CABRI member since:
2018
Region:
West Africa
Currency:
Nigerian Naira (NGN)
Population:
182.2 million
Capital:
Abuja
Ministry website:
www.finance.gov.ng
Fiscal year:
January-December
Regional Economic Community:
CEN-SAD,
ECOWAS
2014 | 2015 | 2016 | 2017 | 2018 | |
GDP (constant 2010 NGN[billions]) | 67,977.46 | 69,780.69 | 68,652.43 | 69,205.69 | 70,536.35 |
GDP (current NGN[billions]) | 90,136.99 | 95,177.74 | 102,575.42 | 114,899.25 | 129,086.91 |
GDP growth (%) | 6.31 | 2.65 | -1.62 | 0.81 | 1.92 |
GDP per capita (constant 2010 NGN) | 385,348.83 | 385,237.1 | 369,178.49 | 362,574.55 | 360,109 |
GDP per capita (current NGN) | 510,966.16 | 525,446.13 | 551,599.37 | 601,967.02 | 659,026.97 |
Inflation (CPI) (%) | 8.05 | 9.01 | 15.7 | 16.5 | 12.09 |
General government revenue (% of GDP) | 10.94 | 7.91 | 5.95 | 6.61 | 8.51 |
General government expenditure (% of GDP) | 12.98 | 11.07 | 9.97 | 12.01 | 12.82 |
Budget balance (% of GDP) | -2.04 | -3.17 | -4.01 | -5.4 | -4.31 |
Primary balance (% of GDP) | -1.07 | -2.04 | -2.73 | -4.05 | -2.61 |
General government debt (% of GDP) | 17.54 | 20.33 | 23.41 | 25.34 | 27.66 |
Population (millions) | 176.41 | 181.14 | 185.96 | 190.87 | 195.88 |