Markets Last Reference
Currency 306 Jan/20
Stock Market (points) 29711 Jan/20
Government Bond 10y (%) 11.37 Jan/20
Overview Last Reference
GDP Growth Rate (%) 9.23 Sep/19
GDP Annual Growth Rate (%) 2.28 Sep/19
Unemployment Rate (%) 23.1 Sep/18
Inflation Rate (%) 11.98 Dec/19
Interest Rate (%) 13.5 Dec/19
Cash Reserve Ratio (%) 22.5 Jan/20
Balance of Trade (NGN Millions) 1079173 Sep/19
Current Account (USD Million) -2796 Sep/19
Current Account to GDP (%) 2.3 Dec/18
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -2.8 Dec/18
Business Confidence (points) 30.3 Dec/19
Consumer Confidence (points) 3.3 Dec/19
Corporate Tax Rate (%) 30 Dec/18
Personal Income Tax Rate (%) 24 Dec/18
GDP Last Reference
GDP Growth Rate (%) 9.23 Sep/19
GDP Annual Growth Rate (%) 2.28 Sep/19
GDP (USD Billion) 397 Dec/18
GDP Constant Prices (NGN Million) 18697324 Sep/19
Gross Fixed Capital Formation (NGN Million) 2798506 Mar/19
GDP per capita (USD) 2396 Dec/18
GDP per capita PPP (USD) 5316 Dec/18
GDP From Agriculture (NGN Million) 5408979 Sep/19
GDP From Construction (NGN Million) 557148 Sep/19
GDP From Manufacturing (NGN Million) 1616585 Sep/19
GDP From Mining (NGN Million) 1806747 Sep/19
GDP From Public Administration (NGN Millions ) 367755 Sep/19
GDP From Services (NGN Millions ) 6517284 Jun/19
GDP From Transport (NGN Millions ) 261810 Sep/19
GDP From Utilities (NGN Million) 117091 Jun/19
Labour Last Reference
Unemployment Rate (%) 23.1 Sep/18
Population (Million) 196 Dec/18
Employed Persons (Thousand) 69543 Sep/18
Employment Rate (%) 76.9 Sep/18
Living Wage Family (NGN/Month) 137600 Dec/18
Living Wage Individual (NGN/Month) 43200 Dec/18
Minimum Wages (NGN/Month) 30000 Apr/19
Unemployed Persons (Thousand) 20928 Sep/18
Wages High Skilled (NGN/Month) 57200 Dec/18
Wages Low Skilled (NGN/Month) 25500 Dec/18
Youth Unemployment Rate (%) 36.5 Sep/18
Prices Last Reference
Inflation Rate (%) 11.98 Dec/19
Consumer Price Index CPI (points) 308 Dec/19
Core Consumer Prices (points) 281 Dec/19
Core Inflation Rate (%) 9.3 Dec/19
Food Inflation (%) 14.67 Dec/19
Cpi Housing Utilities (points) 294 Dec/19
CPI Transportation (points) 279 Dec/19
GDP Deflator (points) 204 Sep/19
Inflation Rate Mom (%) 0.85 Dec/19
Money Last Reference
Interest Rate (%) 13.5 Dec/19
Cash Reserve Ratio (%) 22.5 Jan/20
Money Supply M0 (NGN Million) 2203274 Nov/19
Money Supply M1 (NGN Million) 10930573 Nov/19
Money Supply M2 (NGN Million) 28415372 Nov/19
Foreign Exchange Reserves (USD Million) 38684 Dec/19
Deposit Interest Rate (%) 8.7 Oct/19
Lending Rate (%) 15.11 Nov/19
Trade Last Reference
Balance of Trade (NGN Millions) 1079173 Sep/19
Current Account (USD Million) -2796 Sep/19
Current Account to GDP (%) 2.3 Dec/18
Exports (NGN Millions ) 2218986 Sep/19
Imports (NGN Millions ) 1139813 Sep/19
Terms of Trade (points) 104 Jun/19
Capital Flows (USD Million) 11354 Sep/19
Foreign Direct Investment (USD Million) 910 Jun/19
Gold Reserves (Tonnes) 21.46 Dec/19
Crude Oil Production (BBL/D/1K) 1780 Oct/19
External Debt (USD Million) 27163 Jun/19
Remittances (USD Million) 5783 Sep/19
Terrorism Index 8.6 Dec/18
Government Last Reference
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -2.8 Dec/18
Government Revenues (NGN Billion) 1027 Sep/19
Credit Rating 31 Jan/20
Fiscal Expenditure (NGN Billion) 1407 Sep/19
Government Budget Value (NGN Billion) -380 Sep/19
Government Debt (USD Million) 83883 Jun/19
Government Spending (NGN Million) 929917 Mar/19
Military Expenditure (USD Million) 1907 Dec/18
Taxes Last Reference
Corporate Tax Rate (%) 30 Dec/18
Personal Income Tax Rate (%) 24 Dec/18
Sales Tax Rate (%) 5 Dec/19
Business Last Reference
Business Confidence (points) 30.3 Dec/19
Industrial Production (%) -2.9 Sep/19
Manufacturing Production (%) 2 Sep/19
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 55 Dec/18
Changes In Inventories (NGN Million) 156043 Mar/19
Competitiveness Index (Points) 48.33 Dec/19
Competitiveness Rank 116 Dec/19
Composite Pmi (points) 56.8 Dec/19
Corruption Index (Points) 27 Dec/18
Corruption Rank 144 Dec/18
Crude Oil Rigs 17 Dec/19
Ease of Doing Business 131 Dec/19
Manufacturing Pmi (points) 60.8 Dec/19
Mining Production (%) 5.7 Sep/19
Services Pmi (points) 62.1 Dec/19
Consumer Last Reference
Consumer Confidence (points) 3.3 Dec/19
Consumer Spending (NGN Million) 10042168 Mar/19
Disposable Personal Income (NGN Million) 17580757 Mar/19
Private Sector Credit (NGN Million) 26412743 Nov/19
Gasoline Prices (USD/Liter) 0.47 Dec/19


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.