Economic Indicators for Nigeria


LastPreviousHighestLowestUnit
Current account balance1.660.2220.79-10.28Percentage of GDP
Consumer price Index524.91421.07524.910.14
Inflation ( exchange rates & prices )24.6618.8572.845.39Percentage (%)
Lending interest rate14.0112.3331.656.00%
Interest rates1.230.9218.18-65.86Percentage (%)
Budget ( government finance )98.73106.17106.1778.32
Human Capital Index0.360.350.360.34Scale, 0-1
New businesses registered136,961.00129,980.00136,961.0034,531.00Number
Time required to start a business7.2010.9030.307.20Days
Time required to build a warehouse104.79104.79104.79104.79Days
Armed forces Personnel223,000.00223,000.00223,000.0076,000.00Total
GDP36347357425USD Billions
GDP Growth2.863.2515.33-13.13Percentage (%)
Hospital beds0.501.206.370.50Per 1,000 people
Physicians0.400.370.440.05Per 1,000 people
Labor force78,812,242.0076,374,344.0078,812,242.0033,185,856.00Total
Unemployment with advanced education6.7217.1517.156.72Percentage (%)
Fertility rate5.145.246.925.14Total
Population22421922462Thousands