GDP Constant Prices in Nigeria increased to 19041437.59 NGN Million in the fourth quarter of 2018 from 18081342.10 NGN Million in the third quarter of 2018. GDP Constant Prices in Nigeria averaged 3910066.71 NGN Million from 1981 until 2018, reaching an all time high of 19041437.59 NGN Million in the fourth quarter of 2018 and a record low of 56260.04 NGN Million in the third quarter of 1984.

GDP Constant Prices in Nigeria is expected to be 16267802.00 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 17077923.00 in 12 months time. In the long-term, the Nigeria GDP Constant Prices is projected to trend around 18294298.00 NGN Million in 2020, according to our econometric models.

Nigeria GDP Constant Prices
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Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.30 9.50 10.59 -13.98 percent [+]
GDP Annual Growth Rate 2.40 1.81 19.17 -7.81 percent [+]
GDP 375.77 404.70 568.50 4.20 USD Billion [+]
GDP Constant Prices 19041437.59 18081342.10 19041437.59 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2494431.00 2129258.00 2876293.00 17236.65 NGN Million [+]
GDP per capita 2412.41 2455.90 2563.10 1089.10 USD [+]
GDP per capita PPP 5338.45 5434.70 5671.90 2750.10 USD [+]
GDP From Agriculture 4978775.48 5288339.21 5288339.21 2594759.86 NGN Million [+]
GDP From Construction 662431.53 544228.74 747860.30 369190.91 NGN Million [+]
GDP From Manufacturing 1686416.37 1599043.51 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1344156.80 1696606.69 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 427538.21 365540.65 614330.87 358496.20 NGN Millions [+]
GDP From Services 6068482.62 6331541.15 7087965.28 4564086.31 NGN Millions [+]
GDP From Transport 277338.67 221416.44 277338.67 144848.60 NGN Millions [+]
GDP From Utilities 104510.68 111806.01 126320.85 51342.43 NGN Million [+]


Nigeria GDP Constant Prices

This page provides - Nigeria GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Constant Prices - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
19041437.59 18081342.10 19041437.59 56260.04 1981 - 2018 NGN Million Quarterly
Constant Prices, NSA




Country Last Previous
Turkey 450961520.00 Dec/18
Mexico 18614517.00 Dec/18
South Africa 3161721.00 Dec/18
Indonesia 2638894.30 Dec/18
Canada 2063439.00 Dec/18
Saudi Arabia 682514.00 Dec/18
Argentina 679263.00 Dec/18
France 573345.00 Dec/18
Japan 535333.30 Dec/18
United Kingdom 511482.00 Dec/18
Australia 461547.00 Dec/18
South Korea 404060.60 Dec/18
Italy 402822.50 Dec/18
Spain 306236.00 Dec/18
Brazil 295810.87 Dec/18
China 213433.00 Mar/19
Netherlands 187451.20 Dec/18
Switzerland 175308.33 Dec/18
Singapore 111108.10 Dec/18
India 35001.62 Dec/18
Russia 24553.50 Dec/18
United States 18765.26 Dec/18
Euro Area 2651.45 Dec/18
Germany 744.78 Dec/18


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