GDP Growth Rate in Nigeria averaged 1.01 percent from 2010 until 2021, reaching an all time high of 12.12 percent in the third quarter of 2020 and a record low of -14.27 percent in the first quarter of 2020. This page provides - Nigeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
GDP Growth Rate in Nigeria is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Nigeria to stand at -15.30 in 12 months time. In the long-term, the Nigeria GDP Growth Rate is projected to trend around 4.00 percent in 2022 and 6.00 percent in 2023, according to our econometric models.