GDP Constant Prices in Nigeria decreased to 16826890.29 NGN Million in the first quarter of 2021 from 19550147.90 NGN Million in the fourth quarter of 2020. source: National Bureau Of Statistics, Nigeria

GDP Constant Prices in Nigeria averaged 16353330.75 NGN Million from 2010 until 2021, reaching an all time high of 19550147.90 NGN Million in the fourth quarter of 2020 and a record low of 12583478.33 NGN Million in the first quarter of 2010. This page provides - Nigeria GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Constant Prices - values, historical data and charts - was last updated on October of 2021.

GDP Constant Prices in Nigeria is expected to be 18537461.00 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 20840966.00 NGN Million in 2022 and 21382831.00 NGN Million in 2023, according to our econometric models.

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Nigeria GDP Constant Prices

Nigeria Last Unit Reference Previous Highest Lowest
GDP Growth Rate -13.90 percent Mar/21 -0.80 12.12 -14.27
GDP Annual Growth Rate 5.00 percent Jun/21 0.51 6.88 -6.10
GDP Constant Prices 16694666.15 NGN Million Jun/21 16826890.29 19550147.90 12583478.33
Gross Fixed Capital Formation 2944319.35 NGN Million Dec/20 2396979.75 3108123.30 17236.65
GDP From Utilities 183591.69 NGN Million Jun/21 71340.47 183591.69 51342.43
GDP From Transport 209788.41 NGN Millions Jun/21 231805.43 296779.23 118654.96
GDP From Services 6694697.46 NGN Millions Jun/21 6514172.17 7707176.57 4564086.31
GDP From Public Administration 368209.62 NGN Millions Jun/21 278241.06 614330.87 278241.06
GDP From Mining 1239461.07 NGN Million Jun/21 1556073.55 2406675.90 1147137.70
GDP From Manufacturing 1451511.22 NGN Million Jun/21 1670393.69 1718985.30 875408.17
GDP From Construction 532693.68 NGN Million Jun/21 692520.88 752833.66 369190.91
GDP From Agriculture 3969697.16 NGN Million Jun/21 3760880.60 5484063.93 2594759.86