Nigeria gdp growth annual
Nigeria gdp growth annual: 3.46 (36.22%)
Last Update: December 31, 2023
Last Update: December 31, 2023
Nigeria gdp growth annual closed down 3.46 as of December 31, 2023 from 2.54 from the previous month and 0.11 from last year.
Nigeria gdp growth annual Analytics & Data
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Nigeria gdp growth annual
| Date | Values |
|---|---|
| 2023-12-31 | 3.46 |
| 2023-09-30 | 2.54 |
| 2023-06-30 | 2.51 |
| 2023-03-31 | 2.31 |
| 2022-12-31 | 3.52 |
| 2022-09-30 | 2.25 |
| 2022-06-30 | 3.54 |
| 2022-03-31 | 3.11 |
| 2021-12-31 | 3.98 |
| 2021-09-30 | 4.03 |
| 2021-06-30 | 5 |
| 2021-03-31 | 0.51 |
| 2020-12-31 | 0.11 |
| 2020-09-30 | -3.62 |
| 2020-06-30 | -6.1 |
| 2020-03-31 | 1.87 |
| 2019-12-31 | 2.55 |
| 2019-09-30 | 2.28 |
| 2019-06-30 | 2.12 |
| 2019-03-31 | 2.1 |
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Nigeria gdp growth annual Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| gdp growth annual | ng.gdpgrowthan | 3.46 | 2.54 | 36 | 3045 | UP | UP | 100 | 2023-12-31 |
Nigeria gdp growth annual Factors
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What is the Nigeria gdp growth annual
Welcome to our webpage showcasing the annual GDP growth data for Nigeria. GDP growth is an important economic indicator that measures the change in the value of goods and services produced by a country over a specific period. It helps us understand the overall health and performance of an economy.Interpreting Nigeria's annual GDP growth data allows users to gain insights into the country's economic performance and trends. By analyzing this data, economists, businesses, policymakers, and investors can make informed decisions and strategies.
On this webpage, you can find current and historical data for Nigeria's annual GDP growth. Our charts and analytics provide a visual representation of the trends and fluctuations in Nigeria's economic growth over the years. These charts can help users identify patterns, cycles, and factors that influence the country's economic performance.
Understanding Nigeria's annual GDP growth can be crucial for various purposes. For instance, if you are an investor, you can assess the potential profitability and risks associated with investing in Nigeria by examining the historical GDP growth patterns. Businesses can use this information to gauge consumer demand and plan their expansion or investment strategies accordingly. Policymakers rely on this data to evaluate the effectiveness of their economic policies and make necessary adjustments.
To provide you with comprehensive analysis and insights beyond the GDP growth data, we offer access to our MacroVar signals, trends, and analysis tools. These tools help identify broader economic trends, such as inflation, employment, trade, and other macroeconomic indicators that influence Nigeria's GDP growth.
Moreover, our website enables users to export historical data for free, making it easy to further analyze and integrate the data into your research or reports.
We strive to provide you with accurate and up-to-date information to assist in your decision-making process. Please note that while we make every effort to ensure the reliability of our data, users should always exercise caution and consult multiple sources for comprehensive analysis.
Start exploring Nigeria's GDP growth data, trends, and analytics today to gain valuable insights into the country's economic performance.
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 |