Nigeria | Economic Indicators

Overview Last Reference
GDP Growth Rate 9.19 % Sep/15
Unemployment Rate 9.9 % Sep/15
Inflation Rate 9.6 % Dec/15
Interest Rate 11 % Jan/16
Balance of Trade 197188 NGN Millions Sep/15
Government Debt to GDP 10.5 % Dec/14
Markets Last Reference
Currency 199 Feb/16
Stock Market 23981 points Feb/16
Government Bond 10y 12.22 % Feb/16
GDP Last Reference
GDP Growth Rate 9.19 % Sep/15
GDP Annual Growth Rate 2.84 % Sep/15
GDP 569 USD Billion Dec/14
GDP Constant Prices 17976235 NGN Million Sep/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 4816519 NGN Million Sep/15
GDP From Construction 579298 NGN Million Sep/15
GDP From Manufacturing 1688874 NGN Million Sep/15
GDP From Mining 1539681 NGN Million Sep/15
GDP From Public Administration 385493 NGN Millions Sep/15
GDP From Services 6101562 NGN Millions Sep/15
GDP From Transport 209454 NGN Millions Sep/15
GDP From Utilities 87337 NGN Million Sep/15
Labour Last Reference
Unemployment Rate 9.9 % Sep/15
Population 179 Million Dec/14
Prices Last Reference
Inflation Rate 9.6 % Dec/15
Consumer Price Index CPI 180 Index Points Dec/15
Core Consumer Prices 177 Index Points Dec/15
Core Inflation Rate 8.7 % Dec/15
Food Inflation 10.6 % Dec/15
GDP Deflator 135 Index Points Sep/15
Inflation Rate Mom 1 % Dec/15
Money Last Reference
Interest Rate 11 % Jan/16
Cash Reserve Ratio 25 Percent Sep/15
Money Supply M0 1857942 NGN Million Dec/15
Money Supply M1 8571701 NGN Million Dec/15
Money Supply M2 20029831 NGN Million Dec/15
Foreign Exchange Reserves 28200 USD Million Jan/16
Deposit Interest Rate 9.34 % Dec/14
Interbank Rate 9.54 Percent Feb/16
Lending Rate 16.96 % Dec/15
Trade Last Reference
Balance of Trade 197188 NGN Millions Sep/15
Exports 680480 NGN Millions Sep/15
Imports 483292 NGN Millions Sep/15
Current Account -4745 USD Million Sep/15
Current Account to GDP 2.6 % Dec/14
Terms of Trade 104 Index Points Jun/15
Capital Flows 407 USD Million Sep/15
Foreign Direct Investment 1214 USD Million Sep/15
Gold Reserves 21.37 Tonnes Sep/15
Crude Oil Production 2370 BBL/D/1K Oct/15
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 1262 NGN Billion Jun/15
Credit Rating 26.59
Government Budget Value -146 NGN Billion Sep/15
Government Spending 1140 NGN Billion Sep/15
Business Last Reference
Business Confidence 8.3 Dec/15
Industrial Production -6.6 % Jun/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 51.3 Jan/16
Corruption Index 26 Points Dec/15
Corruption Rank 136 Dec/15
Ease of Doing Business 169 Dec/15
Manufacturing Pmi 47.2 Jan/16
Mni Business Sentiment 62.6 Nov/15
Services Pmi 46.9 Jan/16
Consumer Last Reference
Consumer Confidence -3 Dec/15
Consumer Spending 17154347 NGN Million Jun/15
Disposable Personal Income 16132103 NGN Million Jun/15
Private Sector Credit 18719263 NGN Million Dec/15
Gasoline Prices 0.43 USD/Liter Jan/16
Taxes Last Reference
Corporate Tax Rate 30 % Dec/15
Personal Income Tax Rate 24 % Jan/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. 2/10/2016