Markets Last Reference
Currency 381 Oct/20
Stock Market (points) 28778 Oct/20
Government Bond 10y (%) 4.16 Oct/20

Overview Last Reference
GDP Growth Rate (%) -5 Jun/20
GDP Annual Growth Rate (%) -6.1 Jun/20
Unemployment Rate (%) 27.1 Jun/20
Inflation Rate (%) 13.71 Sep/20
Interest Rate (%) 11.5 Sep/20
Cash Reserve Ratio (%) 27.5 Oct/20
Balance of Trade (NGN Millions) -807170 Jun/20
Current Account (USD Million) -3232 Jun/20
Current Account to GDP (%) -3.6 Dec/19
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -3.4 Dec/19
Business Confidence (points) -17 Sep/20
Consumer Confidence (points) -29.2 Jun/20
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Coronavirus Cases (Persons) 61992 Oct/20
Coronavirus Deaths (Persons) 1130 Oct/20
Coronavirus Recovered (Persons) 57190 Oct/20

GDP Last Reference
GDP Growth Rate (%) -5 Jun/20
GDP Annual Growth Rate (%) -6.1 Jun/20
GDP (USD Billion) 448 Dec/19
GDP Constant Prices (NGN Million) 16044514 Jun/20
Gross Fixed Capital Formation (NGN Million) 2976480 Dec/19
GDP per capita (USD) 2387 Dec/19
GDP per capita PPP (USD) 5136 Dec/19
GDP From Agriculture (NGN Million) 3918668 Jun/20
GDP From Construction (NGN Million) 513692 Jun/20
GDP From Manufacturing (NGN Million) 1402571 Jun/20
GDP From Mining (NGN Million) 1419038 Jun/20
GDP From Public Administration (NGN Millions ) 374512 Jun/20
GDP From Services (NGN Millions ) 6350209 Jun/20
GDP From Transport (NGN Millions ) 118655 Jun/20
GDP From Utilities (NGN Million) 117017 Jun/20

Labour Last Reference
Unemployment Rate (%) 27.1 Jun/20
Population (Million) 200 Dec/19
Employed Persons (Thousand) 69543 Sep/18
Employment Rate (%) 76.9 Sep/18
Minimum Wages (NGN/Month) 30000 Jan/20
Unemployed Persons (Thousand) 20928 Sep/18
Youth Unemployment Rate (%) 36.5 Sep/18

Prices Last Reference
Inflation Rate (%) 13.71 Sep/20
Consumer Price Index CPI (points) 340 Sep/20
Core Consumer Prices (points) 303 Sep/20
Core Inflation Rate (%) 10.6 Sep/20
Food Inflation (%) 16.66 Sep/20
Cpi Housing Utilities (points) 313 Sep/20
CPI Transportation (points) 304 Sep/20
GDP Deflator (points) 214 Jun/20
Inflation Rate Mom (%) 1.48 Sep/20

Money Last Reference
Interest Rate (%) 11.5 Sep/20
Cash Reserve Ratio (%) 27.5 Oct/20
Money Supply M0 (NGN Million) 2395917 Aug/20
Money Supply M1 (NGN Million) 12582151 Aug/20
Money Supply M2 (NGN Million) 33346630 Aug/20
Foreign Exchange Reserves (USD Million) 35660 Aug/20
Deposit Interest Rate (%) 4.05 Aug/20
Lending Rate (%) 11.76 Aug/20

Trade Last Reference
Balance of Trade (NGN Millions) -807170 Jun/20
Current Account (USD Million) -3232 Jun/20
Current Account to GDP (%) -3.6 Dec/19
Exports (NGN Millions ) 782851 Jun/20
Imports (NGN Millions ) 1590022 Jun/20
Terms of Trade (points) 103 Mar/20
Capital Flows (USD Million) 4146 Jun/20
Foreign Direct Investment (USD Million) 428 Mar/20
Gold Reserves (Tonnes) 21.5 Jun/20
Crude Oil Production (BBL/D/1K) 1310 Sep/20
External Debt (USD Million) 31477 Jun/20
Non Oil Exports (NGN Million) 159580 Jun/20
Oil Exports (NGN Million) 623271 Jun/20
Remittances (USD Million) 3373 Jun/20
Terrorism Index 8.6 Dec/18

Government Last Reference
Government Debt to GDP (%) 17.5 Dec/18
Government Budget (% of GDP) -3.4 Dec/19
Government Revenues (NGN Billion) 939 Dec/19
Credit Rating 28 Oct/20
Fiscal Expenditure (NGN Billion) 2074 Dec/19
Government Budget Value (NGN Billion) -1136 Dec/19
Government Debt (USD Million) 85897 Jun/20
Government Spending (NGN Million) 1082949 Dec/19
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) -17 Sep/20
Industrial Production (%) 25.1 Dec/19
Manufacturing Production (%) -1.9 Dec/19
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 55 Dec/18
Changes In Inventories (NGN Million) 146696 Dec/19
Competitiveness Index (Points) 48.33 Dec/19
Competitiveness Rank 116 Dec/19
Composite Pmi (points) 52.5 Sep/20
Corruption Index (Points) 26 Dec/19
Corruption Rank 146 Dec/19
Crude Oil Rigs 10 Sep/20
Ease of Doing Business 131 Dec/19
Manufacturing Pmi (points) 46.9 Sep/20
Mining Production (%) 0.1 Dec/19
Services Pmi (points) 41.9 Sep/20

Consumer Last Reference
Consumer Confidence (points) -29.2 Jun/20
Consumer Spending (NGN Million) 12193024 Dec/19
Disposable Personal Income (NGN Million) 19718834 Dec/19
Private Sector Credit (NGN Million) 30189265 Aug/20
Gasoline Prices (USD/Liter) 0.4 Sep/20

Health Last Reference
Coronavirus Cases (Persons) 61992 Oct/20
Coronavirus Deaths (Persons) 1130 Oct/20
Coronavirus Recovered (Persons) 57190 Oct/20


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.