Nigeria - Economic Indicators

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Nigeria Latest Reference
GDP Growth Rate
Interest Rate
Inflation Rate
Unemployment Rate

Nigeria GDP Growth Rate was last reported at -12.92 percent. Source: Central Bank of Nigeria.
Nigeria Interest Rate stands at 14.00 percent and is the 17th highest interest rate. Source: Central Bank of Nigeria.
Nigeria Inflation Rate latest value is 16.25 percent, it is ranked as the 16th world's highest inflation rate. Source: National Bureau of Statistics, Nigeria. 2009=100.
Nigeria Unemployment Rate was last reported at 14.20 percent. It ranks as the world's 39th highest recorded unemployment rate. Source: National Bureau of Statistics, Nigeria.
GDP Growth Rate in Nigeria fell to -12.92 percent from 3.75 percent. Interest Rate was recorded at 14.00 percent. Inflation Rate declined to 16.25 percent (previously reported at 17.24 percent) and Unemployment Rate grew to 14.20 percent from 13.90 percent.

GDP Growth Rate in Nigeriais forecasted to be -13.32 in Q1 2017. The Interest Rate all-time average stands at 10.45 percent and it's projection for 05/31/2017 is 13.77. Inflation Rate averaged 12.39 percent since Jan 1996 and is projected to be 17.22 in May 2017. Unemployment Rate is forecasted to be 13.69 in Q4 2016.