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

The Gross Domestic Product (GDP) in Nigeria contracted 13.70 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Nigeria averaged 0.30 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. GDP Growth Rate in Nigeria is reported by the Central Bank of Nigeria.

Nigeria GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-13.70 3.10 9.19 -13.70 2013 - 2016 percent Quarterly
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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-17 03:40 PM Q3 9.19% 2.57%
2016-03-08 06:05 PM Q4 3.1% 9.19% 3.5%
2016-05-20 04:00 PM Q1 -13.7% 3.1% -10.1%
2016-08-25 10:00 AM Q2 1.6%
2016-11-25 10:00 AM Q3 8.10%

Nigeria GDP Last Previous Highest Lowest Unit
GDP Growth Rate -13.70 3.10 9.19 -13.70 percent [+]
GDP Annual Growth Rate -0.40 2.11 19.17 -7.81 percent [+]
GDP 568.51 514.97 568.51 4.20 USD Billion [+]
GDP Constant Prices 16137052.85 18745360.19 18745360.19 56260.04 NGN Million [+]
Gross Fixed Capital Formation 2672798.96 2410065.78 3015594.20 17236.65 NGN Million [+]
GDP per capita 1091.64 1055.84 1091.64 468.10 USD [+]
GDP per capita PPP 5606.56 5422.69 5606.56 2739.59 USD [+]
GDP From Agriculture 3274725.01 4481257.62 4816519.15 2594759.86 NGN Million [+]
GDP From Construction 659950.18 663347.24 740204.22 369190.91 NGN Million [+]
GDP From Manufacturing 1522488.05 1688339.78 1829246.64 875408.17 NGN Million [+]
GDP From Mining 1391091.74 1313243.35 3083257.13 1313243.35 NGN Million [+]
GDP From Public Administration 372471.20 449499.92 614330.87 372471.20 NGN Millions [+]
GDP From Services 7087965.27 6101561.96 7087965.27 4564086.31 NGN Millions [+]
GDP From Transport 190912.72 229523.13 229523.13 144848.60 NGN Millions [+]
GDP From Utilities 114401.69 87336.78 114401.69 51342.43 NGN Million [+]




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Peru 1.90 Dec/15
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India 1.70 Dec/15
Romania 1.60 Mar/16
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El Salvador 1.55 Dec/15
Cameroon 1.50 Sep/15
Tanzania 1.50 Sep/10
Kenya 1.40 Sep/15
Bolivia 1.30 Dec/15
Chile 1.30 Mar/16
Ghana 1.30 Dec/15
Kazakhstan 1.26 Dec/13
China 1.10 Mar/16
Luxembourg 1.10 Dec/15
Malta 1.10 Dec/15
Philippines 1.10 Mar/16
Costa Rica 1.04 Sep/15
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Cyprus 0.90 Mar/16
New Zealand 0.90 Dec/15
Paraguay 0.90 Dec/15
Thailand 0.90 Mar/16
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Spain 0.80 Mar/16
United States 0.80 Mar/16
Taiwan 0.78 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Mar/16
Germany 0.70 Mar/16
Slovakia 0.70 Mar/16
Turkey 0.70 Dec/15
Australia 0.60 Dec/15
Canada 0.60 Mar/16
Colombia 0.60 Dec/15
Croatia 0.60 Apr/16
France 0.60 Mar/16
South Africa 0.60 Dec/15
Argentina 0.50 Jun/15
Austria 0.50 Mar/16
Czech Republic 0.50 Mar/16
Denmark 0.50 Mar/16
Euro Area 0.50 Mar/16
European Union 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
Sweden 0.50 Mar/16
Finland 0.40 Mar/16
Japan 0.40 Mar/16
South Korea 0.40 Mar/16
Switzerland 0.40 Dec/15
Tunisia 0.40 Mar/16
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Italy 0.30 Mar/16
Belgium 0.20 Mar/16
Israel 0.20 Mar/16
Portugal 0.20 Mar/16
Singapore 0.20 Mar/16
Bahrain 0.10 Dec/15
Ecuador 0.10 Dec/15
Jamaica 0.10 Dec/15
Uruguay 0.10 Dec/15
Estonia 0.00 Mar/16
Mauritius 0.00 Dec/15
Latvia -0.10 Mar/16
Moldova -0.10 Dec/15
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
Iceland -1.10 Dec/15
Brazil -1.40 Dec/15
Nigeria -13.70 Mar/16