Gross Domestic Product Growth Rate And Contribution To GDP (ITC)
Real GDP at 1990 Base Year
ITC contribution to real GDP steadily rising, 2000-2010
Real GDP at 2010 Base Year
ITC real GDP growth fall post-2014
Gross Domestic Product Growth Rate: The information and communication sector has grown overtime but witnessed an unusual decline in 2011, which has remained low in 2016Q1 possibly due to declining consumer demand for related service.
Contribution to GDP: The contribution of the sector to overall GDP growth has maintained an upward trend, reflecting that the sector is well infused into the Nigerian economy in terms of its use of local content for capacity building.
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
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
Capital Importation: Overall capital imported into the manufacturing sector fell deeply in 2015 and has remained low in 2016H1 on the account of present FOREX issues affecting businesses in the sector
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