Nigeria Real GDP Growth
2011 - 2023 | Quarterly | % | CEIC Data
Key information about Nigeria Real GDP Growth
- The Gross Domestic Product (GDP) in Nigeria expanded 2.3 % YoY in Mar 2023, following a growth of 3.5 % in the previous quarter.
- Real GDP Growth YoY data in Nigeria is updated quarterly, available from Mar 2011 to Mar 2023, with an average rate of 2.6 %.
- The data reached an all-time high of 6.9 % in Mar 2011 and a record low of -6.1 % in Jun 2020.
Related information about Nigeria Real GDP Growth
- In the latest reports, Nominal GDP of Nigeria reached 111.3 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 10.5 % in Mar 2023.
- GDP Per Capita in Nigeria reached 2,057.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 32.7 % in Dec 2021.
- For Nominal GDP contributions, Investment accounted for 33.8 % in Dec 2021.
- Public Consumption accounted for 5.1 % in Dec 2021.
- Private Consumption accounted for 62.2 % in Dec 2021.
View Nigeria's Real GDP Growth from Mar 2011 to Mar 2023 in the chart:
What was Nigeria's Real GDP Growth in Mar 2023?
The Gross Domestic Product (GDP) in Nigeria expanded 2.3 % YoY in Mar 2023, following a growth of 3.5 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.3 Mar 2023 | 3.5 Dec 2022 | -6.1 Jun 2020 | 6.9 Mar 2011 | % | quarterly | Mar 2011 - Mar 2023 |
Real GDP Growth by Country Comparison
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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.7 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Algeria (%) | 3.0 Mar 2023 | quarterly | Mar 2012 - Mar 2023 |
| Argentina (%) | 1.2 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Armenia (%) | 12.1 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Australia (%) | 2.7 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
| Austria (%) | 1.8 Mar 2023 | quarterly | Mar 1989 - Mar 2023 |
| Azerbaijan (%) | 0.4 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Bahrain (%) | 1.8 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 7.1 2022 | yearly | 2007 - 2022 |
| Belarus (%) | -2.0 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Belgium (%) | 1.9 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Bolivia (%) | 4.3 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
| Bosnia and Herzegovina (%) | 2.6 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| Botswana (%) | 6.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Brazil (%) | 3.4 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| Brunei (%) | 0.9 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Bulgaria (%) | 2.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cambodia (%) | 5.3 2022 | yearly | 1994 - 2022 |
| Canada (%) | 2.1 Dec 2022 | quarterly | Mar 1962 - Dec 2022 |
| Chile (%) | -0.1 Sep 2022 | quarterly | Mar 1987 - Sep 2022 |
| China (%) | 4.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Colombia (%) | 2.9 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Croatia (%) | 4.0 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cyprus (%) | 3.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Czech Republic (%) | 0.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Denmark (%) | 1.5 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
| Ecuador (%) | 3.2 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Egypt (%) | 4.4 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
| Estonia (%) | -4.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| European Union (%) | 1.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Finland (%) | -0.3 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| France (%) | 0.9 Mar 2023 | quarterly | Mar 1950 - Mar 2023 |
| Georgia (%) | 9.7 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| Germany (%) | -0.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Ghana (%) | 0.7 Jun 2023 | quarterly | Jun 2006 - Jun 2023 |
| Greece (%) | 5.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Hong Kong SAR, China (%) | 2.8 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Hungary (%) | 0.8 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Iceland (%) | 6.1 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| India (%) | 4.4 Dec 2022 | quarterly | Jun 2005 - Dec 2022 |
| Indonesia (%) | 5.0 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Iran (%) | 5.0 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
| Ireland (%) | -0.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Israel (%) | 2.5 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Italy (%) | 1.4 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
| Ivory Coast (%) | 6.8 2022 | yearly | 1966 - 2022 |
| Japan (%) | 0.4 Dec 2022 | quarterly | Mar 1956 - Dec 2022 |
| Jordan (%) | 2.8 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Kazakhstan (%) | 3.4 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Kenya (%) | 5.2 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| South Korea (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Kosovo (%) | 2.0 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Kuwait (%) | 4.7 Dec 2020 | quarterly | Jun 2010 - Dec 2020 |
| Kyrgyzstan (%) | 7.0 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
| Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
| Latvia (%) | 0.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Lebanon (%) | -25.9 2020 | yearly | 2005 - 2020 |
| Lithuania (%) | -0.4 Dec 2022 | quarterly | Jun 1995 - Dec 2022 |
| Luxembourg (%) | -2.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Macau SAR, China (%) | -23.4 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| North Macedonia (%) | 0.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | 7.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Malta (%) | 3.9 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Mauritius (%) | 7.4 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Mexico (%) | 3.7 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Moldova (%) | -10.3 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Mongolia (%) | 7.7 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Montenegro (%) | 6.9 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Morocco (%) | 0.5 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | 3.5 2022 | yearly | 2011 - 2022 |
| Nepal (%) | -0.7 Dec 2022 | quarterly | Dec 2004 - Dec 2022 |
| Netherlands (%) | 2.1 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
| New Zealand (%) | 1.8 Mar 2023 | quarterly | Jun 1983 - Mar 2023 |
| Nigeria (%) | 2.3 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Norway (%) | 1.8 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
| Oman (%) | 3.1 2021 | yearly | 1999 - 2021 |
| Pakistan (%) | 1.7 2023 | yearly | 2001 - 2023 |
| Palestinian Territory (%) | -2.1 Mar 2023 | quarterly | Jun 2000 - Mar 2023 |
| Panama (%) | 9.5 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Paraguay (%) | 5.2 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Peru (%) | -0.4 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Philippines (%) | 7.1 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Poland (%) | 0.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | -0.5 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Romania (%) | 2.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Russia (%) | -2.6 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Saudi Arabia (%) | -4.5 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
| Singapore (%) | 0.4 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Slovakia (%) | 1.2 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Slovenia (%) | 1.6 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
| South Africa (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Spain (%) | 2.7 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Sri Lanka (%) | -12.4 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Sudan (%) | -1.9 2021 | yearly | 1983 - 2021 |
| Sweden (%) | -0.1 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
| Switzerland (%) | 0.7 Mar 2023 | quarterly | Mar 1966 - Mar 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.5 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | -3,119.933 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| National Government Debt (USD mn) | 105,874.7 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Government Debt: % of GDP (%) | 38.4 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Forecast: Government Expenditure (NGN bn) | 69,308.370 2028 | yearly | 1990 - 2028 |
| Forecast: Government Net Debt (NGN bn) | 205,772.042 2028 | yearly | 1990 - 2028 |
| Forecast: Government Revenue (NGN bn) | 42,354.643 2028 | yearly | 1990 - 2028 |
| Federal Govt Balance (NGN bn) | -2,778.020 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Expenditure: Capital (NGN bn) | 577.610 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Gross Federation Account Revenue (NGN bn) | 3,417.450 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 3,727.570 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Gross Federation Account Revenue: Oil (NGN bn) | 809.020 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Revenue (NGN bn) | 1,733.060 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Federal Govt Expenditure (NGN bn) | 4,511.090 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Government Debt: Domestic (NGN bn) | 21,551.925 Sep 2022 | quarterly | Dec 2005 - Sep 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 2,864.8 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Exports (USD mn) | 4,980.1 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Exports Growth (%) | 20.8 Jun 2023 | monthly | Jan 2004 - Jun 2023 |
| Aluminum: Exports (USD th) | 165,096.506 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 2,876.353 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 480.530 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | -51.0 Jun 2023 | monthly | Jan 2004 - Jun 2023 |
| Imports: Medicament (USD th) | 755,360.705 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 508,406.689 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 572.559 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Imports from USA (USD mn) | 152.825 Jun 2023 | monthly | Dec 2009 - Jun 2023 |
| Total Exports to China (USD mn) | 95.340 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Total Imports from China (USD mn) | 789.577 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Exports: Crude Oil (NGN mn) | 2,414,082.844 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Total Trade (NGN mn) | 4,312,166.584 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Europe: ow Netherlands (NGN mn) | 211,211.147 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: America: ow USA (NGN mn) | 347,972.110 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports (NGN mn) | 3,026,626.316 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Europe: ow UK (NGN mn) | 261,128.427 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: Mineral Products (NGN mn) | 24,389,951.388 2022 | yearly | 2003 - 2022 |
| Exports: Vegetable Products (NGN mn) | 316,546.604 2022 | yearly | 2003 - 2022 |
| Imports: Europe: ow Netherlands (NGN mn) | 65,817.881 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Europe: ow Germany (NGN mn) | 28,945.326 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Asia: ow China (NGN mn) | 479,864.758 Jun 2023 | monthly | Jan 2007 - Jun 2023 |
| Imports: America: ow USA (NGN mn) | 92,879.196 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Europe: ow UK (NGN mn) | 22,052.326 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports (NGN mn) | 1,285,540.268 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 103,084.916 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Chemicals and Chemical Products (NGN mn) | 209,078.730 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Manufactured Goods (NGN mn) | 154,179.230 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Food and Live Animals (NGN mn) | 260,951.755 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Machinery and Transport Equipment (NGN mn) | 456,731.551 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 274.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance (USD mn) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 1.8 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment (USD mn) | 752.7 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 0.6 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 337.399 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 0.3 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -2.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 339.714 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt (USD mn) | 43,159.2 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| External Debt: % of GDP (%) | 8.9 2022 | yearly | 1985 - 2022 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | -1.502 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | -77,562.105 2022 | yearly | 2005 - 2022 |
| BoP: CA: Current Transfers (USD mn) | 5,442.967 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Capital Account (USD mn) | 0.000 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Direct Investment (USD mn) | 94.452 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Liabilities: Portfolio Investment (USD mn) | 1,000.946 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Portfolio Investment (USD mn) | -182.419 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Reserves Assets (USD mn) | 1,437.945 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| BoP: CF: Financial Account: Assets: Other Investment (USD mn) | -1,699.632 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods (USD mn) | 2,798.047 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Assets (USD mn) | -1,085.664 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income (USD mn) | -2,264.294 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Debit (USD mn) | -11,787.111 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Credit (USD mn) | 5,452.430 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Debit (USD mn) | -4,428.113 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Debit (USD mn) | -2,775.122 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities: Other Investment (USD mn) | 848.311 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: Net Errors & Omission (USD mn) | -3,201.073 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Current Transfers: Debit (USD mn) | -505.024 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Income: Credit (USD mn) | 510.828 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services (USD mn) | -3,132.845 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Goods: Credit (USD mn) | 14,585.159 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CA: Services: Credit (USD mn) | 1,295.268 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account: Liabilities (USD mn) | 1,938.423 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| BoP: CF: Financial Account (USD mn) | 852.759 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government: International Capital Market (USD mn) | 15,618.350 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| External Debt: Government (USD mn) | 43,159.190 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Capital Inflow: Foreign Direct Investment (USD) | 20,080,525.860 Nov 2022 | monthly | Jan 2007 - Nov 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 32,984.407 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Money Supply M2 (USD mn) | 86,392.467 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| M2 Growth (%) | 34.6 Sep 2023 | monthly | Nov 1993 - Sep 2023 |
| Reserve Requirement Ratio (%) | 32.5 Oct 2023 | monthly | Nov 2005 - Oct 2023 |
| Foreign Exchange Reserves (USD mn) | 34,390.0 May 2023 | monthly | Jan 1960 - May 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 7.433 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 15.9 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Gold Reserves (USD mn) | 1,320.221 Jun 2023 | monthly | Dec 1950 - Jun 2023 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 120,607.0 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Domestic Credit Growth (%) | 46.4 Sep 2023 | monthly | Nov 1993 - Sep 2023 |
| Private Debt: % of Nominal GDP (%) | 12.94 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 19,506,555.340 Sep 2023 | monthly | Jan 1993 - Sep 2023 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 25,357,092.620 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 41,057,980.140 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 66,415,072.760 Sep 2023 | monthly | Nov 1992 - Sep 2023 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Non Performing Loans to Gross Loans (%) | 4.210 Dec 2022 | semiannually | Dec 2003 - Dec 2022 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 7.0 May 2023 | monthly | Jul 2015 - May 2023 |
More Indicators for Nigeria
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National Accounts
GDP: by Expenditure: 2010 Price
GDP: by Expenditure: Current Price
GDP: by Income: 2010 Price: Annual
GDP: by Income: Current Price: Annual
GDP: by Industry: 2010 Price: Annual
GDP: by Industry: Current Price: Annual
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
GDP: by Expenditure: 2010 Price Annual
GDP: by Expenditure: Current Price: Annual
GDP: by Income: Current Price
GDP: by Industry: 2010 Price
GDP: by Industry: Current Price
GDP Deflator
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP