Nigeria | Economic Indicators


Overview Last Reference
GDP Growth Rate -12.92 % Mar/17
Unemployment Rate 13.9 % Sep/16
Inflation Rate 17.24 % Apr/17
Interest Rate 14 % May/17
Balance of Trade 227044 NGN Millions Dec/16
Government Debt to GDP 11.5 % Dec/15
Markets Last Reference
Currency 321 May/17
Stock Market 29065 points May/17
Government Bond 10y 16.16 % May/17
GDP Last Reference
GDP Growth Rate -12.92 % Mar/17
GDP Annual Growth Rate -0.52 % Mar/17
GDP 487 USD Billion Dec/15
GDP Constant Prices 15983391 NGN Million Mar/17
Gross Fixed Capital Formation 2874594 NGN Million Jun/16
GDP per capita 2535 USD Dec/15
GDP per capita PPP 5639 USD Dec/15
GDP From Agriculture 3385601 NGN Million Mar/17
GDP From Construction 660921 NGN Million Mar/17
GDP From Manufacturing 1543187 NGN Million Mar/17
GDP From Mining 2141964 NGN Million Mar/17
GDP From Public Administration 364766 NGN Millions Mar/17
GDP From Services 6977150 NGN Millions Dec/16
GDP From Transport 211047 NGN Millions Mar/17
GDP From Utilities 111801 NGN Million Dec/16
Labour Last Reference
Unemployment Rate 13.9 % Sep/16
Population 182 Million Dec/15
Employed Persons 69471 Thousand Sep/16
Employment Change 187226 Jobs Sep/16
Employment Rate 86.1 % Sep/16
Living Wage Family 132264 NGN/Month Dec/16
Living Wage Individual 43415 NGN/Month Dec/16
Unemployed Persons 11198 Thousand Sep/16
Youth Unemployment Rate 25 % Sep/16
Prices Last Reference
Inflation Rate 17.24 % Apr/17
Consumer Price Index CPI 226 Index Points Apr/17
Core Consumer Prices 218 Index Points Apr/17
Core Inflation Rate 14.75 % Apr/17
Food Inflation 19.3 % Apr/17
Cpi Transportation 215 Index Points Apr/17
GDP Deflator 164 Index Points Mar/17
Inflation Rate Mom 1.6 % Apr/17
Money Last Reference
Interest Rate 14 % May/17
Cash Reserve Ratio 22.5 % May/17
Money Supply M0 1975812 NGN Million Apr/17
Money Supply M1 9760415 NGN Million Apr/17
Money Supply M2 21712977 NGN Million Apr/17
Foreign Exchange Reserves 30800 USD Million Apr/17
Deposit Interest Rate 7.5 % Dec/16
Interbank Rate 0 % May/17
Lending Rate 17.43 % Mar/17
Trade Last Reference
Balance of Trade 227044 NGN Millions Dec/16
Exports 985817 NGN Millions Dec/16
Imports 758773 NGN Millions Dec/16
Current Account 3249 USD Million Dec/16
Current Account to GDP -3.8 % Dec/15
Terms of Trade 100 Index Points Dec/16
Capital Flows -5822 USD Million Dec/16
Foreign Direct Investment 1269 USD Million Dec/16
Gold Reserves 21.37 Tonnes Dec/16
Crude Oil Production 1484 BBL/D/1K Apr/17
External Debt 11406 USD Million Dec/16
Terrorism Index 9.31 Dec/15
Government Last Reference
Government Debt to GDP 11.5 % Dec/15
Government Budget -1.6 % of GDP Dec/15
Government Revenues 805 NGN Billion Dec/16
Credit Rating 27.58
Fiscal Expenditure 1486 NGN Billion Dec/16
Government Budget Value -681 NGN Billion Dec/16
Government Spending 834480 NGN Million Jun/16
Military Expenditure 2298 USD Million Dec/15
Business Last Reference
Business Confidence -29 Dec/16
Industrial Production -8.7 % Dec/16
Manufacturing Production -2.9 % Dec/16
Capacity Utilization 48.5 % Dec/16
Changes In Inventories 127424 NGN Million Jun/16
Competitiveness Index 3.39 Points Dec/17
Competitiveness Rank 127 Dec/17
Composite Pmi 53.6 Apr/17
Corruption Index 28 Points Dec/16
Corruption Rank 136 Dec/16
Ease of Doing Business 169 Dec/16
Manufacturing Pmi 51.1 Apr/17
Mni Business Sentiment 54.7 Jan/17
Services Pmi 49.5 Apr/17
Consumer Last Reference
Consumer Confidence -29.8 Dec/16
Consumer Spending 9554370 NGN Million Jun/16
Disposable Personal Income 17054468 NGN Million Jun/16
Private Sector Credit 21942872 NGN Million Apr/17
Gasoline Prices 0.48 USD/Liter Apr/17
Taxes Last Reference
Corporate Tax Rate 30 % Dec/16
Personal Income Tax Rate 24 % Dec/16
Sales Tax Rate 5 % Dec/16




Economic Indicators for Nigeria including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for Nigeria economy.