Nigeria GDP Growth Rate  2013-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Nigeria expanded 4.09 percent in the fourth quarter of 2016 over the previous quarter. GDP Growth Rate in Nigeria averaged 0.97 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)
2016-08-31 08:00 AM Q2 0.82% -13.7% 1.6%
2016-11-21 09:00 AM Q3 8.99% 0.82% 1.8%
2017-02-28 08:05 AM Q4 4.09% 8.99% 1.1%
2017-05-18 09:00 AM Q1 4.09% -12.94%
2017-08-30 09:00 AM Q2 2.01%
2017-11-21 09:00 AM Q3 9.16%




Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate 4.09 8.99 9.19 -13.70 percent [+]
GDP Annual Growth Rate -1.30 -2.24 19.17 -7.81 percent [+]
GDP 481.07 568.50 568.50 4.20 USD Billion [+]
GDP Constant Prices 18519381.66 17794905.98 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 4662010.12 5035069.07 5035069.07 2594759.86 NGN Million [+]
GDP From Construction 623349.23 543808.12 740204.22 369190.91 NGN Million [+]
GDP From Manufacturing 1645401.74 1614894.65 1829246.64 875408.17 NGN Million [+]
GDP From Mining 2041492.97 1624018.01 3083257.13 896051.02 NGN Million [+]
GDP From Public Administration 430861.50 371731.33 614330.87 371731.33 NGN Millions [+]
GDP From Services 6977150.10 6035650.62 7087965.27 4564086.31 NGN Millions [+]
GDP From Transport 217313.24 210972.66 229523.13 144848.60 NGN Millions [+]
GDP From Utilities 111801.06 85432.68 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
4.09 8.99 9.19 -13.70 2013 - 2016 percent Quarterly



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Algeria 4.00 Dec/14
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Malaysia 1.40 Dec/16
Romania 1.40 Dec/16
China 1.30 Mar/17
Luxembourg 1.30 Dec/16
Kazakhstan 1.26 Dec/13
Hong Kong 1.20 Dec/16
Slovenia 1.20 Dec/16
Australia 1.10 Dec/16
Ghana 1.10 Sep/16
Latvia 1.10 Dec/16
Norway 1.10 Dec/16
Colombia 1.00 Dec/16
Mauritius 1.00 Dec/16
Mongolia 1.00 Dec/16
Sweden 1.00 Dec/16
Albania 0.90 Dec/16
Bulgaria 0.90 Dec/16
Saudi Arabia 0.90 Sep/16
Slovakia 0.80 Dec/16
Uganda 0.80 Dec/16
Bosnia and Herzegovina 0.70 Dec/16
Cyprus 0.70 Dec/16
Mexico 0.70 Dec/16
Spain 0.70 Dec/16
United Kingdom 0.70 Dec/16
Canada 0.60 Dec/16
Croatia 0.60 Dec/16
Moldova 0.60 Dec/16
Netherlands 0.60 Dec/16
Peru 0.60 Dec/16
Portugal 0.60 Dec/16
Argentina 0.50 Dec/16
Austria 0.50 Dec/16
Belgium 0.50 Dec/16
Denmark 0.50 Dec/16
Ecuador 0.50 Sep/16
European Union 0.50 Dec/16
South Korea 0.50 Dec/16
Taiwan 0.45 Dec/16
Czech Republic 0.40 Dec/16
Euro Area 0.40 Dec/16
France 0.40 Dec/16
Germany 0.40 Dec/16
Hungary 0.40 Dec/16
New Zealand 0.40 Dec/16
Thailand 0.40 Dec/16
Cameroon 0.30 Mar/16
Japan 0.30 Dec/16
Italy 0.20 Dec/16
Serbia 0.20 Dec/16
Tunisia 0.20 Dec/16
Botswana 0.10 Dec/16
Kenya 0.10 Sep/16
Switzerland 0.10 Dec/16
Belize 0.04 Sep/16
Finland 0.00 Dec/16
Paraguay -0.30 Dec/16
South Africa -0.30 Dec/16
Chile -0.40 Dec/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Brazil -0.90 Dec/16
Jamaica -1.10 Dec/16
Rwanda -1.10 Dec/16
Greece -1.20 Dec/16
Mozambique -1.70 Dec/16
Namibia -1.70 Dec/16
Senegal -1.70 Sep/16
Indonesia -1.77 Dec/16
Singapore -1.90 Mar/17
Qatar -2.10 Oct/16
Dominican Republic -2.18 Sep/16
Bahrain -2.70 Dec/16
Trinidad And Tobago -3.30 Sep/16