Economic Indicator Current Previous Unit Reference Period %Change
Interest Rate13.5013.50PercentMarch 20190.00
Cash Reserve Requirement 22.5022.50PercentMarch 20160.00
Net Open Position 1.001.00PercentSeptember 20120.00
Population 195.87190.90MillionDecember 20182.60
Unemployment Rate23.1023.10PercentSeptember 20180.00
Gross Domestic Product 397.30375.80USD BlnDecember 20175.72
Debt to GDP 17.5018.60PercentDecember 2016-5.91
GDP Growth Rate9.233.02PercentJune 2019205.63
GDP Annual Growth Rate2.281.94PercentJune 201917.53
GDP Per Capita2,396.302,412.41USDFebruary 2019-0.67
GDP Per Capita PPP 5,315.825,351.44USDDecember 2017-0.67
Industrial Production-2.904.70PercentJune 2020-161.70
Inflation11.9811.85PercentDecember 20191.10
Consumer Price Index (All items)11.9811.85PercentDecember 20191.10
Current Account to GDP2.30-1.80PercentDecember 2016-227.78
Trade Balance 1,389,325.00408,661.00USD BlnJune 2019239.97
Imports 13,165,127.009,562,719.00USD BlnDecember 201737.67
Exports 18,532,039.0013,598,277.00USD Bln December 201736.28
Current Account -2,795.83-2,858.88USD MlnJune 2019-2.21
Nigerian Stock Exchange 29.4629.71Basis pointsJanuary 2020-0.84
Government Budget -2.80-3.20Percent December 2017-12.50
Crude Oil64.0564.54NairaJanuary 2020-0.76
Forex Reserves38.338.32BlnJanuary 2020-0.05
Money Market Indicator6.370.00PercentNovember 2019637.00
Weekly International Payments0.000.00NairaOctober 20190.00
Discount Window15.5015.50PercentJuly 20190.00
Interbank Rate3.432.94PercentJanuary 202016.67
USD/NGN306.95306.95January 20200.00