Nigeria Economic Indicators
Latest economic indicators and statistics for Nigeria.
| Indicator | Current Value | Previous Value | Frequency | Period |
|---|---|---|---|---|
| Stock Market | 155,645 | 154,489.9 | Daily | Oct 24, 09:30 AM EDT |
| Government Bond Yield | 15.577% | 15.577% | Daily | |
| Currency | 1,459.7 | 1,462.69 | Daily | Oct 24, 08:10 AM EDT |
| GDP | $187.76B | $363.85B | Yearly | 2024 |
| GDP Annual Growth Rate | 3.43% | 2.86% | Yearly | 2024 |
| GDP Growth Rate (QoQ) | 10% | 0% | Quarterly | Q3 2024 |
| GDP Growth Rate (YoY) | 4.2% | 3.1% | Quarterly | Q2 2025 |
| GDP per Capita | $2,447.64 | $2,416.36 | Yearly | 2024 |
| GDP per Capita PPP | $5,665.45 | $5,593.06 | Yearly | 2024 |
| R&D Expenditure (% GDP) | 0.28% | 0.13% | Yearly | 2019 |
| Real GDP | $569.52B | $550.65B | Yearly | 2024 |
| Annual Inflation Rate | 33.24% | 24.66% | Yearly | 2024 |
| Core Inflation Rate | 19.5% | 20.3% | Monthly | Sep'25 |
| Inflation Rate | 18% | 20.1% | Monthly | Sep'25 |
| Inflation Rate MoM | 0.7% | 2% | Monthly | Aug'25 |
| Annual Unemployment Rate | 2.99% | 3.07% | Yearly | 2024 |
| Female Labor Force Rate | 80.71% | 80.77% | Yearly | 2024 |
| Unemployment Rate | 4.3% | 5.3% | Quarterly | Q2 2024 |
| Annual Exports | $52.36B | $65.13B | Yearly | 2024 |
| Annual Imports | $40.97B | $65.05B | Yearly | 2024 |
| Balance of Trade | NGN 3.4T | NGN 2.4T | Monthly | Jun'25 |
| Exports | NGN 7.5T | NGN 8.1T | Monthly | Jun'25 |
| FDI Inflows (% GDP) | 0.58% | 0.51% | Yearly | 2024 |
| Imports | NGN 4.1T | NGN 5.6T | Monthly | Jun'25 |
| Net Trade (Goods & Services, BoP) | -$194.39M | -$5.16B | Yearly | 2024 |
| Tariff Rate | 11.9% | 12.7% | Yearly | 2022 |
| Current Account to GDP Ratio | -0.5% | -0.3% | Yearly | Dec'24 |
| Debt to GDP Ratio | 52.9% | 48.7% | Yearly | Dec'24 |
| Interest Rate | 27% | 27.5% | Daily | Sep 23, 2025 |
| Private Credit (% GDP) | 12.96% | 13.45% | Yearly | 2022 |
| Non Manufacturing PMI | 54.7 points | 51.9 points | Monthly | Sep'25 |
| Adult Literacy Rate | 63.16% | 62.02% | Yearly | 2021 |
| Gini Index | 35.1 points | 35.9 points | Yearly | 2018 |
| Happiness Index | 4.88 points | 4.88 points | Yearly | 2024 |
| Homicide Rate | 21.74 | 33.6 | Yearly | 2019 |
| Population | 232.68M | 227.88M | Yearly | 2024 |
| Poverty Rate | 34.2% | 35.8% | Yearly | 2018 |
| Primary Enrollment Rate | 86.72% | 87.37% | Yearly | 2021 |
| Agricultural Land (%) | 76.65% | 76.59% | Yearly | 2022 |
| Annual CO2 Emissions | 128.54M tonnes | 131.57M tonnes | Yearly | 2023 |
| Forest Area (%) | 23.39% | 23.57% | Yearly | 2022 |
| Corruption Control | -1.04 points | -1.13 points | Yearly | 2023 |
| Political stability index | -1.77 points | -1.78 points | Yearly | 2023 |
| Infant Mortality Rate | 60.1 | 61.6 | Yearly | 2023 |
| Life Expectancy | 54.46 | 54.08 | Yearly | 2023 |
| Physicians per 1,000 people | 0.39 | 0.4 | Yearly | 2022 |
| Electricity Access | 61.2% | 60.5% | Yearly | 2023 |
| Internet Users | 39.2% | 37.7% | Yearly | 2023 |
| Travel Earnings | $321M | $1.47B | Yearly | 2020 |