Nigeria 2015 GDP slows to 2.79%
Nigeria’s National Bureau of Statistics (NBS) reported Q4’2015 real GDP growth at 2.11% y/y (Q3’2015: 2.84% y/y; Q4’2014: 5.94% y/y), representing the worst growth performance in the rebased series. With this, 2015 nominal GDP was put at N95 trillion (US$477 billion) with a real GDP growth of 2.79% below Vetiva’s 3.8% estimate. In effect, Nigeria’s economy contracted on dollar basis from US$510 billion in 2014 (NGN165.16/USD as at 2014 compared to NGN/199 in 2015). ​
Vetiva provides clients with independent and unbiased access to analysis and opinion. We keep our clients on the cutting edge of market information and provide up to date market intelligence on quoted companies. Our services allow brokers, investment firms, and asset managers focus their energies on developing investment strategies and client relationships.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.