Markets Last Reference
Currency 411 Aug/21
Stock Market (points) 38802 Aug/21
Government Bond 10y (%) 12.42 Aug/21

Overview Last Reference
GDP Growth Rate (%) -13.9 Mar/21
GDP Annual Growth Rate (%) 0.51 Mar/21
Unemployment Rate (%) 33.3 Dec/20
Coronavirus Vaccination Rate (doses per 100 people) 1.91 Aug/21
Inflation Rate (%) 17.75 Jun/21
Coronavirus Vaccination Total (doses) 3938945 Aug/21
Interest Rate (%) 11.5 Jul/21
Cash Reserve Ratio (%) 27.5 Jul/21
Balance of Trade (NGN Millions) -1123290 Mar/21
Current Account (USD Million) -1751 Mar/21
Current Account to GDP (% of GDP) -4.2 Dec/20
Government Debt to GDP (% of GDP) 34.98 Dec/20
Government Budget (% of GDP) -3.8 Dec/20
Business Confidence (points) -15.2 Dec/20
Consumer Confidence (points) -14.8 Dec/20
Corporate Tax Rate (%) 30 Dec/21
Personal Income Tax Rate (%) 24 Dec/21
Coronavirus Cases (Persons) 176011 Aug/21
Coronavirus Deaths (Persons) 2167 Aug/21
Coronavirus Recovered (Persons) 163984 Aug/21

GDP Last Reference
GDP Growth Rate (%) -13.9 Mar/21
GDP Annual Growth Rate (%) 0.51 Mar/21
GDP (USD Billion) 432 Dec/20
GDP Constant Prices (NGN Million) 16826890 Mar/21
Gross Fixed Capital Formation (NGN Million) 2944319 Dec/20
GDP per capita (USD) 2273 Dec/20
GDP per capita PPP (USD) 4917 Dec/20
GDP From Agriculture (NGN Million) 3760881 Mar/21
GDP From Construction (NGN Million) 692521 Mar/21
GDP From Manufacturing (NGN Million) 1670394 Mar/21
GDP From Mining (NGN Million) 1556074 Mar/21
GDP From Public Administration (NGN Millions ) 278241 Mar/21
GDP From Services (NGN Millions ) 6836847 Mar/21
GDP From Transport (NGN Millions ) 231805 Mar/21
GDP From Utilities (NGN Million) 394016 Mar/21

Labour Last Reference
Unemployment Rate (%) 33.3 Dec/20
Population (Million) 206 Dec/20
Employed Persons (Thousand) 58527 Jun/20
Employment Rate (%) 66.7 Dec/20
Minimum Wages (NGN/Month) 30000 Jan/21
Unemployed Persons (Thousand) 23187 Dec/20
Youth Unemployment Rate (%) 53.4 Dec/20

Health Last Reference
Coronavirus Vaccination Rate (doses per 100 people) 1.91 Aug/21
Coronavirus Vaccination Total (doses) 3938945 Aug/21
Coronavirus Cases (Persons) 176011 Aug/21
Coronavirus Deaths (Persons) 2167 Aug/21
Coronavirus Recovered (Persons) 163984 Aug/21

Prices Last Reference
Inflation Rate (%) 17.75 Jun/21
Consumer Price Index CPI (points) 384 Jun/21
Core Consumer Prices (points) 334 Jun/21
Core Inflation Rate (%) 13.09 Jun/21
Food Inflation (%) 21.83 Jun/21
Cpi Housing Utilities (points) 337 Jun/21
CPI Transportation (points) 338 Jun/21
GDP Deflator (points) 224 Dec/20
Inflation Rate Mom (%) 1.06 Jun/21

Money Last Reference
Interest Rate (%) 11.5 Jul/21
Cash Reserve Ratio (%) 27.5 Jul/21
Money Supply M0 (NGN Million) 2741263 Jun/21
Money Supply M1 (NGN Million) 16016754 Jun/21
Money Supply M2 (NGN Million) 38759139 Jun/21
Foreign Exchange Reserves (USD Million) 33330 Jul/21
Deposit Interest Rate (%) 3.05 Mar/21
Lending Rate (%) 11.13 Mar/21

Trade Last Reference
Balance of Trade (NGN Millions) -1123290 Mar/21
Current Account (USD Million) -1751 Mar/21
Current Account to GDP (% of GDP) -4.2 Dec/20
Exports (NGN Millions ) 1070267 Mar/21
Imports (NGN Millions ) 2193557 Mar/21
Terms of Trade (points) 100 Dec/20
Capital Flows (USD Million) 7887 Mar/21
Foreign Direct Investment (USD Million) 2138 Mar/21
Gold Reserves (Tonnes) 21.46 Mar/21
Crude Oil Production (BBL/D/1K) 1313 Jun/21
External Debt (USD Million) 32860 Mar/21
Non Oil Exports (NGN Million) 405370 Mar/21
Oil Exports (NGN Million) 664897 Mar/21
Remittances (USD Million) 4072 Dec/20
Terrorism Index 8.31 Dec/19

Government Last Reference
Government Debt to GDP (% of GDP) 34.98 Dec/20
Government Budget (% of GDP) -3.8 Dec/20
Government Revenues (NGN Billion) 904 Dec/20
Credit Rating 28 Aug/21
Fiscal Expenditure (NGN Billion) 2387 Dec/20
Government Budget Value (NGN Billion) -1484 Dec/20
Government Debt (USD Million) 87239 Mar/21
Government Spending (NGN Million) 1409721 Dec/20
Military Expenditure (USD Million) 2403 Dec/20

Taxes Last Reference
Corporate Tax Rate (%) 30 Dec/21
Personal Income Tax Rate (%) 24 Dec/21
Sales Tax Rate (%) 7.5 Dec/21

Business Last Reference
Business Confidence (points) -15.2 Dec/20
Industrial Production (%) 1.6 Dec/20
Manufacturing Production (%) -1.3 Dec/20
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 45.4 Dec/20
Changes In Inventories (NGN Million) 133483 Dec/20
Competitiveness Index (Points) 48.33 Dec/19
Competitiveness Rank 116 Dec/19
Composite PMI (points) 55.4 Jul/21
Corruption Index (Points) 25 Dec/20
Corruption Rank 149 Dec/20
Crude Oil Rigs 5 Jun/21
Ease of Doing Business 131 Dec/19
Manufacturing PMI (points) 49 Apr/21
Mining Production (%) 9.2 Dec/20
Services PMI (points) 47.3 Apr/21

Consumer Last Reference
Consumer Confidence (points) -14.8 Dec/20
Consumer Spending (NGN Million) 14347659 Dec/20
Disposable Personal Income (NGN Million) 20329673 Dec/20
Private Sector Credit (NGN Million) 32638185 Jun/21
Gasoline Prices (USD/Liter) 0.43 Jul/21


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.