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Nigeria

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National Accounts Last Previous Min Max Unit Frequency Range
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 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
GDP Deflator Growth

17.7

Mar 2017

14.5

Dec 2016

0.3

Mar 2015

17.7

Mar 2017

%

quarterly

Mar 2011 - Mar 2017

Updated on May 2017
Private Consumption: % of GDP

78.6

2015

71.7

2014

23.4

1982

89.0

1960

%

yearly

1950 - 2015

Updated on 2017
Nominal GDP Growth

17.06

Mar 2017

12.49

Dec 2016

3.01

Jun 2016

17.86

Jun 2012

%

quarterly

Mar 2011 - Mar 2017

Updated on May 2017
Forecast: Real GDP Growth

1.81

2022

1.81

2021

-1.54

2016

14.60

2002

%

yearly

1991 - 2022

Updated on 2017
Real GDP Growth

-0.5

Mar 2017

-1.7

Dec 2016

-2.3

Sep 2016

6.9

Mar 2011

%

quarterly

Mar 2011 - Mar 2017

Updated on May 2017
Public Consumption: % of GDP

5.9

2015

6.5

2014

2.1

1991

13.9

1978

%

yearly

1950 - 2015

Updated on 2017
Nominal GDP

85,300.0

Mar 2017

95,728.5

Dec 2016

85,041.6

Mar 2010

151,076.2

Dec 2014

USD mn

quarterly

Mar 2010 - Mar 2017

Updated on May 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
Gross Savings Rate

15.5

2015

21.8

2014

15.5

2015

33.4

2012

%

yearly

2010 - 2015

Updated on 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: 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
Investment: % of GDP

15.5

2015

15.8

2014

5.5

2005

34.0

1981

%

yearly

1981 - 2015

Updated on 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
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
Production Last Previous Min Max Unit Frequency Range
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
Gold Production

4,200.00

2014

4,200.00

2013

1.00

1993

4,200.00

2014

kg

yearly

1993 - 2014

Updated on 2016
Crude Steel Production

100.00

2015

100.00

2014

0.00

2003

321.00

1985

Tonne th

yearly

1973 - 2015

Updated on 2016
Industrial Production Index Growth

-8.7

Dec 2016

-3.6

Sep 2016

-8.7

Dec 2016

20.1

Mar 2011

%

quarterly

Mar 2011 - Dec 2016

Updated on Apr 2017
Government and Public Finance Last Previous Min Max Unit Frequency Range
National Government Debt

53,040.0

Mar 2017

47,697.7

Dec 2016

17,402.6

Dec 2006

62,232.5

Jun 2016

USD mn

quarterly

Dec 2006 - Mar 2017

Updated on Jun 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
Government Debt: % of GDP

14.3

2016

11.6

2015

7.3

2008

79.4

1992

%

yearly

1981 - 2016

Updated on 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
Consolidated Fiscal Balance: % of GDP

-2.7

2016

-1.6

2015

-2.7

2016

-0.0

2006

%

yearly

2005 - 2016

Updated on 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
Demographic and Labour Market Last Previous Min Max Unit Frequency Range
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
Forecast: Population

216.10

2022

210.31

2021

68.45

1980

216.10

2022

Person mn

yearly

1980 - 2022

Updated on 2017
Population

186.0

2016

181.2

2015

37.9

1950

186.0

2016

Person mn

yearly

1950 - 2016

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
Forecast: Unemployment Rate

12.70

2016

9.00

2015

5.09

2010

12.70

2016

%

yearly

2010 - 2016

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
Domestic Trade and Household Survey Last Previous Min Max Unit Frequency Range
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
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
Motor Vehicles Sales Growth

15.0

2016

-62.9

2015

-68.4

2007

325.0

2009

%

yearly

2006 - 2016

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
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
Motor Vehicles Sales

23,000

2016

20,000

2015

12,000

2008

53,900

2014

Unit

yearly

2005 - 2016

Updated on 2017
Inflation Last Previous Min Max Unit Frequency Range
CPI: Food and Non Alcoholic Beverage Change

19.15

May 2017

19.18

Apr 2017

-3.60

Jul 2006

38.04

Aug 2005

%

monthly

Jan 2004 - May 2017

Updated on Jun 2017
Forecast: Consumer Price Index Growth

14.50

2022

14.73

2021

5.40

2007

29.29

1996

%

yearly

1996 - 2022

Updated on 2017
Consumer Price Index CPI Growth

16.1

Jun 2017

16.3

May 2017

-7.8

Oct 1967

89.6

Jun 1995

%

monthly

Jan 1961 - Jun 2017

Updated on Jul 2017
Core CPI Change

12.20

May 2017

13.74

Apr 2017

-6.50

Dec 2007

27.80

Nov 2003

%

monthly

Jan 2003 - May 2017

Updated on Jun 2017
Foreign Trade Last Previous Min Max Unit Frequency Range
Total Imports Growth

-14.5

Apr 2017

15.6

Mar 2017

-66.4

Feb 1986

114.8

Jan 2011

%

monthly

Jan 1982 - Apr 2017

Updated on Jul 2017
Exports: Medicament

257.46

2016

112.08

2015

0.03

2002

342.07

2013

USD th

yearly

1995 - 2016

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
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
Total Imports

2,491.4

Apr 2017

2,797.2

Mar 2017

230.8

Feb 1986

6,411.1

Apr 2011

USD mn

monthly

Jan 1981 - Apr 2017

Updated on Jul 2017
Trade Balance

463.4

Mar 2017

731.9

Feb 2017

-3,934.8

Mar 2011

14,402.0

Oct 2011

USD mn

monthly

Jan 2003 - Mar 2017

Updated on Jun 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
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
Total Exports

4,048.3

Apr 2017

4,166.3

Mar 2017

322.9

Oct 1986

11,632.4

Aug 2011

USD mn

monthly

Jan 1981 - Apr 2017

Updated on Jul 2017
Total Exports Growth

15.1

Apr 2017

33.1

Mar 2017

-74.9

Oct 1986

208.0

Feb 2000

%

monthly

Jan 1982 - Apr 2017

Updated on Jul 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
Balance of Payments Last Previous Min Max Unit Frequency Range
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
External Debt

13,807.6

Mar 2017

11,406.3

Dec 2016

3,287.7

Mar 2007

13,807.6

Mar 2017

USD mn

quarterly

Dec 2006 - Mar 2017

Updated on Jun 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
External Debt: % of GDP

2.8

2016

2.2

2015

1.1

2008

56.1

1991

%

yearly

1985 - 2016

Updated on 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
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
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
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
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
Monetary Last Previous Min Max Unit Frequency Range
Non Performing Loans Ratio

4.9

2015

2.9

2014

2.9

2014

27.6

2009

%

yearly

2003 - 2015

Updated on 2017
Money Supply M1

33,388.96

May 2017

31,932.64

Apr 2017

3,314.92

Mar 1993

47,795.76

May 2016

USD mn

monthly

Nov 1992 - May 2017

Updated on Jun 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
Domestic Credit

87,722.7

May 2017

89,838.3

Apr 2017

2,164.6

Mar 2007

120,248.2

Jan 2015

USD mn

monthly

Nov 1992 - May 2017

Updated on Jun 2017
Foreign Exchange Reserves: Months of Import

10.4

Mar 2017

13.3

Feb 2017

0.2

Dec 1983

37.7

Apr 1989

NA

monthly

Jan 1981 - Mar 2017

Updated on Jul 2017
Domestic Credit Growth

17.1

May 2017

17.8

Apr 2017

-88.6

Mar 2007

1,165.5

Mar 2008

%

monthly

Nov 1993 - May 2017

Updated on Jun 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
Foreign Exchange Reserves

30,288.4

Jun 2017

30,329.6

May 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Jun 2017

Updated on Jul 2017
Reserve Requirement Ratio

22.5

Jul 2017

22.5

Jun 2017

1.0

Jan 2011

31.0

Aug 2015

%

monthly

Nov 2005 - Jul 2017

Updated on Jul 2017
Money Supply M2

72,041.31

May 2017

71,050.47

Apr 2017

5,894.68

Mar 1993

113,283.59

Jan 2015

USD mn

monthly

Nov 1992 - May 2017

Updated on Jun 2017
Foreign Exchange Reserves: % of GDP

7.86

Mar 2017

6.59

Dec 2016

5.29

Mar 2015

10.11

Mar 2013

%

quarterly

Dec 2010 - Mar 2017

Updated on May 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 Jun 2017
Banking Statistics Last Previous Min Max Unit Frequency Range
Capital Adequacy Ratio

17.7

2015

15.9

2014

1.8

2010

22.6

2006

%

yearly

2004 - 2015

Updated on 2017
Liquid Assets Ratio

21.4

May 2017

23.5

Feb 2017

12.6

Mar 2010

40.8

Aug 2002

%

monthly

Jun 2001 - May 2017

Updated on Jul 2017
Interest and Foreign Exchange Rates Last Previous Min Max Unit Frequency Range
Exchange Rate against USD

305.362

Jul 2017

305.212

Jun 2017

0.530

Nov 1980

309.230

Aug 2016

NGN/USD

monthly

Jan 1957 - Jul 2017

Updated on Jul 2017
Real Effective Exchange Rate

122.3

Jun 2017

121.8

May 2017

51.7

Mar 1992

718.3

Sep 1984

2005=100

monthly

Dec 1979 - Jun 2017

Updated on Jul 2017
Short Term Interest Rate

20.95

Jul 2017

21.61

Jun 2017

6.82

Aug 2010

22.95

Mar 2012

% pa

monthly

Jan 2010 - Jul 2017

Updated on Aug 2017
Bank Lending Rate

17.59

Jun 2017

17.58

May 2017

14.58

Nov 2008

19.66

Nov 2009

% pa

monthly

Jan 2006 - Jun 2017

Updated on Jul 2017
Policy Rate

14.00

Jul 2017

14.00

Jun 2017

6.00

Aug 2010

14.00

Jul 2017

% pa

monthly

Dec 2006 - Jul 2017

Updated on Jul 2017
Energy Last Previous Min Max Unit Frequency Range
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
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
Crude Oil: Production

1,733.00

Jun 2017

1,637.00

May 2017

1,419.00

Aug 2016

2,496.00

Nov 2005

Barrel/Day th

monthly

Jan 2002 - Jun 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
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
Tourism Last Previous Min Max Unit Frequency Range
Visitor Arrivals Growth

23.5

2013

-32.0

2012

-54.0

2011

25.3

1996

%

yearly

1996 - 2013

Updated on 2016
Tourism Revenue Growth

-21.8

2015

-2.4

2014

-77.3

2003

184.6

2008

%

yearly

1996 - 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
Tourism Revenue

470

2015

601

2014

47

1995

959

2008

USD mn

yearly

1995 - 2015

Updated on 2017
Business and Economic Survey Last Previous Min Max Unit Frequency Range
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
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
Financial Market Last Previous Min Max Unit Frequency Range
Market Capitalization: % of GDP

9.1

2016

10.5

2015

2.9

1985

30.9

2007

%

yearly

1985 - 2016

Updated on 2017
Equity Market Index

35,844.0

Jul 2017

33,117.5

Jun 2017

111.3

Jan 1985

65,652.4

Feb 2008

03Jan1984=100

monthly

Jan 1985 - Jul 2017

Updated on Jul 2017
Transport and Telecommunications Last Previous Min Max Unit Frequency Range
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
Teledensity: Fixed Line

0.10

2015

0.10

2014

0.05

1960

1.18

2006

Number

yearly

1960 - 2015

Updated on 2016
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
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
Teledensity: Mobile

82.19

2015

77.84

2014

0.00

1992

82.19

2015

Number

yearly

1960 - 2015

Updated on 2016
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: Television

198.76

2016

238.66

2015

56.34

2000

2,556.54

2011

USD th

yearly

1995 - 2016

Updated on 2017
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
Number of Subscriber Mobile

150,830,089.00

2015

138,960,320.00

2014

0.00

1992

150,830,089.00

2015

Person

yearly

1960 - 2015

Updated on 2016
Liner Shipping Connectivity Index

21.93

2016

32.68

2015

12.79

2005

32.68

2015

2004=100

yearly

2004 - 2016

Updated on 2016
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
Number of Subscriber Fixed Line

187,155.00

2015

183,290.00

2014

20,544.00

1960

1,687,972.00

2006

Unit

yearly

1960 - 2015

Updated on 2016
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