Economic Indicator Current Previous Unit Reference Period %Change
Interest Rate11.5011.50PercentOctober 20200.00
Cash Reserve Requirement 27.5027.50PercentNovember 20200.00
Net Open Position 1.001.00PercentSeptember 20120.00
Population 200.00195.87MillionDecember 20182.11
Unemployment Rate27.1023.10PercentSeptember 201917.32
Gross Domestic Product 448.10397.30USD BlnDecember 201812.79
Debt to GDP 17.5018.60PercentDecember 2016-5.91
GDP Growth Rate12.10-5.00PercentJune 2020-342.00
GDP Annual Growth Rate-3.62-6.10PercentJune 2020-40.66
GDP Per Capita2,386.902,396.30USDDecember 2018-0.39
GDP Per Capita PPP 5,135.505,315.82USDDecember 2018-3.39
Industrial Production-10.30-10.00PercentMarch 20203.00
Inflation14.8914.23PercentOctober 20204.64
Consumer Price Index (All items)14.8914.23PercentOctober 20204.64
Current Account to GDP-3.602.30PercentDecember 2018-256.52
Trade Balance -2,388,461.01-1,803,309.96USD BlnJune 202032.45
Imports 5,381,449.264,022,853.71USD BlnJune 202033.77
Exports 2,992,988.252,219,543.75USD Bln June 202034.85
Current Account -3,232.28-4,881.73USD MlnMarch 2020-33.79
Nigerian Stock Exchange 41.1840.12Basis pointsJanuary 20212.64
Government Budget -3.40-2.80Percent December 201821.43
Crude Oil55.7756.81NairaJanuary 2021-1.83
Forex Reserves36.2636.22BlnJanuary 20210.11
Money Market Indicator7.386.25PercentJuly 202018.08
Weekly International Payments0.000.00NairaJanuary 20200.00
Discount Window14.5015.50PercentMarch 2020-6.45
Interbank Rate1.111.73PercentJanuary 2021-35.84
USD/NGN380.00380.00January 20210.00