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Nigeria GDP Data: Value, Growth Rate, Per Capita and Structure

Nigeria GDP Indicators

Indicator Data Period
GDP Value 441 USD Billion 2021
GDP Annual Growth Rate 2.31 % 1Q/23
GDP Growth Rate -15.65 % 1Q/23
GDP per capita 2430 USD 2021
GDP Constant Prices 17750060 NGN Million | 38.376 B USD 1Q/23
GDP per capita PPP 4923 USD 2021
GDP From Agriculture  3844845 NGN Million | 8.313 B USD 1Q/23
GDP From Construction  749763 NGN Million | 1.621 B USD 1Q/23
GDP From Manufacturing  1797292 NGN Million | 3.886 B USD 1Q/23
GDP From Mining  1102439 NGN Million | 2.384 B USD 1Q/23
GDP From Public Administration  289342 NGN Million | 0.626 B USD 1Q/23
GDP From Services  10169240 NGN Million | 21.986 B USD 1Q/23
GDP From Transport  209377 NGN Million | 0.453 B USD 1Q/23
GDP From Utilities  77068 NGN Million | 0.167 B USD 1Q/23


Latest data on GDP Value (USD Billion)

GDP Value
                     Nigeria - Historical Data (USD Billion)

What is Nigeria GDP Value?

  • The volume of Gross Domestic Product in Nigeria increased to 441 USD Billion in 2021. 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
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 (%)

GDP Annual Growth Rate
                     Nigeria - Historical Data (%)

What is annual GDP growth rate in Nigeria?

  • GDP Annual Growth Rate in Nigeria increased by 2.31 % in the first 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
2.31 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
5 2Q/21 26.08.2021


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 (%)

GDP Growth Rate
                     Nigeria - Historical Data (%)

What is Nigeria GDP Growth Rate 2023?

  • 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)

GDP per capita
                     Nigeria - Historical Data (USD)

What is Nigeria GDP per capita?

  • GDP per capita in Nigeria increased to 2430 USD in 2021. 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
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)

GDP Constant Prices
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP in Constant Prices?

  • Real GDP (Constant Prices) in Nigeria decreased to 17750060 NGN Million (38.376 B USD) in the first 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
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
16694666 2Q/21 26.08.2021


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)

GDP per capita PPP
                     Nigeria - Historical Data (USD)

What is Nigeria GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Nigeria increased to 4923 USD in 2021. 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
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)

GDP From Agriculture 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Agriculture?

  • GDP From Agriculture in Nigeria decreased to 3844845 NGN Million (8.313 B USD) in the first 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
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
3969697 2Q/21 26.08.2021


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)

GDP From Construction 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Construction?

  • GDP from Construction in Nigeria increased to 749763 NGN Million (1.621 B USD) in the first 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
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
532694 2Q/21 26.08.2021


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)

GDP From Manufacturing 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Manufacturing?

  • GDP from Manufacturing in Nigeria remained unchanged at 1797292 NGN Million (3.886 B USD) in the first 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
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
1451511 2Q/21 26.08.2021


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)

GDP From Mining 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Mining?

  • GDP from Mining  in Nigeria increased to 1102439 NGN Million (2.384 B USD) in the first 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
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
1239461 2Q/21 26.08.2021


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)

GDP From Public Administration 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Public Administration?

  • GDP from Public Administration  in Nigeria decreased to 289342 NGN Million (0.626 B USD) in the first 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
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
368210 2Q/21 26.08.2021


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)

GDP From Services 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Services?

  • GDP from Services  in Nigeria decreased to 10169240 NGN Million (21.986 B USD) in the first 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
10169240 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
6836847 1Q/21 24.05.2021


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)

GDP From Transport 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Transport?

  • GDP from Transport  in Nigeria decreased to 209377 NGN Million (0.453 B USD) in the first 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
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
209788 2Q/21 26.08.2021


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)

GDP From Utilities 
                     Nigeria - Historical Data (NGN Million)

What is Nigeria GDP From Utilities?

  • GDP from Utilities  in Nigeria decreased to 77068 NGN Million (0.167 B USD) in the first 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
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
183592 2Q/21 26.08.2021


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 2021 404 B USD 365
Kenya 2021 110 B USD 101
Madagascar 2021 14.47 B USD 13.05
Zimbabwe 2021 28.37 B USD 21.51
Tanzania 2021 67.84 B USD 62.41
Togo 2021 8.41 B USD 7.57
Tunisia 2021 46.69 B USD 42.54
Nigeria 2021 441 B USD 432
Sudan 2021 34.33 B USD 27.03
Morocco 2021 143 B USD 121
Senegal 2021 27.63 B USD 24.49
Seychelles 2021 1.45 B USD 1.26
South Africa 2021 419 B USD 338
Uganda 2021 40.53 B USD 37.6
Rwanda 2021 11.07 B USD 10.18
Liberia 2021 3.51 B USD 3.04
Zambia 2021 22.15 B USD 18.11
Mozambique 2021 15.78 B USD 14.03
Namibia 2021 12.31 B USD 10.58
Ghana 2021 77.59 B USD 70.04
Swaziland 2021 4.74 B USD 3.98
Libya 2021 42.82 B USD 50.36
South Sudan 2019 1 B USD 3.07
Somalia 2021 7.63 B USD 6.88
Algeria 2021 163 B USD 145
Angola 2021 67.4 B USD 53.62
Benin 2021 17.14 B USD 15.65
Botswana 2021 17.61 B USD 14.93
Burkina Faso 2021 19.74 B USD 17.93
Burundi 2021 2.78 B USD 2.65
Central African Republic 2021 2.52 B USD 2.33
Chad 2021 11.78 B USD 10.72
Comoros 2021 1.3 B USD 1.23
Republic of the Congo 2021 12.52 B USD 10.48
Djibouti 2021 3.48 B USD 3.18
Equatorial Guinea 2021 12.27 B USD 10.1
Ethiopia 2021 111 B USD 108
Gabon 2021 20.22 B USD 15.31
Gambia 2021 2.08 B USD 1.83
Guatemala 2021 85.99 B USD 77.63
Guinea 2021 16.09 B USD 14.18
Lesotho 2021 2.5 B USD 2.23
Malawi 2021 12.63 B USD 12.18
Mali 2021 19.14 B USD 17.47
Mauritania 2021 10 B USD 8.41
Niger 2021 14.92 B USD 13.74
Sao Tome and Principe 2021 0.53 B USD 0.47
Sierra Leone 2021 4.04 B USD 4.06