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..




Related

 

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.

Gross Domestic Product Growth Rate And Contribution To GDP

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

Net Domestic Credit And Currency In Circulation (CIC):

Net Domestic Credit: Rising net credit to government and private sector have driven the upward trend in NDC, especially post-2008. In 2016Q1, NDC grew largely on the account of the rise in banking sec

FDI, FPI And Other Investments

FDI, FPI and other Investments: Portfolio investment has continued to fall rapidly since 2014, while FDI inflows remain subdued since 2010