Nigeria Unemployment Rate

2022 - 2023 | Quarterly | % | CEIC Data

Key information about Nigeria Unemployment Rate

Nigeria Unemployment Rate dropped to 4.10% in Mar 2023, from the previously reported figure of 5.30% in Dec 2022.
Nigeria Unemployment Rate is updated quarterly, available from Dec 2022 to Mar 2023, with an average rate of 4.70%.
The data reached an all-time high of 5.30% in Dec 2022 and a record low of 4.10% in Mar 2023.
The data is reported by reported by CEIC Data.
In the latest reports, Nigeria Population reached 211.49 million people in Dec 2021.

View Nigeria's Unemployment Rate from Dec 2022 to Mar 2023 in the chart:

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What was Nigeria's Unemployment Rate in Mar 2023?

Nigeria Unemployment Rate dropped to 4.10% in Mar 2023, from the previously reported figure of 5.30% in Dec 2022. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
4.10 Mar 2023	5.30 Dec 2022	4.10 Mar 2023	5.30 Dec 2022	%	quarterly	Dec 2022 - Mar 2023

Unemployment Rate by Country Comparison

country/region	Last	Frequency	Range
Albania (%)	8.76 Dec 2024	quarterly	Mar 2012 - Dec 2024
Algeria (%)	11.40 Jun 2019	quarterly	Mar 2014 - Jun 2019
Argentina (%)	6.90 Mar 2023	quarterly	Jun 1990 - Mar 2023
Armenia (%)	13.30 Sep 2024	quarterly	Mar 2008 - Sep 2024
Australia (%)	4.11 Jan 2025	monthly	Feb 1978 - Jan 2025
Austria (%)	5.50 Jan 2025	monthly	Jan 1993 - Jan 2025
Azerbaijan (%)	5.64 Mar 2023	quarterly	Mar 2008 - Mar 2023
Bahrain (%)	5.90 2020	yearly	1991 - 2020
Bangladesh (%)	5.30 2020	yearly	1991 - 2020
Belarus (%)	0.10 Jan 2025	monthly	Oct 2004 - Jan 2025
Belgium (%)	5.80 Jan 2025	monthly	Jan 1983 - Jan 2025
Bolivia (%)	2.70 Sep 2024	quarterly	Dec 2015 - Sep 2024
Bosnia and Herzegovina (%)	13.17 2023	yearly	2006 - 2023
Botswana (%)	20.68 2022	yearly	1991 - 2022
Brazil (%)	6.50 Jan 2025	monthly	Mar 2012 - Jan 2025
Brunei (%)	4.80 2024	yearly	1981 - 2024
Bulgaria (%)	3.80 Dec 2024	quarterly	Mar 2000 - Dec 2024
Cambodia (%)	2.40 2020	yearly	2020 - 2020
Canada (%)	6.60 Feb 2025	monthly	Jan 1976 - Feb 2025
Chile (%)	8.02 Jan 2025	monthly	Mar 2009 - Jan 2025
China (%)	5.10 Dec 2024	quarterly	Mar 2017 - Dec 2024
Colombia (%)	11.64 Jan 2025	monthly	Jan 2001 - Jan 2025
Croatia (%)	6.80 Dec 2022	quarterly	Mar 1998 - Dec 2022
Cyprus (%)	5.00 Jan 2025	monthly	Jan 2000 - Jan 2025
Czech Republic (%)	2.68 Jan 2025	monthly	Jan 1993 - Jan 2025
Denmark (%)	4.90 Apr 2023	monthly	Jan 2007 - Apr 2023
Ecuador (%)	3.38 Dec 2024	quarterly	Dec 2013 - Dec 2024
Egypt (%)	6.70 Sep 2024	quarterly	Mar 2003 - Sep 2024
Estonia (%)	5.30 Mar 2023	quarterly	Mar 1997 - Mar 2023
European Union (%)	5.80 Jan 2025	monthly	Jan 2000 - Jan 2025
Finland (%)	6.90 Apr 2023	monthly	Jan 1988 - Apr 2023
France (%)	7.20 Jun 2023	quarterly	Mar 1975 - Jun 2023
Georgia (%)	16.40 2023	yearly	1991 - 2023
Germany (%)	3.50 Jan 2025	monthly	Jan 1991 - Jan 2025
Ghana (%)	3.56 2023	yearly	1991 - 2023
Greece (%)	11.20 Apr 2023	monthly	Apr 1998 - Apr 2023
Hong Kong SAR, China (%)	3.10 Jan 2025	monthly	Oct 1981 - Jan 2025
Hungary (%)	4.34 Jan 2025	monthly	Jan 2000 - Jan 2025
Iceland (%)	3.35 Dec 2024	monthly	Jan 2003 - Dec 2024
India (%)	7.11 2020	yearly	1991 - 2020
Indonesia (%)	4.91 2024	yearly	1984 - 2024
Iran (%)	9.40 Mar 2022	quarterly	Jun 2001 - Mar 2022
Ireland (%)	4.10 Jul 2023	monthly	Jan 1998 - Jul 2023
Israel (%)	2.61 Jan 2025	monthly	Jan 2012 - Jan 2025
Italy (%)	6.28 Jan 2025	monthly	Jan 1983 - Jan 2025
Ivory Coast (%)	3.50 2020	yearly	1991 - 2020
Japan (%)	2.50 Jan 2025	monthly	Jan 1953 - Jan 2025
Jordan (%)	21.30 Nov 2024	quarterly	Feb 2000 - Nov 2024
Kazakhstan (%)	4.60 Jan 2025	monthly	Jan 2001 - Jan 2025
Kenya (%)	2.98 2020	yearly	1991 - 2020
South Korea (%)	2.70 Feb 2025	monthly	Jun 1999 - Feb 2025
Kosovo (%)	10.70 Dec 2023	quarterly	Mar 2016 - Dec 2023
Kuwait (%)	0.93 2021	yearly	1999 - 2021
Kyrgyzstan (%)	4.10 2023	yearly	1992 - 2023
Laos (%)	0.95 2020	yearly	1991 - 2020
Latvia (%)	6.90 Jan 2025	monthly	Jan 1998 - Jan 2025
Lebanon (%)	29.56 2021	yearly	2004 - 2021
Lithuania (%)	6.60 Jan 2025	monthly	Jan 1998 - Jan 2025
Luxembourg (%)	5.85 Jan 2025	monthly	Jan 1995 - Jan 2025
Macau SAR, China (%)	1.60 Jan 2025	monthly	Sep 1996 - Jan 2025
North Macedonia (%)	11.90 Dec 2024	quarterly	Mar 2023 - Dec 2024
Malawi (%)	6.60 2013	yearly	2005 - 2013
Malaysia (%)	3.10 Jan 2025	monthly	Jan 2010 - Jan 2025
Malta (%)	2.29 Dec 2024	quarterly	Mar 2018 - Dec 2024
Mauritius (%)	7.10 Mar 2020	quarterly	Mar 2004 - Mar 2020
Mexico (%)	2.61 Jan 2025	monthly	Jan 2005 - Jan 2025
Moldova (%)	5.55 Mar 2023	quarterly	Mar 1999 - Mar 2023
Mongolia (%)	5.30 Dec 2024	quarterly	Sep 2006 - Dec 2024
Montenegro (%)	11.00 Sep 2024	quarterly	Mar 2008 - Sep 2024
Morocco (%)	13.60 Sep 2024	quarterly	Mar 1999 - Sep 2024
Mozambique (%)	3.67 2023	yearly	1991 - 2023
Myanmar (%)	1.79 2020	yearly	1991 - 2020
Nepal (%)	4.44 2020	yearly	1991 - 2020
Netherlands (%)	3.10 Jul 2021	monthly	Jan 2003 - Jul 2021
New Zealand (%)	5.10 Dec 2024	quarterly	Mar 1986 - Dec 2024
Nigeria (%)	4.10 Mar 2023	quarterly	Dec 2022 - Mar 2023
Norway (%)	3.90 Dec 2024	monthly	Jan 1989 - Dec 2024
Oman (%)	3.60 Jan 2025	monthly	Mar 2018 - Jan 2025
Pakistan (%)	6.30 2021	yearly	1980 - 2021
Palestinian Territory (%)	31.10 Jun 2024	quarterly	Mar 2000 - Jun 2024
Panama (%)	9.50 2024	yearly	2003 - 2024
Paraguay (%)	4.55 Dec 2024	quarterly	Mar 2017 - Dec 2024
Peru (%)	6.15 Jan 2025	monthly	Mar 2001 - Jan 2025
Philippines (%)	4.50 Apr 2023	quarterly	Jul 1982 - Apr 2023
Poland (%)	5.40 Jan 2025	monthly	Jan 1990 - Jan 2025
Portugal (%)	7.20 Jan 2021	monthly	Feb 1998 - Jan 2021
Qatar (%)	0.10 2019	yearly	1997 - 2019
Romania (%)	5.60 Apr 2023	monthly	Jan 2004 - Apr 2023
Russia (%)	2.40 Jul 2024	monthly	Jan 1994 - Jul 2024
Saudi Arabia (%)	3.73 Sep 2024	quarterly	Mar 2012 - Sep 2024
Serbia (%)	8.10 Sep 2024	quarterly	Mar 2014 - Sep 2024
Singapore (%)	1.90 May 2023	monthly	Mar 2020 - May 2023
Slovakia (%)	5.09 Jan 2025	monthly	Jan 2006 - Jan 2025
Slovenia (%)	3.50 Dec 2024	quarterly	Jun 1997 - Dec 2024
South Africa (%)	32.10 Sep 2024	quarterly	Mar 2008 - Sep 2024
Spain (%)	10.61 Dec 2024	quarterly	Mar 2021 - Dec 2024
Sri Lanka (%)	4.10 Sep 2024	quarterly	Mar 2004 - Sep 2024
Sudan (%)	20.30 2010	yearly	1993 - 2010
Sweden (%)	7.22 Apr 2023	monthly	Jan 1983 - Apr 2023
Switzerland (%)	4.44 Dec 2024	monthly	Jan 1991 - Dec 2024

Nigeria Key Series

Government and Public Finance	Last	Frequency	Range
Consolidated Fiscal Balance: % of GDP (%)	-5.7 Sep 2024	quarterly	Dec 2010 - Sep 2024
Consolidated Fiscal Balance (USD mn)	-2,078.997 Sep 2024	quarterly	Mar 2005 - Sep 2024
National Government Debt (USD mn)	86,261.2 Sep 2024	quarterly	Dec 2006 - Sep 2024
Government Debt: % of GDP (%)	53.8 Sep 2024	quarterly	Dec 2010 - Sep 2024
Forecast: Government Expenditure (NGN bn)	100,505.650 2029	yearly	1990 - 2029
Forecast: Government Net Debt (NGN bn)	285,181.495 2029	yearly	1990 - 2029
Forecast: Government Revenue (NGN bn)	72,588.069 2029	yearly	1990 - 2029
Gross Federation Account Revenue: Oil (NGN bn)	1,304.960 Sep 2024	quarterly	Mar 2005 - Sep 2024
Gross Federation Account Revenue (NGN bn)	6,865.840 Sep 2024	quarterly	Mar 2005 - Sep 2024
Federal Govt Balance (NGN bn)	-3,301.610 Sep 2024	quarterly	Mar 2005 - Sep 2024
Federal Govt Expenditure (NGN bn)	5,584.150 Sep 2024	quarterly	Mar 2005 - Sep 2024
Federal Govt Expenditure: Recurrent (NGN bn)	3,732.590 Sep 2024	quarterly	Mar 2005 - Sep 2024
Federal Govt Expenditure: Capital (NGN bn)	1,415.860 Sep 2024	quarterly	Mar 2005 - Sep 2024
Federal Govt Revenue (NGN bn)	2,282.540 Sep 2024	quarterly	Mar 2005 - Sep 2024
Government Debt: Domestic (NGN bn)	69,219.806 Sep 2024	quarterly	Dec 2005 - Sep 2024

Foreign Trade	Last	Frequency	Range
Forecast: Exports of Goods Growth (%)	-1.879 2028	yearly	1991 - 2028
Trade Balance (USD mn)	1,027.6 Sep 2024	monthly	Jan 2003 - Sep 2024
Total Exports (USD mn)	3,738.1 Sep 2024	monthly	Jan 2003 - Sep 2024
Total Exports Growth (%)	56.4 Sep 2024	monthly	Jan 2004 - Sep 2024
Aluminum: Exports (USD th)	187,832.450 2023	yearly	1995 - 2023
Exports: Medicament (USD th)	1,530.686 2023	yearly	1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th)	329.199 2023	yearly	1995 - 2023
Total Imports (USD mn)	2,989.3 Mar 2023	monthly	Jan 2003 - Mar 2023
Total Imports Growth (%)	62.9 Sep 2024	monthly	Jan 2004 - Sep 2024
Imports: Medicament (USD th)	614,222.259 2023	yearly	1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th)	227,440.624 2023	yearly	1995 - 2023
Total Exports to USA (USD mn)	124.857 Sep 2024	monthly	Jan 2003 - Sep 2024
Total Imports from USA (USD mn)	275.937 Sep 2024	monthly	Dec 2009 - Sep 2024
Total Exports to China (USD mn)	105.763 Sep 2024	monthly	Jan 2007 - Sep 2024
Total Imports from China (USD mn)	802.488 Sep 2024	monthly	Jan 2007 - Sep 2024
Exports: Crude Oil (NGN mn)	3,905,247.850 Sep 2024	monthly	Jan 2003 - Sep 2024
Total Trade (NGN mn)	10,432,090.965 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Growth Rate: MoM (%)	-17.535 Sep 2024	monthly	Jan 2019 - Sep 2024
Exports: Growth Rate: MoM (%)	-17.669 Sep 2024	monthly	Jan 2019 - Sep 2024
Imports (NGN mn)	4,384,900.258 Sep 2024	monthly	Jan 2003 - Sep 2024
Exports: Europe: ow Netherlands (NGN mn)	261,930.167 Sep 2024	monthly	Jan 2003 - Sep 2024
Exports (NGN mn)	6,047,190.706 Sep 2024	monthly	Jan 2003 - Sep 2024
Exports: America: ow USA (NGN mn)	201,983.472 Sep 2024	monthly	Jan 2003 - Sep 2024
Exports: Europe: ow UK (NGN mn)	180,704.134 Sep 2024	monthly	Jan 2003 - Sep 2024
Exports: Vegetable Products (NGN mn)	786,963.687 2023	yearly	2003 - 2023
Exports: Mineral Products (NGN mn)	33,075,147.443 2023	yearly	2003 - 2023
Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn)	53,170.162 2023	yearly	2003 - 2023
Imports: Asia: ow China (NGN mn)	1,298,198.961 Sep 2024	monthly	Jan 2007 - Sep 2024
Imports: America: ow USA (NGN mn)	446,388.165 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Europe: ow Netherlands (NGN mn)	201,091.335 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Europe: ow UK (NGN mn)	134,085.602 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Europe: ow Germany (NGN mn)	135,143.103 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Chemicals and Chemical Products (NGN mn)	614,100.231 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Manufactured Goods (NGN mn)	488,494.173 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn)	1,024,863.121 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Machinery and Transport Equipment (NGN mn)	1,432,150.870 Sep 2024	monthly	Jan 2003 - Sep 2024
Imports: Food and Live Animals (NGN mn)	455,343.676 Sep 2024	monthly	Jan 2003 - Sep 2024
Export Value Index (2015=100)	93.461 2021	yearly	1980 - 2021
Import Value Index (2015=100)	116.198 2021	yearly	1980 - 2021

Balance of Payments	Last	Frequency	Range
Direct Investment Abroad (USD mn)	-831.3 Jun 2024	quarterly	Mar 2008 - Jun 2024
Current Account Balance (USD mn)	5,142.5 Jun 2024	quarterly	Mar 2014 - Jun 2024
Current Account Balance: % of GDP (%)	11.5 Jun 2024	quarterly	Mar 2014 - Jun 2024
Foreign Direct Investment (USD mn)	1,197.6 Mar 2023	quarterly	Mar 2014 - Mar 2023
Foreign Direct Investment: % of GDP (%)	1.3 Sep 2024	quarterly	Mar 2010 - Sep 2024
Foreign Portfolio Investment (USD mn)	4,416.719 Jun 2024	quarterly	Mar 2008 - Jun 2024
Foreign Portfolio Investment: % of GDP (%)	4.3 Sep 2024	quarterly	Mar 2010 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn)	-309.3 Jun 2024	quarterly	Mar 2008 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn)	4,726.039 Jun 2024	quarterly	Mar 2008 - Jun 2024
External Debt (USD mn)	43,026.6 Sep 2024	quarterly	Dec 2006 - Sep 2024
External Debt: % of GDP (%)	11.9 2023	yearly	1985 - 2023
External Debt: Short Term (USD mn)	1,005.6 2020	yearly	2008 - 2020
External Debt: Short Term: % of GDP (%)	0.2 2020	yearly	2008 - 2020
Forecast: Current Account Balance (USD bn)	-5.481 2029	yearly	1980 - 2029
Net International Investment Position (USD mn)	-86,263.760 2023	yearly	2005 - 2023
External Debt: Service Payments (USD mn)	194.440 Dec 2018	quarterly	Mar 2008 - Dec 2018
External Debt: Government (USD mn)	43,026.550 Sep 2024	quarterly	Dec 2006 - Sep 2024
External Debt: Government: International Capital Market (USD mn)	15,118.350 Sep 2024	quarterly	Mar 2011 - Sep 2024

Monetary	Last	Frequency	Range
Non Performing Loans Ratio (%)	6.1 2019	yearly	2003 - 2019
Non-Performing Loans (USD mn)	3,315.011 Mar 2021	quarterly	Mar 2007 - Mar 2021
Money Supply M1 (USD mn)	24,967.124 Jan 2025	monthly	Nov 1992 - Jan 2025
Money Supply M2 (USD mn)	75,096.954 Jan 2025	monthly	Nov 1992 - Jan 2025
M2 Growth (%)	18.3 Jan 2025	monthly	Nov 1993 - Jan 2025
Reserve Requirement Ratio (%)	50.0 Feb 2025	monthly	Nov 2005 - Feb 2025
Foreign Exchange Reserves (USD mn)	40,380.0 Nov 2024	monthly	Jan 1960 - Nov 2024
Foreign Exchange Reserves: % of GDP (%)	18.573 Sep 2024	quarterly	Dec 2010 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA)	14.5 Sep 2024	monthly	Jan 2003 - Sep 2024
Gold Reserves (USD mn)	1,599.957 Jun 2024	monthly	Dec 1950 - Jun 2024
Total Deposits (USD mn)	84,213.801 Dec 2019	monthly	Nov 1992 - Dec 2019
Total Deposits Growth (%)	2.6 Dec 2019	monthly	Nov 1993 - Dec 2019
Domestic Credit (USD mn)	67,269.4 Jan 2025	monthly	Nov 1992 - Jan 2025
Domestic Credit Growth (%)	-0.6 Jan 2025	monthly	Nov 1993 - Jan 2025
Private Debt: % of Nominal GDP (%)	20.83 Jun 2024	quarterly	Dec 2010 - Jun 2024
Monetary Survey: Liabilities: Base Money (NGN mn)	32,659,076.490 Jan 2025	monthly	Jan 1993 - Jan 2025
Monetary Survey: Liabilities: M2: M1 (NGN mn)	36,894,418.660 Jan 2025	monthly	Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M2: Quasi Money (NGN mn)	74,077,851.830 Jan 2025	monthly	Nov 1992 - Jan 2025
Monetary Survey: Liabilities: M3 (NGN mn)	35,345,802.020 Jun 2020	monthly	Nov 1992 - Jun 2020
Monetary Survey: Liabilities: M2 (NGN mn)	110,972,270.500 Jan 2025	monthly	Nov 1992 - Jan 2025
Non Performing Loans to Gross Loans (%)	4.140 Jun 2023	semiannually	Dec 2003 - Jun 2023

Business and Economic Survey	Last	Frequency	Range
Business Confidence Growth (% Point)	4.4 Nov 2024	monthly	Jul 2015 - Nov 2024

More Indicators for Nigeria

Indicators	Last	Frequency	Range
Nigeria NG: Mortality Rate: Infant per 1000 Births (NA)	29.80 2050	yearly	1953 - 2050
Nigeria NG: External Debt: AMT: PNG: Commercial Banks and Other Creditors (USD mn)	1,169.66 2016	yearly	1970 - 2016
Nigeria NG: Number of Migrants: Net (Person)	-93,911.00 2050	yearly	1953 - 2050
Nigeria NG: External Debt: AMT: PPG: Private Creditors: Others (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Population Projection: Mid Year: Growth (%)	1.87 2050	yearly	1953 - 2050
Nigeria NG: External Debt: AMT: PPG: Private Creditors (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Crude Death Rate: per 1000 Persons (NA)	6.70 2050	yearly	1953 - 2050
Nigeria NG: External Debt: Principal Arrears: Public and Publicly Guaranteed (PP... (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Crude Birth Rate: per 1000 Persons (NA)	25.60 2050	yearly	1953 - 2050
Nigeria NG: External Debt: Principal Arrears: Official Creditors (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Number of Births (Person)	10,001,545.00 2050	yearly	1953 - 2050
Nigeria NG: Number of Deaths (Person)	2,602,123.00 2050	yearly	1953 - 2050
Nigeria NG: External Debt: Principal Arrears: Private Creditors (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Principal Forgiven (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Principal Rescheduled (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Principal Rescheduled: Official (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Principal Rescheduled: Private (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: COM: Commitments: Public and Publicly Guaranteed (PPG... (USD mn)	1,063.67 2016	yearly	1970 - 2016
Nigeria NG: External Debt: COM: Commitments: The International Bank for Reconstr... (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: COM: Commitments: International Development Associati... (USD mn)	443.26 2016	yearly	1970 - 2016
Nigeria NG: External Debt: COM: Commitments: Official Creditors (USD mn)	1,063.67 2016	yearly	1970 - 2016
Nigeria NG: External Debt: COM: Commitments: Private Creditors (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: Deutsche Mark (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: Euro (%)	0.83 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: French Franc (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: Japanese Yen (%)	0.29 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: Multiple Currencies (%)	0.36 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: All Other Currencies (%)	10.67 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: SDR (%)	17.12 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: Swiss Franc (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: Pound Sterling (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Currency Composition of PPG Debt: USD (%)	70.72 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Forgiveness or Reduction (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: Official Creditors: Bilateral (USD mn)	380.44 2017	yearly	1970 - 2017
Nigeria NG: External Debt: DIS: PPG: Official Creditors: Bilateral: Concessional (USD mn)	498.89 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: IMF Purchases (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: Disbursements: Long-Term and IMF (USD mn)	4,433.78 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: Disbursements: Long-Term (USD mn)	1,238.17 2017	yearly	1970 - 2017
Nigeria NG: External Debt: DIS: Disbursements: Private Non-Guaranteed (USD mn)	3,082.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: Disbursements: Public and Publicly Guaranteed (USD mn)	1,351.78 2016	yearly	1970 - 2016
Nigeria NG: International Development Association: Grants (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: Public and Publicly Guaranteed (PPG): The Intern... (USD mn)	0.81 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: International Development Association (IDA) (USD mn)	788.36 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: Official Creditors: Multilateral (USD mn)	857.74 2017	yearly	1970 - 2017
Nigeria NG: External Debt: DIS: PPG: Official Creditors: Multilateral: Concessio... (USD mn)	850.21 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: Official Creditors (USD mn)	1,238.17 2017	yearly	1970 - 2017
Nigeria NG: External Debt: DIS: PPG: Private Creditors: Bonds (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: Private Creditors: Commercial Banks (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: Private Non-Guaranteed (PNG): Bonds (USD mn)	1,167.31 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PNG: Commercial Banks and Other Creditors (USD mn)	1,914.69 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: Private Creditors: Others (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DIS: PPG: Private Creditors (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Concessional (USD mn)	9,760.88 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Concessional Debt: % of Total External Debt (%)	31.33 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Official Creditors: Bilateral (USD mn)	2,350.41 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Official Creditors: Bilateral: Concessional (USD mn)	2,350.41 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Debt Outstanding, Debt Ration and Debt Service (DOD):... (USD mn)	31,151.47 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Stocks: Total Change (USD mn)	2,208.51 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Stocks: % of Exports of Goods, Services and Primary I... (%)	78.47 2016	yearly	1977 - 2016
Nigeria NG: External Debt: Stocks: % of GNI (%)	7.86 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Use of IMF Credit (USD mn)	2,252.26 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Long-Term (USD mn)	28,899.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Private Non-Guaranteed (USD mn)	17,487.06 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Public and Publicly Guaranteed (USD mn)	11,411.94 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Short-Term (USD mn)	0.22 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Short-Term Debt: % of Total Reserves (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Short-Term Debt: % of Exports of Goods, Services and ... (%)	0.00 2016	yearly	1977 - 2016
Nigeria NG: External Debt: Short-Term Debt: % of Total External Debt (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: Debt Forgiveness Grants (USD mn)	18.25 2010	yearly	1970 - 2010
Nigeria NG: External Debt: DOD: Public and Publicly Guaranteed (PPG): The Intern... (USD mn)	3.88 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: International Development Association (IDA) (USD mn)	6,636.16 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Official Creditors: Multilateral (USD mn)	8,061.53 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Multilateral Debt: % of Total External Debt (%)	25.88 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Official Creditors: Multilateral: Concessio... (USD mn)	7,410.47 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: The International Bank for Reconstruction and De... (USD mn)	6,640.04 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Official Creditors (USD mn)	10,411.94 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Private Creditors: Bonds (USD mn)	1,000.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Private Creditors: Commercial Banks (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Private Non-Guaranteed (PNG): Bonds (USD mn)	5,942.31 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PNG: Commercial Banks and Other Creditors (USD mn)	11,544.75 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Private Creditors: Others (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Long-Term: Private Sector (USD mn)	17,487.06 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: PPG: Private Creditors (USD mn)	1,000.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Long-Term: Public Sector (USD mn)	11,411.94 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Present Value (USD mn)	9,073.49 2016	yearly	2016 - 2016
Nigeria NG: External Debt: Present Value: % of Exports of Goods, Services and Pr... (%)	22.86 2016	yearly	2016 - 2016
Nigeria NG: External Debt: Present Value: % of GNI (%)	2.29 2016	yearly	2016 - 2016
Nigeria NG: External Debt: Residual: Stock-Flow Reconciliation (USD mn)	-55.82 2016	yearly	1970 - 2016
Nigeria NG: External Debt: DOD: Stocks: Variable Rate (USD mn)	18,263.80 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Buyback (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Stock: Reduction (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Stock: Rescheduled (USD mn)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Grace Period on New External Debt Commitments (Year)	5.12 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Grace Period on New External Debt Commitments... (Year)	5.12 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Grace Period on New External Debt Commitments... (Year)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Grant Element on New External Debt Commitment... (%)	59.75 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Grant Element on New External Debt Commitment... (%)	59.75 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Grant Element on New External Debt Commitment... (%)	0.00 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Interest on New External Debt Commitments (%)	1.27 2016	yearly	1970 - 2016
Nigeria NG: External Debt: Average Interest on New External Debt Commitments: Of... (%)	1.27 2016	yearly	1970 - 2016

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