Nigeria GDP Growth Rate  2010-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Nigeria expanded 8.97 percent in the third quarter of 2017 over the previous quarter. GDP Growth Rate in Nigeria averaged 1.44 percent from 2010 until 2017, reaching an all time high of 10.59 percent in the third quarter of 2010 and a record low of -13.98 percent in the first quarter of 2016.

Nigeria GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-05-23 09:00 AM GDP Growth Rate QoQ -12.9% 3.75% -12.94%
2017-09-05 08:40 AM GDP Growth Rate QoQ 3.23% -12.9% 2%
2017-11-20 08:00 AM GDP Growth Rate QoQ 8.97% 3.40% 7.9%
2018-02-28 08:05 AM GDP Growth Rate QoQ 8.97%
2018-05-23 09:00 AM GDP Growth Rate QoQ
2018-09-05 08:40 AM GDP Growth Rate QoQ


Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 8.97 3.40 10.59 -13.98 percent [+]
GDP Annual Growth Rate 1.40 0.72 19.17 -7.81 percent [+]
GDP 405.10 481.10 568.50 4.20 USD Billion [+]
GDP Constant Prices 18029404.12 16477424.00 18745360.19 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2380379.81 2129446.84 2873296.49 17236.65 NGN Million [+]
GDP per capita 2457.80 2562.50 2563.10 1089.10 USD [+]
GDP per capita PPP 5438.90 5670.60 5671.90 2750.10 USD [+]
GDP From Agriculture 5189365.99 3745091.59 5189365.99 2594759.86 NGN Million [+]
GDP From Construction 541311.33 694618.72 740204.22 369190.91 NGN Million [+]
GDP From Manufacturing 1568854.70 1529172.70 1718985.30 875408.17 NGN Million [+]
GDP From Mining 1787915.72 1476395.35 2406675.90 1228692.98 NGN Million [+]
GDP From Public Administration 369042.18 400889.27 614330.87 364765.95 NGN Millions [+]
GDP From Services 6076676.80 6031847.57 7087965.28 4564086.31 NGN Millions [+]
GDP From Transport 197780.18 177693.89 229523.14 144848.60 NGN Millions [+]
GDP From Utilities 102660.20 56502.08 114401.69 51342.43 NGN Million [+]


Nigeria GDP Growth Rate

In Nigeria, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. . This page provides - Nigeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.97 3.40 10.59 -13.98 2010 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 3.30 Sep/17
Indonesia 3.18 Sep/17
China 1.70 Sep/17
South Korea 1.50 Sep/17
India 1.40 Jun/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Australia 0.60 Sep/17
Euro Area 0.60 Sep/17
Japan 0.60 Sep/17
Switzerland 0.60 Sep/17
France 0.50 Sep/17
Canada 0.40 Sep/17
Italy 0.40 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Brazil 0.10 Sep/17
Mexico -0.30 Sep/17