Nigeria Economic Chart Park

Public Debt-to-GDP Ratio

Total Public Debt to GDP Ratio (%)

Waning ability to repay external debt

Tax-to-GDP (%)

Low commitment to steady tax collection

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 its external debt.

Tax-to-GDP Ratio: The ratio of tax collected compared to national GDPA has fluctuated heavily, partly indicating the lack of lack of commitment to steady tax collection by successive governments.



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

Crude Oil Price

Crude Oil Price: Crude oil price attained a historical low of $30.7 in January 2016 largely due to excess global oil supply. Crude Oil Production and Export: Oil production has continued to fall in

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

Capital Importation And Budgetary Allocation (Oil And Gas)

Capital Importation: Investment in the oil and gas sector has remained low since 2009. However, investments into the sector fell more deeply in 2015, on the account of persistent global and domestic c