Markets Last Reference
Currency 360 May/20
Stock Market (points) 25166 May/20
Government Bond 10y (%) 11.04 May/20

Overview Last Reference
GDP Growth Rate (%) -14.3 Mar/20
GDP Annual Growth Rate (%) 1.87 Mar/20
Unemployment Rate (%) 23.1 Sep/18
Inflation Rate (%) 12.34 Apr/20
Interest Rate (%) 12.5 May/20
Cash Reserve Ratio (%) 27.5 May/20
Balance of Trade (NGN Millions) 362685 Dec/19
Current Account (USD Million) -6953 Dec/19
Current Account to GDP (%) 2.3 Dec/18
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -2.8 Dec/18
Business Confidence (points) 6.6 Mar/20
Consumer Confidence (points) -0.3 Mar/20
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Coronavirus Cases (Persons) 8733 May/20
Coronavirus Deaths (Persons) 254 May/20
Coronavirus Recovered (Persons) 2501 May/20

GDP Last Reference
GDP Growth Rate (%) -14.3 Mar/20
GDP Annual Growth Rate (%) 1.87 Mar/20
GDP (USD Billion) 410 Dec/19
GDP Constant Prices (NGN Million) 16893270 Mar/20
Gross Fixed Capital Formation (NGN Million) 2976480 Dec/19
GDP per capita (USD) 2396 Dec/18
GDP per capita PPP (USD) 5316 Dec/18
GDP From Agriculture (NGN Million) 3677153 Mar/20
GDP From Construction (NGN Million) 682792 Mar/20
GDP From Manufacturing (NGN Million) 1615391 Mar/20
GDP From Mining (NGN Million) 1591248 Mar/20
GDP From Public Administration (NGN Millions ) 280721 Mar/20
GDP From Services (NGN Millions ) 6477203 Mar/20
GDP From Transport (NGN Millions ) 296779 Mar/20
GDP From Utilities (NGN Million) 63971 Mar/20

Labour Last Reference
Unemployment Rate (%) 23.1 Sep/18
Population (Million) 200 Dec/19
Employed Persons (Thousand) 69543 Sep/18
Employment Rate (%) 76.9 Sep/18
Living Wage Family (NGN/Month) 137600 Dec/18
Living Wage Individual (NGN/Month) 43200 Dec/18
Minimum Wages (NGN/Month) 30000 Jan/20
Unemployed Persons (Thousand) 20928 Sep/18
Wages High Skilled (NGN/Month) 57200 Dec/18
Wages Low Skilled (NGN/Month) 25500 Dec/18
Youth Unemployment Rate (%) 36.5 Sep/18

Prices Last Reference
Inflation Rate (%) 12.34 Apr/20
Consumer Price Index CPI (points) 318 Apr/20
Core Consumer Prices (points) 290 Apr/20
Core Inflation Rate (%) 10 Apr/20
Food Inflation (%) 15.03 Apr/20
Cpi Housing Utilities (points) 302 Apr/20
CPI Transportation (points) 288 Apr/20
GDP Deflator (points) 203 Dec/19
Inflation Rate Mom (%) 1.02 Apr/20

Money Last Reference
Interest Rate (%) 12.5 May/20
Cash Reserve Ratio (%) 27.5 May/20
Money Supply M0 (NGN Million) 2186983 Feb/20
Money Supply M1 (NGN Million) 10427024 Feb/20
Money Supply M2 (NGN Million) 29730798 Feb/20
Foreign Exchange Reserves (USD Million) 33440 Apr/20
Deposit Interest Rate (%) 6.17 Feb/20
Lending Rate (%) 15.04 Feb/20

Trade Last Reference
Balance of Trade (NGN Millions) 362685 Dec/19
Current Account (USD Million) -6953 Dec/19
Current Account to GDP (%) 2.3 Dec/18
Exports (NGN Millions ) 1759033 Dec/19
Imports (NGN Millions ) 1396348 Dec/19
Terms of Trade (points) 104 Dec/19
Capital Flows (USD Million) 13236 Dec/19
Foreign Direct Investment (USD Million) 910 Jun/19
Gold Reserves (Tonnes) 21.5 Mar/20
Crude Oil Production (BBL/D/1K) 1793 Apr/20
External Debt (USD Million) 27676 Dec/19
Remittances (USD Million) 5926 Dec/19
Terrorism Index 8.6 Dec/18

Government Last Reference
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -2.8 Dec/18
Government Revenues (NGN Billion) 939 Dec/19
Credit Rating 30 May/20
Fiscal Expenditure (NGN Billion) 2074 Dec/19
Government Budget Value (NGN Billion) -1136 Dec/19
Government Debt (USD Million) 84053 Dec/19
Government Spending (NGN Million) 1082949 Dec/19
Military Expenditure (USD Million) 1907 Dec/18

Taxes Last Reference
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Sales Tax Rate (%) 7.5 Feb/20

Business Last Reference
Business Confidence (points) 6.6 Mar/20
Industrial Production (%) 25.1 Dec/19
Manufacturing Production (%) -1.9 Dec/19
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 55 Dec/18
Changes In Inventories (NGN Million) 146696 Dec/19
Competitiveness Index (Points) 48.33 Dec/19
Competitiveness Rank 116 Dec/19
Composite Pmi (points) 37.1 Apr/20
Corruption Index (Points) 26 Dec/19
Corruption Rank 146 Dec/19
Crude Oil Rigs 16 Apr/20
Ease of Doing Business 131 Dec/19
Manufacturing Pmi (points) 51.1 Mar/20
Mining Production (%) 0.1 Dec/19
Services Pmi (points) 49.2 Mar/20

Consumer Last Reference
Consumer Confidence (points) -0.3 Mar/20
Consumer Spending (NGN Million) 12193024 Dec/19
Disposable Personal Income (NGN Million) 19718834 Dec/19
Private Sector Credit (NGN Million) 26695427 Feb/20
Gasoline Prices (USD/Liter) 0.3 May/20

Health Last Reference
Coronavirus Cases (Persons) 8733 May/20
Coronavirus Deaths (Persons) 254 May/20
Coronavirus Recovered (Persons) 2501 May/20


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.