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 2025?
- 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 |
