Nigeria | Economic Indicators


Markets Last Reference Previous Range
Currency 199 Jul/15 199 0.53 : 204
Government Bond 10y 14.66 percent Jul/15 14.7 6.04 : 17.3
Stock Market 1502 Index points Jul/15 1526 848 : 1958
GDP Last Reference Previous Range
GDP 523 USD Billion Dec/13 460 4.2 : 523
GDP Growth Rate -11.57 percent Mar/15 3.84 -11.57 : 8.99
GDP Annual Growth Rate 3.96 percent Mar/15 5.94 3.46 : 8.6
GDP Constant Prices 16050601 NGN Million Mar/15 18150356 56260 : 18150356
GDP per capita 1098 USD Dec/13 1052 468 : 1098
Gross Fixed Capital Formation 2780352 NGN Million Mar/15 2793779 17237 : 2805531
GDP per capita PPP 5676 USD Dec/13 5440 2758 : 5676
Gdp From Agriculture 3176598 NGN Million Mar/15 4330646 2594760 : 4655322
Gdp From Construction 697367 NGN Million Mar/15 665699 369191 : 697367
Gdp From Manufacturing 1637067 NGN Million Mar/15 1681932 875408 : 1718985
Gdp From Mining 1391092 NGN Million Mar/15 2042837 1391092 : 3083257
Gdp From Public Administration 389597 NGN Millions Mar/15 517338 389597 : 614331
Gdp From Services 5984387 NGN Millions Mar/15 6864558 4564086 : 6864558
Gdp From Transport 166402 NGN Millions Mar/15 219879 144849 : 219879
Gdp From Utilities 78894 NGN Million Mar/15 110387 51342 : 110387
Labour Last Reference Previous Range
Unemployment Rate 24.2 percent Mar/15 23.9 5.3 : 24.2
Population 174 Million Dec/13 166 45.15 : 174
Prices Last Reference Previous Range
Core Inflation Rate 8.3 percent May/15 7.7 0.49 : 19.28
Inflation Rate 9 percent May/15 8.7 -2.49 : 47.56
Consumer Price Index CPI 172 Index Points May/15 170 14.36 : 172
Core Consumer Prices 169 Index Points May/15 167 69 : 169
Food Inflation 9.78 percent May/15 9.48 -17.5 : 39.54
Inflation Rate Mom 1.1 percent May/15 0.8 -3.5 : 8.93
Money Last Reference Previous Range
Interest Rate 13 percent May/15 13 6 : 13
Money Supply M0 6994086 Nigerian Naira Million Mar/15 1622701 193939 : 6994086
Money Supply M1 6994086 Nigerian Naira Million Mar/15 6046786 396992 : 7420946
Money Supply M2 19142526 Nigerian Naira Million Mar/15 16546294 648507 : 19142526
Foreign Exchange Reserves 4118713 NGN Million Mar/15 4079037 88635 : 4166779
Cash Reserve Ratio 31 Percent Jun/15 31 1 : 31
Trade Last Reference Previous Range
Balance of Trade 480742 NGN Millions Mar/15 782388 -592183 : 2177795
Exports 1014713 NGN Millions Mar/15 1306400 115556 : 2648916
Imports 533971 NGN Millions Mar/15 524012 59635 : 1554733
Current Account -158 USD Million Dec/14 2832 -4410 : 9455
Current Account to GDP 2.6 percent Dec/14 3.9 -18.7 : 37.9
Terms of Trade 108 Index Points Sep/14 95.49 49.48 : 160
Foreign Direct Investment 1030 USD Million Dec/14 1155 668 : 3085
Gold Reserves 21.37 Tonnes Mar/15 21.37 21.37 : 21.37
Crude Oil Production 2420 BBL/D/1K Mar/15 2470 675 : 2695
Capital Flows 7.94 USD Billion Dec/14 1.12 -15.44 : 20.3
External Debt 9464 USD Million Mar/15 9711 3628 : 9711
Government Last Reference Previous Range
Government Budget 0.1 percent of GDP Dec/14 1.1 -6.6 : 4.6
Government Debt to GDP 11 percent Dec/13 19 11 : 88
Credit Rating 28.64 :
Government Budget Value -324 NGN Billion Dec/14 -264 -716 : 38.36
Government Revenues 769 NGN Billion Dec/14 889 534 : 1092
Government Spending 1093 NGN Billion Dec/14 1152 744 : 1458
Business Last Reference Previous Range
Business Confidence 8.4 Mar/15 16 -8.6 : 41.1
Industrial Production 0.18 percent Dec/14 0 -1.18 : 9.35
Capacity Utilization 60.3 percent Dec/14 59.88 52.5 : 60.3
Changes In Inventories 163221 NGN Million Mar/15 170606 327 : 172228
Competitiveness Index 3.43 Points Jun/15 3.57 3.37 : 3.81
Competitiveness Rank 127 Jun/15 120 94 : 127
Corruption Index 27 Points Jun/14 25 6.9 : 27
Corruption Rank 136 Jun/14 144 52 : 152
Ease of Doing Business 170 Dec/14 147 120 : 170
Manufacturing Production -1.99 percent Dec/14 -2.23 -2.62 : 14.85
Consumer Last Reference Previous Range
Consumer Confidence -3.6 Dec/14 -2.9 -23 : 6.4
Consumer Spending 15405692 NGN Million Mar/15 18431436 3308737 : 18431436
Disposable Personal Income 14975955 Million NGN Mar/14 16922969 117514 : 16922969
Gasoline Prices 0.47 USD/Liter Jan/15 0.52 0.02 : 0.62
Private Sector Credit 18579219 NGN Million Mar/15 18638607 440872 : 18638607
Taxes Last Reference Previous Range
Corporate Tax Rate 30 percent Jan/15 30 30 : 30
Personal Income Tax Rate 24 percent Jan/14 24 24 : 24
Sales Tax Rate 5 percent Jan/15 5 5 : 5




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. 7/2/2015