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 2.90 percent. It ranks as the world's 12th highest recorded gdp growth rate. Source: Central Bank of Nigeria.
Nigeria Interest Rate stands at 14.00 percent and is the 18th highest interest rate. Source: Central Bank of Nigeria.
Nigeria Inflation Rate latest value is 11.23 percent, it is ranked as the 19th world's highest inflation rate. Source: National Bureau of Statistics, Nigeria. 2009=100.
Nigeria Unemployment Rate was last reported at 18.80 percent. It ranks as the world's 15th highest recorded unemployment rate. Source: National Bureau of Statistics, Nigeria.
GDP Growth Rate in Nigeria grew to 2.90 percent from -13.40 percent. Interest Rate was recorded at 14.00 percent. Inflation Rate rose to 11.23 percent (previously reported at 11.14 percent) and Unemployment Rate grew to 18.80 percent from 16.20 percent.

GDP Growth Rate is forecasted to be 0.9 in Q3 2018. The Interest Rate all-time average stands at 10.83 percent and it's projection for 09/30/2018 is 14. Inflation Rate averaged 12.49 percent since Jan 1996 and is projected to be 10.9 in Jul 2018. Unemployment Rate is forecasted to be 19.4 in Q4 2017.