Nigeria Population in Nigeria

International Monetary Fund · Annual · Importance

121,347,000 (1999) ANUAL · inhabitants · Annual · CSV
Periodinhabitants
Jan 1999 121,347,000
Jan 1998 117,898,000
Jan 1997 114,547,000
Jan 1996 111,291,000
Jan 1995 108,128,000
Jan 1994 105,054,000
Jan 1993 102,068,000
Jan 1992 99,167,000
Jan 1991 96,348,000
Jan 1990 93,609,000

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually, referring to a specific date in the year.
What it is
Measures the number of inhabitants of Nigeria and how it changes over time. Published by the National Bureau of Statistics (NBS), it is a structural indicator underpinning GDP per capita, population density and a range of per-head ratios.
How it's calculated
Estimated from the population census and from demographic projections based on births, deaths and migration. It is reported as a population level at an annual reference date.
Market implications
As Africa's most populous country, Nigeria's demographics underpin a huge domestic market and a very young workforce, but also intense pressure on jobs and public services. It frames the long-run outlook for growth and demand.
Limitations
It is a low-frequency series with high uncertainty: the lack of recent, reliable censuses forces reliance on projections with wide revision margins.