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Currency 410 410
Stock Market 42168 42248 points
GDP Growth Rate 11.1 -0.8 percent
GDP Annual Growth Rate 4 5 percent
Unemployment Rate 33.3 27.1 percent
Inflation Rate 15.99 16.63 percent
Interest Rate 11.5 11.5 percent
Cash Reserve Ratio 27.5 27.5 percent
Balance of Trade -679470 -605290 NGN Millions
Current Account -424 -2097 USD Million
Current Account to GDP -4.2 -3.3 percent of GDP
Government Debt to GDP 34.98 29.1 percent of GDP
Government Budget -3.8 -4.2 percent of GDP
Business Confidence -15.2 -1.5 points
Consumer Confidence -14.8 -21.2 points
Corporate Tax Rate 30 30 percent
Personal Income Tax Rate 24 24 percent
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GDP Growth Rate 11.1 -0.8 percent
GDP Annual Growth Rate 4 5 percent
GDP 432 448 USD Billion
GDP Constant Prices 18543055 16694666 NGN Million
Gross Fixed Capital Formation 2509821 3026269 NGN Million
GDP per capita 2396 2503 USD
GDP per capita PPP 4917 5136 USD
GDP From Agriculture 5550941 3969697 NGN Million
GDP From Construction 596446 532694 NGN Million
GDP From Manufacturing 1660564 1451511 NGN Million
GDP From Mining 1388798 1239461 NGN Million
GDP From Public Administration 380337 368210 NGN Millions
GDP From Services 6545197 6694697 NGN Millions
GDP From Transport 180043 209788 NGN Millions
GDP From Utilities 107693 183592 NGN Million
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Unemployment Rate 33.3 27.1 percent
Population 206 200 Million
Employed Persons 46488 58527 Thousand
Employment Rate 66.7 72.9 percent
Minimum Wages 30000 30000 NGN/Month
Unemployed Persons 23187 21765 Thousand
Youth Unemployment Rate 53.4 40.8 percent
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Inflation Rate 15.99 16.63 percent
Consumer Price Index CPI 400 396 points
Core Consumer Prices 348 345 points
Core Inflation Rate 13.24 13.74 percent
Food Inflation 18.34 19.57 percent
CPI Housing Utilities 349 345 points
CPI Transportation 354 350 points
GDP Deflator 243 234 points
Inflation Rate Mom 0.98 1.15 percent
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Coronavirus Vaccination Rate 4.79 4.79 doses per 100 people
Coronavirus Vaccination Total 10119982 10119982 doses
Coronavirus Cases 214270 214218 Persons
Coronavirus Deaths 2978 2977 Persons
Coronavirus Recovered 163984 163933 Persons
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Interest Rate 11.5 11.5 percent
Cash Reserve Ratio 27.5 27.5 percent
Interbank Rate 11.91 11.91 percent
Money Supply M0 2965985 2837064 NGN Million
Money Supply M1 16553042 15948091 NGN Million
Money Supply M2 41369902 40414585 NGN Million
Foreign Exchange Reserves 41280 41750 USD Million
Deposit Interest Rate 5.02 4.8 percent
Lending Rate 11.61 11.73 percent
Money Supply M3 39789168 39435900 NGN Million
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Balance of Trade -679470 -605290 NGN Millions
Current Account -424 -2097 USD Million
Current Account to GDP -4.2 -3.3 percent of GDP
Exports 1802708 1616095 NGN Millions
Imports 2482178 2221385 NGN Millions
Terms of Trade 101 102 points
Capital Flows 2106 1792 USD Million
Foreign Direct Investment 1564 2138 USD Million
Gold Reserves 21.37 21.46 Tonnes
Crude Oil Production 1228 1247 BBL/D/1K
External Debt 32860 33348 USD Million
Non Oil Exports 375014 307276 NGN Million
Oil Exports 1427694 1308819 NGN Million
Remittances 4278 4072 USD Million
Terrorism Index 8.31 8.6
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Government Debt to GDP 34.98 29.1 percent of GDP
Government Budget -3.8 -4.2 percent of GDP
Government Revenues 904 997 NGN Billion
Credit Rating 28
Fiscal Expenditure 2387 2542 NGN Billion
Government Budget Value -1484 -1544 NGN Billion
Government Debt 87239 86393 USD Million
Government Spending 1070299 1004813 NGN Million
Military Expenditure 2403 1860 USD Million
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Corporate Tax Rate 30 30 percent
Personal Income Tax Rate 24 24 percent
Sales Tax Rate 7.5 7.5 percent
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Business Confidence -15.2 -1.5 points
Industrial Production 1.6 -10.3 percent
Manufacturing Production -1.3 -10.3 percent
Internet Speed 3854 4129 KBps
IP Addresses 209207 194830 IP
Capacity Utilization 45.4 43.8 percent
Changes In Inventories 136518 145466 NGN Million
Competitiveness Index 48.33 47.53 Points
Competitiveness Rank 116 115
Composite PMI 55 54.1 points
Corruption Index 25 26 Points
Corruption Rank 149 146
Crude Oil Rigs 9 11
Ease of Doing Business 131 146
Manufacturing PMI 46.9 46.6 points
Mining Production 9.2 -17.3 percent
Services PMI 46.9 44.8 points
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Consumer Confidence -14.8 -21.2 points
Consumer Spending 12319481 13032211 NGN Million
Disposable Personal Income 20329673 19714316 NGN Million
Private Sector Credit 34509397 33840225 NGN Million
Gasoline Prices 0.4 0.4 USD/Liter


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 Saturday, December 4, 2021.