Nigeria Economic Chart Park

Real GDP Growth Rate- Nigeria And Selected African Economies

Real GDP Growth Rate: Selected African Countries (%, y/y)

Nigeria highly vulnerable to commodity price shocks

Real GDP Growth Rate: Selected Net-Oil exporters (%, y/y)

How are net oil exporters fairing?

Real GDP Growth Rate- Nigeria and selected African Economies: While GDP growth in selected African economies have generally declined at different magnitudes with the slump in commodity prices, other economies have managed to stay out of recession with the exception of Nigeria. This is attributable, amongst other factors, to better diversification of revenue base in these economies, thus buttressing the impact commodity price shock.

Real GDP Growth Rate- Nigeria and selected Net-oil Exporting Economies: Net-oil exporting economies have been adversely affected by the slump in oil price, with Russia and Nigeria being severely impaired. However, while Russia appear to be on the road to recovery in 2016, the Nigerian economy has sharply decelerated in the period..




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Gross Domestic Product Growth Rate And Contribution To GDP (Transport Sector)

Gross Domestic Product Growth Rate: Growth in the sector which stalled in the second and third quarters of 2015 witnessed a considerable decline in 2015Q4; the stall in growth in 2015 is attributable

Gross Domestic Product And Contribution To GDP

Gross Domestic Product: Agriculture Gross Domestic Product growth rate recorded its highest point in 2006Q1 but fell sharply subsequently. Particularly, the slow growth recorded in 2015 and 2016Q1 is

Monetary Policy Rate

Monetary Policy Rate: The fluctuations in MPR reflect CBNs intermittent effort to promote growth, stymie inflation or incentivize capital flows. Particularly, the rise in MPR in 2016Q1 was effort to

Gross Federally Collected Revenue

Gross Federally Collected Revenue: Both oil and non-oil components of gross federal revenue fell below N40 billion in 2016, after recording a peak of N90 billion in 2013. The decline was most prominen