Nigeria - Economic Indicators

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

Nigeria GDP Growth Rate stands at -13.40 percent.
Nigeria Interest Rate latest value is 14.00 percent, it is ranked as the 19th world's highest interest rate. Source: Central Bank of Nigeria.
Nigeria Inflation Rate was last reported at 11.61 percent. It ranks as the world's 18th highest recorded inflation rate. Source: National Bureau of Statistics, Nigeria. 2009=100.
GDP Growth Rate in Nigeria fell to -13.40 percent from 4.71 percent. Interest Rate was recorded at 14.00 percent. Inflation Rate declined to 11.61 percent (previously reported at 12.48 percent) and Unemployment Rate grew to 18.80 percent from 16.20 percent.

GDP Growth Rate is forecasted to be 2.3 in Q2 2018. The Interest Rate all-time average stands at 10.76 percent and it's projection for 06/30/2018 is 14. Inflation Rate averaged 12.50 percent since Jan 1996 and is projected to be 11.4 in Jun 2018. Unemployment Rate is forecasted to be 17.5 in Q4 2017.