{
  "title": "Nigeria: Selected Issues and Statistical Appendix",
  "publication": "IMF Staff Country Reports, September 15, 1998",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/nigeria-selected-issues-and-statistical-appendix-2728",
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  "summary": "This Selected Issues paper and Statistical Appendix on Nigeria reviews economic development in Nigeria during 1994–97. Economic activity in Nigeria picked up modestly from its previously low growth rates in 1996–97, as growth in real GDP averaged 4 percent, compared with an average of less than 2 pe",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Scope: Reviews economic development in Nigeria during 1994–97.\n- Timeframe comparisons highlighted: 1996–97 versus 1992–95."
    },
    {
      "heading": "Key findings",
      "content": "- Real GDP growth averaged 4 percent in 1996–97.\n- Real GDP growth averaged less than 2 percent during 1992–95.\n- The recovery in 1996–97 was underpinned by steady growth in the petroleum sector.\n- The petroleum sector comprises more than 40 percent of GDP.\n- Petroleum sector strength reflected buoyant world market demand and high international prices."
    },
    {
      "heading": "Major themes and topics covered",
      "content": "- Arrears\n- Exchange rates and Real exchange rates\n- Expenditure\n- External debt\n- Foreign exchange"
    },
    {
      "heading": "Keywords and focus areas",
      "content": "- Africa, Arrears, CR, exchange rate, Exchange rates, federation, federation account, FOS estimate, GDP comparison, GDP deflator, IMF GDP, ISCR, oil GDP, price development, private sector, production function, rate, Real exchange rates\n\nNigeria: Selected Issues and Statistical Appendix — September 15, 1998.\n\n---\n\n Content in this bundle\n\n- Nigeria: Selected Issues and Statistical Appendix - ISCR/98/78\n  - Nigeria: Selected Issues and Statistical Appendix - ISCR/98/78 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Nigeria: Selected Issues and Statistical Appendix - ISCR/98/78 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 15, 1998",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451828870.002",
    "Scope: Reviews economic development in Nigeria during 1994–97.",
    "Timeframe comparisons highlighted: 1996–97 versus 1992–95.",
    "Real GDP growth averaged 4 percent in 1996–97.",
    "Real GDP growth averaged less than 2 percent during 1992–95.",
    "The recovery in 1996–97 was underpinned by steady growth in the petroleum sector.",
    "The petroleum sector comprises more than 40 percent of GDP.",
    "Petroleum sector strength reflected buoyant world market demand and high international prices.",
    "Africa, Arrears, CR, exchange rate, Exchange rates, federation, federation account, FOS estimate, GDP comparison, GDP deflator, IMF GDP, ISCR, oil GDP, price development, private sector, production function, rate, Real exchange rates",
    "**Nigeria: Selected Issues and Statistical Appendix - ISCR/98/78**"
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