The Gross Domestic Product (GDP) in Nigeria was worth 440.83 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Nigeria represents 0.20 percent of the world economy. source: World Bank

GDP in Nigeria averaged 141.38 USD Billion from 1960 until 2021, reaching an all time high of 574.18 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 March of 2023.

GDP in Nigeria is expected to reach 454.05 USD Billion by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 469.04 USD Billion in 2024 and 482.64 USD Billion in 2025, according to our econometric models.

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Nigeria GDP

Related Last Previous Unit Reference
GDP 440.83 432.20 USD Billion Dec 2021
GDP per Capita 2429.59 2401.18 USD Dec 2021
GDP per Capita PPP 4922.63 4865.09 USD Dec 2021
GDP from Public Administration 446756.76 389183.23 NGN Millions Dec 2022
GDP from Mining 913547.58 1073896.57 NGN Million Dec 2022
GDP from Manufacturing 1768537.63 1628911.93 NGN Million Dec 2022
GDP from Construction 729456.27 629359.11 NGN Million Dec 2022
GDP from Agriculture 5568554.89 5625362.33 NGN Million Dec 2022
GDP from Utilities 145772.50 106384.37 NGN Million Dec 2022
GDP from Transport 338278.48 254927.74 NGN Millions Dec 2022
GDP from Services 7048423.11 7188064.97 NGN Millions Sep 2022

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
440.83 432.20 574.18 4.20 1960 - 2021 USD Billion Yearly
Current USD
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