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Nigeria Real Effective Exchange Rate

1979 - 2018 | Monthly | 2005=100 | CEIC Data

Nigeria's Real Effective Exchange Rate (REER: 2005=100: Month Avg: Nigeria) was 130.7 in Jun 2018, compared with the number of 128.6 in the previous month. Nigeria's Real Effective Exchange Rate data is updated monthly and averaged 703.3 from Dec 1979 to Jun 2018. The data reached an all-time high of 703.3 in Sep 1984 and a record low of 50.9 in Mar 1992. CEIC generates Real Effective Exchange Rate Index with base 2005=100. The International Monetary Fund provides Real Effective Exchange Rate with base 2010=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


In the latest reports, Nigeria's Short Term Interest Rate: Month End: Nigeria: NIBOR: 3 Months was reported at 15.0 % pa in Jun 2018. The cash rate (Policy Rate: Month End) was set at 14.0 % pa in Jun 2018. Nigeria's Exchange Rate against USD averaged 305.4 (NGN/USD) in Jun 2018.

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What was Nigeria's Real Effective Exchange Rate in Sep 2018?

Last

137.3

Sep 2018
Previous

136.6

Aug 2018
Min

50.9

Mar 1992
Max

703.3

Sep 1984
Unit

2005=100

Frequency

monthly

Range

Dec 1979 - Sep 2018

Updated on 08 Oct 2018
Last Previous Min Max Unit Frequency Range

137.3

Sep 2018

136.6

Aug 2018

50.9

Mar 1992

703.3

Sep 1984

2005=100

monthly

Dec 1979 - Sep 2018

Updated on 08 Oct 2018

View Nigeria's Real Effective Exchange Rate from Dec 1979 to Sep 2018 in the chart:

Nigeria Real Effective Exchange Rate

Series Details
Series ID

237945903

Name

Nigeria Real Effective Exchange Rate

Country

Nigeria

Frequency

Monthly

Unit

2005=100

Status

Active

Source

CEIC Data

First Date

Dec 1979

Last Date

Sep 2018

Last Updated

08 Oct 2018

Statistics
Mean

179.1

Variance

19,835.3

Standard deviation

140.8

Skewness

1.7

Kurtosis

2.4

Coefficient variation

0.8

Median

116.3

Max
Sep 1984

703.3

Min
Mar 1992

50.9

Previous observation
Aug 2018

136.6

Last observation
Sep 2018

137.3

Number of Observations

466

Get This Data

More Countries/Regions for Real Effective Exchange Rate

Country/Region Last Previous Min Max Unit Frequency Range
Algeria

95.5

Aug 2018

92.6

Jul 2018

89.0

Feb 2018

184.9

Mar 1994

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-10-15
Argentina

84.0

Sep 2018

69.6

Aug 2018

41.1

Oct 2001

123.1

Jun 2002

2005=100

monthly

Jan 1997 - Sep 2018

Updated on 2018-10-17
Armenia

130.4

Aug 2018

124.6

Jul 2018

84.9

Aug 2003

147.3

Feb 2009

2005=100

monthly

Jan 1997 - Aug 2018

Updated on 2018-10-05
Australia

101.9

Aug 2018

102.0

Jul 2018

73.6

Mar 2001

126.8

Aug 2012

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Austria

101.2

Sep 2018

100.8

Aug 2018

94.6

Apr 2015

110.6

Apr 1995

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Azerbaijan

124.5

Aug 2018

118.4

Jul 2018

94.5

Jan 2005

190.0

Jan 2015

2005=100

monthly

Jan 2005 - Aug 2018

Updated on 2018-10-04
Bahrain

105.2

Sep 2018

105.0

Aug 2018

81.5

Jun 2011

225.3

Feb 1985

2005=100

monthly

Jan 1980 - Sep 2018

Updated on 2018-10-08
Belgium

102.7

Sep 2018

102.1

Aug 2018

91.1

Oct 2000

109.1

Apr 1995

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Bolivia

53.6

Sep 2018

53.5

Aug 2018

53.5

Aug 2018

102.5

Apr 2006

2005=100

monthly

Jan 1991 - Sep 2018

Updated on 2018-10-15
Bosnia and Herzegovina

99.7

Jul 2018

99.1

Jun 2018

98.7

Aug 2005

109.8

Jan 2010

2005=100

monthly

Jan 2005 - Jul 2018

Updated on 2018-09-28
Botswana

99.9

Jul 2018

100.4

Jun 2018

91.7

Dec 2007

102.2

Jan 2015

Sep2016=100

monthly

Dec 2006 - Jul 2018

Updated on 2018-09-28
Brazil

96.3

Aug 2018

98.0

Jul 2018

64.1

Oct 2002

165.2

Mar 1990

2005=100

monthly

Jan 1988 - Aug 2018

Updated on 2018-09-25
Bulgaria

119.3

Sep 2018

118.3

Aug 2018

40.2

Jan 1997

124.7

Jun 2009

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-01
Canada

91.0

Jun 2018

92.0

May 2018

80.5

Nov 2001

116.5

Oct 2007

2005=100

monthly

Jan 1999 - Jun 2018

Updated on 2018-10-03
Chile

95.8

Aug 2018

96.2

Jul 2018

79.1

Oct 1997

121.9

Jan 1990

2005=100

monthly

Jan 1986 - Aug 2018

Updated on 2018-09-24
China

144.4

Aug 2018

145.6

Jul 2018

78.1

Jan 1994

155.4

Nov 2015

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Colombia

108.9

Sep 2018

107.7

Aug 2018

80.5

Mar 1999

127.7

Jan 2003

2005=100

monthly

Jan 1990 - Sep 2018

Updated on 2018-10-10
Croatia

101.8

Aug 2018

101.6

Jul 2018

92.0

Oct 2009

109.9

Mar 2000

2005=100

monthly

Jan 1996 - Aug 2018

Updated on 2018-10-10
Cyprus

93.8

Sep 2018

93.5

Aug 2018

87.0

Aug 1993

103.0

Jul 2008

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Czech Republic

120.5

Sep 2018

119.8

Aug 2018

71.5

Jan 1995

129.8

Jul 2008

2005=100

monthly

Jan 1995 - Sep 2018

Updated on 2018-10-04
Denmark

103.3

Jan 2018

103.2

Dec 2017

83.5

Jan 1984

108.8

Mar 2009

2005=100

monthly

Jan 1970 - Jan 2018

Updated on 2018-09-12
Ecuador

110.3

Nov 2017

109.3

Oct 2017

87.1

Mar 2015

110.3

Nov 2017

2007=100

monthly

Jan 2011 - Nov 2017

Updated on 2018-03-05
Estonia

124.0

Sep 2018

123.4

Aug 2018

43.6

Jan 1993

124.0

Sep 2018

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
European Union

93.4

Sep 2018

92.4

Aug 2018

41.3

Sep 1980

110.5

Jan 1993

2005=100

monthly

Jan 1980 - Sep 2018

Updated on 2018-10-01
Finland

98.8

Sep 2018

98.3

Aug 2018

93.2

Apr 2015

161.0

Jan 1992

2005=100

monthly

Jan 1980 - Sep 2018

Updated on 2018-10-05
France

94.4

Sep 2018

94.0

Aug 2018

88.7

Apr 2015

106.4

Apr 1995

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Georgia

121.6

Aug 2018

119.6

Jul 2018

85.0

Feb 1999

124.6

Jun 2012

2005=100

monthly

Dec 1995 - Aug 2018

Updated on 2018-09-19
Germany

93.8

Sep 2018

93.3

Aug 2018

86.9

Apr 2015

117.1

Apr 1995

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Greece

96.3

Sep 2018

95.9

Aug 2018

86.6

Sep 2000

107.2

Nov 2009

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Hong Kong

107.7

Aug 2018

107.1

Jul 2018

81.0

Aug 2011

144.9

Aug 1998

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Hungary

103.9

Aug 2018

104.3

Jul 2018

83.9

Jul 2008

188.9

Jan 1990

2005=100

monthly

Jan 1990 - Aug 2018

Updated on 2018-10-03
Iceland

94.0

Aug 2018

93.6

Jul 2018

56.9

Nov 2008

106.9

Nov 2005

2005=100

monthly

Jan 1979 - Aug 2018

Updated on 2018-09-21
India

109.2

Sep 2018

112.6

Aug 2018

94.8

Apr 2009

119.7

Dec 2017

2005=100

monthly

Apr 2004 - Sep 2018

Updated on 2018-10-09
Indonesia

110.1

Aug 2018

110.8

Jul 2018

45.4

Jun 1998

142.3

Feb 1997

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Iran

148.7

Sep 2018

146.3

Aug 2018

67.3

Aug 1992

627.7

Mar 1985

2005=100

monthly

Jan 1979 - Sep 2018

Updated on 2018-10-08
Ireland

87.7

Sep 2018

87.3

Aug 2018

79.1

Oct 2000

109.9

Apr 2008

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Israel

123.1

Aug 2018

122.2

Jul 2018

96.7

Feb 2006

134.2

Jan 1998

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Italy

96.2

Sep 2018

95.6

Aug 2018

73.6

Nov 1981

126.5

Jan 1992

2005=100

monthly

Jan 1980 - Sep 2018

Updated on 2018-10-05
Ivory Coast

99.4

Sep 2018

99.5

Aug 2018

66.1

Jan 1994

135.8

Oct 1980

2005=100

monthly

Dec 1979 - Sep 2018

Updated on 2018-10-08
Japan

76.5

Aug 2018

75.5

Jul 2018

57.3

Aug 1970

151.4

Apr 1995

2005=100

monthly

Jan 1970 - Aug 2018

Updated on 2018-09-21
Kazakhstan

89.8

Aug 2018

90.5

Jul 2018

81.1

Feb 2016

140.1

Jan 1999

2005=100

monthly

Jan 1995 - Aug 2018

Updated on 2018-10-10
South Korea

93.7

Aug 2018

92.4

Jul 2018

59.2

Jan 1998

107.8

Apr 2006

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-21
Kosovo

105.6

Aug 2018

105.1

Jul 2018

97.2

Jul 2007

108.4

Mar 2008

Jan2007=100

monthly

Dec 2006 - Aug 2018

Updated on 2018-09-25
Kyrgyzstan

123.2

Aug 2018

120.4

Jul 2018

95.3

Mar 2000

129.7

Feb 2015

2005=100

monthly

Jan 2000 - Aug 2018

Updated on 2018-10-10
Latvia

120.3

Sep 2018

119.8

Aug 2018

39.4

Jan 1993

129.2

Feb 2009

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Lithuania

116.6

Sep 2018

116.1

Aug 2018

1.2

Dec 1990

119.1

Mar 2009

2005=100

monthly

Dec 1990 - Sep 2018

Updated on 2018-10-05
Luxembourg

100.2

Sep 2018

99.8

Aug 2018

89.0

Oct 2000

105.1

Jul 2008

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Macedonia

103.8

Sep 2018

104.0

Aug 2018

92.7

Dec 1993

164.5

Apr 1993

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-08
Malaysia

97.1

Aug 2018

96.8

Jul 2018

90.7

Sep 2015

140.4

Mar 1997

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Malta

101.4

Sep 2018

100.8

Aug 2018

81.4

Aug 1993

106.3

Oct 2009

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Mexico

123.3

Aug 2018

126.0

Jul 2018

75.4

Mar 2002

189.1

Apr 1987

2005=100

monthly

Jan 1968 - Aug 2018

Updated on 2018-10-17
Moldova

164.0

Sep 2018

164.4

Aug 2018

46.8

Nov 1993

164.4

Aug 2018

2005=100

monthly

Nov 1993 - Sep 2018

Updated on 2018-10-08
Mongolia

120.3

Jul 2018

118.4

Jun 2018

68.9

Jan 2000

142.5

Jun 2012

2005=100

monthly

Jan 2000 - Jul 2018

Updated on 2018-09-28
Morocco

100.1

Sep 2018

100.3

Aug 2018

89.7

Sep 1990

112.5

Oct 2000

2005=100

monthly

Jan 1988 - Sep 2018

Updated on 2018-10-08
Netherlands

93.5

Sep 2018

93.0

Aug 2018

80.8

Mar 1985

103.0

Jan 2004

2005=100

monthly

Jan 1980 - Sep 2018

Updated on 2018-10-05
New Zealand

93.7

Jul 2018

94.5

Jun 2018

60.5

Aug 1984

107.3

Jul 2014

2005=100

monthly

Jan 1984 - Jul 2018

Updated on 2018-09-28
Nigeria

137.3

Sep 2018

136.6

Aug 2018

50.9

Mar 1992

703.3

Sep 1984

2005=100

monthly

Dec 1979 - Sep 2018

Updated on 2018-10-08
Norway

87.9

Aug 2018

89.2

Jul 2018

81.8

Dec 2015

111.3

Jan 2003

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Pakistan

113.9

Aug 2018

110.4

Jul 2018

93.8

Sep 2001

129.8

Apr 2017

2005=100

monthly

Jul 2001 - Aug 2018

Updated on 2018-10-02
Paraguay

60.7

Jul 2018

60.6

Jun 2018

55.1

Feb 1999

103.2

Feb 2005

2005=100

monthly

Jan 1995 - Jul 2018

Updated on 2018-09-12
Peru

93.0

Sep 2018

92.6

Aug 2018

74.8

Mar 1992

108.0

May 1991

2005=100

monthly

Jan 1991 - Sep 2018

Updated on 2018-10-05
Philippines

125.8

Sep 2018

126.8

Aug 2018

92.5

Dec 2003

156.1

Jan 1997

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-10
Poland

95.0

Aug 2018

94.0

Jul 2018

69.2

Aug 1994

125.0

Jul 2008

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Portugal

97.4

Sep 2018

97.2

Aug 2018

89.9

Oct 2000

102.2

Apr 2008

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Romania

100.6

Aug 2018

100.1

Jul 2018

45.6

Feb 1997

122.2

Jul 2007

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Russia

99.5

Aug 2018

103.8

Jul 2018

50.5

Oct 1994

136.9

Feb 2013

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Saudi Arabia

123.4

Aug 2018

122.4

Jul 2018

92.2

Mar 2008

132.6

Jan 1998

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-27
Serbia

124.0

Aug 2018

124.2

Jul 2018

88.6

Jan 2002

140.8

Sep 2008

2005=100

monthly

Jan 2002 - Aug 2018

Updated on 2018-09-21
Singapore

120.8

Aug 2018

120.3

Jul 2018

99.0

Jun 2005

127.2

Nov 2013

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Slovakia

127.4

Sep 2018

126.9

Aug 2018

59.2

Sep 1993

134.5

Mar 2009

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Slovenia

100.9

Sep 2018

100.4

Aug 2018

85.5

Feb 1994

105.8

Mar 2009

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
South Africa

87.6

Jul 2018

86.8

Jun 2018

63.9

Dec 2001

143.5

Aug 1983

2005=100

monthly

Jan 1970 - Jul 2018

Updated on 2018-09-28
Spain

100.0

Sep 2018

99.4

Aug 2018

87.5

Oct 2000

105.9

Apr 2008

2005=100

monthly

Jan 1993 - Sep 2018

Updated on 2018-10-05
Sri Lanka

145.7

Aug 2018

144.9

Jul 2018

90.8

Feb 2004

155.1

Jan 2015

2005=100

monthly

Jan 2003 - Aug 2018

Updated on 2018-10-02
Sweden

82.8

Aug 2018

84.2

Jul 2018

82.8

Aug 2018

121.9

Oct 1996

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Switzerland

111.1

Sep 2018

109.1

Aug 2018

72.1

Jan 1973

126.8

Aug 2011

2005=100

monthly

Jan 1973 - Sep 2018

Updated on 2018-10-05
Taiwan

92.2

Aug 2018

92.3

Jul 2018

83.9

Oct 2011

125.9

Jan 1994

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19
Thailand

124.1

Aug 2018

122.1

Jul 2018

78.1

Jan 1998

137.9

Jun 1997

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-10-01
Tunisia

76.3

Sep 2018

76.1

Aug 2018

76.1

Aug 2018

218.0

Feb 1981

2005=100

monthly

Jan 1979 - Sep 2018

Updated on 2018-10-08
Turkey

54.6

Sep 2018

57.5

Aug 2018

54.6

Sep 2018

113.3

Dec 2007

2005=100

monthly

Jan 2003 - Sep 2018

Updated on 2018-10-04
Ukraine

79.7

Sep 2018

81.9

Aug 2018

44.6

Apr 1993

232.3

Apr 1994

2005=100

monthly

Dec 1992 - Sep 2018

Updated on 2018-10-09
United Arab Emirates

129.6

Aug 2018

128.2

Jul 2018

79.2

Apr 1995

131.7

Jan 2017

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-27
United Kingdom

79.6

Aug 2018

80.0

Jul 2018

75.3

Oct 2016

107.9

Apr 2000

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-10-03
United States

104.1

Sep 2018

103.7

Aug 2018

82.6

Jul 2011

132.2

Mar 1985

2005=100

monthly

Jan 1973 - Sep 2018

Updated on 2018-10-01
Uruguay

52.7

Aug 2018

53.8

Jul 2018

52.7

Aug 2018

116.5

Jan 2004

2005=100

monthly

Jan 2000 - Aug 2018

Updated on 2018-09-28
Venezuela

0.5

Aug 2018

0.4

Jul 2018

0.4

Jul 2018

3,712.3

Jan 2018

2005=100

monthly

Jan 1994 - Aug 2018

Updated on 2018-09-19

More Indicators for Nigeria

Indicator Last Previous Min Max Unit Frequency Range
Aluminum: Exports

93,537.98

2017

70,593.64

2016

121.32

1995

189,187.72

2013

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Bank Lending Rate

16.65

Aug 2018

16.83

Jul 2018

14.58

Nov 2008

19.66

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 2018-10-18
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

13.27

Sep 2018

13.12

Aug 2018

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Sep 2018

Updated on 2018-10-16
Capital Adequacy Ratio

10.2

2017

14.8

2016

1.8

2010

22.6

2006

%

yearly

2004 - 2017

Updated on 2018-08-16
Consolidated Fiscal Balance: % of GDP

-1.9

2017

-2.2

2016

-2.2

2010

-0.0

2006

%

yearly

2005 - 2017

Updated on 2018-09-20
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 2018-10-18
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

11.3

Sep 2018

11.2

Aug 2018

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Sep 2018

Updated on 2018-10-18
Container Port Throughput

1,656,000.00

2017

1,437,000.00

2016

72,500.00

2008

1,723,000.00

2012

TEU

yearly

2008 - 2017

Updated on 2018-08-06
Core CPI Change

10.48

Sep 2018

10.62

Aug 2018

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Sep 2018

Updated on 2018-10-16
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

1,748.00

Sep 2018

1,722.00

Aug 2018

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Sep 2018

Updated on 2018-10-11
Current Account Balance

5,735.9

Jun 2018

3,523.0

Mar 2018

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Jun 2018

Updated on 2018-10-10
Direct Investment Abroad

353.0

Jun 2018

337.2

Mar 2018

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Jun 2018

Updated on 2018-10-10
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 2018-10-18
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 2018-10-18
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

69,090,006.52

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 2018-09-20
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

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2018-04-25
Exports: Medicament

1,884.94

2017

1,145.11

2016

349.47

2001

5,473.40

2014

USD th

yearly

1995 - 2017

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

316.66

2017

157.70

2016

16.72

1997

6,564.09

2007

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Exports: Telecommunication Equipment

7,552.80

2017

18,622.32

2016

1,104.02

2001

34,420.10

2013

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Exports: Television

332.12

2017

273.04

2016

60.34

2000

2,659.25

2011

USD th

yearly

1995 - 2017

Updated on 2018-10-10
External Debt

22,083.4

Jun 2018

22,071.9

Mar 2018

3,287.7

Mar 2007

22,083.4

Jun 2018

USD mn

quarterly

Dec 2006 - Jun 2018

Updated on 2018-08-15
External Debt: % of GDP

5.1

2017

2.8

2016

1.1

2008

57.2

1991

%

yearly

1985 - 2017

Updated on 2018-09-20
Forecast: Consumer Price Index Growth

14.50

2023

14.50

2022

5.40

2007

29.29

1996

%

yearly

1996 - 2023

Updated on 2018-10-09
Forecast: Current Account Balance

0.83

2023

1.82

2022

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2023

Updated on 2018-10-09
Forecast: Exports of Goods Growth

1.17

2023

1.27

2022

-15.34

2002

32.94

2003

%

yearly

1991 - 2023

Updated on 2018-10-09
Forecast: GDP PPP Per Capita

6,540.98

2023

6,437.47

2022

2,035.62

1991

6,540.98

2023

PPP Intl $

yearly

1990 - 2023

Updated on 2018-10-09
Forecast: Government Expenditure

29,954.84

2023

26,246.39

2022

99.77

1990

29,954.84

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-10-09
Forecast: Government Net Debt

72,818.78

2023

62,986.01

2022

358.18

1990

72,818.78

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-10-09
Forecast: Government Revenue

20,322.07

2023

17,600.05

2022

96.42

1990

20,322.07

2023

NGN bn

yearly

1990 - 2023

Updated on 2018-10-09
Forecast: Nominal GDP Per Capita

3,317.06

2023

3,003.30

2022

496.50

1999

3,317.06

2023

USD

yearly

1990 - 2023

Updated on 2018-10-09
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

2.42

2023

2.42

2022

-1.62

2016

14.60

2002

%

yearly

1991 - 2023

Updated on 2018-10-09
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

435.6

Jun 2018

808.6

Mar 2018

435.6

Jun 2018

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Jun 2018

Updated on 2018-10-10
Foreign Direct Investment: % of GDP

0.4

Jun 2018

0.9

Mar 2018

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Jun 2018

Updated on 2018-10-10
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

12.02

Jun 2018

12.28

Mar 2018

5.29

Mar 2015

12.28

Mar 2018

%

quarterly

Dec 2010 - Jun 2018

Updated on 2018-10-10
Foreign Exchange Reserves: Months of Import

15.0

Jun 2018

13.4

May 2018

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Jun 2018

Updated on 2018-10-10
Foreign Portfolio Investment

4,233.38

Jun 2018

5,141.95

Mar 2018

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Jun 2018

Updated on 2018-10-10
GDP Deflator Growth

11.9

Jun 2018

7.3

Mar 2018

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Jun 2018

Updated on 2018-09-20
GDP per Capita

1,951.27

2017

2,156.84

2016

492.49

1999

3,224.69

2014

USD

yearly

1981 - 2017

Updated on 2018-09-20
Gold Production

7,900.00

2016

7,900.00

2015

1.00

1993

7,900.00

2016

kg

yearly

1993 - 2016

Updated on 2018-09-27
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 2018-09-20
Government Debt: % of GDP

16.2

2017

14.3

2016

7.2

2008

80.5

1992

%

yearly

1981 - 2017

Updated on 2018-09-20
Gross Fixed Capital Formation

14,672.82

Dec 2017

12,437.75

Sep 2017

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-09-20
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 2018-09-20
Gross Savings Rate

15.5

2017

13.1

2016

13.1

2016

88.4

1981

%

yearly

1981 - 2017

Updated on 2018-09-20
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

902,951.88

2017

752,673.78

2016

70,479.00

2004

902,951.88

2017

USD th

yearly

1995 - 2017

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

272,353.05

2017

203,480.24

2016

25,708.39

2000

272,353.05

2017

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Imports: Telecommunication Equipment

1,022,996.25

2017

1,154,918.72

2016

123,010.74

2000

2,588,423.57

2008

USD th

yearly

1995 - 2017

Updated on 2018-10-10
Imports: Television

187,247.52

2017

148,679.77

2016

18,501.00

2004

515,307.11

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 2018-09-20
Investment: % of GDP

15.5

2017

15.4

2016

14.7

2012

89.4

1981

%

yearly

1981 - 2017

Updated on 2018-09-20
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

18.96

2018

20.53

2017

12.79

2005

22.91

2014

2004=100

yearly

2004 - 2018

Updated on 2018-10-03
Liquid Assets Ratio

32.7

Jul 2018

29.2

Dec 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - Jul 2018

Updated on 2018-09-28
Market Capitalization: % of GDP

12.0

2017

9.1

2016

3.0

1985

29.7

2007

%

yearly

1985 - 2017

Updated on 2018-09-20
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

34,932.81

Sep 2018

34,193.79

Aug 2018

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Sep 2018

Updated on 2018-10-17
Money Supply M2

82,666.27

Sep 2018

81,357.44

Aug 2018

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Sep 2018

Updated on 2018-10-17
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 2018-10-10
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 2018-10-10
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 2018-10-10
Motor Vehicles Sales

6,999

2017

23,000

2016

6,999

2017

53,900

2014

Unit

yearly

2005 - 2017

Updated on 2018-10-10
Motor Vehicles Sales Growth

-69.6

2017

15.0

2016

-69.6

2017

325.0

2009

%

yearly

2006 - 2017

Updated on 2018-09-20
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

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

13.57

Jun 2018

9.36

Mar 2018

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Jun 2018

Updated on 2018-09-20
Non Performing Loans Ratio

14.8

2017

12.8

2016

2.9

2014

32.8

2009

%

yearly

2003 - 2017

Updated on 2018-08-16
Number of Subscriber Fixed Line

139,344.00

2017

154,513.00

2016

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2017

Updated on 2018-10-10
Number of Subscriber Mobile

144,920,170.00

2017

154,342,168.00

2016

0.00

1992

154,342,168.00

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

82,117.76

Dec 2017

81,209.48

Sep 2017

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Dec 2017

Updated on 2018-09-20
Private Consumption: % of GDP

79.9

2017

81.5

2016

9.8

1981

81.5

2016

%

yearly

1981 - 2017

Updated on 2018-09-20
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 2018-09-20
Public Consumption: % of GDP

4.6

2017

5.4

2016

0.9

1996

9.4

2007

%

yearly

1981 - 2017

Updated on 2018-09-20
Real GDP Growth

1.5

Jun 2018

2.0

Mar 2018

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Jun 2018

Updated on 2018-09-20
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

0.07

2017

0.08

2016

0.05

1960

1.18

2006

Number

yearly

1960 - 2017

Updated on 2018-09-19
Teledensity: Mobile

75.92

2017

82.98

2016

0.00

1992

83.25

2015

Number

yearly

1960 - 2017

Updated on 2018-09-19
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 2018-09-20
Total Exports

4,899.7

Jun 2018

4,796.2

May 2018

322.9

Oct 1986

11,679.2

Aug 2011

USD mn

monthly

Jan 1981 - Jun 2018

Updated on 2018-09-27
Total Exports Growth

19.1

Jun 2018

27.5

May 2018

-74.9

Oct 1986

206.1

Feb 2000

%

monthly

Jan 1982 - Jun 2018

Updated on 2018-09-27
Total Imports

3,141.6

Jun 2018

3,496.3

May 2018

230.8

Feb 1986

6,412.0

Apr 2011

USD mn

monthly

Jan 1981 - Jun 2018

Updated on 2018-09-27
Total Imports Growth

-3.1

Jun 2018

8.6

May 2018

-66.4

Feb 1986

114.1

Jan 2011

%

monthly

Jan 1982 - Jun 2018

Updated on 2018-09-27
Tourism Revenue

1,085

2016

470

2015

47

1995

1,085

2016

USD mn

yearly

1995 - 2016

Updated on 2018-09-20
Tourism Revenue Growth

130.9

2016

-21.8

2015

-77.3

2003

184.6

2008

%

yearly

1996 - 2016

Updated on 2018-09-20
Trade Balance

2,906.8

Jun 2018

2,516.2

May 2018

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2018

Updated on 2018-09-20
Visitor Arrivals

1,889,000

2016

1,255,000

2015

486,000

2012

1,889,000

2016

Person

yearly

1995 - 2016

Updated on 2018-09-20
Visitor Arrivals Growth

50.5

2016

23.5

2013

-54.0

2011

50.5

2016

%

yearly

1996 - 2016

Updated on 2018-09-20
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