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Nigeria

Nigeria Labor Stats

Definitions

  • Employment rate > Adults: Employment to population ratio is the proportion of a country's population that is employed. Ages 15 and older are generally considered the working-age population.
  • Expense > Current LCU: Expense (current LCU). Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.
  • GNI > Current US$: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GNI per capita > Constant LCU: GNI per capita (constant LCU). GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force > By occupation: Component parts of the labor force by occupation.
  • Labor force > By occupation > Agriculture: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force > By occupation > Industry: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force > By occupation > Services: This entry lists the percentage distribution of the labor force by occupation. The distribution will total less than 100 percent if the data are incomplete.
  • Labor force, total: Labor force, total. Total labor force comprises people ages 15 and older who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector.
  • Labor force, total per 1000: Labor force, total. Total labor force comprises people ages 15 and older who meet the International Labour Organization definition of the economically active population: all people who supply labor for the production of goods and services during a specified period. It includes both the employed and the unemployed. While national practices vary in the treatment of such groups as the armed forces and seasonal or part-time workers, in general the labor force includes the armed forces, the unemployed, and first-time job-seekers, but excludes homemakers and other unpaid caregivers and workers in the informal sector. Figures expressed per thousand population for the same year.
  • Salaries and benefits > Hourly minimum wage: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for).
  • Salaries and benefits > Minimum wage: Minimum wage.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Unemployment rate: The percent of the labor force that is without jobs. Substantial underemployment might be noted.
STAT AMOUNT DATE RANK HISTORY
Employment rate > Adults 51.8 2008 120th out of 165
Expense > Current LCU 1.77 trillion 2008 23th out of 118
GNI > Current US$ $241.30 billion 2012 40th out of 176
GNI per capita > Constant LCU 4,776.98 2012 90th out of 106
Hours worked > Standard workweek 40 hours 2014 149th out of 183
Labor force 48.33 million 2010 11th out of 116
Labor force > By occupation agriculture 70%, industry 10%, services 20% 1999
Labor force > By occupation > Agriculture 70% 1999 2nd out of 17
Labor force > By occupation > Industry 10% 1999 16th out of 17
Labor force > By occupation > Services 20% 1999 16th out of 17
Labor force, total 52.64 million 2012 13th out of 182
Labor force, total per 1000 311.8 2012 173th out of 182
Salaries and benefits > Hourly minimum wage $0.77 2012 112th out of 148
Salaries and benefits > Minimum wage 18,000 naira per month ($115). 2014
Unemployment rate 4.9% 2007 62nd out of 96

SOURCES: International Labour Organisation, Key Indicators of the Labour Market database.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; World Bank national accounts data; Wikipedia: List of minimum wages by country (Countries) ("Country Reports on Human Rights Practices for 2013" . State.gov . Retrieved 2014-03-04 .); CIA World Factbooks 18 December 2003 to 28 March 2011; All CIA World Factbooks 18 December 2003 to 18 December 2008; International Labour Organization, Key Indicators of the Labour Market database.; International Labour Organization, Key Indicators of the Labour Market database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries)

Citation

"Nigeria Labor Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Nigeria/Labor

NationMaster
Nigeria ranked first for labor force, total amongst Sub-Saharan Africa in 2012.
Nigeria ranked first for GNI > current US$ amongst Failed states in 2012.

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