GDP Constant Prices in Nigeria increased to 58644107 NGN Million in the third quarter of 2025 from 51819724 NGN Million in the second quarter of 2025. GDP Constant Prices in Nigeria averaged 53464538.36 NGN Million from 2023 until 2025, reaching an all time high of 62942347.00 NGN Million in the fourth quarter of 2024 and a record low of 47273551.00 NGN Million in the first quarter of 2023. source: National Bureau Of Statistics, Nigeria

GDP Constant Prices in Nigeria is expected to be 52580609.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP Constant Prices is projected to trend around 64531096.00 NGN Million in 2027 and 67951244.00 NGN Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Growth Rate YoY 3.98 4.23 percent Sep 2025
GDP Constant Prices 58644107.00 51819724.00 NGN Million Sep 2025
GDP from Agriculture 17801833.18 13398110.99 NGN Million Sep 2025
GDP from Construction 2165990.78 1845817.64 NGN Million Sep 2025
GDP from Manufacturing 4344268.58 3998270.80 NGN Million Sep 2025
GDP from Mining 2033574.46 2163617.84 NGN Million Sep 2025
GDP from Public Administration 1461012.70 1397755.87 NGN Million Sep 2025
GDP from Services 30238337.50 28942527.57 NGN Million Sep 2025
GDP from Transport 392741.51 333106.90 NGN Million Sep 2025
GDP from Utilities 450843.38 854306.88 NGN Million Sep 2025
GDP Growth Rate 13.17 2.40 percent Sep 2025
Gross Fixed Capital Formation 2914571.33 2617119.11 NGN Million Dec 2024


Nigeria GDP Constant Prices
Actual Previous Highest Lowest Dates Unit Frequency
58644107.00 51819724.00 62942347.00 47273551.00 2023 - 2025 NGN Million Quarterly
Constant 2019 Prices, NSA