Nigeria Economic Chart Park

Gross Domestic Product Growth Rate And Contribution To GDP

Real GDP at 1990 Base Year

Oil and gas sector GDP growth peak in 2003 Q2-Q3

Real GDP at 2010 Base Year

Oil and gas sector performing poorly, post-2013

Gross Domestic Product Growth Rate: The growth performance of the Oil and Gas sector has been unsteady throughout years and declined most significantly in 2015Q4, following a positive growth recorded in 2015Q3. The poor growth performance could be attributed to the negative exogenous shocks being experienced by most oil exporters.

Contribution to GDP: The sectors contribution to overall GDP has steadily declined since 2004 reflecting the low level of composite value addition to the Nigerian economy.




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Money Supply And Lending Rate

Money Supply: On a month-on-month basis, growth in M2 have accelerated overtime; reaching over N20,000 billion by April 2016. The rise in M2 at the end of 2016Q1 reflects the fast-paced rise in aggre

Appropriation Act (Budget)

Appropriation Act (Budget): Capital expenditure remarkably increased in 2016 relative to preceding year, on the account of the present governments renewed commitment to infrastructure development.

Capital Importation And Gross Domestic Product Growth Rate And Contribution To GDP (Construction Sector)

Capital Importation: Capital expenditure into the construction sector remained above 10 percent since 2005 until 2015. Similar to the manufacturing sector, overall capital imported into the constructi

Public Debt-to-GDP Ratio

Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay