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18, Jun 2013, CEST. Welcome to the Nigeria economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Nigeria › Change country
National or Regional Currency: Naira, NGN
Year of data: 2013 › Change year
Number of Indicators Listed: 40
Full Dataset: From Year 1980 to 2018
Date of Last Update: 6th May 2013
Population: 155,215,573 (July 2011 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected
Area: total: 923,768 sq km
land: 910,768 sq km
water: 13,000 sq km
Natural Resources: natural gas, petroleum, tin, iron ore, coal, limestone, niobium, lead, zinc, arable land
Capital: name: Abuja
geographic coordinates: 9 05 N, 7 32 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International
Nigeria is a lower income economy coming under the Sub Saharan African region. The petroleum reserves in Nigeria acts as a major contributor to the country's economy. The economy has suffered from the problems of corruption over the years. Among the various sectors of the economy, the performance of the industries is note worthy. It holds the larger share in the total GDP in the country.
More on the
Nigeria Economy
More on the Nigeria Export, Import and Trade
GDP (Constant Prices, National Currency) for Nigeria in year 2013 is NGN 13,526.15 Billion.
GDP Growth (Constant Prices, National Currency) for Nigeria in year 2013 is 7.161 %.
GDP (Current Prices, National Currency) for Nigeria in year 2013 is NGN 48,254.38 Billion.
GDP (Current Prices, US Dollars) for Nigeria in year 2013 is US$ 283.725 Billion.
GDP Deflator for Nigeria in year 2013 is 356.749 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Constant Prices, National Currency) for Nigeria in year 2013 is NGN 79,902.89 .
GDP Per Capita (Current Prices, National Currency) for Nigeria in year 2013 is NGN 285,052.50 .
GDP Per Capita (Current Prices, US Dollars) for Nigeria in year 2013 is US$ 1,676.04 .
GDP (PPP), US Dollars for Nigeria in year 2013 is US$ 488.115 Billion.
GDP Per Capita (PPP), US Dollars for Nigeria in year 2013 is US$ 2,883.44 .
GDP Share of World Total (PPP) for Nigeria in year 2013 is 0.56 %.
Implied PPP Conversion Rate for Nigeria in year 2013 is 98.859 .
Investment (% of GDP) for Nigeria in year 2013 is 23.645 %.
Gross National Savings (% of GDP) for Nigeria in year 2013 is 29.154 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Nigeria in year 2013 is 149.942 (Index, Base Year 2000 = 100).
Inflation (Average Consumer Price Change %) for Nigeria in year 2013 is 10.672 %.
Inflation, End of Year (Indexed to Year 2000) for Nigeria in year 2013 is 154.505 (Index, Base Year 2000 = 100).
Inflation (End of Year Change %) for Nigeria in year 2013 is 9.5 %.
Import Volume of All Items Including Goods and Services (Percent Change) for Nigeria in year 2013 is 8.479 %.
Import Volumes of Goods Only (Percent Change) for Nigeria in year 2013 is 9.989 %.
Export Volume of All Items Including Goods and Services (Percent Change) for Nigeria in year 2013 is 5.775 %.
Export Volumes of Goods Only (Percent Change) for Nigeria in year 2013 is 5.684 %.
Value of Oil Imports for Nigeria in year 2013 is US$ 15.898 Billions.
Value of Oil Exports for Nigeria in year 2013 is US$ 98.364 Billions.
Unemployment Rate (% of Labour Force) for Nigeria in year 2013 is n/a %.
Population for Nigeria in year 2013 is 169.282 Million .
General government revenue (National Currency) for Nigeria in year 2013 is NGN 13,215.35 Billions.
General government revenue (% of GDP) for Nigeria in year 2013 is 27.387 %.
General government total expenditure (National Currency) for Nigeria in year 2013 is NGN 13,007.86 Billions.
General government total expenditure (% of GDP) for Nigeria in year 2013 is 26.957 %.
Total Government Net Lending/ Borrowing (National Currency) for Nigeria in year 2013 is NGN 207.487 Billions.
Total Government Net Lending/ Borrowing (% of GDP) for Nigeria in year 2013 is 0.43 %.
General Government Balance (National Currency) for Nigeria in year 2013 is NGN 1,002.17 Billion.
General Government Balance (% of GDP) for Nigeria in year 2013 is 2.077 %.
Total Government Net Debt (National Currency) for Nigeria in year 2013 is NGN 5,220.17 Billion.
Total Government Net Debt (% of GDP) for Nigeria in year 2013 is 10.818 %.
Total Government Gross Debt (National Currency) for Nigeria in year 2013 is NGN 8,614.40 Billion.
Total Government Gross Debt (% of GDP) for Nigeria in year 2013 is 17.852 %.
Fiscal Year Gross Domestic Product, Current Prices for Nigeria in year 2013 is NGN 48,254.38 Billions.
Current Account Balance (US Dollars) for Nigeria in year 2013 is US$ 15.629 Billion.
Current Account Balance (% GDP) for Nigeria in year 2013 is 5.509 %.
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