Nigeria GDP Data: Value, Growth Rate, Per Capita and Structure
Nigeria GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 477 USD Billion | 2022 |
GDP Annual Growth Rate | 2.51 % | 2Q/23 |
GDP Growth Rate | -15.65 % | 1Q/23 |
GDP per capita | 2450 USD | 2022 |
GDP Constant Prices | 17719336 NGN Million | 23.206 B USD | 2Q/23 |
GDP per capita PPP | 4963 USD | 2022 |
GDP From Agriculture | 4077716 NGN Million | 5.34 B USD | 2Q/23 |
GDP From Construction | 573058 NGN Million | 0.751 B USD | 2Q/23 |
GDP From Manufacturing | 1528006 NGN Million | 2.001 B USD | 2Q/23 |
GDP From Mining | 946739 NGN Million | 1.24 B USD | 2Q/23 |
GDP From Public Administration | 383786 NGN Million | 0.503 B USD | 2Q/23 |
GDP From Services | 7576045 NGN Million | 9.922 B USD | 2Q/23 |
GDP From Transport | 157034 NGN Million | 0.206 B USD | 2Q/23 |
GDP From Utilities | 199723 NGN Million | 0.262 B USD | 2Q/23 |
- GDP
- Annual Growth
- Growth Rate
- per capita
- GDP CP
- per capita PPP
- Agriculture
- Construction
- Manufacturing
- Mining
- Public adm.
- Services
- Transport
- Utilities
Latest data on GDP Value (USD Billion)
What is Nigeria GDP Value?
- The volume of Gross Domestic Product in Nigeria increased to 477 USD Billion in 2022. The maximum volume was 547 USD Billion and minimum was 4.2 USD Billion.
- Data published Yearly by World Bank.
Historical Data (USD Billion) by years
Data
Period
Date
477 | 2022 | 30.06.2023 |
441 | 2021 | 06.07.2022 |
432 | 2020 | 02.07.2021 |
448 | 2019 | 06.03.2020 |
397 | 2018 | 04.07.2019 |
375.8 | 2017 | 06.07.2018 |
405 | 2016 | 19.06.2018 |
Historical Chart by presidents (USD Billion)
GDP Value in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Muhammadu Buhari | 29.05.2015 - | 405.1000 | 405.0000 | 405.1000 | 405.0000 | -0.02% |
Latest data on GDP Annual Growth Rate (%)
What is annual GDP growth rate in Nigeria?
- GDP Annual Growth Rate in Nigeria increased by 2.51 % in the second quarter of 2023. The maximum growth was 6.88 % and minimum was -6.1 %
- Data published Quarterly by National Bureau of Statistics.
Historical Data (%) by years
Data
Period
Date
2.51 | 2Q/23 | 25.08.2023 |
2.31 | 1Q/23 | 24.05.2023 |
3.52 | 4Q/22 | 22.02.2023 |
2.25 | 3Q/22 | 24.11.2022 |
3.54 | 2Q/22 | 26.08.2022 |
3.11 | 1Q/22 | 23.05.2022 |
3.98 | 4Q/21 | 17.02.2022 |
4 | 3Q/21 | 18.01.2022 |
Historical Chart by YoY presidents (%)
GDP Annual Growth Rate in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Muhammadu Buhari | 29.05.2015 - | 1.9400 | 1.9400 | 1.9400 | 1.9400 | 0.00% |
Latest data on GDP Growth Rate (%)
What is Nigeria GDP Growth Rate 2024?
- GDP Growth Rate in Nigeria decreased by 15.65 % in the first quarter of 2023 over the previous quarter. The maximum growth rate was 12.12 % and minimum was -14.27 %.
- Data published Quarterly by National Bureau of Statistics.
Historical Data (%) by years
Data
Period
Date
-15.65 | 1Q/23 | 24.05.2023 |
10.99 | 4Q/22 | 22.02.2023 |
9.68 | 3Q/22 | 18.11.2022 |
-0.37 | 2Q/22 | 26.09.2022 |
-14.66 | 1Q/22 | 23.05.2022 |
9.63 | 4Q/21 | 17.02.2022 |
11.1 | 3Q/21 | 18.01.2022 |
-13.9 | 1Q/21 | 24.05.2021 |
Historical Chart by QoQ presidents (%)
GDP Growth Rate in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Muhammadu Buhari | 29.05.2015 - | -13.4000 | -13.4000 | -13.4000 | -13.4000 | 0.00% |
Latest data on GDP per capita (USD)
What is Nigeria GDP per capita?
- GDP per capita in Nigeria increased to 2450 USD in 2022. The maximum level was 2550 USD and minimum was 1140 USD.
- Data published Yearly by World Bank.
Historical Data (USD) by years
Data
Period
Date
2450 | 2022 | 30.06.2023 |
2430 | 2021 | 12.07.2022 |
2396 | 2020 | 02.07.2021 |
2387 | 2019 | 07.07.2020 |
2396 | 2018 | 04.07.2019 |
2412.41 | 2017 | 07.07.2018 |
2457.8 | 2016 | 11.08.2017 |
Historical Chart by presidents (USD)
GDP per capita in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Muhammadu Buhari | 29.05.2015 - | 2457.8000 | 2457.8000 | 2457.8000 | 2457.8000 | 0.00% |
Latest data on GDP Constant Prices (NGN Million)
What is Nigeria GDP in Constant Prices?
- Real GDP (Constant Prices) in Nigeria decreased to 17719336 NGN Million (23.206 B USD) in the second quarter of 2023. The maximum value was 19550148 NGN Million and minimum was 12583478 NGN Million.
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
17719336 | 2Q/23 | 25.08.2023 |
17750060 | 1Q/23 | 24.05.2023 |
21044250 | 4Q/22 | 22.02.2023 |
18959956 | 3Q/22 | 24.11.2022 |
17285884 | 2Q/22 | 26.08.2022 |
17349380 | 1Q/22 | 23.05.2022 |
20329062 | 4Q/21 | 17.02.2022 |
18543056 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP Constant Prices in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP per capita PPP (USD)
What is Nigeria GDP per capita by purchasing power parity?
- GDP per capita PPP (purchasing power parity) in Nigeria increased to 4963 USD in 2022. The maximum level was 5516 USD and minimum was 2902 USD.
- Data published Yearly by World Bank.
Historical Data (USD) by years
Data
Period
Date
4963 | 2022 | 30.06.2023 |
4923 | 2021 | 07.07.2022 |
4917 | 2020 | 02.07.2021 |
5136 | 2019 | 07.07.2020 |
5316 | 2018 | 29.10.2019 |
5338 | 2017 | 04.07.2019 |
Historical Chart by presidents (USD)
GDP per capita PPP in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Agriculture (NGN Million)
What is Nigeria GDP From Agriculture?
- GDP From Agriculture in Nigeria increased to 4077716 NGN Million (5.34 B USD) in the second quarter of 2023. The maximum level was 5484064 NGN Million and minimum was 2594760 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
4077716 | 2Q/23 | 25.08.2023 |
3844845 | 1Q/23 | 24.05.2023 |
5568555 | 4Q/22 | 22.02.2023 |
5625362 | 3Q/22 | 24.11.2022 |
4017424 | 2Q/22 | 26.08.2022 |
3879732 | 1Q/22 | 23.05.2022 |
5456896 | 4Q/21 | 19.02.2022 |
5550941 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Agriculture in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Construction (NGN Million)
What is Nigeria GDP From Construction?
- GDP from Construction in Nigeria decreased to 573058 NGN Million (0.751 B USD) in the second quarter of 2023. The maximum level was 752834 NGN Million and minimum was 369191 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
573058 | 2Q/23 | 25.08.2023 |
749763 | 1Q/23 | 27.05.2023 |
729456 | 4Q/22 | 22.02.2023 |
629359 | 3Q/22 | 24.11.2022 |
554111 | 2Q/22 | 26.08.2022 |
725999 | 1Q/22 | 23.05.2022 |
702726 | 4Q/21 | 17.02.2022 |
596446 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Construction in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Manufacturing (NGN Million)
What is Nigeria GDP From Manufacturing?
- GDP from Manufacturing in Nigeria remained unchanged at 1528006 NGN Million (2.001 B USD) in the second quarter of 2023. The maximum volume was 1718985 NGN Million and minimum was 875408 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
1528006 | 2Q/23 | 25.08.2023 |
1797292 | 1Q/23 | 24.05.2023 |
1768538 | 4Q/22 | 22.02.2023 |
1628912 | 3Q/22 | 24.11.2022 |
1495122 | 2Q/22 | 26.08.2022 |
1768820 | 1Q/22 | 23.05.2022 |
1719789 | 4Q/21 | 19.02.2022 |
1660564 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Manufacturing in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Mining (NGN Million)
What is Nigeria GDP From Mining?
- GDP from Mining in Nigeria decreased to 946739 NGN Million (1.24 B USD) in the second quarter of 2023. The maximum volume was 2406676 NGN Million and minimum was 1147138 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
946739 | 2Q/23 | 25.08.2023 |
1102439 | 1Q/23 | 24.05.2023 |
913548 | 4Q/22 | 22.02.2023 |
1073897 | 3Q/22 | 24.11.2022 |
1093607 | 2Q/22 | 26.08.2022 |
1150852 | 1Q/22 | 23.05.2022 |
1054721 | 4Q/21 | 17.02.2022 |
1388798 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Mining in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Public Administration (NGN Million)
What is Nigeria GDP From Public Administration?
- GDP from Public Administration in Nigeria increased to 383786 NGN Million (0.503 B USD) in the second quarter of 2023. The maximum level was 614331 NGN Million and minimum was 278241 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
383786 | 2Q/23 | 25.08.2023 |
289342 | 1Q/23 | 24.05.2023 |
446757 | 4Q/22 | 22.02.2023 |
389183 | 3Q/22 | 24.11.2022 |
375595 | 2Q/22 | 26.08.2022 |
283591 | 1Q/22 | 23.05.2022 |
440437 | 4Q/21 | 17.02.2022 |
380337 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Public Administration in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Services (NGN Million)
What is Nigeria GDP From Services?
- GDP from Services in Nigeria increased to 7576045 NGN Million (9.922 B USD) in the second quarter of 2023. The maximum level was 7707177 NGN Million and minimum was 4564086 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
7576045 | 2Q/23 | 25.08.2023 |
7410965 | 1Q/23 | 24.05.2023 |
7048423 | 3Q/22 | 25.11.2022 |
7188065 | 2Q/22 | 27.08.2022 |
7018367 | 1Q/22 | 06.08.2022 |
8147459 | 4Q/21 | 19.02.2022 |
6545197 | 3Q/21 | 18.01.2022 |
6694697 | 2Q/21 | 26.08.2021 |
Historical Chart by presidents (NGN Million)
GDP From Services in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Transport (NGN Million)
What is Nigeria GDP From Transport?
- GDP from Transport in Nigeria decreased to 157034 NGN Million (0.206 B USD) in the second quarter of 2023. The maximum level was 296779 NGN Million and minimum was 118655 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
157034 | 2Q/23 | 25.08.2023 |
209377 | 1Q/23 | 24.05.2023 |
338278 | 4Q/22 | 22.02.2023 |
254928 | 3Q/22 | 24.11.2022 |
318160 | 2Q/22 | 26.08.2022 |
191448 | 1Q/22 | 23.05.2022 |
335660 | 4Q/21 | 19.02.2022 |
180043 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Transport in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on GDP From Utilities (NGN Million)
What is Nigeria GDP From Utilities?
- GDP from Utilities in Nigeria increased to 199723 NGN Million (0.262 B USD) in the second quarter of 2023. The maximum level was 394016 NGN Million and minimum was 51342 NGN Million
- Data published Quarterly by National Bureau of Statistics.
Historical Data (NGN Million) by years
Data
Period
Date
199723 | 2Q/23 | 25.08.2023 |
77068 | 1Q/23 | 24.05.2023 |
145772 | 4Q/22 | 22.02.2023 |
106384 | 3Q/22 | 24.11.2022 |
179909 | 2Q/22 | 26.08.2022 |
71775 | 1Q/22 | 23.05.2022 |
128311 | 4Q/21 | 17.02.2022 |
107693 | 3Q/21 | 18.01.2022 |
Historical Chart by presidents (NGN Million)
GDP From Utilities in Nigeria by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Other gdp indicators in Nigeria
Index | Updated | Actual | Previous |
GDP Value in other countries
Country | Updated | Actual | Previous |
Egypt | 2022 | 477 B USD | 425 |
Kenya | 2022 | 113 B USD | 110 |
Madagascar | 2022 | 14.95 B USD | 14.55 |
Zimbabwe | 20 | 27.37 B USD | 28.37 |
Tanzania | 2022 | 75.71 B USD | 70.66 |
Togo | 2022 | 8.13 B USD | 8.33 |
Tunisia | 2022 | 46.66 B USD | 46.69 |
Nigeria | 2022 | 477 B USD | 441 |
Sudan | 2022 | 51.66 B USD | 34.23 |
Morocco | 2022 | 134 B USD | 143 |
Senegal | 2022 | 27.68 B USD | 27.57 |
Seychelles | 2022 | 1.59 B USD | 1.29 |
South Africa | 2022 | 406 B USD | 419 |
Uganda | 2022 | 45.56 B USD | 40.51 |
Rwanda | 2022 | 13.31 B USD | 11.06 |
Liberia | 2022 | 4 B USD | 3.51 |
Zambia | 2022 | 29.78 B USD | 22.15 |
Mozambique | 2022 | 17.85 B USD | 15.78 |
Namibia | 2022 | 12.61 B USD | 12.45 |
Ghana | 2022 | 72.84 B USD | 79.16 |
Swaziland | 2022 | 4.85 B USD | 4.75 |
Libya | 2022 | 45.75 B USD | 39.8 |
South Sudan | 2019 | 1 B USD | 3.07 |
Somalia | 2022 | 8.13 B USD | 7.63 |
Algeria | 2022 | 192 B USD | 163 |
Angola | 2022 | 107 B USD | 65.69 |
Benin | 2022 | 17.4 B USD | 17.69 |
Botswana | 2022 | 20.35 B USD | 18.74 |
Burkina Faso | 2022 | 18.88 B USD | 19.74 |
Burundi | 2022 | 3.07 B USD | 2.78 |
Central African Republic | 2022 | 2.38 B USD | 2.52 |
Chad | 2022 | 12.7 B USD | 11.78 |
Comoros | 2022 | 1.24 B USD | 1.3 |
Republic of the Congo | 2022 | 14.62 B USD | 13.37 |
Djibouti | 2022 | 3.52 B USD | 3.37 |
Equatorial Guinea | 2022 | 11.81 B USD | 12.27 |
Ethiopia | 2022 | 127 B USD | 111 |
Gabon | 2022 | 21.07 B USD | 20.22 |
Gambia | 2022 | 2.27 B USD | 2.04 |
Guatemala | 2022 | 95 B USD | 86.05 |
Guinea | 2022 | 21.23 B USD | 16.09 |
Lesotho | 2022 | 2.55 B USD | 2.37 |
Malawi | 2022 | 13.16 B USD | 12.6 |
Mali | 2022 | 18.83 B USD | 19.31 |
Mauritania | 2022 | 10.38 B USD | 10 |
Niger | 2022 | 13.97 B USD | 14.92 |
Sao Tome and Principe | 2022 | 0.55 B USD | 0.53 |
Sierra Leone | 2022 | 3.97 B USD | 4.25 |