NGA Nigeria development indicators, 2022

Indicator
Nigeria
Nigeria
Age dependency ratio (% of working-age population) 85.3
Agriculture, forestry, and fishing, value added (% of GDP) 23.7
Bank capital to assets ratio (%) 5.7
Bank nonperforming loans to total gross loans (%) 4.0
CPIA economic management cluster average (1=low to 6=high) 3.3
CPIA policies for social inclusion/equity cluster average (1=low to 6=high) 3.5
CPIA public sector management and institutions cluster average (1=low to 6=high) 2.8
CPIA structural policies cluster average (1=low to 6=high) 3.0
Charges for the use of intellectual property, payments (BoP, current US$) 252,840,000
Current account balance (BoP, current US$) 1,018,598,846
Deposit interest rate (%) 6.0
Foreign direct investment, net inflows (BoP, current US$) -186,792,429
GDP (current US$) 477,386,120,636
GDP growth (annual %) 3.3
GDP per capita (constant 2010 US$) 2,450
GDP per capita (current US$) 2,184
GDP per capita growth (annual %) 0.8
GDP per capita, PPP (current international $) 5,860
GNI per capita, Atlas method (current US$) 2,140
GNI per capita, PPP (current international $) 5,650
GNI, Atlas method (current US$) 468,653,234,401
GNI, PPP (current international $) 1,234,747,508,952
IDA resource allocation index (1=low to 6=high) 3.2
Industry (including construction), value added (% of GDP) 30.8
Inflation, GDP deflator (annual %) 11.3
Inflation, consumer prices (annual %) 18.8
Interest rate spread (lending rate minus deposit rate, %) 6.4
Labor force participation rate, female (% of female population ages 15+) (modeled ILO estimate) 52.1
Labor force participation rate, male (% of male population ages 15+) (modeled ILO estimate) 65.5
Labor force, female (% of total labor force) 43.9
Labor force, total 73,272,344
Lending interest rate (%) 12.3
Logistics performance index: Overall (1=low to 5=high) 2.6
Merchandise exports (current US$) 62,675,000,000
Merchandise imports (current US$) 53,614,000,000
Merchandise trade (% of GDP) 24.4
Official exchange rate (LCU per US$, period average) 426
PPP conversion factor, GDP (LCU per international $) 158
Personal remittances, received (current US$) 20,127,614,151
Population ages 0-14 (% of total population) 43.0
Population ages 15-64 (% of total population) 54.0
Population ages 65 and above (% of total population) 3.0
Population growth (annual %) 2.4
Population in urban agglomerations of more than 1 million (% of total population) 17.1
Population, female (% of total population) 49.5
Population, total 218,541,212
Price level ratio of PPP conversion factor (GDP) to market exchange rate 0.4
Proportion of seats held by women in national parliaments (%) 3.6
Real interest rate (%) 0.9
Refugee population by country or territory of asylum 91,275
Refugee population by country or territory of origin 391,074
Risk premium on lending (lending rate minus treasury bill rate, %) 8.8
Rural population 101,575,770
Rural population (% of total population) 46.5
Terrestrial and marine protected areas (% of total territorial area) 11.6
Total reserves (includes gold, current US$) 35,563,949,955
Unemployment, female (% of female labor force) (modeled ILO estimate) 5.5
Unemployment, male (% of male labor force) (modeled ILO estimate) 6.0
Unemployment, total (% of total labor force) (modeled ILO estimate) 5.8
Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) 14.4
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) 12.6
Urban population 116,965,442
Urban population (% of total population) 53.5