Nigeria's economic growth reached 3.40% in 2024, compared to 2.74% a year earlier. Full Year GDP Growth in Nigeria averaged 5.24 percent from 2000 until 2024, reaching an all time high of 14.60 percent in 2002 and a record low of -1.92 percent in 2020. source: National Bureau of Statistics, Nigeria
Full Year GDP Growth in Nigeria is expected to reach 4.30 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Full Year Gdp Growth is projected to trend around 4.50 percent in 2026 and 5.30 percent in 2027, according to our econometric models.