Nigeria GDP - Forecast

GDP in Nigeria is expected to be 397.15 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 690.00 USD Billion in 2020, according to our econometric models.


Nigeria GDP
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Nigeria GDP Last Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Growth Rate -13.4 4.8 5 5 -13.1 4.5
GDP Annual Growth Rate 1.94 2.9 3.4 3.4 3 3.5
GDP 405 397 368 411 500 690
GDP Constant Prices 16244997 16716347 18294763 19459527 16732347 20744829
Gross Fixed Capital Formation 2380380 2414895 2420846 2488387 2451791 2652745
GDP per capita 2458 2520 2561 2561 2750 2790
GDP per capita PPP 5439 5577 5502 5690 5710 5800
GDP From Agriculture 4859437 3799395 5277585 5024658 5005220 5356536
GDP From Construction 650767 704691 550514 671211 670290 715545
GDP From Manufacturing 1595564 1551346 1595525 1703703 1643431 1816233
GDP From Mining 1547119 1497803 1777117 1412705 1593533 1506014
GDP From Public Administration 358496 406702 375316 443505 369251 472799
GDP From Services 6938494 6164789 5956927 7174403 7146649 7648273
GDP From Transport 241535 180270 201142 261939 248781 279240
GDP From Utilities 61027 104149 93695 130616 62858 139243