GDP: purchasing power parity – $459.4 billion (2009 est.)
GDP – real growth rate: 7% (July 2006 est.)
GDP – per capita: purchasing power parity – $3,460 (2009 est.)
GDP – composition by sector:
agriculture: 26.8%
industry: 48.8%
services: 24.4% (2005 est.)
agriculture: 26.8%
industry: 48.8%
services: 24.4% (2005 est.)
Population below poverty line: 54.98%(2009 est.)
Household income or consumption by percentage share:r
lowest 10%: 2.6%
highest 10%: 35.8% (1996–97)
lowest 10%: 2.6%
highest 10%: 35.8% (1996–97)
Inflation rate (consumer prices): 12.3% (2011 est.)
Labor force: 57.21 million
Labor force – by occupation: agriculture 70%, industry 10%, services
20% (1999 est.)
Unemployment rate: 24% NA (2010 est.)
Budget:
revenues: $17 billion
expenditures: $13.54 billion including capital expenditures of $NA (2005 est.)
revenues: $17 billion
expenditures: $13.54 billion including capital expenditures of $NA (2005 est.)
Industries: crude oil, coal, tin, columbite,
palm
oil, peanuts,
cotton,
rubber,
wood, hides and skins, textiles, cement and other construction materials, food products,
footwear, chemicals, fertilizer, printing, ceramics,
steel,
small commercial ship
construction
and repair
Industrial production growth rate: 4.7% (2010 est.)
Electricity – production: 15.59 billion kWh (2003)
Electricity – production by source:
fossil fuel: 61.69%
hydro: 38.31%
nuclear: 0%
other: <.1% (1998)
fossil fuel: 61.69%
hydro: 38.31%
nuclear: 0%
other: <.1% (1998)
Electricity - consumption: 14.46 billion kWh (2003)
Electricity - exports: 40 million kWh (2003)
Electricity - imports: 0 kWh (1998)
Oil - production: 2.35 million barrels per day (374×103 m3/d)
(July 2006 est.)
Oil - consumption: 310,000 bbl/d (49,000 m3/d) (2003
est.)
Agriculture – products: cocoa,
peanuts,
palm
oil, maize,
rice, sorghum,
millet,
cassava
(tapioca),
yams, rubber; cattle, sheep,
goats, pigs;
timber;
fish
Exports: $72.16 billion f.o.b. (2005 est.)
Exports – commodities: petroleum
and petroleum products 95%, cocoa, rubber
Exports – partners: United States 47.4%, Brazil 10.7%, Spain
7.1%(2004)
Imports: $45.95 billion f.o.b. (2005 est.)
Imports – commodities: machinery, chemicals, transport equipment,
manufactured goods, food and live animals
Imports – partners: the People's Republic of China 9.4%, United
States 8.4%, United Kingdom 7.8%, Netherlands 5.9%, France 5.4%, Germany 4.8%,
Italy 4% (2004)
Debt – external: $3.3 billion with London Club(2006 est.)
Economic aid – recipient: IMF $250 million (1998)
Currency: 1 Naira (NGN) = 100 kobo
Exchange rates: Naira (NGN) per US$1 – 149.5 (2009), 120 (2006), 128
(2005), 132.89 (2004), 129.22 (2003), 120.58 (2002), 111.23 (2001)
External Reserves: $59 billion ( 2008)
Fiscal year: calendar year 2009
References
4. ^ a b
Rogers, Simon; Sedghi, Ami (15 April 2011). "How
Fitch, Moody's and S&P rate each country's credit rating". The Guardian.
Retrieved 31 May 2011.
6. ^ Center for Global
Development : Publications: Resolving Nigeria's Debt Through a Discounted
Buyback
9. ^ Nigeria, UK Trade Hits
U.S.$9 Billion in 2011, Africa: AllAfrica.com, 2012, retrieved 27 September 2012