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Currency 415 415
Stock Market 51791 51830 points
GDP Growth Rate -14.66 9.63 percent
GDP Annual Growth Rate 3.11 3.98 percent
Unemployment Rate 33.3 27.1 percent
Inflation Rate 17.71 16.82 percent
Interest Rate 13 11.5 percent
Cash Reserve Ratio 27.5 27.5 percent
Balance of Trade 971382 42987 NGN Millions
Current Account 3680 -424 USD Million
Current Account to GDP -2.8 -4.2 percent of GDP
Government Debt to GDP 37 34.5 percent of GDP
Government Budget -4.7 -4 percent of GDP
Corporate Tax Rate 30 30 percent
Personal Income Tax Rate 24 24 percent
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GDP Growth Rate -14.66 9.63 percent
GDP Annual Growth Rate 3.11 3.98 percent
GDP 432 448 USD Billion
GDP Constant Prices 17349381 20329062 NGN Million
Gross Fixed Capital Formation 2853508 2427910 NGN Million
GDP per capita 2396 2503 USD
GDP per capita PPP 4917 5136 USD
Full Year GDP Growth 3.4 -1.92 percent
GDP From Agriculture 3879732 5456896 NGN Million
GDP From Construction 725999 702726 NGN Million
GDP From Manufacturing 1768820 1719789 NGN Million
GDP From Mining 1150852 1054721 NGN Million
GDP From Public Administration 283591 440437 NGN Millions
GDP From Services 8147459 6545197 NGN Millions
GDP From Transport 191448 335660 NGN Millions
GDP From Utilities 71775 128311 NGN Million
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Unemployment Rate 33.3 27.1 percent
Population 206 200 Million
Employed Persons 46488 58527 Thousand
Employment Rate 66.7 72.9 percent
Minimum Wages 30000 30000 NGN/Month
Unemployed Persons 23187 21765 Thousand
Youth Unemployment Rate 53.4 40.8 percent
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Inflation Rate 17.71 16.82 percent
Consumer Price Index CPI 447 439 points
Core Consumer Prices 380 373 points
Core Inflation Rate 14.9 14.18 percent
Food Inflation 19.5 18.37 percent
CPI Housing Utilities 381 376 points
CPI Transportation 390 384 points
GDP Deflator 242 243 points
Inflation Rate Mom 1.78 1.76 percent
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Coronavirus Vaccination Rate 23.94 21.94 doses per 100 people
Coronavirus Vaccination Total 50619238 46391592 doses
Coronavirus Cases 257290 256958 Persons
Coronavirus Deaths 3144 3143 Persons
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Interest Rate 13 11.5 percent
Cash Reserve Ratio 27.5 27.5 percent
Interbank Rate 9.89 9.89 percent
Money Supply M0 3331796 3308553 NGN Million
Money Supply M1 20608107 19850944 NGN Million
Money Supply M2 48555975 47213250 NGN Million
Foreign Exchange Reserves 39090 38540 USD Million
Deposit Interest Rate 4.44 4.41 percent
Lending Rate 11.83 11.84 percent
Money Supply M3 46542025 45654456 NGN Million
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Balance of Trade 971382 42987 NGN Millions
Current Account 3680 -424 USD Million
Current Account to GDP -2.8 -4.2 percent of GDP
Exports 2805450 2095513 NGN Millions
Imports 1834067 2052526 NGN Millions
Terms of Trade 101 102 points
Capital Flows 2574 2106 USD Million
Foreign Direct Investment 1564 2138 USD Million
Gold Reserves 21.37 21.37 Tonnes
Crude Oil Production 1024 1219 BBL/D/1K
External Debt 39969 38391 USD Million
Non Oil Exports 453527 553554 NGN Million
Oil Exports 1270800 1511559 NGN Million
Remittances 4972 4922 USD Million
Terrorism Index 8.31 8.6
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Government Debt to GDP 37 34.5 percent of GDP
Government Budget -4.7 -4 percent of GDP
Government Revenues 1114 1330 NGN Billion
Credit Rating 28
Fiscal Expenditure 3154 3165 NGN Billion
Government Budget Value -2039 -1835 NGN Billion
Government Debt 100070 95780 USD Million
Government Spending 1173404 1142918 NGN Million
Military Expenditure 2403 1860 USD Million
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Corporate Tax Rate 30 30 percent
Personal Income Tax Rate 24 24 percent
Sales Tax Rate 7.5 7.5 percent
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Industrial Production -2.6 -2.2 percent
Manufacturing Production 4.3 3.5 percent
Internet Speed 3854 4129 KBps
IP Addresses 209207 194830 IP
Capacity Utilization 55.8 54.7 percent
Changes In Inventories 91697 121579 NGN Million
Competitiveness Index 48.33 47.53 Points
Competitiveness Rank 116 115
Composite PMI 50.9 53.9 points
Corruption Index 24 25 Points
Corruption Rank 154 149
Crude Oil Rigs 8 6
Ease of Doing Business 131 146
Manufacturing PMI 50.1 51.4 points
Mining Production -10.6 -12.3 percent
Services PMI 49 49.01 points
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Consumer Spending 14926584 13626034 NGN Million
Disposable Personal Income 20014611 18655213 NGN Million
Private Sector Credit 38195688 37680749 NGN Million
Gasoline Prices 0.4 0.4 USD/Liter


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Nigeria Indicators - was last updated on Monday, July 4, 2022.