NBS Publishes Historical Revision of Annual GDP Post Rebasing


Tuesday, July 19, 2016 5:20PM /NBS

Download PDF Here

NBS has published the historical revision of annual GDP post rebasing which covers 1981-2010. In 2014 NBS rebased GDP by moving the base year from 1990 previously used to 2010 in line with international best practice for GDP to be rebased every 5 years.

Initially the exercise covered 2010-2014. The report just published contains the historical revisions for 1981-2010 using the new base year and Therefore supersedes all previous GDP estimates earlier published.

This means we now have annual GDP and GDP growth rates in nominal and real terms from 2010-q1 2016. The next stage will be backcasting the annual series into quarterly series from 1981-2010.

Download PDF Here

Related News

1.       Five Worst Performing Economic Sectors in Q1 2016

2.      Manufacturing PMI Rises to 45.8% in May from 43.7% in April 2016 - CBN

3.      May 2016 PMI; Still in negative territory

4.      Nigeria Records Worst GDP Figures in Recent Memory

5.      GDP growth turns negative - breaks 12-year positive streak

6.      Unemployment Rises to 12.1% in Q1’16 from 10.4% in Q4’15 - NBS

7.      Nigeria's GDP Declines to -0.36% Negative Growth Rate in Q1'16 from 2.11% in Q4'15

8.     Nigeria’s 2016 Change Agenda & Strategies Designed to Drive Economic Growth

9.      Telecoms Sector Contributes 8.88% to GDP in Q4 2015

10.  Nigeria’s GDP Grows by 2.11% in Q4’15; Lower by 0.73% from Growth Recorded in Q3’15

11.   The Economics of Rebasing – Implications for Nigeria’s Investment Case  

Related News