PESTLE Insights: Macroeconomic Outlook Report - Nigeria

PESTLE Insights: Macroeconomic Outlook Report - Nigeria

  • Products Id :- GDER0059
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  • Pages: 40
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Executive Summary

PESTLE Insights: Macroeconomic Outlook Report-Nigeria




Agriculture sector contributed 21.1% to the gross value added (GVA) in 2017, followed by Mining, manufacturing and utilities, and Wholesale, retail and hotels which contributed 19.6% each. According to GlobalData estimates, the three sectors are expected to grow by 15.4%, 15.4% and 16.5% respectively in 2018.


North west, south west and north central Nigeria are the major regions of Nigeria which account for around 60.2% of the total population of Nigeria.




- As per World Bank's logistics performance index (LPI), transport and logistic infrastructure in Nigeria has deteriorated over the last two years with decline in rank from 75th in 2014 to 90th out of 160 countries in 2016

- In 2017, The Federal Executive Council of Nigeria approved tax relief for road construction investors

- Nigeria received majority of inward FDI towards oil and gas sector in 2016.


Reasons to buy


- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications


Table of Contents

Table of Contents 02

List of Exhibits 03

Did you Know? 04

Country Highlights 05

Country Snapshot 07

PESTLE Insights 20

Political Landscape 21

Economic Landscape 22

Social Landscape 29

Technological Landscape 32

Legal Landscape 35

Environmental Landscape 36

Outlook 37

List of Figures

Exhibit 1: Nigeria's Performance in Country Risk Analysis in Comparison to Middle East and Africa and the World 11

Exhibit 2: Performance Overview (Score: 1-100) 11

Exhibit 3: Broad Categories and Weights behind the Index 12

Exhibit 4: NSE Index 14

Exhibit 5: Key Sectors Contribution to the Economy 15

Exhibit 6: FDI Inflows (2013-2017) and Greenfield Investment Project (2014-2016) 16

Exhibit 7: Key Infrastructure Indicators 19

Exhibit 8: Real GDP and Household Consumption Growth Rate 23

Exhibit 9: Real GDP Growth Rate Comparison (2017) 23

Exhibit 10: Export, Import and Trade Balance 24

Exhibit 11: Current Account Balance 24

Exhibit 12: Top Three Commodity Exports, % of Total Exports, 2014-2017 25

Exhibit 13: Mineral Fuels, Mineral Oils and Products of their Distillation;, % of World Total, 2017 25

Exhibit 14: Interest Rates 27

Exhibit 15: Exchange Rate 27

Exhibit 16: Public Finance 28

Exhibit 17: General Government Debt 28

Exhibit 18: Employment/Unemployment 30

Exhibit 19: Monthly Minimum Wages 30

Exhibit 20: Labor Force Participation Rate 30

Exhibit 21: Rural/Urban Share in Total Population 31

Exhibit 22: Age-group Share of Total Population 31

Exhibit 23: Gender Split 31

Exhibit 24: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, 2016 33

Exhibit 25: Number of Patents Granted Per M Inhabitants, 2015 34

Exhibit 26: High-technology exports (% of manufactured exports) 34

Exhibit 27: Doing Business in Nigeria 2018 35

Exhibit 28: Corruption Perception Index (Rankings) 2017 35

Exhibit 29: CO2 Emissions 36

Single User License:
Report can be used by individual purchaser only

Site License:
Report can be shared by unlimited users within one corporate location, e.g. a regional office

Corporate User License: 
Report can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

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Nigeria, investments, elections, FDI, PESTLE, sectors, GlobalData Country Risk Index, economic growth, technology, corruption, doing business

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Single User License
USD 500 INR 35000
Site License
USD 1000 INR 70000
Corporate User License
USD 1500 INR 105000



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