The Gross Domestic Product (GDP) in Nigeria was worth 410 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Nigeria represents 0.34 percent of the world economy.
GDP in Nigeria averaged 130.01 USD Billion from 1960 until 2019, reaching an all time high of 568.50 USD Billion in 2014 and a record low of 4.20 USD Billion in 1960. This page provides the latest reported value for - Nigeria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria GDP - values, historical data and charts - was last updated on June of 2020. source: World Bank
GDP in Nigeria is expected to reach 420.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 450.00 USD Billion in 2021 and 480.00 USD Billion in 2022, according to our econometric models.