Markets Last Reference
Currency 381 May/21
Stock Market (points) 39457 May/21
Government Bond 10y (%) 13.14 May/21

Overview Last Reference
GDP Growth Rate (%) 9.68 Dec/20
GDP Annual Growth Rate (%) 0.11 Dec/20
Unemployment Rate (%) 33.3 Dec/20
Inflation Rate (%) 18.17 Mar/21
Interest Rate (%) 11.5 Mar/21
Cash Reserve Ratio (%) 27.5 Apr/21
Balance of Trade (NGN Millions) -588677 Dec/20
Current Account (USD Million) -3338 Sep/20
Current Account to GDP (%) -3.6 Dec/19
Government Debt to GDP (%) 34.98 Dec/20
Government Budget (% of GDP) -3.8 Dec/20
Business Confidence (points) -15.2 Dec/20
Consumer Confidence (points) -14.8 Dec/20
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Coronavirus Cases (Persons) 165233 May/21
Coronavirus Deaths (Persons) 2063 May/21
Coronavirus Recovered (Persons) 155371 May/21

GDP Last Reference
GDP Growth Rate (%) 9.68 Dec/20
GDP Annual Growth Rate (%) 0.11 Dec/20
GDP (USD Billion) 448 Dec/19
GDP Constant Prices (NGN Million) 19550148 Dec/20
Gross Fixed Capital Formation (NGN Million) 2944319 Dec/20
GDP per capita (USD) 2387 Dec/19
GDP per capita PPP (USD) 5136 Dec/19
GDP From Agriculture (NGN Million) 5268290 Dec/20
GDP From Construction (NGN Million) 679255 Dec/20
GDP From Manufacturing (NGN Million) 1681421 Dec/20
GDP From Mining (NGN Million) 1147138 Dec/20
GDP From Public Administration (NGN Millions ) 435518 Dec/20
GDP From Services (NGN Millions ) 7707177 Dec/20
GDP From Transport (NGN Millions ) 258748 Dec/20
GDP From Utilities (NGN Million) 118495 Dec/20

Labour Last Reference
Unemployment Rate (%) 33.3 Dec/20
Population (Million) 206 Dec/20
Employed Persons (Thousand) 58527 Jun/20
Employment Rate (%) 66.7 Dec/20
Minimum Wages (NGN/Month) 30000 Jan/21
Unemployed Persons (Thousand) 23187 Dec/20
Youth Unemployment Rate (%) 53.4 Dec/20

Prices Last Reference
Inflation Rate (%) 18.17 Mar/21
Consumer Price Index CPI (points) 372 Mar/21
Core Consumer Prices (points) 324 Mar/21
Core Inflation Rate (%) 12.67 Mar/21
Food Inflation (%) 22.95 Mar/21
Cpi Housing Utilities (points) 330 Mar/21
CPI Transportation (points) 328 Mar/21
GDP Deflator (points) 224 Dec/20
Inflation Rate Mom (%) 1.56 Mar/21

Health Last Reference
Coronavirus Vaccination Rate (doses per 100 people) 0.6 May/21
Coronavirus Vaccination Total (doses) 1246845 May/21
Coronavirus Cases (Persons) 165233 May/21
Coronavirus Deaths (Persons) 2063 May/21
Coronavirus Recovered (Persons) 155371 May/21

Money Last Reference
Interest Rate (%) 11.5 Mar/21
Cash Reserve Ratio (%) 27.5 Apr/21
Money Supply M0 (NGN Million) 2808734 Mar/21
Money Supply M1 (NGN Million) 16186616 Mar/21
Money Supply M2 (NGN Million) 38026971 Mar/21
Foreign Exchange Reserves (USD Million) 34940 Apr/21
Deposit Interest Rate (%) 3.05 Mar/21
Lending Rate (%) 11.13 Mar/21

Trade Last Reference
Balance of Trade (NGN Millions) -588677 Dec/20
Current Account (USD Million) -3338 Sep/20
Current Account to GDP (%) -3.6 Dec/19
Exports (NGN Millions ) 1171043 Dec/20
Imports (NGN Millions ) 1759720 Dec/20
Terms of Trade (points) 100 Dec/20
Capital Flows (USD Million) 2664 Sep/20
Foreign Direct Investment (USD Million) 439 Dec/20
Gold Reserves (Tonnes) 21.46 Dec/20
Crude Oil Production (BBL/D/1K) 1429 Mar/21
External Debt (USD Million) 33348 Dec/20
Non Oil Exports (NGN Million) 291221 Dec/20
Oil Exports (NGN Million) 879822 Dec/20
Remittances (USD Million) 3871 Sep/20
Terrorism Index 8.31 Dec/19

Government Last Reference
Government Debt to GDP (%) 34.98 Dec/20
Government Budget (% of GDP) -3.8 Dec/20
Government Revenues (NGN Billion) 904 Dec/20
Credit Rating 28 May/21
Fiscal Expenditure (NGN Billion) 2387 Dec/20
Government Budget Value (NGN Billion) -1484 Dec/20
Government Debt (USD Million) 86393 Dec/20
Government Spending (NGN Million) 1409721 Dec/20
Military Expenditure (USD Million) 1876 Dec/19

Taxes Last Reference
Corporate Tax Rate (%) 30 Dec/20
Personal Income Tax Rate (%) 24 Dec/20
Sales Tax Rate (%) 7.5 Dec/21

Business Last Reference
Business Confidence (points) -15.2 Dec/20
Industrial Production (%) 1.6 Dec/20
Manufacturing Production (%) -1.3 Dec/20
Internet Speed (KBps) 3854 Mar/17
IP Addresses (IP) 209207 Mar/17
Capacity Utilization (%) 45.4 Dec/20
Changes In Inventories (NGN Million) 133483 Dec/20
Competitiveness Index (Points) 48.33 Dec/19
Competitiveness Rank 116 Dec/19
Composite PMI (points) 52.9 Apr/21
Corruption Index (Points) 25 Dec/20
Corruption Rank 149 Dec/20
Crude Oil Rigs 6 Mar/21
Ease of Doing Business 131 Dec/19
Manufacturing PMI (points) 49.6 Dec/20
Mining Production (%) 9.2 Dec/20
Services PMI (points) 45.7 Dec/20

Consumer Last Reference
Consumer Confidence (points) -14.8 Dec/20
Consumer Spending (NGN Million) 14347659 Dec/20
Disposable Personal Income (NGN Million) 20329673 Dec/20
Private Sector Credit (NGN Million) 31245161 Mar/21
Gasoline Prices (USD/Liter) 0.46 Apr/21


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.