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 July 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.