World Economic Outlook Database, April 2020

Step 5 of 5 Select Countries Select Series Select Date Range View and Save Results Start New Query
 

5. Report for Selected Countries and Subjects

You will find notes on the data and options to download the table below your results.
       Shaded cells indicate IMF staff estimates
CountrySubject DescriptorUnitsScaleCountry/Series-specific Notes20172018201920202021
NigeriaGross domestic product, constant pricesPercent change Source: National Statistics Office. Official re-based (2010) data for 2010-13 was published in July 2014, based on SNA 2008. Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
Latest actual data: 2018
Notes: Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010. from October WEO submission
Chain-weighted: No0.8061.9232.208-3.4102.365
NigeriaGross domestic product, current pricesPurchasing power parity; international dollarsBillionsSource: National Statistics Office. Official re-based (2010) data for 2010-13 was published in July 2014, based on SNA 2008. Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
Latest actual data: 2018
Notes: Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010. from October WEO submission
Chain-weighted: No1,119.4291,168.7511,215.3891,181.3991,232.913
NigeriaInflation, average consumer pricesPercent change Source: National Statistics Office
Latest actual data: 2018
Notes: Data prior to 1990 cannot be confirmed by national sources at this time.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2009. The base period is November 2009 which explains the small discrepancy in 2009.16.50212.09411.39713.39312.370
NigeriaUnemployment ratePercent of total labor force Source: National Statistics Office
Latest actual data: 2017. Data for 2018 is as of Q3.
Employment type: The new definition of unemployment uses a variant of the ILO definition. People who worked 20-40 hours are now reported as underemployed rather than unemployed.
Primary domestic currency: Nigerian naira
Data last updated: 04/202017.46222.562n/an/an/a
Notes
  Country/Series-specific Notes  
  Nigeria: Gross domestic product, constant prices (Percent change)
Source: National Statistics Office. Official re-based (2010) data for 2010-13 was published in July 2014, based on SNA 2008. Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
Latest actual data: 2018
Notes: Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010. from October WEO submission
Chain-weighted: No


Nigeria: Gross domestic product, current prices (Purchasing power parity; international dollars)
Source: National Statistics Office. Official re-based (2010) data for 2010-13 was published in July 2014, based on SNA 2008. Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
Latest actual data: 2018
Notes: Official backcasted data were published in July 2016 and 1990-2009 nominal and real GDP numbers were updated. However expenditure components of GDP are still IMF staff estimates and are subject to revision with official backcasted data.
National accounts manual used: System of National Accounts (SNA) 2008
GDP valuation: Market prices
Start/end months of reporting year: January/December
Base year: 2010. from October WEO submission
Chain-weighted: No


Nigeria: Inflation, average consumer prices (Percent change)
Source: National Statistics Office
Latest actual data: 2018
Notes: Data prior to 1990 cannot be confirmed by national sources at this time.
Harmonized prices: No
Frequency of source data: Monthly
Base year: 2009. The base period is November 2009 which explains the small discrepancy in 2009.


Nigeria: Unemployment rate (Percent of total labor force)
Source: National Statistics Office
Latest actual data: 2017. Data for 2018 is as of Q3.
Employment type: The new definition of unemployment uses a variant of the ILO definition. People who worked 20-40 hours are now reported as underemployed rather than unemployed.
Primary domestic currency: Nigerian naira
Data last updated: 04/2020


 
  Download  
  The downloads are presented in Tab Delimited Values format which is compatible with most statistical packages and Excel.  
 
Download
Your WEO Report
 
  Start New Query