Nigeria Indicators

	Last	Previous
Currency	415	415		Jan/22
Stock Market	46530	45940	points	Jan/22
GDP Growth Rate	11.1	-0.8	percent	Sep/21
GDP Annual Growth Rate	4	5	percent	Sep/21
Unemployment Rate	33.3	27.1	percent	Dec/20
Inflation Rate	15.63	15.4	percent	Dec/21
Interest Rate	11.5	11.5	percent	Jan/22
Cash Reserve Ratio	27.5	27.5	percent	Jan/22
Balance of Trade	-448235	-1570345	NGN Millions	Sep/21
Current Account	-424	-2097	USD Million	Jun/21
Current Account to GDP	-4.2	-3.3	percent of GDP	Dec/20
Government Debt to GDP	34.98	29.1	percent of GDP	Dec/20
Government Budget	-3.8	-4.2	percent of GDP	Dec/20
Business Confidence	-15.2	-1.5	points	Dec/20
Consumer Confidence	-14.8	-21.2	points	Dec/20
Corporate Tax Rate	30	30	percent	Dec/21
Personal Income Tax Rate	24	24	percent	Dec/21

	Last	Previous
GDP Growth Rate	11.1	-0.8	percent	Sep/21
GDP Annual Growth Rate	4	5	percent	Sep/21
GDP	432	448	USD Billion	Dec/20
GDP Constant Prices	18543055	16694666	NGN Million	Sep/21
Gross Fixed Capital Formation	2509821	3026269	NGN Million	Jun/21
GDP per capita	2396	2503	USD	Dec/20
GDP per capita PPP	4917	5136	USD	Dec/20
GDP From Agriculture	5550941	3969697	NGN Million	Sep/21
GDP From Construction	596446	532694	NGN Million	Sep/21
GDP From Manufacturing	1660564	1451511	NGN Million	Sep/21
GDP From Mining	1388798	1239461	NGN Million	Sep/21
GDP From Public Administration	380337	368210	NGN Millions	Sep/21
GDP From Services	6545197	6694697	NGN Millions	Sep/21
GDP From Transport	180043	209788	NGN Millions	Sep/21
GDP From Utilities	107693	183592	NGN Million	Sep/21

	Last	Previous
Unemployment Rate	33.3	27.1	percent	Dec/20
Population	206	200	Million	Dec/20
Employed Persons	46488	58527	Thousand	Dec/20
Employment Rate	66.7	72.9	percent	Dec/20
Minimum Wages	30000	30000	NGN/Month	Jan/21
Unemployed Persons	23187	21765	Thousand	Dec/20
Youth Unemployment Rate	53.4	40.8	percent	Dec/20

	Last	Previous
Inflation Rate	15.63	15.4	percent	Dec/21
Consumer Price Index CPI	412	404	points	Dec/21
Core Consumer Prices	356	352	points	Dec/21
Core Inflation Rate	13.87	13.85	percent	Dec/21
Food Inflation	17.37	17.21	percent	Dec/21
CPI Housing Utilities	357	352	points	Dec/21
CPI Transportation	363	358	points	Dec/21
GDP Deflator	243	234	points	Sep/21
Inflation Rate Mom	1.82	1.08	percent	Dec/21

	Last	Previous
Coronavirus Vaccination Rate	9.16	8.78	doses per 100 people	Jan/22
Coronavirus Vaccination Total	19360511	18567498	doses	Jan/22
Coronavirus Cases	252428	252187	Persons	Jan/22
Coronavirus Deaths	3126	3124	Persons	Jan/22

	Last	Previous
Interest Rate	11.5	11.5	percent	Jan/22
Cash Reserve Ratio	27.5	27.5	percent	Jan/22
Interbank Rate	9.06	9.06	percent	Jan/22
Money Supply M0	3325158	3148592	NGN Million	Dec/21
Money Supply M1	18161339	17118885	NGN Million	Dec/21
Money Supply M2	43946388	42572203	NGN Million	Dec/21
Foreign Exchange Reserves	40530	41190	USD Million	Dec/21
Deposit Interest Rate	5.02	4.8	percent	Oct/21
Lending Rate	11.61	11.73	percent	Oct/21
Money Supply M3	42576322	41475251	NGN Million	Nov/21

	Last	Previous
Balance of Trade	-448235	-1570345	NGN Millions	Sep/21
Current Account	-424	-2097	USD Million	Jun/21
Current Account to GDP	-4.2	-3.3	percent of GDP	Dec/20
Exports	2036094	1418794	NGN Millions	Sep/21
Imports	2484329	2989140	NGN Millions	Sep/21
Terms of Trade	101	102	points	Jun/21
Capital Flows	2106	1792	USD Million	Jun/21
Foreign Direct Investment	1564	2138	USD Million	Jun/21
Gold Reserves	21.37	21.37	Tonnes	Sep/21
Crude Oil Production	1197	1275	BBL/D/1K	Dec/21
External Debt	37955	33469	USD Million	Sep/21
Non Oil Exports	375014	307276	NGN Million	Jun/21
Oil Exports	1427694	1308819	NGN Million	Jun/21
Remittances	4922	4278	USD Million	Jun/21
Terrorism Index	8.31	8.6		Dec/19

	Last	Previous
Government Debt to GDP	34.98	29.1	percent of GDP	Dec/20
Government Budget	-3.8	-4.2	percent of GDP	Dec/20
Government Revenues	904	997	NGN Billion	Dec/20
Credit Rating	28			Jan/22
Fiscal Expenditure	2387	2542	NGN Billion	Dec/20
Government Budget Value	-1484	-1544	NGN Billion	Dec/20
Government Debt	87239	86393	USD Million	Mar/21
Government Spending	1070299	1004813	NGN Million	Jun/21
Military Expenditure	2403	1860	USD Million	Dec/20

	Last	Previous
Corporate Tax Rate	30	30	percent	Dec/21
Personal Income Tax Rate	24	24	percent	Dec/21
Sales Tax Rate	7.5	7.5	percent	Dec/21

	Last	Previous
Business Confidence	-15.2	-1.5	points	Dec/20
Industrial Production	1.6	-10.3	percent	Dec/20
Manufacturing Production	-1.3	-10.3	percent	Dec/20
Internet Speed	3854	4129	KBps	Mar/17
IP Addresses	209207	194830	IP	Mar/17
Capacity Utilization	45.4	43.8	percent	Dec/20
Changes In Inventories	136518	145466	NGN Million	Jun/21
Competitiveness Index	48.33	47.53	Points	Dec/19
Competitiveness Rank	116	115		Dec/19
Composite PMI	56.4	55	points	Dec/21
Corruption Index	25	26	Points	Dec/20
Corruption Rank	149	146		Dec/20
Crude Oil Rigs	6	7		Dec/21
Ease of Doing Business	131	146		Dec/19
Manufacturing PMI	52	50.8	points	Dec/21
Mining Production	9.2	-17.3	percent	Dec/20
Services PMI	48	48.6	points	Dec/21

	Last	Previous
Consumer Confidence	-14.8	-21.2	points	Dec/20
Consumer Spending	12319481	13032211	NGN Million	Jun/21
Disposable Personal Income	16584372	17141534	NGN Million	Jun/21
Private Sector Credit	35726933	35379184	NGN Million	Dec/21
Gasoline Prices	0.4	0.4	USD/Liter	Dec/21

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Nigeria Indicators - was last updated on Wednesday, January 26, 2022.