Nigeria gdp growth
Nigeria gdp growth: 12 (23.71%)
Last Update: December 31, 2023
Last Update: December 31, 2023
Nigeria gdp growth closed down 12 as of December 31, 2023 from 9.7 from the previous month and -0.8 from last year.
Nigeria gdp growth Analytics & Data
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Nigeria gdp growth
Date | Values |
---|---|
2023-12-31 | 12 |
2023-09-30 | 9.7 |
2023-06-30 | -0.17 |
2023-03-31 | -15.65 |
2022-12-31 | -0.17 |
2022-09-30 | 9.68 |
2022-06-30 | -0.4 |
2022-03-31 | -14.66 |
2021-12-31 | -0.37 |
2021-09-30 | 11.1 |
2021-06-30 | -0.8 |
2021-03-31 | -13.9 |
2020-12-31 | -0.8 |
2020-09-30 | 12.12 |
2020-06-30 | -5.04 |
2020-03-31 | -14.27 |
2019-12-31 | -5.59 |
2019-09-30 | 9.23 |
2019-06-30 | 3.02 |
2019-03-31 | -13.69 |
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Nigeria gdp growth Statistics
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
gdp growth | ng.gdpgrowth | 12 | 9.7 | 24 | -1600 | UP | UP | 0 | 2023-12-31 |
Nigeria gdp growth Factors
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What is the Nigeria gdp growth
Welcome to our webpage dedicated to Nigeria's GDP growth. Here you can find a wealth of information, including current and historical data, trends and signals, analytics, and interactive charts. Our goal is to provide you with a comprehensive understanding of Nigeria's economic performance and its impact on various sectors.Gross Domestic Product (GDP) is a widely used economic indicator that measures the total value of goods and services produced within a country over a specific period. It is considered one of the essential metrics for assessing a nation's economic health and overall standard of living.
Interpreting Nigeria's GDP growth entails analyzing the percentage change in GDP over time. A positive growth rate indicates that the country's economy is expanding, while a negative growth rate signifies a contraction. By tracking this data over multiple periods, we can identify short-term fluctuations, long-term trends, and even potential recessions or booms.
Our webpage features interactive charts that allow you to explore Nigeria's GDP growth over the years. These charts can reveal patterns, cyclical movements, and historical milestones, providing valuable insights into the country's economic trajectory. Users can also customize the charts by selecting specific time frames or comparing Nigeria's GDP growth with other countries or global regions.
For users interested in further analysis, we offer the option to export historical data for free. This allows for in-depth research and the integration of our data into external tools and models. By leveraging the exported data, researchers, analysts, and economists can delve deeper into the drivers and impact of Nigeria's GDP growth, gaining a more comprehensive understanding of the country's economic landscape.
Additionally, our website includes MacroVar signals, trends, and analysis, which provide real-time updates and forecasts based on various economic indicators and market trends. These powerful tools help users stay informed about potential shifts in Nigeria's GDP growth and enable better decision-making for businesses, investors, and policymakers.
In conclusion, our webpage is a valuable resource for anyone interested in Nigeria's GDP growth. From historical data to current trends and signals, our goal is to empower users with the information they need to comprehend and analyze the economic performance of Nigeria. Feel free to explore, export data for further analysis, and utilize our MacroVar signals to unlock deeper insights into the Nigerian economy.
Nigeria Financial Markets
Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
---|---|---|---|---|---|---|---|---|---|---|
NSE All Share | ALLSHARE | 71230.5 | 1 | 1 | 1.60129 | 74.6549 | 0.0025 | 0.00165 | 0.06098 | 0.61846 |
Nigeria ETF | NGE | 7.75 | -0.5 | -1 | -1.59522 | 38.6064 | 0.0144 | 0.02513 | -0.07468 | 0.053 |
Nigerian Naira US Dollar (NGN/USD) | NGNUSD | 788.33 | 0 | 1 | 1.11221 | 50.9669 | 0.00169 | -0.00211 | 0.02176 | 0.78683 |
Nigeria 10-year bond yield | NG.10Y | 15.433 | 1 | 1 | 2.13446 | 67.3937 | 0.00823 | 0.03251 | 0.04944 | 0.07525 |
Nigeria 2-Year Bond Yield | NG.2Y | 15.147 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Nigeria Yield Curve | NG.YC | 0.784 | -1 | -1 | -3.5335 | 29.4427 | -0.73442 | -0.69706 | -0.59017 | -0.72179 |
Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
---|---|---|---|---|---|---|---|---|---|
balance of trade | ng.balanceoftrade | 1741090 | -653831 | -366 | -2746 | UP | UP | 3 | 2023-07-31 |
business confidence | ng.bizconfidence | -15.2 | -1.5 | 913 | -152 | Down | Down | 32 | 2020-12-01 |
capacity utilization | ng.caputilization | 54.9 | 56.4 | -3 | 37 | UP | UP | 0 | 2023-06-30 |
cash reserve ratio | ng.cashreserveratio | 45 | 45 | 0 | 38 | UP | UP | 99 | 2024-02-29 |
composite pmi | ng.comppmi | 51.1 | 52.7 | -3 | 21 | Down | UP | 97 | 2024-03-31 |
consumer confidence | ng.consconfidence | -14.8 | -21.2 | -30 | -1580 | Down | Down | 0 | 2020-12-31 |
consumer price index cpi | ng.cpi | 701.9 | 681.4 | 3 | 33 | UP | UP | 100 | 2024-03-31 |
core inflation rate | ng.coreinflationrate | 25.39 | 24.67 | 3 | 35 | UP | UP | 92 | 2024-02-29 |
current account | ng.currentaccount | 3280 | 2870 | 14 | -200 | UP | UP | 23 | 2023-06-30 |
current account to gdp | ng.currentaccountgdp | -0.3 | -0.5 | -40 | -110 | Down | Down | 0 | 2023-01-31 |
deposit interest rate | ng.depositrate | 7.68 | 7.95 | -3 | 69 | UP | UP | 86 | 2023-06-30 |
exports | ng.exports | 3026630 | 1878040 | 61 | 44 | UP | UP | 72 | 2023-02-28 |
external debt | ng.externaldebt | 41594.5 | 43159.2 | -4 | 30 | UP | UP | 0 | 2023-09-30 |
fiscal expenditure | ng.fiscalexp | 4040.18 | 4175.35 | -3 | 90 | UP | UP | 0 | 2023-09-30 |
foreign exchange reserves | ng.fxreserves | 34260 | 33520 | 2 | -4 | UP | Down | 72 | 2024-03-31 |
gdp | ng.gdp | 472.62 | 440.84 | 7 | 17 | UP | UP | 0 | 2023-01-31 |
Real GDP | ng.realgdp | 21773300 | 19442300 | 12 | 11 | UP | UP | 53 | 2023-12-31 |
gdp growth | ng.gdpgrowth | 12 | 9.7 | 24 | -1600 | UP | UP | 0 | 2023-12-31 |
gdp growth annual | ng.gdpgrowthan | 3.46 | 2.54 | 36 | 3045 | UP | UP | 100 | 2023-12-31 |
gold reserves | ng.goldres | 21.37 | 21.46 | 0 | 0 | Down | Down | 51 | 2021-06-30 |
government budget | ng.govbudget | -6.1 | -5 | 22 | 336 | Down | Down | 0 | 2024-01-31 |
Government budget | ng.govbudgetvalue | -2347.16 | -2665.26 | -12 | 88 | Down | Down | 0 | 2023-09-30 |
government debt to gdp | ng.govdebtgdp | 38.8 | 38 | 2 | 123 | UP | UP | 0 | 2023-01-31 |
government revenues | ng.govrev | 1693.02 | 1510.09 | 12 | 70 | UP | UP | 0 | 2023-09-30 |
imports | ng.imports | 1285540 | 2531870 | -49 | -37 | Down | Down | 3 | 2023-02-28 |
industrial production | ng.indproduction | -9.7 | 15.2 | -164 | 31 | Down | Down | 0 | 2023-06-30 |
interest rate | ng.interestrate | 18.75 | 18.5 | 1 | 34 | UP | UP | 85 | 2023-07-25 |
lending rate | ng.lendingrate | 13.85 | 14.07 | -2 | 14 | UP | UP | 91 | 2023-06-30 |
manufacturing pmi | ng.manpmi | 42.8 | 49.4 | -13 | -16 | Down | Down | 18 | 2023-06-30 |
money supply m0 | ng.msm0 | 3693570 | 3650500 | 1 | 276 | UP | UP | 100 | 2024-02-29 |
money supply m1 | ng.msm1 | 30277200 | 31158900 | -3 | 44 | UP | UP | 90 | 2024-02-29 |
money supply m2 | ng.msm2 | 93968500 | 92843000 | 1 | 78 | UP | UP | 98 | 2024-02-29 |
services pmi | ng.servpmi | 51.1 | 52.7 | -3 | 3 | UP | UP | 60 | 2023-06-30 |
unemployment rate | ng.unemploymentrate | 5 | 4.2 | 19 | -64 | Down | Down | 0 | 2021-06-30 |
youth unemployment rate | ng.ytunemploymentrate | 8.6 | 7.2 | 19 | -66 | Down | Down | 0 | 2021-09-30 |