Markets Last Reference
Currency 381 Aug/20
Stock Market (points) 25042 Aug/20
Government Bond 10y (%) 9.08 Aug/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 (%) 12.56 Jun/20
Interest Rate (%) 12.5 Jul/20
Cash Reserve Ratio (%) 27.5 Aug/20
Balance of Trade (NGN Millions) -162246 Mar/20
Current Account (USD Million) -4882 Mar/20
Current Account to GDP (%) -3.6 Dec/19
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -3.4 Dec/19
Business Confidence (points) -7.9 Jul/20
Consumer Confidence (points) -29.2 Jun/20
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Coronavirus Cases (Persons) 46140 Aug/20
Coronavirus Deaths (Persons) 942 Aug/20
Coronavirus Recovered (Persons) 32637 Aug/20

GDP Last Reference
GDP Growth Rate (%) -14.3 Mar/20
GDP Annual Growth Rate (%) 1.87 Mar/20
GDP (USD Billion) 448 Dec/19
GDP Constant Prices (NGN Million) 16893270 Mar/20
Gross Fixed Capital Formation (NGN Million) 2976480 Dec/19
GDP per capita (USD) 2387 Dec/19
GDP per capita PPP (USD) 5136 Dec/19
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
Minimum Wages (NGN/Month) 30000 Jan/20
Unemployed Persons (Thousand) 20928 Sep/18
Youth Unemployment Rate (%) 36.5 Sep/18

Prices Last Reference
Inflation Rate (%) 12.56 Jun/20
Consumer Price Index CPI (points) 326 Jun/20
Core Consumer Prices (points) 295 Jun/20
Core Inflation Rate (%) 10.13 Jun/20
Food Inflation (%) 15.18 Jun/20
Cpi Housing Utilities (points) 306 Jun/20
CPI Transportation (points) 294 Jun/20
GDP Deflator (points) 213 Mar/20
Inflation Rate Mom (%) 1.21 Jun/20

Money Last Reference
Interest Rate (%) 12.5 Jul/20
Cash Reserve Ratio (%) 27.5 Aug/20
Money Supply M0 (NGN Million) 2300832 Jun/20
Money Supply M1 (NGN Million) 12204254 Jun/20
Money Supply M2 (NGN Million) 32171336 Jun/20
Foreign Exchange Reserves (USD Million) 35900 Jul/20
Deposit Interest Rate (%) 5.67 May/20
Lending Rate (%) 14.73 May/20

Trade Last Reference
Balance of Trade (NGN Millions) -162246 Mar/20
Current Account (USD Million) -4882 Mar/20
Current Account to GDP (%) -3.6 Dec/19
Exports (NGN Millions ) 965634 Mar/20
Imports (NGN Millions ) 1127880 Mar/20
Terms of Trade (points) 103 Mar/20
Capital Flows (USD Million) -6300 Mar/20
Foreign Direct Investment (USD Million) 428 Mar/20
Gold Reserves (Tonnes) 21.5 Mar/20
Crude Oil Production (BBL/D/1K) 1411 Jun/20
External Debt (USD Million) 27666 Mar/20
Non Oil Exports (NGN Million) 302856 Mar/20
Oil Exports (NGN Million) 662778 Mar/20
Remittances (USD Million) 5629 Mar/20
Terrorism Index 8.6 Dec/18

Government Last Reference
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -3.4 Dec/19
Government Revenues (NGN Billion) 939 Dec/19
Credit Rating 30 Aug/20
Fiscal Expenditure (NGN Billion) 2074 Dec/19
Government Budget Value (NGN Billion) -1136 Dec/19
Government Debt (USD Million) 79303 Mar/20
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) -7.9 Jul/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) 50.4 Jul/20
Corruption Index (Points) 26 Dec/19
Corruption Rank 146 Dec/19
Crude Oil Rigs 6 Jul/20
Ease of Doing Business 131 Dec/19
Manufacturing Pmi (points) 44.9 Jul/20
Mining Production (%) 0.1 Dec/19
Services Pmi (points) 43.3 Jul/20

Consumer Last Reference
Consumer Confidence (points) -29.2 Jun/20
Consumer Spending (NGN Million) 12193024 Dec/19
Disposable Personal Income (NGN Million) 19718834 Dec/19
Private Sector Credit (NGN Million) 29183704 Jun/20
Gasoline Prices (USD/Liter) 0.32 Jul/20

Health Last Reference
Coronavirus Cases (Persons) 46140 Aug/20
Coronavirus Deaths (Persons) 942 Aug/20
Coronavirus Recovered (Persons) 32637 Aug/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.