World Bank2014-09-082014-09-082014-07https://hdl.handle.net/10986/19980The Nigerian Economic Report (NER) is a regular publication of the World Bank. Each edition of the NER includes a macroeconomic overview and gives special attention to an additional topic of high policy relevance. In addition to macroeconomic performance, this edition of the NER focuses on recent releases of new statistical information. First, newly re-based Gross Domestic Product figures indicate a larger, more diversified, and complex economy in Nigeria than was hitherto reported, with significant contributions to growth coming from manufacturing and some services not captured in previous data. Second, Chapter 2 provides an analysis of recent NBS GHS household survey data, which supports the hypothesis that the larger NBS HNLSS survey of 2009/2010 may have underestimated consumption.en-USCC BY 3.0 IGOACCOUNTANTAGRICULTURAL GROWTHAGRICULTURAL PRODUCTIVITYAGRICULTUREANNUAL GROWTHAUCTIONSAVERAGE LEVELBALANCE OF PAYMENTSBANKING CRISISBANKING SECTORBASE YEARBASIC EDUCATIONBENCHMARKCAPITAL ACCOUNTCAPITAL ALLOCATIONSCAPITAL FLOWSCENTRAL BANKCENTRAL REGIONCOMMERCIAL BANKSCOMMERCIAL CREDITCOMMODITY PRICESCONSUMER PRICE INDEXCONSUMPTION DATACONSUMPTION GROWTHCONSUMPTION PER CAPITACREDIT EXPANSIONCURRENCYDEBT SERVICEDEFLATORSDEVELOPED COUNTRIESDEVELOPING COUNTRIESDOMESTIC BORROWINGDOMESTIC MARKETECONOMIC GROWTHECONOMIC OUTLOOKECONOMICSEXCHANGE RATEEXCHANGE RATESEXPENDITUREEXPORT PERFORMANCEEXPORTERSEXPORTSEXTERNAL DEBTFEDERAL BUDGETFEDERAL BUDGET DEFICITFISCAL POLICYFOOD INDUSTRYFOOD PRICEFOOD PRICESFOREIGN INVESTMENTGDPGDP PER CAPITAGINI INDEXGOVERNMENT BUDGETGOVERNMENT BUDGET DEFICITSGOVERNMENT BUDGETSGOVERNMENT DEBTGOVERNMENT EXPENDITURESGOVERNMENT REVENUESGROSS DOMESTIC PRODUCTGROSS NATIONAL PRODUCTGROWTH RATEGROWTH RATESHIGH POVERTYHOUSEHOLD BUDGETHOUSEHOLD SURVEYHOUSEHOLD SURVEYSHOUSINGIMMUNIZATIONIMPACT ON POVERTYIMPACT ON POVERTY REDUCTIONINCOMEINCOME DISTRIBUTIONINCOME GROUPSINCOME INEQUALITYINCREASING INEQUALITYINEQUALITYINEQUALITY MEASURESINFLATIONINFLATION RATEINSURANCEINTEREST RATEINTEREST RATE POLICYINTEREST RATESINTERNATIONAL MARKETINTERNATIONAL STANDARDSINVESTINGINVESTMENT FLOWSINVESTOR CONFIDENCELABOR FORCELABOR MARKETLIVING STANDARDSMACRO-REGIONMACROECONOMIC MANAGEMENTMACROECONOMIC PERFORMANCEMACROECONOMIC POLICYMACROECONOMIC RISKMACROECONOMIC RISKSMACROECONOMIC STABILITYMACROECONOMIC UNCERTAINTYMARKET PRICEMEDIUM TERMMONETARY FUNDMONETARY POLICIESMONETARY POLICYNATIONAL ACCOUNTSNATIONAL INCOMENATIONAL POVERTYNATIONAL POVERTY LINENATIONAL POVERTY RATENEGATIVE SHOCKOIL PRICESOUTPUT GROWTHPENSIONPER CAPITA CONSUMPTIONPOLICY STANCEPOORPOOR PEOPLEPORTFOLIOPORTFOLIO CAPITALPORTFOLIO INFLOWSPORTFOLIO INVESTMENTPOVERTY GAPPOVERTY LINEPOVERTY RATESPOVERTY REDUCTIONPOVERTY SEVERITYPOVERTY UPDATEPUBLIC SECTORPURCHASING POWERRAPID GROWTHRECURRENT EXPENDITURERECURRENT EXPENDITURESREGIONAL LEVELRESERVERESERVESRETURNRURALRURAL AREASRURAL POPULATIONSRURAL POVERTYRURAL POVERTY REDUCTIONSHORT-TERM CAPITALSOVEREIGN DEBTSTANDARD DEVIATIONSWAPTAXTELECOMMUNICATIONSUNEMPLOYMENTUNEMPLOYMENT RATEURBAN AREASURBAN GROWTHVALUE ADDEDWARRANTSWEALTHWELFARE IMPROVEMENTSNigeria Economic Report, No. 2, July 201410.1596/19980