Nigeria

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Key figures

Available statistics:
Capital
Abuja
Official language
English
Population (2018 est.)
195,874,740
Population growth (2018 est.), %
2.59
Median age (2018 est.), years
18
Urbanization rate (2015 - 2018), % p.a.
4.24
Urban population (2018), % of total
50.3
Rural population (2018), % of total
49.7
Population density (2018), per km2
215.07
HDI (2018)
157 of 188
National Currency
Naira, NGN
Exchange rate (July 2019), USD
1 USD = 360 NGN
GDP (2018), USD million current
397.27
GDP growth (2016), %
1.94
GDP annual growth rate forecast (2020), %
3.7
GNI per capita (2018), PPP current intl USD
5,700
Inflation (Dec. 2018), % y-o-y
11.26
Inflation Rate Forecast (2020), %
11.9
Foreign Direct Investment, net inflows (2017), BOP current USD millions
3,497
Net official development assistance (2017), current USD millions
3,359
Budget deficit (2018), % of GDP
5.1
Ease of Doing Business (2018), rank of 190
146
TI Corruption Index (2018), rank of 180
144
Installed Generation Capacity (2016), MW
12,626
Installed Fossil Fuel Capacity (2016), % of total installed capacity
87.5
Hydro Capacity (2017), % of total installed capacity
19
Other RE Capacity (2015), % of total installed capacity
0
Renewable electricity output as % of total electricity output excl. hydro (2017)
18.6
Avg. distribution and transmission losses as % of output (2015)
20
Net electricity imports (2017), %
0
Electrification rate, total (2017) %
54.4
Electrification rate, urban (2017) %
86.8
Electrification rate, rural (2017) %
23
Peak demand (2015), MW
12,500
Per capita electricity consumption (2016), kWh
150