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Nigeria Trade Balance

2003 - 2017 | monthly | USD mn | CEIC Generated

Nigeria's Trade Balance recorded a surplus of 492.5 USD mn in Jun 2017, compared with a surplus of 798.4 USD mn in the previous month. Nigeria's Trade Balance data is updated monthly, available from Jan 2003 to Jun 2017, with an averaged value of 2.4 USD bn. The data reached an all-time high of 14.4 USD bn in Oct 2011 and a record low of -3.9 USD bn in Mar 2011. CEIC converts monthly Trade Balance into USD. The National Bureau of Statistics of the Federal Republic of Nigeria provides Trade Balance in local currency. The Central Bank of Nigeria average market exchange rate is used for currency conversions.

In the latest reports, Nigeria's Total Exports reached 3.5 USD bn in May 2017, an increase of 14.7 % year on year. Total Imports recorded 3.2 USD bn in May 2017, an increase of 9.2 % year on year.

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What was Nigeria's Trade Balance in Jun 2017?

Last Previous Min Max Unit Frequency Range

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

View Nigeria's Trade Balance from Jan 2003 to Jun 2017 in the chart:

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More Countries for Trade Balance

Country Last Previous Min Max Unit Frequency Range
United States

-63,858.0

Jul 2017

-63,940.0

Jun 2017

-76,025.0

Jul 2008

-3,668.5

Feb 1992

USD mn

monthly

Jan 1986 - Jul 2017

Updated on Sep 2017
Canada

-2,395.9

Jul 2017

-2,831.2

Jun 2017

-3,247.4

Sep 2016

6,351.1

Oct 2005

USD mn

monthly

Jan 1988 - Jul 2017

Updated on Sep 2017
France

-6,881.1

Jul 2017

-5,484.0

Jun 2017

-10,324.4

Apr 2011

1,636.9

Dec 2003

USD mn

monthly

Jan 2000 - Jul 2017

Updated on Sep 2017
Germany

22,529.6

Jul 2017

23,814.0

Jun 2017

-443.5

May 1991

28,053.9

Jul 2014

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Italy

3,587.0

Jul 2017

4,411.2

Jun 2017

-5,812.7

Mar 2011

6,077.0

Dec 2014

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Sep 2017
Japan

3,344.5

Aug 2017

3,229.6

Jul 2017

-17,572.6

Mar 2014

11,294.8

Feb 2004

USD mn

monthly

Apr 1995 - Aug 2017

Updated on Sep 2017
United Kingdom

-12,004.2

Jul 2017

-17,258.9

Jun 2017

-27,022.9

Sep 2012

3,491.1

May 2013

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Austria

-48.7

Jun 2017

-209.2

May 2017

-1,799.4

Aug 2011

724.8

Nov 2014

USD mn

monthly

Jan 1957 - Jun 2017

Updated on Sep 2017
Belgium

-362.3

Jul 2017

389.4

Jun 2017

-3,279.1

Aug 2011

1,685.6

Jul 1997

USD mn

monthly

Jan 1995 - Jul 2017

Updated on Sep 2017
Bulgaria

-53.4

Jul 2017

-161.0

Jun 2017

-1,613.2

Jun 2008

179.5

Jan 1997

USD mn

monthly

Jan 1995 - Jul 2017

Updated on Sep 2017
Cyprus

-298.1

Jul 2017

-291.4

Jun 2017

-1,059.9

Jul 2008

0.2

Jun 1968

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Czech Republic

903.8

Jul 2017

1,886.7

Jun 2017

-755.7

Dec 2003

2,407.4

Mar 2014

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Sep 2017
Denmark

808.8

Jul 2017

795.2

Jun 2017

-110.9

Feb 2007

1,878.6

Jan 2011

USD mn

monthly

Jan 1997 - Jul 2017

Updated on Sep 2017
Estonia

-226.7

Jul 2017

-135.3

Jun 2017

-475.6

Apr 2007

22.6

Feb 2010

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Sep 2017
Finland

-345.9

Jul 2017

-78.6

Jun 2017

-1,043.0

Dec 2012

1,864.5

Oct 2009

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Greece

-1,745.4

Jul 2017

-1,682.6

Jun 2017

-6,708.0

Jun 2008

-6.3

Dec 1961

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Hungary

1,121.0

Jun 2017

924.3

May 2017

-1,192.5

Apr 2004

1,293.0

Jun 2016

USD mn

monthly

Jan 1968 - Jun 2017

Updated on Sep 2017
Iceland

-90.5

Aug 2017

-218.3

Jul 2017

-372.6

Dec 2006

194.1

Dec 2008

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Ireland

4,850.0

Jul 2017

3,647.9

Jun 2017

-360.9

Jun 1979

5,708.1

Aug 2012

USD mn

monthly

Jan 1970 - Jul 2017

Updated on Sep 2017
Latvia

-371.2

Jul 2017

-348.4

Jun 2017

-763.2

Jul 2007

29.4

Feb 1993

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Sep 2017
Lithuania

-261.5

Jul 2017

-181.5

Jun 2017

-776.0

Jan 2008

-4.8

Nov 2012

USD mn

monthly

Jan 1999 - Jul 2017

Updated on Sep 2017
Argentina

-914.0

Jul 2017

-651.0

Jun 2017

-1,123.0

Feb 2014

2,129.0

Jan 2008

USD mn

monthly

Jan 1991 - Jul 2017

Updated on Aug 2017
Luxembourg

-564.9

Jun 2017

-598.9

May 2017

-1,400.7

Oct 2011

-31.8

May 1989

USD mn

monthly

Jan 1988 - Jun 2017

Updated on Aug 2017
Malta

-313.7

Jul 2017

-218.5

Jun 2017

-627.9

Feb 2016

-3.5

Sep 1986

USD mn

monthly

Jan 1960 - Jul 2017

Updated on Sep 2017
Bolivia

-5.0

Jul 2017

-88.1

Jun 2017

-364.3

Dec 2015

530.5

Sep 2012

USD mn

monthly

Oct 1994 - Jul 2017

Updated on Sep 2017
Netherlands

7,452.7

Jun 2017

4,876.6

May 2017

-1,046.8

Jul 1982

7,452.7

Jun 2017

USD mn

monthly

Jan 1957 - Jun 2017

Updated on Sep 2017
Norway

1,575.5

Aug 2017

1,686.3

Jul 2017

-793.3

Apr 1986

8,373.2

May 2008

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Brazil

5,598.5

Aug 2017

6,295.1

Jul 2017

-4,066.7

Jan 2014

7,660.9

May 2017

USD mn

monthly

Jan 1959 - Aug 2017

Updated on Sep 2017
Poland

-552.9

Jul 2017

-130.5

Jun 2017

-4,316.5

Jul 2010

1,047.4

Jun 2016

USD mn

monthly

Jan 1986 - Jul 2017

Updated on Sep 2017
Chile

597.2

Aug 2017

230.7

Jul 2017

-1,384.7

Oct 2008

2,968.7

Apr 2007

USD mn

monthly

Jan 1964 - Aug 2017

Updated on Sep 2017
Portugal

-1,218.5

Jul 2017

-1,135.5

Jun 2017

-3,507.9

Apr 2008

4.5

Jan 1974

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Colombia

-685.2

Jul 2017

-1,001.4

Jun 2017

-1,968.1

Jan 2015

808.6

Dec 2011

USD mn

monthly

Jan 1958 - Jul 2017

Updated on Sep 2017
Romania

-1,137.8

Jul 2017

-1,539.4

Jun 2017

-3,645.9

Sep 2008

53.3

Jul 1994

USD mn

monthly

Aug 1990 - Jul 2017

Updated on Sep 2017
Slovakia

156.0

Jul 2017

412.0

Jun 2017

-815.7

Dec 2005

790.9

May 2013

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Sep 2017
Slovenia

132.7

Jul 2017

182.6

Jun 2017

-501.8

May 2008

182.6

Jun 2017

USD mn

monthly

Jun 1991 - Jul 2017

Updated on Sep 2017
Ecuador

33.6

Jul 2017

-175.4

Jun 2017

-608.6

Dec 2014

707.7

May 2008

USD mn

monthly

Jan 1965 - Jul 2017

Updated on Sep 2017
Mexico

-691.0

Jul 2017

-488.1

Jun 2017

-2,912.1

Nov 2008

1,240.6

Dec 2013

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Aug 2017
Spain

-1,664.5

Jun 2017

-2,009.5

May 2017

-15,354.7

Mar 2008

-202.0

Mar 2013

USD mn

monthly

Jan 1985 - Jun 2017

Updated on Aug 2017
Panama

-968.1

Jul 2017

-1,005.7

Jun 2017

-1,274.3

Oct 2014

-1.0

Apr 1988

USD mn

monthly

Jan 1964 - Jul 2017

Updated on Sep 2017
Sweden

-60.1

Jul 2017

622.3

Jun 2017

-1,192.5

Aug 2016

2,791.0

Mar 2006

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Paraguay

-316.3

Aug 2017

-1.8

Jul 2017

-463.0

Dec 2014

198.3

Apr 2014

USD mn

monthly

Jan 1994 - Aug 2017

Updated on Sep 2017
Switzerland

-1,058.7

Aug 2017

2,526.1

Jul 2017

-1,774.2

Feb 2001

9,514.6

Apr 2013

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Peru

212.7

Jul 2017

748.4

Jun 2017

-676.3

Jan 2014

1,290.2

Dec 2011

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Uruguay

157.0

Jul 2017

169.2

Jun 2017

-485.1

Jan 2014

173.1

Jun 2013

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Aug 2017
Venezuela

-3,437.1

Oct 2014

-4,228.3

Sep 2014

-5,319.9

Nov 2012

-60.7

Apr 2003

USD mn

monthly

Jan 1994 - Oct 2014

Updated on Sep 2016
Algeria

-465.0

May 2017

-1,696.0

Feb 2017

-2,141.0

Dec 2014

7,336.0

Aug 2008

USD mn

monthly

Jan 2000 - May 2017

Updated on Aug 2017
Australia

359.1

Jul 2017

671.5

Jun 2017

-3,594.7

Feb 2008

3,347.6

Dec 2016

USD mn

monthly

Jul 1971 - Jul 2017

Updated on Sep 2017
Bangladesh

-953.1

Jun 2017

-1,234.5

May 2017

-1,538.9

Jan 2012

14.6

Mar 1987

USD mn

monthly

Jul 1986 - Jun 2017

Updated on Aug 2017
Brunei

145.8

Jun 2017

305.0

May 2017

25.0

Jul 2015

991.7

Feb 2012

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Sep 2017
Cambodia

-773.4

May 2017

-408.1

Apr 2017

-773.4

May 2017

227.3

Jun 2010

USD mn

monthly

Jan 1981 - May 2017

Updated on Aug 2017
Bahrain

-803.7

2016

830.9

2015

-803.7

2016

7,544.4

2011

USD mn

yearly

1948 - 2016

Updated on 2017
China

41,919.3

Aug 2017

46,724.9

Jul 2017

-31,483.3

Feb 2012

63,286.8

Jan 2016

USD mn

monthly

Jan 1981 - Aug 2017

Updated on Sep 2017
Botswana

109.2

May 2017

-130.1

Apr 2017

-865.0

Jul 2012

370.5

May 2016

USD mn

monthly

Jan 2001 - May 2017

Updated on Sep 2017
Hong Kong

-3,790.6

Jul 2017

-6,190.8

Jun 2017

-7,641.5

Dec 2014

931.9

Jan 2009

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Aug 2017
India

-11,644.0

Aug 2017

-11,449.8

Jul 2017

-20,210.9

Oct 2012

258.9

Mar 1977

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Israel

-1,844.2

Aug 2017

-2,084.6

Jul 2017

-2,334.0

Oct 2012

113.8

May 2009

USD mn

monthly

Jan 1959 - Aug 2017

Updated on Sep 2017
Indonesia

1,722.6

Aug 2017

-274.4

Jul 2017

-2,329.1

Jul 2013

3,683.2

Dec 2010

USD mn

monthly

Jan 1960 - Aug 2017

Updated on Sep 2017
Jordan

-1,155.9

Jul 2017

-917.9

Jun 2017

-1,461.2

Apr 2014

-1.0

Sep 1970

USD mn

monthly

Jan 1962 - Jul 2017

Updated on Sep 2017
South Korea

6,595.6

Aug 2017

10,287.6

Jul 2017

-4,043.5

Jan 2008

12,864.4

Apr 2017

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Malawi

-89.8

Aug 2016

-76.8

Mar 2016

-212.7

Jun 2014

61.4

Sep 1996

USD mn

monthly

Jan 1964 - Aug 2016

Updated on Aug 2017
Malaysia

3,204.1

Jul 2017

2,825.4

Jun 2017

-680.5

Feb 1997

4,845.8

May 2008

USD mn

monthly

Jan 1990 - Jul 2017

Updated on Sep 2017
Laos

-152.5

Mar 2017

-377.5

Dec 2016

-734.7

Mar 2015

31.7

Dec 2011

USD mn

quarterly

Dec 1992 - Mar 2017

Updated on Aug 2017
Macau

-625.8

Jul 2017

-647.6

Jun 2017

-1,002.7

Dec 2014

79.0

Jul 2000

USD mn

monthly

Jan 1998 - Jul 2017

Updated on Aug 2017
Nepal

-688.1

Aug 2017

-862.9

Jul 2017

-871.8

Apr 2017

1.7

Aug 1975

USD mn

monthly

Aug 1974 - Aug 2017

Updated on Sep 2017
New Zealand

62.4

Jul 2017

178.0

Jun 2017

-1,105.4

Sep 2014

913.8

Apr 2011

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Aug 2017
Pakistan

-3,086.6

Aug 2017

-3,203.9

Jul 2017

-3,464.9

May 2017

110.6

Jun 1991

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Philippines

-1,646.2

Jul 2017

-1,992.0

Jun 2017

-2,736.8

May 2017

1,145.0

Sep 1999

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Singapore

4,302.1

Aug 2017

3,877.7

Jul 2017

-1,262.0

Oct 1993

6,160.4

Mar 2015

USD mn

monthly

Jan 1976 - Aug 2017

Updated on Sep 2017
Sri Lanka

-575.3

Jul 2017

-553.6

Jun 2017

-1,100.6

Nov 2011

110.1

Aug 2002

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Taiwan

5,013.3

Aug 2017

5,654.2

Jul 2017

-272.1

Mar 2008

6,527.7

Feb 2015

USD mn

monthly

Jan 2008 - Aug 2017

Updated on Sep 2017
Thailand

2,090.2

Aug 2017

-187.5

Jul 2017

-5,916.2

Jan 2013

4,974.1

Feb 2016

USD mn

monthly

Jan 1957 - Aug 2017

Updated on Sep 2017
Vietnam

1,585.9

Aug 2017

265.5

Jul 2017

-2,850.0

May 2008

1,950.0

Sep 2003

USD mn

monthly

Jan 1996 - Aug 2017

Updated on Sep 2017
Albania

-275.5

Aug 2017

-260.4

Jul 2017

-397.3

Dec 2008

-38.6

Feb 1999

USD mn

monthly

Oct 1998 - Aug 2017

Updated on Sep 2017
Armenia

-137.6

Aug 2017

-149.3

Jul 2017

-391.5

Dec 2008

-21.9

Dec 2001

USD mn

monthly

Nov 1995 - Aug 2017

Updated on Sep 2017
Azerbaijan

139.5

Aug 2017

-74.6

Jul 2017

-473.6

Jan 2005

16,372.3

Jul 2008

USD mn

monthly

Jan 2000 - Aug 2017

Updated on Sep 2017
Belarus

72.6

Jul 2017

185.3

Jun 2017

-1,264.7

Nov 2010

688.5

Mar 2012

USD mn

monthly

Jan 2000 - Jul 2017

Updated on Sep 2017
Croatia

-763.2

Jun 2017

-859.0

May 2017

-1,820.8

Apr 2008

150.0

May 1992

USD mn

monthly

Jan 1990 - Jun 2017

Updated on Sep 2017
Georgia

-463.6

Aug 2017

-430.5

Jul 2017

-630.8

Dec 2014

-6.3

Apr 1995

USD mn

monthly

Jan 1995 - Aug 2017

Updated on Sep 2017
Kazakhstan

1,362.5

Jul 2017

1,539.6

Jun 2017

-212.7

Nov 1998

5,885.5

Aug 2011

USD mn

monthly

Sep 1995 - Jul 2017

Updated on Sep 2017
Kyrgyzstan

-214.9

Jun 2017

-255.1

May 2017

-458.1

Dec 2014

11.7

Nov 2003

USD mn

monthly

Jan 2002 - Jun 2017

Updated on Sep 2017
Macedonia

-168.4

Jul 2017

-132.9

Jun 2017

-310.0

Oct 2007

26.2

Jul 1993

USD mn

monthly

Jan 1993 - Jul 2017

Updated on Sep 2017
Moldova

-205.2

Jul 2017

-217.7

Jun 2017

-350.2

Dec 2013

-23.2

Jan 2004

USD mn

monthly

Jan 2004 - Jul 2017

Updated on Sep 2017
Mongolia

164.5

Aug 2017

8.5

Jul 2017

-369.7

Jul 2012

361.6

Dec 2016

USD mn

monthly

Jan 1999 - Aug 2017

Updated on Sep 2017
Mauritius

-227.5

Jul 2017

-211.7

Jun 2017

-329.9

Nov 2012

-83.6

Feb 2007

USD mn

monthly

Jan 2006 - Jul 2017

Updated on Sep 2017
Montenegro

-214.0

Jul 2017

-212.1

Jun 2017

-350.5

Jul 2008

-12.6

Feb 2005

USD mn

monthly

Jan 2005 - Jul 2017

Updated on Aug 2017
Russia

5,125.2

Jul 2017

9,951.9

Jun 2017

1,164.8

Feb 1998

21,938.7

Dec 2011

USD mn

monthly

Jan 1998 - Jul 2017

Updated on Sep 2017
Serbia

-403.3

Jul 2017

-397.5

Jun 2017

-1,232.0

Dec 2004

-161.0

Aug 2001

USD mn

monthly

Jan 2001 - Jul 2017

Updated on Aug 2017
Tajikistan

-171.2

Jul 2017

-165.9

Jun 2017

-477.0

May 2014

47.2

May 2000

USD mn

monthly

Jan 2000 - Jul 2017

Updated on Aug 2017
Turkey

-7,673.6

Jul 2017

-6,424.3

Jun 2017

-10,134.6

Sep 2011

-453.8

May 2001

USD mn

monthly

Jan 1997 - Jul 2017

Updated on Aug 2017
Ukraine

-826.6

Jul 2017

-551.6

Jun 2017

-2,364.9

Apr 2008

688.0

Apr 2004

USD mn

monthly

Jan 1998 - Jul 2017

Updated on Sep 2017
Morocco

-1,795.7

Jul 2017

-1,598.2

Jun 2017

-2,655.4

May 2012

15.2

Dec 1964

USD mn

monthly

Jan 1957 - Jul 2017

Updated on Sep 2017
Nigeria

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
Oman

97.3

Mar 2017

885.0

Feb 2017

-64.8

Dec 2015

2,533.9

Sep 2014

USD mn

monthly

Jan 1975 - Mar 2017

Updated on Sep 2017
Qatar

9,119.0

Jun 2017

8,777.2

Mar 2017

-211.5

Sep 1998

29,536.3

Mar 2013

USD mn

quarterly

Mar 1998 - Jun 2017

Updated on Sep 2017
Saudi Arabia

43,409.9

2016

28,874.7

2015

308.7

1957

233,112.2

2011

USD mn

yearly

1957 - 2016

Updated on 2017
South Africa

683.3

Jul 2017

818.8

Jun 2017

-2,207.1

Oct 2007

2,192.5

Dec 2010

USD mn

monthly

Oct 2004 - Jul 2017

Updated on Aug 2017
Sudan

-157.9

Jun 2017

-233.0

May 2017

-987.6

Dec 2012

704.2

May 2011

USD mn

monthly

Jan 2003 - Jun 2017

Updated on Aug 2017
Syria

-5,346.1

2016

-5,973.0

2015

-7,420.1

2014

3,257.9

1997

USD mn

yearly

1950 - 2016

Updated on 2017
Tunisia

-585.9

Aug 2017

-442.4

Jul 2017

-997.5

Aug 2014

196.0

Sep 2015

USD mn

monthly

Jan 1959 - Aug 2017

Updated on Sep 2017
Yemen

-561.5

May 2017

-604.7

Apr 2017

-1,273.2

May 2014

429.7

Jan 2006

USD mn

monthly

Jun 1990 - May 2017

Updated on Aug 2017
United Arab Emirates

-13,013.2

Dec 2016

-12,656.9

Nov 2016

-14,074.2

Nov 2014

-7,439.0

Sep 2009

USD mn

monthly

Jan 2009 - Dec 2016

Updated on Jun 2017
Egypt

-2,326.0

May 2017

-2,052.0

Apr 2017

-5,056.1

Aug 2014

180.9

Sep 1980

USD mn

monthly

Jan 1957 - May 2017

Updated on Aug 2017
Ivory Coast

425.8

May 2017

380.0

Apr 2017

-456.6

Dec 2014

992.9

Jan 2015

USD mn

monthly

Jan 1981 - May 2017

Updated on Aug 2017
European Union

5,059.9

Jul 2017

3,775.0

Jun 2017

-48,877.5

Jul 2008

17,291.7

May 2013

USD mn

monthly

Jan 2002 - Jul 2017

Updated on Sep 2017
Kenya

-1,084.5

Jul 2017

-883.5

Jun 2017

-1,344.8

Sep 2014

74.5

Oct 1992

USD mn

monthly

Oct 1992 - Jul 2017

Updated on Sep 2017
Iran

20,500.0

2015

35,231.0

2014

-10,746.2

1981

68,692.0

2011

USD mn

yearly

1948 - 2015

Updated on 2017
Kosovo

-273.2

Jul 2017

-244.3

Jun 2017

-302.7

Sep 2012

-49.9

Jan 2003

USD mn

monthly

Jan 2003 - Jul 2017

Updated on Sep 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
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

31,825.7

Aug 2017

30,899.0

Jul 2017

63.2

Jun 1968

62,081.9

Sep 2008

USD mn

monthly

Jan 1960 - Aug 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
Real Effective Exchange Rate

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
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