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
2013 | 2014 | 2015 | 2016 | 2017 | |
GDP (constant 2010 NGN[billions]) | 63,942.85 | 67,977.46 | 69,780.69 | 68,652.43 | 69,205.69 |
GDP (current NGN[billions]) | 81,009.97 | 90,136.99 | 95,177.74 | 102,575.42 | 114,899.25 |
GDP growth (%) | 5.39 | 6.31 | 2.65 | -1.62 | 0.81 |
GDP per capita (constant 2010 NGN) | 377,728.83 | 390,815.04 | 390,444.92 | 373,851.04 | 366,777.47 |
GDP per capita (current NGN) | 478,549.21 | 518,214.26 | 532,549.36 | 558,580.76 | 608,944.95 |
Inflation (CPI) (%) | 8.5 | 8.05 | 9.01 | 15.7 | 16.5 |
General government revenue (% of GDP) | 11.05 | 10.52 | 7.56 | 5.54 | 6.17 |
General government expenditure (% of GDP) | 13.38 | 12.64 | 11.07 | 9.49 | 11.58 |
Budget balance (% of GDP) | -2.33 | -2.12 | -3.51 | -3.95 | -5.41 |
Primary balance (% of GDP) | -1.34 | -1.15 | -2.38 | -2.67 | -4.06 |
General government debt (% of GDP) | 18.59 | 17.54 | 20.33 | 23.41 | 25.34 |