Nigerian Bureau Of Statistics – Quarterly Gdp Report Q1 2013.

Nigerian Bureau Of Statistics – Quarterly Gdp Report Q1 2013.

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Summary

On an aggregate basis, the economy when measured by the Real Gross Domestic Product (GDP), grew by 6.56 percent in the first quarter of 2013 as against 6.34 percent in the corresponding quarter of 2012, and 6.99 in the fourth quarter of 2012.This sector recorded an average daily production of 2.29 million barrels per day in the first quarter of 2013 based on data obtained from the Nigerian National Petroleum Corporation (NNPC) as against 2.35 million barrels per day in the corresponding quarter in 2012.The Non-oil sector continued to be a major driver of the economy in the first quarter of 2013 when compared with the corresponding quarter in 2012. The sector recorded 7.89 percent growth in real terms in the first quarter of 2013 compared with 8.14 percent in the corresponding period of 2012.

Source: Nigerian Bureau Of Statistics

Published: 2013

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