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Nigeria Public Consumption: % of GDP

1981 - 2016 | Yearly | % | CEIC Data

Nigeria's Public Consumption accounted for 5.4 % of its Nominal GDP in Dec 2016, compared with a share of 6.6 % in the previous year. Nigeria's Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1981 to Dec 2016, with an average number of 2.1 %. The data reached an all-time high of 9.4 % in Dec 2007 and a record low of 0.9 % in Dec 1996. 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.

In the latest reports, Nigeria's GDP expanded 2.0 % YoY in Mar 2018. Nigeria's Nominal GDP reached 93.2 USD bn in Mar 2018. Its GDP deflator (implicit price deflator) increased 7.3 % in Mar 2018. Nigeria's GDP Per Capita reached 1,951.3 USD in Dec 2017. 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

6.6

2015
Min

0.9

1996
Max

9.4

2007
Unit

%

Frequency

yearly

Range

1981 - 2016

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

5.4

2016

6.6

2015

0.9

1996

9.4

2007

%

yearly

1981 - 2016

Updated on 10 May 2018

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

Nigeria Public Consumption: % of GDP

Series Details
Series ID

355214147

Name

Nigeria Public 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

3.6

Variance

8.4

Standard deviation

2.9

Skewness

0.9

Kurtosis

-0.7

Coefficient variation

0.8

Median

2.1

Max
2007

9.4

Min
1996

0.9

Previous observation
2015

6.6

Last observation
2016

5.4

Number of Observations

36

Get This Data

More Countries/Regions for Public Consumption: % of GDP

Country/Region Last Previous Min Max Unit Frequency Range
Albania

11.4

Mar 2018

12.0

Dec 2017

9.3

Mar 2008

12.7

Dec 2014

%

quarterly

Mar 2008 - Mar 2018

Updated on 2018-06-29
Algeria

20.8

2016

21.6

2015

10.7

1974

36.1

1958

%

yearly

1950 - 2016

Updated on 2018-05-08
Argentina

16.2

Mar 2018

19.4

Dec 2017

9.9

Jun 2004

19.7

Dec 2015

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-06-19
Armenia

12.4

Mar 2018

14.7

Dec 2017

8.0

Sep 2008

16.2

Jun 2009

%

quarterly

Dec 1994 - Mar 2018

Updated on 2018-05-31
Australia

18.2

Mar 2018

18.3

Dec 2017

10.1

Dec 1963

20.5

Jun 1986

%

quarterly

Sep 1959 - Mar 2018

Updated on 2018-06-06
Austria

19.5

Mar 2018

19.6

Dec 2017

17.5

Sep 1990

21.4

Mar 1999

%

quarterly

Mar 1988 - Mar 2018

Updated on 2018-05-30
Azerbaijan

10.0

Mar 2018

12.7

Dec 2017

6.6

Mar 2008

14.9

Dec 2001

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-07-19
Bahrain

17.0

2016

17.6

2015

11.3

2008

22.5

1985

%

yearly

1975 - 2016

Updated on 2018-04-20
Bangladesh

6.5

2018

6.0

2017

3.2

1975

13.4

1970

%

yearly

1960 - 2018

Updated on 2018-04-23
Belarus

16.1

Mar 2018

14.9

Dec 2017

10.9

Sep 2012

23.8

Jun 1994

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-06-29
Belgium

24.1

Mar 2018

23.5

Dec 2017

19.8

Mar 1990

25.7

Sep 1984

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-30
Bolivia

18.7

Dec 2017

17.1

Sep 2017

9.1

Mar 1991

20.4

Dec 2015

%

quarterly

Mar 1990 - Dec 2017

Updated on 2018-05-03
Bosnia and Herzegovina

20.3

2016

21.2

2015

20.2

2007

24.5

2002

%

yearly

2002 - 2016

Updated on 2018-04-20
Botswana

18.6

Mar 2018

18.4

Dec 2017

16.1

Sep 2006

32.8

Jun 1998

%

quarterly

Mar 1994 - Mar 2018

Updated on 2018-06-29
Brazil

18.6

Mar 2018

21.8

Dec 2017

14.3

Mar 1991

23.2

Dec 2001

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-30
Brunei

27.6

Mar 2018

25.3

Dec 2017

12.4

Mar 2012

30.6

Mar 2017

%

quarterly

Mar 2003 - Mar 2018

Updated on 2018-07-30
Bulgaria

18.2

Mar 2018

16.6

Dec 2017

9.1

Sep 1997

25.5

Dec 2004

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-07
Cambodia

5.2

2016

5.4

2015

3.5

2006

6.9

1994

%

yearly

1993 - 2016

Updated on 2018-06-04
Canada

22.6

Mar 2018

20.5

Dec 2017

14.1

Sep 1964

27.1

Mar 1992

%

quarterly

Mar 1961 - Mar 2018

Updated on 2018-05-31
Chile

13.1

Mar 2018

14.5

Dec 2017

9.5

Jun 2006

14.7

Dec 2016

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-18
China

14.5

2017

14.3

2016

9.0

1959

16.6

2000

%

yearly

1952 - 2017

Updated on 2018-02-02
Colombia

13.8

Mar 2018

16.8

Dec 2017

11.6

Mar 2012

16.8

Dec 2015

%

quarterly

Mar 2005 - Mar 2018

Updated on 2018-06-06
Croatia

20.9

Mar 2018

20.2

Dec 2017

16.8

Sep 2003

28.5

Mar 1999

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-01
Cyprus

13.8

Mar 2018

18.5

Dec 2017

10.0

Jun 1995

26.5

Dec 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-08
Czech Republic

19.4

Mar 2018

21.4

Dec 2017

17.2

Sep 1998

24.6

Dec 2003

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-29
Denmark

25.3

Mar 2018

25.2

Dec 2017

22.9

Dec 1997

28.1

Mar 2010

%

quarterly

Mar 1990 - Mar 2018

Updated on 2018-06-29
Ecuador

14.1

Mar 2018

14.4

Dec 2017

4.6

Mar 2000

15.1

Dec 2014

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-06-29
Egypt

8.0

Mar 2018

7.5

Dec 2017

7.5

Dec 2017

14.9

Jun 2014

%

quarterly

Sep 2001 - Mar 2018

Updated on 2018-07-23
Estonia

20.4

Mar 2018

22.1

Dec 2017

13.5

Sep 2006

29.1

Dec 1994

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-05-31
European Union

19.9

Mar 2018

20.9

Dec 2017

18.5

Sep 1998

22.6

Dec 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-20
Finland

22.5

Mar 2018

23.2

Dec 2017

16.3

Dec 1979

25.4

Dec 2013

%

quarterly

Mar 1975 - Mar 2018

Updated on 2018-07-12
France

23.5

Jun 2018

23.0

Mar 2018

20.6

Jun 1980

24.4

Dec 2009

%

quarterly

Mar 1980 - Jun 2018

Updated on 2018-07-31
Georgia

16.6

Mar 2018

18.3

Dec 2017

4.9

Mar 1996

26.4

Jun 2008

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-06-29
Germany

19.3

Mar 2018

20.8

Dec 2017

16.7

Sep 2007

21.2

Dec 1992

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-24
Greece

19.8

Mar 2018

22.4

Dec 2017

16.1

Mar 1998

25.1

Dec 2011

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-04
Hong Kong

10.4

Mar 2018

9.1

Dec 2017

5.0

Jun 1973

11.7

Mar 2004

%

quarterly

Mar 1973 - Mar 2018

Updated on 2018-05-11
Hungary

20.2

Mar 2018

21.3

Dec 2017

18.4

Sep 2013

26.7

Mar 1995

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-05
Iceland

24.0

Mar 2018

23.9

Dec 2017

20.3

Sep 1997

25.7

Mar 2009

%

quarterly

Mar 1997 - Mar 2018

Updated on 2018-06-08
India

10.1

Mar 2018

10.5

Dec 2017

8.0

Mar 2016

17.7

Mar 1998

%

quarterly

Jun 1996 - Mar 2018

Updated on 2018-06-04
Indonesia

6.3

Mar 2018

12.2

Dec 2017

5.1

Sep 1998

13.5

Dec 2015

%

quarterly

Mar 1990 - Mar 2018

Updated on 2018-05-07
Iran

16.5

Mar 2018

12.6

Dec 2017

7.5

Jun 2011

22.1

Mar 1996

%

quarterly

Jun 1988 - Mar 2018

Updated on 2018-07-17
Ireland

10.1

Mar 2018

9.5

Dec 2017

9.2

Dec 2016

18.0

Dec 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-25
Israel

23.4

Mar 2018

22.4

Dec 2017

21.7

Sep 2012

44.5

Sep 1981

%

quarterly

Mar 1979 - Mar 2018

Updated on 2018-07-16
Italy

17.9

Mar 2018

21.2

Dec 2017

16.0

Sep 1980

23.6

Dec 1990

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-06-11
Ivory Coast

12.0

2017

11.5

2016

7.9

1960

18.3

1989

%

yearly

1960 - 2017

Updated on 2018-06-29
Japan

18.8

Mar 2018

20.1

Dec 2017

11.3

Sep 1990

22.0

Jun 2011

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-06-08
Jordan

16.6

2016

15.5

2015

15.4

2013

35.4

1975

%

yearly

1959 - 2016

Updated on 2018-04-20
Kazakhstan

10.1

Dec 2017

9.8

Sep 2017

8.5

Dec 1994

19.5

Mar 1994

%

quarterly

Mar 1994 - Dec 2017

Updated on 2018-07-11
Kenya

14.3

2017

13.3

2016

11.0

1960

19.8

1980

%

yearly

1960 - 2017

Updated on 2018-04-26
South Korea

15.5

Mar 2018

15.2

Dec 2017

7.2

Dec 1964

19.2

Mar 1960

%

quarterly

Mar 1960 - Mar 2018

Updated on 2018-05-31
Kosovo

16.1

Mar 2018

14.8

Dec 2017

11.4

Sep 2017

20.7

Dec 2011

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-06-28
Kuwait

25.1

2017

25.7

2016

7.3

1974

201.0

1991

%

yearly

1962 - 2017

Updated on 2018-07-26
Kyrgyzstan

17.2

Dec 2017

13.3

Sep 2017

11.5

Sep 2003

24.7

Dec 2000

%

quarterly

Mar 2000 - Dec 2017

Updated on 2018-04-25
Laos

12.9

2017

14.0

2016

6.5

2000

17.1

2013

%

yearly

2000 - 2017

Updated on 2018-06-29
Latvia

18.4

Mar 2018

19.2

Dec 2017

7.1

Mar 1992

25.6

Mar 1995

%

quarterly

Mar 1992 - Mar 2018

Updated on 2018-06-22
Lebanon

12.2

2016

12.5

2015

11.7

2010

26.3

1990

%

yearly

1990 - 2016

Updated on 2018-05-30
Lithuania

16.9

Mar 2018

17.7

Dec 2017

12.1

Sep 1993

28.7

Dec 1998

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-07-10
Luxembourg

16.2

Mar 2018

17.1

Dec 2017

13.8

Mar 2000

18.9

Dec 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-06-21
Macau

7.6

Mar 2018

12.1

Dec 2017

5.1

Mar 2014

18.4

Dec 1999

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-05-29
Macedonia

16.3

Mar 2018

15.4

Dec 2017

14.4

Sep 2017

25.9

Jun 2001

%

quarterly

Mar 2000 - Mar 2018

Updated on 2018-06-07
Malawi

80.1

2017

88.2

2016

9.4

2003

89.0

2012

%

yearly

1960 - 2017

Updated on 2018-06-29
Malaysia

10.7

Mar 2018

14.5

Dec 2017

7.1

Mar 1998

18.1

Dec 2012

%

quarterly

Mar 1991 - Mar 2018

Updated on 2018-05-17
Malta

17.1

Mar 2018

14.3

Dec 2017

14.0

Sep 2016

24.8

Mar 1996

%

quarterly

Mar 1992 - Mar 2018

Updated on 2018-06-05
Mauritius

15.6

Mar 2018

14.0

Dec 2017

11.2

Dec 2007

16.5

Jun 2016

%

quarterly

Mar 1999 - Mar 2018

Updated on 2018-06-29
Mexico

11.8

Mar 2018

11.7

Dec 2017

8.0

Dec 1996

12.7

Mar 2015

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-06-20
Moldova

16.4

Mar 2018

18.5

Dec 2017

9.2

Sep 2000

35.1

Dec 1997

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-12
Mongolia

12.6

Mar 2018

13.7

Dec 2017

9.3

Sep 2010

16.7

Dec 2012

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-15
Montenegro

20.1

Mar 2018

22.7

Dec 2017

13.8

Sep 2017

30.6

Dec 2010

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-06-22
Morocco

18.9

2017

19.3

2016

16.8

2008

19.9

2014

%

yearly

2007 - 2017

Updated on 2018-06-04
Nepal

11.7

2018

11.3

2017

6.7

1980

11.7

2018

%

yearly

1975 - 2018

Updated on 2018-06-15
Netherlands

23.8

Mar 2018

24.6

Dec 2017

19.8

Sep 2000

28.0

Jun 1982

%

quarterly

Mar 1977 - Mar 2018

Updated on 2018-07-23
New Zealand

17.7

Mar 2018

17.0

Dec 2017

15.6

Dec 2001

21.0

Jun 2009

%

quarterly

Jun 1987 - Mar 2018

Updated on 2018-06-21
Nigeria

5.4

2016

6.6

2015

0.9

1996

9.4

2007

%

yearly

1981 - 2016

Updated on 2018-05-10
Norway

23.8

Mar 2018

23.2

Dec 2017

10.1

Sep 1961

25.0

Sep 2016

%

quarterly

Mar 1961 - Mar 2018

Updated on 2018-06-06
Oman

29.1

2016

28.1

2015

14.2

2008

29.6

1988

%

yearly

1980 - 2016

Updated on 2018-04-20
Pakistan

12.4

2018

11.3

2017

7.3

2001

16.8

1989

%

yearly

1960 - 2018

Updated on 2018-06-15
Panama

10.6

2016

10.3

2015

8.2

1950

23.0

1987

%

yearly

1950 - 2016

Updated on 2018-04-25
Paraguay

10.2

Mar 2018

13.0

Dec 2017

9.4

Mar 2017

13.3

Dec 2014

%

quarterly

Mar 2014 - Mar 2018

Updated on 2018-07-06
Peru

10.3

Mar 2018

14.1

Dec 2017

6.7

Jun 1991

18.5

Sep 1982

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-25
Philippines

10.8

Mar 2018

10.7

Dec 2017

6.7

Jun 1984

14.4

Jun 1998

%

quarterly

Mar 1981 - Mar 2018

Updated on 2018-05-10
Poland

16.8

Mar 2018

19.0

Dec 2017

14.2

Dec 1999

19.9

Jun 1995

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-03
Portugal

17.4

Mar 2018

17.4

Dec 2017

17.3

Mar 1995

21.5

Jun 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-05-30
Qatar

22.4

2017

23.2

2016

10.2

2008

45.6

1986

%

yearly

1980 - 2017

Updated on 2018-07-17
Romania

17.6

Mar 2018

14.3

Dec 2017

7.8

Sep 1998

21.7

Mar 2003

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-07-06
Russia

20.4

Mar 2018

16.4

Dec 2017

12.5

Mar 1993

23.6

Mar 1994

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-07-02
Saudi Arabia

20.9

Mar 2018

31.3

Dec 2017

15.5

Mar 2008

31.6

Mar 2015

%

quarterly

Mar 2003 - Mar 2018

Updated on 2018-07-18
Serbia

16.4

Mar 2018

16.6

Dec 2017

15.1

Sep 2017

23.3

Sep 1997

%

quarterly

Mar 1996 - Mar 2018

Updated on 2018-05-31
Singapore

10.9

2017

10.7

2016

7.5

1960

13.4

1985

%

yearly

1957 - 2017

Updated on 2018-04-27
Slovakia

18.9

Mar 2018

21.9

Dec 2017

15.6

Sep 2007

26.7

Dec 1993

%

quarterly

Mar 1990 - Mar 2018

Updated on 2018-06-07
Slovenia

18.2

Mar 2018

18.6

Dec 2017

16.5

Sep 2007

21.1

Dec 2011

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-05-31
South Africa

21.2

Mar 2018

21.1

Dec 2017

8.6

Jun 1963

21.5

Mar 2010

%

quarterly

Mar 1960 - Mar 2018

Updated on 2018-06-05
Spain

17.8

Mar 2018

19.4

Dec 2017

15.6

Sep 2001

22.2

Dec 2009

%

quarterly

Mar 1995 - Mar 2018

Updated on 2018-05-31
Sri Lanka

8.0

Mar 2018

9.3

Dec 2017

7.0

Mar 2012

9.6

Jun 2015

%

quarterly

Mar 2010 - Mar 2018

Updated on 2018-07-16
Sudan

5.8

2017

5.3

2016

4.6

2015

21.8

1969

%

yearly

1960 - 2017

Updated on 2018-06-29
Sweden

25.4

Mar 2018

26.7

Dec 2017

22.9

Dec 1988

29.0

Jun 1980

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-31
Switzerland

12.0

Mar 2018

11.9

Dec 2017

10.0

Jun 1980

12.5

Sep 1992

%

quarterly

Mar 1980 - Mar 2018

Updated on 2018-05-31
Syria

18.0

2016

17.7

2015

10.6

1999

23.9

1985

%

yearly

1963 - 2016

Updated on 2018-05-08
Taiwan

15.5

Mar 2018

13.9

Dec 2017

13.1

Dec 1986

20.6

Mar 1991

%

quarterly

Mar 1981 - Mar 2018

Updated on 2018-05-25
Tajikistan

14.1

2016

15.0

2015

5.9

1991

27.2

1992

%

yearly

1985 - 2016

Updated on 2018-06-29
Thailand

15.4

Mar 2018

16.1

Dec 2017

10.0

Dec 1994

19.0

Sep 2014

%

quarterly

Mar 1993 - Mar 2018

Updated on 2018-05-30
Tunisia

20.6

2017

20.3

2016

6.5

1972

20.6

2017

%

yearly

1960 - 2017

Updated on 2018-07-10
Turkey

14.2

Mar 2018

15.8

Dec 2017

9.3

Sep 1998

17.0

Dec 2009

%

quarterly

Mar 1998 - Mar 2018

Updated on 2018-06-11
Ukraine

22.2

Mar 2018

22.4

Dec 2017

13.1

Sep 2011

23.0

Dec 2015

%

quarterly

Mar 2001 - Mar 2018

Updated on 2018-06-19
United Arab Emirates

12.3

2017

12.5

2016

5.7

1975

14.1

1988

%

yearly

1972 - 2017

Updated on 2018-06-12
United Kingdom

18.5

Mar 2018

17.9

Dec 2017

15.5

Dec 1964

21.7

Sep 2009

%

quarterly

Mar 1955 - Mar 2018

Updated on 2018-06-29
United States

13.9

Jun 2018

14.0

Mar 2018

12.3

Sep 1950

18.3

Dec 1953

%

quarterly

Mar 1947 - Jun 2018

Updated on 2018-07-27
Uruguay

14.3

2017

14.5

2016

8.7

1955

22.4

1970

%

yearly

1955 - 2017

Updated on 2018-04-23
Venezuela

12.9

2015

14.6

2014

11.1

2005

14.6

2014

%

yearly

1997 - 2015

Updated on 2018-04-30
Vietnam

6.5

2016

6.3

2015

5.0

1986

8.4

1996

%

yearly

1985 - 2016

Updated on 2018-04-24
Yemen

13.3

2016

13.2

2015

11.9

2010

17.6

1993

%

yearly

1990 - 2016

Updated on 2018-05-29

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

93,055.85

2017

70,661.50

2016

121.32

1995

189,111.44

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Bank Lending Rate

17.08

May 2018

17.24

Apr 2018

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - May 2018

Updated on 2018-06-27
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

12.95

Jun 2018

13.44

May 2018

-3.60

Jul 2006

38.04

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

21.2

Jun 2018

28.5

Mar 2018

21.2

Jun 2018

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2018

Updated on 2018-07-09
Consumer Price Index CPI Growth

11.2

Jun 2018

11.6

May 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jun 2018

Updated on 2018-07-23
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
Core CPI Change

11.19

Jun 2018

11.60

May 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Jun 2018

Updated on 2018-07-23
Crude Oil: Exports

1,811.10

2017

1,738.00

2016

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2017

Updated on 2018-06-12
Crude Oil: Production

1,660.00

Jun 2018

1,632.00

May 2018

1,419.00

Aug 2016

2,496.00

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

84,226.6

May 2018

90,055.5

Apr 2018

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Domestic Credit Growth

-4.2

May 2018

-0.1

Apr 2018

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - May 2018

Updated on 2018-06-27
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 2018-04-20
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 2018-04-20
Equity Market Index

38,278.6

Jun 2018

38,104.5

May 2018

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Jun 2018

Updated on 2018-06-29
Exchange Rate against USD

305.371

Jun 2018

305.326

May 2018

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Jun 2018

Updated on 2018-07-02
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 2018-04-25
Exports: Medicament

1,568.72

2017

1,151.10

2016

353.80

2001

5,424.01

2014

USD th

yearly

1995 - 2017

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

149.32

2017

155.92

2016

16.73

1997

6,564.54

2007

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Exports: Telecommunication Equipment

6,497.06

2017

18,735.53

2016

1,104.26

2001

34,433.13

2013

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Exports: Television

116.67

2017

273.82

2016

60.37

2000

2,654.08

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

14.00

2023

14.00

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

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

2.00

2023

2.23

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

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

1.53

2023

1.37

2022

-15.34

2002

32.95

2003

%

yearly

1991 - 2023

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

6,379.87

2023

6,319.75

2022

2,026.44

1991

6,379.87

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Expenditure

32,324.37

2023

27,264.45

2022

99.77

1990

32,324.37

2023

NGN bn

yearly

1990 - 2023

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

80,503.18

2023

68,575.88

2022

358.18

1990

80,503.18

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Government Revenue

20,397.06

2023

17,059.10

2022

96.42

1990

20,397.06

2023

NGN bn

yearly

1990 - 2023

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

3,935.72

2023

3,479.15

2022

496.50

1999

3,935.72

2023

USD

yearly

1990 - 2023

Updated on 2018-07-12
Forecast: Population

222.04

2023

216.10

2022

68.45

1980

222.04

2023

Person mn

yearly

1980 - 2023

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

1.95

2023

1.98

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-07-18
Forecast: Unemployment Rate

16.48

2017

13.38

2016

5.09

2010

16.48

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

47,119.7

Jul 2018

47,788.5

Jun 2018

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jul 2018

Updated on 2018-08-03
Foreign Exchange Reserves: % of GDP

12.28

Mar 2018

10.56

Dec 2017

5.29

Mar 2015

12.28

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

5,141.95

Mar 2018

3,787.16

Dec 2017

-769.91

Dec 2014

5,963.20

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

1,951.27

2017

2,156.84

2016

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2017

Updated on 2018-06-04
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
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 2018-05-02
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

12,518.55

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 2018-04-20
Gross National Product

364,278.14

2017

395,953.77

2016

4,173.70

1960

549,528.10

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

1,383,238.75

2016

1,821,759.16

2014

142,900.38

2000

2,928,318.22

2010

USD th

yearly

2000 - 2016

Updated on 2018-04-25
Imports: Medicament

903,549.91

2017

752,308.62

2016

70,479.00

2004

903,549.91

2017

USD th

yearly

1995 - 2017

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

318,240.10

2017

203,518.54

2016

25,695.80

2000

318,240.10

2017

USD th

yearly

1995 - 2017

Updated on 2018-07-10
Imports: Telecommunication Equipment

1,206,913.82

2017

1,155,546.96

2016

122,950.55

2000

2,586,449.75

2008

USD th

yearly

1995 - 2017

Updated on 2018-07-09
Imports: Television

222,256.39

2017

148,860.52

2016

18,501.00

2004

515,445.68

2014

USD th

yearly

1995 - 2017

Updated on 2018-07-09
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 2018-05-21
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
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

129,583,436.00

2016

147,959,459.00

2015

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2016

Updated on 2018-04-26
Money Supply M1

36,768.26

May 2018

34,973.06

Apr 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
Money Supply M2

82,433.20

May 2018

80,366.54

Apr 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - May 2018

Updated on 2018-06-27
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
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
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
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

45,434.00

2017

42,562.00

2016

4,844.00

1995

45,434.00

2017

Cub m mn

yearly

1995 - 2017

Updated on 2018-06-12
Natural Gas: Exports

32,511.00

2017

25,147.00

2016

740.00

1999

32,511.00

2017

Cub m mn

yearly

1999 - 2017

Updated on 2018-06-12
Nominal GDP

93,232.6

Mar 2018

102,391.9

Dec 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Mar 2018

Updated on 2018-05-21
Nominal GDP Growth

9.36

Mar 2018

7.22

Dec 2017

3.01

Jun 2016

17.86

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

154,513.00

2016

187,155.00

2015

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2016

Updated on 2018-04-19
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 2018-04-19
Policy Rate

14.00

Jun 2018

14.00

May 2018

6.00

Aug 2010

14.00

Jun 2018

% pa

monthly

Dec 2006 - Jun 2018

Updated on 2018-06-29
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

78,377.21

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 2018-04-20
Private Consumption: % of GDP

81.6

2016

78.2

2015

9.8

1981

81.6

2016

%

yearly

1981 - 2016

Updated on 2018-05-10
Public Consumption Expenditure

4,875.37

Dec 2017

3,821.39

Sep 2017

3,821.39

Sep 2017

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-07-30
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

Jun 2018

22.5

May 2018

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Jun 2018

Updated on 2018-06-29
Short Term Interest Rate

15.00

Jun 2018

14.77

May 2018

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Jun 2018

Updated on 2018-07-02
Teledensity: Fixed Line

0.08

2016

0.10

2015

0.05

1960

1.18

2006

Number

yearly

1960 - 2016

Updated on 2018-04-19
Teledensity: Mobile

82.98

2016

83.25

2015

0.00

1992

83.25

2015

Number

yearly

1960 - 2016

Updated on 2018-04-19
Total Deposits

72,431.74

2017

71,281.08

2016

4,696.12

1992

104,420.24

2014

USD mn

yearly

1992 - 2017

Updated on 2018-06-19
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

3,140.0

Apr 2018

3,352.9

Mar 2018

230.8

Feb 1986

6,409.5

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2018

Updated on 2018-07-28
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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