Nigeria GDP: $550 Billion

GROSS DOMESTIC PRODUCT (CONSTANT PRICES: 2015)

Real GDP in Nigeria is estimated to be $550 billion US dollars at the end of 2023.

The economy of Nigeria has grown at an average annual growth rate of 2.0% in the last four years and is ranked the 2nd largest economy in Africa, ahead of South Africa.

World Economics Rates Nigeria's Offical GDP Data as E

Real GDP (US$): Nigeria


Source: World Bank, World Economics
Notes: 2010 Constant Prices
0 0 0 Nigeria|#FE1800|119353851375.661, 125790318708.731, 139829366789.542, 132519440485.581, 144502314400.015, 153207304114.788, 144376192434.583, 154135201449.058, 160616326249.74, 139530806900.194, 130037983589.582, 115832523685.836, 114540269158.565, 121313066725.654, 121387001306.819, 125271537649.302, 134458984149.194, 137039764741.604, 153178781519.729, 153727701669.909, 160847128147.16, 157573698042.042, 154713854416.779, 154601431955.451, 161088390613.199, 165819716799.187, 170099945042.359, 171093544569.026, 179675485138.399, 190308113745.181, 219480740883.585, 235606418838.655, 257401327803.401, 273974154829.826, 290575421565.98, 309727626397.65, 330679067370.794, 357255496343.036, 385856142118.692, 406337093677.543, 423525401317.249, 451780201313.18, 480286260958.304, 493026782401.561, 485055185442.129, 488964180279.005, 498365774952.982, 509371830634.38, 500232410862.672, 518476820025.41, 534005200785.171, 549704953688.255 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Nigeria 2020 2021 2022 2023
Real GDP (US$ Billions, 2010) 500 518 534 550
Real GDP per Capita (US$, 2010) 2,401 2,430 2,502 2,576
Current GDP (Billions, US$) 432 441 454 467
Current GDP per Capita (US$) 2,075 2,066 2,128 2,190
Real GDP PPP (Billions, 2017) 1,014 1,050 1,084 1,116
Real GDP per Capita PPP (int$ 2017) 4,917 4,969 5,000 5,024
GDP Annual Growth Rate (%) -1.8 3.6 3.2 3.0
GDP per Capita Annual Growth Rate (%) -4.2 1.2 3.2 3.0
Data Quality Rating for Nigeria See how much you can trust Nigeria's GDP Data





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