GDP Constant Prices in Nigeria decreased to 16826890.29 NGN Million in the first quarter of 2021 from 19550147.90 NGN Million in the fourth quarter of 2020. source: National Bureau Of Statistics, Nigeria

GDP Constant Prices in Nigeria averaged 16353330.75 NGN Million from 2010 until 2021, reaching an all time high of 19550147.90 NGN Million in the fourth quarter of 2020 and a record low of 12583478.33 NGN Million in the first quarter of 2010. This page provides - Nigeria GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Constant Prices - values, historical data and charts - was last updated on June of 2021.

GDP Constant Prices in Nigeria is expected to be 16820012.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Nigeria to stand at 17230736.00 in 12 months time. In the long-term, the Nigeria GDP Constant Prices is projected to trend around 20499796.00 NGN Million in 2022 and 21032791.00 NGN Million in 2023, according to our econometric models.

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Nigeria GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
16826890.29 19550147.90 19550147.90 12583478.33 2010 - 2021 NGN Million Quarterly
Constant Prices, NSA

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate -13.90 9.68 12.12 -14.27 percent [+]
GDP Annual Growth Rate 0.51 0.11 6.88 -6.10 percent [+]
GDP 448.10 398.20 568.50 4.20 USD Billion [+]
GDP Constant Prices 16826890.29 19550147.90 19550147.90 12583478.33 NGN Million [+]
Gross Fixed Capital Formation 2944319.35 2396979.75 3108123.30 17236.65 NGN Million [+]
GDP per capita 2386.90 2396.00 2563.90 1145.80 USD [+]
GDP per capita PPP 5135.50 5155.10 5516.40 2901.80 USD [+]
GDP From Agriculture 3760880.60 5268290.12 5484063.93 2594759.86 NGN Million [+]
GDP From Construction 692520.88 679254.80 752833.66 369190.91 NGN Million [+]
GDP From Manufacturing 1670393.69 1681421.10 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1556073.55 1147137.70 2406675.90 1147137.70 NGN Million [+]
GDP From Public Administration 278241.06 435517.94 614330.87 278241.06 NGN Millions [+]
GDP From Services 6836847.32 7707176.57 7707176.57 4564086.31 NGN Millions [+]
GDP From Transport 231805.43 258748.42 296779.23 118654.96 NGN Millions [+]
GDP From Utilities 394015.61 118494.67 394015.61 51342.43 NGN Million [+]