Nigeria: Selected Issues and Statistical Appendix

September 15, 1998

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Nigeria: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 1998) accessed September 27, 2024

Summary

This Selected Issues paper and Statistical Appendix on Nigeria reviews economic development in Nigeria during 1994–97. Economic activity in Nigeria picked up modestly from its previously low growth rates in 1996–97, as growth in real GDP averaged 4 percent, compared with an average of less than 2 percent during 1992–95. The recovery was underpinned by steady growth in the petroleum sector, which comprises more than 40 percent of GDP and which benefited from buoyant world market demand and high international prices.

Subject: Arrears, Exchange rates, Expenditure, External debt, Foreign exchange, Real exchange rates

Keywords: Africa, Arrears, CR, Exchange rate, Exchange rates, Federation, Federation account, FOS estimate, GDP comparison, GDP deflator, IMF GDP, ISCR, Oil GDP, Price development, Private sector, Production function, Rate, Real exchange rates

Publication Details

Pages:

146
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/078
Stock No:

1NGAEA0011998
ISBN:

9781451828870
ISSN:

1934-7685

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