## Nigeria: Selected Issues and Statistical Appendix

_IMF Staff Country Reports, September 15, 1998_

## Source details

**Canonical URL:** [Nigeria: Selected Issues and Statistical Appendix](https://www.imf.org/en/publications/cr/issues/2016/12/30/nigeria-selected-issues-and-statistical-appendix-2728)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/nigeria-selected-issues-and-statistical-appendix-2728/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/nigeria-selected-issues-and-statistical-appendix-2728/index.json)
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## Bibliographic details
- Published: September 15, 1998
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451828870.002

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### Overview
- Scope: Reviews economic development in Nigeria during 1994–97.
- Timeframe comparisons highlighted: 1996–97 versus 1992–95.

### Key findings
- 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.

### Major themes and topics covered
- Arrears
- Exchange rates and Real exchange rates
- Expenditure
- External debt
- Foreign exchange

### Keywords and focus areas
- 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 — September 15, 1998.*

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## Content in this bundle

- **Nigeria: Selected Issues and Statistical Appendix - ISCR/98/78**
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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/nigeria-selected-issues-and-statistical-appendix-2728_