SENSITIVE RISK for enterprise
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Swipe to view more
GDP | USD448.12bn (World Ranking 26, World Bank 2019) |
Population | 200.963mn (World Ranking 7, World Bank 2019) |
Form of state | Federal Republic |
Head of government | President Muhammadu Buhari |
Next elections |
2020, Gubernatorial |
(% of total)
Exports | Rank | Imports |
---|---|---|
India
24%
![]() |
1 |
![]() |
United States
9%
![]() |
2 |
![]() |
Spain
8%
![]() |
3 |
![]() |
France
6%
![]() |
4 |
![]() |
South Africa
5%
![]() |
5 |
![]() |
(% of total)
Exports | Rank | Imports |
---|---|---|
Petroleum, petroleum products and related materials
78%
|
1 |
12%
Petroleum, petroleum products and related materials
|
Gas, natural and manufactured
11%
|
2 |
11%
Road vehicles
|
Coffee, tea, cocoa, spices, and manufactures thereof
2%
|
3 |
6%
Other industrial machinery and parts
|
Other transport equipment
1%
|
4 |
5%
Telecommunication and sound recording apparatus
|
Metalliferous ores and metal scrap
1%
|
5 |
5%
Specialised machinery
|
01 April
The pace of vaccination campaigns will drive a multi-speed recovery, keeping divergence high.
11 March
Since the lows of May 2020, commodity prices have increased to record highs.
08 February
After a year of low oil prices and low demand, the hit to profitability will continue in 2021 and 2022.