Year
2023
Population
223804632
Population, Rural
45.72
Population, Female
49.45
Working age population
54.25
Working age population, Male
61390502
Working age population, Female
60027581
Age dependency ratio
84.33
GDP per capita (constant 2015 US$)
2460.39
Real GDP growth (inflation-adjusted)
2.95
GDP at current market prices
415691.04
Inflation rate
24.53
External debt outstanding (% of GDP)
28.56
Current account balance (% of GDP)
0.5
Fiscal balance (% of GDP)
-5.19
Mobile phone ownership
48.47
Handset affordability
33.12
Mobile connectivity index
52.63
Network coverage
77.5
Mobile Data Affordability
43.28
Financial inclusion rate
74
Financial inclusion rate, Female
70
Financial inclusion rate, Male
79
Financial inclusion rate, Youth
71
Financial inclusion rate, Rural
63
Financial inclusion rate, Urban
83
Financial exclusion rate
26
Banked
52
Other formal (non-bank)
12
Informal only
10
Mobile money prevalence
Medium
Remittance costs as % of remittance amount
4.9
Mobile money regulatory index
84.34
Financial Inclusion strategy index
100
Regulatory Sandbox
Yes
Gender, Youth & Vulnerable Groups Inclusion,
Yes
Interoperability solutions
No
Policy enablement to offer mobile money services
56.25
KYC requirement
60
Consumer price index (2010 = 100)
525
Population ages 15 and above, female
63 509 765
Population ages 15 and above, male
64 590 497
Population ages 15 and above, total
128 100 261
Population, female (primary + secondary)
41374251
Population, male
113 132 890
Population, male (primary + secondary)
42748245
Population, youth (15-24)
44498824
Urban population
121 487 868