95.8

Dec 2014

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-06-28
Kuwait

43.5

2017

45.2

2016

14.8

1974

93.3

1991

%

yearly

1962 - 2017

Updated on 2018-07-26
Kyrgyzstan

71.0

Dec 2017

87.2

Sep 2017

50.4

Dec 2001

118.9

Mar 2008

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-25
Laos

64.4

2016

71.2

2015

64.4

2016

90.1

2001

%

yearly

2000 - 2016

Updated on 2018-05-17
Latvia

60.6

Jun 2018

64.9

Mar 2018

56.5

Dec 2015

71.1

Mar 1996

%

quarterly

Mar 1995 - Jun 2018

Updated on 2018-08-31
Lebanon

88.5

2016

86.5

2015

56.5

1990

92.1

1998

%

yearly

1990 - 2016

Updated on 2018-05-30
Lithuania

64.1

Jun 2018

65.8

Mar 2018

57.4

Sep 1996

69.6

Mar 2009

%

quarterly

Mar 1995 - Jun 2018

Updated on 2018-08-31
Luxembourg

30.0

Mar 2018

29.1

Dec 2017

28.6

Dec 2014

44.6

Sep 1995

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-21
Macau

23.8

Mar 2018

22.7

Dec 2017

17.8

Dec 2013

49.1

Jun 2003

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-05-29
Macedonia

64.3

Mar 2018

64.8

Dec 2017

64.3

Mar 2018

87.9

Mar 2004

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-07
Malawi

80.6

2016

81.7

2015

62.7

1978

93.3

2005

%

yearly

1960 - 2016

Updated on 2018-04-19
Malaysia

57.1

Mar 2018

53.8

Dec 2017

39.8

Sep 1999

58.6

Mar 1991

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-17
Malta

45.9

Mar 2018

45.6

Dec 2017

43.6

Sep 2017

65.9

Mar 2000

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-05
Mauritius

74.1

Mar 2018

75.5

Dec 2017

56.3

Jun 2001

76.8

Sep 2017

%

quarterly

Mar 1999 - Mar 2018

Updated on 2018-06-29
Mexico

64.8

Mar 2018

66.4

Dec 2017

63.9

Jun 2012

72.2

Dec 2003

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-06-20
Moldova

92.0

Mar 2018

86.5

Dec 2017

51.0

Sep 1995

107.4

Mar 2000

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-12
Mongolia

56.0

Mar 2018

45.0

Dec 2017

44.7

Dec 2016

74.9

Mar 2010

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-15
Montenegro

86.3

Mar 2018

81.2

Dec 2017

58.4

Sep 2016

93.9

Mar 2012

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-06-22
Morocco

58.0

2017

58.3

2016

57.5

2015

60.4

2012

%

yearly

2007 - 2017

Updated on 2018-06-04
Nepal

73.3

2018

76.7

2017

73.3

2018

84.4

2016

%

yearly

1975 - 2018

Updated on 2018-06-15
Netherlands

44.3

Mar 2018

43.0

Dec 2017

43.0

Dec 2017

55.9

Mar 1979

%

quarterly

Mar 1977 - Mar 2018

Updated on 2018-07-23
New Zealand

54.4

Mar 2018

57.0

Dec 2017

52.5

Mar 2002

64.4

Sep 1998

%

quarterly

Jun 1987 - Mar 2018

Updated on 2018-06-20
Nigeria

81.6

2016

78.2

2015

9.8

1981

81.6

2016

%

yearly

1981 - 2016

Updated on 2018-05-10
Norway

43.4

Mar 2018

44.1

Dec 2017

36.7

Mar 2012

53.2

Dec 1986

%

quarterly

Mar 1978 - Mar 2018

Updated on 2018-06-06
Oman

38.5

2016

37.5

2015

28.0

2008

50.3

1991

%

yearly

1980 - 2016

Updated on 2018-04-20
Pakistan

82.1

2018

82.0

2017

68.2

1991

84.7

1975

%

yearly

1967 - 2018

Updated on 2018-06-15
Panama

50.1

2016

51.7

2015

50.1

2016

80.4

1951

%

yearly

1950 - 2016

Updated on 2018-04-25
Paraguay

64.5

Mar 2018

64.0

Dec 2017

61.0

Mar 2014

67.8

Jun 2017

%

quarterly

Mar 2014 - Mar 2018

Updated on 2018-07-06
Peru

66.1

Mar 2018

60.6

Dec 2017

53.7

Sep 1982

81.4

Sep 1993

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-25
Philippines

73.0

Jun 2018

75.2

Mar 2018

55.2

Mar 1981

77.0

Sep 1985

%

quarterly

Mar 1981 - Jun 2018

Updated on 2018-09-13
Poland

64.5

Mar 2018

50.9

Dec 2017

49.4

Dec 2015

71.8

Mar 2002

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-03
Portugal

65.2

Mar 2018

64.8

Dec 2017

61.9

Dec 2001

66.6

Sep 2008

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-05-30
Qatar

24.8

2017

25.9

2016

13.4

2012

32.8

1993

%

yearly

1980 - 2017

Updated on 2018-07-17
Romania

63.4

Mar 2018

60.8

Dec 2017

56.8

Sep 1995

81.8

Jun 1996

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-06
Russia

52.9

Mar 2018

50.8

Dec 2017

42.7

Jun 1993

61.0

Mar 1999

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-07-02
Saudi Arabia

40.2

Mar 2018

39.6

Dec 2017

23.6

Dec 2007

45.2

Mar 2016

%

quarterly

Mar 2003 - Mar 2018

Updated on 2018-07-18
Serbia

77.5

Mar 2018

68.6

Dec 2017

66.7

Dec 2003

90.5

Jun 1999

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-31
Singapore

35.6

2017

36.0

2016

35.5

2010

90.5

1961

%

yearly

1957 - 2017

Updated on 2018-04-27
Slovakia

53.8

Jun 2018

57.9

Mar 2018

47.7

Jun 1995

63.5

Mar 2009

%

quarterly

Mar 1993 - Jun 2018

Updated on 2018-09-14
Slovenia

49.8

Jun 2018

51.6

Sep 2017

49.5

Mar 2007

62.1

Sep 1995

%

quarterly

Mar 1995 - Jun 2018

Updated on 2018-08-31
South Africa

58.6

Mar 2018

62.3

Dec 2017

47.6

Jun 1980

66.9

Dec 1996

%

quarterly

Mar 1960 - Mar 2018

Updated on 2018-06-05
Spain

60.6

Mar 2018

56.3

Dec 2017

54.3

Jun 2009

68.6

Sep 1981

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-31
Sri Lanka

65.3

Mar 2018

59.5

Dec 2017

59.2

Dec 2016

77.3

Mar 2010

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-07-16
Sudan

77.8

2016

81.6

2015

57.6

2004

92.6

1988

%

yearly

1976 - 2016

Updated on 2018-04-20
Sweden

44.2

Mar 2018

43.0

Dec 2017

43.0

Dec 2017

51.1

Sep 1993

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-31
Switzerland

53.6

Mar 2018

53.9

Dec 2017

52.3

Sep 2008

63.2

Dec 1982

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-31
Syria

110.1

2016

104.6

2015

59.5

2002

110.7

2014

%

yearly

1963 - 2016

Updated on 2018-05-08
Taiwan

54.2

Mar 2018

51.8

Dec 2017

43.5

Jun 1987

74.0

Mar 1962

%

quarterly

Mar 1961 - Mar 2018

Updated on 2018-05-25
Tajikistan

118.3

2013

119.3

2012

42.2

1992

125.3

2008

%

yearly

1988 - 2013

Updated on 2018-04-19
Thailand

45.9

Mar 2018

47.5

Dec 2017

45.9

Mar 2018

57.8

Jun 2004

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-05-30
Tunisia

71.8

2017

71.8

2016

60.4

1983

75.8

1960

%

yearly

1960 - 2017

Updated on 2018-10-31
Turkey

60.4

Mar 2018

59.0

Dec 2017

58.2

Sep 2015

73.4

Mar 2000

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-11
Ukraine

72.8

Mar 2018

64.2

Dec 2017

49.3

Sep 2004

77.2

Mar 2014

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-06-20
United Arab Emirates

34.9

2017

36.2

2016

7.1

1974

61.4

2002

%

yearly

1972 - 2017

Updated on 2018-06-12
United Kingdom

64.1

Mar 2018

67.0

Dec 2017

58.6

Mar 1973

69.6

Dec 1955

%

quarterly

Mar 1955 - Mar 2018

Updated on 2018-06-29
United States

68.0

Jun 2018

68.3

Mar 2018

58.6

Mar 1967

68.7

Sep 2011

%

quarterly

Mar 1947 - Jun 2018

Updated on 2018-09-27
Uruguay

66.8

2017

66.1

2016

66.1

2016

80.9

1959

%

yearly

1955 - 2017

Updated on 2018-04-23
Venezuela

121.3

2015

75.3

2014

40.0

1974

121.3

2015

%

yearly

1950 - 2015

Updated on 2018-04-30
Vietnam

68.5

2016

68.0

2015

64.5

2012

94.9

1985

%

yearly

1985 - 2016

Updated on 2018-04-24
Yemen

107.0

2016

97.3

2015

60.3

2000

107.0

2016

%

yearly

1990 - 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
Nominal GDP Growth

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
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
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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