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 397.30375.80USD BlnDecember 20175.72
Debt to GDP 17.5018.60PercentDecember 2016-5.91
GDP Growth Rate5.599.23PercentSeptember 2019-39.44
GDP Annual Growth Rate2.552.28PercentSeptember 201911.84
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
Inflation12.5612.34PercentApril 20201.78
Consumer Price Index (All items)12.5612.40PercentMay 20201.29
Current Account to GDP2.30-1.80PercentDecember 2016-227.78
Trade Balance 1,389,325.00408,661.00USD BlnJune 2019239.97
Imports 16,959,875.0613,165,127.00USD BlnDecember 201828.82
Exports 19,192,234.1218,532,039.00USD Bln December 20183.56
Current Account -2,795.83-2,858.88USD MlnJune 2019-2.21
Nigerian Stock Exchange 25.0325.04Basis pointsAugust 2020-0.04
Government Budget -2.80-3.20Percent December 2017-12.50
Crude Oil44.7944.40NairaAugust 20200.88
Forex Reserves35.6635.68BlnAugust 2020-0.06
Money Market Indicator7.3310.29PercentMarch 2020-28.77
Weekly International Payments0.000.00NairaJanuary 20200.00
Discount Window14.5015.50PercentMarch 2020-6.45
Interbank Rate6.548.55PercentAugust 2020-23.51
USD/NGN361.00361.00August 20200.00