Ghana
Côte d'Ivoire
Senegal
Kenya
Egypt
South Africa
United States
United Kingdom
China
India
Inflation is easing and growth is picking up
The headline numbers on Nigeria's economy, read together: prices, output and interest rates.
Charts and historical trends
Choose a time range, hover for values, and download the data behind each chart.
How Nigeria compares
Latest available year for each country, from the same international source. Nigeria is highlighted.
- Ethiopia9.8% 2025
- Rwanda9.4% 2025
- Senegal6.7% 2025
- Côte d'Ivoire6.5% 2025
- Ghana6.0% 2025
- Kenya4.6% 2025
- Morocco4.6% 2025
- Egypt4.4% 2025
- Nigeria4.0% 2025
- South Africa1.1% 2025
- Nigeria23.0% 2025
- Ghana14.2% 2025
- Egypt14.1% 2025
- Ethiopia13.2% 2025
- Rwanda5.9% 2025
- Kenya4.1% 2025
- South Africa3.2% 2025
- Senegal1.5% 2025
- Morocco0.7% 2025
- Côte d'Ivoire0.1% 2025
- South Africa32.4% 2025
- Rwanda11.4% 2025
- Morocco9.0% 2025
- Egypt6.8% 2025
- Kenya5.4% 2025
- Ethiopia3.3% 2025
- Nigeria3.1% 2025
- Ghana3.0% 2025
- Senegal2.7% 2025
- Côte d'Ivoire2.3% 2025
- South Africa$6,598 2025
- Morocco$4,672 2025
- Ghana$3,257 2025
- Egypt$3,086 2025
- Côte d'Ivoire$3,050 2025
- Kenya$2,363 2025
- Senegal$1,955 2025
- Nigeria$1,224 2025
- Rwanda$1,124 2025
- Ethiopia$933 2025
What each indicator means
Definitions, units, how often each figure is published and who publishes it. Each chart shows its reference period.
| Indicator | Definition | Unit | Frequency | Source |
|---|---|---|---|---|
| Real GDP growth | Change in the volume of goods and services produced, after removing price changes, compared with the same period a year earlier. | % year on year | Quarterly | National Bureau of Statistics (NBS) |
| Headline inflation | Change in the Consumer Price Index compared with the same month a year earlier. | % year on year | Monthly | NBS, Consumer Price Index |
| Monetary Policy Rate (MPR) | The benchmark interest rate set by the CBN Monetary Policy Committee, which anchors other interest rates. | % a year | At each MPC meeting | Central Bank of Nigeria (CBN) |
| Official exchange rate (NFEM) | The closing naira price of one US dollar in the Nigerian Foreign Exchange Market. | ₦ per US$ | Daily | CBN |
| Gross external reserves | Foreign currency and other reserve assets held by the CBN. | US$ billion | Daily, reported monthly | CBN |
| Unemployment rate | Share of the labour force without work and looking for it. Comparisons use the ILO modelled estimate so countries are measured the same way. | % of labour force | Annual (ILO); quarterly (NBS) | ILO via World Bank; NBS Labour Force Survey |
How these figures are compiled
Headline figures are taken from the latest official release on the day it is published. GDP is on the rebased (2019) series. Exchange rates are the CBN NFEM close; monthly averages are CBN figures. Comparisons with other countries use World Bank and IMF series, which are annual and can lag national releases by a year or more.
Get the data
- Nigeria GDP: nominal size and real growth, 2019–2025 (rebased) CSVExcelJSON
- Monetary Policy Rate, monthly (2016–2026) CSVExcelJSON
- Naira exchange rates: CBN monthly averages since 2001 CSVExcelJSON
- Nigeria GDP by broad sector, Q2 2026 CSVExcelJSON
- Nigeria’s largest economic activities, Q2 2026 CSVExcelJSON
- Nigeria’s ten largest activities by nominal output, 2024 and 2025 CSVExcelJSON
- Naira per US dollar: NFEM daily rates since December 2024 CSVExcelJSON
- NGX returns compared with inflation, 2015–2025 CSVExcelJSON
Analysis and publications on this topic
Headline inflation slows to 14.63% in September
Down from 15.39% in August, according to the National Bureau of Statistics. Food inflation stood at 19.59% year on year.
· 1 min read GrowthGDP grew 4.43% in Q2 2026
Nigeria's real GDP grew 4.43% year on year in the second quarter of 2026, with oil and services leading the pickup.
· 1 min readSee also: Exchange rates in detail · Money markets
The next releases that will move the picture
Next CPI release
NBS publishes monthly inflation mid-month. A further fall would widen the gap between inflation and the policy rate, which matters for savings and loan pricing.
MPC decisions
The CBN has prioritised naira stability. Watch how real interest rates, reserves and the FX market shape the next decision.
Q3 GDP
Third-quarter GDP shows whether the oil and services momentum from Q2 carried into the second half of the year.
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