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Nigeria Public Consumption: % of GDP

1950 - 2016 | Yearly | % | CEIC

Nigeria's Public Consumption accounted for 5.4 % of its Nominal GDP in Dec 2016, compared with a share of 5.9 % in the previous year. Nigeria's Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1950 to Dec 2016, with an average number of 5.9 %. The data reached an all-time high of 13.9 % in Dec 1978 and a record low of 2.1 % in Dec 1991. CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The National Bureau of Statistics of the Federal Republic of Nigeria provides Government Consumption Expenditure in local currency and Nominal GDP in local currency. Government Consumption as % of Nominal GDP prior to 2010 is sourced from the International Monetary Fund.

In the latest reports, Nigeria's GDP expanded 1.9 % YoY in Dec 2017. Nigeria's Nominal GDP reached 102.2 USD bn in Dec 2017. Its GDP deflator (implicit price deflator) increased 5.0 % in Dec 2017. Nigeria's GDP Per Capita reached 2,156.8 USD in Dec 2016. Its Gross Savings Rate was measured at 13.1 % in Dec 2016.

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

Last

5.4

2016
Previous

5.9

2015
Min

2.1

1991
Max

13.9

1978
Unit

%

Frequency

yearly

Range

1950 - 2016

Updated on 19 Mar 2018
Last Previous Min Max Unit Frequency Range

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 19 Mar 2018

View Nigeria's Public Consumption: % of GDP from 1950 to 2016 in the chart:

Public Consumption: % of GDP Nigeria

Series Details
Series ID

355214147

Name

Public Consumption: % of GDP Nigeria

Country

Nigeria

Frequency

Yearly

Unit

%

Status

Active

Source

CEIC Generated

First Date

1950

Last Date

2016

Last Updated

19 Mar 2018

Statistics
Mean

6.2

Variance

7.2

Standard deviation

2.7

Skewness

0.8

Kurtosis

0.3

Coefficient variation

0.4

Median

5.9

Max
1978

13.9

Min
1991

2.1

Previous observation
2015

5.9

Last observation
2016

5.4

Number of Observations

67

Get This Data

More Countries for Public Consumption: % of GDP

Country Last Previous Min Max Unit Frequency Range
United States

14.0

Dec 2017

14.1

Sep 2017

12.4

Sep 1950

18.4

Dec 1953

%

quarterly

Mar 1947 - Dec 2017

Updated on 2018-03-28
Canada

20.5

Dec 2017

19.6

Sep 2017

14.1

Sep 1964

27.1

Mar 1992

%

quarterly

Mar 1961 - Dec 2017

Updated on 2018-03-29
France

23.4

Dec 2017

23.5

Sep 2017

14.6

Sep 1960

24.1

Sep 2009

%

quarterly

Mar 1949 - Dec 2017

Updated on 2018-04-06
Germany

20.8

Dec 2017

18.8

Sep 2017

16.7

Sep 2007

21.2

Dec 1992

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-03-29
Italy

21.2

Dec 2017

17.2

Sep 2017

16.0

Sep 1980

23.6

Dec 1990

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-03-20
Japan

20.0

Dec 2017

18.3

Sep 2017

11.3

Sep 1990

22.0

Jun 2011

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-03-30
United Kingdom

18.1

Dec 2017

18.3

Sep 2017

15.5

Dec 1964

21.7

Mar 2010

%

quarterly

Mar 1955 - Dec 2017

Updated on 2018-03-29
Austria

20.1

Dec 2017

19.1

Sep 2017

17.5

Sep 1990

21.4

Mar 1999

%

quarterly

Mar 1988 - Dec 2017

Updated on 2018-03-29
Belgium

23.6

Dec 2017

22.7

Sep 2017

19.8

Mar 1990

25.7

Sep 1984

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-03-21
Bulgaria

16.6

Dec 2017

13.7

Sep 2017

9.1

Sep 1997

25.5

Dec 2004

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-26
Cyprus

18.5

Dec 2017

13.1

Sep 2017

10.0

Jun 1995

26.5

Dec 2009

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-26
Czech Republic

21.3

Dec 2017

18.1

Sep 2017

15.8

Sep 1991

27.3

Dec 1993

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-04-03
Denmark

25.3

Dec 2017

25.3

Sep 2017

22.9

Dec 1997

28.1

Mar 2010

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-04-05
Estonia

22.1

Dec 2017

18.7

Sep 2017

13.5

Sep 2006

29.1

Dec 1994

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-03-14
Finland

23.4

Dec 2017

22.6

Sep 2017

16.3

Dec 1979

25.4

Dec 2013

%

quarterly

Mar 1975 - Dec 2017

Updated on 2018-04-02
Greece

22.4

Dec 2017

18.7

Sep 2017

16.1

Mar 1998

25.1

Dec 2011

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-21
Hungary

21.3

Dec 2017

19.4

Sep 2017

18.4

Sep 2013

26.7

Mar 1995

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-20
Iceland

23.9

Dec 2017

21.2

Sep 2017

20.3

Sep 1997

25.7

Mar 2009

%

quarterly

Mar 1997 - Dec 2017

Updated on 2018-03-28
Ireland

9.4

Dec 2017

9.4

Sep 2017

9.4

Dec 2016

18.0

Dec 2009

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-21
Latvia

19.2

Dec 2017

15.7

Sep 2017

7.1

Mar 1992

25.6

Mar 1995

%

quarterly

Mar 1992 - Dec 2017

Updated on 2018-03-29
Lithuania

17.3

Dec 2017

14.0

Sep 2017

12.1

Sep 1993

28.7

Dec 1998

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-03-21
Argentina

19.1

Dec 2017

18.1

Sep 2017

9.9

Jun 2004

19.7

Dec 2015

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-03-21
Luxembourg

17.2

Dec 2017

15.9

Sep 2017

13.8

Mar 2000

18.9

Dec 2009

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-22
Malta

14.6

Dec 2017

15.0

Sep 2017

14.0

Sep 2016

24.8

Mar 1996

%

quarterly

Mar 1992 - Dec 2017

Updated on 2018-03-26
Bolivia

17.2

Sep 2017

17.7

Jun 2017

9.1

Mar 1991

20.4

Dec 2015

%

quarterly

Mar 1990 - Sep 2017

Updated on 2018-03-22
Netherlands

24.2

Dec 2017

23.7

Sep 2017

19.7

Sep 2000

28.0

Jun 1982

%

quarterly

Mar 1977 - Dec 2017

Updated on 2018-03-26
Norway

23.4

Dec 2017

24.8

Sep 2017

10.1

Sep 1961

25.0

Sep 2016

%

quarterly

Mar 1961 - Dec 2017

Updated on 2018-03-28
Brazil

21.8

Dec 2017

19.0

Sep 2017

14.3

Mar 1991

23.2

Dec 2001

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-03-20
Poland

18.9

Dec 2017

16.8

Sep 2017

14.2

Dec 1999

20.0

Jun 2006

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-20
Chile

14.5

Dec 2017

14.0

Sep 2017

9.5

Jun 2006

14.7

Dec 2016

%

quarterly

Mar 1996 - Dec 2017

Updated on 2018-03-19
Portugal

17.6

Dec 2017

17.7

Sep 2017

17.3

Mar 1995

21.5

Jun 2009

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-23
Colombia

19.0

Dec 2017

19.2

Sep 2017

15.1

Sep 2008

19.2

Sep 2017

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-03-19
Romania

14.3

Dec 2017

14.1

Sep 2017

7.8

Sep 1998

21.7

Mar 2003

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-04-05
Slovakia

21.9

Dec 2017

17.5

Sep 2017

5.4

Dec 2008

26.7

Dec 1993

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-04-02
Slovenia

18.6

Dec 2017

17.5

Sep 2017

16.5

Sep 2007

21.1

Dec 2011

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-20
Ecuador

14.4

Dec 2017

14.6

Sep 2017

4.6

Mar 2000

15.1

Dec 2014

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-03-30
Mexico

11.8

Dec 2017

11.7

Sep 2017

8.0

Dec 1996

12.7

Mar 2015

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-04-02
Spain

19.4

Dec 2017

17.3

Sep 2017

15.6

Sep 2001

22.2

Dec 2009

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-19
Panama

10.6

2016

10.3

2015

8.2

1950

23.0

1987

%

yearly

1950 - 2016

Updated on 2018-03-19
Sweden

26.6

Dec 2017

26.3

Sep 2017

22.9

Dec 1988

29.0

Jun 1980

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-03-20
Paraguay

10.8

Sep 2017

12.0

Jun 2017

7.4

Mar 2008

14.9

Dec 2012

%

quarterly

Mar 1994 - Sep 2017

Updated on 2018-03-20
Switzerland

11.9

Dec 2017

11.9

Sep 2017

10.0

Jun 1980

12.5

Sep 1992

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-03-12
Peru

14.1

Dec 2017

11.1

Sep 2017

6.7

Jun 1991

18.5

Sep 1982

%

quarterly

Mar 1980 - Dec 2017

Updated on 2018-03-30
Uruguay

14.3

2017

14.5

2016

8.7

1955

22.4

1970

%

yearly

1955 - 2017

Updated on 2018-03-22
Venezuela

12.9

2015

14.6

2014

11.1

2005

14.6

2014

%

yearly

1997 - 2015

Updated on 2018-03-19
Algeria

20.8

2016

21.6

2015

10.7

1974

36.1

1958

%

yearly

1950 - 2016

Updated on 2018-03-20
Australia

18.3

Dec 2017

18.0

Sep 2017

10.1

Dec 1963

20.5

Jun 1986

%

quarterly

Sep 1959 - Dec 2017

Updated on 2018-03-29
Bangladesh

6.5

2018

6.0

2017

3.2

1975

13.4

1970

%

yearly

1960 - 2018

Updated on 2018-04-04
Brunei

23.8

Sep 2017

24.3

Jun 2017

12.4

Mar 2012

29.5

Mar 2017

%

quarterly

Mar 2003 - Sep 2017

Updated on 2018-03-26
Cambodia

5.2

2016

5.4

2015

3.5

2006

6.9

1994

%

yearly

1993 - 2016

Updated on 2018-04-02
Bahrain

17.1

2016

17.6

2015

11.3

2008

22.5

1985

%

yearly

1975 - 2016

Updated on 2018-04-02
China

14.5

2017

14.3

2016

9.0

1959

16.6

2000

%

yearly

1952 - 2017

Updated on 2018-02-02
Botswana

18.4

Dec 2017

18.4

Sep 2017

16.1

Sep 2006

33.5

Jun 1998

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-03-29
Hong Kong

9.1

Dec 2017

9.7

Sep 2017

5.0

Jun 1973

11.7

Mar 2004

%

quarterly

Mar 1973 - Dec 2017

Updated on 2018-03-14
India

10.4

Dec 2017

12.4

Sep 2017

8.0

Mar 2016

17.7

Mar 1998

%

quarterly

Jun 1996 - Dec 2017

Updated on 2018-03-21
Israel

22.4

Dec 2017

22.3

Sep 2017

21.4

Dec 2007

44.5

Sep 1981

%

quarterly

Mar 1979 - Dec 2017

Updated on 2018-03-20
Indonesia

12.2

Dec 2017

8.8

Sep 2017

5.1

Sep 1998

13.5

Dec 2015

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-03-26
Jordan

19.1

2012

19.1

2011

19.1

2012

39.5

1974

%

yearly

1959 - 2012

Updated on 2018-03-29
South Korea

15.2

Dec 2017

15.8

Sep 2017

7.2

Dec 1964

19.2

Mar 1960

%

quarterly

Mar 1960 - Dec 2017

Updated on 2018-03-27
Malawi

16.1

2016

13.9

2015

9.4

2003

31.6

1994

%

yearly

1960 - 2016

Updated on 2017-12-18
Malaysia

14.5

Dec 2017

11.1

Sep 2017

7.1

Mar 1998

18.1

Dec 2012

%

quarterly

Mar 1991 - Dec 2017

Updated on 2018-03-20
Laos

14.0

2016

15.1

2015

6.5

2000

17.1

2013

%

yearly

2000 - 2016

Updated on 2018-03-19
Macau

12.1

Dec 2017

9.5

Sep 2017

5.1

Mar 2014

18.4

Dec 1999

%

quarterly

Mar 1998 - Dec 2017

Updated on 2018-03-20
Nepal

11.7

2017

11.6

2016

6.7

1980

11.7

2017

%

yearly

1975 - 2017

Updated on 2018-03-19
New Zealand

17.1

Dec 2017

19.1

Sep 2017

15.6

Dec 2001

21.0

Jun 2009

%

quarterly

Jun 1987 - Dec 2017

Updated on 2018-03-19
Pakistan

11.9

2017

11.3

2016

7.3

2001

16.8

1989

%

yearly

1960 - 2017

Updated on 2018-03-19
Philippines

10.9

Dec 2017

11.3

Sep 2017

6.7

Jun 1984

14.4

Jun 1998

%

quarterly

Mar 1981 - Dec 2017

Updated on 2018-03-19
Singapore

10.9

2017

10.7

2016

7.5

1960

13.4

1985

%

yearly

1957 - 2017

Updated on 2018-03-20
Sri Lanka

9.3

Dec 2017

8.6

Sep 2017

7.0

Mar 2012

9.6

Jun 2015

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-04
Taiwan

13.9

Dec 2017

13.8

Sep 2017

13.1

Dec 1986

20.6

Mar 1991

%

quarterly

Mar 1981 - Dec 2017

Updated on 2018-02-20
Thailand

16.1

Dec 2017

17.3

Sep 2017

10.0

Dec 1994

19.0

Sep 2014

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-03-20
Vietnam

6.5

2016

6.3

2015

5.0

1986

8.4

1996

%

yearly

1985 - 2016

Updated on 2018-03-20
Albania

12.0

Dec 2017

11.8

Sep 2017

9.3

Mar 2008

12.7

Dec 2014

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-04-05
Armenia

14.6

Dec 2017

12.3

Sep 2017

8.0

Sep 2008

16.3

Jun 2016

%

quarterly

Dec 1994 - Dec 2017

Updated on 2018-03-30
Azerbaijan

11.2

Sep 2017

10.9

Jun 2017

6.6

Mar 2008

14.9

Dec 2001

%

quarterly

Mar 2001 - Sep 2017

Updated on 2018-04-02
Belarus

14.9

Dec 2017

12.2

Sep 2017

11.0

Sep 2011

23.8

Jun 1994

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-03-30
Bosnia and Herzegovina

20.3

2016

21.2

2015

20.2

2007

24.5

2002

%

yearly

2002 - 2016

Updated on 2018-04-02
Croatia

20.4

Dec 2017

17.5

Sep 2017

16.7

Sep 2003

28.5

Mar 1999

%

quarterly

Mar 1997 - Dec 2017

Updated on 2018-03-29
Georgia

16.7

Sep 2017

16.6

Jun 2017

4.9

Mar 1996

26.4

Jun 2008

%

quarterly

Mar 1996 - Sep 2017

Updated on 2018-03-21
Kazakhstan

9.8

Sep 2017

13.3

Jun 2017

8.5

Dec 1994

19.5

Mar 1994

%

quarterly

Mar 1994 - Sep 2017

Updated on 2018-03-20
Kyrgyzstan

13.3

Sep 2017

21.4

Jun 2017

11.5

Sep 2003

24.7

Dec 2000

%

quarterly

Mar 2000 - Sep 2017

Updated on 2018-03-23
Macedonia

15.4

Dec 2017

14.4

Sep 2017

14.4

Sep 2017

25.9

Jun 2001

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-03-22
Moldova

18.5

Dec 2017

12.6

Sep 2017

10.4

Sep 2000

35.1

Dec 1997

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-21
Mongolia

13.7

Dec 2017

10.2

Sep 2017

9.3

Sep 2010

16.7

Dec 2012

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-03
Mauritius

14.0

Dec 2017

14.9

Sep 2017

11.2

Dec 2007

16.5

Jun 2016

%

quarterly

Mar 1999 - Dec 2017

Updated on 2018-03-30
Montenegro

22.7

Dec 2017

13.8

Sep 2017

13.8

Sep 2017

30.6

Dec 2010

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-27
Russia

16.4

Dec 2017

17.3

Sep 2017

12.5

Mar 1993

23.6

Mar 1994

%

quarterly

Mar 1993 - Dec 2017

Updated on 2018-04-03
Serbia

16.6

Dec 2017

15.1

Sep 2017

15.1

Sep 2017

23.3

Sep 1997

%

quarterly

Mar 1996 - Dec 2017

Updated on 2018-03-26
Tajikistan

14.8

2015

13.9

2014

5.9

1991

27.2

1992

%

yearly

1985 - 2015

Updated on 2016-12-19
Turkey

15.8

Dec 2017

12.8

Sep 2017

9.3

Sep 1998

17.0

Dec 2009

%

quarterly

Mar 1998 - Dec 2017

Updated on 2018-03-29
Ukraine

22.4

Dec 2017

16.8

Sep 2017

13.1

Sep 2011

23.0

Dec 2015

%

quarterly

Mar 2001 - Dec 2017

Updated on 2018-03-21
Morocco

19.2

2016

19.3

2015

16.8

2008

19.9

2014

%

yearly

2007 - 2016

Updated on 2018-03-28
Nigeria

5.4

2016

5.9

2015

2.1

1991

13.9

1978

%

yearly

1950 - 2016

Updated on 19 Mar 2018
Oman

29.1

2016

28.1

2015

14.2

2008

29.6

1988

%

yearly

1980 - 2016

Updated on 2018-03-28
Qatar

23.3

2016

19.8

2015

10.2

2008

45.6

1986

%

yearly

1980 - 2016

Updated on 2018-03-29
Saudi Arabia

32.8

Dec 2017

22.3

Sep 2017

15.5

Mar 2008

32.8

Dec 2017

%

quarterly

Mar 2003 - Dec 2017

Updated on 2018-04-01
South Africa

21.1

Dec 2017

20.9

Sep 2017

8.6

Jun 1963

21.5

Mar 2010

%

quarterly

Mar 1960 - Dec 2017

Updated on 2018-03-29
Sudan

5.3

2016

4.6

2015

4.6

2015

21.8

1969

%

yearly

1960 - 2016

Updated on 2018-03-14
Syria

12.4

2010

12.0

2009

10.6

1999

23.9

1985

%

yearly

1963 - 2010

Updated on 2018-04-02
Tunisia

20.0

2016

19.6

2015

12.8

1974

20.0

2016

%

yearly

1960 - 2016

Updated on 2018-04-06
Yemen

17.4

2013

16.5

2012

11.4

2005

17.4

2013

%

yearly

1990 - 2013

Updated on 2018-03-26
United Arab Emirates

14.0

2016

13.6

2015

5.7

1975

14.1

1988

%

yearly

1972 - 2016

Updated on 2018-03-21
Egypt

7.5

Dec 2017

8.1

Sep 2017

7.5

Dec 2017

14.9

Jun 2014

%

quarterly

Sep 2001 - Dec 2017

Updated on 2018-04-05
Kuwait

25.9

2016

24.2

2015

7.3

1974

201.0

1991

%

yearly

1962 - 2016

Updated on 2018-03-20
Ivory Coast

11.5

2016

11.9

2015

7.9

1960

18.3

1989

%

yearly

1960 - 2016

Updated on 2017-12-18
European Union

20.9

Dec 2017

19.5

Sep 2017

18.4

Sep 1998

22.6

Dec 2009

%

quarterly

Mar 1995 - Dec 2017

Updated on 2018-03-20
Kenya

13.6

2016

14.3

2015

11.0

1960

19.8

1980

%

yearly

1960 - 2016

Updated on 2018-03-20
Iran

13.0

Sep 2017

11.4

Jun 2017

7.5

Jun 2011

22.1

Mar 1996

%

quarterly

Jun 1988 - Sep 2017

Updated on 2018-03-20
Lebanon

12.6

2015

12.8

2014

11.7

2010

17.6

2001

%

yearly

1997 - 2015

Updated on 2018-03-20
Kosovo

14.8

Dec 2017

11.4

Sep 2017

11.4

Sep 2017

20.7

Dec 2011

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-04-04

More Indicators for Nigeria

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

16.2

2017

14.3

2016

7.3

2008

79.4

1992

%

yearly

1981 - 2017

Updated on 2018-03-19
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
Foreign Direct Investment

959.5

Dec 2017

798.4

Sep 2017

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Imports Growth

19.3

Dec 2017

19.6

Nov 2017

-66.4

Feb 1986

114.1

Apr 2011

%

monthly

Jan 1982 - Dec 2017

Updated on 2018-03-24
Money Supply M2

78,649.26

Feb 2018

78,066.46

Jan 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
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 2017-10-10
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2017-09-18
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 2017-06-13
Real GDP Growth

1.9

Dec 2017

1.4

Sep 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Labour Productivity Growth

1.96

Sep 2017

-1.16

Jun 2017

-3.81

Sep 2016

4.54

Sep 2014

%

quarterly

Mar 2013 - Sep 2017

Updated on 2018-04-04
Domestic Credit Growth

-1.1

Feb 2018

-2.5

Jan 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Feb 2018

Updated on 2018-03-19
Market Capitalization: % of GDP

12.0

2017

9.1

2016

2.9

1985

30.9

2007

%

yearly

1985 - 2017

Updated on 2018-03-19
Total Imports

3,285.0

Dec 2017

2,937.6

Nov 2017

230.8

Feb 1986

6,400.0

Apr 2011

USD mn

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-24
CPI: Food and Non Alcoholic Beverage Change

17.56

Feb 2018

18.88

Jan 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Feb 2018

Updated on 2018-03-19
Forecast: Nominal GDP Per Capita

2,929.74

2022

2,901.87

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017-10-10
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 2017-06-13
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-16
Equity Market Index

41,504.5

Mar 2018

43,330.5

Feb 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Mar 2018

Updated on 2018-03-30
Domestic Credit

88,114.1

Feb 2018

84,665.3

Jan 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

32.8

2009

%

yearly

2003 - 2015

Updated on 2017-11-23
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-03-19
Core CPI Change

12.34

Feb 2018

12.68

Jan 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Feb 2018

Updated on 2018-03-19
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 2017-10-10
Motor Vehicle Sales: Commercial Cars

2,948.00

Dec 2017

3,800.00

Dec 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
Crude Oil: Production

1,806.00

Feb 2018

1,781.00

Jan 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Feb 2018

Updated on 2018-03-14
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017-09-20
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017-08-27
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017-03-30
Short Term Interest Rate

16.01

Mar 2018

15.98

Feb 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Mar 2018

Updated on 2018-04-03
Gold Reserves

0.06

Jan 2018

0.06

Dec 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Dec 1950 - Jan 2018

Updated on 2018-03-26
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 2017-10-10
Motor Vehicle Sales: Passenger Cars

4,051.20

Dec 2017

19,200.00

Dec 2016

4,051.20

Dec 2017

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2017

Updated on 2018-03-08
GDP Deflator Growth

5.0

Dec 2017

9.5

Sep 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Direct Investment Abroad

321.5

Dec 2017

322.2

Sep 2017

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Exports

4,175.5

Dec 2017

4,677.8

Nov 2017

322.9

Oct 1986

11,696.1

Aug 2011

USD mn

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-24
Bank Lending Rate

17.53

Feb 2018

17.50

Jan 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Feb 2018

Updated on 2018-03-19
Consumer Confidence: Net Balance

34.4

Dec 2017

34.8

Sep 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2017-12-20
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

56.1

1991

%

yearly

1985 - 2017

Updated on 2018-03-19
Trade Balance

2,488.5

Dec 2017

1,855.1

Nov 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Dec 2017

Updated on 2018-03-19
Forecast: GDP PPP Per Capita

6,242.81

2022

6,185.37

2021

2,026.44

1991

6,242.81

2022

PPP Intl $

yearly

1990 - 2022

Updated on 2017-10-13
Consumer Confidence Growth

4.5

Dec 2017

2.7

Sep 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Dec 2017

Updated on 2018-03-19
Exchange Rate against USD

305.240

Mar 2018

305.395

Feb 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Mar 2018

Updated on 2018-03-30
Foreign Exchange Reserves

46,208.9

Mar 2018

42,492.7

Feb 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Mar 2018

Updated on 2018-03-30
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-03-19
Forecast: Real GDP Growth

1.75

2022

1.71

2021

-1.62

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2018-01-22
Consolidated Fiscal Balance: % of GDP

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-03-19
Consumer Price Index CPI Growth

14.3

Feb 2018

15.1

Jan 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Feb 2018

Updated on 2018-03-19
External Debt

18,913.4

Dec 2017

15,352.1

Sep 2017

3,287.7

Mar 2007

18,913.4

Dec 2017

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
Real Effective Exchange Rate

124.4

Feb 2018

124.6

Jan 2018

51.0

Mar 1992

703.1

Sep 1984

2005=100

monthly

Dec 1979 - Feb 2018

Updated on 2018-03-19
Gross National Product

395,953.77

2016

468,409.35

2015

4,173.70

1960

549,528.10

2014

USD mn

yearly

1960 - 2016

Updated on 2018-03-19
Gross Savings Rate

13.1

2016

15.5

2015

13.1

2016

33.4

2012

%

yearly

2010 - 2016

Updated on 2018-03-19
Labour Force Participation Rate

55.1

2017

55.2

2016

54.7

2004

56.4

1990

%

yearly

1990 - 2017

Updated on 2017-12-18
Current Account Balance: % of GDP

3.8

Dec 2017

2.0

Sep 2017

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
M2 Growth

8.1

Feb 2018

3.2

Jan 2018

-2.2

Nov 2013

100.1

Mar 2008

%

monthly

Nov 1993 - Feb 2018

Updated on 2018-03-19
Reserve Requirement Ratio

22.5

Mar 2018

22.5

Feb 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Mar 2018

Updated on 2018-03-30
Private Consumption Expenditure

78,377.21

Dec 2016

75,468.96

Sep 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Investment: % of GDP

15.3

2016

15.5

2015

5.5

2005

34.0

1981

%

yearly

1981 - 2016

Updated on 2018-03-19
Business Confidence Growth

22.5

Dec 2017

6.7

Sep 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Dec 2017

Updated on 2018-03-19
Foreign Direct Investment: % of GDP

0.9

Dec 2017

0.8

Sep 2017

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-29
Policy Rate

14.00

Mar 2018

14.00

Feb 2018

6.00

Aug 2010

14.00

Mar 2018

% pa

monthly

Dec 2006 - Mar 2018

Updated on 2018-03-30
Gross Fixed Capital Formation

12,518.55

Dec 2016

11,053.34

Sep 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Forecast: Current Account Balance

4.63

2022

4.87

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017-10-10
Forecast: Unemployment Rate

13.38

2016

9.00

2015

5.09

2010

13.38

2016

%

yearly

2010 - 2016

Updated on 2017-10-10
Aluminum: Exports

83,300.79

2016

113,376.15

2015

121.32

1995

187,550.70

2013

USD th

yearly

1995 - 2016

Updated on 2017-10-27
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 2018-03-19
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-03-19
Employed Persons

69,090,006.52

Sep 2017

70,354,895.79

Jun 2017

61,804,100.00

Jun 2012

70,665,895.85

Mar 2017

Person

quarterly

Mar 2012 - Sep 2017

Updated on 2018-04-04
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

Updated on 2018-03-19
Forecast: Consumer Price Index Growth

14.50

2022

14.50

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017-10-10
Forecast: Exports of Goods Growth

0.38

2022

0.32

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017-10-10
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 2017-06-15
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 2017-06-15
Number of Subscriber Mobile

154,342,168.00

2016

150,830,089.00

2015

0.00

1992

154,342,168.00

2016

Person

yearly

1960 - 2016

Updated on 2017-09-18
Container Port Throughput

1,335,470.00

2016

1,558,679.00

2015

72,500.00

2008

1,893,409.00

2014

TEU

yearly

2008 - 2016

Updated on 2017-10-25
Liner Shipping Connectivity Index

19.97

2017

21.30

2016

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2017

Updated on 2017-09-29
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017-06-16
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 2017-06-16
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2018-03-19
Private Consumption: % of GDP

81.6

2016

78.6

2015

23.4

1982

89.0

1960

%

yearly

1950 - 2016

Updated on 2018-03-19
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 2018-03-19
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 2016-01-28
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 2017-06-15
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017-06-15
Number of Subscriber Fixed Line

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2017-09-18
Teledensity: Mobile

81.82

2016

82.19

2015

0.00

1992

82.19

2015

Number

yearly

1960 - 2016

Updated on 2017-09-18
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 2017-06-13
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 2017-06-16
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 2017-05-19
National Government Debt

60,130.0

Dec 2017

56,280.9

Sep 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Dec 2017

Updated on 2018-03-19
Nominal GDP

102,175.2

Dec 2017

96,465.1

Sep 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-03-19
Current Account Balance

3,656.2

Dec 2017

1,973.6

Sep 2017

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
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 2018-03-19
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 2018-03-19
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-03-19
Foreign Exchange Reserves: Months of Import

12.0

Dec 2017

13.0

Nov 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Dec 2017

Updated on 2018-03-29
Foreign Portfolio Investment

3,787.16

Dec 2017

3,320.84

Sep 2017

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Dec 2017

Updated on 2018-03-29
Total Exports Growth

-1.6

Dec 2017

48.9

Nov 2017

-74.9

Oct 1986

208.6

Feb 2000

%

monthly

Jan 1982 - Dec 2017

Updated on 2018-03-24
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-03-19
Nominal GDP Growth

6.99

Dec 2017

10.98

Sep 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Dec 2017

Updated on 2018-03-19
Public Consumption Expenditure

5,034.87

Dec 2016

4,561.36

Sep 2016

4,561.36

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2016

Updated on 2018-03-19
Money Supply M1

35,137.65

Feb 2018

35,311.98

Jan 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Feb 2018

Updated on 2018-03-19
Foreign Exchange Reserves: % of GDP

10.57

Dec 2017

9.06

Sep 2017

5.29

Mar 2015

10.57

Dec 2017

%

quarterly

Dec 2010 - Dec 2017

Updated on 2018-03-29
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017-04-18
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 2017-06-27
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 2016-01-28