Nigeria

Country Indicators1 Country indicators

Indicator

Data

Year

Source

Capital

Abuja

2014

Central Intelligence Agency- The World Factbook

Language

English

2014

Central Intelligence Agency- The World Factbook

Surface area

923,770 Sq Km

2014

World Bank

Neighboring countries

Benin, Cameroon, Chad, Niger

2014

Maps of the World

Time Zone

WAT (+1 hour from UTC)

2014

World Atlas

Geographical distance from the NL

4803,7 KM

2014

Info Please- Distance calculator

Population

178,517,000

2014

World Bank

Population growth (annual %)

2.8%

2013

World Bank

Population ages 15-64 (% of total)

53%

2013

World Bank

Middle Class in Total Population (%)

22.8%

2010

African Development Bank

Human Development Index

0.504(Medium Development)

2013

UNDP

Education Index

0.425

2013

UNDP

Global competitiveness Index

3.4 (1-7 (best))

2014-2015

World Economic Form

Economy_1 Economy

Indicator

Data

Year

Source

GDP per capita (current US$)

US$ 3006

2013

World Bank

GDP Annual Growth Rate

6.23 %

2014

Trading Economics

GNI per capita, Atlas method (current US$)

US$ 2710

2013

World Bank

Inflation rate

13%

2014

Trading Economics

Foreign Direct Investment

5609 million $

2014

World Investment Report 2014 UNCTAD

Distance to Frontier

(0 lowest performance - 100 represents the frontier)

47.33

2015

Doing Business

Economic union membership

ECOWAS

2014

UNECA

Risks1 Risks

Indicator

Data

Year

Source

Corruption Perception index

Rank: 136 (0-175)

Score: 27 (0-100)

2014

Transparency International Index

Control of Corruption

Percentile Rank: 9.09 (0-100)

Score: -1.20 (-2.5 to 2.5)

2013

Transparency International Index

Political Stability and Absence of Violence/Terrorism

Percentile Rank: 3.79 (0-100)

Score:-2.08 (-2.5 to 2.5)

2013

Gov Indicators

Estimate of governance effectiveness

Percentile Rank: 16.27 (0-100)

Score: -1.01 (-2.5 to 2.5)

2013

Gov Indicators

World Risk Index

Rank: 52 (0-171)

Score: 8.24 % (0-100)

2014

United Nations University

Natural Hazards

Periodic droughts; flooding

2015

Central Intelligence Agency- The World Factbook

Accessibility Accessibility

Indicator

Data

Year

Source

Sea accesibility

Presence of port: 16

Presence of container terminal: 7

2014

Searates.com

Ease of doing business index

170 (1-189)

2014

Doing Business

Ease of trading across borders

28 (1 (best) - 47 )

2014

Doing Business

Logistics performance Index

Rank: 75 (0-160)

Score: 2.81 (1-5)

2014

World Bank

Culture Culture

Indicator

Data

Year

Source

Power Distance Index

80 (1 lowest - 120 highest)

2010

The Hofstede Centre

Individualism/Collectivism

30 (1 lowest - 120 highest)

2010

The Hofstede Centre

Masculinity

60 (1 lowest - 120 highest)

2010

The Hofstede Centre

Uncertainty/Avoidance Index

55 (1 lowest - 120 highest)

2010

The Hofstede Centre

Long Term Orientation

13 (1 lowest - 120 highest)

2010

The Hofstede Centre

Productie_1 Production

Indicator

Data

Year

Source

Crop production index

172.7 (2004-2006=100)

2012

World Bank

Food production index

110.6 (2004 -2006=100)

2012

World Bank

Top 5 production commodities

5 Karite nuts (sheanuts)
5 Kola nuts
5 Melonseed
5 Taro (cocoyam)
5 Yams

2014

FAOStat

Crude Oil Production

2.524 million bbl/day

2012

Central Intelligence Agency- The World Factbook

Stapels-dollars Money

Indicator

Data

Year

Source

Trend devaluation US$-local currency through the years

1USD= NGN 178.6100

2014

Trading economics

Interest Rate (%)

13.00%

2014

Trading economics

Lending interest rate (%)

16.7%

2013

World Bank

Taxes Taxes

Indicator

Data

Year

Source

Tax payments (number)

47

2014

World Bank

Taxes on corporate income (%)

30%

2014

PWC

Total tax rate

32.7%

2014

PWC

Value-added Tax (VAT)

5%

2015

VAT Live

handen_square Trade

Indicator

Data

Year

Source

Imports of goods and services (% of GDP)

13%

2013

World Bank

Imports US$

$55.98 billion

2013

Central Intelligence Agency- The World Factbook

Time to import (days)

34 days

2014

World Bank

Exports of goods and services (% of GDP)

18%

2013

World Bank

Exports US$

$93.55 billion

2013

Central Intelligence Agency- The World Factbook

Time to export (days)

23 days

2014

World Bank

Balance of Trade

537183.15 Millions Nigerian Naira

2014

Trading Economics

Net barter terms of trade index (2000 = 100)

222.1

2013

World Bank

Business Business

Indicator

Data

Year

Source

Business Confidence

21.70

2014

Trading Economics

Time required to start a business (days)

30,8 days

2014

Doing Business

Industrial production growth rate

0.9%

2013

Central Intelligence Agency- The World Factbook

Cost of business start-up procedures (% of GNI per capita)

52,3%

2014

World Bank

Manufacturing, value added (annual % growth)

22%

2013

World Bank

Consumer Spending (% of GDP)

72%

2013

World Bank

Consumer Price Index (2010=100)

135

2014

World Bank

Agribiz Agribusiness

Indicator

Data

Year

Source

Agricultural land

83.7% of land area

2012

World Bank

Cereal yield

17345000 (kg per hectare)

2013

World Bank

Land use

arable land: 38.97%
permanent crops: 3.46%
other: 57.57%

2011

Central Intelligence Agency- The World Factbook

infra3 Infrastructure

Indicator

Data

Year

Source

Mobile cellular subscriptions (per 100 people)

73

2013

World Bank

Internet users

Internet users: 67,101,452

% of Pop with Internet: 37.59%

2014

Internet Live Stats

Roadways

total: 193,200 km
paved: 28,980 km
unpaved: 164,220 km

2004

Central Intelligence Agency- The World Factbook

Improved sanitation facilities (%of population with access)

27,8 %

2012

World Bank

Rail ways (Total Km)

3,505 KM

2008

Central Intelligence Agency- The World Factbook

Electric power consumption

20.38 billion kWh

2010

Central Intelligence Agency- The World Factbook

Improved water source (% of population with access)

% of pop. with access: 64%

% of rural pop. with access: 49,1%

% of urban pop. With access: 78,8%

2012

World Bank

Naamloos Labour

Indicator

Data

Year

Source

Unemployment Rate

23.90 %

2011

Trading economics

Labor force

54196350

2013

World Bank

Income

Lower–middle-income:
US$1,006–3,975

2012-2013

World Bank

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