Table

Nigeria. Source:IMF World Economic Outlook Database(Apr 2019)
N Subject Descriptor Units Scale Estimates Start After 2018 2019 2020 2021 2022 2023 2024
1 Gross domestic product, constant prices National currency Billions Y2018 70,546.39 72,061.09 73,888.53 75,692.12 77,768.46 79,752.36 81,801.28
2 Gross domestic product, constant prices Percent change Y2018 1.937 2.147 2.536 2.441 2.743 2.551 2.569
3 Gross domestic product, current prices National currency Billions Y2018 129,112.63 144,597.74 161,239.69 179,096.74 199,529.08 221,626.88 245,812.61
4 Gross domestic product, current prices U.S. dollars Billions Y2018 397.27 444.916 496.122 551.067 613.936 681.929 756.346
5 Gross domestic product, current prices Purchasing power parity; international dollars Billions Y2018 1,168.52 1,214.83 1,271.65 1,329.77 1,394.52 1,459.73 1,528.56
6 Gross domestic product, deflator Index Y2018 183.018 200.66 218.22 236.612 256.568 277.894 300.5
7 Gross domestic product per capita, constant prices National currency Units Y2012 363,876.34 361,741.21 360,987.69 359,901.92 359,877.93 359,181.02 358,548.66
8 Gross domestic product per capita, constant prices Purchasing power parity; 2011 international dollar Units Y2012 5,357.54 5,326.1 5,315 5,299.02 5,298.66 5,288.4 5,279.09
9 Gross domestic product per capita, current prices National currency Units Y2012 665,959.35 725,869.73 787,748 851,571.66 923,331.98 998,141.88 1,077,437.73
10 Gross domestic product per capita, current prices U.S. dollars Units Y2012 2,049.11 2,233.45 2,423.84 2,620.22 2,841.02 3,071.21 3,315.19
11 Gross domestic product per capita, current prices Purchasing power parity; international dollars Units Y2012 6,027.17 6,098.34 6,212.72 6,322.79 6,453.2 6,574.17 6,699.94
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 Y2018 0.864 0.855 0.847 0.838 0.831 0.823 0.814
14 Implied PPP conversion rate National currency per current international dollar Y2018 110.493 119.027 126.796 134.683 143.081 151.828 160.813
15 Total investment Percent of GDP Y2018 13.698 14.138 14.069 14.038 13.964 13.936 13.957
16 Gross national savings Percent of GDP Y2018 15.838 13.786 13.866 13.909 14.11 14.061 13.969
17 Inflation, average consumer prices Index Y2018 261.574 292.18 326.454 363.381 404.786 449.887 499.375
18 Inflation, average consumer prices Percent change Y2018 12.094 11.701 11.73 11.311 11.395 11.142 11
19 Inflation, end of period consumer prices Index Y2018 274.57 307.678 343.622 383.139 426.433 473.341 525.409
20 Inflation, end of period consumer prices Percent change Y2018 11.442 12.058 11.682 11.5 11.3 11 11
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 Y2018 17.665 12.506 2.502 1.035 5.256 -0.253 2.482
23 Volume of Imports of goods Percent change Y2018 8.873 13.437 4.435 5.386 10.965 4.534 3.463
24 Volume of exports of goods and services Percent change Y2018 -0.657 4.973 6.162 3.748 11.711 1.985 2.476
25 Volume of exports of goods Percent change Y2018 1.302 3.89 6.333 3.602 12.364 1.791 2.291
26 Unemployment rate Percent of total labor force Y2018 22.562 NA NA NA NA NA NA
27 Employment Persons Millions NA NA NA NA NA NA NA NA
28 Population Persons Millions Y2012 193.875 199.206 204.684 210.313 216.097 222.039 228.146
29 General government revenue National currency Billions Y2018 10,322.07 10,084.57 11,714.77 12,830.93 14,474.28 16,451.92 18,403.03
30 General government revenue Percent of GDP Y2018 7.995 6.974 7.265 7.164 7.254 7.423 7.487
31 General government total expenditure National currency Billions Y2018 16,162 17,461.39 19,204.59 20,977.29 23,480.64 26,334.63 29,209.86
32 General government total expenditure Percent of GDP Y2018 12.518 12.076 11.911 11.713 11.768 11.882 11.883
33 General government net lending/borrowing National currency Billions Y2018 -5,839.92 -7,376.83 -7,489.82 -8,146.37 -9,006.36 -9,882.71 -10,806.83
34 General government net lending/borrowing Percent of GDP Y2018 -4.523 -5.102 -4.645 -4.549 -4.514 -4.459 -4.396
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 Y2018 -3,679.61 -5,035.62 -5,279.83 -5,338.83 -5,554.78 -5,633.39 -5,758.72
38 General government primary net lending/borrowing Percent of GDP Y2018 -2.85 -3.483 -3.275 -2.981 -2.784 -2.542 -2.343
39 General government net debt National currency Billions Y2018 31,271.33 38,034.05 45,185.21 53,094.91 62,101.27 71,983.99 82,790.82
40 General government net debt Percent of GDP Y2018 24.22 26.303 28.024 29.646 31.124 32.48 33.68
41 General government gross debt National currency Billions Y2018 36,689.2 43,451.92 50,603.07 58,512.78 67,519.14 77,401.85 88,208.69
42 General government gross debt Percent of GDP Y2018 28.416 30.05 31.384 32.671 33.839 34.924 35.885
43 Gross domestic product corresponding to fiscal year, current prices National currency Billions Y2018 129,112.63 144,597.74 161,239.69 179,096.74 199,529.08 221,626.88 245,812.61
44 Current account balance U.S. dollars Billions Y2018 8.499 -1.564 -1.007 -0.712 0.894 0.848 0.091
45 Current account balance Percent of GDP Y2018 2.139 -0.352 -0.203 -0.129 0.146 0.124 0.012