Nigeria: Country forecast summary

Content Type
Country Data and Maps
Institution
Economist Intelligence Unit
Abstract
No abstract is available.
Topic
Summary, Economy, 5-year summary, Key indicators
Political Geography
Nigeria

Country forecast overview: Key indicators

Key indicators 2020 2021 2022 2023 2024 2025
Real GDP growth (%) -1.8 1.2 3.3 4.0 3.9 1.9
Consumer price inflation (av; %) 13.2 17.0 12.4 11.2 10.0 12.5
Budget balance (% of GDP) -3.7 -3.3 -2.9 -2.4 -2.3 -2.5
Current-account balance (% of GDP) -3.9 -0.9 1.5 1.7 1.9 1.2
Commercial banks' prime rate (av; %) 15.0 14.9 15.3 15.8 15.1 15.0
Exchange rate N:US$ (av) 356.3 410.2 422.5 423.7 424.3 458.1

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