The Gross Domestic Product (GDP) in Nigeria was worth 440.78 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Nigeria represents 0.05 percent of the world economy. source: World Bank

GDP in Nigeria averaged 139.76 USD Billion from 1960 until 2021, 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 December of 2022.

GDP in Nigeria is expected to reach 445.00 USD Billion by the end of 2022, 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 2023 and 450.00 USD Billion in 2024, according to our econometric models.

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Nigeria GDP



Related Last Previous Unit Reference
GDP 440.78 432.29 USD Billion Dec 2021
GDP per Capita 2421.62 2396.04 USD Dec 2021
GDP per Capita PPP 4969.22 4916.72 USD Dec 2021
GDP from Mining 1073896.57 1093607.39 NGN Million Sep 2022
GDP from Services 7048423.11 7188064.97 NGN Millions Sep 2022
GDP from Public Administration 389183.23 375594.90 NGN Millions Sep 2022
GDP from Manufacturing 1628911.93 1495122.06 NGN Million Sep 2022
GDP from Construction 629359.11 554110.90 NGN Million Sep 2022
GDP from Utilities 106384.37 179909.27 NGN Million Sep 2022
GDP from Transport 254927.74 318160.43 NGN Millions Sep 2022
GDP from Agriculture 5625362.33 4017423.67 NGN Million 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
440.78 432.29 546.70 4.20 1960 - 2021 USD Billion Yearly
Current USD
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