Nigeria

2012 2013 2014 2015 2016 2017 2018 Trend (2012-2022)
Population (Million)164.75169.28173.94178.72183.64188.69193.88
Real GDP Growth (% Change)4.285.396.312.65-1.620.841.89
Current GDP (US$ Billion)460.95514.97568.50493.84405.44394.82460.66
Current GDP PPP (US$ billion)909.73974.291054.351094.061090.101118.431161.69
Current GDP per capita (US$)2797.863042.053268.392763.202207.862092.472376.07
Inflation, average consumer prices (% Change)12.228.498.059.0115.7016.3114.79
Current Account Balance (US$ Billion)17.3719.050.90-15.762.727.674.70
Current Account Balance (% of GDP)3.773.700.16-3.190.671.941.02
Total foreign debt (US$ Billion)18.1321.1424.7629.0331.4135.2138.25
Total debt (% of Exports G&S)15.3317.7323.1340.8754.6055.7059.20
Total debt (% of GDP)3.934.114.365.887.709.3010.50
International reserves (% of Total debt)241.79202.65139.24100.1482.3088.3087.40
Debt-service ratio, paid (% of Exports G&S)1.130.414.252.074.104.106.00
Debt-service ratio, due (% of Exports G&S)1.130.424.252.074.604.106.00
Debt-service paid (% of GDP)0.290.100.800.300.600.701.10
Interest paid (% of debt-service paid)10.8454.475.8824.8620.4024.3022.20
Interest paid (% of Exports G&S)0.120.230.250.510.801.001.30
Interest paid (% of GDP)0.030.050.050.070.100.200.20
Effective Interest rate (%)0.951.721.441.631.802.102.60
Budget balance (% of GDP)-1.39-1.42-0.89-1.08-2.75-2.20-2.30
Stock of money M1 (US$ Billion)47.1744.7236.8543.6237.4533.3833.90
Stock of money M2 (US$ Billion)98.4299.7699.12101.9377.9168.7367.48
M1 (% Change)9.59-5.23-11.1037.1033.054.209.60
M2 (% Change)16.391.327.2019.0918.453.206.00
Net debt (% of Exports G&S)-21.74-18.20-9.07-0.069.706.507.50
Net debt (% of GDP)-5.58-4.21-1.71-0.011.401.101.30
National currency per US$, period average157.50157.31158.55192.73253.00314.30374.00
Real effective exchange rate (CPI-based)47.7051.4054.9054.0047.5043.6041.20