Table

Nigeria. Source:IMF World Economic Outlook Database(Oct 2018)
N Subject Descriptor Units Scale Estimates Start After 2017 2018 2019 2020 2021 2022 2023
1 Gross domestic product, constant prices National currency Billions Y2017 69,205.692 70,537.753 72,132.257 73,953.32 75,886.774 77,721.535 79,605.903
2 Gross domestic product, constant prices Percent change Y2017 0.806 1.925 2.26 2.525 2.614 2.418 2.425
3 Gross domestic product, current prices National currency Billions Y2017 114,899.251 129,178.532 145,279.373 163,986.383 185,990.667 210,925.902 239,368.416
4 Gross domestic product, current prices U.S. dollars Billions Y2017 376.361 397.472 447.013 504.573 572.279 649.003 736.518
5 Gross domestic product, current prices Purchasing power parity; international dollars Billions Y2017 1,121.033 1,169.148 1,221.046 1,275.741 1,333.467 1,391.116 1,452.356
6 Gross domestic product, deflator Index Y2017 166.026 183.134 201.407 221.743 245.09 271.387 300.692
7 Gross domestic product per capita, constant prices National currency Units Y2012 366,777.473 363,831.777 362,098.477 361,304.209 360,827.48 359,660.756 358,521.436
8 Gross domestic product per capita, constant prices Purchasing power parity; 2011 international dollar Units Y2012 5,400.25 5,356.879 5,331.359 5,319.664 5,312.645 5,295.467 5,278.692
9 Gross domestic product per capita, current prices National currency Units Y2012 608,944.952 666,299.291 729,291.471 801,167.151 884,350.991 976,071.428 1,078,044.528
10 Gross domestic product per capita, current prices U.S. dollars Units Y2012 1,994.645 2,050.152 2,243.974 2,465.13 2,721.08 3,003.297 3,317.06
11 Gross domestic product per capita, current prices Purchasing power parity; international dollars Units Y2012 5,941.268 6,030.432 6,129.558 6,232.721 6,340.387 6,437.468 6,540.982
12 Output gap in percent of potential GDP Percent of potential GDP NA NA NA NA NA NA NA NA
13 Gross domestic product based on purchasing-power-parity (PPP) share of world total Percent Y2017 0.879 0.865 0.853 0.844 0.836 0.827 0.819
14 Implied PPP conversion rate National currency per current international dollar Y2017 102.494 110.489 118.979 128.542 139.479 151.624 164.814
15 Total investment Percent of GDP Y2017 15.474 13.637 13.814 13.914 13.966 14.034 14.028
16 Gross national savings Percent of GDP Y2017 18.237 15.678 14.814 14.653 14.746 14.315 14.14
17 Inflation, average consumer prices Index Y2017 233.352 262.296 297.701 336.352 384.337 440.066 503.876
18 Inflation, average consumer prices Percent change Y2017 16.502 12.404 13.498 12.983 14.266 14.5 14.5
19 Inflation, end of period consumer prices Index Y2017 246.38 278.141 314.348 358.357 410.318 469.814 537.938
20 Inflation, end of period consumer prices Percent change Y2017 15.368 12.891 13.018 14 14.5 14.5 14.5
21 Six-month London interbank offered rate (LIBOR) Percent NA NA NA NA NA NA NA NA
22 Volume of imports of goods and services Percent change Y2017 1.121 17.107 6.399 7.316 6.562 5.27 2.12
23 Volume of Imports of goods Percent change Y2017 -16.53 19.595 3.68 11.138 11.965 6.735 2.143
24 Volume of exports of goods and services Percent change Y2017 8.875 0.666 3.372 5.174 6.038 1.701 1.556
25 Volume of exports of goods Percent change Y2017 8.687 2.874 3.374 4.944 5.884 1.266 1.174
26 Unemployment rate Percent of total labor force Y2016 16.475 NA NA NA NA NA NA
27 Employment Persons Millions NA NA NA NA NA NA NA NA
28 Population Persons Millions Y2012 188.686 193.875 199.206 204.684 210.313 216.097 222.039
29 General government revenue National currency Billions Y2017 7,123.133 11,021.446 12,173.483 13,838.212 15,291.855 17,600.048 20,322.073
30 General government revenue Percent of GDP Y2017 6.199 8.532 8.379 8.439 8.222 8.344 8.49
31 General government total expenditure National currency Billions Y2017 13,197.826 17,663.395 18,728.108 20,883.95 23,353.974 26,246.39 29,954.839
32 General government total expenditure Percent of GDP Y2017 11.486 13.674 12.891 12.735 12.557 12.443 12.514
33 General government net lending/borrowing National currency Billions Y2017 -6,074.693 -6,641.949 -6,554.624 -7,045.738 -8,062.119 -8,646.342 -9,632.766
34 General government net lending/borrowing Percent of GDP Y2017 -5.287 -5.142 -4.512 -4.297 -4.335 -4.099 -4.024
35 General government structural balance National currency Billions NA NA NA NA NA NA NA NA
36 General government structural balance Percent of potential GDP NA NA NA NA NA NA NA NA
37 General government primary net lending/borrowing National currency Billions Y2017 -4,517.829 -4,481.636 -4,617.628 -4,826.862 -5,490.033 -5,577.566 -6,063.07
38 General government primary net lending/borrowing Percent of GDP Y2017 -3.932 -3.469 -3.178 -2.943 -2.952 -2.644 -2.533
39 General government net debt National currency Billions Y2017 20,057.41 27,913.018 34,916.213 41,957.783 49,847.948 58,110.759 68,099.891
40 General government net debt Percent of GDP Y2017 17.457 21.608 24.034 25.586 26.801 27.55 28.45
41 General government gross debt National currency Billions Y2017 25,034.151 31,991.191 39,007.148 46,114.22 54,139.672 62,986.014 72,818.78
42 General government gross debt Percent of GDP Y2017 21.788 24.765 26.85 28.121 29.109 29.862 30.421
43 Gross domestic product corresponding to fiscal year, current prices National currency Billions Y2017 114,899.251 129,178.532 145,279.373 163,986.383 185,990.667 210,925.902 239,368.416
44 Current account balance U.S. dollars Billions Y2017 10.381 8.115 4.472 3.728 4.466 1.824 0.826
45 Current account balance Percent of GDP Y2017 2.758 2.042 1 0.739 0.78 0.281 0.112