2011 Statistical Bulletin - Section D - FinalWeb

Table D.1.
1: Foreign Trade (N' Million)

Imports (cif)
Year
Oil
Exports & Re-Exports (fob)

Non-Oil
Total
Oil
Non-Oil
Total Trade
Total
Oil
Balance of Trade
Non-Oil
Total
Oil
Non-Oil
Total
1960
27.0
404.8
431.8
8.8
330.6
339.4
35.8
735.4
771.2
(18.1)
-74.2
(92.4)
1961
31.7
413.4
445.0
23.1
324.2
347.3
54.8
737.5
792.3
(8.6)
-89.2
(97.8)
1962
33.0
373.5
406.4
34.4
302.7
337.1
67.4
676.1
743.5
1.5
-70.8
(69.4)
1963
37.3
377.9
415.2
40.4
338.3
378.7
77.6
716.2
793.8
3.1
-39.6
(36.5)
1964
46.4
461.0
507.4
64.1
365.2
429.3
110.5
826.2
936.7
17.7
-95.8
(78.1)
1965
47.9
502.2
550.1
136.2
400.6
536.8
184.1
902.8
1,086.8
88.3
-101.6
(13.3)
1966
22.0
490.7
512.7
183.9
384.2
568.2
206.0
874.9
1,080.9
161.9
-106.4
55.5
1967
23.2
417.9
441.1
144.8
340.9
485.6
168.0
758.7
926.7
121.5
-77.0
44.5
1968
39.6
345.8
385.4
74.0
348.1
422.1
113.6
693.9
807.5
34.4
2.4
36.7
1969
42.8
454.6
497.4
261.9
374.1
636.0
304.7
828.7
1,133.4
219.2
-80.6
138.6
1970
38.7
717.7
756.4
509.6
376.0
885.7
548.3
1,093.8
1,642.1
470.9
-341.7
129.2
1971
50.4
1,028.5
1,078.9
953.0
340.4
1,293.4
1,003.4
1,368.9
2,372.3
902.6
-688.1
214.5
1972
45.2
944.9
990.1
1,176.2
258.0
1,434.2
1,221.4
1,202.9
2,424.3
1,131.0
-686.9
444.1
1973
41.0
1,183.8
1,224.8
1,893.5
384.9
2,278.4
1,934.5
1,568.7
3,503.2
1,852.5
-798.9
1,053.6
1974
52.4
1,684.9
1,737.3
5,365.7
429.1
5,794.8
5,418.1
2,114.0
7,532.1
5,313.3
-1,255.8
4,057.5
1975
118.0
3,603.5
3,721.5
4,563.1
362.4
4,925.5
4,681.1
3,965.9
8,647.0
4,445.1
-3,241.1
1,204.0
1976
95.0
5,053.5
5,148.5
6,321.6
429.5
6,751.1
6,416.6
5,483.0
11,899.6
6,226.6
-4,624.0
1,602.6
1977
102.2
6,991.5
7,093.7
7,072.8
557.9
7,630.7
7,175.0
7,549.4
14,724.4
6,970.6
-6,433.6
1978
110.0
8,101.7
8,211.7
5,401.6
662.8
6,064.4
5,511.6
8,764.5
14,276.1
5,291.6
-7,438.9
(2,147.3)
1979
230.0
7,242.5
7,472.5
10,166.8
670.0
10,836.8
10,396.8
7,912.5
18,309.3
9,936.8
-6,572.5
3,364.3
1980
227.4
8,868.2
9,095.6
13,632.3
554.4
14,186.7
13,859.7
9,422.6
23,282.3
13,404.9
-8,313.8
5,091.1
1981
119.8
12,719.8
12,839.6
10,680.5
342.8
11,023.3
10,800.3
13,062.6
23,862.9
10,560.7
-12,377.0
(1,816.3)
1982
225.5
10,545.0
10,770.5
8,003.2
203.2
8,206.4
8,228.7
10,748.2
18,976.9
7,777.7
-10,341.8
(2,564.1)
1983
171.6
8,732.1
8,903.7
7,201.2
301.3
7,502.5
7,372.8
9,033.4
16,406.2
7,029.6
-8,430.8
(1,401.2)
1984
282.4
6,895.9
7,178.3
8,840.6
247.4
9,088.0
9,123.0
7,143.3
16,266.3
8,558.2
-6,648.5
1,909.7
1985
51.8
7,010.8
7,062.6
11,223.7
497.1
11,720.8
11,275.5
7,507.9
18,783.4
11,171.9
-6,513.7
4,658.2
1986
913.9
5,069.7
5,983.6
8,368.5
552.1
8,920.6
9,282.4
5,621.8
14,904.2
7,454.6
-4,517.6
2,937.0
1987
3,170.1
14,691.6
17,861.7
28,208.6
2,152.0
30,360.6
31,378.7
16,843.6
48,222.3
25,038.5
-12,539.6
12,498.9
1988
3,803.1
17,642.6
21,445.7
28,435.4
2,757.4
31,192.8
32,238.5
20,400.0
52,638.5
24,632.3
-14,885.2
9,747.1
1989
4,671.6
26,188.6
30,860.2
55,016.8
2,954.4
57,971.2
59,688.4
29,143.0
88,831.4
50,345.2
-23,234.2
27,111.0
1990
6,073.1
39,644.8
45,717.9
106,626.5
3,259.6
109,886.1
112,699.6
42,904.4
155,604.0
100,553.4
-36,385.2
64,168.2
1991
7,772.2
81,716.0
89,488.2
116,858.1
4,677.3
121,535.4
124,630.3
86,393.3
211,023.6
109,085.9
-77,038.7
32,047.2
1992
19,561.5
123,589.7
143,151.2
201,383.9
4,227.8
205,611.7
220,945.4
127,817.5
348,762.9
181,822.4
-119,361.9
62,460.5
1993
41,136.1
124,493.3
165,629.4
213,778.8
4,991.3
218,770.1
254,914.9
129,484.6
384,399.5
172,642.7
-119,502.0
53,140.7
1994
42,349.6
120,439.2
162,788.8
200,710.2
5,349.0
206,059.2
243,059.8
125,788.2
368,848.0
158,360.6
-115,090.2
43,270.4
1995
155,825.9
599,301.8
755,127.7
927,565.3
23,096.1
950,661.4
1,083,391.2
622,397.9
1,705,789.1
771,739.4
-576,205.7
195,533.7
1996
162,178.7
400,447.9
562,626.6
1,286,215.9
23,327.5
1,309,543.4
1,448,394.6
423,775.4
1,872,170.0
1,124,037.2
-377,120.4
746,916.8
1997
166,902.5
678,814.1
845,716.6
1,212,499.4
29,163.3
1,241,662.7
1,379,401.9
707,977.4
2,087,379.3
1,045,596.9
-649,650.8
395,946.1
1998
175,854.2
661,564.5
837,418.7
717,786.5
34,070.2
751,856.7
893,640.7
695,634.7
1,589,275.4
541,932.3
-627,494.3
(85,562.0)
1999
211,661.8
650,853.9
862,515.7
1,169,476.9
19,492.9
1,188,969.8
1,381,138.7
670,346.8
2,051,485.5
957,815.1
-631,361.0
326,454.1
2000
220,817.7
764,204.7
985,022.4
1,920,900.4
24,822.9
1,945,723.3
2,141,718.1
789,027.6
2,930,745.7
1,700,082.7
-739,381.8
960,700.9
2001
237,106.8
1,121,073.5
1,358,180.3
1,839,945.3
28,008.6
1,867,953.9
2,077,052.1
1,149,082.1
3,226,134.2
1,602,838.4
-1,093,064.9
509,773.5
2002
361,710.0
1,150,985.3
1,512,695.3
1,649,445.8
94,731.8
1,744,177.7
2,011,155.8
1,245,717.2
3,256,873.0
1,287,735.8
-1,056,253.5
231,482.3
2003
398,922.3
1,681,313.0
2,080,235.3
94,776.4
3,087,886.4
3,392,032.3
1,776,089.4
5,168,121.7
2,594,187.6
-1,586,536.5
1,007,651.1
2004
318,114.7
1,668,930.6
1,987,045.3
113,309.4
4,602,781.5
4,807,586.9
1,782,239.9
6,589,826.8
4,171,357.5
-1,555,621.2
2,615,736.3
2005
797,298.9
2,003,557.4
2,800,856.3
7,140,578.9
105,955.9
7,246,534.8
7,937,877.9
2,109,513.3
10,047,391.1
6,343,280.0
-1,897,601.5
4,445,678.5
2006 1
710,683.0
2,397,836.3
3,108,519.3
7,191,085.6
133,595.0
7,324,680.6
7,901,768.6
2,531,431.3
10,433,200.0
6,480,402.6
-2,264,241.3
4,216,161.3
2,993,110.0
4,489,472.2
537.0
2007 1
768,226.8
3,143,725.8
3,911,952.6
8,110,500.4
199,257.9
8,309,758.3
8,878,727.2
3,342,983.7
12,221,711.0
7,342,273.5
-2,944,467.9
4,397,805.7
1,386,729.9
3,803,072.7
5,189,802.6
9,913,651.1
247,839.0
10,161,490.1
11,300,381.1
4,050,911.7
15,351,292.7
8,526,921.2
-3,555,233.7
4,971,687.5
2009 1
1,063,544.2
4,038,990.2
5,102,534.4
8,067,233.0
289,152.6
8,356,385.6
9,130,777.2
4,328,142.8
13,458,920.0
7,003,688.8
-3,749,837.6
3,253,851.2
2010 1
1,756,724.6
5,857,715.8
7,614,440.5
10,157,328.2
397,816.5
11,532,022.7
11,914,052.9
6,255,532.3
19,146,463.1
8,400,603.6
-5,459,899.3
3,917,582.2
2011 2
3,042,785.4
7,194,990.2
10,237,775.6
12,674,134.8
485,243.6
14,231,453.4
15,716,920.2
7,680,233.8
24,469,229.0
9,631,349.4
-6,709,746.6
3,993,677.8
2008
Sources: National Bureau of Statistics and Central Bank of Nigeria

Notes: 1Revised
2
Provisional
Table D.1.2: Value of Major Imports by S.I.T.C. Sections (N' Million)
Year
Food &
Live Animal
Beverages
&
Tobacco
Crude
Materials
Inedible
Mineral
Fuels
Animal and
Vegetable
Oils &
Fats
Chemicals
Manufactured
Goods
Machinery
&
Transport
Equipment
Miscellaneous
Manufactured
Goods
Miscellaneous
Transactions
Total
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
47.8
45.4
47.0
43.8
41.2
46.1
51.6
42.6
28.4
41.8
57.7
88.3
95.8
126.3
154.8
298.8
441.7
780.7
1,027.6
1,254.3
1,437.5
12.3
12.2
9.5
5.8
5.8
4.0
4.6
3.7
2.3
1.6
4.0
4.5
4.4
5.2
9.1
48.1
63.8
132.3
54.6
8.4
12.1
4.3
4.9
4.8
6.2
7.4
13.2
14.4
5.7
10.5
11.5
16.6
20.4
20.8
27.0
63.7
74.4
79.3
78.4
97.5
117.4
156.7
22.7
26.8
28.1
31.0
39.0
34.7
7.6
17.6
29.1
31.3
22.0
9.0
10.3
13.6
55.4
100.4
181.3
128.4
161.2
126.6
154.8
0.1
0.1
0.2
0.2
0.3
0.3
0.4
0.6
0.6
0.4
0.8
0.7
1.1
1.4
3.6
8.9
24.7
46.4
78.4
97.5
115.0
24.5
25.2
24.7
28.9
34.2
40.3
41.5
42.6
44.9
60.8
88.5
121.5
102.6
133.4
281.0
333.2
398.5
504.0
642.8
846.7
913.5
162.3
175.0
146.1
148.4
179.2
180.0
158.6
144.5
109.4
144.7
227.0
319.3
267.7
323.9
493.4
1,007.4
1,130.1
1,500.0
1,855.9
1,742.2
1,981.5
103.3
101.0
96.5
101.2
149.9
184.8
190.9
143.2
121.0
151.1
285.3
417.8
391.9
491.4
561.8
1,561.0
2,467.2
3,311.0
3,573.4
2,905.1
3,650.4
47.8
47.5
43.3
42.7
44.9
41.1
37.6
34.8
28.1
26.9
39.5
68.5
83.1
94.2
104.0
278.7
351.4
441.3
631.2
349.5
645.1
6.7
6.8
6.1
7.0
5.5
5.6
5.5
5.9
11.1
27.3
15.0
28.9
12.4
8.4
10.5
10.6
10.5
171.2
89.1
24.8
29.0
431.8
445.0
406.4
415.2
507.4
550.1
512.7
441.1
385.4
497.4
756.4
1,078.9
990.1
1,224.8
1,737.3
3,721.5
5,148.5
7,093.7
8,211.7
7,472.5
9,095.6
1981
1,819.6
16.5
218.9
151.1
128.7
1,250.4
2,590.7
5,668.1
947.7
47.9
12,839.6
1982
1,642.3
16.4
207.2
115.5
151.4
1,031.6
2,287.0
4,569.9
692.3
56.9
10,770.5
1983
1,761.1
17.8
277.6
72.0
143.4
969.7
2,006.1
3,213.4
430.0
12.6
8,903.7
1984
1,349.7
16.6
300.1
83.4
163.0
1,050.7
1,354.2
2,568.1
274.0
18.5
7,178.3
1985
1,199.0
9.4
350.5
61.1
71.0
1,108.2
1,611.8
2,414.4
224.5
12.7
7,062.6
1986
801.9
14.5
193.9
32.0
124.9
1,039.0
1,237.1
2,277.8
252.4
10.1
5,983.6
1987
1,873.8
30.7
799.6
76.5
65.7
3,016.5
4,484.9
6,827.7
678.5
7.8
17,861.7
1988
1,891.6
85.7
591.5
206.8
122.3
4,127.2
4,547.4
8,900.6
957.3
15.3
21,445.7
1989
2,108.9
136.3
1,080.7
258.8
69.9
7,041.9
6,541.4
12,362.7
1,250.3
9.3
30,860.2
1990
3,474.5
228.7
1,417.2
274.2
228.7
9,006.4
10,240.8
18,515.8
2,194.5
137.1
45,717.9
1991
3,045.7
261.1
1,566.4
261.1
261.1
11,779.2
51,951.1
17,926.2
2,262.3
174.0
89,488.2
1992
12,840.2
729.6
3,939.6
875.5
1,459.1
20,439.7
35,310.6
62,158.3
4,961.0
437.6
143,151.2
1993
13,952.4
498.3
1,328.8
830.5
1,328.8
24,278.0
42,023.4
74,579.1
6,644.0
166.1
165,629.4
1994
13,837.0
488.4
5,046.5
1,139.5
1,302.3
46,394.8
40,046.0
46,232.0
6,348.8
1,953.5
162,788.8
1995
88,349.9
3,020.5
31,715.4
9,061.5
8,306.4
199,353.7
175,944.8
206,905.0
30,960.2
1,510.3
755,127.7
1996
75,392.0
2,250.5
26,443.5
8,439.4
7,314.1
132,779.9
156,410.2
129,404.1
21,379.8
2,813.1
562,626.6
1997
100,728.3
5,033.8
38,084.6
10,933.5
11,779.2
192,187.3
246,963.6
202,964.9
35,127.8
1,913.6
845,716.6
1998
102,165.1
3,349.7
37,683.9
11,723.9
10,886.4
192,606.3
248,713.4
195,956.0
32,659.4
1,674.6
837,418.7
1999
103,489.8
4,312.1
38,808.7
12,073.8
12,073.8
196,630.6
253,550.0
204,392.3
35,359.0
1,825.6
2000
113,630.5
6,740.8
44,296.6
12,518.6
14,444.6
228,594.2
289,261.3
234,075.8
38,518.8
2,941.2
985,022.4
2001
160,209.1
9,503.9
62,454.3
17,650.2
20,365.6
294,970.0
406,734.1
327,206.7
54,308.2
4,778.3
1,358,180.3
2002
144,297.6
13,670.8
75,763.3
21,112.7
21,279.4
298,318.1
473,478.8
378,826.5
82,229.3
3,718.9
1,512,695.3
2003
201,648.3
18,830.1
105,211.6
28,924.7
34,185.8
422,165.2
650,365.2
498,815.9
115,481.2
4,607.4
2,080,235.3
2004
178,747.4
21,846.7
101,970.4
26,709.9
39,307.6
451,618.4
584,645.4
458,917.1
117,210.2
6,072.0
1,987,045.3
2005
193,259.1
28,008.6
165,250.5
56,017.1
70,021.4
677,807.2
899,074.9
613,387.5
84,025.7
14,004.3
2,800,856.3
2006
214,487.68
31,085.20
183,402.65
59,061.87
77,712.98
749,153.20
1,004,051.80
680,765.76
93,255.59
15,542.59
3,108,519.3
2007
269,924.54
39,119.53
230,805.22
74,327.10
97,798.82
942,780.63
1,263,560.77
856,717.67
117,358.59
19,559.76
3,911,952.6
2008
311,388.16
51,898.03
285,439.14
77,847.04
129,745.06
1,297,450.65
1,712,634.87
1,141,756.57
155,694.08
25,949.01
5,189,802.6
2009 2
2010 2
2011 1
446,895.65
28,880.74
77,181.11
81,008.74
22,620.09
620,048.48
1,224,134.85
2,359,345.40
242,152.36
266.95
5,102,534.4
693,255.37
1,077,841.60
38,185.26
45,137.84
104,313.91
1,010,403.59
99,867.57
1,775,269.66
27,742.74
32,399.16
811,792.72
806,562.61
1,616,764.75
1,408,258.81
3,762,610.95
3,549,776.68
455,640.31
526,265.05
4,482.65
3,259.22
7,614,656.2
10,235,174.2
Sources: NBS and CBN

Notes: 2Revised
1
Provisional
862,515.7
Table D.2.1: Balance of Payments - Analytical Statement (N' Million)

1960
Category
(A) CURRENT ACCOUNT
Merchandise
Credit
Debit
372.0
501.4
1 9 61
Net
Credit
Debit
(129.4)
390.6
517.2
1 9 62
Net Credit
Debit
(126.6)
382.8
491.2
1963
Net
Credit
Debit
(108.4)
422.2
534.2
1 9 64
Net Credit
Debit
(112.0)
465.2
668.2
19 65
Net
Credit
Debit
(203.0)
604.2
787.2
1 9 66
Net Credit
Debit
(183.0)
637.4
826.2
(5.0)
1967
Net
Credit
Debit
(188.8)
554.6
674.6
1 9 68
Net Credit
Debit
(120.0)
517.6
654.8
1 9 69
Net
Credit
Debit
Net
(137.2)
724.4
785.2
(60.8)
166.8
330.0
418.6
(88.6)
341.8
429.2
(87.4)
330.6
394.8
(64.2)
370.4
402.4
(32.0)
402.4
492.4
(90.0)
530.0
535.0
561.6
501.4
60.2
477.6
436.8
40.8
416.8
382.2
34.6
624.6
457.8
Exports (F.O.B.)
330.0
330.0
341.8
341.8
330.6
330.6
370.4
370.4
402.4
402.4
530.0
530.0
561.6
561.6
477.6
477.6
416.8
416.8
624.6
624.6
Imports (F.O.B.).
418.6
(418.6)
429.2
(429.2)
394.8
(394.8)
402.4
(402.4)
492.4
(492.4)
535.0
(535.0)
501.4
(501.4)
436.8
(436.8)
382.2
(382.2)
457.8
(457.8)
30.8
68.2
(37.4)
39.0
70.6
(31.6)
40.0
82.8
(42.8)
39.2
113.8
(74.6)
39.6
152.2
(112.6)
44.8
228.2
(183.4)
47.8
301.4
(253.6)
40.0
216.2
(176.2)
47.2
253.4
(206.2)
56.2
304.6
(248.4)
11.0
20.0
(9.0)
12.0
19.8
(7.8)
11.2
28.8
(17.6)
8.0
42.0
(34.0)
7.0
62.4
(55.4)
8.2
113.0
(104.8)
8.4
157.0
(148.6)
7.2
88.0
(80.8)
5.2
113.0
(107.8)
6.0
116.0
(110.0)
Services and Income

Investment Income
Interest on Reserves
Others
136.4
(121.0)
20.8
Non-factor services
Other Services
4.0
19.6
Unrequited Transfers
11.2
14.6
(B) CAPITAL
170.2
41.0
Direct Investment
Portfolio Investment
Other Capital Long-term
Official(of which)
38.0
11.8
(15.6)
(3.4)
4.6
17.6
9.8
17.4
129.2
181.4
54.0
38.0
50.0
11.8
(13.0)
(7.6)
4.8
17.8
12.2
13.6
127.4
148.0
20.4
50.0
43.4
(13.0)
(1.4)
4.0
32.6
12.6
18.0
127.6
228.0
57.8
43.4
75.8
7.0
0.2
6.8
5.2
0.8
4.4
12.4
1.4
(28.6)
(5.4)
4.8
42.0
23.2
23.6
170.2
231.6
37.8
75.8
126.0
-
11.0
12.0
(37.2)
(0.4)
4.8
64.4
(59.6)
5.0
91.8
(86.8)
12.2
87.8
(75.6)
15.2
86.6
(71.4)
15.4
29.4
24.0
5.4
28.0
23.8
4.2
37.0
21.6
15.4
53.6
19.2
34.4
43.6
22.8
193.8
216.4
46.6
169.8
210.6
48.2
162.4
236.6
46.4
190.2
264.0
110.0
154.0
213.0
147.6
65.4
126.0
110.4
110.4
110.0
110.0
91.0
12.0
79.0
142.8
50.0
92.8
120.0
20.0
100.0
3.6
8.4
32.6
3.4
29.2
30.4
4.4
26.0
25.4
5.6
19.8
34.4
5.6
28.8
7.0
8.0
(1.0)
Amortisation
Disbursement
Other Official
Private (Net)
Other Capital Short-term
0.8
(0.8)
7.0
7.0
5.2
5.2
1.8
1.8
14.4
14.4
2.4
(2.4)
4.2
4.2
36.8
36.8
58.2
79.4
542.4
(0.2)
572.0
571.2
0.8
530.8
511.6
19.2
650.2
592.0
58.2
696.8
706.0
(9.2)
820.6
833.8
(13.2)
848.0
874.4
(26.4)
791.2
721.0
70.2
781.6
764.8
16.8
937.4
932.8
4.6
9.4
4.0
4.0
22.2
(22.2)
59.2
(59.2)
11.4
(11.4)
9.0
9.0
21.8
21.8
24.2
(24.2)
14.2
14.2
43.2
43.2
9.2
576.0
4.8
530.8
533.8
(3.0)
650.2
651.2
(1.0)
696.8
717.4
(20.6)
829.6
833.8
(4.2)
869.8
874.4
(4.6)
791.2
745.2
46.0
795.8
764.8
31.0
980.6
932.8
Total (A & B)
(C) NET ERRORS AND OMISSIONS
TOTAL ( A and B and C )
542.2
9.4
551.6
542.4
(D) EXCEPTIONAL FINANCING*
571.2
(9.2)
(4.8)
3.0
1.0
20.6
4.2
4.6
(46.0)
(31.0)
(21.2)
47.8
(47.8)
(i) Promissory Notes(arrears)
(ii) Deferred/Resch. Debt Service
(iii) Change in Reserves
(iv) Others
Source: Central Bank of Nigeria

Notes: Time Reference Period refers to the Balance of Payments year: January - December
* Breakdown of Exceptional Financing into sub-items is not available from 1960 to 1969
Data in this edition of the Statistical Bulletin features the latest revisions to the BOP tables for the various years
Table D.2.1 (Continued): Balance of Payments - Analytical Statement (N' Million)

1970
Category
(A) CURRENT ACCOUNT
Merchandise
Oil
383.6
464.8
Non-Oil
#####
1971
Total*
(50.0)
##### 173.0
Exports (F.O.B.)
517.2
Imports (F.O.B.)
(52.4)
#####
####
(81.2)
#####
####
(7.0)
(7.0)
Services and Income

Investment Income(Credit)
Interest on Reserves
Others
Investment Income(Debit)
374.2
#####
891.4
Oil
Non-Oil
600.6
(830.0)
929.8
(644.8)
1972
Total*
(229.4)
285.0
980.4
364.0
(50.6)
######
######
(187.0)
(516.2)
####
-
####
####
(9.6)
-
1,344.4
(9.6)
-
Oil
612.3
#####
Non-Oil
1973
Total*
##### (322.7)
######
1974
Total*
52.7
(798.1)
1,166.9
363.5
2,369.5
######
(528.9)
##### (785.9)
(626.2)
(9.6)
(119.6)
(335.2)
(389.8)
#####
(9.6)
#####
Non-Oil
(41.0)
250.7
477.5
Oil
#####
##### (959.6)
#####
#####
#####
(45.2)
(452.6)
######
Oil
#####
#####
#####
(52.4)
###### (561.2)
Oil
Non-Oil
1976
Total*
#####
######
###### 4,434.3
#####
###### 1,487.1
430.0
#####
(753.5)
###### (118.0)
-1,314.7
309.6
######
-1,367.7
Oil
Non-Oil
#####
######
#####
1977
Total*
Non-Oil
1 9 78
Total*
Non-Oil
#####
######
###### 1,553.9
#####
######
#####
523.0
#####
###### -2,082.7
Non-Oil
1980
Total*
######
1,009.5
#####
######
2,967.4
Oil
######
######
Non-Oil
#######
(7,289.4)
#######
######
######
(181.8)
######
###### (216.0)
######
######
(602.7)
(2,859.5)
######
(424.7)
(165.3)
(473.4)
(320.8)
(161.2)
(482.0)
(309.2)
(149.7)
(458.9)
(398.9)
(173.4)
(572.3)
(196.2)
(132.7)
(328.9)
(187.1)
(242.1)
(429.2)
(464.2)
(570.2)
159.4
159.4
-
371.5
-
371.5
-
342.8
#######
(2,523.7)
431.2
######
Non-Oil
#######
######
######
(7,843.1)
(308.1)
Oil
######
######
(210.2)
1981
Total*
6,132.7
######
######
183.9
553.7
2,355.3
670.0
######
183.9
#####
(586.8)
Oil
#####
###### (230.0)
226.4
1 9 79
Total*
######
6,632.6
226.4
(245.1)
627.7
(741.7)
######
###### (110.0)
277.6
(883.4)
7,976.6
277.6
-1,455.0
######
###### (102.2)
309.6
(907.6)
6,343.4
(647.5)
Oil
######
#####
425.6
######
(547.4)
(258.4)
Oil
#####
###### 1,294.4
#####
(90.0)
(788.4)
42.6
5,116.1
97.6
(579.3)
349.8
######
97.6
6,100.7
19 75
Total*
###### 3,057.5
##### (554.6)
(16.2)
Non-Oil
-1,614.0
1982
Total*
Oil
(3,998.4)
#####
(703.5)
#####
11,023.3
#####
####### (225.5)
(2,948.4)
(331.2)
431.2
-
Non-Oil
#######
(9,587.9)
203.2
(9,791.1)
(2,448.7)
148.4
-
1983
Total*
Oil
(4,879.5)
#####
(1,810.2)
#####
8,206.4
#####
####### (171.6)
(2,779.9)
148.4
-
(292.8)
-
Non-Oil
######
######
301.3
Oil
Non-Oil
1985
Total*
######
#####
###### 2,299.8
#####
Oil
Non-Oil
1986
Total*
5,233.0
(8,232.1)
5,065.1
7,454.5
(4,010.6)
497.2
###### 8,368.4
######
######
-1,777.9
###### (317.5)
######
######
(450.5)
######
######
74.5
-
(611.5)
(832.4)
(190.6)
(744.6)
(935.2)
(141.6)
(551.4)
(693.0)
(80.4)
40.2
-
40.2
-
######
######
(118.7)
72.5
-
72.5
-
(190.6)
(139.1)
(211.1)
(297.1)
(508.2)
(253.1)
(685.8)
(938.9)
(258.5)
(936.8)
(138.5)
(2,660.8)
(203.8)
(2,343.4)
(2,547.2)
(140.6)
(1,852.5)
(1,993.1)
(151.2)
(237.1)
(630.8)
(867.9)
(331.8)
(758.6)
Other Services
Unrequited Transfers (Net)

(B) CAPITAL
Direct Investment
####
35.0
(75.0)
45.0
####
45.0
Disbursement
Other Official
Total (A & B)
(C) NET ERRORS AND OMISSIONS
TOTAL ( A and B and C )
(D) EXCEPTIONAL FINANCING
73.4
269.2
195.8
102.0
297.8
(7.0)
88.6
#####
#####
-
(i) Promissory Notes(arrears) -
(ii) Deferred/Resch. Debt Service

-
(iii) Change in Reserves**
(iv) Others
(7.0)
(76.8)
(0.8)
31.0
(10.0)
604.6
31.0
-
3.2
(14.3)
195.8
142.8
253.2
293.4
128.8
####
253.2
1.8
289.4
4.4
Amortisation
1.8
4.0
14.0
4.4
Private (Net)
49.2
128.6
Official(of which)
##### (240.9)
93.6
Other Capital Long-term
(77.0)
179.6
Other Capital Short-term(Net)
113.6
(35.4)
186.2
(1.0)
9.2
9.2
64.0
808.1
604.6
(540.6)
117.4
808.1
(46.6)
(117.4)
#####
#####
-
(117.4)
(53.5)
110.7
57.2
(57.2)
#####
#####
-
1.3
-
######
######
-
(141.7)
(4.6)
(49.7)
(50.4)
197.5
197.5
(197.5)
#####
#####
-
(14.7)
(76.8)
121.4
210.5
(89.1)
14.3
14.3
(136.7)
###### 3,051.6
-
50.6
###### 3,102.2
-
(197.5)
(5.9)
(65.1)
(136.7)
(57.2)
(62.1)
181.6
19.7
(76.8)
141.1
######
(97.8)
(50.6)
147.5
147.5
(34.4)
(234.2)
8.6
8.6
15.2
15.2
######
######
-
183.7
(26.2)
157.5
(157.5)
#####
#####
-
54.7
212.5
157.8
(199.8)
(8.6)
253.0
#####
(97.8)
(484.5)
(135.7)
#####
(42.0)
-1,273.7
42.5
-1,035.5
(46.6)
(1.0)
(62.1)
135.8
186.3
144.8
70.8
47.4
80.3
(2.0)
(51.0)
(35.4)
(62.4)
46.6
(46.6)
(2.0)
-

Notes: Time Reference Period refers to the Balance of Payments year: January - December
*Total indicate the net positions as in 1970-1993
**Minus (-) sign indicates increase in reserves while plus (+) sign indicates decrease in reserves
External reserves reported were converted into raira using the central exchange rate as against
the table on Nigeria's external reserves position which used the end-period exchange rate
The data in this edition of the Statistical Bulletin features the latest revisions to the BOP tables for the various years
(62.4)
116.4
35.8
64.5
35.8
3.2
53.4
126.4
(540.6)
(14.3)
###### (238.2)
3.3
3.3
(32.2)
(32.2)
######
######
-
(309.0)
(30.0)
(339.0)
339.0
-1,736.8
(118.7)
(118.7)
92.1
(20.2)
(20.2)
(84.0)
######
######
-
(497.1)
(30.1)
(527.2)
527.2
#####
#####
(2.9)
(230.6)
(233.5)
(4.4)
817.6
813.2
134.4
(4.4)
188.7
(884.4)
(884.4)
96.3
######
######
######
-
(157.5)
339.0
527.2
(18.6)
######
1,293.6
(5.2)
(310.0)
(315.2)
(541.8)
(639.2)
184.3
(568.8)
164.7
622.8
(598.2)
(598.2)
#####
#####
6.1
######
-
1,293.6
-
(33.6)
6.1
######
(33.6)
######
622.8
(3.6)
96.3
(170.6)
881.2
######
######
1,111.9
(3.6)
######
42.3
(28.9)
881.2
(84.0)
-1,329.6
1,019.8
(9.1)
92.1
245.5
(11.1)
-1,280.7
(170.6)
150.4
#####
2.9
98.0
#####
(48.9)
(11.1)
(9.1)
-1,252.3
1,822.7
46.2
1,868.9
######
(339.7)
(346.5)
97.4
149.0
780.5
929.5
(404.1)
141.9
192.8
356.1
356.1
(330.3)
(330.3)
145.4
######
#######
#######
-
######
-
118.4
2,452.7
(50.5)
2,402.2
######
(97.2)
146.1
(480.0)
(480.0)
-
115.2
736.8
736.8
(720.3)
(720.3)
62.3
2,381.8
62.3
(18.4)
96.4
######
#######
-
290.0
(18.4)
89.3
(289.4)
3,470.9
216.6
7.1
(282.1)
3,335.2
73.4
498.4
######
(7.3)
135.7
334.7
498.4
(25.8)
27.0
######
(25.8)
(6.8)
(3,068.9)
48.1
#######
(3,020.8)
3,020.8
#####
#####
-
(8,983.5)
(8,983.5)
-
10.3
1,398.3
(285.8)
2,735.7
264.3
-
30.9
1,331.0
1,361.9
(1,398.3)
149.1
1,109.5
(16.5)
(1,408.6)
(188.6)
2,589.6
(16.5)
###### -1,452.2
######
-
#####
#####
-
######
(88.4)
(165.4)
(253.8)
(72.3)
171.9
######
(402.2)
89.7
(17.4)
(402.2)
100.9
(301.3)
301.3
574.1
270.7
360.4
47.6
(246.5)
(198.9)
(432.2)
(432.2)
######
(17.4)
1,109.5
(185.7)
#####
#####
-
(47.6)
(539.5)
75.9
######
-
(233.3)
######
######
(232.0)
358.2
-
######
-
1,477.0
553.2
2,030.2
216.0
9,040.4
######
######
-
138.9
354.9
(354.9)
9,040.4
-
######
-
(339.6)
(9.5)
(349.1)
(349.1)
Oil
######
2,152.0
#######
######
######
98.7
98.7
98.7
######
1988
Total*
(295.3)
####### 13,968.1
######
######
(4,026.8)
(3,248.5)
Non-Oil
#######
######
######
98.7
######
184.1
184.1
(8,719.0)
(4,097.3)
(4,502.4)
405.1
(282.6)
(153.6)
159.6
6,973.1
#######
######
######
405.1
-
1,585.6
6,973.1
735.8
151.6
######
(436.2)
1,745.2
######
800.9
#######
-
######
4,099.1
(6.1)
######
2,306.2
(88.3)
(88.3)
######
######
######
-
(90.1)
#######
(790.4)
(96.2)
#######
146.6
2,452.8
4,353.1
#######
#######
#######
235.2
-
#######
#######
235.2
-
(102.4)
(190.7)
(1,846.6)
(8,469.7)
#######
#######
(926.2)
#######
#######
1,120.2
1,120.2
(3,420.0)
4,353.1
#######
1,120.2
1,120.2
(2,673.3)
(746.7)
######
(325.7)
(2,601.2)
17,964.8
(8.0)
######
1,598.1
(87.4)
(87.4)
######
######
######
-
393.3
#######
(9,227.1)
(105.8)
(1,149.6)
(240.4)
186.8
(9,552.8)
(9,227.1)
######
186.8
(9,332.9)
######
186.8
186.8
(877.0)
298.7
#######
########
#######
#######
(3,002.7)
(36,311.7)
#######
(2,644.3)
######
151.6
4,228.3
#######
#######
385.3
(839.7)
#######
#######
#######
(716.4)
(839.7)
(249.0)
(1,088.7)
(903.9)
(910.4)
(6,051.0)
(1,804.6)
(5,180.7)
(6,985.3)
(2,098.8)
(13,271.7)
(27.0)
(4,525.1)
13,204.2
#######
#######
1,338.4
(114.9)
#######
#######
-
(79.5)
-
673.2
1,140.8
#######
13,877.4
(1,618.8)
####### -24,226.5
#######
#######
#######
#######
1,247.6
1,247.6
(51.0)
(7.5)
(20.4)
7,312.3
#######
#######
(10,795.3)
4,686.0
5,458.6
1,457.5
(435.2)
(435.2)
(594.9)
#######
#######
(30,679.5)
#######
#######
#######
#######
3,724.4
3,724.4
#######
71,250.1
71,250.1
-
45.2
4,184.8
#######
(30,679.5)
(33,018.4)
45.2
#######
#######
(4,514.1)
(1,247.8)
#######
(5,761.9)
5,761.9
-
89,373.6
89,373.6
-
2,338.9
19,021.6
########
2,089.2
2,089.2
-
#######
(1,557.7)
#######
(1,557.7)
(1,814.3)
#######
7,291.9
#######
6,916.1
(2,892.9)
-
(49,807.1)
2,724.7
2,724.7
(42,211.1)
########
(54,257.7)
2,724.7
2,724.7
(43,768.8)
(469.8)
(2,027.5)
(41,741.3)
(10,320.7)
(13,213.6)
12,680.1
(63,581.5)
4,028.5
Non-Oil
########
#######
########
(41,741.3)
#######
10,434.6
Oil
#######
81,000.4
12,680.1
#######
5,022.3
#######
########
#######
#######
(77,462.8)
1,252.3
1,252.3
(45,275.5)
Total*
(19,488.7)
72,060.4
218,801.1
########
########
1,252.3
1,252.3
(73,946.6)
########
(44,331.9)
#######
(943.6)
(29,614.7)
(33,439.6)
(36,648.8)
(3,209.2)
-
########
(2,852.9)
14,463.1
17,953.4
17,794.0
17,794.0
(16,888.0)
(19,740.9)
11,706.9
29,660.3
(594.9)
36,851.8
36,851.8
(377.0)
(377.0)
#######
(97,559.1)
(97,559.1)
(38,176.3)
(38,176.3)
(97,559.1)
(97,559.1)
#######
#######
2,338.9
(3,124.6)
#######
########
7,356.3
-
########
7,356.3
-
(38,176.3)
(38,176.3)
(47,707.1)
(47,707.1)
9,530.8
9,530.8
-
#######
(6,902.7)
(92,511.4)
#######
9,958.4
(10,847.9)
#######
########
(99,332.8)
#######
########
(39,229.6)
(969.1)
(2,072.1)
(2,507.2)
########
#######
#######
########
########
#######
########
(41,736.8)
41,736.8
15,796.6
149.9
5,804.0
4,278.4
11,820.0
18,049.1
28,373.1
21,756.2
36,133.1
55,350.7
55,350.7
3,020.8
1,398.3
301.3
(354.9)
(349.1)
(784.3)
(159.2)
2,294.1
(8,727.8)
#######
(5,959.6)
65,271.8
(13,613.9)
(13,613.9)
455.1
500.0
451.8
3,348.2
24,260.1
101,404.9
(2,507.2)
3,614.6
#######
2,207.0
#######
22,993.5
3,622.1
#######
#######
(24,218.8)
(130.5)
(3,455.7)
(25,129.2)
2,479.0
#######
(903.9)
#######
#######
(604.2)
#######
#######
(4,450.6)
1993
Total*
39,422.8
205,613.1
######
#######
####### 47,009.0
20,795.0
1,167.8
(1,618.8)
(79.5)
#######
####### 47,009.0
(1,382.0)
2,089.2
2,089.2
#######
#######
(6,567.8)
(290.9)
#######
########
#######
1,718.2
(27.5)
########
#######
#######
2,611.8
#######
#######
44,677.9
120.1
#######
1,698.2
1,698.2
12,655.4
(64,406.4)
#######
#######
1,338.4
1,698.2
1,698.2
(93,405.8)
#######
(425.5)
2,611.8
(3,276.8)
#######
(425.5)
-5,260.6
Non-Oil
#######
(69,083.6)
#######
Oil
#######
(7,772.2)
1,215.9
(219.9)
1992
Total*
4,677.2
#######
#######
Non-Oil
#######
#######
#######
#######
1991
Oil
70,114.9
3,259.6
(6,073.1)
57,971.2
Total*
44,731.2
#######
#######
#######
31,192.8
Non-Oil
#######
#######
#######
(219.9)
(194.7)
Oil
97,901.6
2,954.4
(4,671.6)
8,596.9
(4,250.9)
1990
Total*
####### 30,770.3
55,016.8
#######
(3,153.2)
(3,641.0)
Non-Oil
####### 10,684.1
50,345.2
#######
(122.1)
(45.7)
Oil
51,534.1
2,757.4
(966.6)
184.1
1989
Total*
(965.7)
####### 11,435.0
######
######
#######
184.1
Non-Oil
#######
######
######
437.1
8,596.9
Oil
######
#######
######
(282.6)
(9,684.5)
30,360.6
######
######
10.4
######
(849.7)
8,920.5
(318.6)
549.9
1987
Total*
######
3,443.9
(2,929.9)
434.1
######
552.1
(4,562.7)
######
###### 1,740.1
######
######
-
(159.7)
######
######
######
(913.9)
######
Interest on Loans
(81.2)
Non-Oil
2,215.4
######
######
Others
Non-factor services (Net)
Oil
######
######
(299.4)
9,088.0
######
######
(220.9)
247.4
44.1
######
7,502.5
#####
###### (282.4)
74.5
1984
Total*
######
(781.4)
-8,112.3
Table D.2.1: Balance of Payments - Analytical Statement (N' Million) - Continued

Category
(A) CURRENT ACCOUNT
Goods
Export (F.O.B)
Oil
Non-oil
Imports
Oil
Non-oil
Services (net)
1994
1995
1996
(52,304.3)
(186,084.8)
1997
376,024.0
1998
263,295.7
1999
(331,429.7)
(18,449.4)
2000
2001
46,336.2
713,023.9
2002
242,901.3
2003
2004
(117,037.3)
704,560.0
2,056,326.3
61,335.9
247,177.7
678,557.2
409,408.4
395,972.4
1,059,203.2
766,962.6
382,751.9
1,215,674.7
2,615,736.3
206,059.2
825,669.6
1,128,246.6
1,091,131.4
689,066.2
1,188,969.8
1,945,723.3
2,001,230.8
1,744,177.7
3,087,886.4
4,602,781.5
200,710.2
805,566.8
1,108,187.1
1,065,502.1
657,843.5
1,169,476.9
1,920,900.4
1,973,222.2
1,649,445.8
2,993,110.0
4,489,472.2
5,349.0
20,102.8
20,059.5
25,629.3
31,222.7
19,493.0
24,822.9
28,008.6
94,731.8
94,776.4
(144,723.3)
(578,491.9)
(449,689.4)
(681,723.0)
(707,515.6)
(792,997.5)
(886,520.2)
(1,234,268.2)
(1,361,425.8)
(1,872,211.7)
113,309.4
(1,987,045.3)
(42,349.6)
(135,370.9)
(139,487.2)
(146,650.8)
(161,267.5)
(211,661.7)
(198,735.9)
(215,474.6)
(325,539.0)
(359,030.1)
(318,114.7)
(102,373.7)
(443,121.0)
(310,202.2)
(535,072.2)
(546,248.1)
(581,335.7)
(687,784.2)
(1,018,793.6)
(1,035,886.8)
(1,513,181.7)
(1,668,930.6)
(349,150.3)
(58,225.2)
(282,275.9)
(285,959.0)
(281,642.3)
(252,101.6)
(230,499.1)
(149,222.2)
(332,175.2)
(288,176.8)
(288,698.8)
Services (credit)
(36,030.5)
(119,815.8)
(188,134.2)
(128,010.1)
67,875.8
90,456.3
186,405.8
183,896.5
303,305.9
447,312.3
441,654.4
Services (debit)
(22,194.7)
(162,460.1)
(97,824.8)
(153,632.2)
(319,977.4)
(320,955.4)
(335,628.0)
(516,071.6)
(591,482.7)
(736,011.1)
(790,804.7)
(66,367.4)
(202,535.1)
(211,092.2)
Income (net)
Investment income (credit)
Interest on reserves and investments
Others
(225,691.2)
(175,945.8)
(238,052.5)
(362,412.7)
(343,891.1)
(381,459.4)
(422,582.3)
(568,168.0)
1,068.0
7,088.8
8,025.2
18,540.3
25,569.6
22,133.9
37,153.1
40,261.6
19,942.3
10,513.0
20,845.1
1,068.0
7,088.8
8,025.2
18,540.3
25,300.8
21,875.3
35,923.1
40,261.6
19,942.3
10,513.0
20,845.1
268.8
258.6
1,230.0
Investment income (debit)
(67,435.4)
(209,623.9)
(219,117.4)
(244,231.5)
Interest due on loans
(36,352.8)
(106,270.9)
(107,498.3)
Others
(31,082.6)
(103,353.0)
(111,619.1)
10,952.4
51,548.5
194,518.0
Current Transfers (net)

General Government
Other sectors
(B) CAPITAL AND FINANCIAL ACCOUNT

Capital Account (net)
Capital Transfers (net)
Acquisation/Disposal of non-financial assets
Financial Account (net)
Direct Investment
Other Investment
Official (of which)
Amortisation (due)
Disbursement
OVERALL BALANCE =Total (A & B & C)
(D) FINANCING
a. Exceptional Financing
Promissory notes (arrears)
Deferred debt service
Others
b. Change in Reserves*
(201,515.4)
(260,186.4)
(399,565.8)
(384,152.7)
(401,401.6)
(433,095.2)
(589,013.1)
(130,105.2)
(91,924.7)
(110,512.5)
(217,734.3)
(241,838.3)
(209,357.7)
(195,500.4)
(142,150.4)
(114,126.3)
(109,590.7)
(149,673.9)
(181,831.5)
(142,314.4)
(192,043.9)
(237,594.8)
(446,862.7)
361,220.8
115,067.1
118,915.5
165,455.7
152,005.0
169,847.0
200,166.4
357,908.3
133,965.4
(4,170.7)
(9.2)
(7,674.6)
6,244.0
(1,458.9)
(10,449.8)
(8,005.3)
199,393.2
227,255.4
119,237.8
118,924.7
173,130.3
145,760.9
171,305.9
210,616.2
365,913.6
(423,462.7)
(261,207.8)
116,718.8
(366,820.7)
(390,356.3)
(211,211.3)
(437,210.9)
(855,899.2)
(914,214.1)
11,252.8
(3,254.0)
30,698.8
34,627.4
1,313.40
1,218.89
3,324.0
6,547.0
2,621.1
4,721.5
30,698.8
34,627.4
1,313.4
1,218.9
3,324.0
6,547.0
2,621.1
4,721.5
(19,446.0)
(37,881.4)
(423,462.7)
(261,207.8)
115,405.4
(368,039.5)
(393,680.3)
(211,211.3)
(443,757.9)
(858,520.4)
(918,935.6)
22,229.2
110,452.7
80,749.0
92,792.5
115,952.2
132,433.7
225,224.8
258,388.6
248,224.6
1,015.7
51,079.1
92,518.9
24,789.2
23,555.5
(560,711.6)
(436,163.8)
(693,771.8)
(1,140,464.5)
(1,190,701.1)
75,940.6
111,290.9
(203.5)
(5,785.0)
(12,055.2)
(4,785.8)
(41,471.7)
(108,037.0)
(522,698.4)
(366,874.7)
35,293.9
(461,847.7)
(41,471.7)
(108,037.0)
(212,258.7)
(206,871.1)
(125,735.8)
(153,229.0)
(99,566.2)
(94,521.9)
(163,890.8)
(179,720.7)
(224,136.9)
(51,355.7)
(188,206.7)
(260,668.2)
(255,173.5)
(185,370.1)
(222,853.4)
(100,755.5)
(95,070.2)
(164,795.1)
(182,026.0)
(229,190.9)
9,884.0
80,169.7
48,409.5
48,302.4
59,634.3
69,624.4
(310,439.7)
(160,003.6)
161,029.7
(308,618.7)
(1,011.7)
Private (Net)
(C) NET ERROR AND OMISSIONS
(4,875.2)
(1,571.8)
(5,877.5)
(5,713.3)
(42,623.3)
(195,216.3)
(53,152.0)
42,623.3
195,216.3
53,152.0
49,818.2
179,891.2
237,102.5
49,818.2
(7,194.9)
179,891.2
15,325.1
237,102.5
-
(637.5)
1,189.3
(461,145.4)
(341,641.9)
(529,881.0)
2,305.3
(960,743.8)
5,054.0
(966,564.2)
(5,960.4)
(6,149.8)
(9,235.7)
(10,959.1)
(220,671.3)
(326,634.3)
314,139.2
24,729.9
(563,483.9)
(162,298.2)
1,124,157.2
(1,076.2)
220,671.3
326,634.3
(314,139.2)
(24,729.9)
563,483.9
162,298.4
(1,124,157.2)
183,711.0
174,273.3
139,260.5
31,802.0
233,785.2
134,795.0
250,516.9
-
(183,950.5)
(251,593.1)
183,711.0
36,960.3
174,273.3
152,361.0
139,260.5
-
(6,960.2)
904.3
1,076.2
250,516.9
(8,528.4)
548.3
23,541.0
31,802.0
-
(453,399.7)
(56,531.9)
233,785.2
-
137,645.7
-
134,795.0
-
329,698.7
(17,955.0)
137,645.7
-
27,503.3
(1,261,802.9)
Memorandum Items
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
Current Account Balance as % of G.D.P
(5.7)
(8.5)
13.3
9.1
(11.5)
1.2
15.7
4.7
(1.5)
7.0
17.6
(10.2)
(15.0)
(9.0)
(8.5)
(4.1)
(5.5)
(8.4)
(1.9)
(1.9)
6.9
0.5
(7.1)
(1.6)
9,910.4
10,415.6
Capital Account Balance as % of G.D.P

Overall Balance as % of G.D.P
External Reserves - Stock (US $ million)
Number of Months of Import Equivalent
1.2
(4.7)
1,658.8
1,441.0
4,074.7
7,581.2
4.4
(7.7)
7,100.0
(10.7)
(9.7)
5,450.0
7,681.1
7,467.8
(7.8)
9.6
16,955.0
3.0
2.1
7.6
9.6
9.2
7.6
13.6
11.3
8.2
6.2
13.6
91,494.0
1,960,700.0
617,320.0
595,931.6
633,017.0
2,577,383.4
28,273.7
28,347.0
30,992.0
32,916.8
35,944.7
Goods and Non Factor Services
40.0
33.9
31.3
32.2
36.6
26.1
14.9
14.6
17.4
13.5
8.7
Average Exchange Rate (N/$)
21.9
70.4
69.8
71.8
76.8
92.3
101.7
111.9
121.0
129.4
133.5
External Debt Stock ( N million)

Debt Service Due as % of Exports of

Notes: *Minus (-) sign indicates increase in reserves while plus (+) sign indicates decrease in reserves
External reserves reported were converted into raira using the central exchange rate as against
the table on Nigeria's external reserves position which used the end-period exchange rate
Data in this edition of the Statistical Bulletin features the last revisions to the BOP tables for the various years
Table D.2.1: Balance of Payments (N' Million) - Continued

Category
CURRENT ACCOUNT
Goods
Credit
Debit
Exports fob
Crude oil & gas
Crude oil
Gas
Non-oil
Imports fob
Crude oil & gas
Non-oil
Trading Partner Adjustment
Services(net)
Credit
Debit
Transportation(net)
Credit
Debit
Of which: Passenger
Credit
Debit
Of which: Freight
Credit
Debit
Of which: Other
Credit
Debit
Travel
Credit
Debit
Business travel
Credit
Debit
Personal travel
Credit
Debit
Education related expenditure
Credit
Debit
Health related expenditure
Credit
Debit
Other Personal Travels
Credit
Debit
Insurance services
Credit
Debit
Communication services
Credit
Debit
Construction services
Credit
Debit
Financial services
Credit
Debit
Computer & information services
Credit
Debit
Royalties and license fees
Credit
Debit
Other business services
Credit
Debit
Operational leasing services
Credit
Debit
Misc. business, professional, and technical services
Credit
Debit
Personal, cultural & recreational services
Credit
Debit
Government Services n.i.e
Credit
Debit
Income(net)
Credit
Debit
Compensation of employees
Credit
Debit
Investment income
Credit
Debit
Direct investment
Credit
Debit
Income on equity
Credit
Debit
Dividends and distributed branch profits
Credit
Debit
Reinvested earnings and undistributed branch profit
Credit
Debit
Income on Direct Investment Loans (interest)
Credit
Debit
Portfolio investment
Credit
Debit
Other investment
Income on debt (interest)
Credit
Debit
2005
4,891,744.45
3,832,995.79
7,246,534.80
(3,413,539.01)
7,246,534.80
7,140,578.92
6,743,640.56
396,938.36
105,955.88
(3,413,539.01)
(724,816.82)
(1,821,416.19)
(867,306.00)
(634,172.21)
235,320.62
(869,492.83)
(192,166.11)
175,580.84
(367,746.95)
(23,122.91)
11,115.97
(34,238.88)
(319,583.87)
9,485.17
(329,069.04)
150,540.67
154,979.70
(4,439.03)
(24,302.96)
7,152.65
(31,455.61)
(11,624.53)
(11,624.53)
(274.65)
(274.65)
(11,084.43)
(11,084.43)
-
(1,319.35)
7,152.65
(8,472.00)
(466.51)
74.90
(541.41)
(18,221.18)
2,653.96
(20,875.14)
(5,973.97)
(5,973.97)
(1,927.13)
1,436.97
(3,364.10)
(19,778.79)
(19,778.79)
(8,860.98)
(8,860.98)
(378,181.55)
1,185.98
(379,367.53)
(3,778.04)
(3,778.04)
(374,403.51)
1,185.98
(375,589.49)
(38.57)
(38.57)
15,745.54
47,235.32
(31,489.78)
(296,211.28)
116,901.02
(413,112.30)
13,317.09
20,364.61
(7,047.52)
(309,528.37)
96,536.41
(406,064.78)
(341,717.25)
59.13
(341,776.38)
(335,862.93)
(335,862.93)
(104,348.74)
657.05
(105,005.79)
(230,742.82)
114.33
(230,857.15)
(5,854.32)
59.13
(5,913.45)
(33,903.78)
6,176.27
(40,080.05)
66,092.66
66,092.66
90,301.01
(24,208.35)
2006
4,698,047.08
4,495,928.05
7,324,680.63
(2,828,752.58)
7,324,680.63
7,191,085.64
6,538,465.49
652,620.16
133,594.99
(2,828,752.58)
(646,721.53)
(1,835,800.05)
(346,231.00)
(1,495,583.65)
295,722.93
(1,791,306.58)
(189,306.74)
235,020.43
(424,327.17)
(29,864.16)
3,236.21
(33,100.37)
(340,060.78)
47,900.48
(387,961.26)
180,618.20
183,883.73
(3,265.54)
(398,154.42)
23,696.50
(421,850.92)
(31,039.81)
(31,039.81)
(367,114.62)
23,696.50
(390,811.11)
(136,829.92)
(136,829.92)
(127,928.43)
(127,928.43)
(102,356.26)
23,696.50
(126,052.76)
(35,251.47)
86.71
(35,338.18)
(20,800.51)
3,029.64
(23,830.16)
(6,819.62)
(6,819.62)
(2,403.57)
1,549.25
(3,952.82)
(22,578.61)
(22,578.61)
(10,842.19)
(10,842.19)
(607,804.15)
1,211.35
(609,015.49)
(124,633.57)
(124,633.57)
(483,170.58)
1,211.35
(484,381.92)
(44.03)
(44.03)
(201,578.32)
31,129.07
(232,707.39)
(591,999.26)
241,240.37
(833,239.63)
16,152.99
24,701.28
(8,548.28)
(608,152.25)
216,539.10
(824,691.35)
(740,208.19)
1,882.05
(742,090.24)
(733,563.63)
1,768.57
(735,332.20)
(498,418.25)
1,020.08
(499,438.33)
(235,145.39)
748.48
(235,893.87)
(6,644.56)
113.48
(6,758.04)
(54,956.90)
6,885.55
(61,842.45)
187,012.83
187,012.83
207,771.50
(20,758.66)
2007
3,478,374.82
4,749,881.43
8,309,758.32
(3,559,876.89)
8,309,758.32
8,110,500.38
7,256,604.27
853,896.12
199,257.94
(3,559,876.89)
(699,086.42)
(2,299,830.83)
(560,959.64)
(2,126,812.51)
181,558.24
(2,308,370.75)
(522,531.06)
104,384.20
(626,915.26)
(119,622.38)
15,603.73
(135,226.12)
(434,010.10)
47,231.64
(481,241.74)
31,101.42
41,548.82
(10,447.40)
(676,428.76)
26,840.87
(703,269.62)
(69,689.69)
(69,689.69)
(606,739.07)
26,840.87
(633,579.94)
(317,637.71)
(317,637.71)
(134,330.34)
(134,330.34)
(154,771.02)
26,840.87
(181,611.88)
(25,811.60)
571.40
(26,383.00)
(23,127.14)
3,368.52
(26,495.66)
(7,582.43)
(7,582.43)
581.38
1,684.26
(1,102.88)
(25,104.12)
(25,104.12)
(21,725.71)
(21,725.71)
(517,146.42)
1,247.60
(518,394.02)
(102,874.60)
(102,874.60)
(414,271.82)
1,247.60
(415,519.42)
(48.96)
(48.96)
(307,887.72)
43,461.39
(351,349.11)
(1,478,202.64)
322,595.67
(1,800,798.32)
23,932.71
27,425.99
(3,493.28)
(1,502,135.35)
295,169.68
(1,797,305.04)
(1,640,136.13)
2,740.98
(1,642,877.11)
(1,630,903.89)
2,616.22
(1,633,520.11)
(1,368,280.35)
1,746.64
(1,370,026.99)
(262,623.54)
869.58
(263,493.12)
(9,232.24)
124.76
(9,357.00)
(66,881.34)
6,657.19
(73,538.53)
204,882.12
204,882.12
285,771.51
(80,889.39)
2008
3,450,585.67
5,438,769.73
10,161,490.11
(4,722,720.38)
10,161,490.11
9,913,651.13
8,751,759.36
1,161,891.77
247,838.99
(4,722,720.38)
(1,261,924.24)
(3,460,796.14)
(2,621,053.04)
268,321.83
(2,889,374.87)
(670,879.62)
143,318.68
(814,198.30)
(99,604.96)
46,168.31
(145,773.26)
(608,180.69)
49,286.00
(657,466.69)
36,906.02
47,864.37
(10,958.35)
(1,091,634.62)
67,438.61
(1,159,073.24)
(109,999.25)
(109,999.25)
(981,635.38)
67,438.61
(1,049,073.99)
(560,634.33)
(560,634.33)
(212,566.43)
(212,566.43)
(208,434.63)
67,438.61
(275,873.24)
(120,137.73)
43.85
(120,181.58)
(24,259.62)
3,533.47
(27,793.09)
(7,953.72)
(7,953.72)
(2,002.30)
1,766.73
(3,769.03)
(26,333.41)
(26,333.41)
(22,561.20)
(22,561.20)
(492,869.46)
1,236.71
(494,106.17)
(118,819.96)
(118,819.96)
(374,049.49)
1,236.71
(375,286.21)
(51.35)
(51.35)
(162,370.01)
50,983.77
(213,353.78)
(1,784,946.61)
278,765.18
(2,063,711.78)
10,904.23
15,056.76
(4,152.53)
(1,795,850.84)
263,708.42
(2,059,559.25)
(2,006,498.17)
8,550.39
(2,015,048.57)
(1,997,044.06)
8,338.39
(2,005,382.44)
(1,617,967.16)
7,411.90
(1,625,379.05)
(379,076.90)
926.49
(380,003.39)
(9,454.11)
212.01
(9,666.12)
(24,398.43)
8,676.77
(33,075.20)
235,045.77
235,045.77
246,481.25
(11,435.48)
2009
2,057,949.33
3,773,346.41
8,356,385.57
(4,583,039.17)
8,356,385.57
8,067,233.00
7,321,425.82
745,807.19
289,152.57
(4,583,039.17)
(1,017,748.81)
(3,565,290.36)
(2,453,707.60)
330,241.49
(2,783,949.09)
(743,480.57)
163,530.08
(907,010.65)
(154,139.41)
28,107.95
(182,247.36)
(616,402.29)
84,413.69
(700,815.98)
27,061.13
51,008.44
(23,947.31)
(656,697.55)
89,604.96
(746,302.51)
(108,239.03)
(108,239.03)
(548,458.52)
89,604.96
(638,063.47)
(322,918.93)
(322,918.93)
(131,382.51)
(131,382.51)
(94,157.07)
89,604.96
(183,762.03)
(58,206.09)
112.88
(58,318.97)
(45,647.14)
5,448.99
(51,096.13)
(6,465.99)
(6,465.99)
(6,160.30)
1,203.20
(7,363.50)
(27,716.75)
(27,716.75)
(31,032.73)
(31,032.73)
(615,860.29)
2,117.74
(617,978.04)
(176,403.67)
(176,403.67)
(439,456.63)
2,117.74
(441,574.37)
(1,690.66)
(1,690.66)
(260,749.53)
68,223.64
(328,973.17)
(2,144,670.68)
139,263.22
(2,283,933.91)
17,789.04
20,563.60
(2,774.57)
(2,162,459.72)
118,699.62
(2,281,159.34)
(2,224,046.56)
15,640.07
(2,239,686.64)
(2,220,732.93)
15,345.53
(2,236,078.46)
(1,754,296.44)
13,640.15
(1,767,936.59)
(466,436.49)
1,705.39
(468,141.88)
(3,313.63)
294.54
(3,608.17)
(20,872.58)
2,776.04
(23,648.62)
82,459.42
82,459.42
100,283.51
(17,824.09)
2010
1,993,003.13
4,546,102.41
11,490,298.39
(6,944,195.99)
11,490,298.39
11,093,921.24
10,120,577.75
973,343.48
396,377.16
(6,944,195.99)
(1,665,976.13)
(5,278,219.85)
(2,743,227.07)
462,996.66
(3,206,223.73)
(980,372.87)
296,057.57
(1,276,430.44)
(393,014.80)
25,052.51
(418,067.31)
(618,783.36)
213,625.43
(832,408.79)
31,425.29
57,379.63
(25,954.34)
(751,082.80)
85,529.78
(836,612.58)
(113,519.54)
(113,519.54)
(637,563.26)
85,529.78
(723,093.04)
(358,712.96)
(358,712.96)
(149,840.02)
(149,840.02)
(129,010.28)
85,529.78
(214,540.06)
(75,223.00)
151.27
(75,374.28)
(35,633.94)
7,128.27
(42,762.22)
(19,381.48)
(19,381.48)
(2,990.82)
2,078.27
(5,069.09)
(18,597.37)
(18,597.37)
(33,575.65)
(33,575.65)
(667,686.22)
2,739.94
(670,426.16)
(166,830.32)
(166,830.32)
(500,855.90)
2,739.94
(503,595.84)
(7,882.68)
(7,882.68)
(150,800.23)
69,311.55
(220,111.77)
(2,921,789.13)
149,959.67
(3,071,748.80)
22,212.52
25,035.98
(2,823.46)
(2,944,001.65)
124,923.69
(3,068,925.34)
(2,978,258.30)
21,356.30
(2,999,614.60)
(2,972,431.87)
20,947.91
(2,993,379.77)
(2,552,722.60)
19,043.55
(2,571,766.15)
(419,709.27)
1,904.36
(421,613.62)
(5,826.43)
408.39
(6,234.82)
(48,097.19)
2,953.29
(51,050.48)
82,353.84
82,353.84
100,614.10
(18,260.26)
2011
1,336,791.68
4,746,349.32
14,231,450.63
(9,485,101.30)
14,231,450.63
13,746,207.09
12,674,132.38
1,072,074.71
485,243.54
(9,485,101.30)
(2,952,514.62)
(6,532,586.68)
(3,259,468.68)
521,060.52
(3,780,529.20)
(995,072.77)
244,243.51
(1,239,316.28)
(441,503.56)
10,070.83
(451,574.39)
(582,893.62)
161,430.79
(744,324.41)
29,324.42
72,741.89
(43,417.47)
(919,356.63)
95,886.34
(1,015,242.96)
(169,534.00)
(169,534.00)
(749,822.63)
95,886.34
(845,708.96)
(411,120.21)
(411,120.21)
(169,512.59)
(169,512.59)
(169,189.82)
95,886.34
(265,076.16)
(107,977.18)
253.03
(108,230.21)
(27,609.33)
7,690.45
(35,299.78)
(13,645.97)
(13,645.97)
(46,424.21)
2,458.67
(48,882.88)
(25,372.38)
(25,372.38)
(32,803.43)
(32,803.43)
(920,846.84)
5,497.88
(926,344.72)
(287,533.00)
(287,533.00)
(633,313.84)
5,497.88
(638,811.72)
(12,167.39)
(12,167.39)
(158,192.55)
165,030.64
(323,223.18)
(3,505,308.47)
138,095.92
(3,643,404.39)
21,107.60
27,764.72
(6,657.12)
(3,526,416.07)
110,331.20
(3,636,747.26)
(3,506,908.71)
42,696.40
(3,549,605.11)
(3,499,921.80)
42,307.30
(3,542,229.10)
(3,059,392.64)
38,461.18
(3,097,853.82)
(440,529.16)
3,846.12
(444,375.28)
(6,986.91)
389.10
(7,376.01)
(61,364.83)
2,818.89
(64,183.72)
41,857.47
41,857.47
64,815.91
(22,958.44)
Table D.2.1: Balance of Payments (N' Million) - Continued

Category
Current transfers(net)
Credit
Debit
General government
Credit
Debit
Other sectors
Credit
Debit
Workers' remittances
Credit
Debit
Other Transfers
Credit
Debit
CAPITAL AND FINANCIAL ACCOUNT
Capital account(net)
Credit
Debit
Capital transfers
Credit
General Government
Debt Forgiveness
Other Sector
Debit
Acquisition/disposal of nonproduced, nonfin assets
Credit
Debit
Financial account(net)
Assets
Direct investment (Abroad)
Equity capital
Claims on direct investment enterprises
Liabilities to direct investors
Reinvested earnings
Other capital
Equity securities
Debt securities
Long-term
Short-term
Other investment
Trade credits
Loans -DMBs
Currency and deposits
Monetary authorities
General government
Banks
Other sectors
Other Assets
Reserve assets*
Monetary Gold
SDRs
Reserve Positions in the Fund
Foreign exchange
Other Claims
Liabilities
Direct Invesment in reporting economy
Equity capital
Claims on direct investors
Reinvested earnings
Other capital
Equity securities
Debt securities
Long-term
Short-term
Other investment liabilities
Trade credits
Short-term
Long-term
Loans
General government
Long-term
Drawings
Repayments
short-term
Banks
Other sectors
Long-term
Short-term
Currency & Deposits
Monetary Authority
Banks
Other Liabilities -monetary authority SDR allocation
NET ERRORS AND OMISSIONS
Memorandum Items:
Capital and Financial Account Balance as % of G.D.P
Number of Months of Imports Equivalent
External Debt Stock (US$ million)
Effective Central Exchange Rate (N/$)
End-Period Exchange Rate (N/$)
2005
1,989,132.15
2,006,379.71
(17,247.56)
7,796.56
15,769.20
(7,972.64)
81,716.00
89,107.81
(7,391.81)
1,899,619.59
1,901,502.70
(1,883.11)
-
(2,496,880.15)
962,972.48
962,972.48
962,972.48
962,972.48
962,972.48
962,972.48
(3,459,852.63)
(1,843,867.07)
(1,921.21)
(1,921.21)
(1,921.21)
(180,090.32)
(162,803.33)
(17,286.99)
(17,286.99)
(173,763.44)
(180,616.47)
(14,583.88)
21,436.91
8,821.55
12,615.36
(1,488,092.10)
(1,488,092.10)
(1,615,985.56)
654,193.15
423,336.00
423,336.00
230,857.15
116,035.03
98,557.50
17,477.53
17,477.53
(2,386,213.74)
(2,391,004.95)
(1,999,928.79)
(1,999,928.79)
34,692.24
(2,034,621.03)
11,432.67
(402,508.83)
(402,508.83)
4,791.21
4,791.21
(2,394,864.30)
2005
32.84
(16.76)
9.99
28,279.06
13.06
20,476.20
131.41
132.15
130.29

Notes: 1Revised
2
Provisional
*Negative sign indicates accretion to reserves while positive sign indicates depletion of reserves
2006
2,289,701.94
2,312,484.18
(22,782.25)
125,492.99
131,623.68
(6,130.69)
2,164,208.95
2,180,860.50
(16,651.56)
2,149,129.59
2,153,647.28
(4,517.69)
15,079.36
27,213.23
(12,133.87)
(2,491,546.58)
1,357,983.63
1,357,983.63
1,357,983.63
1,357,983.63
1,357,983.63
1,357,983.63
(3,849,530.21)
(2,820,760.40)
(41,119.49)
(40,371.00)
(40,371.00)
(748.48)
(194,585.82)
(175,524.32)
(19,061.50)
(19,061.50)
(797,497.24)
(598,891.18)
(16,080.31)
(182,525.75)
15,275.72
(180,970.13)
(16,831.35)
(1,787,557.84)
(1,787,557.84)
(1,028,769.81)
624,520.73
388,626.86
388,626.86
235,893.87
360,291.55
227,605.71
132,685.84
129,002.07
3,683.77
(2,013,582.09)
(2,026,999.79)
(2,094,992.59)
(2,094,992.59)
63,882.61
(2,158,875.20)
12,653.37
55,339.43
55,339.43
13,417.70
13,417.70
(2,206,500.50)
2006
25.31
(13.42)
9.63
42,298.00
22.88
3,545.00
127.51
128.65
128.27
2007
2008
2,333,508.54
2,352,392.22
(18,883.67)
97,818.08
108,251.76
(10,433.68)
2,235,690.47
2,244,140.46
(8,449.99)
2,235,634.32
2,238,935.47
(3,301.15)
56.14
5,204.99
(5,148.85)
(1,666,525.44)
(1,666,525.44)
(3,132,760.90)
(109,161.26)
(108,291.68)
(108,291.68)
(869.58)
(231,942.44)
(214,673.16)
(17,269.28)
(17,269.28)
(1,664,444.37)
(901,140.23)
(14,568.23)
(748,735.91)
(158,924.28)
(363,675.40)
(226,136.23)
(1,127,212.84)
(1,127,212.84)
1,466,235.46
759,380.43
491,142.69
491,142.69
263,493.12
4,744.62
4,744.62
332,547.78
182,085.97
150,461.81
132,007.31
18,454.50
374,307.25
268,261.25
(64,001.88)
(64,001.88)
53,023.00
(117,024.88)
172,698.83
159,564.30
159,564.30
106,046.00
106,046.00
(1,811,849.38)
2,417,815.59
2,480,722.52
(62,906.93)
205,007.16
219,053.88
(14,046.72)
2,212,808.43
2,261,668.65
(48,860.22)
2,258,678.19
2,261,420.16
(2,741.97)
(45,869.76)
248.49
(46,118.25)
(992,280.30)
(992,280.30)
(2,157,312.27)
(124,645.02)
(123,718.53)
(123,718.53)
(926.49)
(560,498.52)
(478,984.34)
(81,514.19)
(81,514.19)
(1,275,800.90)
(336,314.40)
(34,383.30)
(905,103.20)
(245,517.20)
(409,596.60)
(249,989.40)
(196,367.83)
(196,367.83)
1,165,031.97
971,543.79
584,048.27
584,048.27
380,003.39
7,492.13
7,492.13
157,157.16
(113,047.22)
270,204.37
159,852.96
110,351.41
36,331.02
68,565.25
(3,062.34)
(3,062.34)
42,519.41
(45,581.75)
(26,432.07)
98,059.65
98,059.65
(32,234.23)
(32,234.23)
(2,458,305.37)
2007 1
16.84
(8.07)
5.46
51,333.15
21.59
3,654.00
124.76
125.83
117.97
2008 1
14.20
(4.08)
0.81
53,000.36
15.86
3,720.00
117.78
118.53
132.56
2009
2,882,981.21
2,952,020.30
(69,039.09)
219,407.26
236,899.99
(17,492.73)
2,663,573.95
2,715,120.31
(51,546.36)
2,710,252.52
2,714,480.64
(4,228.12)
(46,678.57)
639.67
(47,318.24)
1,862,597.81
1,862,597.81
248,206.12
(227,093.29)
(225,387.90)
(225,387.90)
(1,705.39)
(122,347.50)
(112,152.00)
(10,195.50)
(10,195.50)
(966,046.81)
(990,636.50)
(56,346.97)
80,936.66
(339,404.33)
427,960.74
(7,619.75)
1,563,693.71
(355,029.68)
1,918,723.39
1,614,391.69
1,273,815.79
802,623.95
802,623.95
468,141.88
3,049.96
3,049.96
70,938.49
72,555.51
(1,617.02)
(13,563.57)
11,946.54
269,637.41
(24,511.09)
29,442.22
29,442.22
78,469.87
(49,027.66)
(50,330.47)
(3,622.84)
(3,622.84)
(60,881.18)
(60,881.18)
355,029.68
(3,920,547.14)
2009 1
8.30
7.51
(6.31)
42,382.49
16.34
3,947.30
147.27
148.90
149.58
2010
3,111,916.92
3,183,757.61
(71,840.68)
215,077.84
240,349.05
(25,271.21)
2,896,839.09
2,943,408.56
(46,569.47)
2,938,239.48
2,942,551.34
(4,311.86)
(41,400.39)
857.22
(42,257.61)
305,561.31
305,561.31
(834,766.15)
(137,029.22)
(135,124.86)
(135,124.86)
(1,904.36)
(167,847.68)
(153,860.37)
(13,987.31)
(13,987.31)
(2,021,367.65)
(1,096,490.59)
(33,781.22)
(891,095.84)
(107,531.49)
(21,266.77)
(762,297.58)
1,491,478.39
1,491,478.39
1,140,327.46
905,730.77
475,117.39
475,117.39
421,613.62
8,999.76
8,999.76
556,585.07
323,635.60
232,949.47
101,712.87
131,236.60
(321,988.38)
(288,531.95)
107,240.42
107,240.42
144,809.39
(37,568.97)
(13,837.98)
(381,934.38)
(381,934.38)
(33,456.44)
(33,456.44)
(2,298,564.44)
2010 2
5.86
0.90
(4.39)
32,339.25
7.92
4,578.77
148.51
149.74
150.66
2011
3,355,219.50
3,427,824.86
(72,605.36)
264,024.17
282,007.59
(17,983.43)
3,091,195.34
3,145,817.27
(54,621.93)
3,139,422.99
3,144,383.44
(4,960.44)
(48,227.66)
1,433.83
(49,661.49)
(831,406.39)
(831,406.39)
(3,096,417.41)
(125,668.71)
(121,822.60)
(121,822.60)
(3,846.12)
(247,637.99)
(227,001.49)
(20,636.50)
(20,636.50)
(2,676,046.36)
(1,090,453.18)
(30,455.65)
(1,555,137.54)
(218,129.24)
(328,477.46)
(1,008,530.84)
(47,064.34)
(47,064.34)
2,265,011.02
1,360,307.91
877,109.59
877,109.59
444,375.28
38,823.04
38,823.04
792,360.22
395,550.99
396,809.23
281,593.01
115,216.22
112,342.88
(97,285.73)
153,627.43
153,627.43
189,044.70
(35,417.27)
104,832.74
(355,745.89)
(355,745.89)
209,628.61
209,628.61
(505,385.29)
2011 2
3.58
(2.23)
0.13
32,639.78
6.30
5,666.58
152.59
153.85
158.27
Table D.2.1: Balance of Payments (US$' Million) - Continued

Category
CURRENT ACCOUNT
Goods
Credit
Debit
Exports fob
Crude oil & gas
Crude oil
Gas
Non-oil
Imports fob
Crude oil & gas
Non-oil
Trading Partner Adjustment
Services(net)
Credit
Debit
Transportation(net)
Credit
Debit
Of which: Passenger
Credit
Debit
Of which: Freight
Credit
Debit
Of which: Other
Credit
Debit
Travel
Credit
Debit
Business travel
Credit
Debit
Personal travel
Credit
Debit
Education related expenditure
Credit
Debit
Health related expenditure
Credit
Debit
Other Personal Travels
Credit
Debit
Insurance services
Credit
Debit
Communication services
Credit
Debit
Construction services
Credit
Debit
Financial services
Credit
Debit
Computer & information services
Credit
Debit
Royalties and license fees
Credit
Debit
Other business services
Credit
Debit
Operational leasing services
Credit
Debit
Misc. business, professional, and technical services
Credit
Debit
Personal, cultural & recreational services
Credit
Debit
Government Services n.i.e
Credit
Debit
Income(net)
Credit
Debit
Compensation of employees
Credit
Debit
Investment income
Credit
Debit
Direct investment
Credit
Debit
Income on equity
Credit
Debit
Dividends and distributed branch profits
Credit
Debit
Reinvested earnings and undistributed branch profit
Credit
Debit
Income on Direct Investment Loans (interest)
Credit
Debit
Credit
Debit
Other investment
Income on debt (interest)
Credit
Debit
2005
37,225.05
29,168.22
55,144.47
(25,976.25)
55,144.47
54,338.17
51,317.56
3,020.61
806.30
(25,976.25)
(5,515.69)
(13,860.56)
(6,600.00)
(4,825.91)
1,790.74
(6,616.64)
(1,462.34)
1,336.13
(2,798.47)
(175.96)
84.59
(260.55)
(2,431.96)
72.18
(2,504.14)
1,145.58
1,179.36
(33.78)
(184.94)
54.43
(239.37)
(88.46)
(88.46)
(2.09)
(2.09)
(84.35)
(84.35)
(10.04)
54.43
(64.47)
(3.55)
0.57
(4.12)
(138.66)
20.20
(158.86)
(45.46)
(45.46)
(14.67)
10.94
(25.60)
(150.51)
(150.51)
(67.43)
(67.43)
(2,877.87)
9.03
(2,886.90)
(28.75)
(28.75)
(2,849.12)
9.03
(2,858.15)
(0.29)
(0.29)
119.82
359.45
(239.63)
(2,254.10)
889.59
(3,143.69)
101.34
154.97
(53.63)
(2,355.44)
734.62
(3,090.06)
(2,600.39)
0.45
(2,600.84)
(2,555.84)
(2,555.84)
(794.07)
5.00
(799.07)
(1,755.90)
0.87
(1,756.77)
(44.55)
0.45
(45.00)
(258.00)
47.00
(305.00)
502.95
502.95
687.17
(184.22)
2006
36,844.48
35,259.36
57,443.88
(22,184.52)
57,443.88
56,396.16
51,277.98
5,118.18
1,047.72
(22,184.52)
(5,071.92)
(14,397.28)
(2,715.32)
(11,729.13)
2,319.21
(14,048.34)
(1,484.64)
1,843.15
(3,327.79)
(234.21)
25.38
(259.59)
(2,666.93)
375.66
(3,042.59)
1,416.50
1,442.11
(25.61)
(3,122.53)
185.84
(3,308.37)
(243.43)
(243.43)
(2,879.10)
185.84
(3,064.94)
(1,073.09)
(1,073.09)
(1,003.28)
(1,003.28)
(802.73)
185.84
(988.57)
(276.46)
0.68
(277.14)
(163.13)
23.76
(186.89)
(53.48)
(53.48)
(18.85)
12.15
(31.00)
(177.07)
(177.07)
(85.03)
(85.03)
(4,766.71)
9.50
(4,776.21)
(977.44)
(977.44)
(3,789.27)
9.50
(3,798.77)
(0.35)
(0.35)
(1,580.88)
244.13
(1,825.01)
(4,642.76)
1,891.93
(6,534.69)
126.68
193.72
(67.04)
(4,769.44)
1,698.21
(6,467.65)
(5,805.09)
14.76
(5,819.85)
(5,752.98)
13.87
(5,766.85)
(3,908.85)
8.00
(3,916.85)
(1,844.13)
5.87
(1,850.00)
(52.11)
0.89
(53.00)
(431.00)
54.00
(485.00)
1,466.65
1,466.65
1,629.45
(162.80)
2007
27,880.53
38,072.15
66,605.95
(28,533.80)
66,605.95
65,008.82
58,164.51
6,844.31
1,597.13
(28,533.80)
(5,603.45)
(18,434.04)
(4,496.31)
(17,047.23)
1,455.26
(18,502.49)
(4,188.29)
836.68
(5,024.97)
(958.82)
125.07
(1,083.89)
(3,478.76)
378.58
(3,857.34)
249.29
333.03
(83.74)
(5,421.84)
215.14
(5,636.98)
(558.59)
(558.59)
(4,863.25)
215.14
(5,078.39)
(2,545.99)
(2,545.99)
(1,076.71)
(1,076.71)
(1,240.55)
215.14
(1,455.69)
(206.89)
4.58
(211.47)
(185.37)
27.00
(212.37)
(60.78)
(60.78)
4.66
13.50
(8.84)
(201.22)
(201.22)
(174.14)
(174.14)
(4,145.13)
10.00
(4,155.13)
(824.58)
(824.58)
(3,320.55)
10.00
(3,330.55)
(0.39)
(0.39)
(2,467.84)
348.36
(2,816.20)
(11,848.37)
2,585.73
(14,434.10)
191.83
219.83
(28.00)
(12,040.20)
2,365.90
(14,406.10)
(13,146.33)
21.97
(13,168.30)
(13,072.33)
20.97
(13,093.30)
(10,967.30)
14.00
(10,981.30)
(2,105.03)
6.97
(2,112.00)
(74.00)
1.00
(75.00)
(536.08)
53.36
(589.44)
1,642.21
1,642.21
2,290.57
(648.36)
2008
29,296.30
46,176.46
86,273.49
(40,097.03)
86,273.49
84,169.28
74,304.54
9,864.74
2,104.21
(40,097.03)
(10,714.04)
(29,382.99)
(22,253.37)
2,278.12
(24,531.49)
(5,695.93)
1,216.81
(6,912.74)
(845.67)
391.98
(1,237.65)
(5,163.60)
418.45
(5,582.05)
313.34
406.38
(93.04)
(9,268.24)
572.57
(9,840.81)
(933.92)
(933.92)
(8,334.32)
572.57
(8,906.89)
(4,759.92)
(4,759.92)
(1,804.74)
(1,804.74)
(1,769.66)
572.57
(2,342.23)
(1,020.00)
0.37
(1,020.37)
(205.97)
30.00
(235.97)
(67.53)
(67.53)
(17.00)
15.00
(32.00)
(223.58)
(223.58)
(191.55)
(191.55)
(4,184.58)
10.50
(4,195.08)
(1,008.81)
(1,008.81)
(3,175.77)
10.50
(3,186.27)
(0.44)
(0.44)
(1,378.56)
432.86
(1,811.42)
(15,154.63)
2,366.78
(17,521.41)
92.58
127.84
(35.26)
(15,247.20)
2,238.95
(17,486.15)
(17,035.65)
72.59
(17,108.25)
(16,955.38)
70.79
(17,026.18)
(13,736.93)
62.93
(13,799.86)
(3,218.45)
7.87
(3,226.32)
(80.27)
1.80
(82.07)
(207.15)
73.67
(280.82)
1,995.60
1,995.60
2,092.69
(97.09)
2009
13,973.99
25,621.96
56,741.94
(31,119.98)
56,741.94
54,778.52
49,714.31
5,064.22
1,963.42
(31,119.98)
(6,910.77)
(24,209.21)
(16,661.29)
2,242.42
(18,903.71)
(5,048.42)
1,110.41
(6,158.83)
(1,046.65)
190.86
(1,237.51)
(4,185.53)
573.19
(4,758.72)
183.75
346.36
(162.61)
(4,459.14)
608.44
(5,067.58)
(734.97)
(734.97)
(3,724.17)
608.44
(4,332.61)
(2,192.70)
(2,192.70)
(892.12)
(892.12)
(639.35)
608.44
(1,247.79)
(395.23)
0.77
(396.00)
(309.96)
37.00
(346.96)
(43.91)
(43.91)
(41.83)
8.17
(50.00)
(188.20)
(188.20)
(210.72)
(210.72)
(4,181.84)
14.38
(4,196.22)
(1,197.82)
(1,197.82)
(2,984.02)
14.38
(2,998.40)
(11.48)
(11.48)
(1,770.55)
463.26
(2,233.81)
(14,562.85)
945.63
(15,508.48)
120.79
139.63
(18.84)
(14,683.64)
806.00
(15,489.64)
(15,101.83)
106.20
(15,208.03)
(15,079.33)
104.20
(15,183.53)
(11,912.11)
92.62
(12,004.73)
(3,167.22)
11.58
(3,178.80)
(22.50)
2.00
(24.50)
(141.73)
18.85
(160.58)
559.92
559.92
680.95
(121.03)
2010
13,420.38
30,612.31
77,372.78
(46,760.47)
77,372.78
74,703.67
68,149.42
6,554.25
2,669.10
(46,760.47)
(11,218.26)
(35,542.20)
(18,472.20)
3,117.70
(21,589.90)
(6,601.58)
1,993.58
(8,595.16)
(2,646.46)
168.70
(2,815.16)
(4,166.73)
1,438.50
(5,605.23)
211.61
386.38
(174.77)
(5,057.60)
575.94
(5,633.54)
(764.41)
(764.41)
(4,293.19)
575.94
(4,869.13)
(2,415.48)
(2,415.48)
(1,008.99)
(1,008.99)
(868.72)
575.94
(1,444.66)
(506.53)
1.02
(507.55)
(239.95)
48.00
(287.95)
(130.51)
(130.51)
(20.14)
13.99
(34.13)
(125.23)
(125.23)
(226.09)
(226.09)
(4,496.03)
18.45
(4,514.48)
(1,123.39)
(1,123.39)
(3,372.64)
18.45
(3,391.09)
(53.08)
(53.08)
(1,015.45)
466.73
(1,482.18)
(19,674.59)
1,009.79
(20,684.38)
149.57
168.59
(19.01)
(19,824.17)
841.20
(20,665.37)
(20,054.84)
143.81
(20,198.65)
(20,015.61)
141.06
(20,156.67)
(17,189.39)
128.23
(17,317.63)
(2,826.22)
12.82
(2,839.04)
(39.23)
2.75
(41.98)
(323.87)
19.89
(343.76)
554.55
554.55
677.51
(122.96)
2011
8,760.77
31,105.59
93,266.98
(62,161.39)
93,266.98
90,086.90
83,060.97
7,025.93
3,180.08
(62,161.39)
(19,349.55)
(42,811.85)
(21,361.20)
3,414.81
(24,776.01)
(6,521.29)
1,600.67
(8,121.96)
(2,893.43)
66.00
(2,959.43)
(3,820.04)
1,057.95
(4,877.99)
192.18
476.72
(284.54)
(6,025.08)
628.40
(6,653.48)
(1,111.06)
(1,111.06)
(4,914.02)
628.40
(5,542.42)
(2,694.31)
(2,694.31)
(1,110.91)
(1,110.91)
(1,108.80)
628.40
(1,737.20)
(707.64)
1.66
(709.30)
(180.94)
50.40
(231.34)
(89.43)
(89.43)
(304.24)
16.11
(320.36)
(166.28)
(166.28)
(214.98)
(214.98)
(6,034.85)
36.03
(6,070.88)
(1,884.37)
(1,884.37)
(4,150.47)
36.03
(4,186.51)
(79.74)
(79.74)
(1,036.73)
1,081.54
(2,118.27)
(22,972.33)
905.02
(23,877.35)
138.33
181.96
(43.63)
(23,110.66)
723.06
(23,833.72)
(22,982.82)
279.81
(23,262.63)
(22,937.03)
277.26
(23,214.29)
(20,049.98)
252.06
(20,302.04)
(2,887.04)
25.21
(2,912.25)
(45.79)
2.55
(48.34)
(402.16)
18.47
(420.63)
274.32
274.32
424.78
(150.46)
Table D.2.1: Balance of Payments (US$' Million) - Continued

2005
2006
Current transfers(net)
Credit
Debit
General government
Credit
Debit
Other sectors
Credit
Debit
Workers' remittances
Credit
Debit
Other Transfers
Credit
Debit
CAPITAL AND FINANCIAL ACCOUNT
Capital account(net)
Credit
Debit
Capital transfers
Credit
General Government
Debt Forgiveness
Other Sector
Debit
Acquisition/disposal of nonproduced, nonfin assets
Credit
Debit
Financial account(net)
Assets
Direct investment (Abroad)
Equity capital
Reinvested earnings
Other capital
Equity securities
Debt securities
Long-term
Short-term
Other investment
Trade credits
Loans -DMBs
Currency and deposits
General government
Banks
Other sectors
Other Assets
Reserve assets*
Monetary Gold
SDRs
Reserve Positions in the Fund
Foreign exchange
Other Claims
Liabilities
Direct Invesment in reporting economy
Equity capital
Reinvested earnings
Other capital
Equity securities
Debt securities
Long-term
Short-term
Other investment liabilities
Trade credits
Short-term
Long-term
Loans
General government
Long-term
Drawings
Repayments
short-term
Banks
Other sectors
Long-term
Short-term
Currency & Deposits
Monetary Authority
Banks
Other Liabilities -monetary authority SDR allocation
NET ERRORS AND OMISSIONS
Category
15,136.84
15,268.09
(131.25)
59.33
120.00
(60.67)
621.84
678.09
(56.25)
14,455.67
14,470.00
(14.33)
(19,000.69)
7,328.00
7,328.00
7,328.00
7,328.00
7,328.00
7,328.00
(26,328.69)
(14,031.41)
(14.62)
(14.62)
(14.62)
(1,370.45)
(1,238.90)
(131.55)
(131.55)
(1,322.30)
(1,374.45)
(110.98)
163.13
67.13
96.00
(11,324.04)
(11,324.04)
(12,297.28)
4,978.26
3,221.49
3,221.49
1,756.77
883.00
750.00
133.00
133.00
(18,158.54)
(18,195.00)
(15,219.00)
(15,219.00)
264.00
(15,483.00)
87.00
(3,063.00)
(3,063.00)
36.46
36.46
(18,224.37)
17,957.01
18,135.68
(178.67)
984.18
1,032.26
(48.08)
16,972.83
17,103.42
(130.59)
16,854.57
16,890.00
(35.43)
118.26
213.42
(95.16)
(19,539.98)
10,650.00
10,650.00
10,650.00
10,650.00
10,650.00
10,650.00
(30,189.98)
(22,121.84)
(322.48)
(316.61)
(316.61)
(5.87)
(1,526.04)
(1,376.55)
(149.49)
(149.49)
(6,254.38)
(4,696.81)
(126.11)
(1,431.46)
119.80
(1,419.26)
(132.00)
(14,018.94)
(14,018.94)
(8,068.14)
4,897.81
3,047.81
3,047.81
1,850.00
2,825.59
1,785.00
1,040.59
1,011.70
28.89
(15,791.54)
(15,896.77)
(16,430.00)
(16,430.00)
501.00
(16,931.00)
99.23
434.00
434.00
105.23
105.23
(17,304.50)
Memorandum Items:
Capital and Financial Account Balance as % of G.D.P
Number of Months of Imports Equivalent
External Debt Stock (US$ million)
Effective Central Exchange Rate (N/$)
End-Period Exchange Rate (N/$)
2005
2006
32.84
(16.76)
9.99
28,279.06
13.06
20,476.20
131.41
132.15
130.29

Notes: 1Revised
2
Provisional
*Negative sign indicates accretion to reserves while positive sign indicates depletion of reserves
25.31
(13.42)
9.63
42,298.00
22.88
3,545.00
127.51
128.65
128.27
2007
2008
18,703.98
18,855.34
(151.36)
784.05
867.68
(83.63)
17,919.93
17,987.66
(67.73)
17,919.48
17,945.94
(26.46)
0.45
41.72
(41.27)
(13,357.85)
(13,357.85)
(25,110.30)
(874.97)
(868.00)
(868.00)
(6.97)
(1,859.11)
(1,720.69)
(138.42)
(138.42)
(13,341.17)
(7,222.99)
(116.77)
(6,001.41)
(1,273.84)
(2,915.00)
(1,812.57)
(9,035.05)
(9,035.05)
11,752.45
6,086.73
3,936.70
3,936.70
2,112.00
38.03
38.03
2,665.50
1,459.49
1,206.01
1,058.09
147.92
3,000.22
2,150.22
(513.00)
(513.00)
425.00
(938.00)
1,384.25
1,278.97
1,278.97
850.00
850.00
(14,522.68)
20,527.83
21,061.93
(534.09)
1,740.56
1,859.82
(119.26)
18,787.27
19,202.11
(414.83)
19,176.72
19,200.00
(23.28)
(389.45)
2.11
(391.55)
(8,424.70)
(8,424.70)
(18,316.10)
(1,058.27)
(1,050.40)
(1,050.40)
(7.87)
(4,758.77)
(4,066.69)
(692.08)
(692.08)
(10,831.86)
(2,855.39)
(291.92)
(7,684.54)
(2,084.50)
(3,477.57)
(2,122.47)
(1,667.21)
(1,667.21)
9,891.40
8,248.64
4,958.71
4,958.71
3,226.32
63.61
63.61
1,334.30
(959.80)
2,294.10
1,357.19
936.91
308.46
582.14
(26.00)
(26.00)
361.00
(387.00)
(224.41)
832.55
832.55
(273.68)
(273.68)
(20,871.60)
2007 1
16.84
(8.07)
5.46
51,333.15
21.59
3,654.00
124.76
125.83
117.97
2008 1
14.20
(4.08)
0.81
53,000.36
15.86
3,720.00
117.78
118.53
132.56
2009
19,576.16
20,044.95
(468.79)
1,489.83
1,608.61
(118.78)
18,086.33
18,436.34
(350.01)
18,403.29
18,432.00
(28.71)
(316.96)
4.34
(321.30)
12,647.50
12,647.50
1,685.38
(1,542.02)
(1,530.44)
(1,530.44)
(11.58)
(830.77)
(761.54)
(69.23)
(69.23)
(6,559.70)
(6,726.67)
(382.61)
549.58
(2,304.64)
2,905.96
(51.74)
10,617.87
(2,410.74)
13,028.61
10,962.12
8,649.53
5,450.02
5,450.02
3,178.80
20.71
20.71
481.69
492.67
(10.98)
(92.10)
81.12
1,830.91
(166.44)
199.92
199.92
532.83
(332.91)
(341.76)
(24.60)
(24.60)
(413.40)
(413.40)
2,410.74
(26,621.49)
2009 1
8.30
7.51
(6.31)
42,382.49
16.34
3,947.30
147.27
148.90
149.58
2010
20,954.87
21,438.62
(483.76)
1,448.28
1,618.45
(170.17)
19,506.59
19,820.17
(313.59)
19,785.37
19,814.40
(29.04)
(278.78)
5.77
(284.55)
2,057.57
2,057.57
(5,621.11)
(922.72)
(909.90)
(909.90)
(12.82)
(1,130.24)
(1,036.06)
(94.19)
(94.19)
(13,611.38)
(7,383.49)
(227.47)
(6,000.42)
(724.09)
(143.21)
(5,133.12)
10,043.24
10,043.24
7,678.68
6,098.96
3,199.32
3,199.32
2,839.04
60.60
60.60
3,747.90
2,179.28
1,568.62
684.91
883.71
(2,168.19)
(1,942.90)
722.13
722.13
975.11
(252.98)
(93.18)
(2,571.85)
(2,571.85)
(225.29)
(225.29)
(15,477.95)
2010 2
5.86
0.90
(4.39)
32,339.25
7.92
4,578.77
148.51
149.74
150.66
2011
21,988.71
22,464.53
(475.83)
1,730.30
1,848.16
(117.86)
20,258.40
20,616.37
(357.97)
20,574.47
20,606.98
(32.51)
(316.06)
9.40
(325.46)
(5,448.69)
(5,448.69)
(20,292.63)
(823.58)
(798.37)
(798.37)
(25.21)
(1,622.92)
(1,487.67)
(135.24)
(135.24)
(17,537.69)
(7,146.37)
(199.59)
(10,191.72)
(1,429.53)
(2,152.70)
(6,609.49)
(308.44)
(308.44)
14,843.94
8,914.89
5,748.21
5,748.21
2,912.25
254.43
254.43
5,192.80
2,592.28
2,600.52
1,845.44
755.08
736.25
(637.57)
1,006.81
1,006.81
1,238.92
(232.11)
687.03
(2,331.41)
(2,331.41)
1,373.82
1,373.82
(3,312.08)
2011 2
3.58
(2.23)
0.13
32,639.78
6.30
5,666.58
152.59
153.85
158.27
Table D.2.2.1: International Investment Position (N' Million)

Type of Asset/Liability
Net international investment position of Nigeria
ASSETS
Direct investment abroad
Equity Capital and Reinvested Earnings
Other Capital
Portfolio investment abroad
Equity Securities
2006 1
2005
(2,859,237.86)
2007 1
2008 1
2009 1
2010 1
2011 2
709,216.02
1,322,317.15
1,702,271.29
252,306.47
5,396,331.32
7,759,720.23
9,142,501.26
11,726,739.75
12,914,615.43
12,605,496.36
16,094,620.03
39,347.58
80,102.05
177,712.37
339,975.31
616,013.82
759,503.35
895,161.59
39,347.58
80,102.05
177,712.37
339,975.31
616,013.82
759,503.35
895,161.59
(1,564,742.47)
557,873.68
732,395.98
1,453,797.98
1,764,724.50
1,919,368.32
2,227,498.94
331,798.79
503,224.70
665,805.87
1,287,230.18
1,566,414.85
1,733,817.50
2,053,693.71
General Government
Other Sector
Debt Securities
Bonds and Notes
367,831.34
Monetary Authority
Banks
(748,615.73)
331,798.79
36,032.55
503,224.70
54,648.98
665,805.87
66,590.11
1,287,230.18
166,567.80
1,566,414.85
198,309.65
1,733,817.50
185,550.82
2,053,693.71
173,805.23
Monetary Authority
General Government
Banks
Other Sector
Money Market
36,032.55
54,648.98
66,590.11
166,567.80
198,309.65
185,550.82
Monetary Authority
General Government
Banks
Other Sector
36,032.55
54,648.98
66,590.11
166,567.80
198,309.65
185,550.82
173,805.23
173,805.23
Monetary Authority
General Government
Banks
Other Sector
Financial Derivatives
Other Assets
Trade Credit
1,331,030.03
1,696,165.93
2,176,621.20
2,907,238.74
3,833,705.77
5,054,393.29
7,806,061.98
423,036.00
602,459.82
852,096.13
378,510.50
1,006,175.10
1,053,681.39
853,217.74
Monetary Authority
General Government
Banks
Other Sector
Loans
423,036.00
602,459.82
852,096.13
378,510.50
1,006,175.10
1,053,681.39
853,217.74
120,493.49
134,801.51
137,752.39
193,485.90
275,559.27
311,820.13
366,022.20
Monetary Authority
Long-term
Short-term
General Government
Long-term
Short-term
Banks
Long-term
Short-term
Other Sector
120,493.49
120,493.49
134,801.51
134,801.51
137,752.39
137,752.39
193,485.90
193,485.90
275,559.27
275,559.27
311,820.13
311,820.13
366,022.20
366,022.20
Long-term
Short-term
Currency and Deposits

Monetary Authority
787,500.54
-
958,904.61
-
1,186,772.68
-
2,335,242.34
-
2,551,971.40
-
General Government
112,742.54
95,627.85
238,223.90
544,007.68
958,583.43
Banks
463,238.70
638,105.18
681,816.26
1,227,126.91
Other Sector
211,519.30
225,171.57
266,732.53
564,107.75
3,658,122.36
5,425,578.57
6,055,771.71
7,025,727.72
Reserve Assets
Gold
Special Drawing Rights
Reserve Position in the Fund (IMF)
Foreign Exchange
LIABILITIES
53.42
53.87
94.38
156.42
3,688,891.77
-
6,586,822.04
-
1,272,043.47
1,643,170.22
950,009.99
978,444.55
1,547,687.25
643,377.98
1,438,403.75
3,395,964.57
6,700,171.34
4,872,231.41
5,165,897.52
360,598.49
-
388,677.19
-
407,057.08
-
3,658,068.94
5,425,524.70
6,055,677.33
7,025,571.30
6,339,572.85
4,483,554.22
4,758,840.44
8,255,569.18
7,050,504.21
7,820,184.11
10,024,468.46
12,662,308.96
14,170,238.83
16,843,235.76
Direct investment in Reporting Economy
3,432,490.05
4,007,515.24
4,403,765.83
6,041,843.54
8,111,380.86
9,088,816.43
10,544,633.05
3,260,865.55
3,838,551.58
4,243,883.45
5,853,755.48
7,896,045.49
8,862,795.97
10,260,590.29
171,624.50
168,963.66
159,882.38
188,088.06
215,335.37
226,020.46
284,042.76
896,082.50
1,244,628.18
1,459,134.36
1,816,468.35
2,149,297.07
2,729,474.63
3,572,224.12
462,529.50
684,320.45
801,545.99
773,446.51
946,446.51
1,281,610.49
1,768,434.70
Other Capital
Portfolio investment in Reporting Economy
Equity Securities
Monetary Authority
General Government
Banks
Other Sector
Debt Securities
Bonds and Notes
Monetary Authority
General Government
684,320.45
801,545.99
773,446.51
946,446.51
1,281,610.49
1,768,434.70
433,553.00
560,307.73
657,588.37
1,043,021.85
1,202,850.56
1,447,864.14
1,803,789.42
399,078.27
522,661.77
605,515.24
860,311.75
984,547.53
1,094,844.53
1,309,766.36
399,078.27
522,661.77
605,515.24
860,311.75
984,547.53
1,094,844.53
Banks
Other Sector
Money Market
34,474.73
37,645.96
52,073.14
182,710.10
218,303.04
353,019.61
Monetary Authority
General Government
Banks
Other Sector
462,529.50
34,474.73
-
37,645.96
-
52,073.14
-
182,710.10
-
218,303.04
-
353,019.61
-
1,309,766.36
494,023.06
494,023.06
-
Monetary Authority
General Government
Banks
Other Sector
Other Liabilities
Trade Credit
1,798,360.79
1,957,283.92
2,166,156.56
2,401,631.03
2,351,947.78
2,726,378.58
Monetary Authority
General Government
Banks
Other Sector
Loans
3,209,229.01
1,078,223.51
1,194,698.71
1,345,537.25
1,537,484.93
1,515,504.13
1,622,736.11
Monetary Authority
Long-term
Short-term
General Government
2,667,844.10
519,006.07
416,811.60
464,914.43
554,511.01
667,310.81
922,185.48
Long-term
2,667,844.10
519,006.07
416,811.60
464,914.43
554,511.01
667,310.81
922,185.48
Short-term
Banks
Long-term
Short-term
Other Sector
Long-term
Short-term
139,103.68
291,233.72
297,503.80
386,821.63
375,575.91
469,313.41
128,365.62
139,103.68
291,233.72
297,503.80
386,821.63
375,575.91
469,313.41
420,113.75
486,653.38
583,119.02
596,152.29
472,617.41
231,237.22
413,019.30
420,113.75
486,653.38
583,119.02
596,152.29
472,617.41
231,237.22
717,767.61
720,137.28
762,585.21
820,619.31
864,146.10
836,443.65
Notes: Revised
Provisional
413,019.30
General Government
128,365.62
Monetary Authority
Banks
Other Sector
3,926,996.62
717,767.61
-
720,137.28
-
762,585.21
-
820,619.31
-
864,146.10
-
836,443.65
-
1,103,642.48
1,103,642.48
-
Table D.2.2.2: International Investment Position (US$' Million)

Type of Asset/Liability
Net international investment position of Nigeria
ASSETS
Direct investment abroad
Other Capital
Portfolio investment abroad
Equity Securities
2005
2006
2007
2008
2009
2010
5,529.09
11,208.93
12,841.52
-723.97
-10,385.92
-4,729.99
41,417.85
60,495.21
77,498.53
88,463.64
83,928.45
83,668.50
101,690.91
302.00
624.48
1,506.42
2,564.69
4,118.29
5,041.17
5,655.91
302.00
624.48
1,506.42
2,564.69
4,118.29
5,041.17
5,655.91
2,823.17
4,349.21
6,208.32
10,967.09
11,797.86
3,923.17
5,643.86
9,710.55
General Government
2,546.62
3,923.17
5,643.86
9,710.55
10,472.09
12,739.73
2,546.62
Other Sector
-21,945.18
Monetary Authority
Banks
2011
10,472.09
11,508.15
11,508.15
14,074.04
12,975.89
12,975.89
276.56
426.05
564.47
1,256.55
1,325.78
1,231.59
1,098.16
Monetary Authority
General Government
Banks
Other Sector
276.56
426.05
564.47
1,256.55
1,325.78
1,231.59
1,098.16
Monetary Authority
General Government
276.56
426.05
564.47
1,256.55
1,325.78
1,231.59
1,098.16
Monetary Authority
General Government
Banks
Other Sector
Debt Securities
Bonds and Notes
Money Market
Banks
Other Sector
Other Assets
Trade Credit
10,215.90
13,223.40
18,450.63
21,931.49
25,629.80
33,548.34
49,321.17
3,246.88
4,696.81
7,222.99
2,855.39
6,726.67
6,993.77
5,390.90
Monetary Authority
General Government
Banks
Other Sector
Loans
Monetary Authority
3,246.88
4,696.81
7,222.99
2,855.39
6,726.67
6,993.77
5,390.90
924.81
1,050.92
1,167.69
1,459.61
1,842.22
2,069.69
2,312.64
Long-term
Short-term
General Government
Long-term
Short-term
Banks
924.81
1,050.92
1,167.69
1,459.61
1,842.22
2,069.69
2,312.64
Long-term
Short-term
Other Sector
924.81
1,050.92
1,167.69
1,459.61
1,842.22
2,069.69
2,312.64
Long-term
Short-term
6,044.21
7,475.67
Monetary Authority
General Government
865.32
745.52
2,019.36
4,103.86
6,408.50
8,443.14
Banks
3,555.44
4,974.70
5,779.57
9,257.14
6,351.18
6,494.39
9,778.78
Other Sector
1,623.45
1,755.45
2,261.02
4,255.49
4,301.23
9,547.35
21,456.78
28,076.77
42,298.11
51,333.15
53,000.36
42,382.49
32,339.25
32,639.78
0.41
0.42
0.80
1.18
2,423.22
2,579.83
2,571.92
28,076.36
42,297.69
51,332.35
52,999.18
39,959.27
29,759.42
30,067.86
Reserve Assets
10,059.95
17,616.49
17,060.91
24,484.88
41,617.63
10,382.07
Gold
Special Drawing Rights
Reserve Position in the Fund (IMF)
Foreign Exchange
LIABILITIES
Direct investment in Reporting Economy
Other Capital
Portfolio investment in Reporting Economy
Equity Securities
63,363.03
54,966.12
66,289.60
75,622.12
84,652.42
94,054.42
106,420.90
26,345.00
31,242.81
37,329.54
45,578.18
54,227.71
60,326.67
66,624.33
25,027.75
29,925.56
35,974.26
44,159.29
52,788.11
58,826.47
64,829.66
1,317.25
1,317.25
1,355.28
1,418.89
1,439.60
1,500.20
1,794.67
6,877.60
9,703.19
12,368.69
13,702.99
14,368.88
18,116.78
22,570.44
3,550.00
5,335.00
6,794.49
5,834.69
6,327.36
8,506.64
Monetary Authority
General Government
Banks
Other Sector
Debt Securities
Bonds and Notes
Monetary Authority
General Government
3,550.00
5,335.00
6,794.49
5,834.69
6,327.36
8,506.64
11,173.53
11,173.53
3,327.60
4,368.19
5,574.20
7,868.30
8,041.52
9,610.14
11,396.91
3,063.00
4,074.70
5,132.79
6,489.98
6,582.08
7,266.99
8,275.52
3,063.00
4,074.70
5,132.79
6,489.98
6,582.08
7,266.99
8,275.52
Banks
Other Sector
264.60
293.49
441.41
1,378.32
1,459.44
2,343.15
3,121.39
Monetary Authority
General Government
264.60
293.49
441.41
1,378.32
1,459.44
2,343.15
3,121.39
Monetary Authority
General Government
Banks
Other Sector
Money Market
Banks
Other Sector
Other Liabilities
Trade Credit
30,140.43
14,020.12
16,591.37
16,340.95
16,055.83
15,610.96
17,226.12
Monetary Authority
General Government
Banks
Other Sector
Loans
24,631.43
Monetary Authority
8,405.89
-
10,127.14
-
10,150.40
-
10,278.68
-
10,059.10
-
10,252.96
-
Long-term
Short-term
General Government
20,476.20
4,046.20
3,533.20
3,507.20
3,707.12
4,429.25
5,826.66
Long-term
20,476.20
4,046.20
3,533.20
3,507.20
3,707.12
4,429.25
5,826.66
Short-term
Banks
985.23
1,084.46
2,468.71
2,244.30
2,586.05
2,492.87
Long-term
985.23
1,084.46
2,468.71
2,244.30
2,586.05
2,492.87
Short-term
Other Sector
Long-term
Short-term
4,398.91
3,985.51
3,136.98
1,461.03
3,170.00
3,275.23
4,125.23
4,398.91
3,985.51
3,136.98
1,461.03
5,509.00
5,614.23
6,464.23
6,190.55
5,777.15
5,551.86
Provisional
4,125.23
Notes: 1Revised
2,965.27
3,275.23
General Government
2,965.27
3,170.00
Monetary Authority
Banks
Other Sector
5,509.00
-
5,614.23
-
6,464.23
-
6,190.55
-
5,777.15
-
5,551.86
-
6,973.16
6,973.16
-
Table D.2.3: External Reserves (US$' Million)

Year
January
February
March
April
May
June
July
August
September
October
November
December
1960
150.23
168.91
147.12
149.45
143.93
143.85
157.20
152.03
176.60
173.58
159.03
217.32
1961
146.59
164.82
143.55
145.83
140.44
140.36
153.39
148.35
172.32
169.37
155.17
212.05
1962
148.29
166.73
145.22
147.52
142.07
141.99
155.16
150.07
174.32
171.33
156.97
214.51
1963
124.51
139.99
121.93
123.87
119.29
119.22
130.29
126.01
146.37
143.86
131.80
180.12
1964
149.65
168.25
146.55
148.87
143.37
143.29
156.59
151.44
175.91
172.90
158.41
216.48
1965
159.52
179.36
156.22
158.70
152.83
152.74
166.92
161.44
187.52
184.31
168.87
230.77
1966
137.61
154.73
134.77
136.90
131.84
131.77
144.00
139.27
161.77
159.00
145.68
199.07
1967
69.45
78.09
68.01
69.09
66.54
66.50
72.67
70.28
81.64
80.24
73.52
100.46
1968
66.02
74.23
64.66
65.68
63.25
63.22
69.09
66.82
77.61
76.28
69.89
95.51
1969
85.11
95.70
83.35
84.67
81.54
81.49
89.06
86.13
100.05
98.34
90.10
123.12
1970
108.24
121.70
106.00
107.68
103.70
103.64
113.26
109.54
127.24
125.06
114.58
156.58
1971
161.94
180.40
202.62
171.64
202.22
242.16
199.00
109.96
208.16
251.82
198.40
281.38
1972
216.70
166.60
233.80
234.00
228.60
209.08
202.54
202.76
241.10
223.72
201.00
243.58
1973
219.65
222.01
280.98
309.72
339.79
330.10
356.30
301.37
282.93
280.77
246.14
377.98
1974
447.00
587.20
802.30
1,029.50
1,386.50
1,484.80
1,884.70
2,133.10
2,472.20
2,823.60
2,969.20
3,452.30
1975
3,674.40
3,690.30
3,757.20
4,115.70
3,985.10
3,789.50
3,774.30
3,593.80
3,549.40
3,702.00
3,615.00
3,583.70
1976
3,569.10
3,441.30
3,475.30
3,881.00
3,823.40
3,773.40
3,751.20
3,734.70
3,703.70
3,704.40
3,344.60
3,286.30
1977
3,076.90
3,220.40
3,224.70
3,241.20
3,159.90
3,124.30
2,965.20
3,064.60
3,051.10
2,993.70
3,009.70
2,814.50
1978
2,073.20
2,676.10
2,470.20
2,179.70
1,926.10
1,840.90
1,485.80
1,523.50
1,315.50
1,385.50
1,367.50
1,298.90
1979
1,200.90
1,233.40
1,351.10
1,231.20
1,522.20
1,748.70
1,910.00
2,388.60
2,628.40
2,858.70
2,946.60
3,059.80
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
3,072.40
5,177.90
1,679.90
1,193.60
224.40
567.10
1,308.90
2,287.02
7,925.66
4,310.46
3,386.77
3,412.70
5,163.60
1,726.60
647.00
210.80
779.40
1,320.30
2,558.10
8,240.60
4,769.78
3,960.74
3,667.10
5,572.10
977.40
562.20
333.10
804.30
1,030.80
9,449.51
8,555.53
4,540.12
3,770.03
3,970.10
5,283.30
773.80
593.50
478.40
1,191.90
893.10
2,651.80
6,438.41
9,236.52
3,696.20
4,288.00
6,123.10
756.70
580.60
443.00
1,148.60
859.70
4,241.67
5,458.61
5,157.92
3,170.34
4,496.40
5,515.10
858.30
641.90
582.50
1,031.60
986.20
5,831.55
4,478.81
1,079.31
2,644.47
4,937.60
5,268.20
857.30
699.80
532.90
804.70
828.80
3,976.60
5,458.61
1,053.73
2,839.61
5,206.60
5,105.20
804.50
582.70
315.90
758.00
948.10
4,889.00
5,132.01
2,430.32
2,884.81
5,524.00
4,224.80
871.50
557.20
479.90
784.00
2,120.05
7,237.74
5,024.17
2,309.66
2,762.12
5,395.00
3,467.80
1,072.80
513.90
705.60
1,017.70
3,292.00
7,255.09
5,204.93
3,033.53
2,828.85
5,374.10
2,852.10
902.20
374.60
463.10
1,236.50
2,497.50
4,671.60
5,120.37
2,984.25
3,807.81
5,462.00
2,441.60
1,043.30
224.40
710.10
1,657.90
2,836.60
7,504.59
5,229.10
3,047.62
4,541.45
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
4,003.75
4,109.65
8,365.69
7,596.17
1,295.18
1,002.95
4,480.52
7,464.73
6,549.60
5,789.20
9,705.00
9,668.78
7,134.42
8,324.00
19,592.64
31,317.94
43,510.78
54,215.79
50,108.65
42,075.67
33,131.83
4,682.28
5,517.36
1,016.36
8,388.87
1,217.14
1,437.33
5,352.18
8,402.39
6,274.90
6,494.80
10,016.25
9,768.47
7,655.06
9,352.40
20,554.09
34,319.11
42,550.61
56,908.42
48,113.06
41,410.10
33,246.07
4,428.32
4,109.65
9,505.26
9,181.57
8,028.99
1,849.15
6,180.59
8,319.60
5,507.10
6,682.80
10,787.50
9,546.10
8,226.16
9,684.49
21,807.98
36,201.54
42,633.86
59,756.51
47,081.96
40,667.03
33,221.80
4,222.38
1,885.98
1,351.74
8,466.90
5,481.87
1,848.10
5,664.65
8,318.31
5,115.10
6,692.60
10,176.30
9,403.40
8,216.82
9,975.91
22,210.20
33,063.87
43,530.55
60,815.85
45,914.47
40,322.01
32,835.33
4,085.36
2,789.49
1,206.16
9,207.54
7,478.68
1,825.34
5,372.50
7,836.21
4,988.90
6,786.80
10,353.70
9,226.30
8,269.57
10,083.87
23,290.50
34,094.35
43,168.67
59,180.14
44,836.40
38,815.79
32,100.81
3,902.19
2,834.30
1,351.39
9,948.17
1,429.44
2,072.76
6,141.33
7,947.26
4,772.30
7,272.40
10,166.70
8,674.70
7,673.09
11,441.36
24,367.12
36,479.00
42,626.20
59,157.15
43,462.74
37,468.44
31,890.91
3,833.02
2,727.33
1,161.48
9,803.26
1,165.48
1,811.06
6,038.96
7,305.16
4,708.20
7,634.90
10,389.90
8,143.03
7,643.95
12,228.31
25,161.60
38,074.22
43,263.88
60,342.13
43,351.39
37,155.19
32,521.71
3,681.72
2,764.40
8,647.24
9,658.35
1,156.85
2,218.05
6,645.60
7,298.06
4,971.00
7,958.60
10,204.00
8,089.20
7,448.96
12,482.40
26,951.24
39,247.82
45,010.40
60,201.74
41,754.31
36,769.65
32,914.97
3,869.67
2,095.33
7,651.78
1,497.92
1,161.17
2,310.06
6,773.48
8,192.32
5,032.10
8,118.10
10,563.90
7,424.00
7,170.46
13,222.90
28,638.24
40,457.86
47,930.22
62,081.86
43,343.33
34,589.01
31,740.23
4,023.91
1,762.82
8,830.28
4,689.69
1,159.01
2,808.98
6,750.37
7,933.69
5,343.50
8,788.50
10,581.68
7,741.90
7,305.84
14,657.00
23,921.01
41,477.69
49,209.74
58,534.15
43,054.77
33,597.02
32,594.69
3,738.14
1,241.03
8,307.18
7,881.47
1,160.09
3,307.90
6,869.71
7,651.50
5,021.90
9,484.40
10,117.80
7,737.10
7,489.55
16,345.40
27,075.63
42,441.55
49,963.62
57,480.50
43,024.68
33,059.30
32,125.22
4,149.30
1,554.61
1,429.59
9,009.11
1,611.11
3,403.91
7,222.22
7,107.50
5,424.60
9,386.10
10,267.10
7,681.10
7,467.78
16,955.02
28,279.06
42,298.11
51,333.15
53,000.36
42,382.49
32,339.25
32,639.78
Table D.3.1: Monthly Average Official Exchange Rate of the Naira (N/US$1.00)
Year
January
February
March
April
May
June
July
August
September
October
November
December
Average
1960
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1961
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1962
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1963
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1964
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1965
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1966
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1967
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1968
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1969
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1970
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
1971
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.7143
0.6579
0.6579
0.6579
0.6579
0.6955
1972
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
1973
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
0.6579
1974
0.6579
0.6579
0.6579
0.6579
0.6162
0.6162
0.6162
0.6162
0.6135
0.6162
0.6162
0.6162
0.6299
1975
0.6158
0.6146
0.6138
0.6124
0.6124
0.6077
0.6077
0.6113
0.6178
0.6253
0.6257
0.6257
0.6159
1976
0.6244
0.6236
0.6246
0.6250
0.6250
0.6262
0.6266
0.6265
0.6265
0.6280
0.6310
0.6310
0.6265
1977
0.6310
0.6310
0.6370
0.6500
0.6513
0.6513
0.6513
0.6513
0.6513
0.6513
0.6513
0.6513
0.6466
1978
0.6374
0.6475
0.6203
0.6119
0.6116
0.6190
0.6058
0.5892
0.5892
0.5699
0.5847
0.5849
0.6060
1979
0.6475
0.5482
0.6396
0.6212
0.6159
0.6055
0.5900
0.5802
0.5749
0.5753
0.5803
0.5703
0.5957
1980
0.5563
0.5482
0.5591
0.5611
0.5611
0.5443
0.5431
0.5443
0.5338
0.5314
0.5317
0.5419
0.5464
1981
0.5323
0.5469
0.5722
0.5994
0.5994
0.5905
0.5992
0.6680
0.6671
0.6609
0.6488
0.6356
0.6100
1982
0.6437
0.6559
0.6643
0.6696
0.6696
0.6756
0.6794
0.6810
0.6843
0.6898
0.6892
0.6720
0.6729
1983
0.6736
0.6917
0.6999
0.7048
0.7048
0.7272
0.7447
0.7486
0.7486
0.7486
0.7486
0.7486
0.7241
1984
0.7486
0.7486
0.7486
0.7486
0.7486
0.7543
0.7676
0.7676
0.7682
0.7748
0.7957
0.8081
0.7649
1985
0.8203
0.8477
0.8746
0.8825
0.8917
0.8951
0.8951
0.8969
0.9157
0.9225
0.9234
0.9595
0.8938
1986
0.9996
0.9996
1.0016
1.0135
1.0341
1.1249
1.2694
1.3294
4.6406
4.1203
3.5311
3.1828
2.0206
1987
3.6471
3.7014
3.9213
3.9054
4.1617
4.0506
3.8081
4.0809
4.2073
4.2761
4.2890
4.1664
4.0179
1988
4.1748
4.2611
4.3169
4.2023
4.1103
4.1913
4.6087
4.5830
4.7167
4.7748
5.1479
5.3530
4.5367
1989
7.0389
7.3823
7.5871
7.5808
7.5051
7.3471
7.1388
7.2593
7.3401
7.3934
7.5037
7.6221
7.3916
1990
7.8621
7.9009
7.9388
7.9400
7.9400
7.9424
7.9523
7.9623
7.9743
8.0089
8.3246
8.7071
8.0378
1991
9.2121
9.6108
9.4521
8.8691
9.3700
10.1722
11.0474
11.3280
10.2416
9.8805
9.8651
9.8650
9.9095
1992
9.5627
10.2261
17.6107
18.5070
18.4598
18.4563
18.4379
18.4814
19.3497
19.3890
19.4396
19.6609
17.2984
1993
20.1078
21.9992
24.8801
22.5368
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
22.0511
1994
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
1995
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
1996
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
1997
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
1998
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
21.8861
1999
86.0000
86.0000
86.9659
90.0000
94.8800
94.8800
94.8800
94.8800
94.8800
94.8980
96.4541
97.6022
92.6934
2000
98.7800
99.9143
100.9319
100.3783
101.1452
101.8286
105.3286
102.8848
102.3619
102.4773
102.5205
106.7111
102.1052
2001
110.5045
110.7050
110.6550
113.7000
113.5667
112.4750
111.8455
111.6957
111.6000
111.6000
111.9864
112.9861
111.9433
2002
113.9625
114.2759
116.0400
116.1286
116.5500
118.4900
123.7232
125.7547
126.4491
126.5553
126.8294
126.8833
120.9702
2003
127.0695
127.3150
127.1640
127.3700
127.6676
127.8317
127.7720
127.8950
128.5750
129.7886
136.6067
137.2233
129.3565
2004
136.0823
135.1625
134.4317
133.5091
133.0119
132.7500
132.7991
132.8295
132.8445
132.8552
132.8690
132.8600
133.5004
2005
132.8600
132.8500
132.8500
132.8500
132.8200
132.8700
132.8700
133.2271
130.8102
130.8392
130.6271
130.2900
132.1470
2006
130.2900
129.5931
128.7043
128.4652
128.4518
128.4543
128.3811
128.3273
128.2902
128.2830
128.2858
128.2919
128.6516
2007
128.2772
128.2687
128.1513
127.9814
127.5596
127.4090
127.1859
126.6753
125.8826
124.2760
120.1206
118.2097
125.8331
2008
117.9768
118.2100
117.9218
117.8737
117.8342
117.8086
117.7671
117.7420
117.7256
117.7243
117.7433
126.4756
118.5669
2009
145.7803
147.1444
147.7226
147.2272
147.8427
148.2018
148.5890
151.8580
152.3017
149.3550
150.8469
149.9513
148.9017
2010
149.7792
150.2224
149.8285
149.8927
150.3125
150.1915
150.0986
150.2667
151.0332
151.2500
150.2211
150.4799
150.2980
2011
151.5455
151.9391
152.5074
153.9673
154.8009
154.5029
151.8636
152.7154
155.2636
153.2569
155.7693
158.2074
153.8616

Notes: The Dutch Auction System (DAS) commenced on July 22, 2002
The Wholesale Dutch Auction System (WDAS) commenced on February 20, 2006
The Exchange Rate from August 2005, includes 1% Commission
Table D.3.2: Monthly Average (AFEM1/DAS2) Exchange Rates of the Naira - Central Rate (N/US$1.00)
Period
January
February
March
April
May
June
July
August
September
October
November
December
1995
79.8955
80.4586
81.5900
79.6000
79.6000
79.6000
79.6000
79.6000
81.5900
81.5900
84.5750
84.5750
81.0228
1996
84.5750
83.9204
82.0875
82.0875
82.0875
81.4905
80.5950
79.7896
79.6000
79.6000
79.6000
79.6000
81.2528
1997
79.6000
79.6000
82.7421
84.5750
84.5750
84.5750
83.3765
81.9691
81.3639
81.5900
79.4010
76.4255
81.6494
1998
76.5103
82.5353
83.5800
83.6356
84.5510
85.4564
84.1001
83.5800
85.0273
85.5700
85.5700
85.5700
83.8072
1999
85.5700
85.5700
86.6623
90.1929
94.3717
94.4056
94.4056
94.4056
94.4056
94.4752
96.2605
97.3891
92.3428
2000
98.4905
99.6274
100.6081
99.8783
100.5976
101.5142
104.8950
102.4350
101.8619
101.9773
102.0205
107.3823
100.1194
2001
109.9977
110.1925
110.1556
113.2263
113.5524
111.9750
111.3455
111.1978
111.1000
111.1000
111.5167
112.4864
111.5166
2002
113.4159
114.2526
115.5579
115.6286
116.0500
119.0450
124.1368
125.0086
125.9653
126.0553
126.3294
126.3883
120.4700
2003
126.5718
126.9844
130.3520
126.9830
127.1684
127.4010
127.3226
127.6052
128.1736
129.2755
136.1067
136.7314
129.2230
2004
135.5357
134.6553
133.9829
132.9900
132.5119
132.2500
132.2991
132.3291
132.3445
132.3815
132.3718
132.3578
133.0010
2005
132.3800
132.3532
132.3525
132.3525
132.3195
132.3694
132.3690
131.7520
129.0152
129.0444
128.3957
128.5010
131.1004
2006
129.7850
129.1033
128.2356
127.9622
127.9449
127.8559
127.8833
127.8251
127.7847
127.7769
127.7650
127.7820
128.1420
2007
127.1408
127.1335
127.1335
126.8398
126.4564
126.4564
126.6811
126.1749
125.3579
123.9018
119.8797
117.6365
125.0660
2008
116.8918
116.8754
116.8365
116.7917
116.7523
116.7274
116.6856
116.6591
116.6428
116.6419
116.6614
129.1602
117.7772
2009
142.3713
145.9059
146.4275
146.0009
147.0893
146.9658
147.3191
145.2897
151.3703
148.8159
150.5187
149.1876
147.2718
2010
147.8220
148.2374
147.8350
147.8980
148.3179
148.2232
148.1027
148.2495
149.0150
149.2180
148.2425
148.5590
148.3085
2011
149.5450
149.9347
150.4826
151.8961
152.7695
152.4732
149.8719
150.7033
153.2264
151.2145
153.6640
156.1379
151.8266

Notes: 1Autonomous Foreign Exchange Market (AFEM) commenced in 1995
2
The Dutch Auction System (DAS) was re-introduced on 22nd July, 2002
The Initial Buying and Selling Rates were N81.1800 / US $1.00 and N82.0000/ US $1.00, respectively
The Wholesale Dutch Auction System (WDAS) commenced on February 20, 2006
Average
Table D.3.3.1: Average Naira Cross Exchange Rates - Selling

Year
US
Pound
Dollar
Sterling
Deutsche Japanese
Mark
YEN
CFA
French
Swiss
Dutch
Franc
Franc
Franc
Guilder
1960
0.7143
2.0000
0.1701
0.0020
0.0029
0.1447
0.1633
0.1880
1961
0.7143
2.0000
0.1771
0.0020
0.0029
0.1447
0.1633
0.1957
1962
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1963
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1964
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1965
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1966
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1967
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1968
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1633
0.1973
1969
0.7143
2.0000
0.1811
0.0020
0.0027
0.1375
0.1633
0.1973
1970
0.7143
1.7114
0.1952
0.0020
0.0026
0.1286
0.1633
0.1973
1971
0.6955
1.7156
0.1983
0.0020
0.0025
0.1255
0.1682
0.1977
1972
0.6579
1.6289
0.2063
0.0022
0.0026
0.1304
0.1723
0.2050
1973
0.6579
1.6289
0.2462
0.0024
0.0030
0.1478
0.2079
0.2353
1974
0.6299
1.4795
0.2434
0.0022
0.0026
0.1310
0.2114
0.2343
1975
0.6159
1.3618
0.2503
0.0021
0.0029
0.1436
0.2386
0.2435
1976
0.6265
1.1317
0.2488
0.0021
0.0026
0.1304
0.2506
0.2370
1977
0.6466
1.1671
0.2784
0.0024
0.0026
0.1318
0.2690
0.2635
1978
0.6060
1.2238
0.3017
0.0029
0.0027
0.1343
0.3389
0.2801
1979
0.5957
1.2628
0.3250
0.0027
0.0028
0.1400
0.3325
0.2970
1980
0.5464
1.2647
0.3006
0.0024
0.0026
0.1293
0.3261
0.2748
1981
0.6100
1.2495
0.2699
0.0028
0.0022
0.1122
0.3106
0.2445
1982
0.6729
1.1734
0.2773
0.0027
0.0020
0.1024
0.3314
0.2520
1983
0.7241
1.1216
0.2836
0.0030
0.0019
0.0950
0.3450
0.2537
1984
0.7649
1.0765
0.2688
0.0032
0.0018
0.0875
0.3255
0.2384
1985
0.8938
1.1999
0.3036
0.0037
0.0020
0.0995
0.3638
0.2691
1986
2.0206
2.5554
1.8010
0.0226
0.0120
0.5497
2.1723
1.5931
1987
4.0179
6.5929
2.2374
0.0279
0.0221
0.6693
2.6985
1.9854
1988
4.5367
8.0895
2.5801
0.0354
0.0141
0.6395
3.0978
2.2955
1989
7.3916
12.0695
3.9349
0.0537
0.0226
1.1504
4.5186
3.4518
1990
8.0378
16.2419
5.5624
0.0639
0.0315
1.6516
6.5159
4.9337
1991
9.9095
17.4955
5.9484
0.0716
0.0344
1.7542
6.9119
5.2754
1992
17.2984
27.8684
11.1327
0.1367
0.0656
3.2887
12.3858
9.8885
1993
22.0511
33.2522
13.3871
0.1988
0.0776
3.9064
14.9480
11.9034
1994
21.8861
33.4252
13.5230
0.2088
0.0437
3.9367
15.9333
12.0307
1995
21.8861
34.5240
15.0895
0.2429
0.0438
4.3445
18.2195
13.3844
1996
21.8861
34.1229
14.5962
0.2049
0.0463
4.2906
17.8798
13.0228
1997
21.8861
35.7698
12.6511
0.1815
0.0376
3.7577
15.0985
11.2420
1998
21.8860
36.2166
12.4587
0.1679
0.0372
3.7170
15.1267
11.0822
Table D.3.3.2: Average (AFEM /DAS ) Naira Cross Exchange Rates - Selling
US
Pound
Deutsche
Japanese
CFA
French
Swiss
Dutch
Year
Dollar
Sterling
Mark
YEN
Franc
Franc
Franc
Guilder
1995
81.0228
128.1561
57.0692
0.864
0.1646
16.4614
69.6084
50.9396
1996
81.2528
126.4165
53.8450
0.7462
0.1585
15.8460
65.6449
48.0489
1997
81.6494
133.7389
47.1927
0.6779
0.1402
14.0176
56.3134
42.0300
1998
83.8072
142.6141
51.2761
0.7106
0.1530
15.2940
62.6576
45.4813
50.9023
15.1775
62.3621
45.1776
1999
92.3428
156.4345
0.9181
0.1510
2000
100.8016
149.5363
0.9419
0.1369
59.3603
2001
111.7010
160.8263
0.9036
0.1523
67.8251
2002
126.2577
198.4343
1.0316
0.1924
86.1624
2003
134.0378
228.5466
1.2361
0.1719
102.5941
2004
132.3704
246.7350
1.2510
0.2526
111.8154
2005
130.6016
222.7629
1.0853
0.2329
99.2812
2006
128.2796
244.9759
1.0817
0.2484
103.6811
2007
125.8810
249.5403
1.0575
0.2567
103.8303
2008
118.8606
218.2469
1.1433
0.2672
113.6073
Q1
145.8639
208.0914
1.5491
0.2871
125.9273
Q2
148.0762
226.5311
1.5039
0.3025
131.4980
Q3
150.9740
245.1522
1.5976
0.3350
140.6376
Q4
150.0124
242.8155
1.6538
0.3340
145.4776
Q1
148.4670
231.9610
1.6354
0.3134
1.6354
140.3330
Q2
148.6464
221.4429
1.6136
0.2879
1.6136
134.0549
Q3
148.9641
230.9900
1.7139
0.2917
1.7374
144.4012
Q4
149.1732
235.9689
1.8088
0.3085
1.8087
153.1857
Q1
150.4874
241.2271
1.8280
0.3118
159.6858
Q2
152.8796
249.1371
1.8709
0.3343
175.4440
Q3
Q4
151.7712
154.1805
244.3046
242.3712
1.9514
1.9940
0.3259
0.3162
184.5881
168.9636
2009
2010
2011
Notes: 1Autonomous Foreign Exchange Market (AFEM) commenced in 1995

2
The Dutch Auction System (DAS) was re-introduced on 22nd July, 2002
3
The Euro became the official currency for EU member countries, including Germany, France and Netherland
effective from 1st January 1999
Table D.3.4.1: Naira Official Cross Exchange Rates - End Period

US
Pound
Deutsche
Japanese
CFA
French
Swiss
Dutch
Year
Dollar
Sterling
Mark
Yen
Franc
Franc
Franc
Guilder
1960
0.7143
2.0000
0.1787
0.0020
0.0029
0.1447
0.1659
0.1895
1961
0.7143
2.0000
0.1787
0.0020
0.0029
0.1447
0.1655
0.1984
1962
0.7143
2.0000
0.1787
0.0020
0.0029
0.1447
0.1654
0.1984
1963
0.7143
2.0000
0.1797
0.0020
0.0029
0.1447
0.1655
0.1984
1964
0.7143
2.0000
0.1796
0.0020
0.0029
0.1447
0.1655
0.1989
1965
0.7143
2.0000
0.1783
0.0020
0.0029
0.1447
0.1654
0.1978
1966
0.7143
2.0000
0.1796
0.0020
0.0029
0.1447
0.1651
0.1976
1967
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1652
0.1986
1968
0.7143
2.0000
0.1786
0.0020
0.0029
0.1447
0.1660
0.1981
1969
0.7143
2.0000
0.1936
0.0020
0.0026
0.1286
0.1654
0.1971
1970
0.7143
2.0000
0.1958
0.0020
0.0026
0.1286
0.1655
0.1986
1971
0.6579
1.7156
0.2013
0.0021
0.0025
0.1286
0.1680
0.2019
1972
0.6579
1.6289
0.2055
0.0022
0.0026
0.1286
0.1743
0.2039
1973
0.6579
1.6289
0.2434
0.0023
0.0028
0.1397
0.2028
0.2329
1974
0.6162
0.6881
0.2557
0.0020
0.0028
0.1386
0.2426
0.2458
1975
0.6267
0.7789
0.2390
0.0021
0.0028
0.1397
0.2392
0.2331
1976
0.6308
0.8745
0.2670
0.0022
0.0025
0.1269
0.2575
0.2567
1977
0.6514
0.8435
0.3095
0.0027
0.0028
0.1384
0.3257
0.2857
1978
0.6475
0.7871
0.3542
0.0033
0.0031
0.1549
0.3997
0.3288
1979
0.5605
0.8109
0.3237
0.0023
0.0028
0.1394
0.3547
0.2941
1980
0.5445
0.787
0.2779
0.0027
0.0024
0.1206
0.3088
0.2557
1981
0.6369
0.8272
0.2825
0.0029
0.0022
0.1108
0.3541
0.2580
1982
0.6702
0.912
0.2820
0.0029
0.0020
0.0997
0.3360
0.2554
1983
0.7486
0.9257
0.2748
0.0032
0.0018
0.0897
0.3435
0.2443
1984
0.8083
0.9107
0.2568
0.0032
0.0017
0.0843
0.3127
0.2277
1985
0.9996
0.6962
0.4061
0.0050
0.0026
0.1322
0.4814
0.3606
1986
3.3166
4.7411
1.6464
0.0203
0.0088
0.4983
1.9504
1.4546
1987
4.1916
7.6055
2.5438
0.0326
0.0149
0.7512
3.1243
2.2593
1988
5.3530
9.8496
3.0389
0.0433
0.0181
0.8908
3.6145
2.6961
1989
7.6500
12.4542
4.5631
0.0539
0.0249
1.3357
5.0246
4.0412
1990
9.0001
17.0642
5.9250
0.0663
0.0321
1.7245
6.9338
5.2509
1991
9.7545
16.8940
5.8042
0.0726
0.0349
1.7073
6.6880
5.1536
1992
19.6609
30.8185
12.3654
0.1574
0.0729
3.6326
13.6487
10.9930
1993
22.6309
33.8596
13.5902
0.2052
0.0792
3.9816
15.3507
12.1133
1994
21.8861
34.7039
14.2109
0.2217
0.0413
4.1346
16.9257
12.6807
1995
21.8861
34.3983
15.1326
0.2421
0.0440
4.3640
18.3445
13.3532
1996
21.8861
34.3340
14.5328
0.2000
0.0429
4.2790
17.7035
13.4637
1997
21.8861
35.8317
12.6110
0.1805
0.0375
3.7475
15.0794
11.1975
1998
21.8860
36.3655
12.4932
0.1684
0.0373
3.7269
15.1714
11.0705
Table D.3.4.2: Naira Cross Exchange Rates - End Period

Year
US
Pound
Deutsche
Japanese
CFA
French
Swiss
Dutch
Dollar
Yen
Franc
Guilder
Sterling
Mark
Franc
Franc
1995
84.5750
130.1440
58.8307
0.8308
0.1710
17.0935
73.1998
52.5115
1996
79.6000
131.9821
51.2857
0.7032
0.1517
15.1709
60.1459
45.7042
1997
74.6250
124.3402
42.0517
0.5755
0.1257
12.5676
52.0325
37.3088
Euro
1998
84.3679
140.2057
48.1760
0.6493
0.1437
14.3716
58.5010
42.7381
1999 1
92.5284
146.5071
49.7391
0.7597
0.1484
14.8303
60.7599
44.1439
2000
109.5500
163.0323
0.9546
0.1550
66.9621
101.8815
2001
112.4864
161.7534
0.8846
0.3350
68.0386
100.3039
2002
126.4000
203.7442
1.0652
0.1837
91.2043
132.5810
2003
135.4067
234.4640
1.2489
0.1711
105.3975
163.5413
2004
132.6700
249.9925
1.2763
0.2600
114.4798
175.0674
2005
130.4000
221.2385
1.0970
0.2234
97.5332
152.0798
2006
128.2700
249.3899
1.0672
0.2592
104.1410
167.4241
2007
117.9680
234.0205
1.0412
0.2574
103.7577
171.8946
2008
130.7500
190.4766
1.4115
0.2979
122.9316
182.8147
Q1
145.2000
207.9119
1.4732
0.2821
127.6372
193.5081
Q2
146.2500
242.9213
1.5262
0.3034
135.4167
206.8122
Q3
146.8200
236.6151
1.6386
0.3205
142.4745
215.0179
Q4
147.6000
239.1268
1.5971
0.3148
144.6492
212.6916
Q1
147.8000
224.1092
1.5816
0.2942
139.5261
199.3379
Q2
148.0000
222.3997
1.6671
0.2653
136.8723
181.6701
Q3
149.3500
237.3172
1.7906
0.2999
153.2581
203.5342
Q4
148.6700
230.7953
1.8271
0.2891
158.8864
199.0691
Q1
151.0200
242.9912
1.8240
0.3144
165.0853
214.8864
Q2
151.2900
242.3818
1.8803
0.3271
181.1423
218.7805
Q3
154.1000
240.1649
2.0021
0.3098
170.9563
208.0196
Q4
156.2000
241.5634
2.0194
0.3007
166.1172
202.0760
97.2086
2009
2010
2011

Notes: 1The Euro became the official currency for Germany, France and Netherland effective from 1st January 1999
The Inter Bank Foreign Exchange Market (IFEM) started on the 25th October, 1999
Previous rates were Autonomous Foreign Exchange Market (AFEM) rates
All rates are central
Table D.3.4.3: Monthly Official Exchange Rate - End Period (N/US$1.00)

Year
January
February
March
April
May
June
September
October
November
December
1999
90.00
86.00
90.00
90.00
94.88
94.88
94.88
94.88
94.88
95.00
97.10
98.20
2000
98.15
100.45 100.57 100.37 101.20 102.20
104.00
102.55
102.25
102.50
102.60
110.05
2001
110.80
110.60 110.70 114.20 113.10 112.00
111.70
111.60
111.60
111.60
112.60
113.45
2002
114.20
115.70 116.10 116.30 116.80 120.00
131.01
126.00
126.00
126.75
126.91
126.90
2003
127.27
127.02 127.22 127.81 127.82 127.92
127.73
128.30
128.36
132.52
138.20
137.00
2004
135.30
135.00 133.70 133.30 132.75 132.75
132.82
132.83
132.87
132.87
132.88
132.85
2005
132.86
132.86 132.86 132.85 132.83 132.87
132.86
132.04
129.50
129.53
129.01
129.00
2006
130.29
129.28 128.52 128.45 128.46 128.44
128.36
128.29
128.27
128.31
128.27
128.27
2007
128.28
128.28 128.06 127.87 127.49 127.31
127.12
126.20
125.64
123.10
118.86
117.97
2008
117.98
117.95 117.90 117.87 117.83 117.80
117.76
117.73
117.73
117.74
117.79
132.56
2009
145.96
147.31 147.16 147.36 148.17 148.22
151.25
152.42
148.79
150.63
149.79
149.58
2010
150.32
150.10 149.78 150.10 150.27 149.99
150.09
150.78
151.35
149.99
150.24
150.66
2011
151.85
152.07 153.04 154.45 155.13 153.31
151.96
153.92
156.15
151.75
157.87
158.27
Source : Central Bank of Nigeria
July August
Table D 3.5.1: Nominal Effective Exchange Rate Indices for Nigeria1

Period
January
February
March
April
1981
113.70
115.60
110.80
107.90
112.30
117.10
118.00
107.80
104.60
104.10
104.90
107.90
110.39
1982
107.80
108.20
108.20
108.70
106.10
109.60
110.60
110.90
111.30
111.50
112.90
112.50
109.86
1983
111.60
110.20
109.80
110.00
110.40
109.10
107.70
109.40
109.50
108.20
110.20
112.00
109.84
1984
113.70
111.40
108.70
109.90
112.70
111.90
113.10
114.10
117.50
118.00
113.00
114.40
113.20
1985
114.50
113.80
110.50
104.00
103.30
101.70
98.20
95.80
94.90
89.90
88.40
83.80
99.90
1986
79.40
77.00
75.30
74.30
72.20
66.50
57.70
54.00
15.40
15.10
17.20
18.60
51.89
1987
16.50
16.10
15.40
15.20
14.30
14.80
15.60
14.60
14.10
13.80
13.10
13.10
14.72
1988
13.60
13.60
13.30
13.50
13.90
13.90
13.10
13.20
12.90
12.40
11.30
10.90
12.97
1989
9.30
8.80
8.60
8.70
9.00
9.20
9.20
9.10
8.90
8.80
8.60
8.30
8.88
1990
8.20
8.10
8.10
8.10
8.00
8.00
7.80
7.60
7.60
7.40
7.00
6.70
7.72
1991
6.40
6.00
6.50
7.20
6.80
6.50
6.00
5.70
6.20
6.40
6.30
6.10
6.34
1992
6.40
6.00
3.60
3.40
3.30
3.30
3.20
3.10
3.00
3.10
3.30
3.20
3.74
1993
3.20
3.00
2.60
2.80
2.90
2.90
3.00
3.00
3.00
3.00
3.10
3.10
2.97
1994
3.10
3.10
3.00
3.00
3.00
3.00
2.90
2.90
2.90
2.80
2.90
2.90
2.96
1995
0.70
0.70
0.70
0.70
0.70
0.70
0.70
0.80
0.80
0.80
0.80
0.80
0.74

Notes: 1Indices are trade-weighted and provided at 1985 base period.
May
June
July
August
September
October
November December
Average
Table D 3.5.1: Nominal Effective Exchange Rate Indices for Nigeria1 - Continued
Period
January
February
March
April
May
June
July
August
September
October
November December
Average
1996
31.01
31.25
30.71
30.51
30.35
30.05
30.19
29.75
29.57
29.63
29.57
29.44
30.17
1997
28.98
28.67
29.73
30.25
30.43
30.29
29.14
28.38
28.35
28.43
27.34
26.05
28.83
1998
25.77
28.10
28.11
28.84
28.34
27.69
28.06
28.22
28.74
29.50
29.19
29.29
28.32
1999
72.13
68.14
71.52
71.44
74.90
74.85
75.53
74.94
74.94
75.21
76.06
77.20
73.91
2000
76.41
77.93
77.76
76.33
76.81
78.14
78.64
76.74
75.79
74.73
75.15
82.09
77.21
2001
82.71
82.07
80.56
82.81
80.89
79.94
80.62
81.67
81.08
80.51
81.10
81.68
81.30
2002
81.50
82.67
83.34
84.34
85.59
89.02
95.84
93.05
91.79
92.58
93.00
94.69
88.95
2003
95.93
95.65
96.27
98.16
100.00
99.58
98.92
98.53
100.60
104.31
109.29
110.33
100.63
2004
108.64
108.57
107.67
106.04
105.31
105.13
104.93
105.27
106.12
107.29
109.28
110.54
107.07
2005
109.49
109.77
108.81
109.11
107.84
107.25
106.88
106.41
104.34
103.76
102.47
102.87
106.58
2006
105.20
103.99
103.74
105.16
104.55
104.74
104.51
105.16
104.68
105.29
106.55
106.72
105.02
2007
106.22
106.82
107.30
108.63
108.54
108.38
109.12
108.80
109.32
108.19
98.11
97.48
106.41
Table D 3.5.1: Nominal Effective Exchange Rate Indices for Nigeria2 - Continued
2008
80.81
81.41
82.16
81.81
81.50
81.94
81.80
79.71
77.57
73.97
73.21
84.52
80.03
2009
90.72
90.61
91.91
92.57
96.11
96.18
98.35
99.16
98.00
100.16
100.00
98.63
96.03
2010
97.88
96.88
96.95
97.21
94.40
95.76
96.09
95.65
98.88
98.51
96.42
97.87
96.88
2011
99.72
99.90
101.55
104.28
102.99
102.54
101.49
101.62
100.41
99.24
100.73
99.73
101.18
Source: National Bureau of Statistics

Note: 1Base period for indices is May 2003
2
Base period for indices is November 2009
Table D 3.5.1: Real Effective Exchange Rate Indices for Nigeria1

Period
January
February
March
April
May
June
July
August
September
October
November December
Average
1996
17.93
18.32
18.33
18.34
19.18
19.47
20.23
20.16
19.82
19.47
19.06
18.57
19.07
1997
18.41
18.35
19.73
20.10
20.52
20.70
20.43
19.38
18.78
18.73
17.88
17.61
19.22
1998
17.27
18.80
19.04
19.92
19.68
19.81
20.51
20.47
20.31
20.74
20.83
21.13
19.88
1999
53.06
50.34
53.07
53.09
56.10
56.42
56.07
53.57
53.00
52.59
53.16
54.59
53.76
2000
53.46
55.05
55.17
55.09
57.08
60.35
60.24
60.09
59.97
59.32
58.76
64.41
58.25
2001
65.95
66.55
65.62
71.41
71.46
69.28
70.58
72.76
74.05
74.25
72.41
72.67
70.58
2002
75.03
77.13
77.51
79.78
81.25
84.62
95.52
91.66
89.87
87.30
90.33
91.60
85.13
2003
94.59
92.41
91.43
97.29
100.00
104.61
108.01
105.98
113.20
118.24
125.53
128.87
106.68
2004
127.90
127.99
122.56
120.63
122.66
122.29
123.25
124.31
126.73
130.44
133.77
137.72
126.69
2005
137.33
139.34
139.59
141.54
142.57
144.09
153.69
156.26
149.40
144.14
139.39
138.05
143.78
2006
140.94
141.20
144.24
148.38
146.95
146.44
148.73
154.10
154.48
151.41
152.18
150.91
148.33
2007
149.42
150.76
152.25
155.07
155.00
156.81
158.70
162.31
162.81
157.21
154.40
154.29
155.75
Table D 3.5.1: Real Effective Exchange Rate Indices for Nigeria - Continued
2008
101.25
101.83
102.48
101.34
99.81
97.36
95.83
88.51
85.11
80.73
79.14
90.27
93.64
2009
96.72
96.53
97.52
98.54
100.79
99.81
100.18
99.35
98.54
100.34
100.00
96.92
98.77
2010
95.78
93.35
95.05
94.25
92.08
90.77
91.55
90.03
91.80
91.67
90.19
91.21
92.31
2011
93.31
93.73
91.20
94.65
93.07
91.60
90.22
88.82
86.46
85.08
86.26
84.56
89.91

Note: 1Base period for indices is May 2003
2
Base period for indices is November 2009
Table D.3.6: Foreign Exchange Budget and Disbursement (US$' Million)

Year
Budget
Disbursement
Change b/w
(1)
(2)
(1) & (2)
1970
934.6
-934.6
1971
1,434.1
1,318.2
115.9
1972
2,002.4
1,732.8
269.6
1973
1,984.4
2,415.7
-431.3
1974
4,323.1
3,129.1
1,194.0
1975
8,043.0
7,336.0
707.0
1976
7,347.5
8,732.7
-1,385.2
1977
8,745.7
9,392.3
-646.6
1978
10,430.6
13,817.4
-3,386.8
1979
10,203.1
11,580.4
-1,377.3
1980
11,656.2
17,325.3
-5,669.1
1981
20,667.5
25,316.0
-4,648.5
1982
14,261.8
18,879.2
-4,617.4
1983
9,951.8
15,094.5
-5,142.7
1984
10,468.0
11,656.9
-1,188.9
1985
8,964.8
11,724.8
-2,760.0
1986
6,844.3
6,481.9
362.4
1987
4,974.0
5,312.8
-338.8
1988
7,104.0
5,200.6
1,903.4
1989
6,479.0
5,837.0
642.0
1990
7,489.2
7,437.6
51.6
1991
10,369.2
8,208.1
2,161.1
1992
8,998.0
8,056.9
941.1
1993
2,232.5
5,621.4
-3,388.9
1994
8,130.8
5,177.3
2,953.5
1995
10,697.2
20,456.5
-9,759.3
1996
15,500.0
17,181.5
-1,681.5
1997
14,266.0
9,995.3
4,270.7
1998
16,036.0
10,781.1
5,254.9
1999
12,139.2
10,129.8
2,009.4
2000
3,034.8
11,810.9
-8,776.1
2001
14,737.2
2002
13,110.2
2003
16,314.4
2004
15,342.2
2005
24,307.5
2006
24,321.6
2007
24,356.7
2008
47,170.1
2009
36,513.1
2010
39,157.8

Note: Foreign Exchange Budget was discontinued from 2001
Table D.3.7.1: Sectoral Utilization of Foreign Exchange for Transactions Valid for Foreign Exchange (US$' Million)
Category
1997
1998
1999
2000
2004
2005
2006
2007
(A) Imports
4,369.7
4,337.5
5,142.9
6,072.0
7,924.7
8,118.4
9,740.6
10,195.2
12,768.9
14,519.4
18,674.2
1. Industrial Setor
(i) Raw Materials
(ii) Machinery, Spare Parts & CKD
2,913.2
1,486.3
1,426.9
2,304.3
1,436.6
867.7
2,786.3
1,685.2
1,101.1
3,079.0
2,038.4
1,040.6
4,388.2
2,739.6
1,648.6
4,149.1
2,405.6
1,743.5
4,836.8
2,848.6
1,988.2
4,841.2
3,038.1
1,803.1
6,928.1
4,560.1
2,368.0
7,814.9
4,897.4
2,917.5
9,455.0
6,054.4
3,400.5
2. Agricultural Sector
2001
2002
2003
46.6
93.3
82.4
194.2
185.0
178.3
106.8
121.3
116.2
169.8
209.4
1,310.9
663.6
647.3
72.8
38.0
57.3
15.8
4.6
12.7
5.6
26.7
7.2
10.3
396.4
1,801.4
744.3
1,057.1
96.2
51.8
118.0
122.3
7.6
13.3
14.5
32.1
9.9
14.3
577.2
2,082.5
813.2
1,269.4
140.7
78.6
156.5
97.0
6.7
1.3
33.4
56.6
17.3
6.3
675.0
2,442.3
777.0
1,665.3
207.2
172.4
136.7
160.6
23.6
8.4
77.5
31.7
28.0
35.1
784.2
2,818.1
1,246.8
1,571.4
198.6
98.2
299.7
140.4
32.2
27.4
59.1
90.0
25.8
16.3
583.5
3,334.7
1,425.9
1,908.8
114.9
95.8
254.8
108.8
19.5
21.4
32.1
109.2
26.5
19.1
1,106.7
3,920.2
1,375.5
2,544.7
126.3
59.4
343.9
101.9
7.2
12.5
14.3
175.0
33.2
34.3
1,636.8
4,270.5
1,420.7
2,849.8
147.4
48.2
370.1
104.8
2.6
10.8
9.6
181.1
26.3
38.0
1,910.7
4,218.4
1,395.5
2,822.9
157.5
49.7
394.7
231.6
5.4
10.8
8.4
128.0
36.5
19.4
1,780.8
5,704.0
1,674.0
4,030.0
176.5
56.8
455.8
134.4
25.7
17.3
40.1
1,090.7
26.4
37.8
1,968.4
7,721.0
1,751.2
5,969.7
162.0
73.3
481.0
205.1
12.8
11.0
63.9
1,678.3
32.9
38.2
3,211.3
4. Transport
98.9
138.0
189.0
356.1
533.3
456.3
876.3
948.0
1,504.0
828.8
1,288.8
(i) Aircraft/Shipping Vessels

(ii) Motor Vehicles (Cars)
(iii) Buses/Trucks/Lorries
(iv) Rolling Stocks
(iv) Motorcycles & Bicycles
4.9
60.0
22.6
3.8
7.7
2.3
79.4
34.2
2.9
19.3
12.7
85.6
71.7
1.8
17.1
92.6
150.2
69.3
13.4
30.7
26.9
193.4
102.6
37.6
172.9
6.4
188.5
65.9
12.3
183.2
21.0
368.0
74.5
7.1
405.7
8.6
408.1
95.5
11.6
424.2
37.7
525.7
187.8
19.2
733.5
58.3
404.2
145.2
10.3
210.8
125.4
792.3
183.6
35.2
152.3
0.0
0.4
2.6
0.5
0.0
0.0
0.5
14.3
2.2
1.9
0.1
413.4
41.7
4.0
19.9
127.1
0.0
0.0
3.8
8.7
30.6
8.2
0.7
0.0
1.0
3.5
28.9
12.9
43.2
6.2
72.8
516.0
9.5
4.6
37.2
167.3
0.0
0.0
2.3
6.5
21.4
9.1
0.1
0.0
0.8
5.6
5.1
5.2
66.3
0.6
174.2
703.9
14.3
9.6
75.8
274.4
0.0
0.0
3.7
12.3
29.8
14.3
0.2
0.0
2.2
1.5
11.5
0.7
57.7
6.0
189.8
1,764.2
25.6
20.4
110.1
753.7
0.0
0.0
13.8
49.0
62.2
10.4
2.1
0.1
6.3
6.0
60.4
41.7
83.6
86.4
432.4
3,426.8
44.9
20.5
233.3
771.6
1,167.7
18.8
2.8
83.0
150.8
19.4
10.6
0.2
19.3
23.5
91.2
80.4
105.7
180.9
402.1
2,112.7
47.0
38.3
218.1
563.0
279.7
7.8
6.0
79.2
158.2
17.8
16.9
2.0
18.8
7.2
45.1
107.2
151.0
90.3
259.1
2,364.9
60.6
11.5
280.7
655.4
96.3
6.6
6.7
73.1
275.4
30.0
19.8
0.2
35.5
29.4
68.5
148.9
232.6
32.0
301.6
1,953.2
67.9
17.6
316.9
171.5
8.2
7.9
10.3
109.3
250.9
36.4
28.3
0.5
30.8
14.3
39.9
136.5
197.7
179.6
328.5
2,096.2
84.3
14.3
260.6
72.9
2.1
6.2
4.1
106.2
224.2
25.5
42.0
0.4
12.1
70.3
28.8
33.8
232.1
404.5
471.9
4,159.5
105.6
35.4
259.6
51.1
7.6
4.8
7.1
66.7
295.6
28.0
57.0
1.5
16.5
47.4
77.4
25.6
1,161.2
651.6
1,259.6
8,394.0
123.4
26.5
471.5
9.8
1.2
9.9
5.1
63.8
345.6
78.5
95.7
8.6
48.5
90.2
50.7
1.4
1,940.7
2,250.3
2,772.6
4,783.0
4,853.5
5,846.8
7,836.2
11,351.5
10,231.0
12,105.4
12,148.5
14,865.1
18,678.9
27,068.2
3. Finished Goods
(i) Food
(ii) General Merchandise
(a) Drug & Pharmaceuticals
(b) Books & Educational Materials
(c) Cement
(d) Other Building Materials
(e) Detergents
(f) Alcohol
(g) Insecticides
(h) Lubricants
(i) Glass Products
(j) Furniture/Wood Products
(k) Others
5. Personal Effects
6. Minerals
7. Oil Sector
B. Invisibles
(i) Education
(ii) Personal Home Remittances
(iii) Airline Remittances
(iv) Travels (PTA)
(v) Travels (BTA)
(vi) Estacode
(vii) Re-Insurance
(viii) Contract Services Fees
(ix) Technical Services Fees
(x) Royalty
(xi) License
(xii) Trade Mark
(xiii) Consultancy Fees
(xiv) Management Services Fees
(xv) Aircraft Lease & Maintenance Fees
(xvi) Shipping Vessels Charter & Maintenance Fees
(xvii) Investment Income - Profit & Dividend
(xix) Repatration of Capital
(xx) Others
Total (A+ B)
Table D.3.7.2: Sectoral Utilization of Foreign Exchange for Transactions Valid for Foreign Exchange (US$' Thousand) - Continued
Category
A. Imports
2008
2009
Quarter1
Quarter 2
2010
Quarter 3
2011
Quarter 4
Quarter1
Quarter 2
Quarter 41
Quarter 3
30,148,793.16
23,761,042.95
4,923,847.40
5,926,305.51
6,764,133.29
6,210,694.92
5,878,476.59
7,911,290.47
10,319,486.64
7,803,499.81
10,552,505.90
7,378,085.61
1,205,963.27
1,423,811.07
1,686,954.07
1,857,330.91
1,539,437.29
1,848,008.25
2,001,381.64
2,198,065.45
2. Food Products
3,974,499.84
3,433,800.95
770,984.50
1,099,630.30
1,442,687.09
1,067,801.45
1,105,892.76
1,333,843.54
1,491,102.46
1,319,177.43
3. Manufactured Products
6,810,416.78
6,027,509.26
1,305,859.86
1,392,995.36
1,279,957.52
1,302,327.33
1,088,751.16
1,100,732.34
1,172,021.07
1,269,317.36
4. Transport Sector
1,672,055.44
1,564,059.48
335,902.63
355,077.14
439,607.61
341,294.64
323,362.15
456,588.81
472,711.18
515,916.19
5. Agricultural Sector
364,035.08
271,722.00
30,257.64
47,654.36
142,936.29
93,381.75
167,527.45
71,838.25
73,637.13
40,203.37
6. Minerals
302,144.45
154,742.21
58,448.61
55,378.93
40,394.91
40,660.59
105,668.04
117,837.61
1,070,164.06
110,524.71
1. Industrial Sector
7. Oil Sector
B. Invisibles
1. Business Services
2. Communication Services
3. Construction & Related
Engineering Services
6,473,135.67
4,931,123.44
1,216,430.88
1,551,758.34
1,731,595.79
1,507,898.25
1,547,837.74
2,982,441.67
4,038,469.10
2,350,295.28
18,176,659.25
8,835,372.10
1,895,687.21
2,265,110.00
2,655,176.12
2,729,909.53
1,688,028.90
2,585,773.49
8,438,363.54
2,592,135.54
1,556,891.87
1,487,427.94
326,394.63
391,293.70
357,276.96
297,562.48
260,688.16
305,061.44
435,612.36
250,108.58
839,316.39
345,487.16
71,014.66
43,785.79
71,774.04
101,381.18
29,051.73
54,595.89
33,425.74
87,912.04
27,609.46
37,413.17
42,385.30
14,089.87
29,881.48
22,842.15
66,952.53
23,193.31
14,082.17
22,990.30
4. Distribution Services
66,544.02
44,498.55
10,565.35
15,527.04
13,309.68
23,221.72
12,775.57
2,496.87
25,759.22
9,491.34
5. Educational Services
714,202.74
192,725.64
26,685.11
26,137.79
64,804.30
40,490.44
25,667.38
30,442.74
61,647.92
48,179.33
6. Environmental Services
7. Financial Services
8. Health Related & Social Services
9. Tourism & Travel Related Services
10. Recreational, Cultural &
Sporting Services
11. Transport Services
12. Other Services not
Included Elsewhere
Total (A + B)
Note: 1Provisional
0.00
133.25
81.41
0.00
26.27
0.00
0.00
0.00
1,331,422.73
0.00
14,287,016.00
5,882,952.80
1,257,903.08
1,527,090.50
1,858,744.67
1,981,766.48
1,167,436.31
1,935,538.31
1,827,260.98
1,848,904.98
7,008.39
4,327.48
301.54
272.95
182.46
183.27
296.16
203.78
943.45
355.25
29,663.84
10,489.07
1,369.92
30,882.02
15,565.75
4,703.42
11,009.70
8,839.63
4,864.04
53,172.78
435.30
369.70
30.00
16.30
7.15
109.69
0.00
0.00
81,938.02
124.67
534,181.41
711,994.67
175,628.03
187,485.21
231,914.90
192,124.34
134,394.80
205,904.62
260,451.02
224,233.34
103,986.13
112,580.54
11,623.60
12,737.22
18,727.80
21,413.96
23,515.76
28,608.05
4,352,047.78
42,043.77
48,325,452.40
32,596,415.05
6,819,534.61
8,191,415.51
9,419,309.41
8,940,604.45
7,566,505.49
10,497,063.96
18,757,850.18
10,395,635.35
Table D.3.8: Supply of Foreign Exchange (US$' Million)

Month
January
February
March
April
May
June
1995 1996 1997 1998 1999 2000
2001
2002
42.34 137.36 467.80 560.66 419.10 1,009.99 711.11
2007
2008
2009
2011
1,890.92
2,135.54
747.74 780.14
833.02
237.40 1,544.59
707.52 3,191.40
2,117.85
2,094.89
203.99 284.99 246.09 485.70 538.75
691.92 656.70
786.61 690.16
831.23
315.50 1,687.27
603.17 3,141.31
2,064.21
3,604.91
267.96 187.15 337.78 282.88 445.43 467.60
967.48 699.13
731.21 741.62
759.35
879.80
826.10 2,622.52
2,147.12
2,697.84
149.72 311.84 358.26 536.00 600.79
674.41 618.99
636.55 982.96
816.14 1,066.90 1,739.67 1,380.79 3,112.08
2,984.81
2,941.92
379.93 160.97 171.83 326.13 510.43 593.77
662.23 651.64
908.29 969.76 1,053.36
981.40 1,901.83 1,460.78 2,103.67
2,941.44
2,990.66
779.11 332.66
805.05 895.67 1,143.15
551.90 1,747.32 2,211.78 1,815.81
2,576.36
3,041.49
740.44 673.95 1,206.44 1,140.10 1,110.79 2,046.23 3,065.53
2,399.36
3,403.33
747.93 662.41
873.07 818.41
815.88 2,049.50 1,180.17 1,380.30 2,460.83
4,207.31
4,845.65
803.20 672.92
728.60 769.74
755.32 1,385.90
748.09 4,398.15 1,743.05
2,820.79
3,323.76
964.35 558.76 1,090.90 775.94
652.33 1,796.00 1,175.50 4,357.88 1,788.96
1,841.89
2,544.99
753.95 620.42
498.93 2,042.70 1,446.70
2,180.24
2,073.51
196.26 231.00 359.46 322.55 618.74 1,227.90 628.10
436.55 149.73 267.29 485.61 319.83 682.16
188.35 307.74 335.88 315.92 738.03
199.12 110.08 193.38 248.31 335.25 655.49
47.56 198.68 347.30 332.97 692.40
662.18 581.03

Notes: ... Indicates "not available"
The supply figures include foreign exchange sold to Bureaux-de-Change which started from April, 2006
840.26 1,163.39 1,279.89
2010
753.78 781.22
392.26 169.67 328.71 370.53 376.89 531.44
August
December
2006
156.70
241.22 168.74 304.86 292.64 718.15
November
2005
820.49
October
2004
665.33 777.25
July
September
2003
947.76
957.53 1,206.21
Table D.3.9: Monthly Average Exchange Rate Movements at BDC & IFEM Segments of the FOREX Market (N/US$1.00)
Bureau-de-Change
Month
2004
2005
2006
2007
2008
Inter-Bank Rate
2009
2010
2011
2004
2005
2006
2007
2008
2009
2010
2011
January
147.65
139.80
144.09
130.04
120.80
149.88
153.55
156.13
137.76
133.11
129.93
128.37
117.72
146.59
150.33
152.47
February
142.95
139.93
145.47
130.00
119.57
156.93
152.08
155.11
136.44
133.15
129.33
128.33
117.50
149.12*
150.97
152.86
March
139.92
139.73
148.46
129.34
119.00
174.32
151.85
157.09
134.80
133.09
128.68
128.25
116.79
150.08
155.21
April
138.85
141.77
147.85
129.00
118.93
180.27
152.00
157.05
137.23
133.06
128.58
127.99
117.47
150.38
154.60
May
139.64
141.21
142.33
129.16
118.80
180.63
153.26
158.05
134.81
133.37
128.57
127.62
117.79
151.49
156.17
June
140.00
141.85
136.82
128.32
118.70
166.14
153.87
158.32
133.54
134.35
128.50
127.50
117.74
148.54
151.28
155.65
July
139.84
143.94
130.12
127.52
119.00
155.13
152.41
163.71
134.39
135.35
128.43
127.20
117.71
149.88
150.27
152.41
August
140.33
145.82
130.46
127.39
119.00
158.95
152.23
163.10
133.23
135.94
128.43
126.59
117.69
155.23
150.70
153.79
September
141.08
145.80
130.21
126.50
119.00
158.00
153.85
158.23
133.77
132.55
128.39
125.73
117.62
153.25
152.62
156.70
October
140.54
144.99
130.30
126.50
119.00
153.05
153.98
161.25
133.76
131.09
128.42
123.43
117.72
150.22
151.78
159.82
November
140.69
143.94
129.82
123.80
119.10
152.95
153.13
160.35
133.15
130.80
128.42
119.45
117.88
151.03
150.55
158.83
December
138.71
141.93
129.32
121.39
137.65
153.48
154.57
163.30
133.14
130.08
128.39
118.22
134.33
149.80
152.63
162.17
Average
140.85
142.56
137.10
127.41
120.71
161.64
153.06
159.31
134.67
133.00
128.67
125.72
119.00
150.57
151.09
155.89
End-Period
138.50
141.50
129.50
121.00
139.00
155.00
156.00
165.00
132.67
130.40
128.50
118.05
140.00
149.58
152.00
159.70

Note: * Operations of the Inter-Bank Foreign Exchange Market (IFEM) was stopped from trading mid-February 2009 and reopened for trading in June 2009
Products of the chemical

and allied industries
Plastic, rubber and articles

thereof
Raw hides and skins,

leather, furskins etc,
saddlery
Wood and articles of wood,

wood charcoal and articles
Paper making material,

paper and paperboard,
articles
Textiles and textile articles
Footwear, headgear,
umbrellas, sunshades,
whips, etc.
Articles of stone, plaster,

cement, asbestos, mica,
ceramics
Pearls, precious and semiprecious stones, precious

metals
Base metals and articles of

base metals
Boilers, machinery and

chemical appliances, parts
thereof
Vehicles, aircraft and parts

thereof, vessels, etc.
Miscellaneous
manufactured articles
All SITC Product Export

Price Index
2003
Mineral products
2002
Prepared foodstuffs,
beverages, spirits and
vinegar, tobacco
2001
Vegetable products
2000
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Live animals, animal

products
Year
Month
Table D.4.1: Export Commodity Price Index (Base Period: January 2007)
66.55
103.59
101.62
102.81
98.54
98.92
82.91
102.55
99.80
65.75
95.91
110.33
100.14
76.67
103.12
100.05
91.84
65.29
109.68
96.06
102.12
110.45
83.50
100.37
103.04
100.27
77.02
100.51
100.41
92.17
65.75
110.54
95.98
102.09
100.44
83.35
110.51
103.23
66.35
103.52
105.29
103.07
98.88
97.15
108.28
96.14
92.65
210.87
104.65
163.68
165.61
200.28
201.05
119.14
159.82
160.76
200.89
194.93
142.71
112.26
114.95
104.18
161.17
147.75
403.14
131.60
195.23
103.17
142.87
119.98
112.52
160.58
161.51
115.47
161.90
161.74
148.27
200.95
132.63
195.07
103.14
112.60
119.76
142.94
160.87
409.64
104.58
164.08
166.03
200.96
98.15
140.06
149.83
149.25
114.16
113.67
86.41
87.43
121.56
122.03
97.18
95.16
84.87
111.46
111.86
144.71
122.89
136.47
113.15
85.08
80.54
112.01
112.81
118.50
112.05
144.87
97.86
123.17
95.62
85.26
137.09
85.46
85.38
80.83
112.79
113.70
118.40
112.02
123.26
97.69
144.94
95.79
113.81
113.59
97.70
87.65
121.98
106.60
142.02
89.22
78.79
77.19
78.82
80.43
82.33
81.15
100.98
80.88
63.19
84.95
82.81
86.95
96.72
99.05
82.21
88.35
99.30
85.96
84.59
101.49
90.80
98.21
110.69
88.93
95.98
90.79
72.83
78.43
79.96
79.67
85.03
82.32
86.28
92.35
87.37
83.40
84.84
78.37
77.95
89.21
84.82
88.40
90.08
92.33
83.36
89.96
94.48
78.75
105.30
161.25
112.84
114.27
246.59
247.39
121.61
122.35
110.82
104.05
121.55
118.40
108.81
113.51
160.52
111.10
106.73
103.32
120.23
121.73
158.96
118.70
122.47
109.06
122.93
111.34
114.02
111.61
111.49
107.10
104.04
121.18
241.78
158.91
109.14
122.25
117.61
123.15
160.65
174.38
135.33
136.89
245.21
151.23
116.37
114.70
102.88
101.55
107.37
95.97
97.10
115.01
115.46
93.41
101.55
94.26
100.34
111.94
120.69
129.41
114.48
106.89
94.50
96.27
99.64
86.46
112.11
105.85
120.82
94.07
129.71
102.03
94.70
115.01
94.92
94.83
96.61
100.33
87.14
112.02
105.81
129.80
93.90
120.89
102.21
103.82
107.84
143.74
112.75
127.16
100.70
118.45
95.20
87.50
108.98
109.03
106.75
108.01
103.14
103.53
113.59
126.76
104.85
107.68
100.38
100.34
102.68
113.23
108.54
105.11
101.14
106.93
99.89
100.54
107.49
100.45
114.39
102.92
127.36
105.34
113.75
105.59
105.48
101.50
107.67
100.68
100.45
107.45
102.99
114.18
100.50
127.59
626.85
115.62
125.20
379.92
175.19
102.25
98.47
118.83
97.34
94.62
94.67
98.67
99.83
81.96
82.27
95.05
95.52
96.91
93.49
79.77
89.89
96.67
102.48
94.24
97.15
81.37
92.84
96.77
79.89
93.33
89.99
95.72
96.89
95.97
97.36
102.95
97.59
97.49
81.66
93.48
97.53
79.83
93.30
96.96
95.55
90.03
96.14
94.33
94.60
98.07
100.08
82.24
88.78
88.22
89.55
89.96
106.04
95.43
84.51
85.51
99.93
100.32
88.14
88.32
83.01
104.78
97.27
90.47
87.88
87.58
95.00
83.22
103.47
104.04
92.80
97.41
94.07
90.57
88.76
88.08
88.74
83.39
87.98
83.59
83.51
103.83
104.77
93.53
97.34
94.05
88.14
88.60
90.62
88.90
105.72
95.36
90.68
85.73
100.28
89.50
88.80
82.80
77.06
105.36
114.74
101.28
102.47
134.75
135.26
117.43
96.20
99.47
104.11
131.15
108.92
106.22
123.63
114.22
99.72
107.78
103.38
108.46
131.35
113.11
109.04
118.26
106.46
96.66
99.93
124.19
100.17
100.07
108.16
104.10
109.31
131.24
113.08
106.54
118.04
109.09
96.83
143.98
318.16
143.94
151.82
676.96
107.61
106.90
90.19
92.35
82.76
87.74
88.52
89.56
87.40
87.74
95.98
72.51
86.94
81.78
85.07
76.73
73.25
81.06
87.35
87.16
77.28
81.20
91.81
85.20
86.50
76.81
96.66
73.42
72.85
87.34
81.43
87.55
87.47
77.56
81.77
92.53
85.13
86.47
73.47
96.49
76.85
72.98
82.51
87.68
74.44
89.79
87.70
82.29
75.30
67.98
80.71
106.61
117.00
123.48
124.93
145.53
146.09
132.83
112.13
121.28
105.34
141.64
130.39
144.01
138.02
116.48
121.58
102.84
104.60
106.83
141.86
115.34
130.53
133.76
144.34
112.66
121.84
138.64
122.13
122.01
103.20
105.33
107.68
141.74
115.31
144.44
133.52
130.60
112.87
106.29
116.92
115.13
125.25
146.02
109.73
127.97
105.13
112.59
111.27
116.00
108.44
109.72
126.39
126.88
115.47
107.48
106.50
109.95
123.02
131.67
136.80
140.17
115.48
106.77
97.92
109.18
104.70
123.20
114.36
131.82
116.28
137.12
107.99
107.00
140.80
107.26
107.15
98.27
109.94
105.53
123.10
114.32
137.22
116.07
131.88
108.19
110.94
115.92
110.35
109.99
126.82
108.79
129.23
100.77
98.87
115.01
98.47
98.40
99.56
116.03
116.47
115.61
113.30
96.65
113.65
112.93
137.64
121.42
112.24
98.03
96.89
100.15
112.85
106.25
113.10
97.07
137.80
116.43
121.70
113.84
97.10
112.75
97.33
97.23
100.50
113.64
107.09
113.01
97.04
121.79
116.22
137.86
114.04
109.10
109.07
121.77
110.27
141.83
92.35
135.09
106.22
89.72
106.89
98.78
103.20
109.32
113.06
113.50
106.91
104.93
101.36
110.16
107.86
106.71
113.89
115.22
98.33
101.62
106.28
104.88
98.81
110.21
97.38
107.87
102.76
106.85
107.31
115.35
114.29
102.08
106.76
113.95
105.61
99.58
110.12
97.35
114.24
102.58
107.93
107.50
133.86
157.88
109.06
107.56
113.45
97.63
105.75
98.38
94.10
85.42
93.35
107.95
117.35
110.24
110.66
95.81
83.85
106.03
107.40
118.26
114.55
117.96
115.58
92.93
106.30
114.09
83.81
98.78
107.46
92.03
118.28
93.26
114.70
96.16
115.71
118.38
106.78
114.61
118.02
84.39
99.56
107.37
92.00
118.32
93.10
118.33
96.34
85.16
93.29
98.26
117.65
110.61
88.60
115.95
78.61
98.43
91.29
93.06
102.03
123.47
113.51
113.95
94.79
89.62
100.21
110.59
106.94
120.52
123.36
107.91
92.64
100.47
120.03
89.58
90.86
110.65
91.74
106.95
100.58
120.67
95.14
108.03
123.80
100.92
120.58
123.43
90.20
91.57
110.56
91.72
123.74
100.41
107.01
95.31
91.02
93.00
97.22
123.78
113.90
95.56
104.85
84.02
93.03
78.54
79.52
81.04
82.93
84.48
103.80
81.60
64.47
85.39
83.60
87.74
97.49
99.52
83.02
88.78
99.36
86.37
85.69
101.56
91.49
98.34
111.08
89.45
96.54
91.34
73.62
79.36
80.56
80.28
85.48
83.12
86.78
95.24
87.79
84.31
85.47
79.64
78.85
90.98
87.63
90.98
91.11
119.42
83.76
90.85
94.72
79.16
2003
2004
2005
2006
2007
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
97.37
35.24
110.72
110.96
66.30
102.09
59.93
78.49
64.67
106.56
96.15
101.14
106.30
98.41
79.17
88.06
96.85
95.19
98.78
97.23
97.10
91.87
91.06
100.41
90.05
92.57
66.98
96.67
108.63
99.48
109.45
87.60
102.12
90.21
98.59
97.93
109.36
100.00
92.54
110.73
102.26
83.50
202.68
133.23
143.20
144.64
99.41
103.14
183.08
112.78
399.28
129.07
195.42
102.18
127.55
100.48
116.85
101.38
154.06
193.47
100.18
201.89
201.09
151.35
146.48
161.74
146.16
161.24
103.48
202.33
130.34
106.86
135.29
98.21
106.57
145.12
102.89
98.93
141.46
100.00
148.86
132.86
103.31
119.98
121.07
90.16
145.21
145.70
118.01
112.02
101.58
91.99
110.94
109.85
118.62
110.98
109.34
98.84
93.37
108.50
90.65
111.02
99.07
120.80
120.53
81.50
79.85
85.38
79.31
84.41
119.39
114.01
111.73
101.00
113.40
107.50
112.69
79.11
108.79
107.45
143.44
100.00
81.15
113.89
112.21
97.87
80.58
83.92
97.43
85.40
84.09
86.85
83.41
80.40
80.42
86.39
94.95
82.97
74.13
92.64
76.71
96.02
98.17
93.87
102.67
110.53
107.29
86.65
97.95
94.53
105.75
116.50
116.25
113.73
129.10
107.17
131.60
118.72
112.89
119.79
119.21
119.44
119.59
100.00
107.29
117.90
125.88
113.03
125.75
91.68
117.41
118.18
98.16
158.91
94.83
115.12
102.33
117.35
121.85
157.43
116.53
99.33
117.31
96.85
116.98
120.63
99.40
125.33
124.90
108.43
105.81
111.49
105.26
113.36
100.35
125.40
119.08
102.76
121.74
95.19
160.10
104.83
154.56
152.44
117.53
100.00
117.41
118.18
98.16
158.91
115.42
81.79
121.11
121.74
99.00
105.81
91.45
88.43
98.69
84.46
112.22
104.83
83.79
99.09
90.22
114.53
97.06
111.10
99.24
115.07
114.72
97.59
95.44
94.83
94.86
101.50
100.79
115.00
85.63
101.90
87.81
113.21
106.94
94.55
103.24
101.50
119.64
100.00
121.11
121.74
99.00
105.81
103.59
154.65
100.69
101.27
97.92
107.45
98.14
107.52
105.90
97.44
100.64
106.45
96.81
99.01
109.18
91.07
120.56
99.63
99.18
103.27
102.94
102.26
100.27
105.48
99.56
105.71
99.58
103.24
98.93
101.61
100.95
89.82
108.43
99.34
104.68
103.07
99.46
100.00
100.69
101.27
97.92
107.45
87.80
375.49
90.19
91.74
88.62
93.30
85.21
89.98
91.95
95.43
79.97
92.43
93.79
100.68
94.37
88.01
94.11
79.17
100.31
86.94
86.08
85.93
80.68
97.49
81.43
97.68
93.01
88.72
95.84
107.55
101.18
84.60
97.11
79.93
93.75
89.49
89.10
100.00
90.22
91.77
88.63
93.32
101.27
83.37
90.79
91.53
75.73
94.05
95.49
83.43
103.05
90.73
97.51
93.17
89.94
99.28
85.54
78.49
84.99
96.54
99.37
100.86
100.44
105.10
102.58
83.51
102.04
109.84
77.84
101.12
91.91
102.58
94.47
76.87
95.56
101.63
92.26
90.21
89.68
100.00
104.25
93.69
94.21
88.76
137.44
239.78
109.29
110.47
106.91
113.08
94.88
111.16
102.39
106.37
131.48
112.02
105.12
100.04
114.50
95.51
93.66
130.16
99.88
136.79
136.13
110.86
106.86
100.07
106.79
119.17
110.25
137.44
107.42
105.27
111.49
92.92
115.71
105.87
111.71
108.47
107.97
100.00
108.60
109.50
113.27
118.26
88.34
78.68
76.99
77.60
70.10
86.47
74.53
90.86
80.42
89.63
85.28
85.67
88.98
99.05
92.58
65.39
69.76
84.43
99.21
88.01
87.67
78.67
76.62
87.47
76.28
82.63
71.81
88.16
90.93
101.73
93.02
64.08
87.65
75.91
84.61
82.95
76.06
100.00
77.87
92.69
86.62
96.66
157.77
136.42
130.83
133.95
119.35
115.31
96.01
125.74
103.60
106.86
141.99
114.23
103.54
103.39
134.58
132.96
114.31
140.58
102.14
156.03
154.30
112.53
101.96
122.01
104.34
137.08
128.19
159.82
105.81
117.24
116.57
125.98
123.44
101.01
119.19
110.61
129.25
100.00
103.62
107.86
115.51
133.77
131.34
138.55
132.13
133.71
121.21
114.32
100.20
109.30
108.13
103.16
123.32
113.26
101.48
100.74
113.80
123.17
105.44
122.09
100.35
130.46
129.58
102.46
97.08
107.15
97.65
114.29
125.71
131.87
103.70
107.78
109.17
119.68
118.10
96.18
114.02
109.66
130.52
100.00
98.66
105.71
114.52
116.28
117.41
11.99
138.12
138.95
97.06
97.04
103.58
109.44
111.77
103.86
113.21
96.14
102.98
99.43
111.80
108.00
108.66
112.08
99.47
116.95
116.49
102.11
99.29
97.23
98.90
107.61
99.41
117.20
105.23
103.12
108.10
106.22
98.79
98.37
95.37
93.09
136.44
100.00
100.91
107.27
97.21
116.43
113.37
105.26
107.08
107.68
99.64
97.35
100.39
101.20
103.88
94.25
110.32
96.44
93.61
99.04
102.91
100.91
100.15
107.05
99.20
113.03
112.70
100.20
98.16
106.76
97.50
103.82
101.34
110.77
97.86
101.72
99.94
99.64
98.44
97.25
100.06
98.41
106.81
100.00
99.75
97.51
102.76
107.66
109.50
113.00
114.95
115.33
99.95
92.00
97.88
90.69
83.01
88.88
107.56
91.15
88.47
98.64
91.78
103.96
79.74
117.37
98.93
109.29
109.08
99.43
98.13
114.61
97.21
101.23
101.03
119.74
97.83
100.35
99.16
103.19
92.51
97.22
90.37
89.31
117.11
100.00
99.73
92.16
93.27
96.48
140.06
118.88
120.90
126.70
93.32
108.39
100.79
89.73
88.72
94.35
110.75
90.86
88.20
108.02
106.15
121.02
101.09
106.14
105.27
136.84
133.62
109.91
90.26
122.16
96.09
156.93
109.75
141.89
89.98
133.75
109.99
107.92
107.61
89.42
112.26
96.32
105.90
100.00
91.73
91.87
100.59
95.46
81.66
89.78
98.19
86.51
84.44
87.29
83.92
80.98
81.60
86.81
95.52
83.49
74.85
92.83
77.45
96.23
98.38
94.44
102.58
110.79
107.62
87.08
98.00
94.74
105.58
116.27
115.80
113.90
128.39
107.06
130.91
118.27
112.67
119.23
118.73
118.88
119.71
100.00
107.26
117.69
125.15
112.98
2007
2008
2009
2010
2011
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
103.38
100.71
65.85
96.16
110.72
100.59
77.10
103.80
100.71
92.54
65.85
110.73
96.16
102.26
110.72
83.50
100.59
103.38
100.71
77.10
100.71
100.71
92.54
65.85
110.73
96.16
102.26
100.59
83.50
110.72
103.38
66.51
103.80
105.45
103.23
99.04
105.46
113.53
106.56
109.34
121.45
141.56
134.74
137.81
149.77
156.31
193.38
150.33
188.09
120.53
131.53
110.49
116.92
132.07
107.51
161.11
162.22
201.19
195.42
143.21
112.77
115.59
104.86
162.22
148.86
406.60
132.86
195.42
103.31
143.21
119.98
112.77
161.11
162.22
115.59
162.22
162.22
148.86
201.27
132.86
195.42
103.31
112.77
119.98
143.21
161.11
410.66
104.86
164.33
166.28
201.28
164.35
299.79
267.47
382.20
377.22
345.99
381.94
174.64
192.83
193.38
189.40
113.96
135.83
228.70
197.83
105.74
151.67
112.83
261.88
Source: National Bureau of Statistics (NBS)
95.93
85.64
111.63
112.14
145.22
123.44
137.22
113.89
85.64
81.15
112.97
113.89
118.62
112.21
145.22
97.87
123.44
95.93
85.64
137.22
85.64
85.64
81.15
112.97
113.89
118.62
112.21
123.44
97.87
145.22
95.93
114.10
113.89
97.85
87.78
122.17
97.86
180.72
167.64
167.75
168.31
182.23
176.83
132.30
150.54
189.40
162.97
162.03
171.17
125.15
146.42
183.20
105.37
146.60
173.37
115.96
118.18
114.79
114.70
116.49
110.77
67.65
127.76
118.18
107.29
114.79
117.90
114.70
125.88
116.49
113.00
110.77
115.96
118.18
67.65
118.18
118.18
107.29
114.79
117.90
114.70
125.88
110.77
113.14
116.49
115.96
92.01
95.16
160.14
171.03
163.59
160.16
163.80
153.90
99.65
102.21
102.12
104.25
170.43
162.97
162.03
147.60
145.76
167.94
246.25
253.32
225.92
240.62
250.34
246.60
94.83
115.12
102.33
117.35
121.85
157.43
116.53
99.33
117.31
96.85
116.98
120.63
99.40
125.33
124.90
108.43
105.81
111.49
105.26
113.36
100.35
125.40
119.08
102.76
121.74
95.19
160.10
104.83
154.56
152.44
117.53
161.05
174.85
135.54
137.10
246.15
135.55
114.95
135.38
137.27
136.51
141.13
137.97
123.52
147.60
145.76
124.29
133.83
169.48
102.75
167.79
189.37
167.02
204.50
199.38
91.45
88.43
98.69
84.46
112.22
104.83
83.79
99.09
90.22
114.53
97.06
111.10
99.24
115.07
114.72
97.59
95.44
94.83
94.86
101.50
100.79
115.00
85.63
101.90
87.81
113.21
106.94
94.55
103.24
101.50
119.64
104.08
108.13
143.95
112.92
127.36
143.97
144.44
136.23
209.63
156.81
138.35
120.80
128.01
124.29
133.83
192.38
186.86
79.23
149.58
138.04
161.15
164.05
125.85
160.22
98.14
107.52
105.90
97.44
100.64
106.45
96.81
99.01
109.18
91.07
120.56
99.63
99.18
103.27
102.94
102.26
100.27
105.48
99.56
105.71
99.58
103.24
98.93
101.61
100.95
89.82
108.43
99.34
104.68
103.07
99.46
628.42
159.72
137.20
180.49
175.34
132.73
126.15
116.30
126.95
152.31
166.19
134.74
174.47
192.38
186.86
170.54
176.61
349.44
172.23
153.06
123.85
274.76
156.91
202.92
85.26
90.03
91.98
95.46
80.00
92.46
93.82
100.69
94.38
88.05
94.12
79.18
100.28
86.95
86.08
85.92
80.67
97.49
81.43
97.75
92.98
88.72
95.84
107.53
101.19
84.60
97.11
79.93
93.75
89.50
89.10
94.57
94.86
98.21
100.23
82.37
98.22
192.97
134.09
149.38
182.22
168.38
303.54
183.17
170.54
176.61
100.33
100.75
88.02
366.98
251.79
265.75
155.69
248.39
165.03
89.04
83.76
104.93
97.51
90.79
88.27
88.06
95.62
83.76
104.25
104.93
93.69
97.51
94.21
90.79
88.76
88.27
89.04
83.76
88.06
83.76
83.76
104.25
104.93
93.69
97.51
94.21
88.27
88.76
90.79
89.04
105.98
95.62
90.82
85.86
100.44
90.82
108.59
91.33
103.68
87.72
98.79
99.18
86.73
100.33
100.75
232.79
267.22
233.74
146.39
87.19
116.68
61.58
39.88
122.10
96.98
100.38
104.27
131.48
109.30
106.70
124.32
114.97
100.38
108.60
104.27
109.50
131.48
113.27
109.30
118.26
106.70
96.98
100.38
124.32
100.38
100.38
108.60
104.27
109.50
131.48
113.27
106.70
118.26
109.30
96.98
144.34
119.02
144.16
152.04
178.04
144.17
165.15
195.48
144.77
143.49
172.95
153.79
150.30
146.61
198.28
176.29
168.56
167.10
416.30
235.34
358.46
270.40
235.60
253.14
73.09
87.73
81.90
85.28
77.00
73.58
81.51
87.92
87.73
77.87
81.90
92.69
85.28
86.62
77.00
96.66
73.58
73.09
87.73
81.51
87.73
87.73
77.87
81.90
92.69
85.28
86.62
73.58
96.66
77.00
73.09
82.72
87.92
74.55
89.92
87.84
74.56
116.36
124.95
122.16
114.80
130.85
117.79
117.46
144.01
139.06
105.85
107.42
171.52
100.89
99.82
135.93
110.68
112.63
123.59
113.04
122.38
105.50
142.00
130.85
144.66
138.78
117.24
122.38
103.62
105.50
107.86
142.00
115.51
130.85
133.77
144.66
113.04
122.38
138.78
122.38
122.38
103.62
105.50
107.86
142.00
115.51
144.66
133.77
130.85
113.04
106.56
117.24
115.30
125.44
146.26
115.31
129.41
148.57
126.26
136.05
157.14
136.72
151.13
165.66
136.46
188.29
144.47
105.17
165.62
196.87
126.38
116.82
217.77
104.09
108.35
107.47
110.11
123.33
132.14
137.42
140.94
116.24
107.47
98.66
110.11
105.71
123.33
114.52
132.14
116.28
137.42
108.35
107.47
140.94
107.47
107.47
98.66
110.11
105.71
123.33
114.52
137.42
116.28
132.14
108.35
111.21
116.24
110.52
110.16
127.03
110.53
111.21
116.24
110.52
110.16
127.03
110.53
110.16
109.41
136.46
105.75
123.50
106.12
110.16
109.41
109.33
148.87
108.96
123.50
114.21
97.53
113.82
113.21
138.13
121.97
112.86
98.67
97.53
100.91
113.82
107.27
113.21
97.21
138.13
116.43
121.97
114.21
97.53
112.86
97.53
97.53
100.91
113.82
107.27
113.21
97.21
121.97
116.43
138.13
114.21
109.38
109.36
121.96
110.43
142.06
121.97
121.99
121.78
116.66
190.56
110.24
126.42
121.94
127.93
128.10
145.98
156.52
243.32
164.45
137.14
155.87
85.24
113.83
130.42
105.78
102.28
110.32
108.13
107.08
114.41
115.85
98.98
102.28
107.08
105.78
99.75
110.32
97.51
108.13
102.76
107.08
107.66
115.85
114.41
102.28
107.08
114.41
105.78
99.75
110.32
97.51
114.41
102.76
108.13
107.66
134.20
158.30
109.22
107.72
113.63
109.23
128.81
129.83
129.79
129.42
141.44
132.22
121.80
124.41
129.35
95.04
101.17
101.26
94.66
101.86
102.30
95.04
101.54
101.41
84.53
106.99
107.56
118.56
114.95
118.49
116.22
93.54
106.99
114.95
84.53
99.73
107.56
92.16
118.56
93.27
114.95
96.48
116.22
118.49
106.99
114.95
118.49
84.53
99.73
107.56
92.16
118.49
93.27
118.56
96.48
85.38
93.54
98.41
117.83
110.79
98.42
108.45
115.02
118.94
134.82
122.45
114.86
117.02
114.96
103.82
32.80
95.72
101.49
107.59
115.58
102.17
89.57
93.75
101.48
90.34
101.12
110.76
107.21
120.94
123.92
108.51
93.25
101.12
120.94
90.34
91.73
110.76
91.87
107.21
100.59
120.94
95.46
108.51
123.92
101.12
120.94
123.92
90.34
91.73
110.76
91.87
123.92
100.59
107.21
95.46
91.25
93.25
97.36
123.96
114.08
97.37
116.66
121.65
116.01
109.83
122.35
99.39
123.76
129.27
129.37
157.90
141.01
141.86
217.03
176.52
202.75
191.94
183.64
148.25
115.70
117.70
114.71
114.62
116.68
110.87
68.68
127.03
117.72
107.21
115.11
117.63
114.69
125.25
116.71
112.84
110.74
115.77
117.71
68.78
117.74
117.84
107.12
114.73
117.56
114.71
125.27
110.74
113.06
116.68
115.87
93.72
97.71
160.78
169.87
188.80
160.79
103.78
108.89
101.24
104.38
103.36
105.72
169.47
162.37
161.62
170.69
169.38
180.59
244.55
250.62
224.34
237.68
247.26
244.23
Mineral products


thereof

saddlery


articles
Footwear, headgear,
whips, etc.

ceramics

metals

base metals

thereof

Optical, photographic,
cinematographic,
measuring appliances
Miscellaneous
All SITC Product Import

Price Index
2003
vinegar, tobacco
2002
Animal and vegetable fats

and oils and other cleavage
products
2001
Vegetable products
2000
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov

products
Year
Month
Table D.4.2: Import Commodity Price Index (Base Period: January 2007)
111.92
157.45
98.70
57.71
100.81
76.84
94.74
75.85
76.26
80.19
187.82
138.13
132.54
105.17
137.04
123.57
126.02
77.25
145.81
149.54
152.61
148.30
142.15
171.53
130.53
127.33
111.72
133.99
124.21
142.03
77.90
141.18
138.52
116.57
124.73
118.95
178.92
174.28
167.50
180.73
178.60
150.02
159.20
179.87
161.25
179.40
193.92
85.78
96.55
97.88
99.58
99.97
97.99
92.79
89.30
91.38
92.91
90.61
93.71
88.73
105.17
137.04
105.50
103.11
100.82
103.77
103.26
99.90
99.31
98.99
91.51
92.52
88.40
87.00
90.07
96.75
98.31
92.83
95.95
94.55
86.64
88.70
97.56
102.84
81.82
624.59
78.35
149.85
82.59
76.73
62.24
126.63
129.41
82.13
89.68
134.53
135.70
137.40
137.75
135.88
142.15
138.64
140.80
142.13
139.96
142.93
138.25
138.71
137.74
139.30
137.15
134.82
138.23
137.65
134.53
134.14
133.56
137.97
139.14
135.24
134.07
136.80
140.65
142.40
137.14
140.06
138.89
131.49
133.44
142.59
190.74
201.90
209.04
211.38
120.82
127.30
115.37
133.75
133.28
150.25
148.43
92.05
93.93
94.54
98.86
110.50
98.64
100.94
94.39
91.78
100.84
97.15
91.20
95.81
105.48
103.48
106.08
101.47
99.44
121.05
102.87
101.63
104.40
101.61
104.81
108.00
103.52
108.38
108.58
120.55
110.72
102.92
106.93
105.53
103.22
102.49
112.68
167.37
175.21
158.98
146.30
151.50
188.26
145.22
136.87
136.65
131.06
167.23
142.35
98.19
81.40
112.25
96.51
160.50
99.80
99.19
108.66
101.40
100.04
95.99
104.78
106.13
103.93
106.94
102.18
101.78
100.79
102.38
100.20
97.82
100.79
100.19
95.64
93.56
101.24
102.63
98.85
97.83
100.17
89.42
94.00
89.33
92.74
89.35
88.23
81.79
81.53
80.02
99.66
98.23
111.56
102.57
90.68
106.29
105.71
216.03
258.87
214.96
198.82
358.64
152.39
217.43
242.80
170.37
210.45
220.87
189.21
96.03
97.30
95.92
97.78
94.75
97.19
96.51
97.66
96.24
94.62
93.54
93.15
88.53
94.42
91.38
89.91
89.67
89.31
94.59
95.17
98.26
91.42
96.67
96.40
105.62
109.10
108.93
119.79
117.62
106.70
102.67
103.66
100.27
108.07
101.20
50.26
54.21
72.88
65.17
55.99
50.22
57.97
49.52
47.81
65.85
56.98
56.79
101.30
101.62
101.12
102.32
100.70
104.39
103.98
104.45
103.97
103.41
103.99
103.81
64.48
61.82
52.70
66.15
70.35
66.31
69.45
63.67
59.54
59.64
64.59
71.81
53.08
47.78
55.61
55.68
65.47
65.98
84.06
60.01
63.08
72.17
263.00
97.82
96.33
94.75
95.27
95.60
95.96
96.50
96.96
97.66
96.67
103.69
104.00
103.96
104.36
103.71
104.60
103.20
104.11
103.82
104.29
103.65
102.95
103.82
103.65
101.67
101.54
102.89
103.28
102.10
101.97
102.72
78.68
79.27
77.32
78.73
78.02
78.80
77.93
77.81
77.69
61.20
58.65
58.65
58.12
56.90
83.48
83.30
82.84
88.30
103.86
100.95
92.61
129.52
85.05
86.57
136.31
77.54
87.50
101.53
96.88
97.45
96.51
97.80
95.77
97.82
97.40
98.07
97.14
96.13
96.15
95.89
103.09
77.99
92.21
92.51
76.21
83.61
237.11
114.19
90.65
98.08
98.54
101.83
104.63
131.44
103.23
94.66
102.62
101.73
102.19
97.70
103.35
106.20
106.19
114.793
100.344
89.4407
92.5743
91.9453
94.6026
95.6523
97.9885
131.024
91.7812
92.2414
90.3835
97.2675
97.8447
96.9025
98.1926
96.1556
100.545
100.096
100.775
99.8418
98.8051
100.053
99.7622
105.448
90.0589
92.6002
94.8306
97.0282
93.2668
95.8415
92.463
96.0664
95.7611
96.6143
112.459
133.372
128.465
136.205
130.033
133.774
133.172
141.044
130.809
154.643
140.877
135.377
98.26
107.93
106.66
97.75
98.09
106.45
106.50
107.28
106.64
106.67
103.56
103.99
104.72
104.95
104.58
105.08
104.29
107.86
107.70
107.96
107.60
107.20
107.96
107.86
104.65
104.82
132.41
92.66
95.54
92.83
94.91
97.84
101.17
98.59
100.88
98.29
94.52
118.14
96.47
98.60
96.63
96.27
96.92
114.20
97.59
103.11
114.02
86.76
99.50
121.85
93.12
90.58
91.83
96.38
106.74
88.57
94.38
89.29
109.25
99.26
99.58
99.05
99.77
98.64
100.65
100.41
100.79
100.27
99.71
99.94
99.80
104.32
108.68
101.30
101.32
106.59
104.75
100.11
98.59
100.14
98.68
102.58
99.52
94.98
91.34
94.33
104.64
92.34
101.53
86.31
86.20
91.08
94.62
100.28
114.67
146.68
126.95
146.17
112.74
123.09
97.45
131.30
178.68
206.45
162.65
104.89
121.17
117.75
110.80
117.54
111.37
113.92
110.59
115.03
110.00
106.13
109.05
109.00
91.45
101.05
111.12
120.51
110.71
105.57
115.55
110.25
115.14
132.06
113.74
109.50
166.70
162.21
140.20
131.78
151.19
149.21
146.34
106.76
157.38
113.30
98.93
99.09
124.00
122.27
96.72
97.15
123.63
123.95
124.42
124.52
124.00
99.89
98.92
99.52
99.89
99.29
100.11
98.82
101.13
100.86
101.29
100.70
100.05
106.04
105.88
117.29
94.33
116.14
158.65
149.26
91.39
109.50
78.77
57.20
146.31
49.56
130.32
101.69
100.88
100.77
100.67
109.62
109.46
107.25
106.77
105.64
105.64
105.48
118.29
104.19
124.74
117.75
88.19
125.17
111.19
116.50
108.24
95.41
97.41
101.11
111.17
108.02
107.61
108.04
105.96
108.50
103.32
104.83
104.07
104.86
104.37
104.04
94.73
114.22
105.75
102.07
103.76
105.82
102.17
99.63
101.83
105.98
97.66
97.16
102.43
98.87
101.73
122.26
107.30
114.81
109.70
107.87
103.64
107.08
111.92
94.19
114.76
97.80
110.89
89.43
90.14
93.01
94.33
95.74
97.03
101.02
117.15
110.77
110.41
107.32
109.25
108.38
107.27
109.05
119.46
119.30
105.80
108.43
106.27
108.54
106.89
104.74
184.38
119.76
107.07
107.93
107.91
109.32
110.83
110.20
105.13
100.28
105.97
99.09
99.16
105.00
107.85
106.26
107.19
106.03
106.91
126.35
98.04
103.21
115.41
116.72
101.04
114.28
113.34
112.08
109.23
112.84
102.38
101.03
106.72
106.30
112.87
106.77
115.22
107.73
99.93
110.34
110.18
106.48
111.71
107.58
108.12
108.75
126.24
124.45
120.48
120.65
121.99
121.47
127.70
117.23
114.15
115.68
108.31
138.69
112.80
109.54
121.05
118.06
120.32
133.24
120.76
122.24
122.54
129.22
89.56
100.21
127.85
116.72
82.82
86.97
94.74
95.95
103.76
100.20
113.71
248.26
193.98
237.90
281.95
250.45
120.07
104.34
245.02
244.71
144.02
253.57
185.41
116.44
111.35
146.02
105.56
104.87
130.80
110.64
108.53
106.26
112.84
102.05
91.19
95.17
94.72
98.38
94.56
106.09
122.84
117.44
110.61
137.06
91.06
88.15
95.09
111.64
96.77
105.82
95.76
90.02
95.35
99.29
97.97
114.10
98.54
99.23
98.78
107.74
113.61
108.47
99.76
105.01
100.26
116.81
112.55
102.90
96.02
100.82
74.49
83.72
134.41
107.34
85.02
98.27
77.52
75.22
65.68
76.40
80.54
89.30
94.97
96.02
94.54
94.01
105.53
98.93
121.35
102.51
90.95
96.02
109.20
108.18
119.14
113.01
111.38
120.11
101.89
107.80
109.35
101.95
108.05
112.82
108.99
106.86
106.15
107.91
108.08
107.17
103.26
106.67
111.39
110.64
105.97
107.59
107.23
96.96
98.35
97.64
116.27
103.33
101.22
97.94
100.12
101.08
98.14
98.34
99.54
104.34
106.42
145.29
105.38
113.78
108.17
108.84
105.34
108.48
111.67
142.28
2003
2004
2005
2006
2007
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
178.73
216.59
161.40
160.93
137.04
132.42
119.69
127.72
136.48
127.10
212.15
249.61
272.18
292.91
186.01
104.75
118.54
150.18
95.62
105.41
107.44
109.39
107.33
100.21
91.59
96.65
115.87
97.67
96.37
88.94
73.33
72.42
76.09
80.70
72.07
69.93
78.71
100.00
102.83
111.67
113.22
127.43
218.82
124.99
201.65
193.79
298.44
220.45
221.49
124.03
266.51
141.09
149.70
249.90
172.87
103.21
248.37
138.79
228.04
143.02
114.75
125.68
91.76
206.80
125.01
154.66
141.86
89.57
248.60
73.98
120.17
65.56
74.79
71.62
47.47
67.54
61.51
97.48
100.00
105.00
98.21
110.36
149.87
291.58
348.61
194.73
58.07
108.67
118.86
160.73
169.86
210.65
221.89
179.03
939.90
123.45
68.89
1479.23
616.30
203.22
254.99
145.76
778.30
869.89
148.33
651.45
196.36
145.40
158.52
152.67
147.07
138.34
137.88
230.43
422.73
379.66
191.15
177.79
133.55
100.00
139.99
144.29
141.24
129.63
107.33
105.33
105.98
103.04
105.51
104.60
101.72
102.76
109.42
108.15
107.31
106.15
99.36
100.54
98.32
102.89
102.22
99.00
125.47
104.81
106.30
106.30
106.86
107.33
114.94
114.49
124.99
125.43
149.43
101.11
119.27
104.06
165.61
107.59
101.75
97.38
100.00
99.46
100.83
103.40
101.96
103.00
93.90
95.68
90.33
93.30
92.11
84.58
86.56
88.63
85.45
84.07
81.09
103.93
106.94
102.18
101.78
100.79
102.38
100.20
97.82
100.79
100.19
97.02
96.62
133.57
129.04
173.38
109.44
53.07
61.40
97.55
238.07
79.04
228.13
341.08
262.31
100.00
88.19
108.33
104.36
105.93
170.35
182.84
181.58
176.58
179.70
184.29
175.24
176.88
184.09
182.77
182.24
182.60
102.37
103.16
119.40
124.77
111.76
113.80
119.37
114.03
111.05
110.15
107.05
109.95
123.17
119.53
117.72
112.28
107.00
142.87
152.27
118.56
123.38
102.80
195.31
261.18
100.00
100.90
99.33
99.29
66.81
68.67
106.61
76.65
84.91
94.70
86.30
81.78
85.02
86.48
81.96
96.31
87.17
84.06
92.32
83.10
94.47
75.36
96.90
87.40
83.96
96.81
84.90
88.56
89.78
96.77
94.67
101.06
88.20
87.36
83.20
84.02
74.79
92.15
102.77
93.55
114.38
100.00
93.18
103.21
104.99
82.20
103.49
79.66
80.18
78.61
79.48
79.13
76.93
77.51
80.13
79.20
78.80
77.93
103.71
104.60
103.20
104.11
103.82
104.29
103.65
102.95
103.82
103.65
102.72
102.60
407.13
78.56
74.73
75.91
71.64
72.13
72.53
88.98
79.17
86.99
148.08
166.30
100.00
98.71
105.00
104.87
104.39
91.30
107.50
108.27
105.98
107.25
106.74
103.53
104.37
95.29
93.94
93.35
92.08
96.51
97.80
95.77
97.82
97.40
98.07
97.14
96.13
96.15
95.89
94.54
94.37
86.33
79.93
80.16
96.12
97.37
115.81
99.45
105.55
98.92
102.22
106.12
98.40
100.00
98.15
98.39
98.15
139.291
100.542
100.078
98.2315
96.4543
99.3702
98.4126
94.1768
97.3498
101.353
100.691
101.492
97.0974
97.8908
99.083
97.3011
100.221
100.221
102.892
100.465
98.8333
100.31
100.097
98.8639
98.2068
170.291
130.44
124.853
114.42
117.707
116.219
109.211
114.152
102.672
90.7994
86.5346
107.89
100
101.961
98.7868
101.66
102.54
97.49
103.80
104.18
103.12
103.72
103.45
102.23
102.64
102.34
101.72
101.72
100.92
102.66
107.37
105.74
108.37
106.11
113.45
106.74
106.47
104.67
108.00
108.07
110.34
103.76
103.30
102.05
281.08
101.61
87.05
88.59
91.09
106.90
116.55
121.56
111.69
100.00
107.88
105.31
108.29
93.81
100.05
97.20
98.74
99.51
97.90
98.66
97.75
94.44
102.37
93.94
95.37
100.85
99.05
99.77
98.64
100.65
100.41
100.79
100.27
99.71
99.94
99.80
99.05
98.95
152.01
123.00
101.97
146.38
116.47
103.80
115.48
101.24
110.05
116.71
107.62
103.87
100.00
105.00
100.10
101.26
110.77
194.24
194.94
258.01
255.75
320.66
324.78
373.57
382.56
461.41
462.49
454.11
455.50
447.36
455.60
442.73
454.69
444.76
455.04
443.40
445.54
440.93
447.07
436.55
441.76
545.35
567.12
513.50
538.19
531.93
527.25
499.49
529.54
512.70
530.30
500.29
512.23
100.00
109.01
108.89
106.76
104.46
104.54
104.97
105.45
104.00
104.80
104.48
102.44
102.97
102.93
102.07
101.69
100.88
99.29
100.11
98.82
101.13
100.86
101.29
100.70
100.05
106.04
105.88
105.02
104.91
99.09
124.00
122.27
96.72
97.15
123.63
123.95
124.42
124.52
124.00
99.89
98.92
100.00
125.14
100.49
101.83
105.58
107.77
112.81
110.53
106.19
109.85
105.58
109.41
111.42
109.77
136.08
109.11
112.87
122.70
112.51
111.61
107.54
111.29
108.18
106.15
107.87
114.37
107.73
103.13
106.25
116.31
118.14
124.97
122.73
111.75
116.10
128.02
127.86
115.70
117.06
117.21
140.41
100.00
104.09
102.81
103.35
105.01
110.96
118.17
121.83
115.85
116.85
111.86
110.79
115.11
110.90
114.65
114.17
115.33
108.16
112.45
114.46
108.69
113.01
104.89
104.48
106.95
118.03
106.47
123.51
102.97
129.06
118.95
135.02
141.87
138.91
125.55
126.63
140.36
117.47
111.25
119.40
122.16
100.00
105.52
110.36
109.89
117.45
119.70
112.31
116.98
118.00
118.78
129.04
120.07
117.27
113.34
113.09
111.55
115.35
98.55
102.58
101.81
105.67
105.62
105.80
105.46
105.32
99.90
99.76
99.38
99.12
95.76
125.71
107.22
98.49
105.63
110.68
95.15
96.52
101.33
95.96
101.53
111.49
100.00
113.91
104.31
106.49
90.24
108.22
99.69
104.96
90.47
103.98
102.73
97.05
99.16
104.07
109.43
109.43
100.65
107.39
341.44
201.90
287.60
289.44
262.67
210.39
250.63
517.66
215.68
276.18
200.76
453.39
835.55
430.65
468.80
1,027.23
221.02
261.19
228.42
271.74
260.02
240.66
283.98
100.00
96.21
114.53
103.28
96.01
105.68
97.18
86.15
88.99
91.18
95.50
83.84
92.15
109.69
87.76
95.34
86.60
99.28
103.41
103.27
105.69
105.04
101.10
102.58
100.17
101.57
98.78
100.87
102.20
100.11
110.87
118.96
259.50
110.58
123.64
126.89
112.03
123.68
117.18
99.28
110.87
100.00
111.76
104.08
101.02
108.99
128.00
125.57
128.37
124.29
136.61
128.61
127.02
121.75
134.08
132.04
133.06
145.00
125.22
116.96
128.73
119.48
123.41
115.11
111.96
114.67
118.91
117.29
115.80
111.83
127.39
127.38
138.93
123.39
126.20
114.43
118.04
120.43
113.48
113.40
126.63
143.98
100.00
103.06
104.70
106.18
2007
2008
2009
2010
2011
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
104.27
107.55
131.55
114.23
122.86
112.45
131.98
140.91
120.10
135.82
115.89
121.04
115.59
133.01
141.84
114.81
114.20
115.75
115.73
104.27
126.11
116.52
132.75
144.34
119.63
139.00
113.76
115.49
107.85
123.47
129.08
124.90
112.45
107.55
140.91
147.43
172.92
176.56
100.61
108.81
124.03
119.60
133.67
124.03
176.39
154.46
161.51
278.48
236.57
209.75
214.11
271.89
243.59
293.65
248.10
223.60
110.37
97.50
102.40
102.14
100.87
103.34
109.40
110.08
97.51
102.36
102.11
100.83
103.60
107.30
110.18
105.05
98.20
110.27
110.25
110.37
100.78
103.32
109.54
110.18
97.48
102.34
102.07
100.73
103.37
107.36
107.42
107.42
107.42
103.34
110.08
121.04
139.49
141.07
122.09
94.51
147.55
183.45
142.28
210.07
194.69
221.25
195.69
202.54
244.58
210.33
281.11
256.85
245.14
311.11
280.81
302.84
141.74
141.09
143.76
144.74
144.20
144.23
144.00
177.21
141.09
143.76
144.74
144.20
144.23
144.00
177.21
137.44
144.29
141.24
141.24
141.74
144.20
144.23
144.00
177.21
141.09
143.76
144.74
144.20
144.23
144.00
177.21
144.00
144.23
141.09
177.21
173.04
187.20
201.62
130.86
150.85
182.93
153.84
228.46
184.79
174.66
180.00
190.11
214.24
181.01
194.37
273.27
391.40
354.66
363.75
337.32
257.21
104.28
108.78
106.57
110.65
104.70
97.91
96.71
97.97
108.59
104.76
108.31
102.31
95.86
94.92
96.19
98.95
99.85
102.07
103.42
104.28
102.32
95.84
94.92
96.19
107.32
104.76
108.31
102.32
95.85
94.94
96.20
94.93
97.91
108.78
97.97
125.12
123.39
142.38
151.11
376.87
153.11
201.68
276.83
159.21
242.62
193.94
219.78
202.02
226.87
247.54
233.25
399.01
269.59
317.61
173.40
172.12
104.35
107.70
97.07
90.81
104.49
110.68
99.82
96.32
107.70
97.07
90.81
104.49
110.68
98.13
94.63
88.19
108.33
104.36
104.35
104.35
104.49
110.68
99.82
96.32
107.70
97.07
90.81
104.49
110.68
99.82
96.32
99.82
110.68
107.70
96.32
125.19
127.56
146.06
107.15
118.82
127.55
152.42
128.04
148.91
151.48
153.10
179.06
128.03
202.85
205.78
243.04
206.43
119.87
126.83
119.33
140.84
96.31
95.36
98.89
100.75
106.22
100.59
101.68
101.92
95.04
98.88
100.74
106.22
100.59
101.70
101.83
101.01
99.32
99.18
96.16
96.31
105.90
100.80
101.70
101.83
95.32
98.88
100.44
105.90
100.80
101.83
102.05
101.83
100.58
95.36
101.92
127.47
132.21
144.81
219.05
141.08
291.88
227.48
203.95
249.91
244.36
259.24
264.66
246.80
356.63
315.64
355.30
397.63
326.92
274.19
359.19
302.32
104.86
94.02
82.15
91.19
106.29
100.18
108.55
111.88
94.04
82.15
93.35
107.18
100.18
108.18
285.48
93.18
103.21
106.28
106.15
104.86
107.18
100.18
108.18
285.48
94.45
81.85
91.48
107.18
100.11
107.19
113.30
107.19
100.18
94.05
111.57
127.55
139.36
150.06
126.29
123.94
229.67
115.39
126.87
96.94
131.15
116.65
130.16
107.59
121.67
127.55
183.45
183.01
123.06
122.16
123.23
117.76
105.00
104.77
80.59
80.77
62.25
84.58
84.41
84.12
104.77
80.59
80.77
62.25
84.58
84.41
84.12
98.71
105.00
104.87
104.87
104.87
62.25
84.58
84.41
84.12
104.77
80.59
80.77
62.25
84.58
84.41
84.12
84.41
84.58
104.77
84.12
74.70
109.73
87.15
84.09
79.57
86.33
74.80
108.04
84.28
72.71
74.77
84.32
62.11
75.76
73.35
182.05
140.76
119.22
116.28
132.10
133.63
97.67
93.16
108.86
96.23
100.32
103.34
104.38
102.88
93.16
108.86
96.23
100.32
103.34
104.38
102.88
98.15
98.39
98.92
97.67
97.67
100.32
103.34
104.38
102.88
93.16
108.86
96.23
100.32
103.34
104.38
102.88
104.38
103.34
93.16
102.88
120.38
135.69
140.45
105.28
101.02
105.00
114.64
127.08
134.12
159.17
119.05
120.49
112.46
110.90
115.41
105.30
133.09
119.67
106.64
114.20
127.76
101.581
102.733
98.889
100.474
102.789
106.373
103.701
107.265
102.733
98.889
100.474
102.789
106.373
103.701
107.265
101.961
98.7868
101.66
101.581
101.581
102.789
106.373
103.701
107.265
102.733
98.889
100.474
102.789
106.373
103.701
107.265
103.701
106.373
106.373
102.733
123.347
134.811
143.905
128.501
227.264
145.568
155.098
151.534
163.238
204.33
144.70
156.01
135.70
144.10
146.18
354.08
314.58
178.80
166.57
153.27
170.99
108.55
98.12
104.19
102.51
104.54
106.16
104.98
103.09
98.12
104.19
102.51
104.54
106.16
104.98
103.09
107.88
105.31
108.29
108.55
108.55
104.54
106.16
104.98
103.09
98.12
104.19
102.51
104.54
106.16
104.98
103.09
104.98
106.16
98.12
103.09
125.45
136.47
146.35
123.21
116.75
125.21
133.07
160.22
216.84
131.95
137.68
129.06
96.10
132.60
146.93
104.96
125.31
147.37
124.59
130.40
120.20
100.79
102.23
101.20
101.20
105.10
106.01
102.12
101.77
102.23
101.20
101.20
105.10
106.01
102.12
101.77
105.00
100.10
101.26
100.79
100.79
105.10
106.01
102.12
101.77
102.23
101.20
101.20
105.10
106.01
102.12
101.77
102.12
106.01
102.23
101.77
126.12
132.76
147.13
109.76
246.11
104.23
124.93
125.72
105.06
135.14
89.21
95.91
94.87
145.83
145.41
217.20
121.95
196.32
183.40
168.15
115.27
105.42
118.02
111.14
116.98
104.25
108.57
103.48
108.42
118.02
111.14
116.98
104.25
108.57
103.48
108.42
109.01
108.89
106.76
105.42
105.42
104.25
108.57
103.48
108.42
118.02
111.14
116.98
104.25
108.57
103.48
108.42
103.48
108.57
118.02
108.42
125.10
134.53
145.95
215.91
244.45
206.61
221.59
230.38
230.63
248.01
236.80
234.09
183.60
210.51
206.84
267.99
377.93
214.72
202.58
226.61
229.44
107.01
105.72
105.83
103.52
110.59
106.66
103.24
103.91
105.72
105.83
103.52
110.59
106.66
103.24
103.91
125.14
100.49
101.83
107.01
107.01
110.59
106.66
103.24
103.91
105.72
105.83
103.52
110.59
106.66
103.24
103.91
103.24
106.66
105.72
103.91
132.71
134.21
154.83
72.05
130.57
115.99
149.04
115.14
66.44
92.56
89.09
77.25
54.93
72.90
60.75
190.25
348.72
292.96
110.28
142.56
141.32
103.64
106.67
106.51
110.51
113.82
110.60
110.22
107.13
106.70
106.54
110.54
112.28
110.60
110.52
107.13
104.27
102.84
103.22
103.52
114.91
112.28
110.60
110.52
107.13
106.70
106.54
110.54
112.28
110.60
110.22
107.13
110.22
110.60
106.67
107.13
136.58
143.68
157.20
182.42
190.77
415.30
162.07
177.36
183.66
183.61
180.95
194.05
255.38
208.87
271.52
364.74
283.91
161.31
174.76
174.05
194.78
107.87
113.02
110.16
105.64
112.76
112.88
114.00
126.49
113.02
110.59
105.52
112.76
260.59
112.76
110.05
112.88
108.03
114.27
113.02
240.53
114.27
130.07
110.59
105.52
105.54
110.36
112.76
110.05
114.27
108.03
112.88
107.87
113.02
112.88
126.49
135.31
146.58
159.98
149.54
163.29
192.50
148.71
330.98
186.79
109.98
125.59
142.60
113.51
180.49
175.47
84.76
86.03
83.07
106.70
83.43
85.81
101.32
115.74
113.19
111.93
121.27
123.61
142.58
103.97
115.74
113.19
113.91
111.93
57.49
121.27
106.49
123.61
101.32
142.58
115.74
64.57
142.58
103.97
113.19
113.91
111.93
104.31
121.27
106.49
142.58
101.32
123.61
101.32
115.74
123.61
103.97
145.52
157.65
199.61
112.29
152.89
123.32
128.73
169.38
191.59
140.74
144.10
153.25
132.49
131.62
94.83
102.02
92.15
97.44
97.02
91.04
94.41
101.85
116.53
86.54
96.76
106.00
89.94
105.95
91.65
116.53
86.54
96.21
96.76
168.06
106.00
103.28
89.94
101.85
105.95
116.53
966.34
105.95
91.65
86.54
96.21
96.76
114.53
106.00
103.28
105.95
101.85
89.94
101.85
116.53
89.94
91.65
127.20
137.80
148.33
113.71
104.44
97.48
200.52
106.94
237.95
163.08
266.39
269.86
197.13
228.18
228.53
155.10
120.71
168.28
246.40
356.25
328.51
100.10
108.71
96.85
102.87
107.02
105.68
103.93
99.37
108.71
96.85
111.76
102.87
223.54
107.02
101.02
105.68
100.10
103.93
108.71
189.98
103.93
99.37
96.85
111.76
102.87
104.08
107.02
101.02
103.93
100.10
105.68
100.10
108.71
105.68
99.37
128.43
139.13
145.50
107.55
100.06
100.06
147.72
128.04
115.23
144.57
128.41
123.80
84.67
124.43
83.52
184.90
150.99
113.99
141.01
111.98
103.95
104.30
105.49
104.09
104.28
110.74
108.66
113.64
112.51
106.18
104.37
104.87
107.79
132.99
110.67
135.48
106.34
103.85
111.62
108.03
136.70
113.53
110.06
109.25
135.62
104.00
103.70
106.84
107.76
110.97
106.59
111.51
106.65
108.01
106.14
112.46
132.87
143.68
158.51
147.05
157.09
215.37
156.88
199.49
176.68
164.89
165.36
174.69
171.30
199.33
194.60
216.07
216.57
167.03
177.55
171.97
168.92


thereof

saddlery


articles
Footwear, headgear,
whips, etc.

ceramics

metals

base metals

thereof

Miscellaneous
All Products Terms of

Trade
2003
Mineral products
2002
vinegar, tobacco
2001
Vegetable products
2000
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun

products
Year
Month
Table D.4.3: Commodity Terms of Trade (Base Period: January 2007)
59.46
65.79
102.96
178.17
97.76
128.74
87.52
135.21
130.88
81.99
51.07
79.88
75.56
72.90
75.25
80.97
72.88
84.52
75.22
64.24
66.92
74.48
58.74
58.51
78.94
78.75
68.94
75.01
80.84
64.89
84.40
78.30
73.70
87.58
80.52
70.07
61.76
59.23
39.61
57.28
58.95
68.71
478.96
108.40
167.23
166.32
200.33
205.17
128.40
114.84
175.94
216.21
215.14
152.29
126.53
109.30
76.02
152.76
143.29
399.88
126.82
189.07
103.28
143.86
121.21
122.96
173.56
182.70
132.73
179.75
167.16
150.82
216.47
138.23
206.31
119.05
126.94
122.76
138.99
196.60
65.59
133.49
109.50
201.03
124.02
121.01
91.40
88.44
110.01
123.72
96.27
100.82
92.46
110.53
115.14
158.68
128.26
129.38
109.35
80.21
79.37
112.64
93.20
115.19
110.26
107.33
96.31
117.52
88.54
82.36
126.48
78.71
70.82
73.00
109.59
106.33
112.19
108.52
120.26
86.69
86.60
54.67
71.59
77.64
64.49
46.56
54.22
80.27
98.80
73.34
84.09
62.92
81.04
63.71
78.18
81.67
86.92
100.76
94.53
77.46
85.02
92.86
84.12
83.11
100.70
88.70
98.01
113.16
88.24
95.80
94.93
77.84
77.47
77.91
80.60
86.92
82.18
96.49
98.24
97.81
89.93
94.96
88.83
95.29
109.42
106.01
88.70
91.70
48.74
62.29
52.49
57.47
35.04
82.66
56.40
50.39
65.05
49.44
55.03
62.58
113.31
116.65
167.35
113.62
112.64
106.31
124.58
124.65
165.18
125.46
130.93
117.08
138.85
117.92
124.77
124.14
124.34
121.06
109.99
128.40
123.62
173.84
112.90
127.87
111.35
112.88
147.48
145.56
115.06
128.29
202.06
198.07
131.67
148.99
205.43
229.90
161.15
205.05
197.17
152.38
196.47
212.51
127.74
112.66
105.70
92.35
95.60
95.45
83.15
107.34
101.80
116.84
90.46
124.95
158.24
153.18
218.25
143.51
134.79
143.00
144.48
136.85
188.16
177.42
200.95
130.77
227.73
213.91
186.69
193.67
219.54
170.88
111.40
113.19
112.66
113.37
107.88
107.89
117.71
130.74
107.36
111.39
96.82
96.48
98.77
108.50
104.66
100.49
98.00
102.71
96.21
96.40
103.70
97.57
110.18
99.30
125.26
103.74
110.55
102.23
103.31
99.53
104.82
127.96
126.73
138.97
130.82
146.35
127.54
163.73
159.22
134.88
244.31
246.88
114.21
107.21
95.00
98.90
88.49
63.52
111.76
95.03
71.10
120.58
91.16
88.54
99.79
105.16
97.65
99.34
84.97
94.91
99.36
81.46
96.07
93.61
99.56
101.04
93.10
124.83
111.65
105.50
127.93
97.66
39.43
85.41
88.06
95.13
98.40
93.83
86.05
73.15
91.38
99.94
95.56
98.38
92.37
95.10
94.49
92.37
108.69
106.04
92.14
90.14
63.35
114.16
105.45
115.92
90.35
89.51
98.03
84.75
107.61
103.48
92.71
96.66
94.22
91.67
88.71
88.29
84.16
92.60
95.01
88.15
86.07
111.33
109.31
101.15
101.32
98.21
91.23
78.78
67.95
69.20
77.62
73.34
67.79
64.37
107.23
106.31
94.96
104.83
137.36
127.07
110.26
89.67
93.28
97.60
126.64
104.74
101.43
117.81
109.22
94.90
103.35
95.84
100.70
121.66
105.12
101.71
109.54
98.71
92.37
95.34
93.80
108.11
104.75
116.52
109.68
111.72
129.72
114.69
105.60
120.09
115.42
81.96
149.25
322.67
148.97
157.70
95.39
88.18
72.64
96.18
96.49
95.55
99.58
67.93
98.16
86.64
95.27
70.23
73.80
81.40
88.18
87.36
78.35
80.68
91.43
84.53
86.26
77.04
96.71
73.56
69.83
80.37
80.38
86.41
82.06
74.04
81.68
93.85
85.01
87.63
71.62
96.95
80.92
79.90
87.47
83.80
80.62
88.44
93.00
79.79
97.29
85.49
129.31
118.87
136.35
85.70
68.13
51.04
87.12
124.91
114.14
117.45
105.35
103.66
92.54
92.04
96.84
123.61
105.12
123.30
122.97
132.75
123.55
120.65
125.06
101.57
110.47
98.20
91.20
97.68
123.14
87.98
127.07
122.23
78.37
69.61
75.84
88.77
76.30
84.11
112.30
93.55
88.68
113.44
130.10
102.63
93.15
86.39
85.53
88.67
123.15
133.10
137.46
140.33
116.30
106.66
99.09
107.96
103.81
121.64
113.57
131.75
109.65
129.50
92.08
113.43
121.24
67.61
71.79
107.52
100.40
133.98
215.22
78.14
276.87
89.07
129.69
107.24
110.08
115.15
100.67
100.49
97.23
94.51
78.89
84.55
131.57
93.05
103.98
97.25
89.29
119.12
115.93
136.14
109.22
103.91
91.09
89.68
94.51
104.01
102.84
107.89
93.27
131.41
111.55
116.98
120.17
85.01
106.61
95.36
93.71
94.98
111.23
107.48
110.98
91.57
124.70
119.62
134.60
115.35
107.24
89.21
113.49
96.04
113.48
86.07
105.53
98.58
126.43
125.91
114.95
111.24
105.87
113.53
106.77
91.08
102.83
104.36
91.63
93.02
98.06
97.78
90.60
92.26
81.62
101.96
94.77
100.55
98.87
107.91
109.12
55.36
89.14
106.43
97.85
92.29
100.74
87.83
103.66
97.57
107.62
101.44
135.09
159.22
103.86
99.73
87.13
90.45
93.54
100.55
109.10
96.83
84.53
74.81
97.07
93.96
115.52
113.38
110.54
108.73
82.33
99.56
99.02
77.79
98.85
97.38
83.53
111.07
83.49
106.62
88.94
106.40
93.77
85.80
95.13
97.82
69.18
81.96
84.08
78.48
103.65
80.48
109.25
69.46
75.50
85.16
81.18
99.65
96.01
83.36
105.44
116.68
118.54
126.58
99.41
90.26
102.29
96.93
108.53
121.45
124.89
100.16
81.55
92.62
120.32
85.30
90.62
94.73
81.52
103.94
104.75
119.69
127.73
129.05
92.10
94.02
141.82
125.59
116.36
121.73
168.32
120.04
153.63
112.44
112.67
99.26
96.27
98.93
92.13
125.12
72.61
66.74
83.74
78.37
85.82
112.74
85.59
64.93
87.16
73.27
89.04
98.24
100.75
77.06
78.15
91.60
86.57
81.60
101.30
78.33
87.38
107.96
93.16
95.76
122.63
87.94
59.04
75.05
94.43
86.98
107.22
115.37
141.58
114.90
104.68
95.72
83.86
82.12
95.53
91.25
84.74
91.78
2003
2004
2005
2006
2007
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
62.11
54.01
67.15
53.59
47.78
54.48
16.27
68.60
68.94
48.38
77.09
50.07
61.45
47.38
83.84
45.32
40.52
39.06
33.60
42.56
84.06
81.70
63.39
103.30
92.24
90.38
83.98
84.84
100.20
98.32
95.78
57.81
98.98
103.23
111.84
149.25
120.97
134.22
111.78
136.78
140.04
138.95
100.00
89.99
99.16
90.32
80.08
96.13
76.55
57.65
78.27
98.46
76.22
261.92
157.69
110.61
115.78
181.73
159.05
60.89
114.57
71.73
51.30
34.56
83.05
50.92
321.93
48.43
138.50
68.26
51.04
58.13
113.22
40.82
111.00
84.84
70.04
175.93
160.00
164.94
70.83
129.38
94.51
113.66
115.53
81.39
176.19
88.93
206.38
131.31
148.81
305.74
152.33
160.83
145.11
100.00
141.78
135.29
93.61
108.71
165.24
158.43
196.97
193.74
138.58
103.08
83.99
77.88
103.93
68.08
47.11
93.40
84.01
137.86
137.48
114.53
106.17
97.12
90.44
107.95
100.40
109.68
103.42
103.00
99.48
92.87
110.35
88.10
108.61
100.06
96.28
115.00
76.67
75.12
79.90
73.90
73.44
104.28
91.22
89.08
67.59
112.16
90.14
108.29
47.77
101.11
105.61
147.30
100.00
81.59
112.96
108.52
93.85
88.19
80.35
100.88
107.11
148.31
127.64
82.77
81.27
99.21
88.89
74.50
79.02
81.47
103.76
89.26
93.09
93.08
90.55
98.61
92.91
97.48
111.11
98.69
91.41
89.14
71.73
93.97
96.45
93.13
100.28
110.32
109.68
85.97
97.76
97.44
109.45
87.22
90.09
65.59
117.97
201.95
214.34
121.70
47.42
151.55
52.26
35.02
45.59
100.00
121.66
108.83
120.62
108.31
107.68
121.75
126.42
109.77
105.25
110.97
106.84
145.89
116.05
106.14
101.67
118.71
53.82
64.21
65.09
55.59
88.43
51.46
65.69
57.85
63.75
66.67
86.39
63.82
97.04
113.72
81.12
8.00
107.94
87.35
104.99
109.53
97.64
96.06
104.15
95.73
92.03
83.95
106.52
106.06
96.04
85.22
62.51
135.03
84.97
150.35
78.05
29.10
100.00
116.36
118.97
98.86
165.00
99.45
116.41
101.57
110.47
121.14
154.84
151.28
167.80
187.77
131.92
33.27
172.75
119.10
113.60
158.83
116.59
111.74
105.97
108.12
116.07
97.66
136.93
108.85
96.13
117.89
97.73
137.83
102.75
147.44
102.41
131.66
136.64
100.80
112.42
107.07
105.66
104.89
106.46
113.80
97.08
116.65
105.53
134.74
142.98
102.60
100.45
108.50
104.59
100.00
129.98
117.96
94.30
100.91
97.27
107.64
108.22
79.46
112.03
96.58
276.36
175.93
173.06
142.35
116.85
126.03
100.62
126.40
126.30
124.56
135.19
124.02
139.77
136.64
121.59
127.06
135.10
124.24
95.47
104.38
88.24
115.79
95.96
95.11
99.63
99.99
98.49
96.74
102.69
97.04
25.96
126.76
138.15
130.33
141.83
139.96
123.85
121.87
125.48
120.33
69.60
59.81
100.00
102.00
96.45
93.37
102.33
93.67
133.42
131.11
156.53
118.98
126.12
80.48
90.88
85.36
83.07
84.72
84.11
113.99
83.90
84.74
83.62
86.99
79.82
86.91
88.10
100.14
85.13
99.01
101.86
104.31
96.49
91.90
96.21
81.29
102.28
89.50
89.55
89.37
84.13
103.12
86.29
113.15
116.37
110.69
99.70
110.46
87.37
85.06
92.00
80.80
91.72
84.33
90.55
100.00
91.92
93.27
90.30
95.54
91.51
82.70
95.59
89.74
77.42
88.58
71.10
68.42
57.42
58.78
56.92
72.70
82.93
90.72
93.18
78.52
94.64
97.03
88.59
105.85
89.52
96.84
91.80
92.63
101.42
86.33
80.67
84.80
96.32
96.58
100.39
101.63
104.78
102.48
84.47
103.90
64.50
59.68
80.99
80.33
87.15
81.29
70.39
83.71
98.98
101.60
104.25
83.12
100.00
102.25
94.84
92.67
87.38
86.67
84.70
104.44
94.87
85.35
85.12
135.34
94.23
109.54
87.47
80.99
134.04
245.97
105.29
106.04
103.67
109.02
91.72
108.74
99.76
103.94
129.25
110.13
104.16
97.45
106.65
90.33
86.42
122.67
88.04
128.15
127.86
105.91
98.94
92.60
96.78
114.85
106.73
134.68
38.21
103.60
128.08
104.89
127.03
99.03
95.85
89.23
96.66
100.00
100.66
103.97
104.60
108.94
98.84
96.34
101.71
125.77
102.96
101.64
101.61
95.47
82.68
71.84
80.48
94.18
78.63
79.21
78.59
70.44
88.33
75.54
92.95
85.16
87.55
90.78
89.83
88.23
99.99
92.79
66.30
69.31
84.08
98.43
87.77
87.93
78.72
76.77
88.31
77.08
54.36
58.38
86.46
62.12
87.35
89.61
55.49
86.57
68.98
72.50
77.07
73.22
100.00
74.16
92.60
85.54
95.90
71.50
86.69
80.92
81.15
72.63
72.05
99.99
102.87
81.32
92.81
113.85
142.47
70.35
67.21
51.97
46.71
35.99
29.58
33.68
27.10
23.17
30.72
25.17
22.74
23.12
29.55
30.05
25.16
31.63
22.46
35.21
34.65
25.54
22.82
27.97
23.63
25.15
22.62
31.17
19.67
22.07
22.12
25.24
23.31
19.71
22.49
22.12
25.25
100.00
95.30
99.28
108.47
127.22
96.03
110.38
90.40
136.62
120.81
140.19
118.25
101.89
122.33
95.39
93.74
125.74
132.53
125.87
126.80
116.55
109.08
95.91
106.70
105.01
100.23
120.83
111.38
100.59
101.46
113.67
124.64
104.26
121.06
99.07
129.56
129.51
96.62
91.69
102.02
93.07
115.34
101.37
107.85
107.22
110.94
88.30
96.55
94.92
77.24
91.95
109.78
131.94
100.00
78.84
105.20
112.46
108.66
102.48
101.55
106.37
111.52
123.88
133.11
129.28
85.61
108.12
99.19
80.17
111.21
11.48
101.47
104.31
91.41
90.21
93.23
100.03
94.77
94.61
83.20
90.94
91.24
81.04
99.37
96.77
101.05
100.71
91.95
110.17
107.99
89.28
92.17
94.28
93.08
92.52
8.00
93.79
85.75
92.27
93.11
82.97
77.26
85.02
81.47
79.42
97.17
100.00
96.94
104.34
94.06
112.34
107.07
91.57
102.99
99.47
124.89
110.66
106.77
91.08
99.74
92.01
74.47
107.96
94.86
90.61
88.38
86.01
83.31
89.75
91.35
90.24
84.99
96.22
84.47
81.17
91.57
91.51
88.16
92.14
94.72
94.58
108.18
105.38
84.89
76.05
86.44
94.69
80.45
85.20
82.04
68.98
73.23
79.60
78.68
70.14
82.78
89.94
82.42
87.44
100.00
94.54
88.36
93.51
99.81
93.59
92.85
104.43
95.90
94.87
100.36
91.94
66.50
96.02
64.31
80.33
93.23
94.40
102.35
98.59
84.70
77.46
75.86
75.53
70.78
78.42
95.11
81.71
76.70
100.09
89.47
102.11
75.46
111.13
93.51
103.63
103.56
99.53
98.36
115.32
98.07
105.71
80.37
111.67
99.34
95.00
89.59
108.45
95.85
95.94
94.17
87.96
105.04
100.00
87.55
88.35
87.58
95.22
73.04
94.53
96.10
97.77
93.00
83.11
93.86
93.22
115.29
87.50
85.20
145.88
112.50
135.39
147.07
104.86
118.88
105.54
107.03
96.28
86.02
126.20
95.30
98.77
108.80
102.65
117.18
95.65
101.05
104.13
133.40
133.39
108.21
91.37
121.11
94.03
156.77
98.99
119.28
34.68
120.95
88.96
85.05
96.06
72.30
95.80
97.02
95.51
100.00
82.08
88.27
99.57
95.36
83.11
104.41
107.67
100.17
114.44
119.24
77.02
81.71
99.62
98.65
72.50
85.05
79.00
100.77
100.12
94.88
95.76
87.81
96.59
88.48
79.14
108.85
87.60
86.43
93.50
74.89
93.18
93.08
89.91
101.46
108.01
107.43
85.73
99.21
93.93
103.31
116.15
104.37
95.75
49.48
96.82
105.88
93.21
100.57
96.40
101.31
119.74
107.97
100.00
95.98
113.08
123.89
112.86
106.43
121.53
111.51
107.10
110.40
106.68
2007
2008
2009
2010
2011
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
54.71
86.43
74.15
79.85
54.41
95.80
72.29
72.10
96.43
73.12
86.91
89.33
96.58
61.13
86.43
75.86
64.11
55.05
79.66
84.53
88.55
93.27
67.62
85.78
82.77
59.15
96.51
74.84
70.02
57.28
59.73
112.85
97.93
88.16
101.55
105.90
108.64
78.13
96.96
96.78
26.68
35.46
25.04
56.29
48.38
45.36
39.82
53.23
48.08
105.00
107.54
158.48
145.79
403.26
128.24
182.13
93.77
136.32
122.18
102.27
146.13
146.98
114.70
157.01
148.10
135.11
206.48
129.83
191.46
102.57
109.09
111.75
133.32
149.99
382.31
101.47
149.28
137.37
144.30
116.50
245.54
282.99
259.04
205.63
243.18
181.82
89.70
87.15
98.82
74.22
76.90
119.17
81.36
77.02
43.13
48.75
40.18
86.47
140.06
104.89
81.74
74.93
110.42
118.81
124.97
116.65
146.76
98.01
120.94
92.76
82.12
134.11
89.35
90.22
84.37
105.26
108.72
109.52
109.67
128.79
103.08
150.96
101.06
116.53
104.70
99.87
70.16
99.01
68.73
119.60
44.48
109.56
83.46
65.83
111.07
54.53
77.62
86.18
56.41
59.87
50.29
44.52
57.01
74.73
33.87
52.21
57.25
70.23
118.63
121.75
118.15
109.86
106.52
116.89
133.02
132.10
104.31
106.14
111.12
113.25
64.74
106.77
118.39
111.39
106.59
121.46
126.31
120.47
100.08
113.34
120.95
116.17
83.13
88.36
166.27
136.62
128.25
109.65
152.87
129.52
124.34
76.30
136.85
132.93
112.51
106.45
90.49
133.70
83.76
87.62
101.32
122.71
188.48
189.71
209.78
175.09
Source: Central Bank of Nigeria and National Bureau of Statistics
114.34
104.52
118.63
96.14
110.12
119.93
97.74
123.08
123.65
109.18
106.69
115.95
109.29
107.04
99.55
123.29
116.94
107.81
123.12
94.77
151.18
104.00
151.78
149.37
115.42
160.13
183.36
132.99
107.55
103.64
93.61
52.48
95.96
47.03
60.01
69.20
55.21
50.55
56.94
55.08
68.05
40.97
44.57
28.92
42.20
57.92
60.91
56.93
65.95
74.89
105.37
109.83
122.70
90.56
110.90
91.73
40.31
123.12
94.55
89.80
89.33
90.47
94.70
100.61
106.31
29.99
107.89
107.28
123.75
99.77
94.45
96.32
89.59
111.61
103.89
114.97
129.02
88.52
66.36
95.94
114.38
109.92
91.27
135.90
109.05
124.61
97.60
106.55
102.82
157.52
108.43
115.60
81.54
75.43
130.95
134.29
102.13
136.05
115.09
94.51
135.48
112.74
193.67
117.79
117.50
122.77
104.29
97.38
95.62
100.59
94.94
169.81
117.73
122.31
117.61
96.99
125.27
111.21
174.20
117.45
124.02
122.53
117.83
742.97
150.58
157.78
509.38
387.64
443.83
150.02
146.17
147.04
203.61
153.82
159.88
239.97
257.30
221.59
127.56
208.47
286.54
94.61
108.74
103.88
236.28
118.78
151.85
91.20
108.08
86.70
91.50
93.82
76.63
96.08
84.52
87.70
87.32
81.55
99.82
83.37
97.44
89.98
85.00
93.16
115.42
92.95
87.92
96.80
77.35
108.29
86.99
85.36
91.52
101.82
95.47
83.26
60.71
69.94
183.29
132.73
142.27
158.95
132.51
226.32
115.08
107.14
146.58
310.72
186.21
125.94
348.52
189.19
222.07
145.99
217.51
129.17
82.10
93.08
84.70
103.76
102.09
88.08
94.03
87.83
89.05
89.85
86.83
87.65
82.46
85.67
78.74
80.77
97.19
102.14
94.74
97.05
91.65
82.99
85.59
84.64
85.86
99.63
89.89
88.40
69.60
74.50
63.11
84.51
40.19
71.23
56.56
65.19
60.76
42.45
69.34
64.58
64.86
52.56
99.79
41.34
27.72
65.26
36.97
26.02
71.41
120.59
117.17
96.34
105.94
99.74
103.14
125.24
109.88
101.31
112.29
98.53
89.34
92.47
118.92
94.55
95.61
105.34
106.27
105.09
128.26
108.35
100.51
112.65
106.03
92.38
135.96
325.14
139.84
121.20
96.92
98.51
134.04
167.43
115.62
107.83
107.94
70.92
113.91
106.49
153.64
183.44
127.12
113.73
396.62
187.81
243.23
217.02
180.68
210.61
80.09
86.01
86.69
76.94
77.93
87.43
83.51
85.12
73.33
96.56
72.66
72.52
87.04
77.55
82.75
85.91
76.52
80.12
91.59
84.27
82.42
69.40
94.65
75.66
71.57
78.03
86.01
73.26
71.30
66.17
50.68
106.02
50.77
117.19
91.88
104.08
112.12
86.92
161.44
144.99
111.58
73.66
117.96
46.45
81.85
69.24
60.35
66.98
107.22
128.31
99.60
110.38
88.78
101.50
99.59
137.61
106.79
120.34
123.13
135.85
107.51
116.39
133.52
112.99
118.59
95.80
89.63
97.29
121.67
111.13
133.57
129.63
120.98
109.54
98.38
99.60
106.60
100.57
109.03
79.24
59.94
60.78
61.11
61.40
68.21
59.28
60.94
69.96
58.29
102.55
68.63
50.85
61.80
52.09
58.86
57.67
96.10
45.37
135.64
109.94
101.55
95.31
99.57
99.10
119.46
110.21
105.59
115.72
134.96
101.25
100.43
127.45
100.76
104.10
94.95
104.15
99.89
119.13
103.55
128.84
112.63
127.16
104.95
104.27
109.94
106.36
83.01
94.65
71.39
154.35
89.02
95.28
73.91
110.33
166.37
119.02
122.81
176.64
192.51
169.41
174.69
57.90
31.37
37.32
134.99
76.43
87.40
105.35
92.47
91.54
91.28
101.37
96.99
102.44
90.74
132.47
113.22
118.16
110.33
84.87
100.51
88.18
88.24
94.19
106.67
100.69
102.42
86.57
110.28
105.64
128.94
103.62
98.89
102.52
113.84
80.86
98.87
77.59
66.87
63.84
28.09
117.58
62.16
68.83
66.41
70.70
66.02
57.16
74.94
89.62
45.09
48.30
96.63
48.77
65.40
66.96
91.59
87.57
92.49
101.48
93.81
38.28
97.84
88.61
95.80
95.12
93.71
95.26
48.17
100.12
78.64
96.83
108.43
100.23
90.39
97.84
88.61
100.12
95.12
95.80
99.81
118.73
140.24
86.35
79.61
77.52
68.28
86.14
79.50
67.42
87.03
42.73
70.79
110.74
99.06
90.71
83.72
56.05
57.71
111.68
118.41
123.15
89.07
121.70
118.17
111.78
80.82
94.53
100.91
75.52
173.46
88.70
86.54
95.92
92.05
80.62
83.36
179.99
83.11
102.90
101.56
104.03
75.52
95.61
88.70
86.54
83.11
92.05
95.92
95.22
73.77
75.68
94.65
80.97
70.28
49.31
96.59
75.23
96.45
104.73
72.29
59.95
83.15
79.78
67.75
24.76
72.73
107.02
105.46
125.43
105.31
92.32
102.98
107.48
109.20
85.78
104.41
108.21
87.82
41.03
103.49
90.95
101.44
100.48
116.37
87.81
57.12
119.24
101.77
124.87
110.88
87.82
88.13
103.49
90.95
119.24
100.48
101.44
95.36
83.94
88.24
97.98
96.53
82.00
66.92
108.47
121.58
115.94
74.35
95.56
86.25
85.60
100.67
104.50
186.48
113.32
169.85
117.37
116.91
177.87
136.12
164.00
142.62
69.12
116.86
121.55
95.93
111.90
52.62
107.16
123.99
110.43
112.72
106.55
106.49
61.96
66.18
118.49
121.67
95.85
111.53
112.94
107.19
124.01
106.55
112.95
110.40
115.75
85.60
90.70
160.25
132.03
116.89
109.45
111.08
97.74
73.63
75.27
87.46
111.43
102.78
98.19
92.52
99.64
84.97
92.80
113.18
115.72
134.31
133.87
143.78
144.59

2011 Statistical Bulletin - Section D - FinalWeb

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2011 Statistical Bulletin - Section D - FinalWeb

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Table D.1.

1: Foreign Trade (N' Million)

Exports & Re-Exports (fob)

Sources: National Bureau of Statistics and Central Bank of Nigeria

Table D.1.2: Value of Major Imports by S.I.T.C. Sections (N' Million)

Sources: NBS and CBN

Table D.2.1: Balance of Payments - Analytical Statement (N' Million)

Services and Income

Other Capital Short-term

(D) EXCEPTIONAL FINANCING*

(i) Promissory Notes(arrears)

(ii) Deferred/Resch. Debt Service

(iii) Change in Reserves

Source: Central Bank of Nigeria

Table D.2.1 (Continued): Balance of Payments - Analytical Statement (N' Million)

Services and Income

Unrequited Transfers (Net)

(i) Promissory Notes(arrears) -

(ii) Deferred/Resch. Debt Service

(iii) Change in Reserves**

Other Capital Long-term

Other Capital Short-term(Net)

Source: Central Bank of Nigeria

Table D.2.1: Balance of Payments - Analytical Statement (N' Million) - Continued

Investment income (debit)

Interest due on loans

Current Transfers (net)

(B) CAPITAL AND FINANCIAL ACCOUNT

OVERALL BALANCE =Total (A & B & C)

Current Account Balance as % of G.D.P

Capital Account Balance as % of G.D.P

Goods and Non Factor Services

Average Exchange Rate (N/$)

External Debt Stock ( N million)

Source: Central Bank of Nigeria

Table D.2.1: Balance of Payments (N' Million) - Continued

Table D.2.1: Balance of Payments (N' Million) - Continued

Source: Central Bank of Nigeria

Table D.2.1: Balance of Payments (US$' Million) - Continued

Table D.2.1: Balance of Payments (US$' Million) - Continued

Source: Central Bank of Nigeria

Table D.2.2.1: International Investment Position (N' Million)

Currency and Deposits

Direct investment in Reporting Economy

Equity Capital and Reinvested Earnings

Source: Central Bank of Nigeria

Table D.2.2.2: International Investment Position (US$' Million)

Source: Central Bank of Nigeria

Table D.2.3: External Reserves (US$' Million)

Source: Central Bank of Nigeria

Source: Central Bank of Nigeria

Source: Central Bank of Nigeria

Table D.3.3.1: Average Naira Cross Exchange Rates - Selling

Source: Central Bank of Nigeria

Notes: 1Autonomous Foreign Exchange Market (AFEM) commenced in 1995

Table D.3.4.1: Naira Official Cross Exchange Rates - End Period

Source: Central Bank of Nigeria

Table D.3.4.2: Naira Cross Exchange Rates - End Period

Source: Central Bank of Nigeria

Table D.3.4.3: Monthly Official Exchange Rate - End Period (N/US$1.00)

100.45 100.57 100.37 101.20 102.20

110.60 110.70 114.20 113.10 112.00

115.70 116.10 116.30 116.80 120.00