Nigeria GDP Growth Rate  2013-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Nigeria expanded 8.99 percent in the third quarter of 2016 over the previous quarter. GDP Growth Rate in Nigeria averaged 0.77 percent from 2013 until 2016, reaching an all time high of 9.19 percent in the third quarter of 2015 and a record low of -13.70 percent in the first quarter of 2016.

Nigeria GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-20 04:00 PM Q1 -13.7% 3.1% -10.1%
2016-08-31 08:00 AM Q2 0.82% -13.7% 1.6%
2016-11-21 09:00 AM Q3 8.99% 0.82% 1.8%
2017-03-08 06:05 PM Q4
2017-05-19 04:00 PM Q1
2017-08-31 08:00 AM Q2




Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 8.99 0.82 9.19 -13.70 percent [+]
GDP Annual Growth Rate -2.24 -2.06 19.17 -7.81 percent [+]
GDP 481.07 568.50 568.50 4.20 USD Billion [+]
GDP Constant Prices 17794905.98 16254490.12 18745360.19 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2874594.00 2530415.00 3015594.20 17236.65 NGN Million [+]
GDP per capita 2548.20 2548.40 2548.40 1086.40 USD [+]
GDP per capita PPP 5638.89 5639.45 5639.45 2739.59 USD [+]
GDP From Agriculture 5035069.07 3635533.14 5035069.07 2594759.86 NGN Million [+]
GDP From Construction 543808.12 693744.65 740204.22 369190.91 NGN Million [+]
GDP From Manufacturing 1614894.65 1519448.03 1829246.64 875408.17 NGN Million [+]
GDP From Mining 1624018.01 896051.02 3083257.13 896051.02 NGN Million [+]
GDP From Public Administration 371731.33 394453.72 614330.87 371731.33 NGN Millions [+]
GDP From Services 6085747.17 5973387.93 7087965.27 4564086.31 NGN Millions [+]
GDP From Transport 210972.66 189398.69 229523.13 144848.60 NGN Millions [+]
GDP From Utilities 82806.37 55205.04 114401.69 51342.43 NGN Million [+]



Nigeria GDP Growth Rate Notes

In Nigeria, the annual growth rate in GDP measures the change in the value of the goods and services produced by the country economy during the period of a year. . This page provides - Nigeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
8.99 0.82 9.19 -13.70 2013 - 2016 percent Quarterly



Last
Nigeria 8.99 Sep/16
Bangladesh 7.05 Dec/16
Venezuela 6.80 Dec/13
Vietnam 6.40 Sep/16
Angola 4.90 Dec/15
Egypt 4.90 Mar/16
Iceland 4.70 Sep/16
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Indonesia 3.20 Sep/16
United States 3.20 Sep/16
Sri Lanka 2.60 Jun/16
Qatar 2.50 Jun/16
Peru 2.00 Sep/16
China 1.80 Sep/16
Kenya 1.80 Jun/16
Costa Rica 1.75 Mar/16
Jamaica 1.60 Jun/16
Luxembourg 1.60 Jun/16
El Salvador 1.55 Dec/15
Malaysia 1.50 Sep/16
Tanzania 1.50 Sep/10
India 1.40 Jun/16
Mongolia 1.40 Jun/16
Saudi Arabia 1.40 Jun/16
Uganda 1.40 Jun/16
Kazakhstan 1.26 Dec/13
Bahrain 1.20 Jun/16
Philippines 1.20 Sep/16
Mexico 1.00 Sep/16
Slovenia 1.00 Sep/16
Taiwan 0.96 Sep/16
Albania 0.90 Jun/16
Canada 0.90 Sep/16
New Zealand 0.90 Jun/16
Greece 0.80 Sep/16
Israel 0.80 Sep/16
Portugal 0.80 Sep/16
Bulgaria 0.70 Sep/16
Cyprus 0.70 Sep/16
Netherlands 0.70 Sep/16
Slovakia 0.70 Sep/16
Spain 0.70 Sep/16
Chile 0.60 Sep/16
Ecuador 0.60 Jun/16
Ghana 0.60 Jun/16
Hong Kong 0.60 Sep/16
Ireland 0.60 Jun/16
Moldova 0.60 Jun/16
Romania 0.60 Sep/16
South Korea 0.60 Sep/16
Thailand 0.60 Sep/16
Bosnia and Herzegovina 0.50 Jun/16
Croatia 0.50 Jun/16
Japan 0.50 Sep/16
Paraguay 0.50 Sep/16
Sweden 0.50 Sep/16
United Kingdom 0.50 Sep/16
Austria 0.40 Sep/16
Denmark 0.40 Sep/16
European Union 0.40 Sep/16
Finland 0.40 Sep/16
Ukraine 0.40 Sep/16
Cameroon 0.30 Mar/16
Colombia 0.30 Sep/16
Euro Area 0.30 Sep/16
Hungary 0.30 Sep/16
Italy 0.30 Sep/16
Turkey 0.30 Jun/16
Belgium 0.20 Sep/16
Czech Republic 0.20 Sep/16
Estonia 0.20 Sep/16
France 0.20 Sep/16
Germany 0.20 Sep/16
Latvia 0.20 Sep/16
Malta 0.20 Jun/16
Mozambique 0.20 Sep/16
Poland 0.20 Sep/16
South Africa 0.20 Sep/16
Tunisia 0.20 Sep/16
Lithuania 0.10 Sep/16
Belize 0.05 Jun/16
Serbia 0.00 Jun/16
Switzerland 0.00 Sep/16
Uruguay 0.00 Jun/16
Australia -0.50 Sep/16
Mauritius -0.50 Jun/16
Norway -0.50 Sep/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.80 Sep/16
Botswana -1.30 Jun/16
Rwanda -1.40 Jun/16
Dominican Republic -1.67 Mar/16
Singapore -2.00 Sep/16
Argentina -2.10 Jun/16
Senegal -2.50 Jun/16
Trinidad And Tobago -3.90 Mar/16
Namibia -6.20 Jun/16