Nigeria Private Sector Credit - Forecast

Private Sector Credit in Nigeria is expected to be 21790552.64 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Sector Credit in Nigeria to stand at 24769687.42 in 12 months time. In the long-term, the Nigeria Private Sector Credit is projected to trend around 31091401.00 NGN Million in 2020, according to our econometric models.

Nigeria Private Sector Credit
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Nigeria Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 1 3.11 1.81 -1.83 -5 3.23
Consumer Spending 10657885 10034245 10124181 10359623 12000000 12900000
Disposable Personal Income 19990334 18520608 18248201 17983199 19497106 21904999
Private Sector Credit 21928917 21790553 21740253 21693382 24769687 31091401
Gasoline Prices 0.47 0.45 0.45 0.45 0.62 0.7