Nigeria Labour Force Participation Rate
1990 - 2023 | Yearly | % | CEIC Data
Key information about Nigeria Labour Force Participation Rate
- Nigeria Labour Force Participation Rate increased to 59.1 % in Dec 2023, compared with 59.0 % in the previous year.
- Nigeria Labour Force Participation Rate is updated yearly, available from Dec 1990 to Dec 2023, with an average rate of 60.2 % .
- The data reached the an all-time high of 60.7 % in Dec 1990 and a record low of 58.3 % in Dec 2020.
- Nigeria Labour Force Participation Rate is reported by reported by CEIC Data.
- In the latest reports, Nigeria Population reached 211.5 million people in Dec 2021.
- Unemployment Rate of Nigeria dropped to 4.1 % in Mar 2023.
View Nigeria's Labour Force Participation Rate from 1990 to 2023 in the chart:
What was Nigeria's Labour Force Participation Rate in 2023?
Nigeria Labour Force Participation Rate increased to 59.1 % in Dec 2023, compared with 59.0 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 59.1 2023 | 59.0 2022 | 58.3 2020 | 60.7 1990 | % | yearly | 1990 - 2023 |
Labour Force Participation Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 63.9 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
| Algeria (%) | 41.7 2018 | yearly | 2003 - 2018 |
| Argentina (%) | 60.8 2023 | yearly | 1990 - 2023 |
| Armenia (%) | 60.4 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Australia (%) | 67.1 Nov 2024 | monthly | Feb 1978 - Nov 2024 |
| Austria (%) | 77.1 Jun 2022 | quarterly | Mar 2021 - Jun 2022 |
| Azerbaijan (%) | 70.2 2023 | yearly | 1990 - 2023 |
| Bahrain (%) | 71.9 2023 | yearly | 1990 - 2023 |
| Bangladesh (%) | 58.2 2023 | yearly | 1990 - 2023 |
| Belarus (%) | 86.8 2022 | yearly | 1995 - 2022 |
| Belgium (%) | 71.1 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Bolivia (%) | 77.7 Sep 2022 | quarterly | Dec 2015 - Sep 2022 |
| Bosnia and Herzegovina (%) | 47.8 2023 | yearly | 2006 - 2023 |
| Botswana (%) | 64.5 2023 | yearly | 1990 - 2023 |
| Brazil (%) | 62.6 Oct 2024 | monthly | Mar 2012 - Oct 2024 |
| Brunei (%) | 64.3 2023 | yearly | 1990 - 2023 |
| Bulgaria (%) | 55.5 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
| Cambodia (%) | 87.4 2020 | yearly | 2020 - 2020 |
| Canada (%) | 64.9 Nov 2024 | monthly | Jan 1976 - Nov 2024 |
| Chile (%) | 61.7 Sep 2024 | monthly | Mar 2009 - Sep 2024 |
| China (%) | 66.4 2023 | yearly | 1990 - 2023 |
| Colombia (%) | 63.9 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Croatia (%) | 54.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Cyprus (%) | 65.7 Sep 2024 | quarterly | Jun 1999 - Sep 2024 |
| Czech Republic (%) | 60.2 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Denmark (%) | 74.6 Oct 2024 | monthly | Jan 2007 - Oct 2024 |
| Ecuador (%) | 65.5 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Egypt (%) | 43.4 2023 | yearly | 2009 - 2023 |
| Estonia (%) | 66.9 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| European Union (%) | 75.6 2022 | yearly | 1990 - 2022 |
| Finland (%) | 67.7 Oct 2024 | monthly | May 2004 - Oct 2024 |
| France (%) | 74.8 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Georgia (%) | 53.3 2023 | yearly | 1998 - 2023 |
| Germany (%) | 56.0 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Ghana (%) | 68.8 2023 | yearly | 1990 - 2023 |
| Greece (%) | 61.5 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Hong Kong SAR, China (%) | 56.9 Nov 2024 | monthly | Dec 1981 - Nov 2024 |
| Hungary (%) | 68.3 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Iceland (%) | 81.5 Oct 2024 | monthly | Jan 2003 - Oct 2024 |
| India (%) | 42.4 2023 | yearly | 1990 - 2023 |
| Indonesia (%) | 70.6 Aug 2024 | semiannually | Feb 2005 - Aug 2024 |
| Iran (%) | 41.0 Dec 2022 | quarterly | Jun 2018 - Dec 2022 |
| Ireland (%) | 66.6 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Israel (%) | 62.4 Nov 2024 | monthly | Jan 2012 - Nov 2024 |
| Italy (%) | 66.4 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Ivory Coast (%) | 64.4 2023 | yearly | 1990 - 2023 |
| Japan (%) | 63.5 Oct 2024 | monthly | Jan 1968 - Oct 2024 |
| Jordan (%) | 39.4 2023 | yearly | 1990 - 2023 |
| Kazakhstan (%) | 68.4 Sep 2024 | quarterly | Jun 2001 - Sep 2024 |
| Kenya (%) | 73.7 2023 | yearly | 1990 - 2023 |
| South Korea (%) | 64.6 Nov 2024 | monthly | Jun 1999 - Nov 2024 |
| Kosovo (%) | 42.3 Dec 2023 | quarterly | Mar 2016 - Dec 2023 |
| Kuwait (%) | 71.5 2023 | yearly | 1990 - 2023 |
| Kyrgyzstan (%) | 58.7 2023 | yearly | 1994 - 2023 |
| Laos (%) | 59.6 2023 | yearly | 1990 - 2023 |
| Latvia (%) | 68.8 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Lebanon (%) | 45.5 2023 | yearly | 1990 - 2023 |
| Lithuania (%) | 64.0 Sep 2024 | quarterly | Jun 1998 - Sep 2024 |
| Luxembourg (%) | 55.1 2023 | yearly | 2000 - 2023 |
| Macau SAR, China (%) | 68.1 Sep 2024 | monthly | Sep 1996 - Sep 2024 |
| North Macedonia (%) | 52.1 Jun 2024 | quarterly | Mar 2023 - Jun 2024 |
| Malawi (%) | 69.0 2023 | yearly | 1990 - 2023 |
| Malaysia (%) | 70.5 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Malta (%) | 82.9 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Mauritius (%) | 58.3 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Mexico (%) | 60.2 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Moldova (%) | 45.5 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Mongolia (%) | 63.0 Sep 2024 | quarterly | Sep 2006 - Sep 2024 |
| Montenegro (%) | 63.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Morocco (%) | 43.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Mozambique (%) | 79.0 2023 | yearly | 1990 - 2023 |
| Myanmar (%) | 60.7 2023 | yearly | 1991 - 2023 |
| Nepal (%) | 40.5 2023 | yearly | 1990 - 2023 |
| Netherlands (%) | 73.2 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| New Zealand (%) | 71.0 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
| Nigeria (%) | 59.1 2023 | yearly | 1990 - 2023 |
| Norway (%) | 65.3 2023 | yearly | 1989 - 2023 |
| Oman (%) | 68.3 2023 | yearly | 1990 - 2023 |
| Pakistan (%) | 32.3 2021 | yearly | 1990 - 2021 |
| Palestinian Territory (%) | 45.6 Jun 2024 | quarterly | Jun 2002 - Jun 2024 |
| Panama (%) | 62.4 2023 | yearly | 2003 - 2023 |
| Paraguay (%) | 70.0 Sep 2024 | quarterly | Mar 2017 - Sep 2024 |
| Peru (%) | 72.4 2022 | yearly | 2001 - 2022 |
| Philippines (%) | 63.3 Oct 2024 | quarterly | Jul 2003 - Oct 2024 |
| Poland (%) | 58.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Portugal (%) | 60.3 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Qatar (%) | 87.7 2023 | yearly | 2006 - 2023 |
| Romania (%) | 52.7 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Russia (%) | 68.4 Feb 2024 | monthly | Aug 2009 - Feb 2024 |
| Saudi Arabia (%) | 61.7 Mar 2023 | quarterly | Jun 2016 - Mar 2023 |
| Serbia (%) | 56.4 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Slovakia (%) | 61.6 Jun 2024 | quarterly | Mar 2021 - Jun 2024 |
| Slovenia (%) | 58.7 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| South Africa (%) | 60.2 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Spain (%) | 59.0 Sep 2024 | quarterly | Mar 2021 - Sep 2024 |
| Sri Lanka (%) | 47.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Sudan (%) | 47.6 2023 | yearly | 1990 - 2023 |
| Sweden (%) | 73.8 Nov 2024 | monthly | Apr 2005 - Nov 2024 |
| Switzerland (%) | 67.6 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Syria (%) | 38.7 2023 | yearly | 1990 - 2023 |
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Learn more about what we doNigeria Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,274.101 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| National Government Debt (USD mn) | 88,444.7 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Government Debt: % of GDP (%) | 52.8 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Forecast: Government Expenditure (NGN bn) | 100,505.650 2029 | yearly | 1990 - 2029 |
| Forecast: Government Net Debt (NGN bn) | 285,181.495 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (NGN bn) | 72,588.069 2029 | yearly | 1990 - 2029 |
| Gross Federation Account Revenue (NGN bn) | 6,285.040 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Capital (NGN bn) | 250.290 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure: Recurrent (NGN bn) | 6,152.970 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Gross Federation Account Revenue: Oil (NGN bn) | 1,733.500 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Revenue (NGN bn) | 2,305.540 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Balance (NGN bn) | -4,533.420 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Federal Govt Expenditure (NGN bn) | 6,838.960 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Government Debt: Domestic (NGN bn) | 66,957.878 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | -1.879 2028 | yearly | 1991 - 2028 |
| Trade Balance (USD mn) | 1,027.6 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Exports (USD mn) | 3,738.1 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Exports Growth (%) | 56.4 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Aluminum: Exports (USD th) | 187,832.450 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,530.686 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 329.199 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,989.3 Mar 2023 | monthly | Jan 2003 - Mar 2023 |
| Total Imports Growth (%) | 62.9 Sep 2024 | monthly | Jan 2004 - Sep 2024 |
| Imports: Medicament (USD th) | 614,222.259 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 227,440.624 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 124.857 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Imports from USA (USD mn) | 275.937 Sep 2024 | monthly | Dec 2009 - Sep 2024 |
| Total Exports to China (USD mn) | 105.763 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Total Imports from China (USD mn) | 802.488 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Imports (NGN mn) | 4,384,900.258 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Crude Oil (NGN mn) | 3,905,247.850 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Total Trade (NGN mn) | 10,432,090.965 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Growth Rate: MoM (%) | 10.446 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Imports: Growth Rate: MoM (%) | -35.341 Jun 2024 | monthly | Jan 2019 - Jun 2024 |
| Exports: America: ow USA (NGN mn) | 201,983.472 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow Netherlands (NGN mn) | 261,930.167 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports (NGN mn) | 6,047,190.706 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Europe: ow UK (NGN mn) | 180,704.134 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Exports: Vegetable Products (NGN mn) | 786,963.687 2023 | yearly | 2003 - 2023 |
| Exports: Plastic and Articles Thereof, Rubber and Articles Thereof (NGN mn) | 53,170.162 2023 | yearly | 2003 - 2023 |
| Exports: Mineral Products (NGN mn) | 33,075,147.443 2023 | yearly | 2003 - 2023 |
| Imports: Europe: ow Netherlands (NGN mn) | 201,091.335 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Asia: ow China (NGN mn) | 1,298,198.961 Sep 2024 | monthly | Jan 2007 - Sep 2024 |
| Imports: America: ow USA (NGN mn) | 446,388.165 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow UK (NGN mn) | 134,085.602 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Europe: ow Germany (NGN mn) | 135,143.103 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Manufactured Goods (NGN mn) | 488,494.173 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Mineral Fuels, Lubricants and Related Materials (NGN mn) | 1,024,863.121 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Machinery and Transport Equipment (NGN mn) | 1,432,150.870 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Chemicals and Chemical Products (NGN mn) | 614,100.231 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Imports: Food and Live Animals (NGN mn) | 455,343.676 Sep 2024 | monthly | Jan 2003 - Sep 2024 |
| Export Value Index (2015=100) | 93.461 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 116.198 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | -831.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Current Account Balance (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Foreign Direct Investment (USD mn) | 1,197.6 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.3 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment (USD mn) | 4,416.719 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 10.0 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -309.3 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,726.039 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| External Debt (USD mn) | 42,901.0 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| External Debt: % of GDP (%) | 11.9 2023 | yearly | 1985 - 2023 |
| External Debt: Short Term (USD mn) | 1,005.6 2020 | yearly | 2008 - 2020 |
| External Debt: Short Term: % of GDP (%) | 0.2 2020 | yearly | 2008 - 2020 |
| Forecast: Current Account Balance (USD bn) | -5.481 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | -86,263.760 2023 | yearly | 2005 - 2023 |
| External Debt: Service Payments (USD mn) | 194.440 Dec 2018 | quarterly | Mar 2008 - Dec 2018 |
| External Debt: Government: International Capital Market (USD mn) | 15,118.350 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| External Debt: Government (USD mn) | 42,901.010 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.1 2019 | yearly | 2003 - 2019 |
| Non-Performing Loans (USD mn) | 3,315.011 Mar 2021 | quarterly | Mar 2007 - Mar 2021 |
| Money Supply M1 (USD mn) | 21,896.535 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Money Supply M2 (USD mn) | 67,150.889 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| M2 Growth (%) | 63.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Reserve Requirement Ratio (%) | 50.0 Nov 2024 | monthly | Nov 2005 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 35,920.0 Aug 2024 | monthly | Jan 1960 - Aug 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 14.124 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 10.7 Aug 2024 | monthly | Jan 2003 - Aug 2024 |
| Gold Reserves (USD mn) | 1,599.957 Jun 2024 | monthly | Dec 1950 - Jun 2024 |
| Total Deposits (USD mn) | 84,213.801 Dec 2019 | monthly | Nov 1992 - Dec 2019 |
| Total Deposits Growth (%) | 2.6 Dec 2019 | monthly | Nov 1993 - Dec 2019 |
| Domestic Credit (USD mn) | 73,616.6 Sep 2024 | monthly | Nov 1992 - Sep 2024 |
| Domestic Credit Growth (%) | 33.3 Aug 2024 | monthly | Nov 1993 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Monetary Survey: Liabilities: M3 (NGN mn) | 35,345,802.020 Jun 2020 | monthly | Nov 1992 - Jun 2020 |
| Monetary Survey: Liabilities: Base Money (NGN mn) | 26,891,229.280 Aug 2024 | monthly | Jan 1993 - Aug 2024 |
| Monetary Survey: Liabilities: M2: M1 (NGN mn) | 34,949,935.480 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M2 (NGN mn) | 107,182,219.490 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Monetary Survey: Liabilities: M2: Quasi Money (NGN mn) | 72,232,284.010 Aug 2024 | monthly | Nov 1992 - Aug 2024 |
| Non Performing Loans to Gross Loans (%) | 4.140 Jun 2023 | semiannually | Dec 2003 - Jun 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 4.4 Nov 2024 | monthly | Jul 2015 - Nov 2024 |
More Indicators for Nigeria
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