Nigeria - Economic Indicators

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Nigeria T+1
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 15th highest interest rate. Source: Central Bank of Nigeria.
Nigeria Inflation Rate latest value is 17.24 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 13.90 percent. It ranks as the world's 39th highest recorded unemployment rate. Source: National Bureau of Statistics, Nigeria.
GDP Growth Rate in Nigeria is expected to decrease to -13.32 percent in Q3 2016 while in the long term it is predicted to converge to 1.7 percent. Nigeria Interest Rate is forecast to go down to 13.8 percent in Q3 2016. In the long run, Interest Rate in Nigeria it is projected to converge to 14.2 percent. Inflation Rate in Nigeria is estimated to fall to 17.2 percent in Q3 2016. Nigeria Inflation Rate will reach 17 percent in the long term. Unemployment Rate in Nigeria is expected to decrease to 13.4 percent in Q3 2016 while in the long term it is predicted to converge to 7.52 percent.