The rebasing exercise by Nigeria’s statistics office means that the economy is now estimated to be more than 30% larger than previously thought. While the national accounts data now better reflect the size and composition of the economy, it doesn’t change the fact that further progress on economic reforms is needed to lift GDP growth from current low rates and to tackle problems in the public finances.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services