Nigeria Private Sector Credit  Forecast


Private Sector Credit in Nigeria is expected to be 21583278.37 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 22174613.60 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 Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence -17 -13 -10 -20.46 -21.2 3.23
Consumer Spending 11517020 11000000 11750000 9931186 10781093 12900000
Disposable Personal Income 19149057 17970299 18747218 19186824 19185736 21904999
Private Sector Credit 22172373 21583278 22983034 22218489 22174614 31091401
Gasoline Prices 0.48 0.58 0.6 0.46 0.46 0.7