Nigeria

National Accounts Last Frequency Range
Nominal GDP (USD mn) 63,773.0 Jun 2025 quarterly Mar 2010 - Jun 2025
Real GDP Growth (%) 4.2 Jun 2025 quarterly Mar 2011 - Jun 2025
Nominal GDP Growth (%) 17.546 Dec 2025 quarterly Mar 2011 - Dec 2025
GDP per Capita (USD) 2,955.323 2022 yearly 1981 - 2022
GDP Deflator Growth (%) -55.7 Mar 2025 quarterly Mar 2011 - Mar 2025
Private Consumption Expenditure (USD mn) 32,910.143 Dec 2024 quarterly Mar 2010 - Dec 2024
Private Consumption: % of GDP (%) 47.0 2024 yearly 1981 - 2024
Public Consumption Expenditure (USD mn) 3,332.565 Dec 2024 quarterly Mar 2010 - Dec 2024
Public Consumption: % of GDP (%) 4.6 2024 yearly 1981 - 2024
Investment: % of GDP (%) 23.7 2024 yearly 1981 - 2024
Gross Fixed Capital Formation (USD mn) 14,876.726 Dec 2024 quarterly Mar 2010 - Dec 2024
Gross National Product (GNP) (USD mn) 181,127.703 2024 yearly 1960 - 2024
Gross Savings Rate (%) 48.5 2024 yearly 1981 - 2024
Forecast: GDP PPP Per Capita (PPP Intl $) 6,977.346 2028 yearly 1990 - 2028
Forecast: Nominal GDP Per Capita (USD) 3,860.079 2027 yearly 1990 - 2027
Forecast: Real GDP Growth (%) 2.904 2027 yearly 1991 - 2027
Total Trade of Goods & Services: % of Nominal GDP (%) 43.197 Dec 2024 quarterly Mar 2010 - Dec 2024
Production Last Frequency Range
Industrial Production Index Growth (%) 4.0 Jun 2025 quarterly Mar 2011 - Jun 2025
Minerals Production (Metric Ton) 108,414,478.000 2023 yearly 2009 - 2023
Gold Production (kg) 3,400.000 2023 yearly 1993 - 2023
Motor Vehicle Production (Unit) 2,040.000 2008 yearly 1999 - 2008
Industrial Production Index (2010=100) 95.700 Jun 2024 quarterly Mar 2010 - Jun 2024
Industrial Production Index: Manufacturing (2010=100) 175.700 Jun 2024 quarterly Mar 2010 - Jun 2024
Industrial Production Index: Mining (2010=100) 53.400 Jun 2024 quarterly Mar 2010 - Jun 2024
Capacity Utilization Rate: Manufacturing (%) 60.000 Jun 2024 quarterly Dec 2008 - Jun 2024
Electricity Generation: Average per Hour (MWh) 4,953.450 Sep 2025 quarterly Mar 2005 - Sep 2025
Electricity Consumption: Average per Hour (MWh) 4,417.280 Sep 2025 quarterly Mar 2005 - Sep 2025
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 Dec 2024 quarterly Dec 2010 - Dec 2024
Consolidated Fiscal Balance (USD mn) -1,902.660 Dec 2024 quarterly Mar 2005 - Dec 2024
National Government Debt (USD mn) 56,131,610.0 Dec 2025 quarterly Dec 2006 - Dec 2025
Government Debt: % of GDP (%) 18,684.4 Dec 2025 quarterly Dec 2010 - Dec 2025
Forecast: Government Expenditure (NGN bn) 129,829.781 2031 yearly 1990 - 2031
Forecast: Government Net Debt (NGN bn) 318,517.716 2031 yearly 1990 - 2031
Forecast: Government Revenue (NGN bn) 110,023.853 2031 yearly 1990 - 2031
Government Debt: Domestic (NGN bn) 80,488,865.115 Dec 2025 quarterly Dec 2005 - Dec 2025
Federal Govt Balance (NGN bn) -3,084.970 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure: Capital (NGN bn) 958.160 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue (NGN bn) 11,925.570 Sep 2025 quarterly Mar 2005 - Sep 2025
Federal Govt Expenditure: Recurrent (NGN bn) 4,210.940 Dec 2024 quarterly Mar 2005 - Dec 2024
Gross Federation Account Revenue: Oil (NGN bn) 3,518.110 Sep 2025 quarterly Mar 2005 - Sep 2025
Federal Govt Revenue (NGN bn) 2,519.820 Dec 2024 quarterly Mar 2005 - Dec 2024
Federal Govt Expenditure (NGN bn) 5,604.790 Dec 2024 quarterly Mar 2005 - Dec 2024
Demographic and Labour Market Last Frequency Range
Population (Person mn) 221.3 2023 yearly 1950 - 2023
Labour Force Participation Rate (%) 82.5 2025 yearly 1990 - 2025
Employed Persons (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Unemployment Rate (%) 4.30 Jun 2024 quarterly Dec 2022 - Jun 2024
Labour Productivity Growth (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Forecast: Population (Person mn) 250.830 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 22.562 2018 yearly 2010 - 2018
Population: Male (Person mn) 101.447 2017 yearly 2006 - 2017
Population: Female (Person mn) 98.234 2017 yearly 2006 - 2017
Labour Force: Economically Active (Person) 69,675,468.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Employment (Person) 46,488,079.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Unemployment (Person) 23,187,389.000 Dec 2020 quarterly Mar 2012 - Dec 2020
Labour Force: Economically Active: Male (Person) 39,523,050.000 Dec 2020 quarterly Mar 2014 - Dec 2020
Labour Force: Economically Active: Female (Person) 30,152,418.000 Dec 2020 quarterly Mar 2014 - Dec 2020
NG: Employment Index (2010=100) 112.760 2017 yearly 2010 - 2017
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit) 9,800 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) -42.4 2019 yearly 2006 - 2019
Motor Vehicle Sales: Commercial Cars (Unit) 4,700.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 5,100.000 2019 yearly 2005 - 2019
Consumer Confidence: Net Balance (% Point) 28.9 Dec 2020 quarterly Jun 2009 - Dec 2020
Consumer Confidence Growth (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Inflation Last Frequency Range
Consumer Price Index CPI Growth (%) 15.4 Mar 2026 monthly Jan 1961 - Mar 2026
Core CPI Change (%) 16.212 Mar 2026 monthly Jan 1996 - Mar 2026
CPI: Food and Non Alcoholic Beverage Change (%) 14.085 Mar 2026 monthly Jan 1996 - Mar 2026
Forecast: Consumer Price Index Growth (%) 14.000 2028 yearly 1996 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) -1.879 2028 yearly 1991 - 2028
Trade Balance (USD mn) 245.1 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports (USD mn) 4,367.5 Dec 2025 monthly Jan 2003 - Dec 2025
Total Exports Growth (%) -9.2 Dec 2025 monthly Jan 2004 - Dec 2025
Aluminum: Exports (USD th) 242,851.843 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 2,102.688 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 578.589 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,644.8 Jun 2025 monthly Jan 2003 - Jun 2025
Total Imports Growth (%) 9.9 Dec 2025 monthly Jan 2004 - Dec 2025
Imports: Medicament (USD th) 605,905.663 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 335,165.261 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 162.467 Dec 2025 monthly Jan 2003 - Dec 2025
Total Imports from USA (USD mn) 309.728 Dec 2025 monthly Dec 2009 - Dec 2025
Total Exports to China (USD mn) 157.315 Dec 2025 monthly Jan 2007 - Dec 2025
Total Imports from China (USD mn) 1,415.075 Dec 2025 monthly Jan 2007 - Dec 2025
Exports: Vegetable Products (NGN mn) 1,539,822.759 2025 yearly 2003 - 2025
Exports: Mineral Products (NGN mn) 73,459,088.314 2025 yearly 2003 - 2025
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) 244,171.194 2025 yearly 2003 - 2025
Exports: America: ow USA (NGN mn) 235,634.548 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow Netherlands (NGN mn) 663,947.498 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Europe: ow UK (NGN mn) 47,516.769 Dec 2025 monthly Jan 2003 - Dec 2025
Exports (NGN mn) 6,334,358.836 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) 1,191,103.588 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Chemicals and Chemical Products (NGN mn) 999,721.947 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Manufactured Goods (NGN mn) 621,984.130 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Food and Live Animals (NGN mn) 850,483.714 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Machinery and Transport Equipment (NGN mn) 1,929,321.105 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow Netherlands (NGN mn) 446,202.327 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Asia: ow China (NGN mn) 2,052,359.077 Dec 2025 monthly Jan 2007 - Dec 2025
Imports: Europe: ow Germany (NGN mn) 145,581.678 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: America: ow USA (NGN mn) 449,215.349 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Europe: ow UK (NGN mn) 302,058.111 Dec 2025 monthly Jan 2003 - Dec 2025
Imports (NGN mn) 5,978,855.607 Dec 2025 monthly Jan 2003 - Dec 2025
Exports: Crude Oil (NGN mn) 3,256,138.155 Dec 2025 monthly Jan 2003 - Dec 2025
Total Trade (NGN mn) 12,313,214.443 Dec 2025 monthly Jan 2003 - Dec 2025
Imports: Growth Rate: MoM (%) 14.404 Dec 2025 monthly Jan 2019 - Dec 2025
Exports: Growth Rate: MoM (%) 3.151 Dec 2025 monthly Jan 2019 - Dec 2025
Export Value Index (2015=100) 110.100 2023 yearly 1980 - 2023
Import Value Index (2015=100) 110.300 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -164.4 Sep 2025 quarterly Mar 2008 - Sep 2025
Current Account Balance (USD mn) 3,416.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Current Account Balance: % of GDP (%) 4.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment (USD mn) 718.4 Sep 2025 quarterly Mar 2014 - Sep 2025
Foreign Direct Investment: % of GDP (%) 1.0 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment (USD mn) 2,512.415 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) 3.4 Sep 2025 quarterly Mar 2010 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 402.5 Sep 2025 quarterly Mar 2008 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,109.957 Sep 2025 quarterly Mar 2008 - Sep 2025
External Debt (USD mn) 51,856.0 Dec 2025 quarterly Dec 2006 - Dec 2025
External Debt: % of GDP (%) 12.0 2025 yearly 1985 - 2025
External Debt: Short Term (USD mn) 1,513.7 2022 yearly 2008 - 2022
External Debt: Short Term: % of GDP (%) 0.2 2022 yearly 2008 - 2022
Forecast: Current Account Balance (USD bn) 16.466 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -68,546.495 2024 yearly 2005 - 2024
External Debt: Government (USD mn) 51,856.030 Dec 2025 quarterly Dec 2006 - Dec 2025
External Debt: Government: International Capital Market (USD mn) 18,547.470 Dec 2025 quarterly Mar 2011 - Dec 2025
External Debt: Service Payments (USD mn) 194.440 Dec 2018 quarterly Mar 2008 - Dec 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 6.1 2019 yearly 2003 - 2019
Non-Performing Loans (USD mn) 3,315.011 Mar 2021 quarterly Mar 2007 - Mar 2021
Money Supply M1 (USD mn) 31,944.224 Feb 2026 monthly Apr 1990 - Feb 2026
Money Supply M2 (USD mn) 90,327.599 Feb 2026 monthly Apr 1990 - Feb 2026
M2 Growth (%) 11.2 Feb 2026 monthly Apr 1991 - Feb 2026
Reserve Requirement Ratio (%) 45.0 Apr 2026 monthly Nov 2005 - Apr 2026
Foreign Exchange Reserves (USD mn) 42,772.1 Sep 2025 monthly Jan 1960 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 16.154 Sep 2025 quarterly Dec 2010 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 12.7 Sep 2025 monthly Jan 2003 - Sep 2025
Gold Reserves (USD mn) 2,660.953 Sep 2025 monthly Dec 1950 - Sep 2025
Total Deposits (USD mn) 84,213.801 Dec 2019 monthly Nov 1992 - Dec 2019
Total Deposits Growth (%) 2.6 Dec 2019 monthly Nov 1993 - Dec 2019
Domestic Credit (USD mn) 98,297.6 Feb 2026 monthly Apr 1990 - Feb 2026
Domestic Credit Growth (%) 29.6 Feb 2026 monthly Apr 1991 - Feb 2026
Private Debt: % of Nominal GDP (%) 15.41 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: Liabilities: M2: M1 (NGN mn) 43,536,636.110 Feb 2026 monthly Apr 1990 - Feb 2026
Monetary Survey: Liabilities: Base Money (NGN mn) 38,453,901.510 Feb 2026 monthly Apr 1990 - Feb 2026
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) 79,570,432.440 Feb 2026 monthly Apr 1990 - Feb 2026
Monetary Survey: Liabilities: M2 (NGN mn) 123,107,068.550 Feb 2026 monthly Apr 1990 - Feb 2026
Monetary Survey: Liabilities: M3 (NGN mn) 35,345,802.020 Jun 2020 monthly Nov 1992 - Jun 2020
Non Performing Loans to Gross Loans (%) 5.760 Jun 2025 semiannually Dec 2003 - Jun 2025
Banking Statistics Last Frequency Range
Liquid Assets Ratio (%) 32.5 Mar 2020 monthly Jun 2001 - Mar 2020
Capital Adequacy Ratio (%) 13.8 2022 yearly 2004 - 2022
Interest and Foreign Exchange Rates Last Frequency Range
Bank Lending Rate (% pa) 19.290 Feb 2026 monthly Jan 2000 - Feb 2026
Exchange Rate against USD (USD/NGN) 1,443.350 Nov 2025 monthly Jan 1957 - Nov 2025
Policy Rate (% pa) 26.50 Apr 2026 monthly Jan 2000 - Apr 2026
Short Term Interest Rate (% pa) 23.23 Apr 2026 monthly Jan 2010 - Apr 2026
Real Effective Exchange Rate (2005=100) 101.7 Mar 2026 monthly Dec 1979 - Mar 2026
Energy Last Frequency Range
Electricity Production (GWh) 10,699 Sep 2025 quarterly Mar 2005 - Sep 2025
Natural Gas Production: OPEC: Marketed Production (Cub m mn) 48,665.298 2025 yearly 1960 - 2025
Natural Gas: Exports (Cub m mn) 26,327.726 2025 yearly 1960 - 2025
Crude Oil: Production (Barrel/Day th) 1,463.000 Mar 2026 monthly Jan 2002 - Mar 2026
Crude Oil: Exports (Barrel/Day th) 1,395.750 2025 yearly 1980 - 2025
Tourism Last Frequency Range
Visitor Arrivals (Person) 5,265,000 2016 yearly 1995 - 2016
Visitor Arrivals Growth (%) -12.5 2016 yearly 1996 - 2016
Tourism Revenue (USD mn) 321 2020 yearly 1995 - 2020
Tourism Revenue Growth (%) -78.2 2020 yearly 1996 - 2020
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -3.6 Apr 2026 monthly Jul 2015 - Apr 2026
Financial Market Last Frequency Range
Equity Market Index (03Jan1984=100) 242,277.8 Apr 2026 monthly Jan 1985 - Apr 2026
Market Capitalization: % of GDP (%) 15.1 2025 yearly 1985 - 2025
Market Capitalization (USD mn) 113,496.251 Apr 2026 monthly Jan 1985 - Apr 2026
P/E ratio (NA) 107.985 2021 yearly 2014 - 2021
Market Capitalization: Nigeria Stock Exchange (NGN tn) 139.820 Jul 2025 monthly Jun 2008 - Jul 2025
Shares Trading: Nigeria Stock Exchange: Volume (Unit bn) 17.710 Nov 2025 monthly Jan 2008 - Nov 2025
Shares Trading: Nigeria Stock Exchange: Value (NGN bn) 491.161 Nov 2025 monthly Jan 2008 - Nov 2025
Transport and Telecommunications Last Frequency Range
Registered Motor Vehicles (Unit th) 11,605.207 2020 yearly 2005 - 2020
Container Port Throughput (TEU) 1,566,109.000 2023 yearly 2008 - 2023
Liner Shipping Connectivity Index (2004=100) 18.960 2018 yearly 2004 - 2018
Number of Subscriber Fixed Line (Unit) 102,714.000 2024 yearly 1960 - 2024
Number of Subscriber Mobile (Person) 164,648,433.000 2024 yearly 1960 - 2024
Teledensity: Fixed Line (Number) 0.044 2024 yearly 1960 - 2024
Teledensity: Mobile (Number) 70.762 2024 yearly 1960 - 2024
Exports: ICT Goods (USD th) 1,585.458 2024 yearly 2000 - 2024
Exports: Telecommunication Equipment (USD th) 12,818.371 2024 yearly 1995 - 2024
Exports: Television (USD th) 720.231 2024 yearly 1995 - 2024
Imports: ICT Goods (USD th) 897,548.736 2024 yearly 2000 - 2024
Imports: Telecommunication Equipment (USD th) 924,718.168 2024 yearly 1995 - 2024
Imports: Television (USD th) 152,357.785 2024 yearly 1995 - 2024

More Indicators for Nigeria

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data