Nigeria

National Accounts Last Frequency Range
Nominal GDP (USD mn) 63,773.0 Jun 2025 quarterly Mar 2010 - Jun 2025
Real GDP Growth (%) 4.2 Jun 2025 quarterly Mar 2011 - Jun 2025
Nominal GDP Growth (%) 19.229 Jun 2025 quarterly Mar 2011 - Jun 2025
GDP per Capita (USD) 2,955.323 2022 yearly 1981 - 2022
GDP Deflator Growth (%) -55.7 Mar 2025 quarterly Mar 2011 - Mar 2025
Private Consumption Expenditure (USD mn) 32,910.143 Dec 2024 quarterly Mar 2010 - Dec 2024
Private Consumption: % of GDP (%) 47.0 2024 yearly 1981 - 2024
Public Consumption Expenditure (USD mn) 3,332.565 Dec 2024 quarterly Mar 2010 - Dec 2024
Public Consumption: % of GDP (%) 4.6 2024 yearly 1981 - 2024
Investment: % of GDP (%) 23.7 2024 yearly 1981 - 2024
Gross Fixed Capital Formation (USD mn) 14,876.726 Dec 2024 quarterly Mar 2010 - Dec 2024
Gross National Product (GNP) (USD mn) 181,127.703 2024 yearly 1960 - 2024
Gross Savings Rate (%) 48.5 2024 yearly 1981 - 2024
Forecast: GDP PPP Per Capita (PPP Intl $) 6,977.346 2028 yearly 1990 - 2028
Forecast: Nominal GDP Per Capita (USD) 3,860.079 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.904 2027 yearly 1991 - 2027
Total Trade of Goods & Services: % of Nominal GDP (%) 43.197 Dec 2024 quarterly Mar 2010 - Dec 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 4.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Minerals Production (Metric Ton) 108,414,478.000 2023 yearly 2009 - 2023
Gold Production (kg) 3,400.000 2023 yearly 1993 - 2023
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Industrial Production Index (2010=100) 95.700 Jun 2024 quarterly Mar 2010 - Jun 2024
Industrial Production Index: Manufacturing (2010=100) 175.700 Jun 2024 quarterly Mar 2010 - Jun 2024
Industrial Production Index: Mining (2010=100) 53.400 Jun 2024 quarterly Mar 2010 - Jun 2024
Capacity Utilization Rate: Manufacturing (%) 60.000 Jun 2024 quarterly Dec 2008 - Jun 2024
Electricity Consumption: Average per Hour (MWh) 4,254.650 Jun 2025 quarterly Mar 2005 - Jun 2025
Electricity Generation: Average per Hour (MWh) 4,916.330 Jun 2025 quarterly Mar 2005 - Jun 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 97,066.2 Jun 2025 quarterly Dec 2006 - Jun 2025
Government Debt: % of GDP (%) 37.5 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (NGN bn) 109,186.865 2030 yearly 1990 - 2030
Forecast: Government Net Debt (NGN bn) 295,803.687 2030 yearly 1990 - 2030
Forecast: Government Revenue (NGN bn) 80,747.215 2030 yearly 1990 - 2030
Gross Federation Account Revenue (NGN bn) 6,865.840 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn) 3,732.590 Sep 2024 quarterly Mar 2005 - Sep 2024
Gross Federation Account Revenue: Oil (NGN bn) 1,304.960 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure: Capital (NGN bn) 1,415.860 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn) 2,282.540 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn) 5,584.150 Sep 2024 quarterly Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn) -3,301.610 Sep 2024 quarterly Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn) 69,219.806 Sep 2024 quarterly Dec 2005 - Sep 2024
Demographic and Labour Market Last Frequency Range
Population (Person mn) 216.8 2022 yearly 1950 - 2022
Labour Force Participation Rate (%) 82.6 2024 yearly 1990 - 2024
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Unemployment Rate (%) 4.30 Jun 2024 quarterly Dec 2022 - Jun 2024
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Forecast: Population (Person mn) 250.830 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Population: Male (Person mn) 101.447 2017 yearly 2006 - 2017
Population: Female (Person mn) 98.234 2017 yearly 2006 - 2017
Labour Force: Economically Active (Person) 69,675,468.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Employment (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Unemployment (Person) 23,187,389.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Male (Person) 39,523,050.000 Dec 2020 quarterly Mar 2014 - Dec 2020
Labour Force: Economically Active: Female (Person) 30,152,418.000 Dec 2020 quarterly Mar 2014 - Dec 2020
NG: Employment Index (2010=100) 112.760 2017 yearly 2010 - 2017
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 2019 yearly 2005 - 2019
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) 16.1 Oct 2025 monthly Jan 1961 - Oct 2025
Core CPI Change (%) 18.687 Oct 2025 monthly Jan 1996 - Oct 2025
CPI: Food and Non Alcoholic Beverage Change (%) 12.259 Oct 2025 monthly Jan 1996 - Oct 2025
Forecast: Consumer Price Index Growth (%) 14.000 2028 yearly 1996 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 2,213.2 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports (USD mn) 4,858.0 Jun 2025 monthly Jan 2003 - Jun 2025
Total Exports Growth (%) 22.6 Jun 2025 monthly Jan 2004 - Jun 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 2.5 Jun 2025 monthly Jan 2004 - Jun 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 264.685 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports from USA (USD mn) 503.329 Jun 2025 monthly Dec 2009 - Jun 2025
Total Exports to China (USD mn) 174.147 Jun 2025 monthly Jan 2007 - Jun 2025
Total Imports from China (USD mn) 1,013.525 Jun 2025 monthly Jan 2007 - Jun 2025
Total Trade (NGN mn) 10,432,090.965 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%) -17.535 Sep 2024 monthly Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%) -17.669 Sep 2024 monthly Jan 2019 - Sep 2024
Imports (NGN mn) 4,384,900.258 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Crude Oil (NGN mn) 3,905,247.850 Sep 2024 monthly Jan 2003 - Sep 2024
Exports (NGN mn) 6,047,190.706 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn) 180,704.134 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: America: ow USA (NGN mn) 201,983.472 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn) 261,930.167 Sep 2024 monthly Jan 2003 - Sep 2024
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 53,170.162 2023 yearly 2003 - 2023
Exports: Vegetable Products (NGN mn) 786,963.687 2023 yearly 2003 - 2023
Exports: Mineral Products (NGN mn) 33,075,147.443 2023 yearly 2003 - 2023
Imports: Europe: ow Germany (NGN mn) 135,143.103 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: America: ow USA (NGN mn) 446,388.165 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow UK (NGN mn) 134,085.602 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Europe: ow Netherlands (NGN mn) 201,091.335 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Asia: ow China (NGN mn) 1,298,198.961 Sep 2024 monthly Jan 2007 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn) 1,432,150.870 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn) 488,494.173 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,024,863.121 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn) 455,343.676 Sep 2024 monthly Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn) 614,100.231 Sep 2024 monthly Jan 2003 - Sep 2024
Export Value Index (2015=100) 93.461 2021 yearly 1980 - 2021
Import Value Index (2015=100) 116.198 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -551.1 Mar 2025 quarterly Mar 2008 - Mar 2025
Current Account Balance (USD mn) 3,726.7 Mar 2025 quarterly Mar 2014 - Mar 2025
Current Account Balance: % of GDP (%) 11.5 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn) 246.9 Mar 2025 quarterly Mar 2014 - Mar 2025
Foreign Direct Investment: % of GDP (%) 0.4 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment (USD mn) -5,026.384 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: % of GDP (%) -8.1 Mar 2025 quarterly Mar 2010 - Mar 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -133.9 Mar 2025 quarterly Mar 2008 - Mar 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -4,892.510 Mar 2025 quarterly Mar 2008 - Mar 2025
External Debt (USD mn) 46,983.4 Jun 2025 quarterly Dec 2006 - Jun 2025
External Debt: % of GDP (%) 18.6 2024 yearly 1985 - 2024
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) 2.643 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -68,555.096 2024 yearly 2005 - 2024
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
External Debt: Government (USD mn) 43,026.550 Sep 2024 quarterly Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn) 15,118.350 Sep 2024 quarterly Mar 2011 - Sep 2024
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) 27,684.996 Oct 2025 monthly Apr 1990 - Oct 2025
Money Supply M2 (USD mn) 83,749.939 Oct 2025 monthly Apr 1990 - Oct 2025
M2 Growth (%) 10.2 Oct 2025 monthly Apr 1991 - Oct 2025
Reserve Requirement Ratio (%) 45.0 Oct 2025 monthly Nov 2005 - Oct 2025
Foreign Exchange Reserves (USD mn) 38,880.0 Jan 2025 monthly Jan 1960 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 16.359 Dec 2024 quarterly Dec 2010 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 10.9 Jan 2025 monthly Jan 2003 - Jan 2025
Gold Reserves (USD mn) 2,152.409 Mar 2025 monthly Dec 1950 - Mar 2025
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) 69,798.2 Oct 2025 monthly Apr 1990 - Oct 2025
Domestic Credit Growth (%) -12.6 Oct 2025 monthly Apr 1991 - Oct 2025
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2 (NGN mn) 110,972,270.500 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Monetary Survey: Liabilities: M2: M1 (NGN mn) 36,894,418.660 Jan 2025 monthly Nov 1992 - Jan 2025
Monetary Survey: Liabilities: Base Money (NGN mn) 32,659,076.490 Jan 2025 monthly Jan 1993 - Jan 2025
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 74,077,851.830 Jan 2025 monthly Nov 1992 - Jan 2025
Non Performing Loans to Gross Loans (%) 4.140 Jun 2023 semiannually Dec 2003 - Jun 2023
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 32.5 Mar 2020 monthly Jun 2001 - Mar 2020
Capital Adequacy Ratio (%) 13.8 2022 yearly 2004 - 2022
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 18.890 Oct 2025 monthly Jan 2006 - Oct 2025
Exchange Rate against USD (USD/NGN) 1,443.350 Nov 2025 monthly Jan 1957 - Nov 2025
Policy Rate (% pa) 27.00 Nov 2025 monthly Jan 2006 - Nov 2025
Short Term Interest Rate (% pa) 24.89 Nov 2025 monthly Jan 2010 - Nov 2025
Real Effective Exchange Rate (2005=100) 96.5 Sep 2025 monthly Dec 1979 - Sep 2025
Energy Last Frequency Range
Electricity Production (GWh) 10,619 Jun 2025 quarterly Mar 2005 - Jun 2025
Natural Gas Production: OPEC: Marketed Production (Cub m mn) 44,322.000 2024 yearly 1960 - 2024
Natural Gas: Exports (Cub m mn) 32,860.000 2024 yearly 1960 - 2024
Crude Oil: Production (Barrel/Day th) 1,506.000 Oct 2025 monthly Jan 2002 - Oct 2025
Crude Oil: Exports (Barrel/Day th) 1,522.297 2024 yearly 1980 - 2024
Tourism Last Frequency Range
Visitor Arrivals (Person) 5,265,000 2016 yearly 1995 - 2016
Visitor Arrivals Growth (%) -12.5 2016 yearly 1996 - 2016
Tourism Revenue (USD mn) 321 2020 yearly 1995 - 2020
Tourism Revenue Growth (%) -78.2 2020 yearly 1996 - 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 8.6 Nov 2025 monthly Jul 2015 - Nov 2025
Financial Market Last Frequency Range
Equity Market Index (03Jan1984=100) 143,520.5 Nov 2025 monthly Jan 1985 - Nov 2025
Market Capitalization: % of GDP (%) 17.2 2024 yearly 1985 - 2024
Market Capitalization (USD mn) 63,119.673 Nov 2025 monthly Jan 1985 - Nov 2025
P/E ratio (NA) 107.985 2021 yearly 2014 - 2021
Market Capitalization: Nigeria Stock Exchange (NGN tn) 106.030 Nov 2024 monthly Jun 2008 - Nov 2024
Shares Trading: Nigeria Stock Exchange: Value (NGN bn) 221.180 Nov 2024 monthly Jan 2008 - Nov 2024
Shares Trading: Nigeria Stock Exchange: Volume (Unit bn) 13.980 Nov 2024 monthly Jan 2008 - Nov 2024
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 11,605.207 2020 yearly 2005 - 2020
Container Port Throughput (TEU) 1,466,109.000 2023 yearly 2008 - 2023
Liner Shipping Connectivity Index (2004=100) 18.960 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 111,971.000 2023 yearly 1960 - 2023
Number of Subscriber Mobile (Person) 224,413,000.000 2023 yearly 1960 - 2023
Teledensity: Fixed Line (Number) 0.049 2023 yearly 1960 - 2023
Teledensity: Mobile (Number) 98.477 2023 yearly 1960 - 2023
Exports: ICT Goods (USD th) 2,209.910 2023 yearly 2000 - 2023
Exports: Telecommunication Equipment (USD th) 12,818.371 2024 yearly 1995 - 2024
Exports: Television (USD th) 720.231 2024 yearly 1995 - 2024
Imports: ICT Goods (USD th) 1,542,668.624 2023 yearly 2000 - 2023
Imports: Telecommunication Equipment (USD th) 924,718.168 2024 yearly 1995 - 2024
Imports: Television (USD th) 152,357.785 2024 yearly 1995 - 2024

More Indicators for Nigeria

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data