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.



Export And Its Components

Export and its Components: In 2015 and 2016Q1, overall export earnings declined significantly to a record low of less than $3000 million in 2016Q1, as against the peak of above $10,000 million in 2008

91-Day Treasury Bills

91-Day Treasury Bills: T-bill rate has highly fluctuated overtime on the account of the rise and fall in investor confidence, monetary policy easing/tightening, governments demand for funds, and infl

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 Budgetary Allocation

Capital Importation: Foreign investment into the agricultural sector was relatively flat between 2007 and 2012 but gained unusual momentum in September 2015. The spike in 2015 is likely driven by the