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World/Forecast/Nigeria

Forecast

Nigeria — macro forecast

Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Forecast

Forward projections

Need it as JSON? GET /api/v1/forecast/country/{iso3}.

Forecast heldDerivedledger 51018ed
Real GDP growth — 2026 baseline projection
4.75

Nigeria: forward projections across 14 macro indicators, horizons 1961, 1963, 1965, 1970, 2026, 2028, 2030, 2035. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Weak track record · +7%

Nowcast

Where the data already points

Each indicator nowcast from its strongest leading series — inferable from observations already in hand.

Leading-indicator nowcastDerived

For each indicator, Nigeria's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.

CPI inflation

high confidence

Led by Govt debt / GDP by 2 years (it moves withthe target; r = 0.761 over 34 obs).

YearNowcastImplied by Govt debt / GDP in
202631.632024 (39.3)

Latest observed7(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
20265.8211.610.034.55 – 7.1
20287.8617.89-2.175.44 – 10.28
20309.922.85-3.056.47 – 13.34
20351530-3.318.87 – 21.14

Blended 1-yr-ahead7.13· skill-weighted across models

Track record±1.18typical miss · 1 realized · 17% MAPE

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed9.24(1960)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
19619.249.738.828.96 – 9.53
19639.249.738.828.56 – 9.93
19659.249.738.828.19 – 10.29
19709.249.738.827.32 – 11.16

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Below naive baseline · 0%

Latest observed290.8bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026209.3bn513.5bn0169.7bn – 248.8bn
202821.5bn548.4bn00 – 85.2bn
20300680.3bn00 – 81bn
20350962.1bn00 – 114.5bn

Blended 1-yr-ahead358.4bn· skill-weighted across models

Track record±177.4bntypical miss · 1 realized · 46% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Below naive baseline · -8%

Latest observed4.01(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20264.7511.14-0.793.61 – 5.89
20286.4812-3.114.33 – 8.63
20308.2112-4.175.17 – 11.25
20351212-5.56.71 – 12

Blended 1-yr-ahead4.46· skill-weighted across models

Track record±0.55typical miss · 1 realized · 13% MAPE

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Below naive baseline · -1%

Latest observed1.2k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026846.552.2k0667.74 – 1k
202802.4k00 – 286.28
203003.1k00 – 369.61
203504.4k00 – 522.75

Blended 1-yr-ahead1.4k· skill-weighted across models

Track record±747.46typical miss · 1 realized · 47% MAPE

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Below naive baseline · -8%

Latest observed34.6(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202638.6643.3433.2737.33 – 40
202843.7951.8834.4540.44 – 47.14
203048.9259.3636.8743.36 – 54.47
203561.7476.5144.6948.93 – 74.54

Blended 1-yr-ahead36.03· skill-weighted across models

Track record±4.06typical miss · 1 realized · 12% MAPE

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed16.92(1960)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
196116.9217.7516.116.4 – 17.45
196316.9217.7516.115.67 – 18.18
196516.9217.7516.115 – 18.85
197016.9217.7516.113.41 – 20.44

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Weak track record · +7%

Latest observed23.01(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202617.9631.133.8614.76 – 21.17
20283.6426.45-5-1.59 – 8.87
2030-524.44-5-5 – 1.93
2035-536.64-5-5 – 5.03

Blended 1-yr-ahead13.27· skill-weighted across models

Track record±2.36typical miss · 1 realized · 15% MAPE

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Total population

Strong track record · +91%

Latest observed237.5m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2026236.3m247.4m225.9m228.9m – 243.6m
2028241.6m253m231m223.7m – 259.5m
2030246.9m258.6m236.1m218.9m – 275m
2035260.3m272.6m248.9m206.3m – 314.3m

Blended 1-yr-ahead246.9m· skill-weighted across models

Track record±6.3mtypical miss · 1 realized · 3% MAPE

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Weak track record · +1%

Latest observed1.13(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20261.918.93-3.361 – 2.82
20283.8415-5.282.14 – 5.55
20305.7815-63.36 – 8.21
203510.6215-6.046.15 – 15

Blended 1-yr-ahead0.48· skill-weighted across models

Track record±0.51typical miss · 1 realized · 45% MAPE

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Weak track record · +12%

Latest observed43bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202644.4bn53bn35.8bn42.4bn – 46.4bn
202847.7bn62.7bn32.7bn43.1bn – 52.3bn
203051bn70.4bn31.7bn44bn – 58.1bn
203559.3bn86.6bn32bn45.6bn – 73bn

Blended 1-yr-ahead43.2bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Below naive baseline · -3%

Latest observed7.12(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20266.819.763.866.25 – 7.37
20286.4411.551.345.35 – 7.54
20306.2612.8604.75 – 7.78
20356.1215.4503.71 – 8.53

Blended 1-yr-ahead7.12· skill-weighted across models

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Weak track record · +11%

Latest observed46bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202647.8bn56.6bn39bn45.7bn – 49.9bn
202852bn67.3bn36.7bn47.2bn – 56.8bn
203056.2bn75.9bn36.5bn48.7bn – 63.8bn
203566.8bn94.7bn39bn51.9bn – 81.8bn

Blended 1-yr-ahead46.4bn· skill-weighted across models

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Below naive baseline · -5%

Latest observed3.06(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.463.621.32.25 – 2.68
20281.263.2600.89 – 1.62
20300.052.6400 – 0.53
203503.6600 – 0.72

Blended 1-yr-ahead2.75· skill-weighted across models

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.

Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/forecast/country/NGA · Country page → · Full brief → · API docs

2027
28.95
2025 (36.1)

Fit: CPI inflation ≈ -1.3297 + 0.8388·Govt debt / GDP. Correlation, not causation.

GDP (current US$)

low confidence

Led by Govt debt / GDP by 3 years (it moves inversely tothe target; r = -0.597 over 33 obs).

YearNowcastImplied by Govt debt / GDP in
2026219.2bn2023 (36.3)
2027195.7bn2024 (39.3)
2028220.8bn2025 (36.1)

Fit: GDP (current US$) ≈ 503100429538.8438 + -7820709576.5383·Govt debt / GDP. Correlation, not causation.

Machine-readable: GET /api/v1/nowcast/country/NGA?indicator= · API docs