The Gross Domestic Product (GDP) in Nigeria was worth 432.30 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Nigeria represents 0.38 percent of the world economy. source: World Bank

GDP in Nigeria averaged 134.82 USD Billion from 1960 until 2020, reaching an all time high of 546.70 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 July of 2022.

GDP in Nigeria is expected to reach 440.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 445.00 USD Billion in 2022 and 450.00 USD Billion in 2023, according to our econometric models.

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Nigeria GDP



Related Last Previous Unit Reference
GDP 432.30 448.10 USD Billion Dec 2020
GDP per capita 2396.04 2502.65 USD Dec 2020
GDP per capita PPP 4916.72 5135.50 USD Dec 2020
GDP From Public Administration 283590.67 440437.08 NGN Millions Mar 2022
GDP From Mining 1150851.86 1054721.28 NGN Million Mar 2022
GDP From Manufacturing 1768820.22 1719788.87 NGN Million Mar 2022
GDP From Construction 725998.76 702725.62 NGN Million Mar 2022
GDP From Agriculture 3879731.92 5456895.81 NGN Million Mar 2022
GDP From Utilities 71775.44 128310.96 NGN Million Mar 2022
GDP From Transport 191448.27 335660.13 NGN Millions Mar 2022
GDP From Services 8147459.17 6545197.45 NGN Millions Dec 2021

Nigeria GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
432.30 448.10 546.70 4.20 1960 - 2020 USD Billion Yearly
Current USD
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