Nigeria | Economic Indicators

Overview Last Reference
GDP Growth Rate 3.1 % Dec/15
Unemployment Rate 10.4 % Dec/15
Inflation Rate 12.8 % Mar/16
Interest Rate 12 % Mar/16
Balance of Trade 26386 NGN Millions Dec/15
Government Debt to GDP 10.5 % Dec/14
Markets Last Reference
Currency 199 Apr/16
Stock Market 25062 points Apr/16
Government Bond 10y 12.86 % Apr/16
GDP Last Reference
GDP Growth Rate 3.1 % Dec/15
GDP Annual Growth Rate 2.11 % Dec/15
GDP 569 USD Billion Dec/14
GDP Constant Prices 18745360 NGN Million Dec/15
Gross Fixed Capital Formation 3015594 NGN Million Jun/15
GDP per capita 1092 USD Dec/14
GDP per capita PPP 5607 USD Dec/14
GDP From Agriculture 4481258 NGN Million Dec/15
GDP From Construction 663347 NGN Million Dec/15
GDP From Manufacturing 1688340 NGN Million Dec/15
GDP From Mining 1313243 NGN Million Dec/15
GDP From Public Administration 449500 NGN Millions Dec/15
GDP From Services 7087965 NGN Millions Dec/15
GDP From Transport 229523 NGN Millions Dec/15
GDP From Utilities 114402 NGN Million Dec/15
Labour Last Reference
Unemployment Rate 10.4 % Dec/15
Population 179 Million Dec/14
Employed Persons 68922 Thousand Dec/15
Employment Change 475180 Jobs Sep/15
Employment Rate 89.6 % Dec/15
Unemployed Persons 8036 Thousand Dec/15
Youth Unemployment Rate 19 % Dec/15
Prices Last Reference
Inflation Rate 12.8 % Mar/16
Consumer Price Index CPI 190 Index Points Mar/16
Core Consumer Prices 186 Index Points Mar/16
Core Inflation Rate 12.2 % Mar/16
Food Inflation 12.7 % Mar/16
Cpi Transportation 185 Index Points Mar/16
GDP Deflator 140 Index Points Dec/15
Inflation Rate Mom 2.2 % Mar/16
Money Last Reference
Interest Rate 12 % Mar/16
Cash Reserve Ratio 22.5 % Mar/16
Money Supply M0 1711624 NGN Million Feb/16
Money Supply M1 9095578 NGN Million Feb/16
Money Supply M2 20489167 NGN Million Feb/16
Foreign Exchange Reserves 27140 USD Million Apr/16
Deposit Interest Rate 9.34 % Dec/14
Interbank Rate 10.11 % Apr/16
Lending Rate 16.82 % Mar/16
Trade Last Reference
Balance of Trade 26386 NGN Millions Dec/15
Exports 533774 NGN Millions Dec/15
Imports 507389 NGN Millions Dec/15
Current Account -4745 USD Million Sep/15
Current Account to GDP 2.6 % Dec/14
Terms of Trade 101 Index Points Dec/15
Capital Flows -1126 USD Million Dec/15
Foreign Direct Investment 1214 USD Million Sep/15
Gold Reserves 21.37 Tonnes Dec/15
Crude Oil Production 1881 BBL/D/1K Feb/16
External Debt 10718 USD Million Dec/15
Terrorism Index 9.21 Dec/14
Government Last Reference
Government Debt to GDP 10.5 % Dec/14
Government Budget 0.1 % of GDP Dec/14
Government Revenues 747 NGN Billion Dec/15
Credit Rating 27.58
Government Budget Value -146 NGN Billion Sep/15
Government Spending 1483 NGN Billion Dec/15
Business Last Reference
Business Confidence -10.3 Mar/16
Industrial Production -5.71 % Dec/15
Manufacturing Production -0.3 % Jun/15
Capacity Utilization 54.9 % Sep/15
Changes In Inventories 167699 NGN Million Jun/15
Competitiveness Index 3.46 Points Dec/16
Competitiveness Rank 124 Dec/16
Composite Pmi 49.6 Mar/16
Corruption Index 26 Points Dec/15
Corruption Rank 136 Dec/15
Ease of Doing Business 169 Dec/15
Manufacturing Pmi 45.9 Mar/16
Mni Business Sentiment 52.6 Apr/16
Services Pmi 45.4 Mar/16
Consumer Last Reference
Consumer Confidence -10.3 Mar/16
Consumer Spending 17154347 NGN Million Jun/15
Disposable Personal Income 16132103 NGN Million Jun/15
Private Sector Credit 18990293 NGN Million Feb/16
Gasoline Prices 0.43 USD/Liter Mar/16
Taxes Last Reference
Corporate Tax Rate 30 % Dec/15
Personal Income Tax Rate 24 % Dec/15
Sales Tax Rate 5 % Dec/15




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. 5/1/2016