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Nigeria Real Effective Exchange Rate

1979 - 2017 | monthly | 2005=100 | CEIC Generated

Nigeria's Real Effective Exchange Rate (REER: 2005=100: Month Avg: Nigeria) was 123.0 in Jul 2017, compared with the number of 122.9 in the previous month. Nigeria's Real Effective Exchange Rate data is updated monthly and averaged 718.3 from Dec 1979 to Jul 2017. The data reached an all-time high of 718.3 in Sep 1984 and a record low of 51.7 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 21.4 % pa in Aug 2017. The cash rate (Policy Rate: Month End) was set at 14.0 % pa in Aug 2017. Nigeria's Exchange Rate against USD averaged 305.2 (NGN/USD) in Aug 2017.

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What was Nigeria’s Real Effective Exchange Rate in Jul 2017?

Last Previous Min Max Unit Frequency Range

123.0

Jul 2017

122.9

Jun 2017

51.7

Mar 1992

718.3

Sep 1984

2005=100

monthly

Dec 1979 - Jul 2017

Updated on Aug 2017

View Nigeria's Real Effective Exchange Rate from Dec 1979 to Jul 2017 in the chart:

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More Countries for Real Effective Exchange Rate

Country Last Previous Min Max Unit Frequency Range
United States

99.4

Aug 2017

100.4

Jul 2017

83.0

Jul 2011

131.7

Mar 1985

2005=100

monthly

Jan 1973 - Aug 2017

Updated on Sep 2017
Canada

98.3

Aug 2017

97.9

Jul 2017

79.0

Nov 2001

122.7

Nov 2007

2005=100

monthly

Jan 1998 - Aug 2017

Updated on Aug 2017
France

92.6

Aug 2017

92.0

Jul 2017

88.7

Apr 2015

106.4

Apr 1995

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Germany

92.7

Aug 2017

91.8

Jul 2017

87.0

Apr 2015

117.1

Mar 1995

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Italy

94.7

Aug 2017

93.9

Jul 2017

73.6

Nov 1981

126.5

Jan 1992

2005=100

monthly

Jan 1980 - Aug 2017

Updated on Sep 2017
Japan

75.2

Jul 2017

77.0

Jun 2017

57.3

Aug 1970

151.4

Apr 1995

2005=100

monthly

Jan 1970 - Jul 2017

Updated on Aug 2017
United Kingdom

77.1

Aug 2017

78.3

Jul 2017

75.3

Oct 2016

107.9

Apr 2000

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Austria

99.6

Aug 2017

99.0

Jul 2017

94.5

Apr 2015

110.6

Apr 1995

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Belgium

100.5

Aug 2017

99.6

Jul 2017

91.1

Oct 2000

109.1

Apr 1995

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Bulgaria

113.1

Aug 2017

112.6

Jul 2017

40.2

Jan 1997

124.7

Jun 2009

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Cyprus

93.4

Aug 2017

92.8

Jul 2017

86.9

Aug 1993

103.0

Jul 2008

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Czech Republic

117.2

Aug 2017

117.0

Jul 2017

75.1

Feb 1995

129.7

Jul 2008

2005=100

monthly

Jan 1995 - Aug 2017

Updated on Sep 2017
Denmark

101.6

Jan 2017

101.4

Dec 2016

83.5

Jan 1984

108.8

Mar 2009

2005=100

monthly

Jan 1970 - Jan 2017

Updated on May 2017
Estonia

119.5

Aug 2017

118.6

Jul 2017

43.6

Jan 1993

119.5

Aug 2017

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Finland

97.2

Aug 2017

96.6

Jul 2017

93.2

Apr 2015

161.0

Jan 1992

2005=100

monthly

Jan 1980 - Aug 2017

Updated on Sep 2017
Greece

95.4

Aug 2017

94.9

Jul 2017

86.6

Sep 2000

107.2

Nov 2009

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Hungary

99.9

Jul 2017

100.7

Jun 2017

83.9

Jul 2008

188.9

Jan 1990

2005=100

monthly

Jan 1990 - Jul 2017

Updated on Sep 2017
Iceland

91.9

Aug 2017

94.9

Jul 2017

56.9

Nov 2008

108.5

Apr 1974

2005=100

monthly

Jan 1970 - Aug 2017

Updated on Sep 2017
Ireland

88.8

Aug 2017

87.7

Jul 2017

79.1

Oct 2000

109.9

Apr 2008

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Latvia

116.9

Aug 2017

116.4

Jul 2017

39.4

Jan 1993

129.3

Feb 2009

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Lithuania

114.6

Aug 2017

113.8

Jul 2017

1.2

Dec 1990

119.2

Mar 2009

2005=100

monthly

Dec 1990 - Aug 2017

Updated on Sep 2017
Argentina

57.2

Aug 2017

56.3

Jul 2017

41.1

Oct 2001

123.0

Jun 2002

2005=100

monthly

Jan 1997 - Aug 2017

Updated on Sep 2017
Luxembourg

99.2

Aug 2017

98.6

Jul 2017

89.0

Oct 2000

105.1

Jul 2008

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Malta

99.1

Aug 2017

98.2

Jul 2017

81.4

Aug 1993

106.3

Oct 2009

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Bolivia

58.1

Aug 2017

58.0

Jul 2017

54.1

Feb 2016

102.5

Apr 2006

2005=100

monthly

Jan 1991 - Aug 2017

Updated on Sep 2017
Netherlands

92.3

Aug 2017

91.5

Jul 2017

80.8

Mar 1985

103.0

Jan 2004

2005=100

monthly

Jan 1980 - Aug 2017

Updated on Sep 2017
Norway

88.0

Aug 2017

87.5

Jul 2017

81.8

Dec 2015

111.3

Jan 2003

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Brazil

112.5

Jul 2017

110.5

Jun 2017

64.1

Oct 2002

165.2

Mar 1990

2005=100

monthly

Jan 1988 - Jul 2017

Updated on Aug 2017
Poland

94.1

Aug 2017

94.5

Jul 2017

69.2

Aug 1994

125.0

Jul 2008

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Chile

98.0

Jul 2017

98.8

Jun 2017

79.1

Oct 1997

121.9

Jan 1990

2005=100

monthly

Jan 1986 - Jul 2017

Updated on Aug 2017
Portugal

95.9

Aug 2017

95.4

Jul 2017

89.9

Oct 2000

102.2

Apr 2008

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Colombia

113.8

Aug 2017

115.6

Jul 2017

80.5

Mar 1999

127.7

Jan 2003

2005=100

monthly

Jan 1990 - Aug 2017

Updated on Sep 2017
Romania

97.5

Aug 2017

97.6

Jul 2017

45.6

Feb 1997

122.2

Jul 2007

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Slovakia

125.6

Aug 2017

125.0

Jul 2017

59.2

Sep 1993

134.5

Mar 2009

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Slovenia

99.2

Aug 2017

98.6

Jul 2017

85.5

Feb 1994

105.8

Mar 2009

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Ecuador

104.4

Aug 2017

102.3

Jul 2017

85.1

Mar 2015

104.4

Aug 2017

2007=100

monthly

Jan 2011 - Aug 2017

Updated on Sep 2017
Mexico

120.1

Jul 2017

121.8

Jun 2017

75.3

Mar 2002

189.1

Apr 1987

2005=100

monthly

Jan 1968 - Jul 2017

Updated on Sep 2017
Spain

97.6

Aug 2017

97.0

Jul 2017

87.5

Oct 2000

105.9

Apr 2008

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Sweden

89.8

Aug 2017

89.1

Jul 2017

84.1

Mar 2009

121.9

Oct 1996

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Paraguay

60.3

Jul 2017

60.2

Jun 2017

55.4

Feb 1999

103.6

Feb 2005

2005=100

monthly

Jan 1995 - Jul 2017

Updated on Sep 2017
Switzerland

114.6

Aug 2017

117.0

Jul 2017

92.9

Jul 2007

129.6

Aug 2011

2005=100

monthly

Jan 1999 - Aug 2017

Updated on Sep 2017
Peru

91.7

Aug 2017

91.2

Jul 2017

75.2

Mar 1992

109.7

May 1991

2005=100

monthly

Jan 1991 - Aug 2017

Updated on Sep 2017
Uruguay

57.0

Jul 2017

56.4

Jun 2017

56.1

Jan 2017

116.5

Jan 2004

2005=100

monthly

Jan 2000 - Jul 2017

Updated on Aug 2017
Venezuela

2,466.1

Aug 2017

2,246.2

Jul 2017

62.2

Jun 1994

2,466.1

Aug 2017

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Algeria

94.1

Aug 2017

96.5

Jul 2017

93.2

Apr 2016

184.9

Mar 1994

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Australia

107.5

Aug 2017

107.2

Jul 2017

73.6

Mar 2001

126.8

Aug 2012

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Bangladesh

155.9

2016

147.6

2015

94.8

2006

155.9

2016

2005=100

yearly

1999 - 2016

Updated on 2017
Bahrain

102.8

Jul 2017

103.7

Jun 2017

81.6

Jun 2011

228.4

Feb 1985

2005=100

monthly

Jan 1980 - Jul 2017

Updated on Aug 2017
China

141.7

Aug 2017

141.0

Jul 2017

78.1

Jan 1994

155.3

Jul 2015

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Botswana

100.6

Jun 2017

100.3

May 2017

91.7

Dec 2007

102.2

Jan 2015

Sep2016=100

monthly

Dec 2006 - Jun 2017

Updated on Aug 2017
Hong Kong

105.3

Aug 2017

106.9

Jul 2017

81.0

Aug 2011

144.9

Aug 1998

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
India

116.0

Aug 2017

115.9

Jul 2017

94.8

Apr 2009

117.0

Apr 2017

2005=100

monthly

Apr 2004 - Aug 2017

Updated on Sep 2017
Israel

122.3

Aug 2017

125.4

Jul 2017

96.7

Feb 2006

134.2

Jan 1998

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Indonesia

116.1

Aug 2017

117.9

Jul 2017

45.4

Jun 1998

142.3

Feb 1997

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
South Korea

90.7

Aug 2017

91.4

Jul 2017

59.2

Jan 1998

107.8

Apr 2006

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Malaysia

91.6

Aug 2017

92.0

Jul 2017

90.7

Sep 2015

140.4

Mar 1997

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
New Zealand

101.3

Jul 2017

100.8

Jun 2017

60.5

Aug 1984

107.2

Jul 2014

2005=100

monthly

Jan 1984 - Jul 2017

Updated on Sep 2017
Pakistan

125.8

Jul 2017

127.2

Jun 2017

93.8

Sep 2001

129.8

Apr 2017

2005=100

monthly

Jul 2001 - Jul 2017

Updated on Aug 2017
Philippines

128.9

Aug 2017

131.2

Jul 2017

92.5

Dec 2003

156.1

Jan 1997

2005=100

monthly

Jan 1993 - Aug 2017

Updated on Sep 2017
Singapore

120.8

Aug 2017

120.9

Jul 2017

99.0

Jun 2005

127.2

Nov 2013

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Sri Lanka

144.6

Jul 2017

147.2

Jun 2017

90.8

Feb 2004

155.1

Jan 2015

2005=100

monthly

Jan 2003 - Jul 2017

Updated on Sep 2017
Taiwan

91.9

Aug 2017

92.7

Jul 2017

83.9

Oct 2011

125.9

Jan 1994

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Thailand

120.3

Jul 2017

119.7

Jun 2017

78.1

Jan 1998

137.9

Jun 1997

2005=100

monthly

Jan 1994 - Jul 2017

Updated on Sep 2017
Armenia

124.3

Jul 2017

126.4

Jun 2017

84.9

Aug 2003

147.3

Feb 2009

2005=100

monthly

Jan 1997 - Jul 2017

Updated on Sep 2017
Azerbaijan

115.6

Jul 2017

115.6

Jun 2017

94.5

Jan 2005

190.0

Jan 2015

2005=100

monthly

Jan 2005 - Jul 2017

Updated on Sep 2017
Belarus

82.8

Mar 2015

85.5

Feb 2015

57.0

Nov 2011

221.3

Feb 2000

2005=100

monthly

Jan 1996 - Mar 2015

Updated on May 2015
Bosnia and Herzegovina

96.5

Jun 2017

98.0

May 2017

96.4

Sep 2016

106.1

Jan 2009

2005=100

monthly

Jan 2005 - Jun 2017

Updated on Aug 2017
Croatia

102.7

Jul 2017

102.7

Jun 2017

92.0

Oct 2009

109.9

Mar 2000

2005=100

monthly

Jan 1996 - Jul 2017

Updated on Sep 2017
Georgia

116.0

Aug 2017

117.3

Jul 2017

85.0

Feb 1999

124.6

Jun 2012

2005=100

monthly

Dec 1995 - Aug 2017

Updated on Sep 2017
Kazakhstan

92.5

Jul 2017

94.5

Jun 2017

81.1

Jan 2016

140.1

Jan 1999

2005=100

monthly

Jan 1995 - Jul 2017

Updated on Sep 2017
Kyrgyzstan

115.0

Jul 2017

115.3

Jun 2017

95.3

Mar 2000

129.7

Feb 2015

2005=100

monthly

Jan 2000 - Jul 2017

Updated on Sep 2017
Macedonia

99.8

Jul 2017

101.5

Jun 2017

93.2

Dec 1993

165.3

Apr 1993

2005=100

monthly

Jan 1993 - Jul 2017

Updated on Aug 2017
Moldova

144.9

Jul 2017

145.6

Jun 2017

47.1

Nov 1993

154.1

Feb 2009

2005=100

monthly

Nov 1993 - Jul 2017

Updated on Aug 2017
Mongolia

117.5

Jun 2017

115.8

May 2017

68.9

Jan 2000

142.5

Jun 2012

2005=100

monthly

Jan 2000 - Jun 2017

Updated on Aug 2017
Russia

105.5

Aug 2017

107.8

Jul 2017

50.5

Oct 1994

136.9

Feb 2013

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Serbia

122.6

Aug 2017

121.2

Jul 2017

88.6

Jan 2002

140.8

Sep 2008

2005=100

monthly

Jan 2002 - Aug 2017

Updated on Sep 2017
Turkey

79.5

Aug 2017

79.2

Jul 2017

77.6

Jan 2017

113.2

Dec 2007

2005=100

monthly

Jan 2003 - Aug 2017

Updated on Sep 2017
Ukraine

77.5

Jul 2017

77.1

Jun 2017

45.0

Apr 1993

234.2

Apr 1994

2005=100

monthly

Dec 1992 - Jul 2017

Updated on Aug 2017
Morocco

95.8

Jul 2017

97.6

Jun 2017

90.7

Sep 1990

113.4

Oct 2000

2005=100

monthly

Jan 1988 - Jul 2017

Updated on Aug 2017
Nigeria

123.0

Jul 2017

122.9

Jun 2017

51.7

Mar 1992

718.3

Sep 1984

2005=100

monthly

Dec 1979 - Jul 2017

Updated on Aug 2017
Saudi Arabia

123.8

Aug 2017

126.0

Jul 2017

92.2

Mar 2008

132.6

Jan 1998

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
South Africa

89.1

Jun 2017

87.2

May 2017

63.9

Dec 2001

143.5

Aug 1983

2005=100

monthly

Jan 1970 - Jun 2017

Updated on Sep 2017
Tunisia

79.6

Jul 2017

80.8

Jun 2017

79.6

Jul 2017

258.1

Jun 1975

2005=100

monthly

Jan 1975 - Jul 2017

Updated on Aug 2017
United Arab Emirates

123.5

Aug 2017

124.9

Jul 2017

79.2

Apr 1995

131.6

Jan 2017

2005=100

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Ivory Coast

100.8

Jul 2017

99.5

Jun 2017

66.5

Jan 1994

137.0

Dec 1979

2005=100

monthly

Dec 1979 - Jul 2017

Updated on Aug 2017
European Union

90.8

Aug 2017

89.4

Jul 2017

41.3

Sep 1980

110.5

Jan 1993

2005=100

monthly

Jan 1980 - Aug 2017

Updated on Sep 2017
Iran

158.1

Jul 2017

159.6

Jun 2017

67.7

Aug 1992

515.1

Mar 1985

2005=100

monthly

Jan 1973 - Jul 2017

Updated on Aug 2017
Kosovo

104.9

Jul 2017

104.6

Jun 2017

97.2

Jul 2007

108.4

Mar 2008

Jan2007=100

monthly

Dec 2006 - Jul 2017

Updated on Aug 2017

More Indicators for Nigeria

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

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 2017
Business Confidence: Net Balance

-7.4

Jun 2017

-20.5

Mar 2017

-24.3

Sep 2016

24.5

Mar 2011

% Point

quarterly

Jun 2008 - Jun 2017

Updated on Aug 2017
Foreign Direct Investment

853.9

Mar 2017

1,269.2

Dec 2016

501.8

Dec 2015

3,084.9

Dec 2012

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Total Imports Growth

9.2

May 2017

-14.3

Apr 2017

-66.4

Feb 1986

114.2

Jan 2011

%

monthly

Jan 1982 - May 2017

Updated on Aug 2017
Money Supply M2

72,701.67

Jul 2017

71,013.52

Jun 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - Jul 2017

Updated on Aug 2017
Forecast: Government Revenue

18,953.85

2022

15,851.45

2021

1,986.95

2000

18,953.85

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Natural Gas: Exports

25,146.50

2016

26,703.50

2015

740.00

1999

28,266.00

2012

Cub m mn

yearly

1999 - 2016

Updated on 2017
Real GDP Growth

0.5

Jun 2017

-0.9

Mar 2017

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Labour Productivity Growth

1.88

Dec 2016

0.69

Sep 2016

-3.51

Jun 2013

9.90

Dec 2014

%

quarterly

Mar 2013 - Dec 2016

Updated on Jun 2017
Domestic Credit Growth

6.8

Jul 2017

7.2

Jun 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - Jul 2017

Updated on Aug 2017
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Total Imports

3,249.5

May 2017

2,486.4

Apr 2017

230.8

Feb 1986

6,406.7

Apr 2011

USD mn

monthly

Jan 1981 - May 2017

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

20.17

Aug 2017

20.19

Jul 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - Aug 2017

Updated on Sep 2017
Forecast: Nominal GDP Per Capita

3,040.00

2022

3,014.14

2021

496.50

1999

3,268.39

2014

USD

yearly

1990 - 2022

Updated on 2017
Crude Oil: Exports

1,738.00

2016

2,114.00

2015

1,665.00

1995

2,464.00

2010

Barrel/Day th

yearly

1995 - 2016

Updated on 2017
Exports: Medicinal and Pharmaceutical Product

17.87

2016

23.80

2015

0.04

2002

70.84

2011

USD th

yearly

1995 - 2016

Updated on 2017
Public Consumption: % of GDP

5.9

2015

6.5

2014

2.1

1991

13.9

1978

%

yearly

1950 - 2015

Updated on 2017
Equity Market Index

35,504.6

Aug 2017

35,844.0

Jul 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Aug 2017

Updated on Aug 2017
Domestic Credit

88,944.2

Jul 2017

86,511.4

Jun 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - Jul 2017

Updated on Aug 2017
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

27.6

2009

%

yearly

2003 - 2015

Updated on 2017
Visitor Arrivals

1,255,000

2015

600,000

2013

486,000

2012

1,555,000

2010

Person

yearly

1995 - 2015

Updated on 2017
Core CPI Change

12.70

Aug 2017

12.35

Jul 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - Aug 2017

Updated on Sep 2017
Forecast: Government Expenditure

29,157.59

2022

24,665.24

2021

1,706.56

2000

29,157.59

2022

NGN bn

yearly

2000 - 2022

Updated on 2017
Motor Vehicle Sales: Commercial Cars

3,800.00

Dec 2016

1,900.00

Jun 2016

1,900.00

Jun 2016

17,000.00

Dec 2009

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
Crude Oil: Production

1,861.00

Aug 2017

1,723.00

Jul 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Aug 2017

Updated on Sep 2017
Gold Production

7,700.00

2015

7,100.00

2014

1.00

1993

7,700.00

2015

kg

yearly

1993 - 2015

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

Updated on 2017
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Short Term Interest Rate

21.39

Aug 2017

20.95

Jul 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Aug 2017

Updated on Sep 2017
Gold Reserves

0.06

May 2017

0.06

Apr 2017

0.00

Sep 1961

35.97

Oct 1980

USD mn

monthly

Sep 1961 - May 2017

Updated on Aug 2017
Forecast: Government Net Debt

67,270.99

2022

57,788.87

2021

358.18

1990

67,270.99

2022

NGN bn

yearly

1990 - 2022

Updated on 2017
Motor Vehicle Sales: Passenger Cars

19,200.00

Dec 2016

6,900.00

Jun 2016

6,900.00

Jun 2016

42,000.00

Dec 2014

Unit

semiannually

Dec 2005 - Dec 2016

Updated on Mar 2017
GDP Deflator Growth

14.0

Jun 2017

18.1

Mar 2017

0.3

Mar 2015

18.1

Mar 2017

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Direct Investment Abroad

328.7

Mar 2017

326.9

Dec 2016

-269.0

Mar 2010

954.3

Dec 2013

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Total Exports

3,530.4

May 2017

4,051.1

Apr 2017

322.9

Oct 1986

11,635.2

Aug 2011

USD mn

monthly

Jan 1981 - May 2017

Updated on Aug 2017
Bank Lending Rate

17.65

Jul 2017

17.59

Jun 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Jul 2017

Updated on Aug 2017
Consumer Confidence: Net Balance

34.2

Jun 2017

27.2

Mar 2017

24.2

Jun 2009

44.6

Jun 2011

% Point

quarterly

Jun 2009 - Jun 2017

Updated on Aug 2017
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 2017
Trade Balance

492.5

Jun 2017

798.4

May 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
Forecast: GDP PPP Per Capita

6,327.51

2022

6,255.81

2021

2,026.44

1991

6,327.51

2022

Intl $

yearly

1990 - 2022

Updated on 2017
Crude Steel Production

100.00

2015

100.00

2014

0.00

2003

321.00

1985

Tonne th

yearly

1973 - 2015

Updated on 2016
Consumer Confidence Growth

0.7

Jun 2017

-13.7

Mar 2017

-15.2

Jun 2012

15.3

Dec 2010

% Point

quarterly

Jun 2010 - Jun 2017

Updated on Aug 2017
Exchange Rate against USD

305.167

Aug 2017

305.362

Jul 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Aug 2017

Updated on Aug 2017
Foreign Exchange Reserves

30,899.0

Jul 2017

30,341.0

Jun 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jul 2017

Updated on Sep 2017
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Forecast: Real GDP Growth

1.81

2022

1.81

2021

-1.54

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 2017
Consumer Price Index CPI Growth

16.0

Aug 2017

16.1

Jul 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Aug 2017

Updated on Sep 2017
External Debt

15,047.0

Jun 2017

13,807.6

Mar 2017

3,287.7

Mar 2007

15,047.0

Jun 2017

USD mn

quarterly

Dec 2006 - Jun 2017

Updated on Sep 2017
Gross National Product

396,373.09

2016

470,329.01

2015

4,173.70

1960

548,655.75

2014

USD mn

yearly

1960 - 2016

Updated on 2017
Gross Savings Rate

15.5

2015

21.8

2014

15.5

2015

33.4

2012

%

yearly

2010 - 2015

Updated on 2017
Labour Force Participation Rate

56.4

2016

56.3

2015

54.8

2004

57.0

1990

%

yearly

1990 - 2016

Updated on 2017
Current Account Balance: % of GDP

3.4

Mar 2017

3.4

Dec 2016

-5.3

Mar 2015

20.9

Jun 2008

%

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
M2 Growth

4.8

Apr/2017

7.6

Mar/2017

-2.2

Nov/2013

100.1

Mar/2008

%

monthly

Nov/1993 - Apr/2017

Updated on May/2017
Reserve Requirement Ratio

22.5

Aug 2017

22.5

Jul 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Aug 2017

Updated on Aug 2017
Private Consumption Expenditure

75,688.34

Sep 2016

91,067.41

Jun 2016

53,304.76

Jun 2010

119,809.21

Dec 2014

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Investment: % of GDP

15.5

2015

15.8

2014

5.5

2005

34.0

1981

%

yearly

1981 - 2015

Updated on 2017
Business Confidence Growth

-0.4

Jun 2017

-21.6

Mar 2017

-32.4

Sep 2016

24.6

Dec 2010

% Point

quarterly

Jun 2009 - Jun 2017

Updated on Aug 2017
Foreign Direct Investment: % of GDP

1.0

Mar 2017

1.3

Dec 2016

0.4

Dec 2015

2.5

Dec 2012

%

quarterly

Mar 2010 - Mar 2017

Updated on Jul 2017
Policy Rate

14.00

Aug 2017

14.00

Jul 2017

6.00

Aug 2010

14.00

Aug 2017

% pa

monthly

Dec 2006 - Aug 2017

Updated on Aug 2017
Gross Fixed Capital Formation

11,053.34

Sep 2016

21,047.37

Jun 2016

11,053.34

Sep 2016

23,106.21

Jun 2014

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Forecast: Current Account Balance

2.59

2022

3.25

2021

-15.76

2015

36.53

2005

USD bn

yearly

1980 - 2022

Updated on 2017
Forecast: Unemployment Rate

12.70

2016

9.00

2015

5.09

2010

12.70

2016

%

yearly

2010 - 2016

Updated on 2017
Aluminum: Exports

89,018.82

2016

114,303.12

2015

121.32

1995

187,509.95

2013

USD th

yearly

1995 - 2016

Updated on 2017
Industrial Production Index Growth

-1.1

Mar 2017

-8.7

Dec 2016

-20.3

Mar 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on Jul 2017
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Employed Persons

52,576,233.00

Dec 2016

53,554,109.00

Sep 2016

50,198,600.00

Jun 2012

57,270,900.00

Dec 2013

Person

quarterly

Mar 2012 - Dec 2016

Updated on Jun 2017
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

Updated on 2017
Forecast: Consumer Price Index Growth

14.50

2022

14.73

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Forecast: Exports of Goods Growth

0.37

2022

0.33

2021

-15.35

2002

32.95

2003

%

yearly

1991 - 2022

Updated on 2017
Imports: Telecommunication Equipment

1,472,076.43

2016

1,678,702.84

2015

122,369.76

2000

2,587,404.96

2008

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Television

233,037.11

2016

291,353.60

2015

18,501.00

2004

515,894.12

2014

USD th

yearly

1995 - 2016

Updated on 2017
Container Port Throughput

1,062,388.64

2014

1,010,836.00

2013

72,500.00

2008

1,062,388.64

2014

TEU

yearly

2008 - 2014

Updated on 2015
Liner Shipping Connectivity Index

21.93

2016

32.68

2015

12.79

2005

32.68

2015

2004=100

yearly

2004 - 2016

Updated on 2016
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

Updated on 2017
Imports: Medicament

206,780.69

2016

253,802.12

2015

26,577.00

2004

364,249.10

2014

USD th

yearly

1995 - 2016

Updated on 2017
GDP per Capita

2,156.84

2016

2,698.63

2015

481.68

1999

3,224.69

2014

USD

yearly

1981 - 2016

Updated on 2017
Private Consumption: % of GDP

78.6

2015

71.7

2014

23.4

1982

89.0

1960

%

yearly

1950 - 2015

Updated on 2017
Total Deposits

115,177.95

2014

108,027.98

2013

8,990.28

2001

115,177.95

2014

USD mn

yearly

2001 - 2014

Updated on 2017
Imports: ICT Goods

1,821,759.16

2014

1,599,075.80

2013

142,895.81

2000

2,928,318.22

2010

USD th

yearly

2000 - 2014

Updated on 2016
Exports: Telecommunication Equipment

10,933.15

2016

13,982.52

2015

1,081.96

2001

34,230.47

2013

USD th

yearly

1995 - 2016

Updated on 2017
Exports: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
Natural Gas Production: OPEC: Marketed Production

42,562.40

2016

45,148.10

2015

4,844.00

1995

45,148.10

2015

Cub m mn

yearly

1995 - 2016

Updated on 2017
Imports: Medicinal and Pharmaceutical Product

62,172.38

2016

72,309.87

2015

2,093.71

1996

102,212.69

2014

USD th

yearly

1995 - 2016

Updated on 2017
Minerals Production

147,959,459.00

2015

145,160,994.00

2014

117,782,300.00

2009

151,065,413.00

2012

Metric Ton

yearly

2009 - 2015

Updated on 2017
National Government Debt

54,466.3

Jun 2017

53,040.0

Mar 2017

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Jun 2017

Updated on Sep 2017
Nominal GDP

88,401.1

Jun 2017

85,300.0

Mar 2017

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Jun 2017

Updated on Sep 2017
Current Account Balance

2,911.2

Mar 2017

3,327.4

Dec 2016

-5,695.3

Sep 2015

10,383.7

Jun 2008

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Electricity Production

7,560

Mar 2017

6,913

Dec 2016

3,247

Jun 2009

9,936

Sep 2015

GWh

quarterly

Mar 2005 - Mar 2017

Updated on Jul 2017
Liquid Assets Ratio

21.4

May 2017

23.3

Mar 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - May 2017

Updated on Jul 2017
Motor Vehicles Sales

23,000

2016

20,000

2015

12,000

2008

53,900

2014

Unit

yearly

2005 - 2016

Updated on 2017
Foreign Exchange Reserves: Months of Import

9.2

May 2017

12.4

Apr 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - May 2017

Updated on Aug 2017
Foreign Portfolio Investment

438.47

Mar 2017

302.94

Dec 2016

-769.91

Dec 2014

5,963.20

Mar 2013

USD mn

quarterly

Mar 2008 - Mar 2017

Updated on Jul 2017
Total Exports Growth

14.7

May 2017

15.1

Apr 2017

-74.9

Oct 1986

207.1

Feb 2000

%

monthly

Jan 1982 - May 2017

Updated on Aug 2017
Tourism Revenue Growth

-21.8

2015

-2.4

2014

-77.3

2003

184.6

2008

%

yearly

1996 - 2015

Updated on 2017
Nominal GDP Growth

14.60

Jun 2017

17.06

Mar 2017

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Jun 2017

Updated on Sep 2017
Public Consumption Expenditure

4,352.97

Sep 2016

5,984.48

Jun 2016

4,352.97

Sep 2016

10,867.90

Dec 2010

USD mn

quarterly

Mar 2010 - Sep 2016

Updated on Jun 2017
Money Supply M1

33,815.55

Jul 2017

32,383.41

Jun 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - Jul 2017

Updated on Aug 2017
Foreign Exchange Reserves: % of GDP

8.50

Jun 2017

7.86

Mar 2017

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Jun 2017

Updated on Sep 2017
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Motor Vehicle Registered

3,750.00

2015

3,590.00

2014

1,747.00

2005

3,750.00

2015

Unit th

yearly

2005 - 2015

Updated on 2017
Exports: ICT Goods

1,754.72

2014

10,789.29

2013

0.98

2002

21,155.70

2011

USD th

yearly

2000 - 2014

Updated on 2016