Nigeria | Economic Indicators

Overview Last Reference
GDP Growth Rate 0.82 % Jun/16
Unemployment Rate 13.3 % Jun/16
Inflation Rate 17.6 % Aug/16
Interest Rate 14 % Sep/16
Balance of Trade -29398 NGN Millions Jun/16
Government Debt to GDP 11.5 % Dec/15
Markets Last Reference
Currency 304 Sep/16
Stock Market 28219 points Sep/16
Government Bond 10y 14.72 % Sep/16
GDP Last Reference
GDP Growth Rate 0.82 % Jun/16
GDP Annual Growth Rate -2.06 % Jun/16
GDP 481 USD Billion Dec/15
GDP Constant Prices 16254490 NGN Million Jun/16
Gross Fixed Capital Formation 2672799 NGN Million Dec/15
GDP per capita 2548 USD Dec/15
GDP per capita PPP 5639 USD Dec/15
GDP From Agriculture 3635533 NGN Million Jun/16
GDP From Construction 693745 NGN Million Jun/16
GDP From Manufacturing 1519448 NGN Million Jun/16
GDP From Mining 896051 NGN Million Jun/16
GDP From Public Administration 394454 NGN Millions Jun/16
GDP From Services 5973388 NGN Millions Mar/16
GDP From Transport 189399 NGN Millions Jun/16
GDP From Utilities 55205 NGN Million Mar/16
Labour Last Reference
Unemployment Rate 13.3 % Jun/16
Population 182 Million Dec/15
Employed Persons 69042 Thousand Jun/16
Employment Change 79465 Jobs Mar/16
Employment Rate 86.4 % Jun/16
Unemployed Persons 10644 Thousand Jun/16
Youth Unemployment Rate 24 % Jun/16
Prices Last Reference
Inflation Rate 17.6 % Aug/16
Consumer Price Index CPI 206 Index Points Aug/16
Core Consumer Prices 202 Index Points Aug/16
Core Inflation Rate 17.2 % Aug/16
Food Inflation 16.4 % Aug/16
Cpi Transportation 201 Index Points Aug/16
GDP Deflator 146 Index Points Jun/16
Inflation Rate Mom 1 % Aug/16
Money Last Reference
Interest Rate 14 % Sep/16
Cash Reserve Ratio 22.5 % Jul/16
Money Supply M0 1679477 NGN Million Aug/16
Money Supply M1 9125897 NGN Million Aug/16
Money Supply M2 21647325 NGN Million Aug/16
Foreign Exchange Reserves 25417 USD Million Aug/16
Deposit Interest Rate 9.34 % Dec/14
Interbank Rate 0 % Sep/16
Lending Rate 17.14 % Jul/16
Trade Last Reference
Balance of Trade -29398 NGN Millions Jun/16
Exports 727477 NGN Millions Jun/16
Imports 756875 NGN Millions Jun/16
Current Account -721 USD Million Mar/16
Current Account to GDP -3.8 % Dec/15
Terms of Trade 83.84 Index Points Mar/16
Capital Flows -7914 USD Million Mar/16
Foreign Direct Investment 887 USD Million Mar/16
Gold Reserves 21.37 Tonnes Jun/16
Crude Oil Production 1456 BBL/D/1K Aug/16
External Debt 11262 USD Million Jun/16
Terrorism Index 9.21 Dec/14
Government Last Reference
Government Debt to GDP 11.5 % Dec/15
Government Budget -1.6 % of GDP Dec/15
Government Revenues 578 NGN Billion Mar/16
Credit Rating 27.58
Fiscal Expenditure 1124 NGN Billion Mar/16
Government Budget Value -546 NGN Billion Mar/16
Government Spending 980564 NGN Million Dec/15
Military Expenditure 2298 USD Million Dec/15
Business Last Reference
Business Confidence -24.1 Sep/16
Industrial Production -10.1 % Mar/16
Manufacturing Production 1.7 % Mar/16
Capacity Utilization 50.7 % Jun/16
Changes In Inventories 136493 NGN Million Dec/15
Competitiveness Index 3.46 Points Dec/16
Competitiveness Rank 124 Dec/16
Composite Pmi 46.3 Aug/16
Corruption Index 26 Points Dec/15
Corruption Rank 136 Dec/15
Ease of Doing Business 169 Dec/15
Manufacturing Pmi 42.1 Aug/16
Mni Business Sentiment 55.1 Aug/16
Services Pmi 43.7 Aug/16
Consumer Last Reference
Consumer Confidence -28.2 Sep/16
Consumer Spending 12137991 NGN Million Dec/15
Disposable Personal Income 19335002 NGN Million Dec/15
Private Sector Credit 22664210 NGN Million Aug/16
Gasoline Prices 0.46 USD/Liter Aug/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. 9/25/2016