The Gross Domestic Product (GDP) in Nigeria was worth 187.76 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Nigeria represents 0.18 percent of the world economy. source: World Bank

GDP in Nigeria averaged 160.81 USD Billion from 1960 until 2024, reaching an all time high of 574.18 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 February of 2026.

GDP in Nigeria is expected to reach 196.21 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria GDP is projected to trend around 206.61 USD Billion in 2027 and 217.56 USD Billion in 2028, according to our econometric models.


Components Last Previous Unit Reference
GDP from Agriculture 17801833.18 13398110.99 NGN Million Sep 2025
GDP from Construction 2165990.78 1845817.64 NGN Million Sep 2025
GDP from Manufacturing 4344268.58 3998270.80 NGN Million Sep 2025
GDP from Mining 2033574.46 2163617.84 NGN Million Sep 2025
GDP from Public Administration 1461012.70 1397755.87 NGN Million Sep 2025
GDP from Services 30238337.50 28942527.57 NGN Million Sep 2025
GDP from Transport 392741.51 333106.90 NGN Million Sep 2025
GDP from Utilities 450843.38 854306.88 NGN Million Sep 2025

Related Last Previous Unit Reference
GDP 187.76 363.85 USD Billion Dec 2024
GDP per Capita 2447.64 2416.36 USD Dec 2024
GDP per Capita PPP 5665.45 5593.06 USD Dec 2024


Nigeria GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Actual Previous Highest Lowest Dates Unit Frequency
187.76 363.85 574.18 4.20 1960 - 2024 USD Billion Yearly
Current USD

Compare: GDP by Country