Nigeria Economic Profile

Economic profile for Nigeria with GDP, inflation, unemployment, debt, trade, population indicators, rankings and country risk context. The country is listed.
COUNTRY: Nigeria
ISO3: NGA
REGION: Africa
CACHE: live
UPDATED: 2026-07-20 05:07:42

Economic indicators · Nigeria

40 indicators
Indicator Category Latest Unit Rank
Inflation Prices & Inflation 23.01 percent 4
Consumer Price Index Prices & Inflation 860.32 index 5
GDP Deflator Inflation Prices & Inflation 13.86 annual percent 11
GDP Growth Growth & Output 4.01 annual percent 28
Nominal GDP Growth & Output 290.79 bn current US$ 48
GDP per Capita Growth & Output 1,084 current US$ 105
GDP PPP Growth & Output 2114.33 bn current international $ 19
Industry Share of GDP Growth & Output 18.2 percent of GDP 65
Services Share of GDP Growth & Output 53.73 percent of GDP 56
Agriculture Share of GDP Growth & Output 25.87 percent of GDP 2
Military Spending Public Finance 0.56 percent of GDP 69
Unemployment Labor Market 3.06 percent 57
Youth Unemployment Labor Market 5.34 percent 70
Employment Rate Labor Market 79.99 percent 2
Labor Force Participation Labor Market 82.52 percent 2
Labor Force Total Labor Market 116.58 m people 5
Vulnerable Employment Labor Market 66.48 percent 3
Current Account Balance External Sector 6.82 percent of GDP 11
Exports Trade 9.24 percent of GDP 72
Imports Trade 16.92 percent of GDP 70
Trade Openness Trade 26.17 percent of GDP 72
FDI Inflows External Sector 0.43 percent of GDP 61
Foreign Reserves External Sector 40.41 bn current US$ 49
External Debt External Sector 60.04 percent of GNI 6
Personal Remittances External Sector 8.44 percent of GDP 3
Official Exchange Rate Monetary & Financial 1,479 LCU per US$ 4
Real Interest Rate Monetary & Financial 2.88 percent 24
Lending Interest Rate Monetary & Financial 14.01 percent 8
Deposit Interest Rate Monetary & Financial 7.84 percent 12
Broad Money Monetary & Financial 25.08 percent of GDP 56
Domestic Credit to Private Sector Monetary & Financial 9.56 percent of GDP 73
Stock Market Capitalization Monetary & Financial 21.57 percent of GDP 50
Population Population & Society 232.68 m people 6
Urban Population Population & Society 62.98 percent 54
Age Dependency Ratio Population & Society 78.77 percent 1
Life Expectancy Population & Society 54.64 years 74
Fertility Rate Population & Society 4.38 births per woman 3
Gini Index Population & Society 33.9 index 39
Poverty Headcount Population & Society 56.2 percent 1
Energy Use Energy & Environment 319.9 kg oil equivalent per capita 71

Country profile note

overview

This page aggregates all available indicators for one country.

Production version: this can become a strong SEO page such as “Germany Economic Profile”.

Country metadata

NGA
NameNigeria
RegionAfrica
Group

Nigeria Economic Profile: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Inflation for Nigeria. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: nigeria economy data, economic profile nigeria, nigeria macro data, nigeria country risk.