Nigeria | Economic Indicators

Overview Last Reference
GDP Growth Rate -13.7 % Mar/16
Unemployment Rate 12.1 % Mar/16
Inflation Rate 13.7 % Apr/16
Interest Rate 12 % May/16
Balance of Trade 26386 NGN Millions Dec/15
Government Debt to GDP 10.5 % Dec/14
Markets Last Reference
Currency 199 May/16
Stock Market 28261 points May/16
Government Bond 10y 13.42 % May/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 3015594 NGN Million Jun/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 13.7 % Apr/16
Consumer Price Index CPI 193 Index Points Apr/16
Core Consumer Prices 190 Index Points Apr/16
Core Inflation Rate 13.4 % Apr/16
Food Inflation 13.2 % Apr/16
Cpi Transportation 187 Index Points Apr/16
GDP Deflator 140 Index Points Dec/15
Inflation Rate Mom 1.6 % Apr/16
Money Last Reference
Interest Rate 12 % May/16
Cash Reserve Ratio 22.5 % Mar/16
Money Supply M0 1763533 NGN Million Apr/16
Money Supply M1 9136068 NGN Million Apr/16
Money Supply M2 20727909 NGN Million Apr/16
Foreign Exchange Reserves 27140 USD Million Apr/16
Deposit Interest Rate 9.34 % Dec/14
Interbank Rate 10.11 % May/16
Lending Rate 16.77 % Apr/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 -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 Dec/15
Crude Oil Production 1787 BBL/D/1K Apr/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 15 % Dec/15
Manufacturing Production 0.4 % Dec/15
Capacity Utilization 53.7 % Dec/15
Changes In Inventories 167699 NGN Million Jun/15
Competitiveness Index 3.46 Points Dec/16
Competitiveness Rank 124 Dec/16
Composite Pmi 50 Apr/16
Corruption Index 26 Points Dec/15
Corruption Rank 136 Dec/15
Ease of Doing Business 169 Dec/15
Manufacturing Pmi 43.7 Apr/16
Mni Business Sentiment 52.6 Apr/16
Services Pmi 44.3 Apr/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 19378611 NGN Million Apr/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. 5/26/2016