Markets Last Reference
Currency 381 Feb/21
Stock Market (points) 41014 Feb/21
Government Bond 10y (%) 10.44 Feb/21

Overview Last Reference
GDP Growth Rate (%) 12.1 Sep/20
GDP Annual Growth Rate (%) -3.62 Sep/20
Unemployment Rate (%) 27.1 Jun/20
Inflation Rate (%) 15.75 Dec/20
Interest Rate (%) 11.5 Jan/21
Cash Reserve Ratio (%) 27.5 Feb/21
Balance of Trade (NGN Millions) -830085 Sep/20
Current Account (USD Million) -3338 Sep/20
Current Account to GDP (%) -3.6 Dec/19
Government Debt to GDP (%) 29.1 Dec/19
Government Budget (% of GDP) -3.4 Dec/19
Business Confidence (points) -15.2 Dec/20
Consumer Confidence (points) -14.8 Dec/20
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Coronavirus Cases (Persons) 141447 Feb/21
Coronavirus Deaths (Persons) 1694 Feb/21
Coronavirus Recovered (Persons) 116947 Feb/21

GDP Last Reference
GDP Growth Rate (%) 12.1 Sep/20
GDP Annual Growth Rate (%) -3.62 Sep/20
GDP (USD Billion) 448 Dec/19
GDP Constant Prices (NGN Million) 18109596 Sep/20
Gross Fixed Capital Formation (NGN Million) 2296104 Jun/20
GDP per capita (USD) 2387 Dec/19
GDP per capita PPP (USD) 5136 Dec/19
GDP From Agriculture (NGN Million) 5484064 Sep/20
GDP From Construction (NGN Million) 572977 Sep/20
GDP From Manufacturing (NGN Million) 1592209 Sep/20
GDP From Mining (NGN Million) 1555772 Sep/20
GDP From Public Administration (NGN Millions ) 380905 Sep/20
GDP From Services (NGN Millions ) 6112207 Sep/20
GDP From Transport (NGN Millions ) 149282 Sep/20
GDP From Utilities (NGN Million) 94533 Sep/20

Labour Last Reference
Unemployment Rate (%) 27.1 Jun/20
Population (Million) 200 Dec/19
Employed Persons (Thousand) 58527 Jun/20
Employment Rate (%) 76.9 Sep/18
Minimum Wages (NGN/Month) 30000 Jan/20
Unemployed Persons (Thousand) 21765 Jun/20
Youth Unemployment Rate (%) 36.5 Sep/18

Prices Last Reference
Inflation Rate (%) 15.75 Dec/20
Consumer Price Index CPI (points) 356 Dec/20
Core Consumer Prices (points) 313 Dec/20
Core Inflation Rate (%) 11.4 Dec/20
Food Inflation (%) 19.56 Dec/20
Cpi Housing Utilities (points) 321 Dec/20
CPI Transportation (points) 316 Dec/20
GDP Deflator (points) 219 Sep/20
Inflation Rate Mom (%) 1.61 Dec/20

Money Last Reference
Interest Rate (%) 11.5 Jan/21
Cash Reserve Ratio (%) 27.5 Feb/21
Money Supply M0 (NGN Million) 2908462 Dec/20
Money Supply M1 (NGN Million) 15923942 Dec/20
Money Supply M2 (NGN Million) 37957589 Dec/20
Foreign Exchange Reserves (USD Million) 35360 Dec/20
Deposit Interest Rate (%) 2.74 Dec/20
Lending Rate (%) 11.35 Dec/20

Trade Last Reference
Balance of Trade (NGN Millions) -830085 Sep/20
Current Account (USD Million) -3338 Sep/20
Current Account to GDP (%) -3.6 Dec/19
Exports (NGN Millions ) 896198 Sep/20
Imports (NGN Millions ) 1726283 Sep/20
Terms of Trade (points) 103 Mar/20
Capital Flows (USD Million) 2664 Sep/20
Foreign Direct Investment (USD Million) 428 Mar/20
Gold Reserves (Tonnes) 21.37 Sep/20
Crude Oil Production (BBL/D/1K) 1382 Jan/21
External Debt (USD Million) 31985 Sep/20
Non Oil Exports (NGN Million) 154579 Sep/20
Oil Exports (NGN Million) 741619 Sep/20
Remittances (USD Million) 3871 Sep/20
Terrorism Index 8.31 Dec/19

Government Last Reference
Government Debt to GDP (%) 29.1 Dec/19
Government Budget (% of GDP) -3.4 Dec/19
Government Revenues (NGN Billion) 842 Sep/20
Credit Rating 28 Feb/21
Fiscal Expenditure (NGN Billion) 2131 Sep/20
Government Budget Value (NGN Billion) -1289 Sep/20
Government Debt (USD Million) 84574 Sep/20
Government Spending (NGN Million) 2339713 Jun/20
Military Expenditure (USD Million) 1907 Dec/18

Taxes Last Reference
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Sales Tax Rate (%) 7.5 Feb/20

Business Last Reference
Business Confidence (points) -15.2 Dec/20
Industrial Production (%) -10.3 Sep/20
Manufacturing Production (%) -10.3 Sep/20
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 43.8 Sep/20
Changes In Inventories (NGN Million) 90065 Jun/20
Competitiveness Index (Points) 48.33 Dec/19
Competitiveness Rank 116 Dec/19
Composite PMI (points) 50.7 Jan/21
Corruption Index (Points) 25 Dec/20
Corruption Rank 149 Dec/20
Crude Oil Rigs 6 Jan/21
Ease of Doing Business 131 Dec/19
Manufacturing PMI (points) 49.6 Dec/20
Mining Production (%) -27.2 Mar/20
Services PMI (points) 45.7 Dec/20

Consumer Last Reference
Consumer Confidence (points) -14.8 Dec/20
Consumer Spending (NGN Million) 10240514 Jun/20
Disposable Personal Income (NGN Million) 17270558 Jun/20
Private Sector Credit (NGN Million) 30167136 Dec/20
Gasoline Prices (USD/Liter) 0.46 Jan/21

Health Last Reference
Coronavirus Cases (Persons) 141447 Feb/21
Coronavirus Deaths (Persons) 1694 Feb/21
Coronavirus Recovered (Persons) 116947 Feb/21


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.