Ministry of Finance

Economy

GDP

₦268T

GDP Growth

3.1%

Inflation

15.4%

Unemployment

33.0%

Naira / $

₦1,540

Treasury

₦18.4T

National Debt

₦120T

FX Reserves

$38.0bn

GDP₦268T

Play a month to start the chart.

National accounts (monthly)

Oil Revenue / mo₦0.85T

Non-oil Revenue / mo₦0.70T

Revenue / mo₦1.55T

Spending / mo₦1.60T

Debt Service / mo₦0.69T

Deficit / mo₦0.05T

National Debt₦120T

FX Reserves$38.0bn

Debt is 45% of GDP. Deficits are part borrowed, part paid from the treasury.

Trade & industry

Exports / mo$4.4bn

Imports / mo$4.2bn

Trade balance$0.2bn

Manufacturing45

Agriculture54

Confidence

Consumer Confidence48

Investor Confidence50

Other economic moves

Broaden the tax net

₦0.1T

More revenue. Small businesses grumble.

Treasury▲▲▲Approval▼Corruption▼Media▼

Launch MSME loan fund

₦0.5T

Credit for 500,000 small firms.

Unemployment▼▼▼GDP▲Approval▲Corruption▲

Revive state refineries

₦1.2T

Less fuel imports, if it works.

Oil Output▲FX▼Corruption▲Infrastructure▲

Privatise power distribution

Free

Better service, higher tariffs.

Power▲▲Treasury▲▲Approval▼Inflation▲