Economic Indicator Current Previous Unit Reference Period %Change
Interest Rate13.5013.50PercentMarch 20200.00
Cash Reserve Requirement 27.5022.50PercentNovember 201922.22
Net Open Position 1.001.00PercentSeptember 20120.00
Population 195.87190.90MillionDecember 20182.60
Unemployment Rate23.1023.10PercentSeptember 20180.00
Gross Domestic Product 448.10397.30USD BlnDecember 201812.79
Debt to GDP 17.5018.60PercentDecember 2016-5.91
GDP Growth Rate-5.00-14.30PercentMarch 2020-65.03
GDP Annual Growth Rate-6.101.87PercentMarch 2020-426.20
GDP Per Capita2,386.902,396.30USDDecember 2018-0.39
GDP Per Capita PPP 5,135.505,315.82USDDecember 2018-3.39
Industrial Production-2.904.70PercentJune 2020-161.70
Inflation13.7113.22PercentAugust 20203.71
Consumer Price Index (All items)13.7112.82PercentJuly 20206.94
Current Account to GDP-3.602.30PercentDecember 2018-256.52
Trade Balance -1,803,309.96-421,257.75USD BlnMarch 2020328.08
Imports 4,022,853.714,504,148.57USD BlnMarch 2020-10.69
Exports 2,219,543.754,082,890.83USD Bln March 2020-45.64
Current Account -2,795.83-2,858.88USD MlnJune 2019-2.21
Nigerian Stock Exchange 28.6628.34Basis pointsOctober 20201.13
Government Budget -2.80-3.20Percent December 2017-12.50
Crude Oil42.7542.96NairaOctober 2020-0.49
Forex Reserves35.6735.67BlnOctober 20200.00
Money Market Indicator7.386.25PercentJuly 202018.08
Weekly International Payments0.000.00NairaJanuary 20200.00
Discount Window14.5015.50PercentMarch 2020-6.45
Interbank Rate1.853.05PercentOctober 2020-39.34
USD/NGN380.00380.00October 20200.00