The gross domestic product in Nigeria expanded 13.2% quarter-on-quarter in Q3 2025, picking up from a 2.4% growth in Q2, and marking the strongest quarterly expansion since at least 2010. GDP Growth Rate in Nigeria averaged 0.84 percent from 2010 until 2025, reaching an all time high of 13.17 percent in the third quarter of 2025 and a record low of -19.60 percent in the first quarter of 2025. source: National Bureau Of Statistics, Nigeria
The Gross Domestic Product (GDP) in Nigeria expanded 13.17 percent in the third quarter of 2025 over the previous quarter.
Nigeria is one of the most developed countries in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
13.17 |
2.40 |
13.17 |
-19.60 |
2010 - 2025 |
percent |
Quarterly |
|