Nigeria | Economic Indicators

Overview Last Reference
GDP Growth Rate -13.7 % Mar/16
Unemployment Rate 12.1 % Mar/16
Inflation Rate 15.6 % May/16
Interest Rate 12 % May/16
Balance of Trade 171310 NGN Millions Mar/16
Government Debt to GDP 10.5 % Dec/14
Markets Last Reference
Currency 282 Jun/16
Stock Market 29354 points Jun/16
Government Bond 10y 14.25 % Jun/16
GDP Last Reference
GDP Growth Rate -13.7 % Mar/16
GDP Annual Growth Rate -0.4 % Mar/16
GDP 569 USD Billion Dec/14
GDP Constant Prices 16137053 NGN Million Mar/16
Gross Fixed Capital Formation 2672799 NGN Million Dec/15
GDP per capita 1092 USD Dec/14
GDP per capita PPP 5607 USD Dec/14
GDP From Agriculture 3274725 NGN Million Mar/16
GDP From Construction 659950 NGN Million Mar/16
GDP From Manufacturing 1522488 NGN Million Mar/16
GDP From Mining 1391092 NGN Million Mar/16
GDP From Public Administration 372471 NGN Millions Mar/16
GDP From Services 7087965 NGN Millions Dec/15
GDP From Transport 190913 NGN Millions Mar/16
GDP From Utilities 114402 NGN Million Dec/15
Labour Last Reference
Unemployment Rate 12.1 % Mar/16
Population 179 Million Dec/14
Employed Persons 69001 Thousand Mar/16
Employment Change 475180 Jobs Sep/15
Employment Rate 89.6 % Dec/15
Unemployed Persons 9485 Thousand Mar/16
Youth Unemployment Rate 21.5 % Mar/16
Prices Last Reference
Inflation Rate 15.6 % May/16
Consumer Price Index CPI 198 Index Points May/16
Core Consumer Prices 195 Index Points May/16
Core Inflation Rate 15.1 % May/16
Food Inflation 14.9 % May/16
Cpi Transportation 193 Index Points May/16
GDP Deflator 139 Index Points Mar/16
Inflation Rate Mom 2.75 % May/16
Money Last Reference
Interest Rate 12 % May/16
Cash Reserve Ratio 22.5 % Mar/16
Money Supply M0 1746718 NGN Million May/16
Money Supply M1 9391866 NGN Million May/16
Money Supply M2 20721908 NGN Million May/16
Foreign Exchange Reserves 26500 USD Million May/16
Deposit Interest Rate 9.34 % Dec/14
Interbank Rate 10.11 % Jun/16
Lending Rate 16.13 % May/16
Trade Last Reference
Balance of Trade 171310 NGN Millions Mar/16
Exports 282025 NGN Millions Mar/16
Imports 453334 NGN Millions Mar/16
Current Account -2014 USD Million Dec/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 502 USD Million Dec/15
Gold Reserves 21.37 Tonnes Mar/16
Crude Oil Production 1506 BBL/D/1K May/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
Military Expenditure 2298 USD Million Dec/15
Business Last Reference
Business Confidence -12.3 Jun/16
Industrial Production 15 % Dec/15
Manufacturing Production 0.4 % Dec/15
Capacity Utilization 53.7 % Dec/15
Changes In Inventories 168606 NGN Million Dec/15
Competitiveness Index 3.46 Points Dec/16
Competitiveness Rank 124 Dec/16
Composite Pmi 49.2 May/16
Corruption Index 26 Points Dec/15
Corruption Rank 136 Dec/15
Ease of Doing Business 169 Dec/15
Manufacturing Pmi 45.8 May/16
Mni Business Sentiment 54.5 May/16
Services Pmi 44.3 May/16
Consumer Last Reference
Consumer Confidence -24.2 Jun/16
Consumer Spending 21126823 NGN Million Dec/15
Disposable Personal Income 19335002 NGN Million Dec/15
Private Sector Credit 19048959 NGN Million May/16
Gasoline Prices 0.73 USD/Liter May/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. 6/28/2016