Markets Last Reference
Currency 307 Sep/19
Stock Market (points) 27699 Sep/19
Government Bond 10y (%) 14.25 Sep/19
Overview Last Reference
GDP Growth Rate (%) 2.85 Jun/19
GDP Annual Growth Rate (%) 1.94 Jun/19
Unemployment Rate (%) 23.1 Sep/18
Inflation Rate (%) 11.02 Aug/19
Interest Rate (%) 13.5 Sep/19
Cash Reserve Ratio (%) 22.5 Sep/19
Balance of Trade (NGN Millions) 408661 Jun/19
Current Account (USD Million) -2859 Jun/19
Current Account to GDP (%) 2.3 Dec/18
Government Debt to GDP (%) 18.2 Dec/17
Government Budget (% of GDP) -2.8 Dec/18
Business Confidence (Index Points) 28.6 Aug/19
Consumer Confidence (Index Points) 1.2 Jun/19
Corporate Tax Rate (%) 30 Dec/18
Personal Income Tax Rate (%) 24 Dec/18
GDP Last Reference
GDP Growth Rate (%) 2.85 Jun/19
GDP Annual Growth Rate (%) 1.94 Jun/19
GDP (USD Billion) 397 Dec/18
GDP Constant Prices (NGN Million) 17047427 Jun/19
Gross Fixed Capital Formation (NGN Million) 2742193 Jun/18
GDP per capita (USD) 2396 Dec/18
GDP per capita PPP (USD) 5316 Dec/18
GDP From Agriculture (NGN Million) 3857706 Jun/19
GDP From Construction (NGN Million) 752834 Jun/19
GDP From Manufacturing (NGN Million) 1537522 Jun/19
GDP From Mining (NGN Million) 1491129 Jun/19
GDP From Public Administration (NGN Millions ) 367112 Jun/19
GDP From Services (NGN Millions ) 6517284 Jun/19
GDP From Transport (NGN Millions ) 233706 Jun/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 Mar/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 (%) 11.02 Aug/19
Consumer Price Index CPI (Index Points) 296 Aug/19
Core Consumer Prices (Index Points) 272 Aug/19
Core Inflation Rate (%) 8.7 Aug/19
Food Inflation (%) 13.17 Aug/19
Cpi Housing Utilities (Index Points) 287 Aug/19
CPI Transportation (Index Points) 270 Aug/19
GDP Deflator (Index Points) 207 Jun/19
Inflation Rate Mom (%) 1 Jul/19
Money Last Reference
Interest Rate (%) 13.5 Sep/19
Cash Reserve Ratio (%) 22.5 Sep/19
Money Supply M0 (NGN Million) 2003091 Jul/19
Money Supply M1 (NGN Million) 11435793 Jul/19
Money Supply M2 (NGN Million) 28268926 Jul/19
Foreign Exchange Reserves (USD Million) 43730 Aug/19
Deposit Interest Rate (%) 9.48 Mar/19
Lending Rate (%) 15.33 May/19
Trade Last Reference
Balance of Trade (NGN Millions) 408661 Jun/19
Current Account (USD Million) -2859 Jun/19
Current Account to GDP (%) 2.3 Dec/18
Exports (NGN Millions ) 1451096 Jun/19
Imports (NGN Millions ) 1042435 Jun/19
Terms of Trade (Index Points) 101 Mar/19
Capital Flows (USD Million) -3297 Jun/19
Foreign Direct Investment (USD Million) 910 Jun/19
Gold Reserves (Tonnes) 21.46 Sep/19
Crude Oil Production (BBL/D/1K) 1905 Aug/19
External Debt (USD Million) 25610 Mar/19
Remittances (USD Million) 5917 Jun/19
Terrorism Index 8.66 Dec/17
Government Last Reference
Government Debt to GDP (%) 18.2 Dec/17
Government Budget (% of GDP) -2.8 Dec/18
Government Revenues (NGN Billion) 799 Mar/19
Credit Rating 27.58
Fiscal Expenditure (NGN Billion) 1197 Mar/19
Government Budget Value (NGN Billion) -398 Mar/19
Government Debt (USD Million) 81274 Mar/19
Government Spending (NGN Million) 842195 Jun/18
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 (Index Points) 28.6 Aug/19
Industrial Production (%) -10.5 Mar/19
Manufacturing Production (%) 0.4 Mar/19
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 55 Dec/18
Changes In Inventories (NGN Million) 178909 Jun/18
Competitiveness Index (Points) 47.53 Dec/18
Competitiveness Rank 115 Dec/18
Composite Pmi 56.4 Aug/19
Corruption Index (Points) 27 Dec/18
Corruption Rank 144 Dec/18
Crude Oil Rigs 15 Aug/19
Ease of Doing Business 146 Dec/18
Manufacturing Pmi 57.9 Aug/19
Mining Production (%) -25.9 Mar/19
Services Pmi 58.8 Aug/19
Consumer Last Reference
Consumer Confidence (Index Points) 1.2 Jun/19
Consumer Spending (NGN Million) 10134920 Jun/18
Disposable Personal Income (NGN Million) 16922083 Jun/18
Private Sector Credit (NGN Million) 24274320 Jul/19
Gasoline Prices (USD/Liter) 0.47 Aug/19


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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.