The Gross Domestic Product (GDP) in Nigeria was worth 187.76 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Nigeria represents 0.18 percent of the world economy. source: World Bank

GDP in Nigeria averaged 160.81 USD Billion from 1960 until 2024, reaching an all time high of 574.18 USD Billion in 2014 and a record low of 4.20 USD Billion in 1960. This page provides the latest reported value for - Nigeria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Nigeria GDP - values, historical data and charts - was last updated on May of 2026.

GDP in Nigeria is expected to reach 195.65 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 204.25 USD Billion in 2027 and 212.63 USD Billion in 2028, according to our econometric models.




Components Last Previous Unit Reference
GDP from Agriculture 11872703.68 18332954.99 NGN Million Mar 2026
GDP from Construction 2485698.56 2504245.94 NGN Million Mar 2026
GDP from Manufacturing 4905643.96 4735499.45 NGN Million Mar 2026
GDP from Mining 2121388.36 2024411.44 NGN Million Mar 2026
GDP from Public Administration 1077319.93 1675215.00 NGN Million Mar 2026
GDP from Services 29594541.09 35770833.73 NGN Million Mar 2026
GDP from Transport 524840.64 651202.72 NGN Million Mar 2026
GDP from Utilities 281330.49 601539.27 NGN Million Mar 2026

Related Last Previous Unit Reference
GDP 187.76 363.85 USD Billion Dec 2024
GDP per Capita 2447.64 2416.36 USD Dec 2024
GDP per Capita PPP 5665.45 5593.06 USD Dec 2024


Nigeria GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
187.76 363.85 574.18 4.20 1960 - 2024 USD Billion Yearly
Current USD

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