Commodity market report

Nigeria economic outlook Q3 2014

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Report summary

Nigeria's economy is dependent on revenue from the oil sector. It is the largest producer of oil in Africa and energy products accounted for 84% of total exports in 2012. Rebasing of the GDP figures in April saw Nigeria overtake South Africa as Africa's largest economy. Diversifying economic activity is essential for sustainable long term growth. However, maintaining a strong oil sector is critical, as revenues from this sector will fund the governments economic development plans.

What's included

This report contains

  • Document

    GDP Forecast Jul 2014.xls

    XLS 1.58 MB

  • Document

    IP Forecast Jul 2014.xls

    XLS 1.40 MB

  • Document

    Latest Population Forecast (with charts).xls

    XLS 3.55 MB

  • Document

    Nigeria economic outlook Q3 2014

    PDF 323.31 KB

  • Document

    Nigeria economic outlook Q3 2014

    ZIP 3.31 MB

  • Document

    Executive summary

    PDF 71.21 KB

  • Document

    Market structure

    PDF 84.94 KB

  • Document

    Economic outlook

    PDF 89.97 KB

  • Document

    Policy and regulation

    PDF 79.70 KB

  • Document

    Risks and uncertainties

    PDF 68.76 KB

Table of contents

Tables and charts

This report includes 10 images and tables including:


  • Nigeria Gross Value Added (GVA)
  • Nigeria exports
  • Oil/NGL revenue
  • Annual GDP growth
  • Nigerian population by age cohort
  • GDP per capita (2005 US$)
  • Government debt and fiscal balance
  • Government debt stock
  • Policy and regulation: Image 3


  • Economic indicators

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