Markets Last Reference
Currency 306 May/19
Stock Market (points) 30700 May/19
Government Bond 10y (%) 14.31 May/19
Overview Last Reference
GDP Growth Rate (%) -13.77 Mar/19
GDP Annual Growth Rate (%) 2.01 Mar/19
Unemployment Rate (%) 23.1 Sep/18
Inflation Rate (%) 11.37 Apr/19
Interest Rate (%) 13.5 May/19
Cash Reserve Ratio (%) 22.5 May/19
Balance of Trade (NGN Millions) 789469 Dec/18
Current Account (USD Million) 1105 Dec/18
Current Account to GDP (%) 2 Dec/17
Government Debt to GDP (%) 21.3 Dec/17
Government Budget (% of GDP) -5.1 Dec/17
Business Confidence (Index Points) 28.2 Mar/19
Consumer Confidence (Index Points) 4.8 Mar/19
Corporate Tax Rate (%) 30 Dec/18
Personal Income Tax Rate (%) 24 Dec/18
GDP Last Reference
GDP Growth Rate (%) -13.77 Mar/19
GDP Annual Growth Rate (%) 2.01 Mar/19
GDP (USD Billion) 376 Dec/17
GDP Constant Prices (NGN Million) 16555184 Mar/19
Gross Fixed Capital Formation (NGN Million) 2742193 Jun/18
GDP per capita (USD) 2412 Dec/17
GDP per capita PPP (USD) 5338 Dec/17
GDP From Agriculture (NGN Million) 3597916 Mar/19
GDP From Construction (NGN Million) 671448 Mar/19
GDP From Manufacturing (NGN Million) 1608462 Mar/19
GDP From Mining (NGN Million) 1500082 Mar/19
GDP From Public Administration (NGN Millions ) 307550 Mar/19
GDP From Services (NGN Millions ) 7196010 Dec/18
GDP From Transport (NGN Millions ) 288637 Mar/19
GDP From Utilities (NGN Million) 64825 Mar/19
Labour Last Reference
Unemployment Rate (%) 23.1 Sep/18
Population (Million) 191 Dec/17
Employed Persons (Thousand) 69543 Sep/18
Employment Rate (%) 81.2 Sep/17
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 (%) 11.37 Apr/19
Consumer Price Index CPI (Index Points) 284 Apr/19
Core Consumer Prices (Index Points) 264 Apr/19
Core Inflation Rate (%) 9.3 Apr/19
Food Inflation (%) 13.7 Apr/19
Cpi Housing Utilities (Index Points) 280 Apr/19
CPI Transportation (Index Points) 263 Apr/19
GDP Deflator (Index Points) 194 Mar/19
Inflation Rate Mom (%) 0.9 Apr/19
Money Last Reference
Interest Rate (%) 13.5 May/19
Cash Reserve Ratio (%) 22.5 May/19
Money Supply M0 (NGN Million) 2158699 Apr/19
Money Supply M1 (NGN Million) 11252430 Apr/19
Money Supply M2 (NGN Million) 35167530 Apr/19
Foreign Exchange Reserves (USD Million) 44790 Apr/19
Deposit Interest Rate (%) 9.69 Jan/19
Lending Rate (%) 18.23 Apr/19
Money Supply M3 (NGN Million) 35116968 Oct/18
Trade Last Reference
Balance of Trade (NGN Millions) 789469 Dec/18
Current Account (USD Million) 1105 Dec/18
Current Account to GDP (%) 2 Dec/17
Exports (NGN Millions ) 1733085 Dec/18
Imports (NGN Millions ) 943616 Dec/18
Terms of Trade (Index Points) 95.1 Dec/18
Capital Flows (USD Million) -2328 Dec/18
Foreign Direct Investment (USD Million) 439 Sep/18
Gold Reserves (Tonnes) 21.4 Mar/19
Crude Oil Production (BBL/D/1K) 1779 Apr/19
External Debt (USD Million) 21592 Dec/18
Terrorism Index 8.66 Dec/17
Government Last Reference
Government Debt to GDP (%) 21.3 Dec/17
Government Budget (% of GDP) -5.1 Dec/17
Government Revenues (NGN Billion) 680 Jun/18
Credit Rating 27.58
Fiscal Expenditure (NGN Billion) 1077 Jun/18
Government Budget Value (NGN Billion) -397 Jun/18
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/18
Business Last Reference
Business Confidence (Index Points) 28.2 Mar/19
Industrial Production (%) 11.5 Dec/18
Manufacturing Production (%) 0.2 Dec/18
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 55.5 Apr/19
Corruption Index (Points) 27 Dec/18
Corruption Rank 144 Dec/18
Crude Oil Rigs 14 Mar/19
Ease of Doing Business 146 Dec/18
Manufacturing Pmi 57.8 May/19
Mining Production (%) 28 Dec/18
Services Pmi 58.9 May/19
Consumer Last Reference
Consumer Confidence (Index Points) 4.8 Mar/19
Consumer Spending (NGN Million) 10134920 Jun/18
Disposable Personal Income (NGN Million) 16922083 Jun/18
Private Sector Credit (NGN Million) 24896673 Apr/19
Gasoline Prices (USD/Liter) 0.47 Apr/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.