Nigeria

Key Indicators

Summary statistics

Capital: Abuja
Currency: Nigerian Naira (NGN)
Area: 923,768 km²
Geographic Location: Region: West Africa, Coordinates: Approximately 9.06°N latitude and 7.49°E longitude.
Population: 232.7 million

Description20222023
National Accounts
Real GDP Growth (annual percent change)3.32.9
GDP (current prices, billions of US$)477.38390
GDP per capita (current prices, US$ per capita)2.2 thousand1.76 thousand
Inflation rate, average consumer prices (annual % change)18.825.1
Trade
Imports in Services (current prices, millions of $US)  
Exports in Services (current prices, millions of $US)  
Merchandise Imports (current prices, millions of $US)  
Merchandise Exports (current prices, millions of $US)  
Gas + Petrol Imports (in thousands of $US)  
Gas + Petrol Exports (in thousands of $US)  
BOP ( BALANCE OF PAYMENTS)
Current account, balance (billions of $US)1.0192.817
Current account, balance ( % of GDP)0.20.7
FINANCE
General government net lending/borrowing (% of GDP)-5.6-5.4
General government gross debt (% of GDP)39.638.8
EMPLOYMENT & SOCIAL INDICATORS
Population218,541,212223,804,632

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