Nigeria GDP2021 Data - 2022 Forecast - 1960-2020 Historical - Chart - News

Name: Nigeria GDP
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Nigeria,GDP,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Gross Domestic Product (GDP) in Nigeria was worth 432.30 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Nigeria represents 0.38 percent of the world economy. source: World Bank

GDP in Nigeria averaged 134.82 USD Billion from 1960 until 2020, reaching an all time high of 546.70 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 2022.

GDP in Nigeria is expected to reach 440.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 445.00 USD Billion in 2022 and 450.00 USD Billion in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP	432.30	448.10	USD Billion	Dec 2020
GDP per capita	2396.04	2502.65	USD	Dec 2020
GDP per capita PPP	4916.72	5135.50	USD	Dec 2020
GDP From Public Administration	283590.67	440437.08	NGN Millions	Mar 2022
GDP From Mining	1150851.86	1054721.28	NGN Million	Mar 2022
GDP From Manufacturing	1768820.22	1719788.87	NGN Million	Mar 2022
GDP From Construction	725998.76	702725.62	NGN Million	Mar 2022
GDP From Agriculture	3879731.92	5456895.81	NGN Million	Mar 2022
GDP From Utilities	71775.44	128310.96	NGN Million	Mar 2022
GDP From Transport	191448.27	335660.13	NGN Millions	Mar 2022
GDP From Services	8147459.17	6545197.45	NGN Millions	Dec 2021

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.